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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 polyhydroxyalka...

Polyhydroxyalkanoate (PHA) Market worth $121 million by 2025 - Exclusive Report by MarketsandMarkets "Polyhydroxyalkanoate (PHA) Market by Type (Short Chain Length, Medium Chain Length), Production Method (Sugar Fermentation, Vegetable Oil Fermentation, Methane Fermentation), Application, and Region - Global Forecast to 2025 ", published by MarketsandMarkets, 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. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=395 Browse in-depth TOC...

PHA, a family of organic compounds, is used to produce biodegradable polymer and plastics. The increasing focus on the reduction of non-degradable plastics is attributed to the implementation of stringent government norms and regulations regarding the use of petro-based plastics. The global demand for PHA from various applications, including packaging & food services, biomedical, and agriculture, is expected to increase significantly during the forecast period. Short chain length is the largest polymer type for polyhydroxyalkanoate (PHA) in 2019 Monomers can form various structures, such as s...