Top 10 Companies in the Polybutylene Succinate Resin Industry (2026): Market Leaders Powering the Bioplastics Revolution

In Business Insights
February 04, 2026


The Global Polybutylene Succinate (PBS) Resin Market was valued at USD 290.5 Million in 2025 and is projected to reach USD 480.2 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period (2026–2034). This growth is being driven by stringent global regulations against single-use plastics, rising consumer preference for sustainable materials, and the accelerating adoption of bio-based and biodegradable polymer solutions across packaging, agriculture, and medical sectors.

As the global economy pivots toward a circular model and sustainable growth, the spotlight is on the key material producers who are driving innovation, efficiency, and greener alternatives to conventional plastics. In this blog, we profile the Top 10 Companies in the Polybutylene Succinate Resin Industry—a mix of established chemical giants and specialized producers shaping the future of biodegradable polymers.


🔟 1. Mitsubishi Chemical Group

Headquarters: Tokyo, Japan
Key Offering: BioPBS™ FZ91 and FD92 grades, Petroleum-based PBS

Mitsubishi Chemical Group is a global leader in the chemical industry and a pioneer in biodegradable polymers. The company’s BioPBS™ is a standout product in the PBS market, known for its high biodegradability and excellent processability. They serve a wide range of industries, from flexible packaging and food service ware to agriculture and fibers.

Sustainability and Innovation Initiatives:

  • Leading producer of bio-based PBS (BioPBS™) derived from renewable resources

  • Continuous R&D to enhance heat resistance and mechanical properties for new applications

  • Committed to achieving carbon neutrality by 2050 through its KAITEKI vision

Download FREE Sample Report:
Polybutylene Succinate Resin Market – View in Detailed Research Report


9️⃣ 2. SHOWA Denko K.K. (SHOWA)

Headquarters: Tokyo, Japan
Key Offering: Bionolle™ series PBS resins

SHOWA Denko K.K. is another Japanese powerhouse and one of the earliest developers of PBS, marketing it under the Bionolle™ brand. With decades of experience, SHOWA offers a diverse portfolio of PBS grades tailored for film, injection molding, and fiber applications, making it a key supplier to global converters.

Sustainability and Innovation Initiatives:

  • Long-standing expertise and large-scale production of Bionolle™ PBS

  • Focus on developing high-performance grades for demanding applications like durable goods


8️⃣ 3. Kingfa Sci. & Tech. Co., Ltd.

Headquarters: Guangzhou, China
Key Offering: PBS resins, PBSAT copolymers, customized compound blends

Kingfa is a leading Chinese manufacturer of advanced materials, including a significant portfolio of biodegradable plastics. The company has substantial production capacity for PBS and is a major force in the Asia-Pacific market, competing aggressively on cost and technical service.

Sustainability and Innovation Initiatives:

  • Rapid expansion of PBS production capacity to meet booming domestic and international demand

  • Strong focus on R&D for copolymer alloys (like PBSAT) to improve flexibility and toughness


7️⃣ 4. Anqing He Xing Chemical Co., Ltd.

Headquarters: Anqing, Anhui, China
Key Offering: PBS resin (Petroleum-based), Succinic Acid (PBS precursor)

Anqing He Xing Chemical is a significant player in China’s PBS market, leveraging its integrated production chain. The company produces its own succinic acid, a key raw material for PBS, giving it a strategic advantage in cost control and supply stability.

Sustainability and Innovation Initiatives:

  • Vertical integration from raw materials to finished PBS resin

  • Investment in scaling up production to capitalize on China’s plastic ban policies

Download FREE Sample Report:
Polybutylene Succinate Resin Market – View in Detailed Research Report


6️⃣ 5. Sealong Biotechnology

Headquarters: Shandong, China
Key Offering: Bio-based PBS, PLA, and other biodegradable polymers

Sealong Biotechnology specializes in bio-based chemicals and polymers. The company is focused on producing PBS from renewable feedstocks, positioning itself to serve the growing market for certified compostable and bio-based materials, particularly in export-oriented packaging.

