In recent years, the global polyhydroxyalkanoate (PHA) market has been growing rapidly. In 2024, the global PHA market size was estimated at USD 124–206 million, with a projected compound annual growth rate (CAGR) of 8–10% over the coming years. The main PHA varieties are poly(3‑hydroxybutyrate) (PHB), its copolymer poly(3‑hydroxybutyrate‑co‑3‑hydroxyvalerate) (PHBV), and poly(3‑hydroxybutyrate‑co‑4‑hydroxybutyrate) (P34HB). Major global producers include Biocycle (Brazil), Biomers (Germany), Kaneka (Japan), Procter & Gamble (USA), Metabolix/Telles (USA/Netherlands), and ADM (USA), with capacities ranging from hundreds to tens of thousands of tons per year. In China, key players such as Ningbo Tian’an Bio, Bluepha (Beijing), Ecomann (Shenzhen), and others have built capacities from hundreds to thousands of tons per year, and several new projects are under construction or expansion.
PHAs are microbially synthesized thermoplastic polyesters with excellent biodegradability and biocompatibility. In natural environments and in vivo, they gradually degrade into water, CO₂, and hydroxybutyrate. Their mechanical properties vary by type:
Key technology trends include:
Regulatory pressure on plastic pollution is driving PHA demand:
End‑use sectors include:
The global PHA market is forecast to grow from USD 206 million in 2024 to USD 401 million by 2031 (≈ 10% CAGR). Although current PHA prices (≈ CNY 75,000/ton in China) are higher than conventional plastics, scale‑up and process optimization are expected to reduce costs by over 40%.
ChemFine International is a leading supplier of bio‑based polymers, specializing in PHB, PHBV, and P34HB. Our strengths include:
We invite you to visit our product page for more details: PHB/PHBV/P34HB Virgin Biodegradable PHA Granules. Partner with ChemFine International to accelerate your transition to sustainable, bio‑based materials.
In recent years, the global polyhydroxyalkanoate (PHA) market has been growing rapidly. In 2024, the global PHA market size was estimated at USD 124–206 million, with a projected compound annual growth rate (CAGR) of 8–10% over the coming years. The main PHA varieties are poly(3‑hydroxybutyrate) (PHB), its copolymer poly(3‑hydroxybutyrate‑co‑3‑hydroxyvalerate) (PHBV), and poly(3‑hydroxybutyrate‑co‑4‑hydroxybutyrate) (P34HB). Major global producers include Biocycle (Brazil), Biomers (Germany), Kaneka (Japan), Procter & Gamble (USA), Metabolix/Telles (USA/Netherlands), and ADM (USA), with capacities ranging from hundreds to tens of thousands of tons per year. In China, key players such as Ningbo Tian’an Bio, Bluepha (Beijing), Ecomann (Shenzhen), and others have built capacities from hundreds to thousands of tons per year, and several new projects are under construction or expansion.
PHAs are microbially synthesized thermoplastic polyesters with excellent biodegradability and biocompatibility. In natural environments and in vivo, they gradually degrade into water, CO₂, and hydroxybutyrate. Their mechanical properties vary by type:
Key technology trends include:
Regulatory pressure on plastic pollution is driving PHA demand:
End‑use sectors include:
The global PHA market is forecast to grow from USD 206 million in 2024 to USD 401 million by 2031 (≈ 10% CAGR). Although current PHA prices (≈ CNY 75,000/ton in China) are higher than conventional plastics, scale‑up and process optimization are expected to reduce costs by over 40%.
ChemFine International is a leading supplier of bio‑based polymers, specializing in PHB, PHBV, and P34HB. Our strengths include:
We invite you to visit our product page for more details: PHB/PHBV/P34HB Virgin Biodegradable PHA Granules. Partner with ChemFine International to accelerate your transition to sustainable, bio‑based materials.