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Polyhydroxyalkanoate (PHA) Market Share

Report ID: GMI5355
Published Date: Oct 2023
Report Format: PDF

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Polyhydroxyalkanoate Market Share

Major players operating in the polyhydroxyalkanoate (PHA) industry include:

Danimer Scientific
Newlight Technologies
RWDC
Tianan Enmat
Kaneka Corporation
Paques Biomaterials
CjBio
Bluepha
Full Cycle Bioplastics
Tianjin GreenBio Materials Co. Ltd.
Yield10 Bioscience, Inc.
Bio-on SpA

Danimer Scientific and Newlight Technologies are dominant players in the polyhydroxyalkanoate (PHA) market due to their due to their pioneering approaches to sustainable bioplastics production, unwavering commitment to environmental responsibility, and the successful commercialization of PHA-based products. Their innovative and proprietary production methods, such as microbial fermentation and carbon capture technology, enable cost-effective and scalable PHA production. Focusing on sustainability, their PHA offerings are biodegradable, compostable, and sourced from renewable materials, aligning with the global shift toward eco-friendly alternatives to traditional plastics.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Polyhydroxyalkanoate (PHA) market size was worth USD 98.2 million in 2022 and is estimated to reach USD 275.8 million by 2032 driven by growing emphasis on sustainable and biodegradable plastics

Short-chain-length (SCL) PHA market size was valued at USD 58.5 million in 2022 owing to the increasing demand for tailored and versatile biopolymer solutions.

Polyhydroxyalkanoate market size in the U.S. was USD 26.3 million in 2022 and is set to exhibit robust growth rate over 2023-2032 attributed to the increasing R&D efforts and supportive government policies in the nation.

Some of the top PHA market players are Danimer Scientific, CjBio, Tianan Enmat, Kaneka Corporation, Paques Biomaterials, RWDC, Bluepha, Full Cycle Bioplastics, Newlight Technologies, Tianjin GreenBio Materials Co. Ltd., Yield10 Bioscience, Inc., and Bio-on SpA among others.