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Polyhydroxyalkanoate (PHA) Market 2018 Global Industry Trends, Size, Competitive Analysis, Emerging Technologies, Growth Factors, Regional Analysis, With Competitive Landscape Forecast To 2024
Polyhydroxyalkanoate (PHA) Market – Industry Trends and Forecast to 2024
The Global Polyhydroxyalkanoate (PHA) Market accounted for USD 75.2 million in 2016 and is projected to grow at a CAGR of 4.7% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Polyhydroxyalkanoate (PHA) Market By Type {PHA Monomers (Polyhydroxybutyrate, Polyhydroxyvalerate, Others), PHA Co-Polymers (P(4hb-Co-3hb), P(3hb-Co-3hv), Others), PHA Terpolymers (P(3hb-Co-3hv-Co-4hb), Others)} By Manufacturing Technology (Bacterial Fermentation, Biosynthesis, Enzymatic Catalysis)By Application (Packaging, Bio Medical, Food Services, Agriculture) – Industry Trends and Forecast to 2024
Company Share Analysis:
The global polyhydroxyalkanoate (PHA) market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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Major Market Competitors:
Metabolix, Inc.,
Kaneka Corporation,
Meredian Holdings Group, Inc.,
Shenzhen Ecomann Biotechnology Co., Ltd.,
Biomatera,
Biomer,
Bio-On SRL,
Newlight Technologies, LLC,
PHB Industrial S.A.,
Polyferm Canada, Inc.,
Tianan Biologic Materials Co., Ltd,
Tianjin Greenbio Materials Co., Ltd.,
Tepha, Inc.,
Bluepha Co., Ltd.,
Dayglo Color Corp.,
Bioamber, Inc.,
Full Cycle Bioplastics,
Procter & Gamble Co.,
Dupont Tate & Lyle Bio Products Company, LLC,
CJ Cheiljedang Corp.,
Biome Bioplastics Ltd.,
Cardia Bioplastics Ltd.
many more.
Major Market Drivers:
Sustainable green procurement policies
Vast availability of renewable and cost effective raw materials
Biodegradability driving consumption
Risingconcerns about human health and safety
Market restraint:
High Price compared to conventional polymers
Performance issues with polyhydroxyalkanoate
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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