Polyhydroxyalkanoate Overview 2018-2024

1
Polyhydroxyalkanoate (PHA) Market outlook with
industry review and forecasts
2
Global Market Scenario of Polyhydroxyalkanoate
(PHA) Industry

• Polyhydroxyalkanoate Market size is growing at a
  healthy CAGR over the coming years. Growing
  demand for eco-friendly products will
  significantly boost the market growth till the
  end of the forecast period.
• Polyhydroxyalkanoate is a natural form of
  polyester which is derived from bacterial
  fermentation. Due to its sustainability,
  biodegradable and bio-based nature makes it a
  preferable choice across wide-ranging
  applications such as packaging, medical,
  agricultural, and several other end-user.
• Tightening regulations to replace synthetic
  plastic-based packaging materials with bio-based
  packaging materials has become a major factor,
  which creates a notable contribution to the
  growth of polyhydroxyalkanoate market size during
  the forecast timespan. Synthetic plastic
  packaging materials are non-biodegradable in
  nature and are likely to get replaced with
  bio-based packaging materials with the stringent
  environmental laws.

3
Continue

• The increasing product consumption as biocontrol
  agents, drug carrier tissues, engineering
  biodegradable implants, memory enhancers and
  anti-cancer agents will further give a
  significant boost to the polyhydroxyalkanoate
  market over the coming years. Strong growth in
  the RD investments in the medical industry has
  led to increasing development of bio-compatible
  materials, which will further boost the
  polyhydroxyalkanoate market size in the coming
  years.
• High product manufacturing costs, coupled with
  performance issues over synthetic polymers are
  some of the major factors which are likely to
  hamper the growth of polyhydroxyalkanoate market
  size in the coming years. However, the major
  market players are working on developing
  technologies to deal with current cost and
  performance issues, and this may further help in
  generating ample opportunities for
  polyhydroxyalkanoate market to grow in the coming
  years.
• By form, the global polyhydroxyalkanoate market
  has been segmented into copolymerized PHA and
  linear PHA. Copolymerized PHA is likely to
  contribute a major chunk of the overall
  polyhydroxyalkanoate market size in the coming
  years. This is primarily due to its cost
  effectiveness, compared to PHA monomers, which
  will help to boost the product demand soon.
  Aeromonas hydrophila and Thiococcus pfennigii are
  the two types of bacteria which are used to
  synthesize copolymerized polyhydroxyalkanoate in
  combination with hydroxy fatty acids.

4
Market research reports Key analytical
components
5
Regional Insights

• North America polyhydroxyalkanoate market is
  likely to witness significant gains in the coming
  years, due to stringent regulations imposed by
  regional regulatory bodies for consuming
  bio-based packaging materials. For instance, EPA
  has put strict laws on reducing toxic waste
  material to conserve the environment.
• Additionally, major players in the U.S. medical
  industry are making significant investments in
  developing bio-compatible materials for
  healthcare applications such as drug deliveries,
  implants, and others which will further
  facilitate the growing product demand over the
  coming years.
• Based on application, the polyhydroxyalkanoate
  market size has been segmented into packaging,
  bio-medical, food, agriculture and others which
  includes consumer goods and electronics.
  Packaging segment contributed a considerable
  chunk of the overall polyhydroxyalkanoate market
  size in 2016.

6

Latest Research Report On Polyhydroxyalkanoate
Market _at_ https//bit.ly/2JdB8j7 Request
Table of Contents of this report_at_
https//bit.ly/2L7VAUe For Customization in
this report click _at_ https//bit.ly/2maTfx0
7
Stay In Touch You can visit us at
www.gminsights.com
Thank You