Polyhydroxyalkanoate (PHA) Market

Polyhydroxyalkanoate (PHA) Market by Type (Short Chain Length, Medium Chain Length), Production Method (Sugar Fermentation, Vegetable Oil Fermentation, Methane Fermentation), Application, and Region - Global Forecast to 2025

Report Code: CH 1610 Feb, 2021, by marketsandmarkets.com

[205 Pages Report] The polyhydroxyalkanoate (PHA) market size is estimated to be USD 62 million in 2020 and is projected to reach USD 121 million by 2025, at a CAGR of 14.2% between 2020 and 2025.The market is mainly driven by the rising demand for polyhydroxyalkanoate (PHA)  industries such as packaging and food services, biomedical, agriculture and others. Factors such as consumer awareness about the toxicity of the petroleum based and sustainable ecofriendly bioplastics will drive the polyhydroxyalkanoate (PHA) market.  Europe  is the key market for polyhydroxyalkanoate (PHA), globally, followed by North America and Asia, in terms of volume and value.

Polyhydroxyalkanoate (PHA) Market

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Impact of COVID-19 on Polyhydroxyalkanoate (PHA) Market

According to experts, the biggest winner in the bio-plastics is going to be the packaging industry, especially for food, beverage, and medicines. Due to shut down in the restaurant business during the COVID-19 period, the buyers were pushed to the retail channel. The foods available in retail channels are mostly packed in plastics. Therefore, the demand for plastics increased due to the food, beverage, and pharmaceutical industries. There were a lot of partnerships and agreements between the PHA manufacturers and the food packaging industries which shows a positive growth in this market  whereas  On the other hand, due to  a drop in oil price during 2020,  the virgin plastic became cheaper as compared to the biodegradable plastics which was a short term restraint to the market. Considering the above factors, the polyhydroxyalkanoate (PHA)  market is expected to witness a neutral effect  in 2020 and expected a positive growth during the forecast period.

Market Dynamics

Driver: Governments’ focus on green procurement policies

The policies of governments in various regions regarding purchasing sustainable and environment-friendly products (green products) are a major factors driving the market of biodegradable and sustainable PHA-based plastics. For instance, in Mexico in August 2009, all the non-biodegradable plastic bags were officially banned. In France, under the 2005 Law of Agriculture Policy, the country's agriculture ministry promotes biodegradable plastics. UNEP launched a campaign in 2017, which was called Clean Seas, and, till now, the campaign has garnered a commitment from over 50 countries, representing over 60% of the world’s coastline, including a commitment from India to eliminate single-use plastics by 2022. The European Union has also recently updated the list of Food contact materials Regulation (EU) No 10/2011 on January 11, 2019, Commission Regulation (EU) 2019/37, which will boost the use of PHA in the packaging & food services application.

Restraints: Higher price compared to conventional polymers

One of the key restraints to the growth of the market is the relatively higher cost of PHA than of conventional polymers. Generally, the cost of production of biodegradable plastics such as PHA is 20% to 80% higher than conventional plastics. This is primarily due to the high polymerization cost of biodegradable plastics, as most of the processes are still in the developmental stage. Hence, they have not achieved economies of scale. These bio-based technologies and materials are still in the early stage of development and have not been commercialized to the same level as their petrochemical counterparts.

Opportunities: Emergence of new raw materials

Raw materials from non-food items or waste residues are a significant opportunity for biodegradable plastics production globally. This is due to the increasing demand for cereals, such as maize, wheat, barley, and other cereals for food, animal feed, and biofuels globally. Also, using non-food raw materials, such as organic waste, biomass, and dead plants, is expected to result in improved waste management. The Chinese government is concerned regarding the use of food crops as raw material, but PHA utilizes waste residues, which, in turn, is expected to drive the domestic consumption of bio-plastics in China. There is a huge potential for biodegradable plastics manufacturers to produce raw materials from agricultural waste and other waste streams instead of depending on direct food materials.

Challenges: Manufacturing technology still in its initial phase

The current technology is still in the initial stage, and various raw materials are being tested for optimal PHA production. Similarly, tests are being carried out to increase the performance of strains, which attenuate the demand for PHAs. The recovery of PHA from biomass leads to high costs for purification and processing. Once the technology is finalized with a careful selection of raw materials, biological/natural strains, and purification technology, PHA production is expected to witness a huge surge. This is only possible if there is widespread production globally. Currently, the production is sparsely distributed with the US and China, accounting for almost 90% share of the total PHA production globally. Therefore it will take some time to develop to compete in the main market.

Short chain length is the largest polymer type for polyhydroxyalkanoate (PHA)  in 2019

Monomers can form various structures, such as short chain length monomers and medium chain length monomers .Short chain length PHA monomers consist of not more than four to ten carbon atoms. Some of the short chain length PHA monomers include Polyhydroxybutyrate (PHB), Poly-3-hydroxybutyrate (P3HB), and Polyhydroxyvalerate (PHV).  The structure determines the thermal and mechanical properties of the monomers, making them suitable for the use in diversified applications, for instance, environmental-friendly plastics, for packaging and biomedical (implants and controlled release drug carriers). PHA monomers can also be used to produce biofuels. The applications best suited for short chain length PHAs, such as packaging materials and carry bags. It has a large market in Europe due to strict governmental regulations regarding the single use plastics.

Sugar Fermentation is estimated to be the largest production method in polyhydroxyalkanoate (PHA) market between 2020 and 2025.

PHA production is carried out in bioreactors and fermentation chambers, mostly occurs in batch quantities. The bio-reactor process is very complex as the correct amount of feedstock is required with the correct mix of bacterium strain. This whole process needs an isolated and controlled environment; any change in the conditions may lead to a different output. Fermentation  can then be classified as vegetable oil fermentation, sugar fermentation, and methane fermentation based on the substrate. Depending on the raw material, different strains are selected as different bacterium strains can accumulate PHA from different sources. Sugar fermentation is the most common technique used by most of the companies over 20 years, with sugar as a substrate. The sugar can be obtained  from sugarcane, beet, molasses, and bagasse. They  are generally  found in abundance and is easily consumed and converted by bacteria to produce PHA. Currently, major  PHA companies are  producing PHA  via this method due to the higher availability of raw materials and the easier process, as sugar molecules are easily cracked in the fermentation process.

