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

“Increasing use of PHA in various applications is expected to drive the global market.”
The global polyhydroxyalkanoate (PHA) market size is estimated to grow from USD 57 million in 2019 to USD 98 by 2024, at a CAGR of 11.2%. Increasing use of the chemical for various applications fueled by stringent government regulations and changing consumer behavior is expected to drive the growth of the global polyhydroxyalkanoate industry. PHA is a family of biodegradable polymers and plastics, which are synthesized and accumulated by bacteria inside their cells. These biodegradable plastics are also biocompostable and biocompatible, which means they can be used for biomedical applications too.

“Short-chain length PHAs are expected to be the fastest-growing type segment of the market, in terms of value and volume, between 2019 and 2024.”
The short-chain length segment is expected to witness the highest growth in terms of value and volume during the forecast period. The growing use of short-chain length PHAs in various applications such as packaging & food services, bio-medical, and agriculture along with the higher production capacity of short-chain length PHAs is driving the growth of this segment.
“Packaging & food services application segment is estimated to witness the highest growth rate between 2019 and 2024.”
The packaging & food services application segment is estimated to witness the highest growth rate, in terms of value and volume, between 2019 and 2024. Due to the ecological imbalance created by plastic waste, several organizations, including governments, have imposed taxes and enacted stringent policies against single-use plastics. These initiatives are driving the demand for PHA in the packaging & food services application. The growth of these end-user industries owing to the expansion of e-commerce portals across the food and retail sector is expected to propel the growth of the market further during the forecast period.
“Rising demand for biodegradable plastics and bioplastic, due to changing consumer behavior, is likely to drive the demand for PHA market in Europe.”
The Europe PHA market is estimated to witness significant growth during the forecast period, fueled by the growing demand for biodegradable plastics and bioplastics due to the increasing ecological concerns and trends such as sustainable development and circular economy. Additionally, the presence of major manufacturers such as Bio-On Srl (Italy), Natureplast (France), Biomer (Germany), Colorfabb (Netherlands), Nafigate (Czech Republic), and Bochemie (Czech Republic) has positively influenced the demand trend for PHAs in the region.
‧ By Company Type: Tier 1 - 30%, Tier 2 - 43%, and Tier 3 - 27%
‧ By Designation: C-Level - 21%, Director Level - 23%, and Others - 56%
‧ By Region: North America - 30%, Europe - 18%, APAC - 41%, Rest of the world - 11%

The key players profiled in the report include 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).
Research Coverage
This report segments the market for PHA based on type, production method, application, and provides estimations for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and acquisitions associated with the market for PHA market.
Reasons to Buy this Report
This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the PHA market; high-growth regions; and market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
‧ Market Penetration: Comprehensive information on PHAs offered by top players in the global market

‧ Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and new product launches in the PHA market

‧ Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for PHAs across regions

‧ Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global mold release agents market

