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 2024

Report Code: CH 1610 Sep, 2019, by marketsandmarkets.com

[152 Pages Report] Estimated at USD 57 million in 2019, the global polyhydroxyalkanoate (PHA) market size is projected to reach USD 98 by 2024, growing at a CAGR of 11.2%. Increasing demand for biodegradable plastics fueled by stringent government regulations & policies against single-use plastics and trends related to sustainable development and circular economy are driving the PHA industry. Europe is the key market for PHA, globally, followed by North America and APAC.

Polyhydroxyalkanoate (PHP) Market

Short-chain length PHAs are expected to lead the market during the forecast period.

Based on type, the PHA market has been segmented into the short-chain length and medium chain length. The short-chain length type is estimated to lead the PHA market in terms of value and volume. The growing awareness regarding plastic waste creation resulting in an ecological imbalance has changed the market sentiments positively towards sustainable products, hence creating a surge in demand for biodegradable plastics. This factor plays a crucial role in increasing the demand for short-chain length and medium-chain length PHA.

Packaging & food services are projected to be the largest application of PHA during the forecast period.

Packaging & food services are projected to dominate the PHA market during the forecast period in terms of value. The growing demand for bioplastics and biodegradable plastics for packaging and food services in various applications such as plastic bags, sheets, and disposable cutlery is driving its demand. The growth of these sectors in upcoming economies of Asia Pacific and Latin America are providing new avenues for the growth of the market.

Polyhydroxyalkanoate (PHP) Market

Europe is expected to account for the largest share of the PHA market during the forecast period.

Europe is expected to account for the largest market share in PHA during the forecast period, in terms of value. The presence of various PHA players, such as Bio-on (Italy), Biomer (Germany), Natureplast (France), ColorFabb (Netherlands), and EarthBi (Germany), has a positive impact the market. Additionally, the growing use of biodegradable plastic in packaging & food service, bio-medical, and agriculture applications in the region is augmenting the demand for PHAs.

Key Market Players

The key market players profiled in the report include as Kaneka Corporation (Japan), Danimer Scientific. (U.S.), Shenzhen Ecomann Biotechnology Co., Ltd (China), Bio-On Srl (Italy), Newlight Technologies, LLC (U.S), and TianAn Biological Materials Co. Ltd. (China)

Danimer Scientific (U.S.) is the largest player in the PHA market. The company is developing its PHA business via expansion in countries such as APAC and North America and partnerships with various end-user companies. The company mainly focuses on expansions and partnerships to strengthen its position in the market. As an expansion strategy, the company has already started constructing a new plant for PHA production, which will not only increase its production capacity but also boost its position in the market. It also partnered with Nestle to produce biodegradable water bottles which will widen the company’s product portfolio.

Kaneka Corporation (Japan), is one of the major manufacturers of PHA. The company announced plans to expand its production capacity to 5,000 tons per year starting December 2019 and will further increase the capacity up to 10,000 tons per year in the near future. The expansion will help the company strengthen its position in the PHA market globally.

Scope of the Report

Report Metric

Details

Years considered for the study

 2017-2024

Base year

 2018

Forecast period 

 2019–2024

Units considered

Volume (ton) Value (USD million)

Segments covered

Type, production method, application, andregion

Regions covered

Europe, North America, APAC, and Rest of the world

Companies profiled

Kaneka Corporation (Japan), Danimer Scientific. (U.S.), Shenzhen Ecomann Biotechnology Co., Ltd (China), Bio-On Srl (Italy), Newlight Technologies, LLC (U.S), TianAn Biological Materials Co. Ltd. (China)

Top 15 major players covered

This report categorizes the global PHA market based on ingredients, application, and region.

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

  • Short-chain length
  • Medium-chain length

On the basis of production type, the PHA market has been segmented as follows:

  • Sugar fermentation.
  • Vegetable oil fermentation
  • Methane fermentation

On the basis of application, the PHA market has been segmented as follows:

  • Packaging & food services
  • Bio-medical
  • Agriculture
  • Others*

*Note: Others include, wastewater treatment, cosmetics, 3D printing, and chemical addictive.

