Asia Pacific Polyhydroxyalkanoates Market Size & Outlook
The polyhydroxyalkanoates market in Asia Pacific is expected to reach a projected revenue of US$ 297.3 million by 2030. A compound annual growth rate of 12.1% is expected of Asia Pacific polyhydroxyalkanoates market from 2024 to 2030.
Revenue, 2023 (US$M)
$133.9
Forecast, 2030 (US$M)
$297.3
CAGR, 2024 - 2030
12.1%
Report Coverage
Asia Pacific
Asia Pacific polyhydroxyalkanoates market highlights
- The Asia Pacific polyhydroxyalkanoates market generated a revenue of USD 133.9 million in 2023.
- The market is expected to grow at a CAGR of 12.1% from 2024 to 2030.
- In terms of segment, short chain length was the largest revenue generating type in 2023.
- Short Chain Length is the most lucrative type segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 133.9 million |
| Market revenue in 2030 | USD 297.3 million |
| Growth rate | 12.1% (CAGR from 2024 to 2030) |
| Largest segment | Short chain length |
| Fastest growing segment | Short Chain Length |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Short Chain Length |
| Key market players worldwide | Danimer Scientific Inc Ordinary Shares - Class A, Kaneka Corp, Procter & Gamble Co, Yield10 Bioscience Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 20.6% of the global polyhydroxyalkanoates market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 297.3 million by 2030.
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Polyhydroxyalkanoates Market Scope
Polyhydroxyalkanoates market segmentation & scope
End Use
Packaging
Agriculture
Textiles
Consumer Goods
Others
Countries
Canada
Mexico
U.S.
Germany
UK
Italy
Spain
France
China
India
Japan
South Korea
Taiwan
Argentina
Brazil
Saudi Arabia
South Africa
UAE
Polyhydroxyalkanoates Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Yield10 Bioscience Inc | View profile | 29 | 19 Presidential Way, Woburn, MA, United States, 01801 | https://www.yield10bio.com |
| Danimer Scientific Inc Ordinary Shares - Class A | View profile | 257 | 140 Industrial Boulevard, Bainbridge, GA, United States, 39817 | https://www.danimerscientific.com |
| Kaneka Corp | View profile | 13284 | 3-2-4, Nakanoshima, Kita-ku, Osaka, Japan, 530-8288 | http://www.kaneka.co.jp |
| Procter & Gamble Co | View profile | 107000 | One Procter and Gamble Plaza, Cincinnati, OH, United States, 45202 | https://www.pginvestor.com |
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