The PHA industry is experiencing robust growth, driven by its wide range of applications and increasing demand for sustainable materials. PHA, or polyhydroxyalkanoates, are biodegradable polymers produced by microbial fermentation of renewable feedstocks. These natural polymers offer superior biodegradability and biocompatibility compared to traditional plastics, making them an attractive alternative in various industries.
One of the primary uses of PHA is in packaging materials. With growing environmental concerns, there is a rising demand for eco-friendly packaging solutions. PHA-based packaging offers many advantages, including reduced environmental impact, efficient waste management, and extended product shelf life. As consumers become more conscious of their purchasing decisions, the demand for PHA packaging is expected to rise significantly.
In addition to packaging, the biomedical sector represents another significant application area for PHA. The biocompatible nature of PHA makes it suitable for various medical applications, such as surgical sutures, drug delivery systems, and tissue engineering. These materials are gradually replacing traditional polymers like Polyethylene Terephthalate (PET), as they offer better biocompatibility and reduce the risk of adverse reactions.
Furthermore, the agricultural industry is also adopting PHA-based products. PHA films and coatings can be used for mulching, greenhouse covers, and seed coatings. These applications help improve crop productivity, reduce soil erosion, and enhance water-efficient farming practices, thereby promoting sustainable agriculture.
PHA is also finding its way into the food services sector. PHA-based single-use cutlery, cups, and food packaging takeaways offer an environmentally friendly alternative to traditional plastic utensils. As more food service providers prioritize sustainability, the demand for PHA-based products in this sector is expected to grow.
The global PHA market is projected to reach a size of US$86.3 million by 2022, with a compound annual growth rate of 10.66%. This growth is driven by the increasing adoption of sustainable materials and efforts to reduce plastic waste. Several major global manufacturers are leading the industry, including GreenBio Materials, Shenzhen Ecomann Technology, MHG, P&G Chemicals, Metabolix, Tian'an Biopolymer, Kaneka, Biomer, Newlight Technologies, and PHB Industrial.
Looking ahead, the prospects for the PHA industry seem promising. The push towards sustainable practices and stricter regulations on single-use plastics are expected to drive the demand for PHA materials and products. Additionally, advancements in production technologies and increasing research and development activities are likely to further enhance the properties and versatility of PHA, expanding its application areas.
In conclusion, the PHA industry is witnessing significant growth, driven by increasing awareness of environmental impact and the need for sustainable alternatives. With its biodegradable nature and diverse applications, PHA is poised to play a significant role in the packaging, biomedical, agricultural, food services, and other industries. The projected market growth and the presence of major global manufacturers highlight the promising future prospects for the PHA industry.
The SWOT analysis of the PHA industry is as follows:
Strengths:
1. Biodegradability: PHA (Polyhydroxyalkanoates) is a type of biopolymer that is produced by bacteria and is fully biodegradable. This is a significant advantage over conventional plastics, which take hundreds of years to decompose.
2. Versatility: PHA can be produced with different properties, allowing for a wide range of applications. It can be used to create flexible films, rigid packaging, fibers, and even medical implants.
3. Renewable source: PHA can be produced from renewable resources, such as plant sugars or agricultural byproducts, reducing reliance on fossil fuels.
4. Carbon neutral: The production of PHA is carbon neutral, as the bacteria used to produce PHA consume carbon dioxide during their growth.
5. Lower toxicity: Unlike traditional plastics, PHA does not release harmful chemicals when it degrades and does not have the same negative impact on ecosystems.
Weaknesses:
1. Cost: PHA production is currently more expensive than conventional plastics due to the complex production process and the cost of feedstocks.
2. Limited production capacity: Currently, there is limited production capacity for PHA, which restricts its availability and increases costs.
3. Lack of infrastructure: The infrastructure for PHA collection and processing is not as developed as for traditional plastics, limiting its adoption and use.
Opportunities:
1. Increasing consumer demand for sustainable products: As consumers become more environmentally conscious, there is a growing demand for sustainable alternatives to traditional plastics. This presents an opportunity for the PHA industry to meet this demand and expand its market share.
2. Government regulations and incentives: Governments around the world are implementing regulations and providing incentives to promote the use of biodegradable plastics. These initiatives can create a favorable market environment for PHA producers.
3. Collaborations and partnerships: Collaborations between PHA producers and other industries, such as packaging, agriculture, and medical, can lead to innovative applications and further market expansion.
Threats:
1. Competition from traditional plastics: Conventional plastics are still dominant in the market due to their lower cost and established infrastructure. This poses a threat to the growth and adoption of PHA.
