Polybutylene Succinate (PBS) Market Scope, Insight, Research Report 2029
Polybutylene succinate is becoming more widely used in agricultural applications, such as mulch films. Mulch films are commonly used to change soil temperature, control weed development, and reduce moisture loss, and increase crop yield and precociousness. Governments are also investing extensively in agricultural projects and investments because it is one of the most effective ways to improve environmental sustainability. The European government has implemented initiatives such as the Common Agricultural Policy (CAP) and Young Farmers. The government announced the formation of an animal husbandry infrastructure development fund worth Rs. 15,000 crore (US$ 2.13 billion) in May 2020. As a result, the government's many agricultural efforts are boosting the agricultural sector in various locations. And, as the agricultural sector grows, so will the demand for polybutylene succinate to make mulch films, which will act as a growth driver for the polybutylene succinate market during the projection period.
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