According to a new report from Intel Market Research, the global PBS with Succinic Acid market was valued at USD 52.1 million in 2024 and is projected to reach USD 88 million by 2032, growing at a robust CAGR of 7.8% during the forecast period (2025–2032). This growth is propelled by the increasing demand for high-performance bioplastics, stringent environmental regulations, and the expanding application scope in packaging, agriculture, and consumer goods.

What is PBS with Succinic Acid?

PBS (Polybutylene Succinate) is a biodegradable aliphatic polyester synthesized through the polycondensation of succinic acid and 1,4-butanediol. When integrated with succinic acid—particularly bio-based succinic acid—it enhances the material's sustainability profile. This modified phosphate-buffered solution contains succinate (butanedioic acid) as an additional buffering agent, which significantly enhances the buffering capacity of PBS, especially in the acidic pH range. This provides superior pH stability for a wide array of biological, biochemical, and pharmaceutical applications, making it indispensable in labs and industrial processes where precise pH maintenance is critical.

PBS with Succinic Acid is commercially recognized for its excellent processability, biodegradability, and mechanical properties comparable to conventional plastics like polypropylene and polyethylene. It is increasingly adopted across sectors aiming to reduce carbon footprint and plastic pollution.

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Key Market Drivers

1. Rising Demand for Sustainable and Biodegradable Plastics

The global shift toward sustainability is a primary growth driver. With plastic waste becoming a pressing environmental issue, governments and corporations are aggressively seeking alternatives. PBS, especially when derived from bio-based succinic acid, offers a compelling solution because it is compostable and breaks down into non-toxic components. Regulations such as the European Union's Single-Use Plastics Directive and similar policies in North America and Asia-Pacific are accelerating the adoption of biodegradable polymers. The packaging industry, which accounts for nearly 40% of plastic demand, is leading this transition, creating substantial market opportunities.

2. Expansion in Diverse Application Sectors

Beyond packaging, PBS with Succinic Acid is penetrating new verticals due to its versatile properties. Key growth areas include:

• Agriculture: Used in mulch films, planting pots, and biodegradable twines that decompose after use, reducing plastic waste in farming.

• Textiles: Incorporated into fibers for eco-friendly garments and non-woven fabrics.

• Consumer Goods: From disposable cutlery and containers to toys and electronic casings, PBS is replacing conventional plastics.

• Automotive and Electronics: Interior components and temporary protective films benefit from its durability and compostability.

These expanding applications are transforming PBS from a niche product into a mainstream material, driving volume growth and economies of scale.

Market Challenges

• High production costs: Bio-based succinic acid production is currently more expensive than its fossil-based counterpart, impacting final product pricing and adoption rates, especially in price-sensitive markets.
• Limited consumer awareness: While corporate demand is growing, end-consumer recognition of compostable plastics remains low, slowing retail adoption.
• Infrastructure for composting: Effective biodegradation requires industrial composting facilities, which are not yet widely available in many regions, particularly in developing economies.
• Performance limitations: In某些 high-temperature or high-strength applications, PBS may not yet match the performance of engineering plastics, restricting its use in some industrial segments.

Opportunities Ahead

The market is poised for significant expansion, fueled by technological advancements and strategic initiatives. Key opportunity areas include:

• Advancements in fermentation technology: Innovations in bio-based succinic acid production are reducing costs and improving yield, making PBS more competitive.
• Strategic partnerships and expansion: Leading players are forming alliances with agricultural, packaging, and automotive firms to co-develop tailored solutions.
• Government incentives and policies: Tax benefits, grants, and R&D funding for bio-based products are encouraging investment and production scaling.
• Emerging markets: Regions like Asia-Pacific and Latin America offer immense growth potential due to rising environmental awareness, urbanization, and supportive government policies.

Notably, companies like Roquette (Reverdia) and BASF have announced capacity expansions and new product developments focused on bio-succinic acid, aiming to capture a larger share of the growing bioplastics market.

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Regional Market Insights

• North America: A significant market driven by strict environmental regulations, corporate sustainability goals, and advanced composting infrastructure. The U.S. leads in consumption and innovation.
• Europe: The largest market globally, propelled by the EU's circular economy action plan and bans on single-use plastics. Germany, France, and the Benelux region are key contributors.
• Asia-Pacific: The fastest-growing region, with China and Japan at the forefront. Rapid industrialization, government initiatives promoting bioplastics, and a large manufacturing base fuel expansion.
• Latin America and Middle East & Africa: Emerging regions with growing awareness and nascent but promising markets. Brazil, Argentina, and the GCC countries are showing increased adoption.

Market Segmentation

By Type

• Fossil-based Succinic Acid
• Bio-based Succinic Acid

By Application

• Packaging
• Agriculture
• Textiles
• Consumer Goods
• Electronics and Electrical
• Automotive
• Other

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

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Competitive Landscape

The global PBS with Succinic Acid market is moderately consolidated, with several key players driving innovation and capacity expansion. While Huaheng Biotech and Kingfa Biotech are prominent in production volume, multinational corporations like BASF and Roquette are leading in technological advancement and global distribution.

The report provides in-depth competitive profiling of over 10 key players, including:

• Huaheng Biotech
• Kingfa Biotech
• TaiChuang Biotech
• LCY Biosciences (BioAmber)
• Succinity GmbH
• Roquette (Reverdia)
• Technip Energies
• Nippon Shokubai
• Shandong Landian Biotech
• BASF
• Succinity

Report Deliverables

• Global and regional market forecasts from 2025 to 2032
• Strategic insights into pipeline developments, capacity expansions, and regulatory approvals
• Market share analysis and SWOT assessments for key players
• Pricing trends and raw material sourcing analysis
• Comprehensive segmentation by type, application, and geography

📘 Get Full Report Here: PBS with Succinic Acid Market - View in Detailed Research Report

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About Intel Market Research

Intel Market Research is a leading provider of strategic intelligence, offering actionable insights in biotechnology, pharmaceuticals, and healthcare infrastructure. Our research capabilities include:

• Real-time competitive benchmarking
• Global clinical trial pipeline monitoring
• Country-specific regulatory and pricing analysis
• Over 500+ healthcare reports annually

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