Polyhydroxyalkanoate (PHA) Market | Key players operating in the market include Danimer Scientific, Shenzhen Ecomann Biotechnology, Kaneka Corporation, RWDC Industries, Newlight Technologies
Browse 159 market data Tables and 62 Figures spread through 205 Pages and in-depth TOC on "Polyhydroxyalkanoate (PHA) Market - Global Forecast to 2025"
Monomers can form various structures, such as short chain length monomers and medium chain length monomers .Short chain length PHA monomers consist of not more than four to ten carbon atoms. Some of the short chain length PHA monomers include Polyhydroxybutyrate (PHB), Poly-3-hydroxybutyrate (P3HB), and Polyhydroxyvalerate (PHV). The structure determines the thermal and mechanical properties of the monomers, making them suitable for the use in diversified applications, for instance, environmental-friendly plastics, for packaging and biomedical (implants and controlled release drug carriers). PHA monomers can also be used to produce biofuels. The applications best suited for short chain length PHAs, such as packaging materials and carry bags. It has a large market in Europe due to strict governmental regulations regarding the single use plastics.
Based on the production method, the polyhydroxyalkanoate (PHA) market has been segmented into as vegetable oil fermentation, sugar fermentation, and methane fermentation. The demand for polyhydroxyalkanoate (PHA) in this segment is mainly driven by the abundance of carbohydrate source found in sugarcane, beet, molasses, and bagasse which can be easily consumed and converted by bacteria to produce PHA. The market in sugar fermentation is projected to witness a higher CAGR in the forecasted year because of its abundance in sugar sources.
For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=395
The polyhydroxyalkanoate (PHA) market size is estimated to be USD 62 million in 2020 and is projected to reach USD 121 million by 2025, at a CAGR of 14.2% during the forecast period. Factors such as vast availability of renewable and cost-effective raw materials and stringent governmental regulations will drive the polyhydroxyalkanoate (PHA) market. The major restraint for the market will be the cost of PHA over its counterparts in the emerging market. However, the emergence of new raw materials will act as an opportunity for the market.
The key market players profiled in the report include Danimer Scientific (US), Shenzhen Ecomann Biotechnology Co Ltd (China), Kaneka Corporation (Japan), RWDC Industries (Singapore), Newlight Technologies LLC (US), Bio-On (Italy), Tianan Biologic Materials Co Ltd (China), Biomer (Germany), and Bochemie (Czech Republic).
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=395
The growth of the polyhydroxyalkanoate (PHA) market has been largely influenced by new product launches, agreement, expansion and acquisition that were undertaken between 2016 and 2020. Companies such as Danimer Scientific, Kaneka Corporation and RWDC Industries have adopted new product launches to enhance their market position.
Danimer Scientific is one of the major players in the polyhydroxyalkanoate (PHA) market. In order to expand its business, the company is focusing on enhancing its market reach by opening plants to increase the capacity. For instance, In May 2019, Danimer Scientific announced the completion of a new plant for PHA production in Kentucky, US. The plant will use canola oil as the raw material for PHA production. The plant started operating from September 2019. Similarly, September 2019, RWDC announced the closing of a USD 133 million two-stage Series B funding round. This funding will be used to replace single-use plastic continues to rise to meet growing consumer demand for better materials choices. The funding will meet the growing demand for PHA by expanding the company’s production capacity to a new facility in Athens, Georgia.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
Press Release: https://www.marketsandmarkets.com/PressReleases/pha.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/pha-market.asp
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Polyhydroxyalkanoate (PHA) Market | Key players operating in the market include Danimer Scientific, Shenzhen Ecomann Biotechnology, Kaneka Corporation, RWDC Industries, Newlight Technologies here
News-ID: 2252721 • Views: 353
More Releases from MarketsandMarkets
Weigh-In-Motion System Market Insights| Key Players: Kapsch TrafficCom (Austria) …
