Global Polyhydroxyalkanoate Market 2024-2028

The polyhydroxyalkanoate market is forecasted to grow by USD 26.9 mn during 2023-2028, accelerating at a CAGR of 6.31% during the forecast period. The report on the polyhydroxyalkanoate market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for biodegradable plastics, increasing application of PHA in the biomedical industry, and fluctuating crude oil prices promoting the use of PHA-based products.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	5.92%
CAGR	6.31%
Incremental Value	$26.9mn

Technavio's polyhydroxyalkanoate market is segmented as below:

By Application

Packaging
Biomedical
Food services
Agriculture
Others

By Type

Copolymerized PHA
Linear PHA

By Geographical Landscape

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the increasing adoption of sustainable production methods by manufacturers as one of the prime reasons driving the polyhydroxyalkanoate market growth during the next few years. Also, increasing new product launches of PHA-based products and adoption of innovative materials for manufacturing pha will lead to sizable demand in the market.

The report on the polyhydroxyalkanoate market covers the following areas:

Polyhydroxyalkanoate market sizing
Polyhydroxyalkanoate market forecast
Polyhydroxyalkanoate market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading polyhydroxyalkanoate market vendors that include BASF SE, Becton Dickinson and Co., BIO ON spa, Bluepha, BOSK Bioproducts, CJ CheilJedang Corp., Danimer Scientific Inc., Genecis, Kaneka Corp., RWDC Industries Ltd., Terraverdae Bioworks Inc., TianAn Biologic Materials Co. Ltd., WinCup, and Yield10 Bioscience Inc.. Also, the polyhydroxyalkanoate market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR44293