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

  • Europe
  • North America
  • APAC
  • Rest of the world

Key Questions addressed by the report

  • What are the major changes impacting market development?
  • How will all the developments shape the industry in the mid- to long-term?
  • What are the upcoming products of PHAs?
  • What are the emerging applications of PHAs?
  • What initiatives are companies undertaking to tap into the potential of the industry?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 PHA Market Segmentation
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Unit Considered
    1.6 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Primary and Secondary Research (Volume Market)
           2.1.2 Primary and Secondary Research (Value Market)
           2.1.3 Market Calculation, By Application
    2.2 Forecast Number Calculation
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
           2.3.2 Top-Down Approach
           2.3.3 Secondary Data
           2.3.4 Primary Data
                    2.3.4.1 Breakdown of Primary Interviews
           2.3.5 Key Industry Insights
    2.4 Assumptions

3 Executive Summary (Page No. - 25)

4 Premium Insights (Page No. - 30)
    4.1 Significant Opportunities in the PHA Market
    4.2 PHA Market, By Region
    4.3 Europe: PHA Market, By Country and Type, 2018
    4.4 PHA Market, By Application
    4.5 PHA Market Attractiveness: By Major Countries
    4.6 PHA Market, By Type

5 Market Overview (Page No. - 33)
    5.1 Introduction
           5.1.1 Evolution of PHA
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Positive Attitude of Governments Toward Green Procurement Policies
                    5.2.1.2 Vast Availability of Renewable and Cost-Effective Raw Materials
                    5.2.1.3 Biodegradability Driving the Consumption
                    5.2.1.4 Increasing Concerns for Human Health and Safety
           5.2.2 Restraints
                    5.2.2.1 Higher 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 the Economy of Scale
                    5.2.3.4 Growth Opportunities in APAC
           5.2.4 Challenges
                    5.2.4.1 Manufacturing Technology Still in Its Initial Phase
                    5.2.4.2 Under-Utilization of PHA Manufacturing Plants
                    5.2.4.3 Expensive and Complex Production Process
    5.3 Porter’s Five Forces Analysis
           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 Technological Overview
           5.4.1 Commercialized Technologies
           5.4.2 PHA Production in Bio-Refineries
           5.4.3 Yet to Be Commercialized
           5.4.4 Other Possibilities

6 Sources and Processes of PHA Production (Page No. - 52)
    6.1 General Production Process
    6.2 Sugar Substrate Or Carbohydrates From Plants
    6.3 Triacylglycerols
    6.4 Hydrocarbons
    6.5 Strain Selection
    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

7 Production Capacity Analysis (Page No. - 58)

8 PHA Patent Analysis (Page No. - 62)

9 PHA Market, By Type (Page No. - 65)
    9.1 Introduction
    9.2 Short Chain Length
           9.2.1 Polyhydroxyvalerate (PHV)
                    9.2.1.1 PHV Polymers Can Form Single Crystals With Lamellar
           9.2.2 P (4hb-Co-3hb)
                    9.2.2.1 Ratio of 4hb and 3hb Decides the Properties of Co-Polymer
           9.2.3 P (3hb-Co-3hv)
                    9.2.3.1 High Amount of HV Fraction Can Make Polymers More Elastic
           9.2.4 Others
    9.3 Medium Chain Length
           9.3.1 P (Hydroxybutyrate-Co-Hydroxyoctanoate)
                    9.3.1.1 Nodax is the Most Common PHA, Which is Manufactured By Danimer Scientific
           9.3.2 P (3hb-Co-3hv-Co-4hb)
                    9.3.2.1 P (3hb-Co-3hv-Co-4hb) is Suited for Medical Applications, Owing to Higher Mechanical Strength
           9.3.3 Others