Packaging and food services industry is projected to account for the largest share of the polyhydroxyalkanoate (PHA)  market between 2020 and 2025.

PHA  play a key role in the packaging and food services industry. The demand for PHA in this segment is expected to increase because of its increasing use in several applications, including cups, lids, food containers, and other food service products. The rising environmental concerns, along with waste management issues  are the key drivers of this segment. The packaging & food services segment is the biggest source of plastic waste in the world  and the penetration of bioplastics and biodegradable plastics is favorable for market growth.

Europe  is expected to be the largest polyhydroxyalkanoate (PHA)  market during the forecast period, in terms of value and volume.

Europe is the most promising market for bioplastics and related industries, including acrylic processing aid. The region is characterized by innovative growth and stringent regulations. The European  market is segmented into Germany, France, Italy, UK and Rest of Europe. The Rest of Europe includes, Spain, Poland, the Czech Republic, Romania, the Benelux countries, and the Scandinavian countries.

The government policies supporting the use of biodegradable plastics and increasing awareness among consumers are the key driving factors responsible for the market growth in the European region. The need for environment-friendly products is driving innovation in the bioplastics industry. The packaging and food services industry demands single use plastics and sustainable packaging. This increases the need for bioplastics, which in turn drives the market for polyhydroxyalkanoate (PHA) . Moreover ther are a large number of PHA manufacturers in European region which has a huge domestic market in the region, giving this the largest market share.
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Polyhydroxyalkanoate (PHA) Market   by Region

North America is estimated to be the second largest polyhydroxyalkanoate (PHA)  market during the forecast period.

The North American  polyhydroxyalkanoate (PHA)  market is segmented into  US, Canada and Mexico . Plastic waste generation is a major concern in the region. Many regulations have been introduced at the state or local level related to the single use plastics. Rising environmental concerns, along with waste management issues, are expected to contribute to the growth of the market in this region during the forecast period . This region is a high focus on the production of high-quality plastic bags for various industries and end-use markets. Biodegradable plastics are used in industries such as packaging & bags consumer goods, agriculture , textile  and others (biomedical, automotive, and building & construction) in the North American region. This region is investing in  R&D, innovation, and advocacy of biodegradable plastics. These developments are expected to help in the growth of the North American biodegradable plastics market.

Key Market Players

The key market players profiled in the report include Danimer Scientific (US), Shenzhen Ecomann Biotechnology Co Ltd (China), Kaneka Corporation (Japan), RWDC Industries (Singapore), Newlight Technologies LLC (US), Bio-On (Italy), Tianan Biologic Materials Co Ltd (China), Biomer (Germany), and Bochemie (Czech Republic).

Scope of the report

Report Metric

Details

Years considered for the study 2018-2025
Base Year 2019
Forecast period 2020–2025
Units considered Volume (Tons); Value (USD Million)
Segments Type, Production Method, Application, and Region
Regions Europe, North America, APAC, Middle East & Africa, and South America
Companies Danimer Scientific (US), Shenzhen Ecomann Biotechnology Co Ltd (China), Kaneka Corporation (Japan), RWDC Industries (Singapore), Newlight Technologies LLC (US), Bio-On (Italy), Tianan Biologic Materials Co Ltd (China), Biomer (Germany), and Bochemie (Czech Republic).

This report categorizes the global polyhydroxyalkanoate (PHA) market based on type, production method, application, and region.

On the basis of Type, the polyhydroxyalkanoate (PHA) market has been segmented as follows:

  • Short Chain Length
  • Medium Chain Length

On the basis of Production Method, the polyhydroxyalkanoate (PHA) market has been segmented as follows:

  • Sugar Fermentation
  • Vegetable Oil Fermentation
  • Methane Fermentation

On the basis of Application, the polyhydroxyalkanoate (PHA) market has been segmented as follows:

  • Packaging & Food services
  • Biomedical
  • Agriculture
  • Others

On the basis of region, the polyhydroxyalkanoate (PHA) market has been segmented as follows:

  • Europe
  • North America
  • APAC
  • Middle East & Arica
  • South America

Key questions addressed by the report

  • What are the factors Influencing the growth of polyhydroxyalkanoate (PHA)?

Stringent environmental regulations and consumer awareness

  • What are the different fermentation processes used for manufacturing polyhydroxyalkanoate (PHA) polymers?

Fermentation  is used to process  different types of polymers of PHA. The fermentation process depends upon the type of raw materials utilized to produce PHA. It can then be segmented as vegetable oil fermentation, sugar fermentation, and methane fermentation. Depending on the raw material, different strains are selected as different bacterium strains can accumulate PHA from different sources. Under controlled environment, companies use modified strains to improve the quality and concentration of the raw material to obtain desired results in the PHA production.

  • What is the biggest Restraint for the polyhydroxyalkanoate (PHA)?

High price of the PHA polymers as compared to the conventional polymers and performance issues related to the properties of the material.

  • Which polymers are processed using polyhydroxyalkanoate (PHA)?

Type are segmented as short chain length and long chain length polymers . Short chain length s amongst the most widely used polymer type.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 26)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
           1.2.1 PHA MARKET: INCLUSIONS & EXCLUSIONS
           1.2.2 PHA: MARKET DEFINITION AND INCLUSIONS, BY TYPE
           1.2.3 PHA: MARKET DEFINITION AND INCLUSIONS, BY PRODUCTION METHOD
           1.2.4 PHA: MARKET DEFINITION AND INCLUSIONS, BY APPLICATION
    1.3 MARKET SCOPE
           1.3.1 REGIONS COVERED
           1.3.2 YEARS CONSIDERED FOR THE STUDY
    1.4 CURRENCY
    1.5 UNITS CONSIDERED
    1.6 STAKEHOLDERS
    1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 31)
    2.1 PHA MARKET: STUDY APPROACH
           2.1.1 DEMAND SIDE APPROACH
           2.1.2 SUPPLY SIDE APPROACH
           2.1.3 PARENT MARKET APPROACH
    2.2 FORECAST NUMBER CALCULATION
           2.2.1 DEMAND SIDE
    2.3 RESEARCH DATA
           2.3.1 SECONDARY DATA
           2.3.2 PRIMARY DATA
                    2.3.2.1 Breakdown of primary interviews
                    2.3.2.2 Key industry insights
    2.4 MARKET SIZE ESTIMATION
           2.4.1 BOTTOM-UP APPROACH
           FIGURE 1 PHA MARKET: BOTTOM-UP APPROACH
           2.4.2 TOP-DOWN APPROACH
           FIGURE 2 PHA MARKET: TOP-DOWN APPROACH
    2.5 DATA TRIANGULATION
           FIGURE 3 PHA MARKET: DATA TRIANGULATION
    2.6 FACTOR ANALYSIS
    2.7 ASSUMPTIONS
    2.8 LIMITATIONS & RISKS ASSOCIATED WITH PHA MARKET

