All updated as on -
The estimated size of the worldwide PBSA market was $9.9 billion in 2022 and is anticipated to grow by roughly 11.9% between 2023 and 2030 to reach $14.10 billion.
The market research is a crucial resource for information on industry opportunities, challenges, and growth drivers worldwide. The PBSA market study includes a thorough competition landscape analysis in addition to a geographic market analysis. Additionally, it incorporates value chain analysis, PESTEL analysis, SWOT analysis, Porter's five forces analysis, market basket analysis, profit ratio analysis, and market attractiveness analysis. The PBSA industry report also examines the stakeholder and investor arena to aid businesses in making data-driven decisions.
University students might live in a type of housing facility known as "purpose-built student accommodation," or PBSA for short. There are two types of these real estate properties: cluster apartments with individual kitchens but communal living areas, and contemporary residence halls with bedrooms that include dining areas, shared kitchens, and living units. The demand for PBSA is expected to soar in the coming years due to the expansion in student populations around the world.
The market for polybutylene succinate adipate (PBSA) has been continuously growing as a result of its environmentally favorable attributes and numerous industrial applications. As a biodegradable and bio-based polymer that provides an alternative to traditional plastics, PBSA is a desirable option for the development of sustainable products. PBSA has gained popularity as a workable alternative in response to growing worries about plastic pollution and its effects on the environment. Because of its biodegradability, PBSA-based products decompose naturally over time, lessening the impact of plastic waste on ecosystems. Its use in packaging, disposable goods, agricultural films, and other single-use applications is due to this property. The adaptability of PBSA also allows for its use in textiles, where it is incorporated into clothing and fabrics to take advantage of its soft texture and biodegradability. Due to its durability and environmentally friendly qualities, PBSA is also being investigated as a viable material for components and casings in the electronics and automotive industries. Increasing investments in R&D to improve the material's qualities and processing techniques also contribute to the market's growth.
The demand for biodegradable and bio-based polymers like PBSA has increased as a result of rising environmental concerns and efforts to develop more sustainable materials. Because PBSA may naturally degrade and lessen the need for fossil fuels, it has become a popular choice for many sectors seeking to implement eco-friendly solutions. To reduce plastic waste and the negative effects on the environment, several areas and nations have put legislation and policies into place that encourage the use of biodegradable materials. These rules may encourage the use of PBSA in packaging, textiles, and other industries as businesses strive to meet environmental standards.
Compared to conventional plastics made from petrochemicals, biodegradable and biobased polymers can have higher production costs. For industries wishing to migrate to PBSA, this pricing disparity might be a major barrier, especially in price-sensitive markets. It's possible that PBSA production capacity and recycling infrastructure are not as developed as those for conventional plastics. Because companies require assurance of reliable supply and appropriate disposal techniques, this restriction may prevent the broad implementation of PBSA.
As a more environmentally friendly substitute for conventional plastics in packaging applications, PBSA is gaining popularity. Many businesses are looking into biodegradable and compostable materials for packaging solutions in response to rising environmental concerns and regulations aimed at decreasing plastic waste. PBSA is a promising alternative to single-use plastics due to its biodegradability and compostability, especially in sectors like food and beverage where packaging waste is a major issue. Interest in bioplastics like PBSA has increased as a result of the push for a circular economy, which minimizes waste while effectively using resources. The use of bioplastics can help lessen our dependency on fossil fuels and the negative effects that conventional plastics have on the environment. Due of its renewable and biodegradable nature, PBSA fits with this trend. The market for bioplastics like PBSA is anticipated to rise as more businesses and governments place greater emphasis on sustainable practices.
Report Coverage
Global PBSA research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global PBSA report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and PBSA competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key PBSA market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global PBSA market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, PBSA market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Mitsubishi Chemical Corporation - Japan, BASF SE - Germany, NatureWorks LLC - United States, Corbion N.V. - Netherlands, Novamont S.p.A. - Italy, Total Corbion PLA - Netherlands, Plantic Technologies Limited - Australia, Braskem S.A. - Brazil, Danimer Scientific - United States, Biome Bioplastics Ltd. - United Kingdom, Arkema S.A. - France, Teijin Limited - Japan, Showa Denko K.K. - Japan, Sulzer Ltd. - Switzerland, Biomer - Germany, SFK LEBLANC - Canada, API S.p.A. - Italy, FKuR Kunststoff GmbH - Germany, Cardia Bioplastics Limited - Australia, Ecospan LLC - United States, Futerro - Belgium, Blue Ridge Industries, Inc. - United States, FKuR Plastics Corp. - United States, Kaneka Corporation - Japan, Innovia Films Limited - United Kingdom
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global PBSA market based on the below-mentioned segments:
Global PBSA Market, By Accommodation Type
Halls of Residence
Private Student Accommodation
Rented Rooms or Houses
Global PBSA market, By Rent Type
Basic Rent
Total Rent
Global PBSA Market, By Location
City Center
Periphery
Global PBSA market, Regional Analysis
The market research is a crucial resource for information on industry opportunities, challenges, and growth drivers worldwide. The PBSA market study includes a thorough competition landscape analysis in addition to a geographic market analysis. Additionally, it incorporates value chain analysis, PESTEL analysis, SWOT analysis, Porter's five forces analysis, market basket analysis, profit ratio analysis, and market attractiveness analysis. The PBSA industry report also examines the stakeholder and investor arena to aid businesses in making data-driven decisions.