10 PHA Market, By Production Method (Page No. - 71)
     10.1 Introduction

11 PHA Market, By Application (Page No. - 74)
     11.1 Introduction
     11.2 Packaging & Food Services
             11.2.1 Packaging
                        11.2.1.1 Rigid Packaging
                                     11.2.1.1.1 Rigid Packaging Segment Will Be Highly Impacted By PHA
                        11.2.1.2 Flexible Packaging
                                     11.2.1.2.1 PHA is Expected to Replace Petroleum-Based Plastics in Flexible Packaging
                        11.2.1.3 Others
                                     11.2.1.3.1 Loose-Fill
                                     11.2.1.3.2 Compost Bags
             11.2.2 Food Services
                        11.2.2.1 Cups
                                     11.2.2.1.1 Biodegradable Disposable Cups Made of PHA Can Help Reduce Plastic Wastes
                        11.2.2.2 Trays
                                     11.2.2.2.1 Sustainable Plastic Trays Can Be Made From PHA- Based Plastics
                        11.2.2.3 Others
                                     11.2.2.3.1 Containers
                                     11.2.2.3.2 Jars
     11.3 Biomedical
             11.3.1 Sutures
                        11.3.1.1 Biodegradable Sutures With High Tensile Strength Can Be Manufactured From PHA
             11.3.2 Drug Release
                        11.3.2.1 Biocompatibility of PHA-Based Plastics is Suitable for Drug Carrier Application
             11.3.3 Others
     11.4 Agriculture
             11.4.1 Mulch Films
                        11.4.1.1 PHA-Based Mulch Films Allow Farmers to Directly Plow Fields
             11.4.2 Plant Pots
                        11.4.2.1 Plant Pots Made of PHA Can Help Plant Growth in the Initial Stages
             11.4.3 Others
                        11.4.3.1 Bins
                        11.4.3.2 Chutes
                        11.4.3.3 Hoppers
     11.5 Others
             11.5.1 Wastewater Treatment
             11.5.2 Cosmetics
             11.5.3 Chemical Additives
             11.5.4 3D Printing

12 PHA Market, By Region (Page No. - 86)
     12.1 Introduction
     12.2 North America
             12.2.1 US
                        12.2.1.1 Presence of Strict Regulations Regarding Plastic Production, Use, and Disposal is Driving the Market
             12.2.2 Canada
                        12.2.2.1 Proposed Ban on Single-Use Plastics By 2021 is Expected to Influence the Market, Positively
             12.2.3 Mexico
                        12.2.3.1 Government Initiatives and International Investments are Creating Growth Opportunities for PHA Manufacturers in the Country
     12.3 Europe
             12.3.1 Germany
                        12.3.1.1 The Country has One of the Most Advanced Infrastructures in the Region for Solid Waste Management
             12.3.2 UK
                        12.3.2.1 Government’s Aim to Achieve A Zero-Waste Economy is Likely to Boost the Market
             12.3.3 France
                        12.3.3.1 Government’s Initiatives for the Development of A Bio-Based Economy is Promising for the Market
             12.3.4 Italy
                        12.3.4.1 Italy is One of the Major Consumers of Bio-Based Polymers in Europe
             12.3.5 Rest of Europe
     12.4 APAC
             12.4.1 China
                        12.4.1.1 The Market in the Country is Characterized By the Presence of Global and Local PHA Manufacturers
             12.4.2 Japan
                        12.4.2.1 Several Associations, Including Japan Bioplastics Association, are Involved in the Popularization of Biomass-Based Plastics and Biodegradable Plastics
             12.4.3 India
                        12.4.3.1 The Indian PHA Market is Gaining Traction at A Slow Rate
             12.4.4 Malaysia
                        12.4.4.1 Malaysia has A Fully Automated PHA Bioplastics Plant, Which Produces Biodegradable Plastic Materials From Palm Oil
             12.4.5 South Korea
                        12.4.5.1 South Korea is One of the Pioneering APAC Countries in the Bioplastic and Biodegradable Plastic Industry
             12.4.6 Rest of APAC
     12.5 RoW
             12.5.1 South America
             12.5.2 Middle East & Africa

13 Competitive Landscape (Page No. - 122)
     13.1 Overview
     13.2 Competitive Leadership Mapping, 2018
             13.2.1 Visionary Leaders
             13.2.2 Dynamic Differentiators
             13.2.3 Innovators
             13.2.4 Emerging Companies
     13.3 Strength of Product Portfolio
     13.4 Business Strategy Excellence
     13.5 Key Market Players
     13.6 Competitive Benchmarking
     13.7 Competitive Situation and Trends
             13.7.1 Collaborations, Partnerships, Contracts & Agreements
             13.7.2 New Product Launches
             13.7.3 Expansions

14 Company Profiles (Page No. - 129)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis & MnM View)*
     14.1 Danimer Scientific
     14.2 Shenzhen Ecomann Biotechnology Co., Ltd.
     14.3 Newlight Technologies, LLC
     14.4 Kaneka Corporation
     14.5 Tianan Biologic Materials Co., Ltd.
     14.6 Bio-On Spa
     14.7 Rwdc Industries
     14.8 Bochemie
     14.9 Biomer
     14.10 Polyferm Canada, Inc.
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis & MnM View Might Not Be Captured in Case of Unlisted Companies.
     14.11 Other Players
             14.11.1 Tepha Inc.
             14.11.2 Bluepha Co., Ltd.
             14.11.3 Full Cycle Bioplastics
             14.11.4 CJ Cheiljedang Corp.
             14.11.5 Yeild10 Bioscience
             14.11.6 Genecis Bioindustries Inc.
             14.11.7 Terraverdae Bioworks In
             14.11.8 Mango Materials
             14.11.9 EarthBi

