Authored By: Sarah
21 Jan 2022

Polyhydroxyalkanoate Market Growth Analysis | Bio-on Spa, Bluepha, CJ CheilJedang Corp. are among the key contributors

Competitive Benchmarking and Vendor Forecasts for 2020-2024

Accelerating at a CAGR of 14%, the polyhydroxyalkanoate market is expected to post an incremental growth of $ 18.66 million over the next five years.  The research report provides insights into the top market players and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The market is concentrated. Bio-on Spa, Bluepha, CJ CheilJedang Corp., Danimer Scientific, Full Cycle Bioplastics, Kaneka Corp., Polyferm Canada Inc., RWDC Industries, Tepha Inc., and Yield10 Bioscience Inc. are some of the leading vendors in the market. The growth of the market players depends on several factors such as market conditions, government support, and industry development. Market participants need to identify opportunities within the market by offering unique product and service offerings. This report will equip our clients with a detailed analysis of the market so that they can evolve their own business strategy for recovery and growth in the post-pandemic era.


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Polyhydroxyalkanoate (PHA) Market | Industry Forecast and Growth Opportunities

Polyhydroxyalkanoate Market: Market Highlights

  • The Polyhydroxyalkanoate market is segmented by Type (copolymerized PHA and linear PHA), Application (packaging, biomedical, food service, agriculture, and others), and Geography (APAC, Europe, North America, South America, and MEA).
  • APAC led the market with 47% of the market growth set to originate from this region during the forecast period. China, Japan, and India are the key markets for polyhydroxyalkanoate market in the region. The increasing demand for biodegradable plastics will significantly influence biofuels market growth in this region. 
  • Demand for PHAs in the biomedical industry is one of the primary factors driving the growth of the polyhydroxyalkanoate market. The report provides a detailed study of this and all the other drivers that will boost market growth. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For more insights on this market: Download a Free Sample Report

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  • Market segments
  • Comparison by Product
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  • Scaling equipment - Market size and forecast 2020-2025
  • Others - Market size and forecast 2020-2025
  • Market opportunity by Product

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Bio-on Spa
  • Bluepha
  • CJ CheilJedang Corp.
  • Danimer Scientific
  • Full Cycle Bioplastics
  • Kaneka Corp.
  • Polyferm Canada Inc.
  • RWDC Industries
  • Tepha Inc.
  • Yield10 Bioscience Inc.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of almost 5.70%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 18.66 mn through 2020-2024.
     
  3. What is a key factor driving this market?
    demand for PHAs in the biomedical industry will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    47% growth will originate from APAC
     
  6. Who are the leading market vendors?
    The leading vendors in this market are Bio-on Spa, Bluepha, CJ CheilJedang Corp., Danimer Scientific, Full Cycle Bioplastics, Kaneka Corp., Polyferm Canada Inc., RWDC Industries, Tepha Inc., and Yield10 Bioscience Inc.
     
  7. What are the market segments covered in this report?
    The market is segmented by Type (copolymerized PHA and linear PHA), Application (packaging, biomedical, food service, agriculture, and others), and Geography (APAC, Europe, North America, South America, and MEA)

Polyhydroxyalkanoate Market to Grow by $ 18.66 Million through 2020-2024

 Key Drivers and Market Trends

The Global Polyhydroxyalkanoate market is projected to grow by $ 18.66 million, accelerating at a CAGR of almost 5.70% till 2024 owing to factors such as high demand for PHAs in the biomedical industry. In addition, increasing demand for biodegradable plastics is a key trend that is expected to drive market growth. This research report delineates all the growth drivers that will boost market growth along with a detailed analysis of the market segments, trends and challenges that are likely to impact market growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.


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Polyhydroxyalkanoate (PHA) Market | Industry Forecast and Growth Opportunities

Polyhydroxyalkanoate Market: Segments and Geographical Regions

  • This report segments the market Type (copolymerized PHA and linear PHA), Application (packaging, biomedical, food service, agriculture, and others), and Geography (APAC, Europe, North America, South America, and MEA).  
  • 47% of the market growth will originate from APAC during the forecast period. 
  • This research report will provide insights into the current market share of each segment along with growth projections for the next five years. Request our Free Sample Report

Polyhydroxyalkanoate Market: Vendor Analysis

  • The market is concentrated due to the presence of several players. 
  • The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 
  • Bio-on Spa, Bluepha, CJ CheilJedang Corp., Danimer Scientific, Full Cycle Bioplastics, Kaneka Corp., Polyferm Canada Inc., RWDC Industries, Tepha Inc., and Yield10 Bioscience Inc. are some of the major market participants. 

Market Segmentation by Type

    • Polyhydroxyalkanoate Market Split by Type
      • Copolymerized PHA
      • Linear PHA
    • Polyhydroxyalkanoate Market Split by Application
      • Packaging
      • Biomedical
      • Food service
      • Agriculture
      • Others
    • Polyhydroxyalkanoate Market Split by Geography
      • APAC
      • Europe
      • North America
      • South America
      • MEA

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Bio-on Spa
  • Bluepha
  • CJ CheilJedang Corp.
  • Danimer Scientific
  • Full Cycle Bioplastics
  • Kaneka Corp.
  • Polyferm Canada Inc.
  • RWDC Industries
  • Tepha Inc.
  • Yield10 Bioscience Inc.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations. For more insights on this market: Download a Free Sample Report

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