Market Research Report Store offers a latest published report on PHA Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 91 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
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Polyhydroxyalkanoates(PHAs) are naturally-occurring polymers produced by bacteria. A variety of bacterial species produce PHAs by fermenting biomass under nutrient-limiting conditions.
The accumulation of petrochemical plastic waste in the environment is an increasing problem. In order to find alternative materials, researchers have developed fully biodegradable plastics, such as polyhydroxyalkanoates (PHAs). However, the commercial success of PHAs bioplastics is still hampered by their high production costs, poor material properties and processability when compared to the well-established oil-based materials. Low cost production processes are still in the developmental stage. PHAs market is at its initial stage of technology cycle and not yet achieved economies of scale. Most manufacturers may have high capacity but low production.
China is the dominate producer of PHAs, the production is 12750 MT in 2015, according for about 50.42% of the total amount, followed by America, with the production market share of 19.43%.
According to this study, over the next five years the PHA market will register a 5.9% CAGR in terms of revenue, the global market size will reach US$ 250 million by 2024, from US$ 190 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in PHA business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Shenzhen Ecomann Technology
Market Segment by Type, covers
Market Segment by Applications, can be divided into
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North America PHA Market Growth 2019-2024
United States PHA Market Growth 2019-2024
Asia-Pacific PHA Market Growth 2019-2024
Europe PHA Market Growth 2019-2024
EMEA PHA Market Growth 2019-2024
Global PHA Market Growth 2019-2024
China PHA Market Growth 2019-2024
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