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Polyhydroxyalkanoate (PHA) Market by Type, Production Method, Application and Region
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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.
Polyhydroxyalkanoate (PHA) Market by Type, Production Method, Application, and Region - Global Forecast to 2025
iCrowd Newswire
According to the new market research report by Type (Short Chain Length, Medium Chain Length), Production Method (Sugar Fermentation, Vegetable Oil Fermentation, Methane Fermentation), Application, and Region - Global Forecast to 2025″, The polyhydroxyalkanoate (PHA) market is projected to reach USD 121 million by 2025, at a CAGR of 14.2% from USD 62 million in 2020.
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Polyhydroxyalkanoate (PHA) Market
Monomers can form various structures, such as short chain length monomers and medium chain length monomers .Short chain length PHA monomers consist of not more than four to ten carbon atoms. Some of the short chain length PHA monomers include Polyhydroxybutyrate (PHB), Poly-3-hydroxybutyrate (P3HB), and Polyhydroxyvalerate (PHV). The structure determines the thermal and mechanical properties of the monome
Polyhydroxyalkanoate (PHA) Market by Type, Production Method, Application, and Region
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Polyhydroxyalkanoate Market Healthy Pace throughout the Forecast during 2017-2026 Polyhydroxyalkanoate Marketreport includes market status and forecast of global and major regions, with introduction of vendors, regions, product types and end industries; and this report counts product types and end industries in global and major re
BriefingWire.com, 4/19/2021 - According to Stratistics MRC, the Global Polyhydroxyalkanoate Market is accounted for $78.20 million in 2017 and is expected to reach $135.78 million by 2026 growing at a CAGR of 6.3%. Rising awareness among consumers regarding environmental protection, growth of packaging & healthcare industries and availability of raw materials extracted from wastes of sugar palm oil are some of the factors boosting the growth of the market. However, higher costs of PHAs as compared to conventional polymers are expected to hamper the profit boundaries. Moreover, rapid technological changes
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