Global PHA market value 2022-2029

Published by Statista Research Department, Jun 28, 2024
In 2024, the global market value of PHA was estimated to be 73.12 million U.S. dollars. This is expected to grow to almost 128 million U.S. dollars by 2029 due to the increased global demand for biodegradable plastics. This growth is fueled by government policies and regulations against single use plastics, among other concerns about plastic waste. Polyhydroxyalkanoate (PHA) is a type of bioplastic that is produced in nature, but also manufactured by humans due to its relative sustainability as a plastic material.

Market value of polyhydroxyalkanoate (PHA) worldwide in 2022, with a forecast for 2029 (in million U.S. dollars)

CharacteristicMarket value in million U.S. dollars
- -
- -
- -
- -
Showing entries 1 to 4 (4 entries in total)
Statistic: Market value of polyhydroxyalkanoate (PHA) worldwide in 2022, with a forecast for 2029 (in million U.S. dollars)

© Statista 2025
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

January 2024

Region

Worldwide

Survey time period

2022 and 2023

Supplementary notes

*Estimated as of January 2024.
**Forecast based on a CAGR of 11.8 percent during the forecast phase 2024-2029.
This statistic has been assembled using several editions of the press release from the source.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$1,299 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Bioplastic industry worldwide "

Other statistics that may interest you Bioplastic industry worldwide

Overview

3

Production

3

Segments

4

Market forecasts

4

Outlook

4

Further related statistics

18

Further Content: You might find this interesting as well

Statistics

Topics

Bioplastics industry worldwidePlastic packaging industry worldwidePlastics industry worldwideBioenergy worldwideChemical industry worldwide
All features, all contents, at all times: Learn more about our professional solutions.

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$1,299 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.