openPR Logo
Press release

Insights on the US Polybutylene Succinate (PBS) Market to 2019 | Industry Statistics, Emerging Demands, Forecast to 2025

04-18-2022 12:59 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The US PBS market is estimated to grow at a CAGR of over 9.7% during the forecast period. The US is one of the major markets for PBS. Higher per capita economy, high usage of consumer electronics, automotive, plastic and packaging are the major factors for a significant market share in the region. Due to its desirable mechanical properties and biodegradable nature, the application area of PBS is expanding at a significant rate in the US. Therefore, the polymer is being considered as a renewable and economical substitute for conventional plastic parts with its remarkable chemical and mechanical properties. With the growth in major end-use industries which includes automotive, agriculture, and food packaging sector in the US, the market value for the PBS market is increasing in the country.

To Request a Sample of our Report on US Polybutylene Succinate (PBS) Market: https://www.omrglobal.com/request-sample/us-polybutylene-succinate-market

Moreover, the US is one of the key exporters of agricultural products to China, India and South Korea. This is expected to increase the demand for advanced packaging options, thereby increasing opportunities for driving the market during the forecast period. Polymers are being used in various industries including automotive, food packaging, and agriculture industry of the US. Food packaging companies are shifting towards biopolymers for packaging material due to growing environmental concerns and stringent government regulations. In addition, the food packaging industry is growing at a substantial rate in the US due to the growing import and export of packaged food to other countries which include China, South Korea, India, and other Asian nations.

The US PBS market is segmented on the basis of process and application. Based on the process, the market is segmented into trans-esterification and direct esterification. The direct esterification process had a significant share in the market in 2018. Direct esterification process is the most common process for preparing PBS and has several advantages such as the process that can be performed under atmospheric pressure and has a short reaction time. Whereas, the trans-esterification process is projected to grow at a considerable rate during the forecast period. The trans-esterification process is used by various food packaging manufacturers as it involves a green chemistry approach where enzymes as a catalyst are used to obtain environment-friendly polymeric materials.

PBS finds its applications in a number of industries including packaging/disposables, agriculture, textile, automotive and others. The packaging industry has significantly adopting biodegradable polymers to substitute non-biodegradable polymers such as polyethylene (PE), polypropylene (PP) and polystyrene plastics (PS). In the agriculture industry, PBS has been used for manufacturing plant pots and mulch films. The rising adoption of biodegradable mulch films is gaining significant importance in the region.

(Get 15% Discount on Buying this Report)

A full Report of US Polybutylene Succinate (PBS) Market is Available @ https://www.omrglobal.com/industry-reports/us-polybutylene-succinate-market

US Polybutylene Succinate (PBS) PBS Market Segmentation

By Process

Trans-Esterification
Direct Esterification
By Application

Packaging/Disposables
Agriculture
Textile
Automotive
Others
Company Profiles

· GC Innovation America Corp

· Koninklijke DSM N.V

· Mitsubishi Chemical Corp.

· Showa Denko Kk

· SK Chemicals Co., Ltd

· The Dow Chemical Co.

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Insights on the US Polybutylene Succinate (PBS) Market to 2019 | Industry Statistics, Emerging Demands, Forecast to 2025 here

News-ID: 2605017 • Views:

