The Asia Pacific Polyhydroxyalkanoate (PHA) Market is projected to witness market growth of 15.7% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 7,934.2 tonnes, showcasing a growth of 30.6% (2020-2023).
Medium chain length polyhydroxyalkanoates (mcl-PHAs) are valuable materials in the PHA market due to their distinct properties and versatile applications. These polymers have longer molecular chains compared to short-chain length PHAs, resulting in enhanced flexibility, toughness, and elasticity. Thus, the India market is expected to utilize 1,361.53 kilo tonnes of mcl-PHAs by 2031.
The China market dominated the Asia Pacific Polyhydroxyalkanoate (PHA) Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $20.08 millions by 2031. The Japan market is showcasing a CAGR of 14.9% during (2024 - 2031). Additionally, The India market would register a CAGR of 16.4% during (2024 - 2031).
PHA-based mulch films help control weed growth, retain soil moisture, and improve crop yields. In addition to improving overall crop health, they act as an efficient barrier against weeds and permit water, air, and nutrients to penetrate the soil.
Moreover, PHA-based mulches biodegrade following use, eliminating the need for removal, and mitigating plastic pollution in agricultural environments, in contrast to conventional plastic mulches. This aligns with sustainable farming practices and environmental stewardship. PHA coatings can encapsulate fertilizers, pesticides, and other agrochemicals, allowing for controlled release over time.
The increasing adoption of sustainable farming practices and the growing awareness of environmental issues drive the demand for biodegradable mulch films in India. PHA-based plant pots and nursery trays are used for seedling production and transplanting in nurseries and horticulture operations in India. Adopting biodegradable plant pots aligns with India's sustainable farming practices and environmental conservation efforts. PHA-based crop covers protect crops from weeds, pests, and adverse weather conditions, promoting sustainable crop production practices in India.
Medium chain length polyhydroxyalkanoates (mcl-PHAs) are valuable materials in the PHA market due to their distinct properties and versatile applications. These polymers have longer molecular chains compared to short-chain length PHAs, resulting in enhanced flexibility, toughness, and elasticity. Thus, the India market is expected to utilize 1,361.53 kilo tonnes of mcl-PHAs by 2031.
The China market dominated the Asia Pacific Polyhydroxyalkanoate (PHA) Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $20.08 millions by 2031. The Japan market is showcasing a CAGR of 14.9% during (2024 - 2031). Additionally, The India market would register a CAGR of 16.4% during (2024 - 2031).
PHA-based mulch films help control weed growth, retain soil moisture, and improve crop yields. In addition to improving overall crop health, they act as an efficient barrier against weeds and permit water, air, and nutrients to penetrate the soil.
Moreover, PHA-based mulches biodegrade following use, eliminating the need for removal, and mitigating plastic pollution in agricultural environments, in contrast to conventional plastic mulches. This aligns with sustainable farming practices and environmental stewardship. PHA coatings can encapsulate fertilizers, pesticides, and other agrochemicals, allowing for controlled release over time.
The increasing adoption of sustainable farming practices and the growing awareness of environmental issues drive the demand for biodegradable mulch films in India. PHA-based plant pots and nursery trays are used for seedling production and transplanting in nurseries and horticulture operations in India. Adopting biodegradable plant pots aligns with India's sustainable farming practices and environmental conservation efforts. PHA-based crop covers protect crops from weeds, pests, and adverse weather conditions, promoting sustainable crop production practices in India.
List of Key Companies Profiled
- RWDC Industries LLC
- Newlight Technologies, Inc.
- TianAn Biologic Materials Co., Ltd.
- Ecomann Biotechnology Co. Ltd.
- Danimer Scientific, Inc.
- Kaneka Corporation
- Bluepha Co., Ltd.
- TerraVerdae Bioworks Inc
- Beijing PhaBuilder Biotechnology Co., Ltd.
- Genecis Bioindustries Inc.
Market Report Segmentation
By Type (Volume, Tonnes, USD Million, 2030-2031)- Short Chain Length
- Medium Chain Length
- Sugar Fermentation
- Vegetable Oil Fermentation
- Methane Fermentation
- Packaging & Food Services
- Biomedical
- Agriculture
- Others
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Asia Pacific Polyhydroxyalkanoate (PHA) Market by Type
Chapter 6. Asia Pacific Polyhydroxyalkanoate (PHA) Market by Production Method
Chapter 7. Asia Pacific Polyhydroxyalkanoate (PHA) Market by Application
Chapter 8. Asia Pacific Polyhydroxyalkanoate (PHA) Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- RWDC Industries LLC
- Newlight Technologies, Inc.
- TianAn Biologic Materials Co., Ltd.
- Ecomann Biotechnology Co. Ltd.
- Danimer Scientific, Inc.
- Kaneka Corporation
- Bluepha Co., Ltd.
- TerraVerdae Bioworks Inc
- Beijing PhaBuilder Biotechnology Co., Ltd.
- Genecis Bioindustries Inc.
Methodology
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