15 Appendix (Page No. - 146)
     15.1 Insights From Industry Experts
     15.2 Discussion Guide
     15.3 Knowledge Store: Marketsandmarkets Subscription Portal
     15.4 Available Customizations
     15.5 Related Reports
     15.6 Author Details


List of Tables (102 Tables)

Table 1 North America and European Union Regulations
Table 2 Conventional Plastics: Health Concerns
Table 3 PHA Production Capacity, By Company, 2018(Tons/Year)
Table 4 List of Various Commercialized and Yet to Be Commercialized Technologies Along With Type and Method
Table 5 List of Tepha Inc. Patents
Table 6 List of Bacterium Strains and Output
Table 7 Current Production Capacities (Ton)
Table 8 Upcoming Players
Table 9 Discontinued Or Stalled Production
Table 10 List of Patents, 2016–2019
Table 11 PHA Market Size, By Type, 2017–2024 (Ton)
Table 12 PHA Market Size, By Type, 2017–2024 (USD Million)
Table 13 Short Chain Length PHA Market, By Region, 2017–2024 (Ton)
Table 14 Short Chain Length PHA Market, By Region, 2017–2024 (USD Million)
Table 15 Medium Chain Length PHA Market Size, By Region, 2017–2024 (Ton)
Table 16 Medium Chain Length PHA Market Size, By Region, 2017–2024 (USD Million)
Table 17 PHA Market Size, By Production Method, 2019–2024 (USD Million)
Table 18 PHA Market Size, By Production Method, 2019–2024 (Ton)
Table 19 PHA Market Size, By Application, 2017–2024 (Ton)
Table 20 PHA Market Size, By Application, 2017–2024 (USD Million)
Table 21 PHA Market Size in Packaging & Food Services Application, By Region, 2017–2024 (Ton)
Table 22 PHA Market Size in Packaging & Food Services Application, By Region, 2017–2024 (USD Million)
Table 23 PHA Market Size in Biomedical Application, By Region, 2017-2024 (Ton)
Table 24 PHA Market Size in Biomedical Application, By Region, 2017-2024 (USD Million)
Table 25 PHA Market Size in Agricultural Application, By Region, 2017-2024 (Ton)
Table 26 PHA Market Size in Agricultural Application, By Region, 2017-2024 (USD Million)
Table 27 PHA Market Size in Other Applications, By Region, 2017-2024 (Ton)
Table 28 PHA Market Size in Other Applications, By Region, 2017-2024 (Ton)
Table 29 Bio-Based Plastics Market Size, By Region, 2016–2023 (Ton)
Table 30 Bio-Based Plastics Market Size, By Region, 2016–2023 (USD Million)
Table 31 Bio-Based Plastics Market Size, By Type, 2016–2023 (Ton)
Table 32 Bio-Based Plastics Market Size, By Type, 2016–2023 (USD Million)
Table 33 Bio-Based Biodegradable Plastics Market Size, By Region, 2016–2023 (Ton)
Table 34 Bio-Based Biodegradable Plastics Market Size, By Region, 2016–2023 (USD Million)
Table 35 PHA Market Size, By Region, 2017–2024 (Ton)
Table 36 PHA Market Size, By Region, 2017–2024 (USD Million)
Table 37 North America: Bio-Based Plastics Market Size, By Type, 2016–2023 (Ton)
Table 38 North America: Bio-Based Plastics Market Size, By Type, 2016–2023 (USD Million)
Table 39 North America: Bio-Based Biodegradable Plastics Market Size, By Country, 2016–2023 (Ton)
Table 40 North America: Bio-Based Biodegradable Plastics Market Size, By Country, 2016–2023 (USD Million)
Table 41 Major PHA Manufacturers in North America
Table 42 Upcoming PHA Manufacturers in North America
Table 43 North America: PHA Market Size, By Country, 2017–2024 (Ton)
Table 44 North America: PHA Market Size, By Country, 2017–2024 (USD Million)
Table 45 North America: PHA Market Size, By Application, 2017–2024 (Ton)
Table 46 North America: PHA Market Size, By Application, 2017–2024 (USD Million)
