+1-888-308-5802     
News Contact Us

Polyhydroxyalkanoate Market will witness a rapid growth to 2024

Author : Ronak Bora | Published Date : 2019-05-03 

Global Polyhydroxyalkanoate Market Report provides complete industry analysis, market outlook, size, growth, opportunities and forecast 2024. This report will assist in analyzing the current and future business trends, sales and revenue forecast. It provides top manufacturers information along with manufacturing cost analysis, industrial chain, sourcing strategy and growth. 

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. 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.

Request for a Table of Content of this research report @ https://www.gminsights.com/request-toc/upcoming/2556

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. Additionally, this product has been witnessing a wide acceptance from medical applications owing to its bio-compatibility, which in turn would help in generating a significant market gains over the projected timespan. 

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.

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 industry size in 2016. This is primarily due to the superior product properties including biodegradability, thermal instability, water insoluble, UV resistance, non-toxic nature, etc., which will in turn causes promising gains to the overall polyhydroxyalkanoate industry over the forecast timespan. 

Request for a Customization of this research report @ https://www.gminsights.com/roc/2556

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.

Major market share contributors are Kaneka Corporation, Meredian Holdings Group, Inc., Newlight Technologies, LLC, PolyFerm Canada, Inc., Metabolix Inc., Shenzhen Ecomann Biotechnology Co., Ltd., Bio-On Srl, Tianjin GreenBio Materials Co., Ltd. and TianAn Biological Materials Co. Ltd. Most of these players are making significant investment to form strategic alliances to gain competitive advantage over their competitors. For instance, Meridian, a biopolymer manufacturer merged with DaniMer Scientific LLC under a holding company called Meredian Holdings Group Inc. to blend PHA with poly lactic acid.

Browse Full Report @ https://www.gminsights.com/industry-analysis/polyhydroxyalkanoate-pha-market

 

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: [email protected]

Web: https://www.gminsights.com

Blog: http://headlinenewsnation.com

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

Related News

Aerospace Interior Market in Interior panels Segment is Expected to Showcase Considerable Growth By 2025

Published Date: 2019-05-23         Author: Ronak Bora

Global Aerospace Interior Market report 2025 focuses on the major Types and Applications for the key players. The study report also provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The market research report is a professional and in-depth s... Read More

Rubber Tracks for Defense & Security Market in Band Tracks Segment is Expected to Accounted Significant Share By 2025

Published Date: 2019-05-23         Author: Ronak Bora

Global Market Insights added a report on global Rubber Tracks for Defense & Security Market that provide in-depth information about market overview, top vendors, Key market highlights, product types, market drivers, challenges, trends, industry landscape, size and forecast, five forces analysis,... Read More

Aeroengine Fan Blade Market in North America Region is Expected to Grow Exponentially By 2024

Published Date: 2019-05-23         Author: Ronak Bora

Global Market Insights adds global Aeroengine Fan Blade Market report which focuses on the major drivers and restraints for the key players. It also provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. North America will contribute significa... Read More

© 2019 Fractovia. All Rights Reserved