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global polyhydroxyalkanoate market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global polyhydroxyalkanoate market 2018 - 2022 ($ million)
4.2 Application Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
Exhibit 30: Chart on Application - Market share 2023-2028 (%)
Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Packaging - Market size and forecast 2023-2028
Exhibit 34: Chart on Packaging - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Packaging - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Packaging - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Packaging - Year-over-year growth 2023-2028 (%)
6.4 Biomedical - Market size and forecast 2023-2028
Exhibit 38: Chart on Biomedical - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Biomedical - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Biomedical - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Biomedical - Year-over-year growth 2023-2028 (%)
6.5 Food services - Market size and forecast 2023-2028
Exhibit 42: Chart on Food services - Market size and forecast 2023-2028 ($ million)
Exhibit 43: Data Table on Food services - Market size and forecast 2023-2028 ($ million)
Exhibit 44: Chart on Food services - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Food services - Year-over-year growth 2023-2028 (%)
6.6 Agriculture - Market size and forecast 2023-2028
Exhibit 46: Chart on Agriculture - Market size and forecast 2023-2028 ($ million)
Exhibit 47: Data Table on Agriculture - Market size and forecast 2023-2028 ($ million)
Exhibit 48: Chart on Agriculture - Year-over-year growth 2023-2028 (%)
Exhibit 49: Data Table on Agriculture - Year-over-year growth 2023-2028 (%)
6.7 Others - Market size and forecast 2023-2028
Exhibit 50: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 51: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 52: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 53: Data Table on Others - Year-over-year growth 2023-2028 (%)
6.8 Market opportunity by Application
Exhibit 54: Market opportunity by Application ($ million)
Exhibit 55: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 56: Chart on Type - Market share 2023-2028 (%)
Exhibit 57: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 58: Chart on Comparison by Type
Exhibit 59: Data Table on Comparison by Type
7.3 Copolymerized PHA - Market size and forecast 2023-2028
Exhibit 60: Chart on Copolymerized PHA - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Data Table on Copolymerized PHA - Market size and forecast 2023-2028 ($ million)
Exhibit 62: Chart on Copolymerized PHA - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Copolymerized PHA - Year-over-year growth 2023-2028 (%)
7.4 Linear PHA - Market size and forecast 2023-2028
Exhibit 64: Chart on Linear PHA - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Data Table on Linear PHA - Market size and forecast 2023-2028 ($ million)
Exhibit 66: Chart on Linear PHA - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on Linear PHA - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
Exhibit 68: Market opportunity by Type ($ million)
Exhibit 69: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
Exhibit 83: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
Exhibit 107: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 108: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 109: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 India - Market size and forecast 2023-2028
Exhibit 111: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibit 112: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibit 113: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on India - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 115: Market opportunity By Geographical Landscape ($ million)
Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 BASF SE
Exhibit 123: BASF SE - Overview
Exhibit 124: BASF SE - Business segments
Exhibit 125: BASF SE - Key news
Exhibit 126: BASF SE - Key offerings
Exhibit 127: BASF SE - Segment focus
12.4 Becton Dickinson and Co.
Exhibit 128: Becton Dickinson and Co. - Overview
Exhibit 129: Becton Dickinson and Co. - Business segments
Exhibit 130: Becton Dickinson and Co. - Key news
Exhibit 131: Becton Dickinson and Co. - Key offerings
Exhibit 132: Becton Dickinson and Co. - Segment focus
12.5 BIO ON spa
Exhibit 133: BIO ON spa - Overview
Exhibit 134: BIO ON spa - Product / Service
Exhibit 135: BIO ON spa - Key offerings
12.6 Bluepha
Exhibit 136: Bluepha - Overview
Exhibit 137: Bluepha - Product / Service
Exhibit 138: Bluepha - Key offerings
12.7 BOSK Bioproducts
Exhibit 139: BOSK Bioproducts - Overview
Exhibit 140: BOSK Bioproducts - Product / Service
Exhibit 141: BOSK Bioproducts - Key offerings
12.8 CJ CheilJedang Corp.
Exhibit 142: CJ CheilJedang Corp. - Overview
Exhibit 143: CJ CheilJedang Corp. - Business segments
Exhibit 144: CJ CheilJedang Corp. - Key offerings
Exhibit 145: CJ CheilJedang Corp. - Segment focus
12.9 Danimer Scientific Inc.
Exhibit 146: Danimer Scientific Inc. - Overview
Exhibit 147: Danimer Scientific Inc. - Product / Service
Exhibit 148: Danimer Scientific Inc. - Key offerings
12.10 Genecis
Exhibit 149: Genecis - Overview
Exhibit 150: Genecis - Product / Service
Exhibit 151: Genecis - Key offerings
12.11 Kaneka Corp.
Exhibit 152: Kaneka Corp. - Overview
Exhibit 153: Kaneka Corp. - Business segments
Exhibit 154: Kaneka Corp. - Key offerings
Exhibit 155: Kaneka Corp. - Segment focus
12.12 RWDC Industries Ltd.
Exhibit 156: RWDC Industries Ltd. - Overview
Exhibit 157: RWDC Industries Ltd. - Product / Service
Exhibit 158: RWDC Industries Ltd. - Key offerings
12.13 Terraverdae Bioworks Inc.
Exhibit 159: Terraverdae Bioworks Inc. - Overview
Exhibit 160: Terraverdae Bioworks Inc. - Product / Service
Exhibit 161: Terraverdae Bioworks Inc. - Key offerings
12.14 TianAn Biologic Materials Co. Ltd.
Exhibit 162: TianAn Biologic Materials Co. Ltd. - Overview
Exhibit 163: TianAn Biologic Materials Co. Ltd. - Product / Service
Exhibit 164: TianAn Biologic Materials Co. Ltd. - Key offerings
12.15 WinCup
Exhibit 165: WinCup - Overview
Exhibit 166: WinCup - Product / Service
Exhibit 167: WinCup - Key offerings
12.16 Yield10 Bioscience Inc.
Exhibit 168: Yield10 Bioscience Inc. - Overview
Exhibit 169: Yield10 Bioscience Inc. - Product / Service
Exhibit 170: Yield10 Bioscience Inc. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 171: Inclusions checklist
Exhibit 172: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 173: Currency conversion rates for US$
13.4 Research methodology
Exhibit 174: Research methodology
Exhibit 175: Validation techniques employed for market sizing
Exhibit 176: Information sources
13.5 List of abbreviations
Exhibit 177: List of abbreviations