3 EXECUTIVE SUMMARY (Page No. - 38)
           FIGURE 4 SHORT CHAIN LENGTH DOMINATED THE PHA MARKET IN 2019
           FIGURE 5 PACKAGING & FOOD SERVICES TO BE LARGEST APPLICATION IN PHA MARKET
           FIGURE 6 EUROPE ACCOUNTED FOR LARGEST SHARE OF PHA MARKET IN 2019

4 PREMIUM INSIGHTS (Page No. - 41)
    4.1 ATTRACTIVE OPPORTUNITIES IN PHA MARKET
           FIGURE 7 PHA MARKET TO REGISTER HIGH GROWTH DURING FORECAST PERIOD
    4.2 EUROPE PHA MARKET, BY APPLICATION AND COUNTRY
           FIGURE 8 GERMANY LED THE EUROPEAN PHA MARKET IN 2019
    4.3 PHA MARKET, BY PRODUCTION METHOD
           FIGURE 9 SUGAR FERMENTATION TO DOMINATE PHA MARKET BETWEEN 2020 AND 2025
    4.4 PHA MARKET, BY REGION
           FIGURE 10 EUROPE PROJECTED TO BE FASTEST-GROWING MARKET BETWEEN 2020 AND 2025
    4.5 PHA MARKET, REGION VS APPLICATION
    4.6 PHA MARKET ATTRACTIVENESS
           FIGURE 11 ITALY PROJECTED TO BE FASTEST-GROWING MARKET BETWEEN 2020 AND 2025

5 MARKET OVERVIEW (Page No. - 44)
    5.1 INTRODUCTION
           5.1.1 EVOLUTION OF PHA
           FIGURE 12 1925 MARKS THE DISCOVERY OF PHA IN FRANCE
    5.2 MARKET DYNAMICS
           FIGURE 13 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN THE PHA MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Governments’ green procurement policies
           TABLE 1 NORTH AMERICA AND EUROPEAN UNION REGULATIONS
                    5.2.1.2 Vast availability of renewable and cost-effective raw materials
                    5.2.1.3 Biodegradability driving the consumption
           FIGURE 14 THE FIGURE BELOW SHOWS THE AVAILABLE NON-BIODEGRADABLE WASTE DISPOSAL METHODS ALONG WITH THEIR SHORTCOMINGS.
                    5.2.1.4 Increasing concerns for human health and safety
           TABLE 2 CONVENTIONAL PLASTICS: HEALTH CONCERNS
           5.2.2 RESTRAINTS
                    5.2.2.1 High price compared to conventional polymers
                    5.2.2.2 Performance issues
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increasing scope in end-use segments
                    5.2.3.2 Emergence of new raw materials
                    5.2.3.3 Potential for cost reduction through economy of scale
                    5.2.3.4 Potential for cost reduction by using cyanobacteria
                    5.2.3.5 Growth opportunities in APAC
           5.2.4 CHALLENGES
                    5.2.4.1 Manufacturing technology still in initial phase
                    5.2.4.2 Under-utilization of PHA manufacturing plants
           TABLE 3 PHA PRODUCTION CAPACITY, BY COMPANY, 2018(TONS/YEAR)
                    5.2.4.3 Expensive and complex production process
    5.3 PORTER’S FIVE FORCES ANALYSIS
           FIGURE 15 PORTER’S FIVE FORCES ANALYSIS: GLOBAL PHA MARKET
           5.3.1 THREAT OF SUBSTITUTES
           5.3.2 THREAT OF NEW ENTRANTS
           5.3.3 BARGAINING POWER OF SUPPLIERS
           5.3.4 BARGAINING POWER OF BUYERS
           5.3.5 INTENSITY OF COMPETITIVE RIVALRY
    5.4 SUPPLY CHAIN ANALYSIS
           FIGURE 16 SUPPLY CHAIN OF PHA
           5.4.1 RAW MATERIAL
           5.4.2 FERMENTATION
           5.4.3 EXTRACTION
           5.4.4 END-USE INDUSTRIES
    5.5 TECHNOLOGY ANALYSIS
           FIGURE 17 DIFFERENT SUBSTRATES USED FOR PHA PRODUCTION
           5.5.1 COMMERCIALIZED TECHNOLOGIES
           TABLE 4 LIST OF VARIOUS COMMERCIALIZED AND YET TO BE COMMERCIALIZED TECHNOLOGIES ALONG WITH TYPE AND METHOD
           5.5.2 PHA PRODUCTION IN BIO-REFINERIES
           5.5.3 YET TO BE COMMERCIALIZED
           TABLE 5 LIST OF PATENTS OF TEPHA INC.
           5.5.4 OTHER POSSIBILITIES
    5.6 SHIFT IN REVENUE STREAMS DUE TO MEGATRENDS IN END-USE INDUSTRIES
           FIGURE 18 PHA MARKET: CHANGING REVENUE MIX
    5.7 CONNECTED MARKETS: ECOSYSTEM
           FIGURE 19 PHA MARKET: ECOSYSTEM
    5.8 CASE STUDIES
    5.9 PHA MARKET: REALISTIC, PESSIMISTIC, OPTIMISTIC, AND NON-COVID-19 SCENARIOS
           FIGURE 20 MARKET SIZE IN TERMS OF REALISTIC, PESSIMISTIC, OPTIMISTIC, AND NON-COVID-19 SCENARIOS
           5.9.1 NON-COVID-19 SCENARIO
           5.9.2 OPTIMISTIC SCENARIO
           5.9.3 PESSIMISTIC SCENARIO
           5.9.4 REALISTIC SCENARIO
    5.10 AVERAGE SELLING PRICE TREND
           TABLE 6 AVERAGE PRICES OF PHA, BY TYPE AND REGION (USD/KG)
    5.11 PATENT ANALYSIS
           5.11.1 APPROACH
           5.11.2 DOCUMENT TYPE
           FIGURE 21 PATENTS REGISTERED FOR PHA MARKET, 2015-2020
           FIGURE 22 PATENT PUBLICATION TRENDS FOR PHA, 2015-2020
           5.11.3 JURISDICTION ANALYSIS
           FIGURE 23 MAXIMUM PATENTS FILED BY COMPANIES IN CHINA
           5.11.4 TOP APPLICANTS
           FIGURE 24 KANEKA CORPORATION REGISTERED MAXIMUM NUMBER OF PATENTS BETWEEN 2015 AND 2020
    5.12 REGULATORY LANDSCAPE
           5.12.1 REGULATIONS RELATED TO PHA MARKET
    5.13 TRADE DATA STATISTICS
           5.13.1 IMPORT OF PHA
           5.13.2 EXPORT OF PHA
    5.14 COVID-19 IMPACT
           5.14.1 INTRODUCTION
           5.14.2 COVID-19 HEALTH ASSESSMENT
           FIGURE 25 COUNTRY-WISE SPREAD OF COVID-19
           5.14.3 COVID-19 ECONOMIC ASSESSMENT
           FIGURE 26 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2020
                    5.14.3.1 COVID-19 impact on economy—scenario assessment
           FIGURE 27 CRITERIA IMPACTING THE GLOBAL ECONOMY
    5.15 MACROECONOMIC OVERVIEW AND KEY TRENDS
           5.15.1 GDP TRENDS AND FORECAST
           TABLE 7 TRENDS AND FORECAST OF GDP, PERCENTAGE CHANGE
           FIGURE 28 SCENARIOS OF COVID-19 IMPACT
                    5.15.1.1 COVID-19 impact on PHA market