2. Technological advancements of competitors: Other biodegradable plastic alternatives, such as PLA (polylactic acid), are also being developed and improved. Technological advancements in competing materials could pose a threat to the PHA industry.
3. Economic downturn: A global economic downturn could result in reduced consumer spending and limited investment in sustainable alternatives like PHA. This could hinder the growth and development of the industry.
Key players in global PHA market include:
GreenBio Materials, Shenzhen Ecomann Technology, MHG, P&G Chemicals, Metabolix, Tian’an Biopolymer, Kaneka, Biomer, Newlight Technologies, PHB Industrial.
Market segmentation, by product types:
PHB
PHBV
PHBHx
PHB4B
Market segmentation, by applications:
Packaging
Biomedical
Agricultural
Food Services
Others
1 Industry Overview of PHA
1.1 Research Scope
1.2 Market Segmentation by Types of PHA
1.3 Market Segmentation by End Users of PHA
1.4 Market Dynamics Analysis of PHA
1.4.1 Market Drivers
1.4.2 Market Challenges
1.4.3 Market Opportunities
1.4.4 Porter’s Five Forces
2 Major Manufacturers Analysis of PHA Industry
2.1 GreenBio Materials, Shenzhen Ecomann Technology, MHG, P&G Chemicals, Metabolix, Tian’an Biopolymer, Kaneka, Biomer, Newlight Technologies, PHB Industrial.
2.1.1 Company Overview
2.1.2 Main Products and Specifications
2.1.3 PHA Sales Volume, Revenue, Price and Gross Margin (2018-2023)
2.1.4 Contact Information
3 Global PHA Market Analysis by Regions, Manufacturers, Types and End Users
3.1 Global Sales Volume and Revenue of PHA by Regions (2018-2023)
3.2 Global Sales Volume and Revenue of PHA by Manufacturers (2018-2023)
3.3 Global Sales Volume and Revenue of PHA by Types (2018-2023)
3.4 Global Sales Volume and Revenue of PHA by End Users (2018-2023)
3.5 Selling Price Analysis of PHA by Regions, Manufacturers, Types and End Users in (2018-2023)
4 Northern America PHA Market Analysis by Countries, Types and End Users
4.1 Northern America PHA Sales Volume and Revenue Analysis by Countries (2018-2023)
4.2 Northern America PHA Sales Volume and Revenue Analysis by Types (2018-2023)
4.3 Northern America PHA Sales Volume and Revenue Analysis by End Users (2018-2023)
4.4 United States PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
4.5 Canada PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5 Europe PHA Market Analysis by Countries, Types and End Users
5.1 Europe PHA Sales Volume and Revenue Analysis by Countries (2018-2023)
5.2 Europe PHA Sales Volume and Revenue Analysis by Types (2018-2023)
5.3 Europe PHA Sales Volume and Revenue Analysis by End Users (2018-2023)
5.4 Germany PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.5 France PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.6 UK PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.7 Italy PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.8 Russia PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.9 Spain PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5.10 Netherlands PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6 Asia Pacific PHA Market Analysis by Countries, Types and End Users
6.1 Asia Pacific PHA Sales Volume and Revenue Analysis by Countries (2018-2023)
6.2 Asia Pacific PHA Sales Volume and Revenue Analysis by Types (2018-2023)
6.3 Asia Pacific PHA Sales Volume and Revenue Analysis by End Users (2018-2023)
6.4 China PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.5 Japan PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.6 Korea PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.7 India PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.8 Australia PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.9 Indonesia PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6.10 Vietnam PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7 Latin America PHA Market Analysis by Countries, Types and End Users
7.1 Latin America PHA Sales Volume and Revenue Analysis by Countries (2018-2023)
7.2 Latin America PHA Sales Volume and Revenue Analysis by Types (2018-2023)