Sustainability and Innovation Initiatives:

  • Specialization in bio-based PBS with a lower carbon footprint

  • Strategic focus on meeting international standards for compostability and sustainability


5️⃣ 6. Xinjiang Blue Ridge Tunhe Chemical Industry Joint Stock Co.

Headquarters: Xinjiang, China
Key Offering: PBS resin, 1,4-Butanediol (BDO – a key PBS feedstock)

Xinjiang Blue Ridge Tunhe is a major chemical producer in Western China with a strong presence in the BDO market. The company has strategically expanded into PBS production, utilizing its access to low-cost feedstock and energy, making it a cost-competitive supplier.

Sustainability and Innovation Initiatives:

  • Leverages feedstock integration for cost-effective PBS production

  • Focus on serving the domestic Chinese market driven by stringent environmental policies


4️⃣ 7. Shandong LanDian Biological Technology Co., Ltd.

Headquarters: Shandong, China
Key Offering: Bio-based succinic acid, PBS resin

Shandong LanDian is an emerging player focusing on the bio-economy. The company produces bio-succinic acid through fermentation processes and has extended its value chain into PBS resin manufacturing, targeting the premium bio-based segment of the market.

Sustainability and Innovation Initiatives:

  • Dedicated to producing PBS from non-food biomass feedstocks

  • Investment in fermentation technology to improve the efficiency of bio-succinic acid production


3️⃣ 8. Yifan Pharmaceutical Co., Ltd.

Headquarters: Shandong, China
Key Offering: PBS resin, Pharmaceutical intermediates, Fine chemicals

Yifan Pharmaceutical, while primarily known for pharmaceuticals, has diversified into the biodegradable plastics market. The company applies its expertise in chemical synthesis and high-purity manufacturing to produce quality PBS resin, often targeting specialized applications.

Sustainability and Innovation Initiatives:

  • Leverages pharmaceutical-grade quality control in polymer production

  • Explores high-value applications for PBS beyond packaging


2️⃣ 9. JinHui ZhaoLong High Technology Co., Ltd.

Headquarters: Shanxi, China
Key Offering: PBS resin, PVA, and other specialty chemicals

JinHui ZhaoLong is a chemical manufacturer that has entered the PBS market to capitalize on the growing demand for biodegradable alternatives. The company focuses on cost-effective production and serves the robust domestic market in China.

Sustainability and Innovation Initiatives:

  • Expanding production capacity in response to China’s plastic reduction policies

  • Focus on developing relationships with domestic packaging converters


1️⃣ 10. Chang Chun Group

Headquarters: Taipei, Taiwan
Key Offering: PBS resin, Epoxy resins, Engineering plastics

Chang Chun Group is a major chemical conglomerate in Taiwan with a diversified product portfolio. The company has developed PBS production capabilities as part of its strategic move into sustainable materials, leveraging its existing chemical infrastructure and market reach.

Sustainability and Innovation Initiatives:

  • Strategic diversification into biodegradable polymers to future-proof its business

  • Utilizes established sales channels to introduce PBS to a broad customer base

Get Full Report Here:
Polybutylene Succinate Resin Market – View in Detailed Research Report


🌍 Outlook: The Future of Polybutylene Succinate Resin Is Sustainable and High-Performance

The Polybutylene Succinate resin market is undergoing a transformative shift. While traditional plastics still dominate in volume, the industry is investing significantly in bio-based alternatives, advanced compounding technologies, and expanding application frontiers.

📈 Key Trends Shaping the Market:

  • Rapid capacity expansion for bio-based PBS in Asia, Europe, and North America

  • Regulatory push for biodegradable material mandates in packaging and agriculture

  • Innovation in polymer blends and copolymers to enhance performance properties

  • Brand-owner and manufacturer alliances for developing closed-loop packaging solutions

Get Full Report Here:
Polybutylene Succinate Resin Market – View in Detailed Research Report

The companies listed above are not only supplying a crucial sustainable material—they’re spearheading the transition to a circular plastics economy.