Polyhydroxyalkanoate Market Healthy Pace throughout the Fore

Polyhydroxyalkanoate Market Healthy Pace throughout the Forecast during 2017-2026


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 and increased investment in R&D by the developed countries are providing ample growth opportunities for the market in the near future.

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