Global Polyhydroxyalkanoate Market Size study & Forecast, by Type, Production Method, Application, and Regional Analysis, 2022-2029

Description

List of Tables

Global Polyhydroxyalkanoate (PHA) Market is valued approximately USD 70.25 Million in 2021 and is anticipated to grow with a healthy growth rate of more than 15.3% over the forecast period 2022-2029. Polyhydroxyalkanoates (PHAs) comprise a group of natural biodegradable polyesters that are synthesized by microorganisms. It is considered as potential replacement for petrochemical-based plastics solutions. Polymers derived from petroleum sources are nonbiodegradable and have negative environmental impact. PHA is classified as short chain length (Scl, C3-C5) and medium chain length (Mcl, C6-C14). PHA have application in coating materials and bioplastic components, packaging films and bottling, in drug delivery, and medical devices across Packaging, Agriculture, tissue engineering, and pharma & healthcare among others. The increasing demand for biodegradable materials in the packaging and foodservice industries and availability of cost-effective raw materials for PHA production are key factors driving the market growth.

Over the years the demand for biodegradable packaging solutions is increased due to rising focus towards environmental sustainability. For instance - as per Statista - as of 2020, the global market value of biodegradable plastic packaging was valued at USD 2.8 billion, and as per projection by 2026, this market is projected to grow to USD 9 billion. Also, stringent government regulations towards the use of plastic products and rising research & development activities for PHA applications would create lucrative growth prospectus for the market over the forecast period. However, the high Cost of PHA as compared to conventional polymers stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Polyhydroxyalkanoate (PHA) Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe dominated the market in terms of revenue, owing to the increasing utilization of bioplastics and stringent government regulations against the use of plastics in the region. Whereas Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as availability of raw materials in abundance and growing expansion of packaging industry in the region.

Major market player included in this report are:

BASF SE
Polyferm Canada
Full Cycle Bioplastics
Cj Cheiljedang Corp.
Bio-On
Bluepha Co, Ltd
Terraverdae Bioworks Inc.
Rwdc Industries
Newlight Technologies, Inc.
Tianan Biologic Materials Co, Ltd.

Recent Developments in the Market:

In June 2022, Newlight Technologies announced its new range of plastic-free AirCarbon-based coated paper products created from regenerative materials. This product is made by the nature-based carbon capture process that offers a paper product that is moisture-resistant, grease-resistant, and plastic-free.

Global Polyhydroxyalkanoate (PHA) Market Report Scope:

Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Production Method, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

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

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
- 1.2.1. Polyhydroxyalkanoate (PHA) Market, by Region, 2019-2029 (USD Million)
- 1.2.2. Polyhydroxyalkanoate (PHA) Market, by Type, 2019-2029 (USD Million)
- 1.2.3. Polyhydroxyalkanoate (PHA) Market, by Production Method, 2019-2029 (USD Million)
- 1.2.4. Polyhydroxyalkanoate (PHA) Market, by Application, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Polyhydroxyalkanoate (PHA) Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Polyhydroxyalkanoate (PHA) Market Dynamics

3.1. Polyhydroxyalkanoate (PHA) Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand for biodegradable materials in the packaging and foodservice industries
  - 3.1.1.2. Availability of cost-effective raw materials for PHA production
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of PHA as compared to conventional polymers
- 3.1.3. Market Opportunities
  - 3.1.3.1. Stringent government regulations towards the use of plastic products
  - 3.1.3.2. Rising research & development activities for PHA applications

Chapter 4. Global Polyhydroxyalkanoate (PHA) Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Polyhydroxyalkanoate (PHA) Market, by Type

6.1. Market Snapshot
6.2. Global Polyhydroxyalkanoate (PHA) Market by Type, Performance - Potential Analysis
6.3. Global Polyhydroxyalkanoate (PHA) Market Estimates & Forecasts by Type 2019-2029 (USD Million)
6.4. Polyhydroxyalkanoate (PHA) Market, Sub Segment Analysis
- 6.4.1. Short Chain Length
- 6.4.2. Medium Chain Length

