Polyhydroxy butyrate Market Research Report - Global Forecast till 2027

Global Polyhydroxy Butyrate Market Research Report: Information by Type (Powder, Film, Sheet, and Granules), End-Use Industry (Packaging, Biomedical, Consumer Goods, Agriculture, and Others), and Region (Asia-Pacific, North America, Europe, Latin America, and Middle East & Africa)—Forecast till 2027

ID: MRFR/CnM/2700-HCR | February 2021 | Region: Global | 139 pages

Please note that the assessment period of report has been updated from 2018-2025 to 2020-2027. Cordially fill Sample form for the updated data.

The global polyhydroxy butyrate is projected to grow at robust CAGR of ~18.69% during the forecast period.


Polyhydroxy butyrate (PHB) is a naturally occurring, partially crystalline polymer. These are primarily synthesized by prokaryotic microorganisms as energy storage molecule to be metabolized during starvation. Several bacterial strains such as Alcaligenes, Azotobacter, Bacillus, Nocardia, Pseudomonas, and Rhizobium are potent producers of PHB.  Owing to its biological degradability and non-pollutant characteristics, polyhydroxybutyrate is an attractive alternative to petroleum-derived plastics. Thus, finds a variety of applications in several end-use industries such as packaging and biomedical and others.


The increasing environmental regulations and rising concerns related to plastic waste accumulation are driving the global demand for biodegradable plastics. Polyhydroxybutyrate (PHB), exhibits thermoplastic characteristics and resemble synthetic polymers to a larger extent, making them useful for extensive synthetic plastic-based applications. Thus, PHB as an eco-friendly plastic is extensively evolving to overcome the hazards caused by conventional, non-degradable petroleum-based plastics.


In addition, the increasing use of PHB bioplastics as a substitute for polyolefin commodities like polypropylene (PP) and polyethylene (PE) are creating lucrative opportunities for the key players operating in polyhyrdoxybutyrate market. Furthermore, on account of its biocompatibility and flourishing nanotechnology the use of PHB in medical applications is further expected to propel the market growth


The high fabrication cost and poor mechanical properties of the biopolymer limit its range of applications, thus pose a threat to the global market growth. However, by the addition of a small quantity of environmentally benign materials, bioplastics of improved mechanical properties can be produced. For instance, to improve the impact strength, PHB is incorporated with hydroxy valerate producing polyhydroxybutyrate-co-valerate (PHBV) commercially known as Biopol. Thus, can be used for a variety of applications such as in manufacturing, shampoo bottles, disposable cups, knives and forks, and woven medical patches


Regional Analysis


The global polyhydroxy butyrate market is analyzed for five major regions, namely– North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa.


The European market accounted for a dominant share in 2018 owing to the reduced dependency on fossil fuels and rising demand for sophisticated biopolymers. This is largely attributed to the presence of mature bioplastic industries and rise in several legislations by the FDA and EPA in the region. According to the European Biomass Industry Association, Western Europe occupies 41.5% of the global biopolymers market, which thus showcases a stable growth of the global bioplastics industry during the forecast period. Additionally, the increasing use of biopolymers in biomedical industry coupled with the strong R&D in the region is further propelling the market demand. On account of UV resistance and oxygen permeability, PHB finds a variety of applications in biomedical and medical industry. For instance, PHB owing to the aforementioned properties is used in tissue engineering and production of microcapsules for controlled drug release.


The market in Asia-Pacific is projected to register the highest CAGR during the forecast period owing to the swiftly rising industrialization coupled with the increase in disposable income. This is fueling the demand for PHB in the rising demand for packaged foods and packing films in the region. Additionally, the increasing environmental concerns and strict restrictions imposed on the usage of plastic goods is further propelling the regional market demand. Japan is the leading country in the region and is expected to grow substantially during the foreseen period. For instance, Japan Ministry of Environment estimates the use of 2 million tons of bioplastics per year by the end of 2030, thus propelling the demand for polyhydroxy butyrate in the region. Other countries such as India, China, and South Korea are further propelling the market growth owing to the implementation of various environmental regulations imposed by the government.


The market in North American is expected to showcase significant growth during the forecast period. This is largely attributed to the stringent environmental regulations about the use of non-degradable plastics. In addition, the recent advancements for the development of new generation biopolymer-based nanocomposites for food packaging materials are further propelling the growth in the market. The US is the leading country in the region on account of vast biotechnology and packaging industry.


Latin America and the Middle East & Africa are expected to show substantial growth during the forecast period owing to the increasing industrialization and increased per capita disposable income.


 Segmentation


The global polyhydroxy butyrate market has been segmented based on type, end use, and region.


Based on type, the global market is classified into powder, film, sheet, and granules.


Based on end use, the global market has been classified into packaging, biomedical, consumer goods, agriculture, and others.


