Press release
Polyhydroxybutyrate Market is to grow significantly in the next seven years
Market Overview:Polyhydroxybutyrates (PHBs) are members from a family of Polyhydroxyalkanoates (PHAs). PHB is a kind of thermoplastic polymer and is completely biodegradable. PHB is used in various end use industries such as pharmaceutical, food, agriculture, automotive, and others due to its good oxygen permeability, non-toxicity, water resistant, and biodegradability. PHB exhibits excellent stiffness and crystallinity, thus long fiber PHB is widely used in car interiors and other automotive parts. PHB find application in the development of implanted medical devices for orthopaedic, dental, hernioplastic, and skin surgeries. PHB based medical devices include biodegradable screws and plates for bone fixation, bioresorbable surgical sutures, wound covering, among others.
The growing demand for PHB market is mainly attributed to the increased environmental concern resulting in consumers’ preference shift toward eco-friendly packaging. A major challenge encountered by manufacturers of PHB is its high cost of production. However, with more investment by market players in the development of new manufacturing processes, the cost may reduce in future.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/4017
Petroleum reserves are depleting day by day which is leading to increasing cost of petrochemicals and consequently petrochemical based polymers are becoming expensive which will further boost up the demand for alternative low-cost bio-polymers.
Competitive Analysis:
The major players operating in the Polyhydroxybutyrate Market include BASF SE (Germany), Biomer (Germany), TianAn Biologic Materials Co., Ltd. (China), PHB Industrial S.A (Brazil), BIO-ON (Italy), Telles, LLC (U.S), TEPHA INC (U.S) and others.
Market Segmentation:
Polyhydroxybutyrates is segmented on the basis of application and end use industry. On the basis of application, the market is categorized into medical devices, packaging, mulch films, and others. On the basis of end use industries, Polyhydroxybutyrates is segmented into pharmaceutical, food, agriculture, automotive and others.
Packaging and mulch film application are expected to hold a larger share as compared to other application. Increase in the production scale of packaging and mulch film manufacturing coupled with rising environmental awareness with regards to the disposal of these products is expected to drive the PHB Market growth.
Growth in demand of PHB based medical products has been observed due to rising share of PHB in pharmaceutical industry. Therefore, PHB market is projected to grow at a significant CAGR over the forecast period. In the past couple of years, significant increase in the development of microcapsules based on biodegradable polymer has been observed, thus increase the importance of PHB in medical application. The above mentioned factor is anticipated to increase the market growth.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/polyhydroxybutyrate-market-4017
The demand for innovative packaging container, especially those possess environmental friendly nature is one of the major factor driving the market growth. Furthermore, increasing demand for convenience food and shift in consumer focus towards eco-friendly products are the major drivers for market growth.
Regional Analysis:
Europe is estimated to be the largest regional market for Polyhydroxybutyrate followed by North America on account of growing food, pharmaceutical, and automotive segment. Increased pharmaceutical use of PHB in countries such as Germany, UK, and Italy is expected to increase PHB demand over the forecast period.
Asia Pacific is anticipated to grow at highest CAGR over the forecast period due to increasing demand from end-use industries such as food, pharmaceutical, automotive, and agriculture. The demand for PHB is predicted to increase in developing countries such as Japan, Thailand, China, and India owing to rising automotive and pharmaceutical industries in these countries.
Key Points from Table of Contents:
11. Company Profiles
11.1 BASF SE
11.1.1 Company Overview
11.1.2 Product/Business Segment Overview
11.1.3 Financial Updates
11.1.4 Key Developments
11.2 Biomer
11.2.1 Company Overview
11.2.2 Product/Business Segment Overview
11.2.3 Financial Updates
11.2.4 Key Developments
11.3 TianAn Biologic Materials Co., Ltd.
11.3.1 Company Overview
11.3.2 Product/Business Segment Overview
11.3.3 Financial Updates
11.3.4 Key Developments
11.4 PHB Industrial S.A
11.4.1 Company Overview
11.4.2 Product/Business Segment Overview
11.4.3 Financial Updates
11.4.4 Key Developments
11.5 BIO-ON
11.5.1 Company Overview
11.5.2 Product/Business Segment Overview
11.5.3 Financial Updates
11.5.4 Key Developments
Make an Enquiry before buying @ https://www.marketresearchfuture.com/enquiry/4017
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
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 Polyhydroxybutyrate Market is to grow significantly in the next seven years here
News-ID: 796300 • Views: …
More Releases from Market Research Future
Ophthalmic Topical Therapeutics Market | Global Market Analysis Report - 2035
Ophthalmic Topical Therapeutics: Advancing Eye Care Through Targeted Treatment
Ophthalmic topical therapeutics have become a cornerstone in modern eye care, offering precise, localized treatment for a wide range of ocular conditions. Unlike systemic medications, which circulate throughout the body and may produce unintended side effects, topical therapies deliver active compounds directly to the eye, ensuring higher efficacy and a faster onset of action. This localized approach not only improves treatment outcomes…
Mental Health Apps Market Share, Size, Growth and Forecast to 2035
Mental Health Apps: Transforming the Way We Care for Our Minds
In recent years, mental health has gained increasing recognition as an essential component of overall well-being. Despite growing awareness, many individuals still face barriers to accessing mental health support, including stigma, cost, and geographic limitations. Mental health apps have emerged as a transformative solution, leveraging technology to provide accessible, personalized, and convenient mental health care for millions worldwide.