University students might live in a type of housing facility known as "purpose-built student accommodation," or PBSA for short. There are two types of these real estate properties: cluster apartments with individual kitchens but communal living areas, and contemporary residence halls with bedrooms that include dining areas, shared kitchens, and living units. The demand for PBSA is expected to soar in the coming years due to the expansion in student populations around the world.
The market for polybutylene succinate adipate (PBSA) has been continuously growing as a result of its environmentally favorable attributes and numerous industrial applications. As a biodegradable and bio-based polymer that provides an alternative to traditional plastics, PBSA is a desirable option for the development of sustainable products. PBSA has gained popularity as a workable alternative in response to growing worries about plastic pollution and its effects on the environment. Because of its biodegradability, PBSA-based products decompose naturally over time, lessening the impact of plastic waste on ecosystems. Its use in packaging, disposable goods, agricultural films, and other single-use applications is due to this property. The adaptability of PBSA also allows for its use in textiles, where it is incorporated into clothing and fabrics to take advantage of its soft texture and biodegradability. Due to its durability and environmentally friendly qualities, PBSA is also being investigated as a viable material for components and casings in the electronics and automotive industries. Increasing investments in R&D to improve the material's qualities and processing techniques also contribute to the market's growth.
The demand for biodegradable and bio-based polymers like PBSA has increased as a result of rising environmental concerns and efforts to develop more sustainable materials. Because PBSA may naturally degrade and lessen the need for fossil fuels, it has become a popular choice for many sectors seeking to implement eco-friendly solutions. To reduce plastic waste and the negative effects on the environment, several areas and nations have put legislation and policies into place that encourage the use of biodegradable materials. These rules may encourage the use of PBSA in packaging, textiles, and other industries as businesses strive to meet environmental standards.
Compared to conventional plastics made from petrochemicals, biodegradable and biobased polymers can have higher production costs. For industries wishing to migrate to PBSA, this pricing disparity might be a major barrier, especially in price-sensitive markets. It's possible that PBSA production capacity and recycling infrastructure are not as developed as those for conventional plastics. Because companies require assurance of reliable supply and appropriate disposal techniques, this restriction may prevent the broad implementation of PBSA.
As a more environmentally friendly substitute for conventional plastics in packaging applications, PBSA is gaining popularity. Many businesses are looking into biodegradable and compostable materials for packaging solutions in response to rising environmental concerns and regulations aimed at decreasing plastic waste. PBSA is a promising alternative to single-use plastics due to its biodegradability and compostability, especially in sectors like food and beverage where packaging waste is a major issue. Interest in bioplastics like PBSA has increased as a result of the push for a circular economy, which minimizes waste while effectively using resources. The use of bioplastics can help lessen our dependency on fossil fuels and the negative effects that conventional plastics have on the environment. Due of its renewable and biodegradable nature, PBSA fits with this trend. The market for bioplastics like PBSA is anticipated to rise as more businesses and governments place greater emphasis on sustainable practices.
Report Coverage
Global PBSA research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global PBSA report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and PBSA competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key PBSA market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Mitsubishi Chemical Corporation - Japan, BASF SE - Germany, NatureWorks LLC - United States, Corbion N.V. - Netherlands, Novamont S.p.A. - Italy, Total Corbion PLA - Netherlands, Plantic Technologies Limited - Australia, Braskem S.A. - Brazil, Danimer Scientific - United States, Biome Bioplastics Ltd. - United Kingdom, Arkema S.A. - France, Teijin Limited - Japan, Showa Denko K.K. - Japan, Sulzer Ltd. - Switzerland, Biomer - Germany, SFK LEBLANC - Canada, API S.p.A. - Italy, FKuR Kunststoff GmbH - Germany, Cardia Bioplastics Limited - Australia, Ecospan LLC - United States, Futerro - Belgium, Blue Ridge Industries, Inc. - United States, FKuR Plastics Corp. - United States, Kaneka Corporation - Japan, Innovia Films Limited - United Kingdom |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of PBSA Market from 2021 to 2030.
- Market Forecast for PBSA Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, PBSA competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on PBSA
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global PBSA market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, PBSA market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Mitsubishi Chemical Corporation - Japan, BASF SE - Germany, NatureWorks LLC - United States, Corbion N.V. - Netherlands, Novamont S.p.A. - Italy, Total Corbion PLA - Netherlands, Plantic Technologies Limited - Australia, Braskem S.A. - Brazil, Danimer Scientific - United States, Biome Bioplastics Ltd. - United Kingdom, Arkema S.A. - France, Teijin Limited - Japan, Showa Denko K.K. - Japan, Sulzer Ltd. - Switzerland, Biomer - Germany, SFK LEBLANC - Canada, API S.p.A. - Italy, FKuR Kunststoff GmbH - Germany, Cardia Bioplastics Limited - Australia, Ecospan LLC - United States, Futerro - Belgium, Blue Ridge Industries, Inc. - United States, FKuR Plastics Corp. - United States, Kaneka Corporation - Japan, Innovia Films Limited - United Kingdom
Primary Target Market
- Market Players of PBSA
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global PBSA market based on the below-mentioned segments:
Global PBSA Market, By Accommodation Type
Halls of Residence
Private Student Accommodation
Rented Rooms or Houses
Global PBSA market, By Rent Type
Basic Rent
Total Rent
Global PBSA Market, By Location
City Center
Periphery
Global PBSA market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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