Global Polyhydroxy Butyrate Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Powder, Film, Sheet and Granules.

By End-User;

Packaging, Biomedical, Consumer Goods, Agriculture and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn022183391 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Polyhydroxy Butyrate Market (USD Million), 2021 - 2031

In the year 2024, the Global Polyhydroxy Butyrate Market was valued at USD 190.76 million. The size of this market is expected to increase to USD 633.35 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 18.7%.

The global Polyhydroxybutyrate (PHB) market is experiencing significant growth driven by increasing environmental concerns and the rising demand for biodegradable plastics. PHB, a type of biopolymer produced by microbial fermentation, offers a sustainable alternative to traditional petroleum-based plastics. Its natural biodegradability and compostability have made it a focal point in the push towards reducing plastic waste and environmental pollution.

Technological advancements in fermentation processes and genetic engineering are enhancing the production efficiency and cost-effectiveness of PHB. These innovations are broadening its application across various industries, including packaging, agriculture, and medical fields. As industries seek more eco-friendly materials to meet regulatory requirements and consumer preferences, the market for PHB is expanding rapidly.

The PHB market faces challenges such as high production costs and limited raw material availability. However, ongoing research and development efforts are focused on overcoming these barriers by optimizing production techniques and exploring new feedstock sources. As these challenges are addressed, PHB is poised to play a significant role in the transition towards a more sustainable and environmentally conscious global economy.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By End-User
    3. Market Snapshot, By Region
  4. Global Polyhydroxy Butyrate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising environmental concerns
        2. Increasing demand for biodegradable plastics
        3. Government regulations and incentives
      2. Restraints
        1. High production costs
        2. Limited availability of raw materials
        3. Performance limitations compared to conventional plastics
      3. Opportunities
        1. Technological advancements in production
        2. Expanding applications in various industries
        3. Growing interest in sustainable materials
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Polyhydroxy Butyrate Market, By Type, 2021 - 2031 (USD Million)
      1. Powder
      2. Film
      3. Sheet
      4. Granules
    2. Global Polyhydroxy Butyrate Market, By End-User, 2021 - 2031 (USD Million)
      1. Packaging
      2. Biomedical
      3. Consumer Goods
      4. Agriculture
      5. Others
    3. Global Polyhydroxy Butyrate Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Metabolix, Inc.
      2. Kaneka Corporation
      3. Mitsubishi Chemical Holdings Corporation
      4. Danimer Scientific
      5. Green Dot Bioplastics
      6. Tianan Biologic Materials Co., Ltd.
      7. PHB Industrial
      8. Bio-on S.p.A.
      9. NatureWorks LLC
      10. PolyOne Corporation
  7. Analyst Views
  8. Future Outlook of the Market