6 SOURCES AND PROCESSES OF PHA PRODUCTION (Page No. - 80)
    6.1 GENERAL PRODUCTION PROCESS
           FIGURE 29 PROCESS FLOW OF PHA PRODUCTION
    6.2 SUGAR SUBSTRATE OR CARBOHYDRATES FROM PLANTS
           FIGURE 30 SUGAR SUBSTRATES FOR PHA PRODUCTION
    6.3 TRIACYLGLYCEROLS
    6.4 HYDROCARBONS
           FIGURE 31 HYDROCARBON SUBSTRATES
    6.5 STRAIN SELECTION
           TABLE 8 LIST OF BACTERIUM STRAINS AND OUTPUT
    6.6 BIO-PROCESS AND DOWNSTREAM PROCESS
           6.6.1 FERMENTATION PROCESS
                    6.6.1.1 Discontinuous process
                               6.6.1.1.1 Batch process
                               6.6.1.1.2 Fed-batch process
                               6.6.1.1.3 Fed-batch process with cell recycling process
                               6.6.1.1.4 Repeated fed-batch
                    6.6.1.2 Continuous process
                               6.6.1.2.1 Continuous fed-batch process
                               6.6.1.2.2 One-stage chemostat
                               6.6.1.2.3 Two-stage chemostat
                               6.6.1.2.4 Multi-stage chemostat
           6.6.2 EXTRACTION PROCESS
           FIGURE 32 EXTRACTION PROCESS FLOW

7 PRODUCTION CAPACITY ANALYSIS (Page No. - 86)
           TABLE 9 CURRENT PRODUCTION CAPACITIES (TON)
           TABLE 10 UPCOMING PLAYERS
           TABLE 11 DISCONTINUED OR STALLED PRODUCTION

8 PHA MARKET, BY TYPE (Page No. - 89)
    8.1 INTRODUCTION
           FIGURE 33 SHORT CHAIN LENGTH PHA SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE
           TABLE 12 PHA MARKET SIZE, BY TYPE, 2016–2019 (TON)
           TABLE 13 PHA MARKET SIZE, BY TYPE, 2020–2025 (TON)
           TABLE 14 PHA MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
           TABLE 15 PHA MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           8.2.1 POLYHYDROXYVALERATE (PHV)
                    8.2.1.1 PHV polymers can form single crystals with lamellar
           8.2.2 P (4HB-CO-3HB)
                    8.2.2.1 Ratio of 4HB and 3HB decides properties of co-polymers
           8.2.3 P (3HB-CO-3HV)
                    8.2.3.1 High amount of HV fraction can make polymers more elastic
           8.2.4 OTHERS
           TABLE 16 SHORT CHAIN LENGTH PHA MARKET SIZE, BY REGION, 2016–2019 (TON)
           TABLE 17 SHORT CHAIN LENGTH PHA MARKET SIZE, BY REGION, 2020–2025 (TON)
           TABLE 18 SHORT CHAIN LENGTH PHA MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
           TABLE 19 SHORT CHAIN LENGTH PHA MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
    8.3 MEDIUM CHAIN LENGTH
           8.3.1 P (HYDROXYBUTYRATE-CO-HYDROXYOCTANOATE)
                    8.3.1.1 Nodax is the most common PHA
           8.3.2 P (3HB-CO-3HV-CO-4HB)
                    8.3.2.1 Higher mechanical strength making it suitable for medical applications
           8.3.3 OTHERS
           TABLE 20 MEDIUM CHAIN LENGTH PHA MARKET SIZE, BY REGION, 2016–2019 (TON)
           TABLE 21 MEDIUM CHAIN LENGTH PHA MARKET SIZE, BY REGION, 2020–2025 (TON)
           TABLE 22 MEDIUM CHAIN LENGTH PHA MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
           TABLE 23 MEDIUM CHAIN LENGTH PHA MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)

