Polyhydroxyalkanoate (PHA) Market Trends and Forecasts by 2018. May 2014 | Page 2
The global PHA market is consolidated in nature as it is still in its infancy. The market has only
few players but it has been making rapid technological advancement along with increased
investments in RD. The top companies in the PHA business include Metabolix Inc. (U.S.),
Meredian Inc. (U.S.), Biomer (Germany), Tianjin GreenBio Materials Co. Ltd (China), and
Shenzhen Ecomann Technology Co. Ltd (China). U. S-based Metabolix and Chinas Shenzhen
Ecomann Technology have the maximum number of developments and have been using
expansion and new product developments as their top growth strategies.
The current market scenario for PHA shows that the manufacturing plants are underutilized due
to low demand and lack of commercial applications. Research and innovation will enhance the
critical properties of PHA in the near future. As the industrialization process of PHA continues to
progress and manufacturing technology remains optimized, the product quality will become
more stable. All this will drive the cost of PHA to a level that will make it an ideal alternative for
conventional polymers.
The global PHA market is analyzed in terms of consumption (MT) and revenue ($) for all
regions. Consumption and revenues for each region have been broken down by applications
such as packaging, food services, bio-medical, agriculture, and others. The other applications
include electronic, automotive, chemicals, and domestic goods.
The report details the present manufacturing capacity of PHA producers along with the current
and future estimates of their capacity utilization. It identifies various sources of PHA production
along with their respective market shares. It also focuses on market share analysis, and market
metrics such as drivers, restraints, opportunities, and winning imperatives.