By region, the market has been categorized as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.


Key Players


Some of the key players in the global market are Biome Technologies PLC (UK), Kaneka Corporation (Japan), BASF SE (Germany), PolyFerm Canada (Canada), FULL CYCLE BIOPLASTICS(USA), Cardia Bioplastics (Australia), Tianjin GreenBio Materials Co., Ltd (China), TianAn Biologic Materials Co., Ltd. (China), Green Dot Bioplastics (USA), and AGRANA Beteiligungs-AG(Austria).


Intended Audience



  • Traders and distributors of polyhydroxy butyrate

  • Potential investors

  • Raw material suppliers

  • Polyhydroxy butyrate manufacturers

  • Distributors

  • Industry associations



TABLE OF CONTENTS

1 Executive Summary

2 Market Introduction

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

2.4 Key Takeaways

3 Market Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4 Market Dynamics of the Global Polyhydroxy Butyrate Market

4.1 Introduction

4.2 Drivers

4.3 Restraints

4.4 Opportunities

4.5 Challenges

4.6 Trends/Technology

5 Market Factor Analysis of the Global Polyhydroxy Butyrate Market

5.1 Supply Chain Analysis

5.1.1 Raw Material Suppliers

5.1.2 Manufacturers/Producers

5.1.3 Distributors/Retailers/Wholesalers/E-Commerce

5.1.4 End User

5.2 Porter’s Five Forces Analysis

5.2.1 Threat of New Entrants

5.2.2 Bargaining Power of Buyers

5.2.3 Bargaining Power of Suppliers

5.2.4 Threat of Substitutes

5.2.5 Intensity of Competitive Rivalry

5.3 Pricing Analysis


Global Polyhydroxy Butyrate Market, by Type


6.1 Introduction

6.2 Powder

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast, by Region, 2020-2027

6.3 Film

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast, by Region, 2020-2027

6.3 Sheet

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast, by Region, 2020-2027

6.3 Granules

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast, by Region, 2020-2027


Global Polyhydroxy Butyrate Market, by End-Use Industry


7.1 Introduction

7.2 Packaging

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast, by Region, 2020-2027

7.3 Biomedical

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast, by Region, 2020-2027

7.4 Consumer goods

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast, by Region, 2020-2027

7.5 Agriculture

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast, by Region, 2020-2027

7.6 Others

7.6.1 Market Estimates & Forecast, 2020-2027

7.6.2 Market Estimates & Forecast, by Region, 2020-2027


Global Polyhydroxy Butyrate Market, by Region


8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast, by Type, 2020-2027

8.2.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.2.4 US

8.2.4.1 Market Estimates & Forecast, 2020-2027

8.2.4.2 Market Estimates & Forecast, by Type, 2020-2027

8.2.4.3 Market Estimates & Forecast, End-Use Industry, 2020-2027

8.2.5 Canada

8.2.5.1 Market Estimates & Forecast, 2020-2027

8.2.5.2 Market Estimates & Forecast, by Type, 2020-2027

8.2.5.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast, by Type, 2020-2027

8.3.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.3.4 Germany

8.3.4.1 Market Estimates & Forecast, 2020-2027

8.3.4.2 Market Estimates & Forecast, by Type, 2020-2027

8.3.4.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.3.5 France

8.3.5.1 Market Estimates & Forecast, 2020-2027

8.3.5.2 Market Estimates & Forecast, by Type, 2020-2027

8.3.5.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.3.6 Italy

8.3.6.1 Market Estimates & Forecast, 2020-2027

8.3.6.2 Market Estimates & Forecast, by Type, 2020-2027

8.3.6.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.3.7 Spain

8.3.7.1 Market Estimates & Forecast, 2020-2027

8.3.7.2 Market Estimates & Forecast, by Type,2020-2027

8.3.7.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.3.8 UK

8.3.8.1 Market Estimates & Forecast, 2020-2027

8.3.8.2 Market Estimates & Forecast, by Type,2020-2027

8.3.8.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.3.9 Russia

8.3.9.1 Market Estimates & Forecast, 2020-2027

8.3.9.2 Market Estimates & Forecast, by Type,2020-2027

8.3.9.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.3.10 Poland

8.3.10.1 Market Estimates & Forecast, 2020-2027

8.3.10.2 Market Estimates & Forecast, by Type, 2020-2027

8.3.10.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.3.11 Rest of Europe

8.3.11.1 Market Estimates & Forecast, 2020-2027

8.3.11.2 Market Estimates & Forecast, by Type, 2020-2027

8.3.11.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast, by Type, 2020-2027

