Press release
Polyhydroxyalkanoate (PHA) Market expected to grow at a CAGR of 14.7 percent and reach USD 213.02 Mn by 2029.
Polyhydroxyalkanoate (PHA) Market
Polyhydroxyalkanoate (PHA) Market Scope and Research Methodology
The market report on the Polyhydroxyalkanoate (PHA) Market covers different drivers and restraints and provides the user with good recommendations based on a comprehensive analysis of the Polyhydroxyalkanoate (PHA) Market. The Polyhydroxyalkanoate (PHA) Market report offers users with key competition's in-depth analysis based on the major players in the industry with their product analysis, revenue share, marketing strategies, market share financial performance, annual reports, and regional presence. The report also covers the market dynamics, market structure, market share, market revenue, and the market's upcoming opportunities in the future period.
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SWOT and PESTLE analysis tools are used while analyzing the collected data to understand the impact of the external and internal factors on the Polyhydroxyalkanoate (PHA) Market. It also helps to know the strengths and weaknesses of the market region-wise. The data collected from primary and secondary sources such as telephonic interviews with industry experts and market leaders, annual reports, press releases, and free and paid databases which is further scrutinized by our research experts and scientifically displayed in the form of tables, pie charts, and graphical representation.
Polyhydroxyalkanoate (PHA) Market Dynamics
The positive impact of biodegradable plastics in food and beverage packaging is one of the reasons that is expected to drive the Polyhydroxyalkanoate (PHA) Market's growth. The Polyhydroxyalkanoate (PHA) Market growth is propelled by government initiatives in a few countries regarding the environment and creating awareness campaigns about environmental concerns. The demand for the packaging industry in various sectors such as manufacturing units, food processing plants, and increasing industrial productions is witnessing an increase, driving the Polyhydroxyalkanoate (PHA) Market's growth. The expense rate of producing the PHA is higher than the conventional plastics which is expected to limit the growth of the Polyhydroxyalkanoate (PHA) Market.
Polyhydroxyalkanoate (PHA) Market Regional Insights
The European region is expected to grow at a significant growth rate during the forecast period 2022-2029 due to the region's stringent bans on single-use plastics by the different country's governments. The North American region is adopting biodegradable plastics due to the big issue of plastic garbage and is expected to grow in the Polyhydroxyalkanoate (PHA) Market during the forecast period.
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Polyhydroxyalkanoate (PHA) Market Segmentation
By Type
Short Chain Length
Medium Chain Length
By Production Method
Sugar Fermentation
Vegetable Oil Fermentation
Methane Fermentation
By Application
Packaging & Food services
Biomedical
Agriculture
Others
Polyhydroxyalkanoate (PHA) Market Key Players Includes
Bio-on SpA
CJ CheilJedang Corp.
Danimer Scientific
Full Cycle Bioplastics
Genecis Bioindustries Inc.
Kaneka Corporation
PolyFerm Canada
RWDC Industries
Tepha Inc.
TerraVerdae Inc.
Tianjin GreenBio Materials Co., Ltd.
Shenzhen Ecomann Biotechnology Co Ltd
Newlight Technologies LLC
Tianan Biologic Materials Co Ltd
Biomer
Bochemie
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Table of Content for Global Polyhydroxyalkanoate (PHA) Market:
Global Polyhydroxyalkanoate (PHA) Market: Research Methodology
Global Polyhydroxyalkanoate (PHA) Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Polyhydroxyalkanoate (PHA) Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M& A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Polyhydroxyalkanoate (PHA) Market Segmentation
Global Market, by Type (2021-2029)
Global Market, by Production Method (2021-2029)
Global Market, by Application (2021-2029)
Regional Polyhydroxyalkanoate (PHA) Market (2021-2029)
Regional Market, by Type (2021-2029)
Regional Market, by Production Method (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Country (2021-2029)
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Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Type, Production Method, Application
Competitive Landscape - Profiles of selected key players by region in a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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Polyhydroxyalkanoate (PHA) Market Size, Share, Growth, Analysis, Key Players, Re …
Polyhydroxyalkanoate (PHA) Market Size
The global market for Polyhydroxyalkanoate (PHA) was valued at US$ 188 million in the year 2024 and is projected to reach a revised size of US$ 367 million by 2031, growing at a CAGR of 10.1% during the forecast period.
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1. Growing Demand for Biodegradable Plastics
o The shift towards sustainability is driving the demand for biodegradable plastics, with PHA offering a promising alternative to petroleum-based plastics. PHA…
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𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐏𝐨𝐥𝐲𝐡𝐲𝐝𝐫𝐨𝐱𝐲𝐚𝐥𝐤𝐚𝐧𝐨𝐚𝐭𝐞𝐬 (𝐏𝐇𝐀) 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐚𝐭 𝟏𝟒.𝟐% 𝐂𝐀𝐆𝐑 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟓 𝐭𝐨 𝟐𝟎𝟑𝟑. 𝐈𝐭 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 𝐚𝐛𝐨𝐯𝐞 𝐔𝐒𝐃 𝟎.𝟐𝟎 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟎 𝐟𝐫𝐨𝐦 𝐔𝐒𝐃 𝟎.𝟎𝟔 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟑.
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