Table 47 North America: PHA Market Size, By Type, 2017–2024 (Ton)
Table 48 North America: PHA Market Size, By Type, 2017–2024 (USD Million)
Table 49 US: PHA Market Size, 2017-2024
Table 50 Canada: PHA Market Size, 2017-2024
Table 51 Mexico: PHA Market Size, 2017-2024
Table 52 Europe: Bio-Based Plastics Market Size, By Type, 2016–2023 (Ton)
Table 53 Europe: Bio-Based Plastics Market Size, By Type, 2016–2023 (USD Million)
Table 54 Europe: Bio-Based Biodegradable Plastics Market Size, By Country, 2016–2023 (Ton)
Table 55 Europe: Bio-Based Biodegradable Plastics Market Size, By Country, 2016–2023 (USD Million)
Table 56 Major PHA Manufacturers in Europe
Table 57 Upcoming PHA Manufacturers in Europe
Table 58 Europe: PHA Market Size, By Country, 2019–2024 (Ton)
Table 59 Europe: PHA Market Size, By Country, 2019–2024 (USD Million)
Table 60 Europe: PHA Market Size, By Application, 2017–2024 (Ton)
Table 61 Europe: PHA Market Size, By Application, 2019–2024 (USD Million)
Table 62 Europe: PHA Market Size, By Type, 2017–2024 (Ton)
Table 63 Europe: PHA Market Size, By Type, 2017–2024 (USD Million)
Table 64 Germany: PHA Market Size, 2017–2024
Table 65 UK: PHA Market Size, 2017–2024
Table 66 France: PHA Market Size, 2017–2024
Table 67 Italy: PHA Market Size, 2017–2024
Table 68 Rest of Europe: PHA Market Size, 2017–2024
Table 69 APAC: Bio-Based Plastics Market Size, By Type, 2016–2023 (Ton)
Table 70 APAC: Bio-Based Plastics Market Size, By Type, 2016–2023 (USD Million)
Table 71 APAC: Bio-Based Biodegradable Plastics Market Size, By Country, 2016–2023 (Ton)
Table 72 APAC: Bio-Based Biodegradable Plastics Market Size, By Country, 2016–2023 (USD Million)
Table 73 Major PHA Manufacturers in APAC
Table 74 Upcoming PHA Manufacturers in APAC
Table 75 APAC: PHA Market Size, By Country, 2017–2024 (Ton)
Table 76 APAC: PHA Market Size, By Country, 2017–2024 (USD Million)
Table 77 APAC: PHA Market Size, By Application, 2017–2024 (Ton)
Table 78 APAC: PHA Market Size, By Application, 2017–2024 (USD Million)
Table 79 APAC: PHA Market Size, By Type, 2017–2024 ( Ton)
Table 80 APAC: PHA Market Size, By Type, 2017–2024 (USD Million)
Table 81 China: PHA Market Size, 2017–2024
Table 82 Japan: PHA Market Size, 2017–2024
Table 83 India: PHA Market Size, 2017–2024
Table 84 Malaysia: PHA Market Size, 2017–2024
Table 85 South Korea: PHA Market Size, 2017–2024
Table 86 Rest of APAC: PHA Market Size, 2017–2024
Table 87 RoW: Bio-Based Plastics Market Size, By Type, 2016–2023 (Ton)
Table 88 RoW: Bio-Based Plastics Market Size, By Type, 2016–2023 (USD Million)
Table 89 RoW: Bio-Based Biodegradable Plastics Market Size, By Country, 2016–2023 (Ton)
Table 90 RoW: Bio-Based Biodegradable Plastics Market Size, By Country, 2016–2023 (USD Million)
Table 91 RoW: PHA Market Size, By Region, 2017-2024 (Ton)
Table 92 RoW: PHA Market Size, By Region, 2017-2024 (USD Million)
Table 93 RoW: PHA Market Size, By Application, 2017-2024 (Ton)
Table 94 RoW: PHA Market Size, By Application, 2017-2024 (USD Million)
Table 95 RoW: PHA Market Size, By Type, 2017-2024 (Ton)
Table 96 RoW: PHA Market Size, By Type, 2017-2024 (USD Million)
Table 97 South America: PHA Market Size, 2017-2024
Table 98 Middle East & Africa: PHA Market Size, 2017-2024
Table 99 Major PHA Producers
Table 100 Collaborations, Partnerships, Contracts & Agreements, 2016–2019
Table 101 New Product Launches, 2018–2019
Table 102 Expansions, 2018