8.4.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.4.4 China

8.4.4.1 Market Estimates & Forecast, 2020-2027

8.4.4.2 Market Estimates & Forecast, by Type, 2020-2027

8.4.4.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.4.5 India

8.4.5.1 Market Estimates & Forecast, 2020-2027

8.4.5.2 Market Estimates & Forecast, by Type, 2020-2027

8.4.5.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2020-2027

8.4.6.2 Market Estimates & Forecast, by Type, 2020-2027

8.4.6.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.4.7 Australia & New Zealand

8.4.7.1 Market Estimates & Forecast, 2020-2027

8.4.7.2 Market Estimates & Forecast, by Type, 2020-2027

8.4.7.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.4.8 Rest of Asia-Pacific

8.4.8.1 Market Estimates & Forecast, 2020-2027

8.4.8.2 Market Estimates & Forecast, by Type, 2020-2027

8.4.8.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.5 Middle East & Africa

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast, by Type, 2020-2027

8.5.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.5.4 GCC

8.5.4.1 Market Estimates & Forecast, 2020-2027

8.5.4.2 Market Estimates & Forecast, by Type, 2020-2027

8.5.4.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.5.5 Israel

8.5.5.1 Market Estimates & Forecast, 2020-2027

8.5.5.2 Market Estimates & Forecast, by Type, 2020-2027

8.5.5.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.5.6 North Africa

8.5.6.1 Market Estimates & Forecast, 2020-2027

8.5.6.2 Market Estimates & Forecast, by Type, 2020-2027

8.5.6.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.5.7 Turkey

8.5.7.1 Market Estimates & Forecast, 2020-2027

8.5.7.2 Market Estimates & Forecast, by Type, 2020-2027

8.5.7.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.5.8 Rest of Middle East & Africa

8.5.8.1 Market Estimates & Forecast, 2020-2027

8.5.8.2 Market Estimates & Forecast, by Type, 2020-2027

8.5.8.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.6 Latin America

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast, by Type, 2020-2027

8.6.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.6.4 Brazil

8.6.4.1 Market Estimates & Forecast, 2020-2027

8.6.4.2 Market Estimates & Forecast, by Type, 2020-2027

8.6.4.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.6.5 Argentina

8.6.5.1 Market Estimates & Forecast, 2020-2027

8.6.5.2 Market Estimates & Forecast, by Type, 2020-2027

8.6.5.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.6.6 Mexico

8.6.6.1 Market Estimates & Forecast, 2020-2027

8.6.6.2 Market Estimates & Forecast, by Type, 2020-2027

8.6.6.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.6.7 Rest of Latin America

8.6.7.1 Market Estimates & Forecast, 2020-2027

8.6.7.2 Market Estimates & Forecast, by Type, 2020-2027

8.6.7.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027


Company Landscape


9.1 Introduction

9.2 Market Key Strategies

9.3 Key Development Analysis (Expansion/Merger & Acquisitions/Joint Venture/New Product Development/Agreement/Investment)


