Get the latest insights on price movement and trend analysis of Polybutylene Succinate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Polybutylene Succinate Price Trend for the First Half of 2023
The price trends for Polybutylene Succinate closely mimic the price variation seen in its feedstocks, succinic acid, and butanediol. Prices of both feedstock materials showcased mixed trends throughout the first two quarters of 2023. In the first quarter, trade activities around Polybutylene Succinate remained low as the Chinese Lunar New Year holidays kept the industries closed for some time, and trade sentiments were low in general. The suppliers didn’t order to escape uncertainties around the market. The second quarter faced similar uncertain situations as no clear picture about inventory stocks or requirements could be gauged. Overall, the Polybutylene Succinate market remained afloat during the said period.
In the European Polybutylene Succinate market, the prices fluctuated throughout the concerned period. As the European market is dependent on Asian, particularly Chinese exports, quarter one saw limited trade activities around Polybutylene Succinate. But as manufacturing restarted in China, European suppliers still placed orders cautiously. However, the inventories rose despite that. Very limited market offtakes were registered, and all these factors kept the Polybutylene Succinate market slow. Overall, low trade sentiments were observed around Polybutylene Succinate prices.
Like the global Polybutylene Succinate market, the American Polybutylene Succinate market too observed fluctuating price trends. But here, Q1 was more active than quarter two. But still, overall trade sentiments were sluggish as all the feedstock costs, fuel and energy prices, and transportation charges were on a declining trail, which pushed the Polybutylene Succinate price trends down. Also, the poor demands from the downstream sectors also could not provide much cost support; hence bearish market trends were observed.
According to Procurement Resource, Polybutylene Succinate is expected to continue the current slow market trends in the upcoming quarter. It will take some serious upturn in downstream demands to improve the overall Polybutylene Succinate market sentiments.
Procurement Resource provides latest prices of Polybutylene Succinate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
PBS is a semi-crystalline thermoplastic polymer belonging to the class of polyesters. It is formed by the polycondensation reaction between succinic acid and 1,4-butanediol. PBS is a biopolymer, i.e., it can be fully decomposed to biomass, carbon dioxide and water and can be easily disposed of as other organic wastes. It is a highly cost-effective polymer and exhibits the same mechanical properties as polyethene; hence, it has wide industrial applications.
|Product Name||Polybutylene Succinate|
|Industrial Uses||Polymers/Plastics, Food Packaging, Hygiene Products, Fishing Lines/Nets, Mulch Films|
|Synonyms||Poly(tetramethylene succinate), PBS|
|Supplier Database||MCPP (Mitsubishi), Showa Denko, Eastman Chemical Company, BioAmber Inc., DowDuPont|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
PBS is produced via the direct esterification of succinic acid and 1,4-butanediol. Firstly, the diol is esterified with the diacid to form PBS oligomers. Then, these oligomers are trans-esterified under vacuum in the presence of catalysts like titanium or germanium derivates to form higher mass polymers.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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