The Global Polysuccinimide (PSI) Market was valued at USD 103 Million in 2024 and is projected to reach USD 151 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period (2024–2032). This sustainable polymer growth is driven by increasing adoption in water treatment solutions, agricultural applications, and the global shift toward eco-friendly industrial materials.
PSI, a biodegradable polymer derived from succinic anhydride, offers superior heat resistance, chemical stability, and environmental benefits compared to conventional plastics. With tightening environmental regulations worldwide, industry leaders are accelerating R&D investments and production expansions. This report examines the Top 10 Companies in the Polysuccinimide (PSI) Industry—chemical innovators shaping the future of green polymer applications.
🔟 1. Lanxess AG
Headquarters: Cologne, Germany
Key Offering: High-purity PSI resins, Polyaspartic Acid derivatives
This German specialty chemicals giant dominates the premium PSI segment through advanced polymerization technologies. Lanxess supplies high-performance PSI formulations for industrial water treatment systems across Europe and North America.
Technical Advancements:
- Global production capacity of 50,000 metric tons/year
- Patented thermal synthesis process for 99.9% pure PSI
- Strategic partnership with BASF for bio-based succinic acid supply
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Polysuccinimide (PSI) Market – View in Detailed Research Report
9️⃣ 2. Nippon Shokubai Co., Ltd.
Headquarters: Osaka, Japan
Key Offering: PSI for superabsorbent polymers, water treatment chemicals
The Japanese chemical firm leads in Asia-Pacific with its proprietary polymerization catalysts, achieving 20% higher conversion efficiency than industry standards. Their PSI products are essential in Japanese and Korean industrial water systems.
Technical Advancements:
- Annual production of 35,000 tons across three Japanese facilities
- Pioneer in PSI-based superabsorbent polymer technology
8️⃣ 3. Shandong Welldone Environmental New Materials Co.
Headquarters: Shandong, China
Key Offering: Cost-effective PSI for agricultural applications
As China’s largest PSI producer, Shandong Welldone supplies 60% of the domestic market for agricultural polymer coatings. Their patented slow-release fertilizer technology has been adopted across Southeast Asia.
Technical Advancements:
- 200,000-ton annual production capacity
- Vertically integrated from bio-succinic acid to finished PSI
- 15% more affordable than imported alternatives
7️⃣ 4. Italmatch Chemicals S.p.A.
Headquarters: Genoa, Italy
Key Offering: Specialty PSI formulations for oilfield applications
The Italian specialty chemical manufacturer develops high-performance PSI solutions for extreme environments, including offshore oil production and geothermal energy systems.
Technical Advancements:
- High-temperature stable formulations (up to 300°C)
- EU-approved biodegradable oilfield chemicals
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Polysuccinimide (PSI) Market – View in Detailed Research Report
6️⃣ 5. Zhejiang Zanyu Technology Co., Ltd.
Headquarters: Hangzhou, China
Key Offering: Industrial-grade PSI for water treatment
This Chinese chemical manufacturer specializes in large-volume PSI production for municipal water treatment plants across developing markets in Africa and South America.
Technical Advancements:
- 150,000-ton production capacity
- Cost-optimized for developing market applications
5️⃣ 6. Aquapharm Chemicals Pvt. Ltd.
Headquarters: Pune, India
Key Offering: PSI-based water treatment solutions
India’s leading specialty chemical company develops PSI formulations tailored to South Asia’s hard water conditions and high-temperature industrial applications.
Technical Advancements:
- First Indian manufacturer with full backward integration
- 25 patented PSI formulations for tropical conditions
4️⃣ 7. Roquette Frères
Headquarters: Lestrem, France
Key Offering: Bio-based PSI from renewable feedstocks
The French plant-based ingredients leader has expanded into sustainable polymers, producing PSI from 100% renewable succinic acid.
Technical Advancements:
- Carbon-negative production process
- EU Ecolabel certified formulations
3️⃣ 8. Jiangsu Success Biological Technology Co.
Headquarters: Nanjing, China
Key Offering: High-purity PSI for pharmaceutical applications
This Chinese biotech firm specializes in medical-grade PSI for drug delivery systems and biodegradable medical devices.
Technical Advancements:
- GMP-certified production facilities
- 99.99% purity pharmaceutical-grade PSI
2️⃣ 9. ASAHI KASEI Chemicals Corporation
Headquarters: Tokyo, Japan
Key Offering: PSI for electronic component coatings
The Japanese conglomerate applies its polymer expertise to high-performance PSI formulations for electronics manufacturing applications requiring thermal stability.
Technical Advancements:
- Flame-retardant PSI variants
- Ultra-pure formulations for semiconductor applications
1️⃣ 10. Sukgyung AT Co., Ltd.
Headquarters: Seoul, South Korea
Key Offering: Specialty PSI for textile applications
This Korean innovator develops PSI-based flame retardants and water-resistant coatings for technical textiles and protective gear.
Technical Advancements:
- PSI-fiber composite technology
- Military-specification formulations
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Polysuccinimide (PSI) Market – View in Detailed Research Report
🌍 Market Outlook: Sustainable Polymers Gaining Momentum
The PSI market is transforming as industries replace conventional plastics with biodegradable alternatives. With projected 4.5% annual growth through 2032, these materials are becoming mainstream in water treatment, agriculture, and specialty applications.
📈 Key Industry Trends:
- Bio-based production methods reducing carbon footprint
- Increasing regulatory pressure on traditional plastics
- Technological advances improving cost competitiveness
- Expanding applications in electronics and medical fields
Get Full Report Here:
Polysuccinimide (PSI) Market – View in Detailed Research Report
The profiled companies represent the vanguard of sustainable polymer innovation, driving adoption through technological leadership and strategic capacity expansions.
