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COVID-19 Recovery Analysis: Polyhydroxyalkanoate Market

LONDON--(BUSINESS WIRE)--Technavio has been monitoring the polyhydroxyalkanoate market and it is poised to grow by $ 18.66 mn during 2020-2024, progressing at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. View market snapshot before purchasing

The increasing demand for biodegradable plastics has been instrumental in driving the growth of the market. However, the cost-effectiveness of conventional plastics over PHAs might hamper the market growth.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. polyhydroxyalkanoate market report covers the following areas:

  • Polyhydroxyalkanoate Market Size
  • Polyhydroxyalkanoate Market Trends
  • Polyhydroxyalkanoate Market Industry Analysis
This study identifies increasing demand for PHAs in the biomedical industry as one of the prime reasons driving the polyhydroxyalkanoate market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Publication date: 21/09/2020

Business Wire


This project has received funding from the Bio Based Industries Joint Undertaking under the European Union’s Horizon 2020 research and innovation programme under grant agreement No 837761.