Global Market Size of Polyhydroxialkanoate Market – 10 Year Market Forecast

Chemicals

Polyhydroxialkanoate Market Size Forecast 2022-2029

 

Growing with a CAGR of 14%, polyhydroxialkanoate market size value is projected to grow to USD 0.08 billion in 2022 and USD 0.2 billion by 2029 over the forecast period 2022 to 2029. The cumulative market size for the forecast period is valued at USD 1 billion. Switching use from conventional plastic to biodegradable plastics open up newer opportunities in the market thereby expanding the market for PHA. By type, the short-chain length PHA account for the most market shares in that segment. It is observed in the regional analysis that the European region is the largest market for PHA followed by North America and APAC.

Frequently Asked Questions(FAQ)

• What is Global Market Database?

• ??Global market database studies the ongoing trends within the market and updates the market information on a quarterly basis.
• What is the market size value for the base year?

• The market size value for the base year 2022 is USD 0.08 billion.
• When was the PHA market report published?

• The PHA market report was published in January 2022.
• Which region dominates the PHA market?

• The European region dominates the PHA market.
• Which product type accounts for the major market revenue?

• The type, short chain length accounts for the major market revenue.

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