Global Polyhydroxyalkanoate Market 2020-2024
Technavio has been monitoring the polyhydroxyalkanoate market and it is poised to grow by $ 18.66 mn during 2020-2024 progressing at a CAGR of 6% during the forecast period. Our reports on 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for biodegradable plastics and fluctuating crude oil prices. In addition, increasing demand for biodegradable plastics is anticipated to boost the growth of the market as well.
The polyhydroxyalkanoate market analysis includes type segment and geographic landscapes
Technavio's polyhydroxyalkanoate market is segmented as below:
- Copolymerized PHA
- Linear PHA
By Geographic Landscapes
- North America
- South America
This study identifies the increasing demand for PHAs in biomedical industry as one of the prime reasons driving the polyhydroxyalkanoate market growth during the next few years.
"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our polyhydroxyalkanoate market covers the following areas:
- Polyhydroxyalkanoate market sizing
- Polyhydroxyalkanoate market forecast
- Polyhydroxyalkanoate market industry analysis"
Technavio's 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 Bio-on Spa, Bluepha, CJ CheilJedang Corp., Danimer Scientific, Full Cycle Bioplastics, Kaneka Corp., Polyferm Canada Inc., RWDC Industries, Tepha Inc., 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 on 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.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.