市場調查報告書
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1179857
2022-2029 年全球聚丁二酸丁二醇酯市場Global Polybutylene Succinate Market - 2022-2029 |
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預計在預測期內(2022-2029 年),全球聚丁二酸丁二醇酯 (PBS) 市場將以 8.2% 的複合年增長率顯著增長。
PBS 是一種基於聚酯的熱塑性聚合物樹脂。PBS 是一種脂肪族聚酯,具有類似於聚丙烯的特性,並且是可生物降解的。主要品牌包括 GsPLA、BioPBS 和 Bionolle (Showa Denko)。
這種生物聚合物由琥珀酸縮合物和 1-4-丁二醇 (BDO) 組成,為塑料製造商提供生物聚合物化合物的基礎材料。PBS 是一種脂肪族聚酯,可自然降解並具有與聚丙烯相似的特性。據美國能源部稱,它是未來 12 大化學生物基構建模塊之一。
由於全球對可生物降解聚合物的需求不斷增長,預計 PBS 的市場份額在預測期內將增加。然而,原材料價格的波動可能是一個主要的市場製約因素。
預計在預測期內,對可生物降解聚合物的需求增加將提高 PBS 的市場份額
PBS 是完美的生物聚合物,具有多功能性、耐熱性、生物降解性等。與其他生物基構建塊相比,它具有較高的生物質消耗效率 (BUE)。通過與其他聚合物混合,其效率可以針對特定應用進行調整。世界經濟論壇推出了一項新的“新塑料經濟”計劃,以推廣 PBS 等生物聚合物。一些化學加工公司正在從基於石化的 PBS 轉向基於生物的 PBS。
此外,環保包裝不僅僅是為了回收利用。包裝的可持續性也可以通過製造方法和使用的原材料來提高。生物基聚合物可以在提高性能的同時創造更環保的包裝。聚丁二酸丁二醇酯 (PBS) 難以重複使用和回收,是改進報廢解決方案和降低處置成本的絕佳選擇。例如,Roquette 是世界植物基配料領域的領導者,其提供的 BIOSUCCINIUM 生物琥珀酸可用於製造聚丁二酸丁二醇酯 (PBS),這是一種可生物降解的聚合物。PBS 化合物具有多項優勢,例如耐熱性和平衡的機械性能,使其可用於各種應用。
現代 BIOSUCCINIUM 基生物基聚合物在堆肥和土壤中可完全生物降解。當產品達到使用壽命並且難以回收或回收時,可堆肥塑料提供了一種替代處理選擇。由於受到土壤和殺蟲劑的污染,化石衍生的 PE 地膜通常難以回收。可生物降解的地膜越來越受歡迎,因為它們具有與傳統地膜相同的性能,並且可以埋在土壤中並分解成水和二氧化碳。
例如,Mitsubishi Chemical已決定在 2021 年 4 月開發海洋可生物降解的生物 PBS。該公司確保其 BioPBS 系列植物來源的聚丁二酸丁二醇酯 (PBS) 產品取得成功。
原材料價格波動
從石油原料中提取的丁二酸和1,4-丁二醇是聚丁二酸丁二醇酯的主要成分。因此,聚丁二酸丁二醇酯原料價格主要受原油價格波動影響。據《BP 世界能源統計評論》報導,過去 12 個月原油價格波動較大。油價從2014年的每桶98.95美元波動到2016年的每桶52.39美元,2016年每桶43.73美元,2018年每桶71.31美元,2019年每桶64.21美元。
原油價格的波動也推高了聚丁二酸丁二醇酯的價格。因此,預計聚丁二酸丁二醇酯生產商將在預測期內面臨與原油價格波動相關的重大挑戰。由於 PBS 非常昂貴,許多研究人員正在部分替代其他材料,例如天然纖維。
增強材料也有助於提高材料的強度。此外,結合可生物降解的聚合物可以改變所需的特性和降解速率,同時降低材料的總成本。因此,替代方法最近導致整體產品市場份額下降。在接下來的幾年裡,對具有成本效益的聚丁二酸丁二醇酯建築材料的研究越來越多,這將影響 PBS 的市場份額。
PBS 是一種可生物降解的聚合物,可以在許多應用中替代當今的合成聚合物,從而有助於解決環境問題。然而,由於缺乏關於合成聚合物如何影響環境的知識,使它們無法到達客戶手中。因此,對可生物降解聚合物的需求很少,這可能導致巨大的市場價格。
COVID-19 影響分析
在 COVID-19 爆發之前,PBS 領域正在大幅擴張。PBS 的強彈性和與纖維的相容性使其適用於包裝、生物醫藥和農業等行業。聚丁二酸丁二醇酯因其高氣體阻隔性而經常用於食品包裝,例如紙杯和一次性餐具。
然而,由於 COVID-19 的突然爆發,對該產品的總需求發生了急劇變化。在接下來的幾年裡,預計損壞將得到修復。由於冠狀病毒(COVID-19)大流行,全國許多包裝廠和食品製藥廠暫時關閉,只有部分企業獲准生產。
但是,外賣訂單的顯著增加主要是由於 COVID-19 大流行。此外,在夏季,一次性塑料餐具的使用量增加。因此,在流行季節對即食外賣食品的需求增加,有助於行業的擴張。
此外,在大流行期間對口罩的需求如此之高,以至於公司正在開發新材料以滿足不斷增長的需求。Advanced Science 上發表了一種由聚丁二酸丁二醇酯 (PBS) 製成的可生物降解、防潮的口罩過濾器,這是一種塗有殼聚醣納米晶須的可生物降解塑料樹脂。由於大流行情況仍然無法預測,額外的封鎖和行業停工可能會進一步削弱該行業的市場。全球疫苗接種覆蓋率正在上升,尤其是在印度等人口眾多的國家,這一趨勢很可能在預測期內使市場受益。
The global polybutylene succinate (PBS) market reached US$ XX million in 2021 and is expected to record significant growth by reaching up to US$ XX million by 2029, growing at a CAGR of 8.2% during the forecast period (2022-2029).