7.3 Latin America PHA Sales Volume and Revenue Analysis by End Users (2018-2023)
7.4 Brazil PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7.5 Mexico PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7.6 Argentina PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7.7 Colombia PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8 Middle East & Africa PHA Market Analysis by Countries, Types and End Users
8.1 Middle East & Africa PHA Sales Volume and Revenue Analysis by Countries (2018-2023)
8.2 Middle East & Africa PHA Sales Volume and Revenue Analysis by Types (2018-2023)
8.3 Middle East & Africa PHA Sales Volume and Revenue Analysis by End Users (2018-2023)
8.4 Turkey PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8.5 Saudi Arabia PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8.6 South Africa PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8.7 Egypt PHA Sales Volume, Revenue, Import and Export Analysis (2018-2023)
9 Marketing Channel, Distributors and Traders Analysis
9.1 Marketing Channel
9.1.1 Direct Channel
9.1.2 Indirect Channel
9.2 Distributors and Traders
10 Global PHA Market Forecast by Regions, Countries, Manufacturers, Types and End Users
10.1 Global Sales Volume and Revenue Forecast of PHA by Regions (2024-2029)
10.2 Global Sales Volume and Revenue Forecast of PHA by Types (2024-2029)
10.3 Global Sales Volume and Revenue Forecast of PHA by End Users (2024-2029)
10.4 Global Revenue Forecast of PHA by Countries (2024-2029)
10.4.1 United States Revenue Forecast (2024-2029)
10.4.2 Canada Revenue Forecast (2024-2029)
10.4.3 Germany Revenue Forecast (2024-2029)
10.4.4 France Revenue Forecast (2024-2029)
10.4.5 UK Revenue Forecast (2024-2029)
10.4.6 Italy Revenue Forecast (2024-2029)
10.4.7 Russia Revenue Forecast (2024-2029)
10.4.8 Spain Revenue Forecast (2024-2029)
10.4.9 Netherlands Revenue Forecast (2024-2029)
10.4.10 China Revenue Forecast (2024-2029)
10.4.11 Japan Revenue Forecast (2024-2029)
10.4.12 Korea Revenue Forecast (2024-2029)
10.4.13 India Revenue Forecast (2024-2029)
10.4.14 Australia Revenue Forecast (2024-2029)
10.4.15 Indonesia Revenue Forecast (2024-2029)
10.4.16 Vietnam Revenue Forecast (2024-2029)
10.4.17 Brazil Revenue Forecast (2024-2029)
10.4.18 Mexico Revenue Forecast (2024-2029)
10.4.19 Argentina Revenue Forecast (2024-2029)
10.4.20 Colombia Revenue Forecast (2024-2029)
10.4.21 Turkey Revenue Forecast (2024-2029)
10.4.22 Saudi Arabia Revenue Forecast (2024-2029)
10.4.23 South Africa Revenue Forecast (2024-2029)
10.4.24 Egypt Revenue Forecast (2024-2029)
11 Industry Chain Analysis of PHA
11.1 Upstream Major Raw Materials and Equipment Suppliers Analysis of PHA
11.1.1 Major Raw Materials Suppliers with Contact Information Analysis of PHA
11.1.2 Major Equipment Suppliers with Contact Information Analysis of PHA
11.2 Downstream Major Consumers Analysis of PHA
11.3 Major Suppliers of PHA with Contact Information
11.4 Supply Chain Relationship Analysis of PHA
12 PHA New Project Investment Feasibility Analysis
12.1 PHA New Project SWOT Analysis
12.2 PHA New Project Investment Feasibility Analysis
12.2.1 Project Name
12.2.2 Investment Budget
12.2.3 Project Product Solutions
12.2.4 Project Schedule
13 PHA Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.2 References and Data Sources
14.2.1 Primary Sources
14.2.2 Secondary Paid Sources
14.2.3 Secondary Public Sources
14.3 Abbreviations and Units of Measurement
14.4 Author Details
14.5 Disclaimer
Table Types of PHA
Table End Users of PHA
Figure Market Drivers Analysis of PHA
Figure Market Challenges Analysis of PHA
Figure Market Opportunities Analysis of PHA
Table Market Drivers Analysis of PHA
Table GreenBio Materials, Shenzhen Ecomann Technology, MHG, P&G Chemicals, Metabolix, Tian’an Biopolymer, Kaneka, Biomer, Newlight Technologies, PHB Industrial. Information List
Figure PHA Picture and Specifications of GreenBio Materials, Shenzhen Ecomann Technology, MHG, P&G Chemicals, Metabolix, Tian’an Biopolymer, Kaneka, Biomer, Newlight Technologies, PHB Industrial.
