MarkNtel Advisors recently published a detailed industry analysis of the Global Polyhydroxyalkanoates Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
GlobalPolyhydroxyalkanoates Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The Polyhydroxyalkanoates Market size was valued at USD 73.12 million in 2024 and is expected to reach USD 174.68 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 15.62% during the forecast period, i.e., 2025-30.
Key Findings in GlobalPolyhydroxyalkanoates Market:
- Historical Analysis: 2020–2023
- Base Year: 2024
- Forecast Period: 2025–2030
Leading Market Players-Danimer Scientific, Bio-on S.p.A., Tianjin GreenBio Materials Co., Ltd., Kaneka Corporation, CJ CheilJedang Corp., PolyFerm Canada, Shenzhen Ecomann Biotechnology Co., Ltd., Full Cycle Bioplastics, RWDC Industries, Tianan Enmat, Newlight Technologies LLC, Yield10 Bioscience, Inc., TerraVerdae Bioworks, Bluepha, Tepha, Inc., and others
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Global Polyhydroxyalkanoates industry?
Rapid Shift Towards Sustainable Practices –The rising environmental hazards are creating the demand for sustainable and biodegradable products globally. It is leading to the high growth of chemicals like polyhydroxyalkanoate (PHA). Recently, the excessive use of plastics has contributed to the drastic prevalence of plastic pollution, which has increased the demand for eco-friendly alternatives such as Polyhydroxyalkanoate. By 2025, plastic waste is estimated to grow by over 455 million tons globally, which is a significant amount that needs to be considered. Out of this, only 10% of the waste is recycled. This is contributing to the market growth.
Additionally, the production capacity of manufacturing units is continuously expanding. For instance, the global annual production capacity of PHA was reported to be about 70,000 tons, which is further projected to increase and reach up to 50,000 metric tons by the end of 2025. This substantial amount shows the rising adoption of PHA globally.
Download now and gain valuable insights to inform your business strategy, drive growth, and stay ahead of the competition – Download Free PDF Sample– https://www.marknteladvisors.com/query/request-sample/polyhydroxyalkanoates-market.html
What segments define the Global Polyhydroxyalkanoates Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
By Type
-
- Short Chain- Market Size & Forecast 2020-2030, Thousand Tons
- Medium Chain- Market Size & Forecast 2020-2030, Thousand Tons
- Long Chain- Market Size & Forecast 2020-2030, Thousand Tons
According to report, Out of these, the Short Chain PHAs are dominating the Global Polyhydroxyalkanoate (PHA) Market with a market share of about 55%.
By Application
-
- Packaging – Market Size & Forecast 2020-2030, Thousand Tons
- Food Services- Market Size & Forecast 2020-2030, Thousand Tons
- Biomedical- Market Size & Forecast 2020-2030, Thousand Tons
- Agriculture- Market Size & Forecast 2020-2030, Thousand Tons
- Others- Market Size & Forecast 2020-2030, Thousand Tons
According to report, Among these, the packaging segment holds the largest market share of more than 35%.
By Technology
-
- Genetically Engineered Plants- Market Size & Forecast 2020-2030, Thousand Tons
- Genetically Engineered Bacteria- Market Size & Forecast 2020-2030, Thousand Tons
Explore the Complete Global Polyhydroxyalkanoates Market Analysis Report – https://www.marknteladvisors.com/research-library/polyhydroxyalkanoates-market.html
Geographical Analysis: Global Polyhydroxyalkanoates Market
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Global Polyhydroxyalkanoates Market Recent Development:
- 2025: Newlight Technologies’California pilot plant converts 100 t/yr of waste into AirCarbon (PHE type) and plans atenfold capacity increase by 2026.
- 2024: CJ CheilJedang Corp.’sPHACT™ S1000P bioplastic, made up of Polyhydroxyalkanoate, got approval from the US FDA for use in food-contact products. This means it is now officially listed in the FDA’s Food Contact Substance Inventory and can be safely used in packaging and containers that are in direct contact with food items.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Polyhydroxyalkanoates Market?
- How is the Polyhydroxyalkanoates Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
For a Customized Analysis Report, Just Drop Your Inquiry Here –https://www.marknteladvisors.com/query/request-customization/polyhydroxyalkanoates-market.html
Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
More Research Studies Report:
https://finance.yahoo.com/news/united-states-us-durian-fruit-053300171.html
https://finance.yahoo.com/news/global-open-banking-market-size-05218.260117.615.62.html
https://finance.yahoo.com/news/global-nutraceutical-products-market-estimated-083900585.html
https://finance.yahoo.com/news/global-hemp-fiber-market-surpass-1215.6270015.6215.622.html
https://finance.yahoo.com/news/global-tire-market-value-reach-115.620100987.615.62.html
https://finance.yahoo.com/news/molybdenum-mo-market-reach-7.615.62-115.6201007.615.6292.html
For Media Inquiries, Please Contact:
Email: sales@marknteladvisors.com
Trending Blogs : www.marknteladvisors.com/blogs
Export-import Data :https://www.marknteladvisors.com/export-import-data
Leave a comment