World Polyhydroxyalkanoate (PHA) Market - Opportunities and Forecasts, 2017-2023

Bulk Chemicals	MA 16259	Pages: NA	Formats*:
Sep 2017 \| 287 Views	Charts: NA	Tables: NA

Polyhydroxyalkonates (PHA) are biodegradable plastics that are synthesized by microbial fermentation of glucose or sugar. PHA has been used in the fixation and orthopedic applications, tissue engineering, production of bioplastic, food services, in packaging, pharmaceutical industry and agriculture. Innovative properties of PHA can bring additional value to the applications in which they are used. It is expected that advancement in the industrialization process of PHA would drive the cost of PHA and make it an alternative for conventional plastic.

Global PHA market is driven by the increasing demand for renewable, eco- friendly, and bio- based materials such as bagasse, zein, casein, plantstarch, etc. Other driving force is its bio- medical applications such as bone-marrow scaffolds, cardiovascular patches, nerve repair devices, bone, etc. High demand for packaging, followed by food services is also contributing to the growth of the market. However, R&D facilities and high cost of raw materials, which is 20% to 80% higher than the cost of raw materials of conventional plastics, are few of the challenges faced by this market. The opportunities that would help in the growth of this market are the rapid technological changes and increased investment in R&D by the developed countries.

PHA Product Type Market Analysis

PHA product type market is segmented into copolymerized PHA and linear PHA. Copolymerized PHA segment is the largest revenue generating segment due to its efficient properties such as better flexibility, higher toughness and soaring demand of biodegradable materials.

PHA Application Market Analysis

PHA Application Market is segmented into agriculture, food services, packaging, bio-medical and others (Disposable items). Packaging segment is the largest revenue generating segment due to rising awareness of biodegradable packaging material.

PHA Geography Market Analysis

PHA Geography Market is segmented into North America, Europe, Asia Pacific and RoW. Europe, followed by Asia Pacific, is the largest revenue generating segment due to relative rise in the consumer’s disposable income and presence of large amount of capital by various industries resulting in increased investment in R&D.

Competitive Landscape

The key strategies adopted by the companies to expand in the PHA market are product launches, mergers & acquisitions and agreements & collaborations. The leading players of this market are Meredian, Inc., Tianan Biologic Materials Co. Ltd., Polyferm Vanada, Inc., Shenzhen Ecomann Biotechnology Co, Ltd., LIC PHB Industrial S.A., Newlight Technologies, BioMatera, Inc., Metabolix Inc., Biomer, Biomatera, Kaneka Corporation.

High Level Analysis

Report presents detailed analysis of PHA market using Porter’s five forces model. Degree of bargaining power of consumers is expected to be high due to competition among industry leaders for innovative products. Degree of bargaining power of suppliers is expected to be moderate, due to good number of vendors present in the market. Threat of new entrants is low, due to unavailability of substitutes.

KEY BENEFITS

Analysis of the emerging portfolio of PHA Market on the basis of various segments and evaluation of renewable raw materials are expounded in the report. Segmental analysis is also done in order to find out the largest revenue generating segment
To study the various factors that are driving and restraining the growth of the market that would help the market players to understand the dynamics of the changing competition in the global PHA market
Study of SWOT and analysis of the captivating strategies adopted by the market players is conducted and that would assist the stakeholders to take actionable decisions
Analysis of the current market scenario, forecasts of the future transition trends and projected revenue of the market through 2013-2020 are expounded in the report. Thus, help stakeholders analyze the market
To find out the various opportunities for the expansion of the market and thus help the stakeholders to understand the future prospects on the various industrial applications due to excess availability of materials.

KEY MARKETSEGMENT

Polyhydroxyalkonates (PHA) market is segmented on the basis of product types, applications and geographies.

Market by Product Types

Copolymerized PHA
Linear PHA

Market by Applications

Agriculture
Food Services
Packaging
Bio-medical
Others (Disposable items)

Market by Geography

North America
Europe
Asia Pacific
RoW

With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
Technologically sophisticated and reliable insights through well audited and veracious research methodology
Sovereign research proceeds that present a tangible depiction of marketplace

With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

Patent and regulatory databases for understanding of technical & legal developments
Scientific and technical writings for product information and related preemptions
Regional government and statistical databases for macro analysis
Authentic new articles, web-casts and other related releases for market evaluation
Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast

Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

Validates and improves the data quality and strengthens research proceeds
Further develops analyst team’s market understanding and expertise
Supplies authentic information about market size, share, growth and forecasts

Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

Chief executives and VPs of leading corporations specific to industry
Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)

Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

License Type

Data Pack

Single User PDF

Five User Online/PDF

Enterprise Online/PDF

LICENSE INFO

Users/Sharing

Restricted to one authorized user

Limited to 5 authorized users

Unlimited within company / enterprise

Printing

One Print only