Chapter 7. Global Polyhydroxyalkanoate (PHA) Market, by Production Method

7.1. Market Snapshot
7.2. Global Polyhydroxyalkanoate (PHA) Market by Production Method, Performance - Potential Analysis
7.3. Global Polyhydroxyalkanoate (PHA) Market Estimates & Forecasts by Production Method 2019-2029 (USD Million)
7.4. Polyhydroxyalkanoate (PHA) Market, Sub Segment Analysis
- 7.4.1. Sugar Fermentation
- 7.4.2. Vegetable Oil Fermentation
- 7.4.3. Methane Fermentation

Chapter 8. Global Polyhydroxyalkanoate (PHA) Market, by Application

8.1. Market Snapshot
8.2. Global Polyhydroxyalkanoate (PHA) Market by Application, Performance - Potential Analysis
8.3. Global Polyhydroxyalkanoate (PHA) Market Estimates & Forecasts by Application 2019-2029 (USD Million)
8.4. Polyhydroxyalkanoate (PHA) Market, Sub Segment Analysis
- 8.4.1. Packaging & Food Services
- 8.4.2. Biomedical
- 8.4.3. Agriculture
- 8.4.4. Others

Chapter 9. Global Polyhydroxyalkanoate (PHA) Market, Regional Analysis

9.1. Polyhydroxyalkanoate (PHA) Market, Regional Market Snapshot
9.2. North America Polyhydroxyalkanoate (PHA) Market
- 9.2.1. U.S. Polyhydroxyalkanoate (PHA) Market
  - 9.2.1.1. Type breakdown estimates & forecasts, 2019-2029
  - 9.2.1.2. Production Method breakdown estimates & forecasts, 2019-2029
  - 9.2.1.3. Application breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Polyhydroxyalkanoate (PHA) Market
9.3. Europe Polyhydroxyalkanoate (PHA) Market Snapshot
- 9.3.1. U.K. Polyhydroxyalkanoate (PHA) Market
- 9.3.2. Germany Polyhydroxyalkanoate (PHA) Market
- 9.3.3. France Polyhydroxyalkanoate (PHA) Market
- 9.3.4. Spain Polyhydroxyalkanoate (PHA) Market
- 9.3.5. Italy Polyhydroxyalkanoate (PHA) Market
- 9.3.6. Rest of Europe Polyhydroxyalkanoate (PHA) Market
9.4. Asia-Pacific Polyhydroxyalkanoate (PHA) Market Snapshot
- 9.4.1. China Polyhydroxyalkanoate (PHA) Market
- 9.4.2. India Polyhydroxyalkanoate (PHA) Market
- 9.4.3. Japan Polyhydroxyalkanoate (PHA) Market
- 9.4.4. Australia Polyhydroxyalkanoate (PHA) Market
- 9.4.5. South Korea Polyhydroxyalkanoate (PHA) Market
- 9.4.6. Rest of Asia Pacific Polyhydroxyalkanoate (PHA) Market
9.5. Latin America Polyhydroxyalkanoate (PHA) Market Snapshot
- 9.5.1. Brazil Polyhydroxyalkanoate (PHA) Market
- 9.5.2. Mexico Polyhydroxyalkanoate (PHA) Market
- 9.5.3. Rest of Latin America Polyhydroxyalkanoate (PHA) Market
9.6. Rest of The World Polyhydroxyalkanoate (PHA) Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. BASF SE
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. Polyferm Canada
- 10.2.3. Full Cycle Bioplastics
- 10.2.4. Cj Cheiljedang Corp.
- 10.2.5. Bio-On
- 10.2.6. Bluepha Co, Ltd
- 10.2.7. Terraverdae Bioworks Inc.
- 10.2.8. Rwdc Industries
- 10.2.9. Newlight Technologies, Inc.
- 10.2.10. Tianan Biologic Materials Co, Ltd.