According to the new market research report "Weigh-In-Motion System Market by Type (In-Road, Bridge Weigh, Onboard), Vehicle Speed (Low, High), Component (Hardware, Software & Services), End-Use Industry (Highway Toll, Oil & Refinery, Logistics), Sensors, Function, Region - Global Forecast to 2027", Published by MarketsandMarkets™, The weigh-in-motion system market is projected to reach USD 1,730 million by 2027 from USD 858 million in 2020, at a CAGR of 10.5% during the
Drone Package Delivery Market worth $39,013 million by 2030
According to a research report "Drone Package Delivery Market by Solution (Platform, Infrastructure, Software, Service), Type (Fixed-Wing, Multirotor, Hybrid) Range (Short 25 km), Package Size (< 2Kg, 2–5 Kg, > 5Kg), Duration, End Use, Region- Global Forecast to 2030", published by MarketsandMarkets, the drone package delivery market is projected to grow from USD 528 million in 2020 to USD 39,013 million by 2030, at a CAGR of 53.8% from 2020
Ultrasonic Testing Market worth $4.2 billion by 2026
According to a research report "Ultrasonic Testing Market with COVID-19 Impact by Type (Time-of Flight Diffraction, Immersion Testing) , Equipment (Flaw Detectors, Imaging System, and Bond Testers), Service, Vertical, and Geography - Global Forecast to 2026", published by MarketsandMarkets, the global ultrasonic testing market size is estimated to grow from USD 3.0 billion in 2021 to USD 4.2 billion by 2026, growing at a CAGR of 7.1%. Stringent government regulations
Catalyst Handling Services Market | Key players operating in the market include …
According to recent market research "Catalyst Handling Services Market by Service Type (Loading/Unloading, Screening, Transport), End-use Industry (Petroleum Refining, Petrochemical), Region (North America, APAC, Europe, Middle East & Africa, South America) - Global Forecast to 2025", The global catalyst handling services market size is projected to reach USD 620 million by 2025 from USD 510 million in 2020, at a CAGR of 4.0% during the forecast period. Browse 84 market data
More Releases for PHA
Polyhydroxyalkanoate (PHA) Market worth $121 million by 2025
According to recent market research "Polyhydroxyalkanoate (PHA) Market by Type (Short Chain Length, Medium Chain Length), Production Method (Sugar Fermentation, Vegetable Oil Fermentation, Methane Fermentation), Application, and Region - Global Forecast to 2025", The polyhydroxyalkanoate (PHA) market is projected to reach USD 121 million by 2025, at a CAGR of 14.2% from USD 62 million in 2020. Browse 159 market data Tables and 62 Figures spread through 205 Pages and in-depth
Global PHA Degradable Plastic Revenue, Gross Margin and Market Share (2020-2025)
This report also researches and evaluates the impact of Covid-19 outbreak on the PHA Degradable Plastic industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on PHA Degradable Plastic and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.). Global PHA Degradable Plastic Market Overview: The latest report on the global PHA Degradable Plastic market suggests a positive growth rate in the coming years. Analysts
PHA Market Size, Share, Development by 2024
Global Info Research offers a latest published report on PHA Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-pha-market_p108582.html Polyhydroxyalkanoates(PHAs) are naturally-occurring polymers produced by bacteria. A variety
Polyhydroxyalkanoates (PHA) Market | 2018 Global Top Players Analysis & Industry …
This report on Polyhydroxyalkanoates (PHA) Market details about the market size, market growth rate and global forecast for the next five years i.e. 2023. The report is a complete analysis assessing the pricing trends, market consumption and sales forecasts. This study covers the competitive landscape by profiling the major market players. The vital information of the market is collected through authentic sources and reviewed by industry experts. Polyhydroxyalkanoates (PHA) are polymers
Global Polyhydroxyalkanoate (PHA) Market 2018 - BIOMATERA, METABOLIX INC, Kaneka …
Apex Market Reports, recently published a detailed market research study focused on the “Polyhydroxyalkanoate (PHA) Market” across the global, regional and country level. The report provides 360° analysis of “Polyhydroxyalkanoate (PHA) Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Polyhydroxyalkanoate (PHA) on
Global Polyhydroxyalkanoates (PHA) Market 2018- Kaneka, Biomer, GreenBio Materia …
Apex Market Reports, recently published a detailed market research study focused on the "Global Polyhydroxyalkanoates (PHA) Market" across the global, regional and country level. The report provides 360° analysis of "Global Polyhydroxyalkanoates (PHA) Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the Global Polyhydroxyalkanoates (PHA) industry, and estimates the future trend of Global