openPR Logo
Press release

Polyhydroxyalkanoate (PHA) Market worth $121 Million by 2025 - Exclusive Report by MarketsandMarkets™

04-06-2021 06:38 PM CET | Industry, Real Estate & Construction

Press release from: MarketsandMarkets™ INC.

Polyhydroxyalkanoate (PHA) Market

Polyhydroxyalkanoate (PHA) Market

According to the new market research report "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", published by MarketsandMarkets™, 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.

PDF Download: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=395

Browse and in-depth TOC on "Polyhydroxyalkanoate (PHA) Market"

159 - Tables
62 - Figures
205 - Pages

View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/pha-market-395.html

PHA, a family of organic compounds, is used to produce biodegradable polymer and plastics. The increasing focus on the reduction of non-degradable plastics is attributed to the implementation of stringent government norms and regulations regarding the use of petro-based plastics. The global demand for PHA from various applications, including packaging & food services, biomedical, and agriculture, is expected to increase significantly during the forecast period

Short chain length is the largest polymer type for polyhydroxyalkanoate (PHA) in 2019

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.

Sugar fermentation is estimated to be the largest production method in polyhydroxyalkanoate (PHA) market between 2020 and 2025.

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.

Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=395

Packaging and food services industry is projected to account for the largest share of the polyhydroxyalkanoate (PHA) market between 2020 and 2025.”

PHA play a key role in the packaging and food services industry. The demand for PHA in this segment is expected to increase because of its increasing use in several applications, including cups, lids, food containers, and other food service products. The rising environmental concerns, along with waste management problems are the key drivers of this segment. The packaging & food services segment is the biggest source of plastic waste in the world and the penetration of bioplastics and biodegradable plastics is favorable for market growth.

Europe is expected to be the largest polyhydroxyalkanoate (PHA) market during the forecast period, in terms of value and volume.

Europe is projected to be the largest market for the polyhydroxyalkanoate (PHA) during the forecast period. Europe is the most promising market for bioplastics and related industries, including PHA. The European market is mostly driven by government regulations and a change in consumer behavior. The Europe market is segmented into Germany, France, Italy, UK and Rest of Europe. The Rest of Europe includes, Spain, Poland, the Czech Republic, Romania, the Benelux countries, and the Scandinavian countries.

The strict governmental law against single use plastic and increasing concerns over human health and safety are the key driving factors responsible for the market growth in the European region. The need for environment-friendly products is driving innovation in the bioplastics industry in this region. The packaging and food services industry demands single use plastics and sustainable packaging. This increases the need for bioplastics, which in turn drives the market for polyhydroxyalkanoate (PHA). Moreover there are a large number of PHA manufacturers in European region which has a huge domestic market in the region, giving this the largest market share.

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).

Get 10% Free Customization on This Report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=395

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com

About MarketsandMarkets™

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, 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, "Knowledge Store" 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:

Copy
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 worth $121 Million by 2025 - Exclusive Report by MarketsandMarkets™ here

News-ID: 2266707 • Views: 260

More Releases from MarketsandMarkets™ INC.

Global Machine Tools Market Size, Analytical Overview, Growth Factors, Demand, T …
Post COVID-19, the Global Machine Tool Market size is projected to reach USD 68.9 billion by 2021 from an estimated USD 65.6 billion in 2020, at a CAGR of 5.0%. The projections were based on the ongoing automotive industry production drop, which is the biggest consumer of machine tools and, additionally, the supply chain disruptions caused by the COVID-19 pandemic in the manufacturing industry. The machine tool market is expected to
Construction Equipment Market to Register Substantial Expansion by 2025
The global Construction Equipment Market size is projected to reach USD 205.0 billion by 2025, from an estimated value of USD 169.3 billion in 2020, at a CAGR of 3.9%. Rapid urbanization leading to increased demand for housing projects is expected to boost the construction equipment market. The increasing number of infrastructure projects and mega construction projects are further anticipated to fuel the demand for construction equipment during the forecast
Liquid Adhesives Market worth $44.6 Billion by 2025 - Exclusive Report by Market …
According to the new market research report "Liquid Adhesives Market by Technology (Water-based, Solvent-based, Reactive& Others), End-Use Industry (Paper, Packaging & Related Products, Building & Construction, Medical, Assembly & Others), Region - Global Forecast to 2025", published by MarketsandMarkets™, the Liquid Adhesives Market size is projected to grow from USD 35.8 billion in 2020 to USD 44.6 billion by 2025, at a CAGR of 4.5%. There has been wide acceptance
Polyaspartic Coatings Market worth $388 Million by 2025 - Exclusive Report by Ma …
According to the new market research report "Polyaspartic Coatings Market by Type (100% Solids Polyaspartic, Hybrid Polyaspartic), Systems (Quartz, Metallic), End-use Industry (Building & Construction, Transportation, Industrial, Power Generation, Landscape), & Region - Global Forecast to 2025", published by MarketsandMarkets™, the Polyaspartic Coatings Market is estimated at USD 329 million in 2020 and is projected to reach USD 388 million by 2025, at a CAGR of 3.4% between 2020 and

All 5 Releases


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