PBS is a thermoplastic polymer resin with a polyester base. PBS is an aliphatic polyester with characteristics similar to polypropylene and is biodegradable. GsPLA, BioPBS and Bionolle (Showa Denko) are examples of some of the major brands.
The biopolymer, which gives plastic producers a building block for biopolymer compounds, is composed of succinic acid condensation and 1-4 butanediol (BDO). PBS is an aliphatic polyester that degrades naturally and has qualities similar to polypropylene. As per U.S. Department of Energy, it is among the top 12 chemical bio-based building blocks for the future.
The increasing demand for biodegradable polymers globally is expected to boost the market share of PBS in the forecast period. However, fluctuation in raw material pricing could be a major market restraint.
Increasing demand for biodegradable polymers globally is expected to boost the market share of PBS in the forecast period
PBS is a perfect biopolymer with versatility, heat resistance and biodegradability. Compared to other bio-based building blocks, it has a high biomass consumption efficiency (BUE). Mixing it with other polymers can tailor its efficiency to particular applications. The World Economic Forum has launched a new New Plastic Economic program promoting biopolymers like PBS. Several chemical processing firms are switching from petrochemical-based PBS to bio-based PBS.
Furthermore, Environmentally-friendly packaging is not just about recycling. Packaging's sustainability can also be improved via the manufacturing method and the raw materials used. Bio-based polymers allow for the creation of more environmentally friendly packaging with improved performance. It is hard to reuse or recycle; Polybutylene Succinate (PBS) is an excellent contender for improving end-of-life solutions and lowering disposal costs. For instance, Roquette, a global leader in plant-based ingredients, is offering BIOSUCCINIUM bio-succinic acid, which can be used to make Polybutylene Succinate (PBS), a biodegradable polymer. PBS compounds provide several advantages, including heat resistance and well-balanced mechanical characteristics, which are useful in various applications.
Modern BIOSUCCINIUM-based bio-based polymers decompose fully in compost or soil. Compostable plastics provide an alternate disposal option when it's difficult to collect and recycle products at the end of their lives. Due to contamination with soil and agrochemicals, it is often difficult to recycle fossil-based PE mulch films. Thus Biodegradable mulch films are gaining popularity since they perform just as well as traditional mulch films and maybe plowed into the soil to decompose into water and carbon dioxide.
For instance, In April 2021, Mitsubishi Chemical Corporation company have to Develop the Marine-Biodegradable Form of BioPBS. The company is ensuring that its BioPBS range of plant-derived Polybutylene Succinate (PBS) products is successful.
Fluctuation in raw material pricing
Succinic acid and 1,4-butanediols obtained from petroleum feedstock are the main components of polybutylene succinate. Therefore, the price of raw materials for Polybutylene Succinate is mostly affected by changes in the price of crude oil. According to the BP Statistical Review of World Energy, crude oil's price volatility has increased during the past 12 months. Crude oil's price fluctuated from 98.95 to 52.39 dollars per barrel in 2014 to 43.73 dollars per barrel in 2016, 71.31 dollars per barrel in 2018 and 64.21 dollars per barrel in 2019 before dropping to 64.21 dollars per barrel in 2019.
Because of the volatility in crude oil prices, the cost of polybutylene succinate also increased. As a result, over the projection period, producers of polybutylene succinate are expected to face significant challenges related to the volatility in crude oil prices. Since PBS is so expensive, many researchers have used other materials, like natural fibers, to replace some.
Additionally, reinforcement materials contribute to the material's increased strength. Additionally, combining biodegradable polymers decreases the material's overall cost while its desirable properties and rate of degradation are changed. As a result, the alternative approach has recently reduced the product's overall market share. In the upcoming years, increased research on polybutylene succinate's highly cost-effective building material will put PBS's market share under pressure.
PBS is a biodegradable polymer that can replace present synthetic polymers in many applications, which will also help solve environmental concerns. But it hasn't reached the customer since there isn't as much knowledge about how synthetic polymers affect the environment. Consequently, the low demand for biodegradable polymers could lead to a huge market price.
