Global Polybutylene Succinate Market Size & Outlook
Global polybutylene succinate market, 2018-2030 (US$M)
Related Markets
Global polybutylene succinate market highlights
- The global polybutylene succinate market generated a revenue of USD 276.5 million in 2021 and is expected to reach USD 1,396.9 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 19.7% by 2030.
- In terms of segment, bio-based accounted for a revenue of USD 158.8 million in 2021.
- Bio-Based is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2021.
- Country-wise, Argentina is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 276.5 million |
| Market revenue in 2030 | USD 1,396.9 million |
| Growth rate | 19.7% (CAGR from 2021 to 2030) |
| Largest segment | Bio-based |
| Fastest growing segment | Bio-Based |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bio-Based, Petro-Based |
Other key industry trends
- In terms of revenue, the North America accounted for 18.2% of the global polybutylene succinate market in 2021.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Argentina is the fastest growing regional market and is projected to reach USD 43.9 million by 2030.
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Polybutylene Succinate Market Scope
Polybutylene Succinate Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global polybutylene succinate market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polybutylene succinate market will help companies and investors design strategic landscapes.
Bio-based was the largest segment with a revenue share of 57.43% in 2021. Horizon Databook has segmented the Global polybutylene succinate market based on bio-based, petro-based covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Polybutylene Succinate Type Outlook (Revenue, USD Million, 2018-2030)
- Bio-Based
- Petro-Based
- Global Polybutylene Succinate Application Outlook (Revenue, USD Million, 2018-2030)
- Mulch Films
- Packaging
- Medicine
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global polybutylene succinate market , including forecasts for subscribers. This global databook contains high-level insights into Global polybutylene succinate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global polybutylene succinate market size, by regions, 2018-2030 (US$M)
Top 10 countries: Polybutylene succinate market size, 2021 (US$M)
Global polybutylene succinate market share, by type, 2021 & 2030 (%, US$M)
Polybutylene succinate market: Opportunity assessment by country
Global polybutylene succinate market, by region, 2021 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 40.2 | 50.4 | 48.5 | 50.4 | 55.9 | 66.1 | 75.1 | 88.2 | 109.6 | 129.9 | 163.0 | 197.1 | 243.5 | 19.1% |
| Europe | 49.5 | 62.9 | 60.7 | 64.5 | 72.5 | 86.8 | 100.0 | 118.9 | 149.6 | 179.7 | 228.4 | 279.5 | 349.7 | 20.7% |
| Asia Pacific | 80.0 | 100.9 | 97.3 | 102.3 | 114.4 | 136.2 | 155.9 | 184.4 | 230.8 | 275.6 | 348.4 | 424.1 | 527.7 | 20.0% |
| Latin America | 30.7 | 38.6 | 37.2 | 38.4 | 42.5 | 50.2 | 57.0 | 66.8 | 82.9 | 98.1 | 123.0 | 148.4 | 183.1 | 19.0% |
| MEA | 17.1 | 20.9 | 20.8 | 20.9 | 23.0 | 27.0 | 30.4 | 35.3 | 43.5 | 51.1 | 63.5 | 76.0 | 93.0 | 18.0% |
| Overall | 217.4 | 273.7 | 264.6 | 276.5 | 308.2 | 366.3 | 418.3 | 493.7 | 616.3 | 734.3 | 926.2 | 1,125.0 | 1,396.9 | 19.7% |
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