9 PHA MARKET, BY PRODUCTION METHOD (Page No. - 97)
    9.1 INTRODUCTION
           FIGURE 34 SUGAR FERMENTATION METHOD TO LEAD THE PHA MARKET
           TABLE 24 PHA MARKET SIZE, BY PRODUCTION METHOD, 2016–2019 (TON)
           TABLE 25 PHA MARKET SIZE, BY PRODUCTION METHOD, 2020–2025 (TON)
           TABLE 26 PHA MARKET SIZE, BY PRODUCTION METHOD, 2016-2019 (USD MILLION)
           TABLE 27 PHA MARKET SIZE, BY PRODUCTION METHOD, 2020-2025 (USD MILLION)

10 PHA MARKET, BY APPLICATION (Page No. - 101)
     10.1 INTRODUCTION
           FIGURE 35 PACKAGING & FOOD SERVICES ACCOUNTED FOR THE MAXIMUM SHARE IN THE PHA MARKET IN 2019
           TABLE 28 PHA MARKET SIZE, BY APPLICATION, 2016–2019 (TON)
           TABLE 29 PHA MARKET SIZE, BY APPLICATION, 2020–2025 (TON)
           TABLE 30 PHA MARKET SIZE, BY APPLICATION, 2016–2019 (USD MILLION)
           TABLE 31 PHA MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
     10.2 PACKAGING & FOOD SERVICES
             10.2.1 PACKAGING
                        10.2.1.1 Rigid packaging
                                     10.2.1.1.1 Rigid packaging segment to be highly impacted by PHA
                        10.2.1.2 Flexible packaging
                                     10.2.1.2.1 PHA to replace petroleum-based plastics in flexible packaging
                        10.2.1.3 Others
                                     10.2.1.3.1 Loose-fill
                                     10.2.1.3.2 Compost bags
             10.2.2 FOOD SERVICES
                        10.2.2.1 Cups
                                     10.2.2.1.1 Biodegradable disposable cups made of PHA can help reduce plastic wastes
                        10.2.2.2 Trays
                                     10.2.2.2.1 Sustainable plastic trays can be made from PHA-based plastics
                        10.2.2.3 Others
                                     10.2.2.3.1 Containers
                                     10.2.2.3.2 Jars
           TABLE 32 PHA MARKET SIZE IN PACKAGING & FOOD SERVICES APPLICATION, BY REGION, 2016–2019 (TON)
           TABLE 33 PHA MARKET SIZE IN PACKAGING & FOOD SERVICES APPLICATION, BY REGION, 2020–2025 (TON)
           TABLE 34 PHA MARKET SIZE IN PACKAGING & FOOD SERVICES APPLICATION, BY REGION, 2016-2019 (USD MILLION)
           TABLE 35 PHA MARKET SIZE IN PACKAGING & FOOD SERVICES APPLICATION, BY REGION, 2020-2025 (USD MILLION)
     10.3 BIOMEDICAL
             10.3.1 SUTURES
                        10.3.1.1 Biodegradable sutures with high tensile strength can be manufactured from PHA
             10.3.2 DRUG RELEASE
                        10.3.2.1 Biocompatibility of PHA-based plastics is suitable for drug carrier applications
             10.3.3 OTHERS
           TABLE 36 PHA MARKET SIZE IN BIOMEDICAL APPLICATION, BY REGION, 2016-2019 (TON)
           TABLE 37 PHA MARKET SIZE IN BIOMEDICAL APPLICATION, BY REGION, 2020-2025 (TON)
           TABLE 38 PHA MARKET SIZE IN BIOMEDICAL APPLICATION, BY REGION, 2016-2019 (USD MILLION)
           TABLE 39 PHA MARKET SIZE IN BIOMEDICAL APPLICATION, BY REGION, 2020-2025 (USD MILLION)
     10.4 AGRICULTURE
             10.4.1 MULCH FILMS
                        10.4.1.1 PHA-based mulch films allow farmers to directly plow fields
             10.4.2 PLANT POTS
                        10.4.2.1 Plant pots made of PHA can help plant growth in initial stages
             10.4.3 OTHERS
                        10.4.3.1 Bins
                        10.4.3.2 Chutes
                        10.4.3.3 Hoppers
           TABLE 40 PHA MARKET SIZE IN AGRICULTURAL APPLICATION, BY REGION, 2016-2019 (TON)
           TABLE 41 PHA MARKET SIZE IN AGRICULTURAL APPLICATION, BY REGION, 2020-2025 (TON)
           TABLE 42 PHA MARKET SIZE IN AGRICULTURAL APPLICATION, BY REGION, 2016-2019 (USD MILLION)
           TABLE 43 PHA MARKET SIZE IN AGRICULTURAL APPLICATION, BY REGION, 2020-2025 (USD MILLION)
     10.5 OTHERS
             10.5.1 WASTEWATER TREATMENT
             10.5.2 COSMETICS
             10.5.3 CHEMICAL ADDITIVES
             10.5.4 3D PRINTING
           TABLE 44 PHA MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2016-2019 (TON)
           TABLE 45 PHA MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2020-2025 (TON)
           TABLE 46 PHA MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2016-2019 (USD MILLION)
           TABLE 47 PHA MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2020-2025 (USD MILLION)