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Polyhydroxyalkanoate (PHA) Market, report scope
TABLE 2. Global Polyhydroxyalkanoate (PHA) Market estimates & forecasts by Region 2019-2029 (USD Million)
TABLE 3. Global Polyhydroxyalkanoate (PHA) Market estimates & forecasts by Type 2019-2029 (USD Million)
TABLE 4. Global Polyhydroxyalkanoate (PHA) Market estimates & forecasts by Production Method 2019-2029 (USD Million)
TABLE 5. Global Polyhydroxyalkanoate (PHA) Market estimates & forecasts by Application 2019-2029 (USD Million)
TABLE 6. Global Polyhydroxyalkanoate (PHA) Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 7. Global Polyhydroxyalkanoate (PHA) Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 8. Global Polyhydroxyalkanoate (PHA) Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 9. Global Polyhydroxyalkanoate (PHA) Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 10. Global Polyhydroxyalkanoate (PHA) Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 11. Global Polyhydroxyalkanoate (PHA) Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 12. Global Polyhydroxyalkanoate (PHA) Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 13. Global Polyhydroxyalkanoate (PHA) Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 14. Global Polyhydroxyalkanoate (PHA) Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 15. Global Polyhydroxyalkanoate (PHA) Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 16. U.S. Polyhydroxyalkanoate (PHA) Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 17. U.S. Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 18. U.S. Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 19. Canada Polyhydroxyalkanoate (PHA) Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 20. Canada Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 21. Canada Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 22. UK Polyhydroxyalkanoate (PHA) Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 23. UK Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 24. UK Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 25. Germany Polyhydroxyalkanoate (PHA) Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 26. Germany Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 27. Germany Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 28. France Polyhydroxyalkanoate (PHA) Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 29. France Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 30. France Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 31. Italy Polyhydroxyalkanoate (PHA) Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 32. Italy Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 33. Italy Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 34. Spain Polyhydroxyalkanoate (PHA) Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 35. Spain Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 36. Spain Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 37. RoE Polyhydroxyalkanoate (PHA) Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 38. RoE Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 39. RoE Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 40. China Polyhydroxyalkanoate (PHA) Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 41. China Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 42. China Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 43. India Polyhydroxyalkanoate (PHA) Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 44. India Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 45. India Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 46. Japan Polyhydroxyalkanoate (PHA) Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 47. Japan Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 48. Japan Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 49. South Korea Polyhydroxyalkanoate (PHA) Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 50. South Korea Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 51. South Korea Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 52. Australia Polyhydroxyalkanoate (PHA) Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 53. Australia Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 54. Australia Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 55. RoAPAC Polyhydroxyalkanoate (PHA) Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 56. RoAPAC Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 57. RoAPAC Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 58. Brazil Polyhydroxyalkanoate (PHA) Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 59. Brazil Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 60. Brazil Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 61. Mexico Polyhydroxyalkanoate (PHA) Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 62. Mexico Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 63. Mexico Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 64. RoLA Polyhydroxyalkanoate (PHA) Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 65. RoLA Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 66. RoLA Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 67. Row Polyhydroxyalkanoate (PHA) Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 68. Row Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 69. Row Polyhydroxyalkanoate (PHA) Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 70. List of secondary sources, used in the study of global Polyhydroxyalkanoate (PHA) Market
TABLE 71. List of primary sources, used in the study of global Polyhydroxyalkanoate (PHA) Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Polyhydroxyalkanoate (PHA) Market, research methodology
FIG 2. Global Polyhydroxyalkanoate (PHA) Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Polyhydroxyalkanoate (PHA) Market, key trends 2021
FIG 5. Global Polyhydroxyalkanoate (PHA) Market, growth prospects 2022-2029
FIG 6. Global Polyhydroxyalkanoate (PHA) Market, porters 5 force model
FIG 7. Global Polyhydroxyalkanoate (PHA) Market, pest analysis
FIG 8. Global Polyhydroxyalkanoate (PHA) Market, value chain analysis
FIG 9. Global Polyhydroxyalkanoate (PHA) Market by segment, 2019 & 2029 (USD Million)
FIG 10. Global Polyhydroxyalkanoate (PHA) Market by segment, 2019 & 2029 (USD Million)
FIG 11. Global Polyhydroxyalkanoate (PHA) Market by segment, 2019 & 2029 (USD Million)
FIG 12. Global Polyhydroxyalkanoate (PHA) Market by segment, 2019 & 2029 (USD Million)
FIG 13. Global Polyhydroxyalkanoate (PHA) Market by segment, 2019 & 2029 (USD Million)
FIG 14. Global Polyhydroxyalkanoate (PHA) Market, regional snapshot 2019 & 2029
FIG 15. North America Polyhydroxyalkanoate (PHA) Market 2019 & 2029 (USD Million)
FIG 16. Europe Polyhydroxyalkanoate (PHA) Market 2019 & 2029 (USD Million)
FIG 17. Asia pacific Polyhydroxyalkanoate (PHA) Market 2019 & 2029 (USD Million)
FIG 18. Latin America Polyhydroxyalkanoate (PHA) Market 2019 & 2029 (USD Million)
FIG 19. Global Polyhydroxyalkanoate (PHA) Market, company Market share analysis (2021)