Polyhydroxyalkanoates(PHAs) are naturally-occurring polymers produced by bacteria. A variety of bacterial species produce PHAs by fermenting biomass under nutrient-limiting conditions.
The accumulation of petrochemical plastic waste in the environment is an increasing problem. In order to find alternative materials, researchers have developed fully biodegradable plastics, such as polyhydroxyalkanoates (PHAs). However, the commercial success of PHAs bioplastics is still hampered by their high production costs, poor material properties and processability when compared to the well-established oil-based materials. Low cost production processes are still in the developmental stage. PHAs market is at its initial stage of technology cycle and not yet achieved economies of scale. Most manufacturers may have high capacity but low production.
China is the dominate producer of PHAs, the production is 12750 MT in 2015, according for about 50.42% of the total amount, followed by America, with the production market share of 19.43%.
According to this study, over the next five years the PHA market will register a 5.9% CAGR in terms of revenue, the global market size will reach US$ 250 million by 2024, from US$ 190 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in PHA business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of PHA market by product type, application, key manufacturers and key regions and countries.
This study considers the PHA value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
PHB
PHBV
PHBHx
PHB4B
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Packaging
Biomedical
Agricultural
Food Services
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
GreenBio Materials
Shenzhen Ecomann Technology
MHG
P&G Chemicals
Metabolix
Tian'an Biopolymer
Kaneka
Biomer
Newlight Technologies
PHB Industrial
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global PHA consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of PHA market by identifying its various subsegments.
Focuses on the key global PHA manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the PHA with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of PHA submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on PHA . Industry analysis & Market Report on PHA is a syndicated market report, published as Global PHA Market Growth 2019-2024. It is complete Research Study and Industry Analysis of PHA market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.