‧ Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the PHA market

TABLE OF CONTENTS

1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 16
1.3 MARKET SCOPE 17
1.3.1 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY 18
1.5 UNIT CONSIDERED 18
1.6 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 PRIMARY AND SECONDARY RESEARCH (VOLUME MARKET) 19
2.1.2 PRIMARY AND SECONDARY RESEARCH (VALUE MARKET) 19
2.1.3 MARKET CALCULATION, BY APPLICATION 20
2.2 FORECAST NUMBER CALCULATION 20
2.3 MARKET SIZE ESTIMATION 21
2.3.1 BOTTOM-UP APPROACH 21
2.3.2 TOP-DOWN APPROACH 21
2.3.3 SECONDARY DATA 22
2.3.4 PRIMARY DATA 22
2.3.4.1 Breakdown of primary interviews 22
2.3.5 KEY INDUSTRY INSIGHTS 23
2.4 ASSUMPTIONS 24
3 EXECUTIVE SUMMARY 25
4 PREMIUM INSIGHTS 30
4.1 SIGNIFICANT OPPORTUNITIES IN THE PHA MARKET 30
4.2 PHA MARKET SIZE, BY REGION 30
4.3 EUROPE: PHA MARKET, BY APPLICATION AND COUNTRY 31
4.4 PHA MARKET SIZE, BY APPLICATION 31
4.5 PHA MARKET ATTRACTIVENESS: MAJOR MARKETS 32
4.6 PHA MARKET SIZE, BY TYPE AND REGION 32
5 MARKET OVERVIEW 33
5.1 INTRODUCTION 33
5.2 EVOLUTION OF PHA 33
5.3 MARKET DYNAMICS 35
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5.3.1 DRIVERS 35
5.3.1.1 Positive attitude of governments toward green procurement policies 35
5.3.1.2 The vast availability of renewable and cost-effective raw materials 37
5.3.1.3 Biodegradability driving the consumption 37
5.3.1.4 Increasing concerns for human health and safety 38
5.3.2 RESTRAINTS 41
5.3.2.1 High price compared to conventional polymers 41
5.3.2.2 Performance issues 41
5.3.3 OPPORTUNITIES 41
5.3.3.1 Increasing scope in end-use segments 41
5.3.3.2 The emergence of new raw materials 42
5.3.3.3 Potential for cost reduction through the economy of scale 42
5.3.3.4 Growth opportunities in APAC 43
5.3.4 CHALLENGES 43
5.3.4.1 Manufacturing technology still in its initial phase 43
5.3.4.2 Under-utilization of PHA producing plants 43
5.3.4.3 The expensive and complex production process 44
5.4 PORTER’S FIVE FORCES ANALYSIS 45
5.4.1 THREAT OF SUBSTITUTES 45
5.4.2 THREAT OF NEW ENTRANTS 46
5.4.3 BARGAINING POWER OF SUPPLIERS 46
5.4.4 BARGAINING POWER OF BUYERS 46
5.4.5 INTENSITY OF COMPETITIVE RIVALRY 46
5.5 TECHNOLOGICAL OVERVIEW 47
5.5.1 COMMERCIALIZED TECHNOLOGIES 48
5.5.2 PHA PRODUCTION IN BIO-REFINERIES 49
5.5.3 YET TO BE COMMERCIALIZED 50
5.5.4 OTHER POSSIBILITIES 52
6 SOURCES AND PROCESS OF PHA PRODUCTION 53
6.1 GENERAL PRODUCTION PROCESS 53
6.2 SUGAR SUBSTRATE OR CARBOHYDRATES FROM PLANTS 53
6.3 TRIACYLGLYCEROLS 54
6.4 HYDROCARBONS 55
6.5 STRAIN SELECTION 55
6.6 BIO-PROCESS AND DOWNSTREAM PROCESS 57
6.6.1 FERMENTATION PROCESS 57
6.6.1.1 Discontinuous process 57
6.6.1.1.1 Batch process 57
6.6.1.1.2 Fed-batch process 57
6.6.1.1.3 Fed-batch process with cell recycling process 57
6.6.1.1.4 Repeated fed-batch 57
6.6.1.2 Continuous process 57
6.6.1.2.1 Continuous fed-batch process 57
6.6.1.2.2 One-stage chemostats 57
6.6.1.2.3 Two-stage chemostats 58
6.6.1.2.4 Multi-stage chemostats 58
6.6.2 EXTRACTION PROCESS 58
7 PRODUCTION CAPACITY ANALYSIS 59
8 PHA PATENT ANALYSIS 63
9 PHA MARKET, BY TYPE 66
9.1 INTRODUCTION 67
9.2 SHORT CHAIN LENGTH 68
9.2.1 POLYHYDROXYVALERATE (PHV) 69
9.2.1.1 PHV polymers can form single crystals with lamellar 69
9.2.2 P (4HB-CO-3HB) 69
9.2.2.1 Ratio of 4HB and 3HB decides the properties of co-polymer 69
9.2.3 P (3HB-CO-3HV) 69
9.2.3.1 High amount of HV fraction can make polymers more elastic 69
9.2.4 OTHERS 69
9.3 MEDIUM CHAIN LENGTH 70
9.3.1 P (HYDROXYBUTYRATE-CO-HYDROXYOCTANOATE) 70
9.3.1.1 Nodax is the most common PHA, which is manufactured by Danimer Scientific 70
9.3.2 P (3HB-CO-3HV-CO-4HB) 70
9.3.2.1 P (3HB-co-3HV-co-4HB) is suited for medical applications, owing
to higher mechanical strength 70
9.3.3 OTHERS 71
10 PHA MARKET, BY PRODUCTION METHOD 72
10.1 INTRODUCTION 73
11 PHA MARKET, BY APPLICATION 75
11.1 INTRODUCTION 76
11.2 PACKAGING & FOOD SERVICES 78
11.2.1 PACKAGING 78
11.2.1.1 Rigid packaging 78
11.2.1.1.1 Rigid packaging segment will be highly impacted by PHA 78
11.2.1.2 Flexible packaging 78
11.2.1.2.1 PHA will replace petroleum-based plastics in
flexible packaging 78
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11.2.1.3 Others 79
11.2.1.3.1 Loose fill 79
11.2.1.3.2 Compost bags 79
11.2.2 FOOD SERVICES 79
11.2.2.1 Cups 79
11.2.2.1.1 Biodegradable disposable cups made of PHA can help reduce plastic wastes 79
