Polyhydroxyalkanoate Market Size Forecast to Reach $106 Million by 2026 Rising Demand From the Packaging Industry, Prospering Bio-Clinical Industry, and Advantageous Properties of Polyhydroxyalkanoate are the Prime Development Drivers of the Polyhydroxyalkanoate Market
BriefingWire.com, 5/14/2021 - Polyhydroxyalkanoate Market size is forecast to reach $106 million by 2026, after growing at a CAGR of 8.5% during the forecast period from 2021-2026. Rising demand from the packaging industry, prospering bio-clinical industry, and advantageous properties of polyhydroxyalkanoate are the prime development drivers of the polyhydroxyalkanoate market. Furthermore, an increase in the adoption of polyhydroxyalkanoate for application in newer industrial verticals, and emerging economies will create new opportunities for the growth of the global polyhydroxyalkanoate industry in the forecast era.