11 PHA MARKET, BY REGION (Page No. - 116)
     11.1 INTRODUCTION
           TABLE 48 PHA MARKET SIZE, BY REGION, 2016–2019 (TON)
           TABLE 49 PHA MARKET SIZE, BY REGION, 2020–2025 (TON)
           TABLE 50 PHA MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
           TABLE 51 PHA MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
     11.2 NORTH AMERICA
           FIGURE 36 NORTH AMERICA: PHA MARKET SNAPSHOT
           TABLE 52 MAJOR PHA MANUFACTURERS IN NORTH AMERICA
           TABLE 53 UPCOMING PHA MANUFACTURERS IN NORTH AMERICA
           TABLE 54 NORTH AMERICA: PHA MARKET SIZE, BY COUNTRY, 2016–2019 (TON)
           TABLE 55 NORTH AMERICA: PHA MARKET SIZE, BY COUNTRY, 2020–2025 (TON)
           TABLE 56 NORTH AMERICA: PHA MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
           TABLE 57 NORTH AMERICA: PHA MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
           TABLE 58 NORTH AMERICA: PHA MARKET SIZE, BY APPLICATION, 2016–2019 (TON)
           TABLE 59 NORTH AMERICA: PHA MARKET SIZE, BY APPLICATION, 2020–2025 (TON)
           TABLE 60 NORTH AMERICA: PHA MARKET SIZE, BY APPLICATION, 2016–2019 (USD MILLION)
           TABLE 61 NORTH AMERICA: PHA MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
           TABLE 62 NORTH AMERICA: PHA MARKET SIZE, BY TYPE, 2016–2019 (TON)
           TABLE 63 NORTH AMERICA: PHA MARKET SIZE, BY TYPE, 2020–2025 (TON)
           TABLE 64 NORTH AMERICA: PHA MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
           TABLE 65 NORTH AMERICA: PHA MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
             11.2.1 US
                        11.2.1.1 Presence of strict regulations regarding plastic production, use, and disposal
           TABLE 66 US: PHA MARKET SIZE, 2016-2019
           TABLE 67 US: PHA MARKET SIZE, 2020-2025
           FIGURE 37 US: THE LARGEST PHA MARKET, GLOBALLY
             11.2.2 CANADA
                        11.2.2.1 Proposed ban on single-use plastics by 2021 to influence the market
           TABLE 68 CANADA: PHA MARKET SIZE, 2016-2019
           TABLE 69 CANADA: PHA MARKET SIZE, 2020-2025
             11.2.3 MEXICO
                        11.2.3.1 Government initiatives and international investments creating growth opportunities
           TABLE 70 MEXICO: PHA MARKET SIZE, 2016-2019
           TABLE 71 MEXICO: PHA MARKET SIZE, 2020-2025
     11.3 EUROPE
           FIGURE 38 EUROPE: PHA MARKET SNAPSHOT
           TABLE 72 MAJOR PHA MANUFACTURERS IN EUROPE
           TABLE 73 UPCOMING PHA MANUFACTURERS IN EUROPE
           TABLE 74 EUROPE: PHA MARKET SIZE, BY COUNTRY, 2016–2019 (TON)
           TABLE 75 EUROPE: PHA MARKET SIZE, BY COUNTRY, 2020–2025 (TON)
           TABLE 76 EUROPE: PHA MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
           TABLE 77 EUROPE: PHA MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
           TABLE 78 EUROPE: PHA MARKET SIZE, BY APPLICATION, 2016–2019 (TON)
           TABLE 79 EUROPE: PHA MARKET SIZE, BY APPLICATION, 2020–2025 (TON)
           TABLE 80 EUROPE: PHA MARKET SIZE, BY APPLICATION, 2016–2019 (USD MILLION)
           TABLE 81 EUROPE: PHA MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
           TABLE 82 EUROPE: PHA MARKET SIZE, BY TYPE, 2016–2019 (TON)
           TABLE 83 EUROPE: PHA MARKET SIZE, BY TYPE, 2020–2025 (TON)
           TABLE 84 EUROPE: PHA MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
           TABLE 85 EUROPE: PHA MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
             11.3.1 GERMANY
                        11.3.1.1 Most advanced infrastructures for solid waste management
           FIGURE 39 GERMANY: SECOND-LARGEST CONSUMER OF PHA, GLOBALLY
           TABLE 86 GERMANY: PHA MARKET SIZE, 2016–2019
           TABLE 87 GERMANY: PHA MARKET SIZE, 2020–2025
             11.3.2 UK
                        11.3.2.1 Government’s aim to achieve a zero-waste economy
           TABLE 88 UK: PHA MARKET SIZE, 2016–2019
           TABLE 89 UK: PHA MARKET SIZE, 2020–2025
             11.3.3 FRANCE
                        11.3.3.1 Government’s initiatives for the development of a bio-based economy
           TABLE 90 FRANCE: PHA MARKET SIZE, 2016–2019
           TABLE 91 FRANCE: PHA MARKET SIZE, 2020–2025
             11.3.4 ITALY
                        11.3.4.1 One of the major consumers of bio-based polymers in Europe
           TABLE 92 ITALY: PHA MARKET SIZE, 2016–2019
           TABLE 93 ITALY: PHA MARKET SIZE, 2020–2025
             11.3.5 REST OF EUROPE
           TABLE 94 REST OF EUROPE: PHA MARKET SIZE, 2016-2019
           TABLE 95 REST OF EUROPE: PHA MARKET SIZE, 2020-2025
     11.4 ASIA PACIFIC (APAC)
           FIGURE 40 APAC: PHA MARKET SNAPSHOT
           TABLE 96 MAJOR PHA MANUFACTURERS IN APAC
           TABLE 97 UPCOMING PHA MANUFACTURERS IN APAC
           TABLE 98 APAC: PHA MARKET SIZE, BY COUNTRY, 2016–2019 (TON)
           TABLE 99 APAC: PHA MARKET SIZE, BY COUNTRY, 2020–2025 (TON)
           TABLE 100 APAC: PHA MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
           TABLE 101 APAC: PHA MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
           TABLE 102 APAC: PHA MARKET SIZE, BY APPLICATION, 2016–2019 (TON)
           TABLE 103 APAC: PHA MARKET SIZE, BY APPLICATION, 2020–2025 (TON)
           TABLE 104 APAC: PHA MARKET SIZE, BY APPLICATION, 2016–2019 (USD MILLION)
           TABLE 105 APAC: PHA MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
           TABLE 106 APAC: PHA MARKET SIZE, BY TYPE, 2016-2019 (TON)
           TABLE 107 APAC: PHA MARKET SIZE, BY TYPE, 2020-2025 (TON)
           TABLE 108 APAC: PHA MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
           TABLE 109 APAC: PHA MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
             11.4.1 CHINA
                        11.4.1.1 Presence of global and local PHA manufacturers
           FIGURE 41 CHINA: FASTEST-GROWING PHA MARKET IN APAC IN TERMS OF BOTH VALUE AND VOLUME
           TABLE 110 CHINA: PHA MARKET SIZE, 2016–2019
           TABLE 111 CHINA: PHA MARKET SIZE, 2020–2025
             11.4.2 JAPAN
                        11.4.2.1 Popularization of biomass-based plastics and biodegradable plastics
           TABLE 112 JAPAN: PHA MARKET SIZE, 2016–2019
           TABLE 113 JAPAN: PHA MARKET SIZE, 2020-2025
             11.4.3 INDIA
                        11.4.3.1 Ban on non-biodegradable plastics boosting market growth
           TABLE 114 INDIA: PHA MARKET SIZE, 2016–2019
           TABLE 115 INDIA: PHA MARKET SIZE, 2020–2025
             11.4.4 MALAYSIA
                        11.4.4.1 Has a fully automated PHA bioplastics plant, producing biodegradable plastic materials from palm oil
           TABLE 116 MALAYSIA: PHA MARKET SIZE, 2016–2019
           TABLE 117 MALAYSIA: PHA MARKET SIZE, 2020–2025
             11.4.5 SOUTH KOREA
                        11.4.5.1 Existing R&D establishments to encourage manufacturers
           TABLE 118 SOUTH KOREA: PHA MARKET SIZE, 2016–2019
           TABLE 119 SOUTH KOREA: PHA MARKET SIZE, 2020–2025
             11.4.6 REST OF APAC
           TABLE 120 REST OF APAC: PHA MARKET SIZE, 2016–2019
           TABLE 121 REST OF APAC: PHA MARKET SIZE, 2020–2025
     11.5 REST OF THE WORLD (ROW)
           TABLE 122 ROW: PHA MARKET SIZE, BY REGION, 2016-2019 (TON)
           TABLE 123 ROW: PHA MARKET SIZE, BY REGION, 2020-2025 (TON)
           TABLE 124 ROW: PHA MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
           TABLE 125 ROW: PHA MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
           TABLE 126 ROW: PHA MARKET SIZE, BY APPLICATION, 2016-2019 (TON)
           TABLE 127 ROW: PHA MARKET SIZE, BY APPLICATION, 2020-2025 (TON)
           TABLE 128 ROW: PHA MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
           TABLE 129 ROW: PHA MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
           TABLE 130 ROW: PHA MARKET SIZE, BY TYPE, 2016-2019 (TON)
           TABLE 131 ROW: PHA MARKET SIZE, BY TYPE, 2020-2025 (TON)
           TABLE 132 ROW: PHA MARKET SIZE, BY TYPE, 2016-2019 (USD MILLION)
           TABLE 133 ROW: PHA MARKET SIZE, BY TYPE, 2020-2025 (USD MILLION)
             11.5.1 SOUTH AMERICA
           TABLE 134 SOUTH AMERICA: PHA MARKET SIZE, 2016-2019
           TABLE 135 SOUTH AMERICA: PHA MARKET SIZE, 2020-2025
             11.5.2 MIDDLE EAST & AFRICA
           TABLE 136 MIDDLE EAST & AFRICA: PHA MARKET SIZE, 2016-2019
           TABLE 137 MIDDLE EAST & AFRICA: PHA MARKET SIZE, 2020-2025