Table PHA Sales Volume (MT), Price (USD/MT), Cost (USD/MT), Gross (USD/MT), Revenue (Million USD) and Gross Margin of GreenBio Materials, Shenzhen Ecomann Technology, MHG, P&G Chemicals, Metabolix, Tian’an Biopolymer, Kaneka, Biomer, Newlight Technologies, PHB Industrial. (2018-2023)
Figure PHA Sales Volume (MT) and Global Market Share of GreenBio Materials, Shenzhen Ecomann Technology, MHG, P&G Chemicals, Metabolix, Tian’an Biopolymer, Kaneka, Biomer, Newlight Technologies, PHB Industrial. (2018-2023)
Table Global Sales Volume (MT) of PHA by Regions (2018-2023)
Table Global Revenue (Million USD) of PHA by Regions (2018-2023)
Table Global Sales Volume (MT) of PHA by Manufacturers (2018-2023)
Table Global Revenue (Million USD) of PHA by Manufacturers (2018-2023)
Table Global Sales Volume (MT) of PHA by Types (2018-2023)
Table Global Revenue (Million USD) of PHA by Types (2018-2023)
Table Global Sales Volume (MT) of PHA by End Users (2018-2023)
Table Global Revenue (Million USD) of PHA by End Users (2018-2023)
Table Selling Price Comparison of Global PHA by Regions in (2018-2023) (USD/MT)
Table Selling Price Comparison of Global PHA by Manufacturers in (2018-2023) (USD/MT)
Table Selling Price Comparison of Global PHA by Types in (2018-2023) (USD/MT)
Table Selling Price Comparison of Global PHA by End Users in (2018-2023) (USD/MT)
Table Northern America PHA Sales Volume (MT) by Countries (2018-2023)
Table Northern America PHA Revenue (Million USD) by Countries (2018-2023)
Table Northern America PHA Sales Volume (MT) by Types (2018-2023)
Table Northern America PHA Revenue (Million USD) by Types (2018-2023)
Table Northern America PHA Sales Volume (MT) by End Users (2018-2023)
Table Northern America PHA Revenue (Million USD) by End Users (2018-2023)
Table United States PHA Import and Export (MT) (2018-2023)
Figure United States PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure United States PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table Canada PHA Import and Export (MT) (2018-2023)
Figure Canada PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure Canada PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table Europe PHA Sales Volume (MT) by Countries (2018-2023)
Table Europe PHA Revenue (Million USD) by Countries (2018-2023)
Table Europe PHA Sales Volume (MT) by Types (2018-2023)
Table Europe PHA Revenue (Million USD) by Types (2018-2023)
Table Europe PHA Sales Volume (MT) by End Users (2018-2023)
Table Europe PHA Revenue (Million USD) by End Users (2018-2023)
Table Germany PHA Import and Export (MT) (2018-2023)
Figure Germany PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure Germany PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table France PHA Import and Export (MT) (2018-2023)
Figure France PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure France PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table UK PHA Import and Export (MT) (2018-2023)
Figure UK PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure UK PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table Italy PHA Import and Export (MT) (2018-2023)
Figure Italy PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure Italy PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table Russia PHA Import and Export (MT) (2018-2023)
Figure Russia PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure Russia PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table Spain PHA Import and Export (MT) (2018-2023)
Figure Spain PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure Spain PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table Netherlands PHA Import and Export (MT) (2018-2023)
Figure Netherlands PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure Netherlands PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table Asia Pacific PHA Sales Volume (MT) by Countries (2018-2023)
Table Asia Pacific PHA Revenue (Million USD) by Countries (2018-2023)
Table Asia Pacific PHA Sales Volume (MT) by Types (2018-2023)
Table Asia Pacific PHA Revenue (Million USD) by Types (2018-2023)
Table Asia Pacific PHA Sales Volume (MT) by End Users (2018-2023)
Table Asia Pacific PHA Revenue (Million USD) by End Users (2018-2023)
Table China PHA Import and Export (MT) (2018-2023)
Figure China PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure China PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table Japan PHA Import and Export (MT) (2018-2023)
Figure Japan PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure Japan PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table Korea PHA Import and Export (MT) (2018-2023)
Figure Korea PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure Korea PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table India PHA Import and Export (MT) (2018-2023)
Figure India PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure India PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table Australia PHA Import and Export (MT) (2018-2023)
Figure Australia PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure Australia PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table Indonesia PHA Import and Export (MT) (2018-2023)
Figure Indonesia PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure Indonesia PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table Vietnam PHA Import and Export (MT) (2018-2023)
Figure Vietnam PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure Vietnam PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table Latin America PHA Sales Volume (MT) by Countries (2018-2023)
Table Latin America PHA Revenue (Million USD) by Countries (2018-2023)
Table Latin America PHA Sales Volume (MT) by Types (2018-2023)
Table Latin America PHA Revenue (Million USD) by Types (2018-2023)
Table Latin America PHA Sales Volume (MT) by End Users (2018-2023)