Company Profiles


10.1 BASF SE

10.1.1 Company Overview

10.1.2 Financial Updates

10.1.3 Product/Business Segment Overview

10.1.4 Key Strategies

10.1.5 Key Developments

10.1.6 SWOT Analysis

10.2 Kaneka Corporation

10.2.1 Company Overview

10.2.2 Financial Updates

10.2.3 Product/Business Segment Overview

10.2.4 Key Strategies

10.2.5 Key Developments

10.2.6 SWOT Analysis

10.3 Biome Technologies PLC

10.3.1 Company Overview

10.3.2 Financial Updates

10.3.3 Product/Business Segment Overview

10.3.4 Key Strategies

10.3.5 Key Developments

10.3.6 SWOT Analysis

10.4 PolyFerm Canada

10.4.1 Company Overview

10.4.2 Financial Updates

10.4.3 Product/Business Segment Overview

10.4.4 Key Strategies

10.4.5 Key Developments

10.4.6 SWOT Analysis

10.5 FULL CYCLE BIOPLASTICS

10.5.1 Company Overview

10.5.2 Financial Updates

10.5.3 Product/Business Segment Overview

10.5.4 Key Strategies

10.5.5 Key Developments

10.5.6 SWOT Analysis

10.6 Cardia Bioplastics

10.6.1 Company Overview

10.6.2 Financial Updates

10.6.3 Product/Business Segment Overview

10.6.4 Key Strategies

10.6.5 Key Developments

10.6.6 SWOT Analysis

10.7 Tianjin GreenBio Materials Co., Ltd

10.7.1 Company Overview

10.7.2 Financial Updates

10.7.3 Product/Business Segment Overview

10.7.4 Key Strategies

10.7.5 Key Developments

10.7.6 SWOT Analysis

10.8 TianAn Biologic Materials Co., Ltd.

10.8.1 Company Overview

10.8.2 Financial Updates

10.8.3 Product/Business Segment Overview

10.8.4 Key Strategies

10.8.5 Key Developments

10.8.6 SWOT Analysis

10.9 Green Dot Bioplastics

10.9.1 Company Overview

10.9.2 Financial Updates

10.9.3 Product/Business Segment Overview

10.9.4 Key Strategies

10.9.5 Key Developments

10.9.6 SWOT Analysis

10.10 AGRANA Beteiligungs-AG

10.10.1 Company Overview

10.10.2 Financial Updates

10.10.3 Product/Business Segment Overview

10.10.4 Key Strategies

10.10.5 Key Developments

10.10.6 SWOT Analysis


Conclusion


LIST OF TABLES


Table 1 Global Polyhydroxy Butyrate Market, by Region, 2020-2027

Table 2 North America: Polyhydroxy Butyrate Market, by Country, 2020-2027

Table 3 Europe: Polyhydroxy Butyrate Market, by Country, 2020-2027

Table 4 Asia-Pacific: Polyhydroxy Butyrate Market, by Country, 2020-2027

Table 5 Middle East & Africa: Polyhydroxy Butyrate Market, by Country, 2020-2027

Table 6 Latin America: Polyhydroxy Butyrate Market, by Country, 2020-2027

Table 7 Global Polyhydroxy Butyrate Type Market, by Regions, 2020-2027

Table 8 North America: Polyhydroxy Butyrate Type Market, by Country, 2020-2027

Table 9 Europe: Polyhydroxy Butyrate Type Market, by Country, 2020-2027

Table10 Asia-Pacific: Polyhydroxy Butyrate Type Market, by Country, 2020-2027

Table11 Middle East & Africa: Polyhydroxy Butyrate Type Market, by Country, 2020-2027

Table12 Latin America: Polyhydroxy Butyrate Type Market, by Country, 2020-2027

Table13 Global Polyhydroxy Butyrate End-Use Industry Market, by Regions, 2020-2027

Table14 North America: Polyhydroxy Butyrate End-Use Industry Market, by Country, 2020-2027

Table15 Europe: Polyhydroxy Butyrate End-Use Industry Market, by Country, 2020-2027

Table16 Asia-Pacific: Polyhydroxy Butyrate by End-Use Industry Market, by Country, 2020-2027

Table17 Middle East & Africa: Polyhydroxy Butyrate End-Use Industry Market, by Country, 2020-2027

Table18 Latin America: Polyhydroxy Butyrate End-Use Industry Market, by Country, 2016-2023

Table19 Global Type Market, by Region, 2020-2027

Table20 Global End-Use Industry Market, by Region, 2020-2027

Table21 North America: Polyhydroxy Butyrate Market, by Country, 2020-2027

Table22 North America: Polyhydroxy Butyrate Market, by Type, 2020-2027

Table23 North America: Polyhydroxy Butyrate Market, by End-Use Industry, 2020-2027

Table24 Europe: Polyhydroxy Butyrate Market, by Country, 2020-2027

Table25 Europe: Polyhydroxy Butyrate Market, by Type, 2020-2027

Table26 Europe: Polyhydroxy Butyrate Market, by End-Use Industry, 2020-2027

Table27 Asia-Pacific: Polyhydroxy Butyrate Market, by Country, 2020-2027

Table28 Asia-Pacific: Polyhydroxy Butyrate Market, by Type, 2020-2027

Table29 Asia-Pacific: Polyhydroxy Butyrate Market, by End-Use Industry, 2020-2027

Table30 Middle East & Africa: Polyhydroxy Butyrate Market, by Country, 2020-2027

Table31 Middle East & Africa: Polyhydroxy Butyrate Market, by Type, 2020-2027

Table32 Middle East & Africa: Polyhydroxy Butyrate Market, by End-Use Industry, 2020-2027

Table33 Latin America: Polyhydroxy Butyrate Market, by Country, 2020-2027

Table34 Latin America: Polyhydroxy Butyrate Market, by Type, 2020-2027

Table35 Latin America: Polyhydroxy Butyrate Market, by End-Use Industry, 2020-2027


LIST OF FIGURES


FIGURE 1 Global Polyhydroxy Butyrate Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of the Global Polyhydroxy Butyrate Market

FIGURE 4 Value Chain of the Global Polyhydroxy Butyrate Market

FIGURE 5 Global Polyhydroxy Butyrate Market, 2020-2027, by Country, 2020

FIGURE 6 Share of the Global Polyhydroxy Butyrate Market, by Type, 2020-2027

FIGURE 7 Global Polyhydroxy Butyrate Market Size, by Type, 2020

FIGURE 8 Share of the Global Polyhydroxy Butyrate Market, by Type, 2020-2027

FIGURE 9 Global Polyhydroxy Butyrate Market Size, by End-Use Industry, 2020

FIGURE10 Share of the Global Polyhydroxy Butyrate Market, by End-Use Industry, 2020-2027