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Global Polyhydroxyalkanoate (PHA) Market (2020 to 2025) - Increasing Scope in End-use Segments Presents Opportunities

Press release content from Business Wire. The AP news staff was not involved in its creation. Global Polyhydroxyalkanoate (PHA) Market (2020 to 2025) - Increasing Scope in End-use Segments Presents Opportunities - ResearchAndMarkets.com February 11, 2021 GMT DUBLIN (BUSINESS WIRE) Feb 11, 2021 ADVERTISEMENT The global polyhydroxyalkanoate (PHA) market is estimated to be USD 62 million in 2020 and is projected to reach USD 121 million by 2025, growing at a CAGR of 14.2% between 2020 and 2025. Factors such as stringent environmental laws and customer awareness will drive the polyhydroxyalkanoate (PHA) market. The major restraints for the market will be higher price of PHA as compared to the conventional polymers and performance issues related to its properties. However, the increasing scope in end-use segments and emergence of new raw materials will act as an opportunity for the market.

Bioplastic Packaging Market Size to Accelerate at a Rapid CAGR of 24 4% by 2025 – KSU

tipFebruary 1, 2021 20 The global Bioplastic Packaging market accounted for US$ 4,399.7 Mn in 2017 and is expected to grow at a CAGR of 24.4% during the forecast period 2018 – 2025, to account for US$ 25,395.8 Mn in 2025. The key companies profiled in this report include Braskem S.A., Arkema Group, The Dow Chemical Company, BASF SE, Cardia Bioplastics, Corbion N.V., Evonik Industries AG, Koninklijke DSM N.V., NatureWorks LLC, and Novamont S.p.A. North America accounts for the second largest market share of bioplastic packaging market. In April 2018, the Governor of New York introduced a bill to ban single-use plastic bags in retail and grocery stores by next year. Several cities in the U.S., have banned the use of plastic bags including, Chicago Seattle, Boston, Los Angeles, Austin, and San Francisco. Also, few cities such as Washington, Brownsville, and Portland have imposed fees on plastic bags.

Degradable Biopolymers Market Along With Covid-19 Impact Analysis and Business Opportunities Outlook 2027 | NatureWorks, Braskem, BASF, Arkema, DuPont, Novamont, Corbion

Degradable Biopolymers Market Along With Covid-19 Impact Analysis and Business Opportunities Outlook 2027 | NatureWorks, Braskem, BASF, Arkema, DuPont, Novamont, Corbion
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Plastic Bags & Sacks Market Seeking Excellent Growth | Unistar Plastics, NewQuantum, Novolex

Plastic Bags & Sacks Market Seeking Excellent Growth | Unistar Plastics, NewQuantum, Novolex
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