Table Latin America PHA Revenue (Million USD) by End Users (2018-2023)
Table Brazil PHA Import and Export (MT) (2018-2023)
Figure Brazil PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure Brazil PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table Mexico PHA Import and Export (MT) (2018-2023)
Figure Mexico PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure Mexico PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table Argentina PHA Import and Export (MT) (2018-2023)
Figure Argentina PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure Argentina PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table Colombia PHA Import and Export (MT) (2018-2023)
Figure Colombia PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure Colombia PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table Middle East & Africa PHA Sales Volume (MT) by Countries (2018-2023)
Table Middle East & Africa PHA Revenue (Million USD) by Countries (2018-2023)
Table Middle East & Africa PHA Sales Volume (MT) by Types (2018-2023)
Table Middle East & Africa PHA Revenue (Million USD) by Types (2018-2023)
Table Middle East & Africa PHA Sales Volume (MT) by End Users (2018-2023)
Table Middle East & Africa PHA Revenue (Million USD) by End Users (2018-2023)
Table Turkey PHA Import and Export (MT) (2018-2023)
Figure Turkey PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure Turkey PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table Saudi Arabia PHA Import and Export (MT) (2018-2023)
Figure Saudi Arabia PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure Saudi Arabia PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table South Africa PHA Import and Export (MT) (2018-2023)
Figure South Africa PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure South Africa PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table Egypt PHA Import and Export (MT) (2018-2023)
Figure Egypt PHA Sales Volume (MT) and Growth Rate (2018-2023)
Figure Egypt PHA Revenue (Million USD) and Growth Rate (2018-2023)
Table Global Sales Volume (MT) Forecast of PHA by Regions (2024-2029)
Table Global Revenue (Million USD) Forecast of PHA by Regions (2024-2029)
Table Global Sales Volume (MT) Forecast of PHA by Types (2024-2029)
Table Global Revenue (Million USD) Forecast of PHA by Types (2024-2029)
Table Global Sales Volume (MT) Forecast of PHA by End Users (2024-2029)
Table Global Revenue (Million USD) Forecast of PHA by End Users (2024-2029)
Table Major Raw Materials Suppliers with Contact Information of PHA
Table Major Equipment Suppliers with Contact Information of PHA
Table Major Consumers with Contact Information of PHA
Table Major Suppliers of PHA with Contact Information
Figure Supply Chain Relationship Analysis of PHA
Table New Project SWOT Analysis of PHA
Table Project Appraisal and Financing
Table New Project Construction Period
Table New Project Investment Feasibility Analysis of PHA
Table Research Programs/Design for This Report
Table Key Data Information from Primary Sources
Table Key Data Information from Secondary Sources
Table Part of Interviewees Record List of PHA Industry
Table Part of References List of PHA Industry
Table Units of Measurement List
Table Part of Author Details List of PHA Industry
HJ Research employs comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecast possible. At HJ Research, our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the PHA industry. Critical elements of methodology employed for all our studies include:
Secondary Sources:
The research team first works with national bureau of statistics, national customs, market research association, state information center, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Secondary sources are mainly from press releases, company reports and publications, non-profit organizations, industry associations, government publications, economic and demographic data and customs data. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Primary Research:
In the primary research process, for comprehensive understanding of the PHA market, it is essential to understand the complete value chain and in order to facilitate this, we collect data from PHA manufacturers, PHA raw material suppliers, PHA distributors as well as buyers. The primary sources from the supply side include PHA manufacturers, opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the PHA raw materials suppliers and producers, etc. The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users, and related key executives from various key companies and organizations operating in the global market.
Technical issues and trends are obtained from surveys, technical symposia and trade journals. Technical data is also gathered from intellectual property perspective, focusing on white space and freedom of movement. Industry dynamics with respect to drivers, restraints, pricing trends are also gathered.
Statistical Model and Data Analysis:
Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, and industry experience and domain expertise. Qualitative analysis includes: PHA industry landscape and trends, PHA market dynamics and key issues, PHA technology landscape, market opportunities, porter’s analysis and PESTEL analysis, PHA competitive landscape and component benchmarking, policy and regulatory scenario. Quantitative analysis includes: PHA market size and forecast by regions, PHA market size and forecast by application, PHA market size and forecast by types, PHA company market share etc.
Quality Control:
Before publishing, every report goes under a rigorous checking and editing process, which is done by experience management team to ensure the reliability of the published data. Each analyst in the research team receives support and on-going training which is part of the HJ Research’s internal quality process.