11.2.2.2 Trays 79
11.2.2.2.1 Sustainable plastic trays can be made from PHA-
based plastics 79
11.2.2.3 Others 80
11.2.2.3.1 Containers 80
11.2.2.3.2 Jars 80
11.3 BIOMEDICAL 81
11.3.1 SUTURES 81
11.3.1.1 Biodegradable sutures with high tensile strength can be manufactured from PHA 81
11.3.2 DRUG RELEASE 81
11.3.2.1 Biocompatibility of PHA-based plastics is suitable for drug
carrier application 81
11.3.3 OTHERS 82
11.4 AGRICULTURE 83
11.4.1 MULCH FILMS 83
11.4.1.1 PHA-based mulch films allow farmers to directly plow fields 83
11.4.2 PLANT POTS 83
11.4.2.1 Plant pots made of PHA can help plant growth in the initial stages 83
11.4.3 OTHERS 83
11.4.3.1 Bins 83
11.4.3.2 Chutes 83
11.4.3.3 Hoppers 83
11.5 OTHERS 85
11.5.1 WASTEWATER TREATMENT 85
11.5.1.1 Denitrification process using PHA is a sustainable way of
wastewater treatment 85
11.5.2 COSMETICS 85
11.5.2.1 PHA is suitable for making cosmetics as well as cosmetic containers 85
11.5.3 CHEMICAL ADDITIVES 85
11.5.3.1 PHA can be used as an additive to enhance properties
of other plastics 85
11.5.4 3D PRINTING 85
11.5.4.1 PHA is a sustainable material for making 3D printer filaments 85
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12 PHA MARKET, BY REGION 87
12.1 INTRODUCTION 88
12.2 NORTH AMERICA 91
12.2.1 US 96
12.2.1.1 Presence of strict regulations regarding plastic production, use,
and disposal is driving the market 96
12.2.2 CANADA 97
12.2.2.1 Proposed ban on single-use plastics by 2021 is expected to influence the market, positively 97
12.2.3 MEXICO 97
12.2.3.1 Government initiatives and international investments are creating growth opportunities for PHA manufacturers in the country 97
12.3 EUROPE 98
12.3.1 GERMANY 103
12.3.1.1 The country has one of the most advanced infrastructures in the region for solid waste management 103
12.3.2 UK 105
12.3.2.1 Government’s aim to achieve a zero-waste economy is likely to
boost the market 105
12.3.3 FRANCE 105
12.3.3.1 Government’s initiatives for the development of a bio-based
economy are promising for the market 105
12.3.4 ITALY 106
12.3.4.1 Italy is one of the major consumers of bio-based polymers in Europe 106
12.3.5 REST OF EUROPE 107
12.4 APAC 107
12.4.1 CHINA 113
12.4.1.1 The market in the country is characterized by the presence of
global and local PHA manufacturers 113
12.4.2 JAPAN 115
12.4.2.1 Several associations, including Japan bioplastics association, are involved in the popularization of biomass-based plastics and biodegradable plastics 115
12.4.3 INDIA 115
12.4.3.1 The Indian PHA market is gaining traction at a slow rate 115
12.4.4 MALAYSIA 116
12.4.4.1 Malaysia has a fully automated PHA bioplastics plant, which produces biodegradable plastic materials from palm oil 116
12.4.5 SOUTH KOREA 116
12.4.6 REST OF APAC 117
12.4.7 REST OF THE WORLD 117
12.4.8 SOUTH AMERICA 121
12.4.9 MIDDLE EAST & AFRICA 122
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13 COMPETITIVE LANDSCAPE 123
13.1 OVERVIEW 123
13.2 COMPETITIVE LEADERSHIP MAPPING, 2018 123
13.2.1 VISIONARY LEADERS 123
13.2.2 DYNAMIC DIFFERENTIATORS 123
13.2.3 INNOVATORS 123
13.2.4 EMERGING COMPANIES 123
13.3 STRENGTH OF PRODUCT PORTFOLIO 125
13.4 BUSINESS STRATEGY EXCELLENCE 125
13.5 KEY MARKET PLAYERS 127
13.6 COMPETITIVE BENCHMARKING 127
13.7 COMPETITIVE SITUATION AND TRENDS 128
13.7.1 COLLABORATIONS, PARTNERSHIPS, CONTRACTS & AGREEMENTS 128
13.7.2 NEW PRODUCT LAUNCHES 129
13.7.3 EXPANSIONS 129
14 COMPANY PROFILES 130
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
14.1 DANIMER SCIENTIFIC 130
14.2 SHENZHEN ECOMANN BIOTECHNOLOGY CO., LTD. 132
14.3 NEWLIGHT TECHNOLOGIES, LLC 134
14.4 KANEKA CORPORATION 136
14.5 TIANAN BIOLOGIC MATERIALS CO., LTD. 139
14.6 BIO-ON SPA 141
14.7 RWDC INDUSTRIES 142
14.8 BOCHEMIE 143
14.9 BIOMER 144
14.10 POLYFERM CANADA, INC. 145
14.11 OTHER KEY MARKET PLAYERS 146
14.11.1 TEPHA INC. 146
14.11.2 BLUEPHA CO., LTD. 146
14.11.3 FULL CYCLE BIOPLASTICS 146
14.11.4 CJ CHEILJEDANG CORP. 146
14.11.5 YEILD10 BIOSCIENCE 146
14.11.6 GENECIS BIOINDUSTRIES INC. 146
14.11.7 TERRAVERDAE BIOWORKS IN 146
14.11.8 MANGO MATERIALS 147
14.11.9 EARTHBI 147
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.

15 APPENDIX 148
15.1 INSIGHTS FROM INDUSTRY EXPERTS 148
15.2 DISCUSSION GUIDE 149
15.3 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 152
15.4 AVAILABLE CUSTOMIZATIONS 154
15.5 RELATED REPORTS 154
15.6 AUTHOR DETAILS 155