COVID-19 Impact Analysis
Before COVID-19 broke out, the PBS sector was expanding significantly. PBS's strong resilience and fiber compatibility make it suitable for the packaging, biomedical and agricultural industries. Polybutylene Succinate is frequently used in food packaging, including paper cups and disposable dinnerware, due to its high gas barrier properties.
However, the total demand for the commodity has abruptly changed due to the sudden COVID-19 outbreak. In the upcoming years, the damage is anticipated to be repaired. Due to the coronavirus (COVID-19) pandemic's enforced lockdown, numerous packaging plants and food and pharmaceutical plants were compelled to close across the nation for a brief period and only a small number of enterprises were permitted to carry production.
However, the large increase in takeaway orders was significantly influenced by the COVID-19 pandemic. It is significant to notice that disposable plastic dinnerware usage soars throughout the summer. Thus, the rise in demand for ready-to-eat takeout meals during the epidemic has contributed to the expansion of the industry.
Additionally, there has been a huge need for masks throughout the pandemic and businesses are developing new materials to meet the rising demand. A biodegradable and moisture-resistant mask filter manufactured from Polybutylene Succinate (PBS), a biodegradable plastic resin coated with chitosan nanowhiskers, is described in a published study in Advanced Science. The pandemic situation is still unpredictable, so if additional lockdowns or industry shutdowns occur, the market for that industry could decline even lower. Although the global vaccination rate is rising, especially in populous nations like India, this trend is more likely to benefit the market during the projection period.
The global polybutylene succinate (PBS) market is classified based on type, process, manufacturing process, end-user and region.
Low cost, high versatility and post-extrusion manipulation
The extrusion manufacturing process dominates the global market of Polybutylene Succinate (PBS) owing to its increasing demand in different packaging industries. The extrusion segment accounted for about 62.88% market share in 2020 and is expected to grow to 65.18% by 2028 in the global Polybutylene Succinate (PBS) market.
Extrusion molding has a low cost compared to other molding methods. It offers much versatility in creating products with uniform cross-sections and it stays hot after it leaves the extruder, allowing for post-extrusion manipulation, among other benefits. All the mentioned benefits associated with extrusion grade Polybutylene Succinate drive demand for extrusion grade Polybutylene Succinate during the packaging industry in the forecast period.
Rising demand for food and drinks in North America
Packaging companies have a significant chance to gain market share with the rising demand for food and drinks in North America. Most regional food producers attempt to improve consumer engagement by using sustainable and biodegradable packaging.
Furthermore, soft drink consumption is decreasing in U.S., with people opting for healthier alternatives, including water, health drinks and energy drinks. Soda companies such as Coke and Pepsi rely on smaller box sizes and premium packaging to boost margins in developed nations. Furthermore, non-carbonated drinks now account for a considerable portion of their revenue, necessitating reformulation. Therefore, the growing demand for packaged foods and beverages has resulted in bio-plastic packaging, including PBS. For instance, in March 2020, Starbucks trialed a new prototype BioPBS cup. The cup is currently being tested in stores for a limited period and has a revolutionary cup liner made of the bioplastic bio-PBS, making it compostable and recyclable. In addition, Starbucks is currently working with Closed Loop Partners, the Consortium and other businesses to test and validate the recyclability of the various challenge winners, including the BioPBS cup. The company is also continuing its work with key stakeholders in the recycling industry to advocate for increasing the overall recyclability of cups and ensure they are ultimately accepted within municipalities.
Furthermore, Cargill and Helm recently announced their intention to establish a 65,000 metric tonne per year plant at Cargill's maize refining location in Iowa to produce green PBS using renewable feedstock. The technology to convert sugars to PBS is provided by Genomatica. Genomatica would be the second company to hold such a license, with the first held by Novamont in Italy since 2016.
The global polybutylene succinate (PBS) market is huge and is becoming increasingly competitive due to the presence of major players such as BASF SE, Merck KGaA, Lotte Fine Chemical Co., Ltd., Chang Chun Group, GO YEN CHEMICAL INDUSTRIAL CO LTD (GYC Group), PTT MCC Biochem Co., Ltd, Green Science Alliance, Hangzhou Peijin Chemical Co., Ltd., SOLTECT*SOLCHEMICAL and Roquette Freres. The market is fragmented and market players employ market tactics such as mergers, acquisitions, product launches, contributions and collaborations to gain a competitive advantage and recognition.
PTT MCC Biochem Co., Ltd
Overview: PTTMCC was formed as a strategic joint venture between Mitsubishi Chemical Corporation and PTT Global Chemical Public Company Limited. The company has planned to become the global representative of compostable bioplastic material with fast-tracking solutions for vast applications.
The company offers its products to bring advancements in paper coating, flexible packaging, compounding and fiber & non-woven applications. The company offers products under the trade name BioPBS suitable for processing by coating, blown film extrusion and injection molding. The bio-based products are used for hot beverage cups, paper coatings, sealants in flexible packaging, boxes and utensils for freshly cooked food.
The global polybutylene succinate (PBS) market report would provide approximately 69 tables, 72 figures and almost 282 pages.
Product Audience 2023
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