Top 6 Vendors in the Polyhydroxyalkanoate Market from 2017 to 2021: Technavio

August 24, 2017

LONDON–(BUSINESS WIRE)–#BioChemicals—Technavio
has announced the top six leading vendors in their recent global
polyhydroxyalkanoate
(PHA) market report. This research report also lists nine
other prominent vendors that are expected to impact the market during
the forecast period.

The high demand for environment-friendly products is driving the sales
of the global PHA market. The increasing use of PHA in packaging,
biomedical, consumer goods, agriculture, and other applications is also
driving the market's growth. The demand for biodegradable products is
very high due to the stringent government regulations on conventional
plastics globally and the increased funding in R&D for the development
of environment-friendly products.

Competitive vendor landscape

Currently, the global
PHA market is small but has a lot of growth opportunities. The
bioplastic segment contributes a very small share to the global plastics
market. Hence, it offers numerous opportunities for the development and
manufacturing of bioplastics. Most vendors are focusing on the
manufacturing of PHA using different technologies.

“Vendors have also patented their innovative technologies. With the
increasing growth of the market and technology, these patents can help
the vendors to establish themselves in the market and earn large market
shares. Currently, the market is highly competitive due to the presence
of numerous vendors. With the increasing use of PHAs, more players will
enter the market,” says Shakeel Iqbal, a lead bio-chemicals
and bio-materials research analyst from Technavio.

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Top six PHA market vendors

BioMatera

BioMatera has its own innovative process for producing a range of fully
biodegradable polymers from renewable raw materials. These polymers are
part of PHAs. These are used in the manufacturing of food packaging,
agricultural products, inks, cosmetics, and biomedical.

Bio-on

The company produces PHA from renewable sources. The company is planning
to set up its second bioplastic production plant for medical and
bioremediation purposes. Bio-on has also set up a new company named
Bio-on Plants for the increasing demand of PHAs.

Danimer Scientific

Danimer Scientific is a manufacturer of biopolymers. The company has
patented its novel biopolymer Nodax mcl-PHA. It stores PHA polyesters
for energy and biodegradable in the air, soil, and water. This property
widens its applications in various industries. The company produces a
wide range of polymers to support various applications.

TianAn Biologic Materials

TianAn Biologic Materials produces polyhydroxy-butyrate-co-valerate
(PHBV). The company production capacity is 2,000 metric tons per year.
The company has patented its water-based extraction technology for PHBV
production.

Tianjin GreenBio Materials

Tianjin GreenBio Materials produces biodegradable bio-based polymers.
Its main product is P3HB that uses sucrose as the substrate. The company
produces 10,000 tons P3HB per year. The key products of the company are
pure resin, films, injection molding, and foam.

Yield10 Bioscience

Yield10 Bioscience produces PHA using corn as the main substrate and the
main product for PHA is Mirel PHB. PHB is the simplest form of the PHA
biopolymer family. The company has a production capacity of up to 50,000
tons per year. The company uses proprietary industrial fermentation and
biopolymer recovery process to produce Mirel PHB.

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