Market Overview:
The growth in this market can be attributed to the increasing demand for biodegradable plastics from various end-use industries, such as packaging, biomedical, consumer goods and agriculture. This can be attributed to its high purity and superior properties that make it suitable for use in various applications such as packaging and biomedical devices. On basis of application, packaging emerged as one of the key segments of this market in 2017. This can be attributed to rising concerns among consumers about environmental sustainability coupled with stringent regulations governing waste management practices across several countries worldwide. Biomedical applications are also expected witness significant growth duringthe forecast period on accountof increasing adoption ratesof these products by hospitalsand other healthcare institutionsfor wound dressing and other medical purposes .
Product Definition:
PHAs are produced by microorganisms as energy storage molecules.
Reagent Grade:
Reagent grade is a high purity form of the product. It's major application includes in HPPO production process. The growth factor in this market is increasing demand for biodegradable plastics which are used as an alternative to conventional petrochemical-based products such as polyester and polyethylene terephthalate (PET).
Industrial Grade:
Industrial grade is a type of PHA used in the production of injection molding and extrusion compounds. It has high molecular weight which helps to improve process efficiency and also provides good clarity for finished products. Industrial grade PHA offers properties such as low water absorption, high melting point, low gel content, higher viscosity & thermal stability along with being easily processable than other grades.
Application Insights:
PHA is widely used for lining, coating, and barrier applications in various industries such as food & beverage, medical devices, personal care & cosmetics. It is also employed for product labeling purposes or to enhance the aesthetic appeal of a product.
PHA finds applications in several products that are aimed at providing nutritional benefits to consumers including sports drinks and energy bars among others. The agricultural sector has also been one of the major consumers owing to its growing requirement of biodegradable plastics materials that can be used safely around crops without any adverse effects on plant health or quality.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing per capita income in emerging economies such as China, India, Indonesia, Vietnam and Thailand. In addition, rising demand for consumer goods along with expanding end-use industries will drive product demand over the forecast period.
Growth Factors:
- Increasing demand from end-use industries such as packaging, automotive, and medical sectors
- Growing awareness about the benefits of PHAs over traditional plastics
- Rising investment in research and development for PHAs production technologies
- Technological advancements that improve the efficiency and scalability of PHA production processes
- Growing number of collaborations between stakeholders to develop new applications for PHAs
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyhydroxyalkanoate Market Research Report
By Type
Reagent Grade, Industrial Grade
By Application
Packaging, Biomedical, Consumer Goods, Agriculture
By Companies
BioMatera, Bio-on, Danimer Scientific, TianAn Biologic Materials, Tianjin GreenBio Materials, Bluepha, Cardia Bioplastics, CJ CheilJedang, Full Cycle Bioplastics, Kaneka, BioMatera, PHB Industrial
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Polyhydroxyalkanoate Market Report Segments:
The global Polyhydroxyalkanoate market is segmented on the basis of:
Types
Reagent Grade, Industrial Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Packaging, Biomedical, Consumer Goods, Agriculture
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BioMatera
- Bio-on
- Danimer Scientific
- TianAn Biologic Materials
- Tianjin GreenBio Materials
- Bluepha
- Cardia Bioplastics
- CJ CheilJedang
- Full Cycle Bioplastics
- Kaneka
- BioMatera
- PHB Industrial
Highlights of The Polyhydroxyalkanoate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Reagent Grade
- Industrial Grade
- By Application:
- Packaging
- Biomedical
- Consumer Goods
- Agriculture
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polyhydroxyalkanoate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polyhydroxyalkanoate (PHA) is a type of biodegradable polymer made from repeating units of hydroxyalkanoic acids. PHA is often used in products such as car seats, medical implants, and clothing because it can be degraded by bacteria or enzymes to produce carbon dioxide and water.
Some of the key players operating in the polyhydroxyalkanoate market are BioMatera, Bio-on, Danimer Scientific, TianAn Biologic Materials, Tianjin GreenBio Materials, Bluepha, Cardia Bioplastics, CJ CheilJedang, Full Cycle Bioplastics, Kaneka, BioMatera, PHB Industrial.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polyhydroxyalkanoate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Polyhydroxyalkanoate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyhydroxyalkanoate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Polyhydroxyalkanoate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Polyhydroxyalkanoate Market Size & Forecast, 2018-2028
4.5.1 Polyhydroxyalkanoate Market Size and Y-o-Y Growth
4.5.2 Polyhydroxyalkanoate Market Absolute $ Opportunity
Chapter 5 Global Polyhydroxyalkanoate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Polyhydroxyalkanoate Market Size Forecast by Type
5.2.1 Reagent Grade
5.2.2 Industrial Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polyhydroxyalkanoate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Polyhydroxyalkanoate Market Size Forecast by Applications
6.2.1 Packaging
6.2.2 Biomedical
6.2.3 Consumer Goods
6.2.4 Agriculture
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyhydroxyalkanoate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polyhydroxyalkanoate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Polyhydroxyalkanoate Analysis and Forecast
9.1 Introduction
9.2 North America Polyhydroxyalkanoate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Polyhydroxyalkanoate Market Size Forecast by Type
9.6.1 Reagent Grade
9.6.2 Industrial Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Polyhydroxyalkanoate Market Size Forecast by Applications
9.10.1 Packaging
9.10.2 Biomedical
9.10.3 Consumer Goods
9.10.4 Agriculture
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Polyhydroxyalkanoate Analysis and Forecast
10.1 Introduction
10.2 Europe Polyhydroxyalkanoate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Polyhydroxyalkanoate Market Size Forecast by Type
10.6.1 Reagent Grade
10.6.2 Industrial Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Polyhydroxyalkanoate Market Size Forecast by Applications
10.10.1 Packaging
10.10.2 Biomedical
10.10.3 Consumer Goods
10.10.4 Agriculture
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Polyhydroxyalkanoate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polyhydroxyalkanoate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Polyhydroxyalkanoate Market Size Forecast by Type
11.6.1 Reagent Grade
11.6.2 Industrial Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Polyhydroxyalkanoate Market Size Forecast by Applications
11.10.1 Packaging
11.10.2 Biomedical
11.10.3 Consumer Goods
11.10.4 Agriculture
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Polyhydroxyalkanoate Analysis and Forecast
12.1 Introduction
12.2 Latin America Polyhydroxyalkanoate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Polyhydroxyalkanoate Market Size Forecast by Type
12.6.1 Reagent Grade
12.6.2 Industrial Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Polyhydroxyalkanoate Market Size Forecast by Applications
12.10.1 Packaging
12.10.2 Biomedical
12.10.3 Consumer Goods
12.10.4 Agriculture
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Polyhydroxyalkanoate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polyhydroxyalkanoate Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Polyhydroxyalkanoate Market Size Forecast by Type
13.6.1 Reagent Grade
13.6.2 Industrial Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Polyhydroxyalkanoate Market Size Forecast by Applications
13.10.1 Packaging
13.10.2 Biomedical
13.10.3 Consumer Goods
13.10.4 Agriculture
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polyhydroxyalkanoate Market: Competitive Dashboard
14.2 Global Polyhydroxyalkanoate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BioMatera
14.3.2 Bio-on
14.3.3 Danimer Scientific
14.3.4 TianAn Biologic Materials
14.3.5 Tianjin GreenBio Materials
14.3.6 Bluepha
14.3.7 Cardia Bioplastics
14.3.8 CJ CheilJedang
14.3.9 Full Cycle Bioplastics
14.3.10 Kaneka
14.3.11 BioMatera
14.3.12 PHB Industrial