12 COMPETITIVE LANDSCAPE (Page No. - 152)
     12.1 OVERVIEW
     12.2 MARKET EVALUATION FRAMEWORK
           FIGURE 42 PHA: MARKET EVALUATION FRAMEWORK, 2018-2020
           FIGURE 43 EXPANSIONS: MOST PREFERRED GROWTH STRATEGY OF KEY PLAYERS
     12.3 MARKET SHARE OF MAJOR PLAYERS
           FIGURE 44 MARKET SHARE ANALYSIS, KEY PLAYERS, 2019
             12.3.1 DANIMER SCIENTIFIC
             12.3.2 SHENZHEN ECOMANN BIOTECHNOLOGY CO. LTD
             12.3.3 KANEKA CORPORATION
             12.3.4 RWDC INDUSTRIES
     12.4 RANKING OF KEY MARKET PLAYERS, 2019
           FIGURE 45 RANKING OF TOP FIVE PLAYERS IN THE PHA MARKET, 2019
     12.5 COMPETITIVE BENCHMARKING
           TABLE 138 BRAND INFLUENCE ON PHA MARKET
     12.6 COMPANY EVALUATION MATRIX, 2019
             12.6.1 STARS
             12.6.2 EMERGING LEADERS
             12.6.3 PARTICIPANTS
           FIGURE 46 PHA MARKET: COMPANY EVALUATION MATRIX, 2019
     12.7 STRENGTH OF PRODUCT PORTFOLIO
           FIGURE 47 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN PHA MARKET
     12.8 BUSINESS STRATEGY EXCELLENCE
           FIGURE 48 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN PHA MARKET
     12.9 STARTUP AND SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX
             12.9.1 RESPONSIVE COMPANIES
             12.9.2 DYNAMIC COMPANIES
             12.9.3 STARTING BLOCKS
           FIGURE 49 PHA MARKET: START-UP AND SMES MATRIX, 2019
     12.10 STRENGTH OF PRODUCT PORTFOLIO
           FIGURE 50 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN PHA MARKET
     12.11 BUSINESS STRATEGY EXCELLENCE
           FIGURE 51 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN PHA MARKET
     12.12 OTHER KEY MARKET PLAYERS
             12.12.1 CJ CHEILJEDANG CORP.
             12.12.2 YEILD10 BIOSCIENCE
             12.12.3 EARTHBI
             12.12.4 BIOMATERA INC.
     12.13 REVENUE ANALYSIS OF MAJOR PLAYERS, 2015-2019
     12.14 COMPETITIVE SCENARIO
             12.14.1 NEW PRODUCT LAUNCHES
           TABLE 139 NEW PRODUCT LAUNCHES, 2016–2020
             12.14.2 EXPANSIONS
           TABLE 140 EXPANSIONS, 2016–2020
             12.14.3 AGREEMENTS
           TABLE 141 AGREEMENTS, 2016–2020

