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Polyhydroxyalkanoate Market by Type, Manufacturing Technology, Application - Global Forecast to 2021

Polyhydroxyalkanoate Market: Global Forecast until 2021

  • January 2017
  • 158 pages
  • ID: 4660850
In this report:
ACCORDING TO THE UNITED STATES ENVIRONMENTAL PROTECTION AGENCY, THE U.S. WAS REPORTED TO GENERATE ## MILLION TONS OF MUNICIPAL SOLID WASTE (MSW) IN 2014, WHERE PLASTICS COMPRISED AROUND ##% OF THE TOTAL MSW.
THE MARKET IS EXPECTED TO REACH ##.## METRIC TONS BY 2021, AT A CAGR OF ##.##% BETWEEN 2016 AND 2021.

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"Increasing scope in end-user segments across the world to drive the sector for PHA."

The overall market for Polyhydroxyalkanoate is forecasted to grow from an estimated $73.60M in 2016 to $93.50M by 2021, at a compound annual growth rate of ~4.9 percent. With the growing focus on sustainability and favorable governmental green procurement policies, the industry for biodegradable plastics including PHA is anticipated to grow at an important rate. Nevertheless, the cost of production of PHA based bioplastics is higher than that for conventional plastics, which could restrain the increase of the market.

"The packaging segment to benefit a major part during the estimate period."

The packaging segment is intended to be the quickest-rising in the PHA market during the upcoming five years. PHA is a biodegradable polymer which decomposes naturally due to the actions of environmental microorganisms on it, and can be used in different types of packaging including, rigid, flexible, loose fill, and compost bags.

"European area recorded for the biggest market share in 2015."

The sector for PHA is broken down on the basis of regions into, North America (NA), Europe (EU), Asia-Pac, South America region, and Middle East (ME) and African continent. EU recorded for the biggest share of the total demand generated by the overall PHA market in 2015, due to the fact that focus on sustainability is high in the European area, especially in the European Union area. The Asia Pacific (APAC) area is forecasted to be the quickest developing market for PHA during the outlook period, due to the increase in the economies and the fast growth in the bio medical and packaging markets.

Key players' distribution profiles:

Primary Q&A were managed with a number of industry experts in order to gather info associated to distinct aspects of PHA market. The classification of primaries interviews is like:

• By Organization: Tier 1 - 30.0 percent, Tier 2 - 43.0 percent, and Tier 3 - 27.0 percent

• By Description: D-level - 23.0 percent, C-suite - 21.0 percent, and Others - 56.0 percent

• By Area: North America continent - 30.0 percent, Asia Pacific (APAC) - 41.0 percent, Europe (EU) - 18.0 percent, and rest of the world - 11.0 percent

The several companies supplying PHA and related products are like follows:

• Metabolix Inc.

• Kaneka Corporation

• Meredian Holdings Group, Incorporated

• Shenzhen Ecomann Biotechnology Co., Limited

• BioMatera, Biomer

• Bio-On Srl

• Newlight Technologies, Limited liability company

• PHB Industrial S.A.

• PolyFerm Canada, Incorporated

• TianAn Biological Materials Co. Ltd.

• Tianjin GreenBio Materials Co., Limited

RESEARCH COVERAGE

This study breaks down the market for PHA into category, manufacturing technology, application, and area, and offers the estimations for the global value of the market and the sub-segments across several areas. An in-depth study of the main industry actors has been conducted to provide business insights into their business overviews, products & services, top strategies, new product & technology launches, mergers & acquisitions, alliances, strategic agreements, joint ventures (JV), and recent evolutions combined with the industry for PHA.

Why acquiring this study can help you:

This industry report will facilitate the leaders/new sector entrants in this sector in these ways:

• To analyse and have a better understanding of the PHA based bioplastics market

• To offer them information on main market drivers, market restraints, opportunities, and alternatives

• To benefit additional insights concerning their players and their rank in the sector

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