Polyhydroxyalkanoate (PHA) Market Trends and Forecasts by 2018. May 2014
Polyhydroxyalkanoate (PHA) Market would be
worth 34,000 MT By 2018.
The report "Polyhydroxyalkanoate (PHA) Market, By Application (Packaging, Food Services,
Bio-medical, Agriculture) & Raw Material — Global Trends & Forecasts to 2018" ,defines and
segments the global PHA market with analysis and forecasting of the global revenue and
consumption. PHA market consumption will grow from an estimated 10,000 MT in 2013 to
34,000 MT by 2018, with a CAGR of 27.7% from 2013 to 2018.
Browse 59 market data tables with 36 figures spread through 195 pages and in-depth TOC
Polyhydroxyalkanoate(PHA) Market, By Application (Packaging, Food Services, Bio-medical,
Agriculture) & Raw Material — Global Trends & Forecasts to 2018.
http://www.marketsandmarkets.com/Market-Reports/pha-market-395.html
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The increasing demand for renewable and bio-based materials and shift in consumer
preference for eco-friendly products is driving the global market of PHA (Polyhydroxyalkanoate)
polymer. PHA has been commercialized and used across packaging, food services, bio-medical,
and agriculture industries. Packaging is the largest consumer of PHA followed by food services.
Bio-medical applications offer the highest growth during the next five years. PHA would
continue to be used as biodegradable controlled antibiotic release system, making it ideal for
bio-medical applications such as manufacturing implants, sutures, and other medical
equipment.