13 COMPANY PROFILES (Page No. - 167)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, winning imperatives, current strategies, right to win)* 
     13.1 DANIMER SCIENTIFIC
           FIGURE 52 DANIMER SCIENTIFIC: SWOT ANALYSIS
           FIGURE 53 DANIMER SCIENTIFIC: WINNING IMPERATIVES
     13.2 SHENZHEN ECOMANN BIOTECHNOLOGY CO., LTD.
           FIGURE 54 SHENZHEN ECOMANN BIOTECHNOLOGY CO., LTD.: SWOT ANALYSIS
           FIGURE 55 SHENZHEN ECOMANN BIOTECHNOLOGY CO., LTD.: WINNING IMPERATIVES
     13.3 NEWLIGHT TECHNOLOGIES, LLC
           FIGURE 56 NEWLIGHT TECHNOLOGIES, LLC: SWOT ANALYSIS
           FIGURE 57 NEWLIGHT TECHNOLOGIES, LLC.: WINNING IMPERATIVES
     13.4 KANEKA CORPORATION
           FIGURE 58 KANEKA CORPORATION: COMPANY SNAPSHOT
           FIGURE 59 KANEKA CORPORATION: SWOT ANALYSIS
           FIGURE 60 KANEKA CORPORATION: WINNING IMPERATIVES
     13.5 TIANAN BIOLOGIC MATERIALS CO., LTD.
           FIGURE 61 TIANAN BIOLOGIC MATERIALS CO., LTD.: SWOT ANALYSIS
           FIGURE 62 TIANAN BIOLOGICAL MATERIALS: WINNING IMPERATIVES
     13.6 BIO-ON
     13.7 RWDC INDUSTRIES
     13.8 BOCHEMIE
     13.9 BIOMER
     13.10 POLYFERM CANADA, INC.
     13.11 OTHER PLAYERS
             13.11.1 TEPHA INC.
             13.11.2 BLUEPHA CO., LTD.
             13.11.3 FULL CYCLE BIOPLASTICS
             13.11.4 GENECIS BIOINDUSTRIES INC.
             13.11.5 TERRAVERDAE BIOWORKS INC.
             13.11.6 MANGO MATERIALS
             13.11.7 CARDIA BIOPLASTICS
             13.11.8 PHABIO
             13.11.9 KERHEA
             13.11.10 REDPOD (CHINA) CO., LTD.
             13.11.11 TIANJIN GREENBIO MATERIALS CO., LTD
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, winning imperatives, current strategies, right to win might not be captured in case of unlisted companies. 

14 ADJACENT & RELATED MARKETS (Page No. - 191)
     14.1 INTRODUCTION
     14.2 LIMITATION
     14.3 BIOPLASTICS & BIOPOLYMERS MARKET
             14.3.1 MARKET DEFINITION
             14.3.2 MARKET OVERVIEW
     14.4 BIOPLASTICS & BIOPOLYMERS MARKET, BY REGION
           TABLE 142 BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
           TABLE 143 BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
             14.4.1 APAC
                        14.4.1.1 By Country
           TABLE 144 APAC: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
           TABLE 145 APAC: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
                        14.4.1.2 By End-use Industry
           TABLE 146 APAC: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 147 APAC: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
             14.4.2 EUROPE
                        14.4.2.1 By Country
           TABLE 148 EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
           TABLE 149 EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
                        14.4.2.2 By End-use Industry
           TABLE 150 EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 151 EUROPE: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
             14.4.3 NORTH AMERICA
                        14.4.3.1 By Country
           TABLE 152 NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
           TABLE 153 NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
                        14.4.3.2 By End-use Industry
           TABLE 154 NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 155 NORTH AMERICA: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
             14.4.4 REST OF THE WORLD
                        14.4.4.1 By Country
           TABLE 156 ROW: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
           TABLE 157 ROW: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
                        14.4.4.2 By End-use Industry
           TABLE 158 ROW: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
           TABLE 159 ROW: BIOPLASTICS & BIOPOLYMERS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)

15 APPENDIX (Page No. - 199)
     15.1 DISCUSSION GUIDE
     15.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
     15.3 AVAILABLE CUSTOMIZATIONS
     15.4 RELATED REPORTS
     15.5 AUTHOR DETAILS

The study involved four major activities to estimate the market size for polyhydroxyalkanoate (PHA). Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, the market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments.

Secondary Research

Secondary sources used in this study included annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles from recognized authors; and gold standard & silver standard websites such as Factiva, ICIS, Bloomberg, and others. Findings of this study were verified through primary research by conducting extensive interviews with key officials such as CEOs, VPs, directors, and other executives.

Primary Research

The polyhydroxyalkanoate (PHA) market comprises several stakeholders such as raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized by the development in end-use industries such as packaging & food services, biomedical, agriculture and others. The supply side is characterized by advancements in technology and diverse application industries. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The breakdown of profiles of the primary interviewees is illustrated in the figure below:

Polyhydroxyalkanoate (PHA) Market  Size, and Share

To know about the assumptions considered for the study,download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the polyhydroxyalkanoate (PHA) market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

The key players in the industry have been identified through extensive secondary research.

  • The industry’s supply chain and market size, in terms of volume and value, were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

  • To analyze and forecast the size of the polyhydroxyalkanoate (PHA) market, in terms of volume and value
  • To provide detailed information regarding key factors, such as drivers, restraints, and opportunities influencing the growth of the market
  • To define, describe, and segment the polyhydroxyalkanoate (PHA) on the basis of type, production method, and application.
  • To forecast the size of the market segments for regions such as Europe, North America, APAC, South America, and the Middle East & Africa
  • To strategically analyze the segmented markets with respect to individual growth trends, prospects, and contribution to the overall market
  • To identify and analyze opportunities for stakeholders in the market
  • To analyze competitive developments such as expansion, new product launch, merger & acquisition, and agreement in the polyhydroxyalkanoate (PHA) market
  • To strategically profile key players and comprehensively analyze their core competencies

Available Customizations

Along with the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Regional Analysis

  • Further breakdown of a region with respect to a particular country or additional end-use industry

Company Information

  • Detailed analysis and profiles of additional market players (up to five)
COVID-19

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Benchmarking the rapid strategy shifts of the Top 100 companies in the Polyhydroxyalkanoate (PHA) Market

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