More Releases from Orion Market Research

Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, …
Infrastructure as Code (IaC) Service Market was valued at approximately USD 0.932 billion, and it's projected to expand to around USD 7.509 billion by 2033, achieving a robust CAGR of 23.2% from 2024 to 2033. Infrastructure as Code (IaC) Service Market Overview The Infrastructure as Code (IaC) Service Market is experiencing remarkable expansion, fueled by the escalating need for scalable, automated infrastructure deployment across cloud and enterprise environments. In 2023, the market
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to Understanding the Process
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to …
Ultra High‐Performance Liquid Chromatography (UHPLC) Columns Market is estimated to be valued at USD 2.5 billion, and is projected to grow to approximately USD 4.8 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.8% from 2024 to 2033. Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market Overview The UHPLC columns market is on a strong growth trajectory, fueled by increasing demand for rapid, high-resolution analytical techniques across pharmaceuticals, biotechnology,
Property Management Service Market Rising Demand and Growth Forecast Through 2033
Property Management Service Market Rising Demand and Growth Forecast Through 203 …
Property Management Service Market was valued at approximately USD 17.3 billion. It is anticipated to reach around USD 32.0 billion by 2033, growing at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2033. Property Management Service Market Overview The Property Management Service Market is witnessing steady growth due to increasing urbanization, rising investments in real estate, and a growing demand for outsourced property management solutions. Property owners are increasingly
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSilicon Technologies Co., Ltd., ZTE Corporation,
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSili …
The global 5G chipset market was valued at USD 33.75 billion in 2024 and is projected to reach USD 502.66 billion by 2033, growing at a compound annual growth rate (CAGR) of 35% from 2025 to 2033. 5G Chipset Market Overview The 5G chipset market is experiencing rapid growth, driven by the global rollout of 5G networks and the increasing demand for high-speed, low-latency connectivity across various applications, including smartphones, IoT

All 5 Releases


More Releases for PBS

Bioplastics of the future: Golden Compound relies on bio-PBS
With its GC green material line, Golden Compound is launching an innovative solution for the growing demand for sustainable plastic alternatives. The biocompounds are based on bio-PBS (polybutylene succinate) and contain mineral fillers, wood fibers or even sunflower seed husks as a natural filler - a by-product of the food industry that has hardly been used to date. Bio-PBS: bio-based, degradable, efficient Bio-PBS is considered one of the most promising bioplastics of
Polarizing Beam Splitters (PBS) Market Size 2024 to 2031.
Market Overview and Report Coverage A Polarizing Beam Splitter (PBS) is an optical device that splits a beam of light into two separate beams based on the polarization state of the light. It is commonly used in various applications such as interferometry, microscopy, spectroscopy, and telecommunications. The Polarizing Beam Splitters (PBS) Market is expected to grow at a CAGR of 8.10% during the forecasted period. The growth of this market
Polybutylene Succinate (PBS)Market to reach USD 124.69 billion by 2029, register …
Over the last few years, there has been surge in growth of the chemical industry. In addition to this, polybutylene succinate are largely employed in the packaging, pharmaceutical, and food and beverages industry, which further boosts the market growth over the forecast period. Moreover, it is emerging as a substitute for polypropylene (PP) and polyethylene terephthalate (PET), which also boosts the market growth rate. Global Polybutylene succinate (PBS) Market was valued at USD 71.23 billion in
Europe Polybutylene Succinate (PBS) Market Research Study, Analysis 2029
Several boosters associated with the polybutylene succinate (PBS) market include increasing preferences for eco-friendly and biodegradable products for packaging and growing demand for PBS in automotive interiors. In order to fulfill the growing demand for polybutylene succinate (PBS) products in the oil and gas industry reach, some companies are expanding their production capacities and entering into agreements across different regions. The major restraints that may impact the polybutylene succinate (PBS)
Ella's Way Donates to NH PBS Auction
Contact: Dave Richards, Vice President or September 19, 2023 Sherry Cerino, CEO and Founder Email: drichards12@comcast.net, scerino@ellasway.com FOR IMMEDIATE RELEASE Ella's Way Denotes Books to New Hampshire PBS Holiday Auction North Andover-Ella's Way of North Andover, Mass. is donating books to be auctioned off at the New Hampshire PBS holiday auction that raises funds for programming, education, and community outreach efforts. The virtual auction is being held between Nov. 14 and Dec. 8. Sherry Cerino, founder of
Global Palm Bladder Scanner (PBS) Market Research Report
his report studies the global Palm Bladder Scanner (PBS) market status and forecast, categorizes the global Palm Bladder Scanner (PBS) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). The major manufacturers covered in this report Medline Industries, Inc. Verathon C. R. Bard, Inc. Echoson Com Pl Vitacon The