List of Figures (42 Figures)

Figure 1 PHA Market: Bottom-Up Approach
Figure 2 PHA Market: Top-Down Approach
Figure 3 Capacity Utilization is Only About 20% of the Total Installed Production Capacity
Figure 4 Sugar Fermentation is the Most Used Method of PHA Production
Figure 5 Short Chain Length Type to Account for the Larger Share in the Market
Figure 6 Packaging & Food Services to Be the Largest Application of PHA
Figure 7 Europe is the Largest and the Fastest-Growing PHA Market
Figure 8 Global Market Growth is Attributed to Government Policies
Figure 9 Europe to Be the Largest PHA Market
Figure 10 Germany and Short Chain Length Segment Accounted for the Largest Shares of the European PHA Market
Figure 11 Packaging & Food Services Segment to Account for the Largest Market Share
Figure 12 Germany to Be the Fastest-Growing PHA Market
Figure 13 Short Chain Length Was the Larger Type of PHA in 2018
Figure 14 1925 Marks the Discovery of PHA in France
Figure 15 Drivers, Restraints, Opportunities, and Challenges in the PHA Market
Figure 16 Porter’s Five Forces Analysis: Global PHA Market
Figure 17 Different Substrates Used for PHA Production
Figure 18 Process Flow of PHA Production
Figure 19 Sugar Substrates for PHA Production
Figure 20 Hydrovarbon Substrates
Figure 21 Extraction Process Flow
Figure 22 Verbatim From Discussion With Industry Experts
Figure 23 Patent Analysis, By Geography, 2016–2019
Figure 24 Patents’ Trend: Year-Wise (2016–2019)
Figure 25 Short Chain Length PHA Segment to Account for Larger Market Share
Figure 26 Sugar Fermentation Method to Lead the PHA Market
Figure 27 Packaging & Food Services Accounted for the Maximum Share in the PHA Market, in 2018, in Terms of Value
Figure 28 North America: PHA Market Snapshot
Figure 29 US: the Largest PHA Market, Globally
Figure 30 Europe: PHA Market Snapshot
Figure 31 Germany: Second-Largest Consumer of PHA, Globally
Figure 32 APAC: PHA Market Snapshot
Figure 33 China: Fastest-Growing PHA Market in APAC in Terms of Both Value and Volume
Figure 34 PHA Market: Competitive Leadership Mapping, 2018
Figure 35 Collaborations, Partnerships, Contracts & Agreements Were the Most Preferred Growth Strategies Adopted By Major Players Between 2016 and 2019
Figure 36 Top 5 Players Accounted for the Major Market Share in 2018
Figure 37 Danimer Scientific: SWOT Analysis
Figure 38 Shenzhen Ecomann Biotechnology Co., Ltd.: SWOT Analysis
Figure 39 Newlight Technologies, LLC: SWOT Analysis
Figure 40 Kaneka Corporation: Company Snapshot
Figure 41 Kaneka Corporation: SWOT Analysis
Figure 42 Tianan Biologic Materials Co., Ltd.: SWOT Analysis

The study involved four major activities in estimating 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. After that, 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 European bioplastic organization.  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 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 of the applications such as packaging & food services, bio-medical, agriculture, and others, which include wastewater treatment, 3D printing, cosmetics, etc. The supply side is characterized by advancements in production and expansion of production capacity. 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 (PHP) Market

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 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 were identified through extensive secondary research.

  • The industry’s supply chain and market size, in terms of value and volume, 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 subsegments, 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 in the packaging and food services, bio-medical, and agricultural applications.

Report Objectives

  • To analyze and forecast the size of the PHA market in terms of value
  • To provide detailed information regarding key factors, such as drivers, restraints, opportunities, and challenges influencing the growth of the market
  • To define, describe, and segment the PHA market based on type, production method, and application.
  • To forecast the size of the market segments for regions such as Europe, North America, APAC, and the Rest of the World.
  • 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 expansions, new product launches, and acquisitions in the PHA market
  • To strategically profile key players and comprehensively analyze their core competencies

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Regional Analysis

  • Further breakdown of a region with respect to a particular country or application

Company Information

  • Detailed analysis and profiles of additional market players (up to five)
Report Code
CH 1610
Published ON
Sep, 2019
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