The Polyhydroxyalkanoate (PHA) market crossed US$ 82.7 million in 2022 and is expected to hit US$ 238.5 million by 2030, recording a CAGR of 14.2% during the forecast period.
The packaging industry has been transforming in the past few years because the manufacturing and industrial sectors are adapting to flexible packaging. As a result, the demand for flexible packaging in the worldwide packaging industry is increasing. Moreover, the increased awareness for biodegradable plastics has also further driven the demand for polyhydroxyalkanoates market. Further, other segment such as short chain length type segment is also expected to gain traction during the forecasted year. The report includes an executive summary, regional economic outlook, and summary sections which provide a consistent analysis of the Polyhydroxyalkanoate (PHA) Market 2022 – 2030. in addition, the report within the market overview section outlines PLC analysis and PESTLE analysis to provide a thorough analysis of the market. The overview section details Porter’s 5 forces analysis that helps to reveal a possible situation of the market by revealing a competitive situation with respect to the Polyhydroxyalkanoate (PHA) Market.
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- Companies profiled
- BASF SE
- Bluepha
- Kaneka Corporation
- Newlight Technologies LLC
- Yield10 Bioscience
The Polyhydroxyalkanoate (PHA) market following are the manufacturers cover –
The leading players of the Polyhydroxyalkanoate (PHA) industry, their market share, product portfolio, company profiles are covered during this report. Key market players are analyzed on the basis of production volume, gross margin, market value, and price structure. The competitive market scenario among Polyhydroxyalkanoate (PHA) players will help the industry aspirants in planning their strategies. The statistics presented in this report are an accurate and helpful guide to shaping your business growth.
Polyhydroxyalkanoate (PHA) Market Segment by Type, the product can be divided into:
- Type:
- Short Chain Length
- Medium Chain Length
- Production Method
- Sugar fermentation
- Vegetable oil Fermentation
- Methane Fermentation
- Application
- Packaging and Food Services
- Biomedical
- Agriculture
- Others
- Region
- North America
- Europe
- Asia Pacific (APAC)
- South & Central America
- Middle East & Africa
Recent strategic developments in polyhydroxyalkanoate (PHA) market
The polyhydroxyalkanoate (PHA) market has undergone several significant developments, and a few of these have been mentioned below:
- In January 2022, Bluepha’s first commercial biodegradable material, PHA plant covers 86,000 sqm and is located in the Coastal Industrial Park of Jiangsu Binhai Economic Development Zone, with an annual PHA capacity of 25,000 tons. The entire plant is divided into two phases, whereby the first phase holds 5,000 tons per annum PHA capacity, to be completed by the end of 2022.
- In June 2022, Newlight Technologies launched plastic-free AirCarbon-based coated paper products created from regenerative materials. This product is made by the nature-based carbon capture process which results in a paper product that is moisture-resistant, grease-resistant, and plastic-free.
- In January 2020, BASF SE completed the purchase of Solvay’s polyamide division (PA 6.6). The acquisition aided the company’s market expansion in Asia and North and South America. BASF SE and Solvay acquired eight manufacturing facilities in Germany, France, China, India, South Korea, Brazil, and Mexico. It also assisted BASF SE in establishing R&D centres in Asia and the Americas.
Target audience for the report:
- Raw material providers
- Packaging providers
- Food manufacturers
- Agricultural segment
- Food related associations, organizations, forums, and alliances
- Government bodies, such as regulating authorities and policy makers
- Venture capitalists, private equity firms, and start-up companies
- Biomedical suppliers
- Pharmaceutical distributors and sales firms
- End users of agricultural products
- Research institutes, organizations, and consulting companies
Market Segment by Application, split into:
This analysis report also presents practical and practical case studies to help you get a clearer understanding of the subject. This analysis report has been prepared through industry analysis techniques and presented in a professional manner by including effective information graphics whenever necessary. It helps ensure business stability and rapid development to achieve notable remarks within the Polyhydroxyalkanoate (PHA) market.
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Table of Contents: Polyhydroxyalkanoate (PHA) Market 2022 – 2030
Chapter 1: Overview of Polyhydroxyalkanoate (PHA)
Chapter 2: Regional Market Status and Forecast by Regions
Chapter 3: Regional Market Status and Forecast by Types
Chapter 4: Regional Market Status and Forecast by Downstream Industry
Chapter 5: Market driving correlational analysis
Chapter 6: Market competition status by major makers
Chapter 7: Major manufacturer’s introduction and market data
Chapter 8: Upstream and downstream market analysis
Chapter 9: Cost and gross margin analysis
Chapter 10: Marketing status analysis
Chapter 11: Market report conclusion
Chapter 12: Research methodology and reference
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