The Rise of…
Surgical Gloves Market Size, Share, Growth | CAGR of 4.95%
Surgical Gloves: A Critical Component of Modern Healthcare
Surgical gloves have become an indispensable element in modern healthcare, serving as a first line of defense against contamination, infection, and disease transmission. These gloves are not just protective gear-they are a symbol of safety, hygiene, and precision in medical practice. Their significance spans from routine hospital procedures to complex surgical interventions, highlighting their essential role in patient care and medical safety protocols.
The…
Asia Pacific CRO Market Size, Share & Growth Report by 2035
Asia Pacific CRO Market: Driving Innovation and Transformation in the Clinical Research Landscape
The Asia Pacific Contract Research Organization (CRO) market has been witnessing significant growth over the past decade, emerging as a pivotal hub for clinical research and drug development. With a growing population, increasing prevalence of chronic diseases, and rising investments in healthcare infrastructure, the region has become an attractive destination for pharmaceutical and biotechnology companies seeking cost-effective and…
More Releases for PHB
Polyhydroxybutyrate (PHB) Market: Size, Share, Growth, Analysis, Key Players, Re …
Polyhydroxybutyrate (PHB) Market
The Polyhydroxybutyrate (PHB) market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Polyhydroxybutyrate (PHB) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
View sample report
https://reports.valuates.com/request/sample/QYRE-Auto-12Q8678/Global_Polyhydroxybutyrate_PHB_Market_Insights_Forecast_to_2028
For a more in-depth understanding of…
Polyhydroxy Butyrate (PHB) Prices, Trend & Forecasts | Provided by Procurement R …
Product Name - Polyhydroxy Butyrate (PHB)
Chemical Formula - (C4H6O2)n
Synonyms - PHB, Poly[oxy(1-methyl-3-oxo-1,3-propanediyl)], (R,S)-β-butyrolactone homopolymer.
Region/Countries for which Data is available
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland,…
Polyhydroxy Butyrate (PHB) Price History and Forecast Analysis Provided by Procu …
Product Name - Polyhydroxy Butyrate (PHB)
Chemical Formula - (C4H6O2)n
Synonyms - PHB, Poly[oxy(1-methyl-3-oxo-1,3-propanediyl)], (R,S)-β-butyrolactone homopolymer.
Currency - US$ (Data can also be provided in local currency)
Supplier Database Availability - Yes
Customization Scope - Our services can be customized as per the requirements of the customer
Post-Sale Analyst Support - 360-degree analyst support after service delivery
Region/Countries for which Data is available
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq,…
Global Polyhydroxybutyrate (PHB) Sales Market Size, Trends, Status and Forecast …
In this report, the Global Polyhydroxybutyrate (PHB) Market is valued at USD XX million in 2016 and is expected to reach out to USD XX million by the end of 2022, increasing at a CAGR of XX% between 2016 and 2022.
In this report is divided into many key Regions, with production, consumption, profit (million USD), and market share and rate f growth of Polyhydroxybutyrate (PHB) in these regions, from…
Polyhydroxybutyrate (PHB) Market Trends 2018 | Global Leaders – BASF SE , Biom …
Polyhydroxybutyrate (PHB) is a biopolymer produced from microorganisms. It is a kind of polyhydroxyalkanoate (PHA) and is produced via fermentation process. They are thermoplastic polymer with properties very similar to petroleum based polypropylene (PP). They are biodegradable and are widely used in the manufacturing of packaging material, mulch films, and medical devices. PHB is attracting heavy interest from end use industries such as agriculture, food, and pharmaceutical due to its…
Polyhydroxybutyrate (PHB) Market 2018-2023 | Global Key Player; BASF SE , Biomer …
Polyhydroxybutyrate (PHB) is a biopolymer produced from microorganisms. It is a kind of polyhydroxyalkanoate (PHA) and is produced via fermentation process. They are thermoplastic polymer with properties very similar to petroleum based polypropylene (PP). They are biodegradable and are widely used in the manufacturing of packaging material, mulch films, and medical devices. PHB is attracting heavy interest from end use industries such as agriculture, food, and pharmaceutical due to its…
