How big is the Market for PHA | Industry Size & Growth Opportunities 2025

Q: What is the current size of the PHA market?

It was valued at USD 115 Million in 2024 and is expected to reach USD 385 Million by 2031.

Q: What is the CAGR of the PHA market?

The PHA market is projected to grow at a CAGR of 18.60% from 2025 to 2031.

Q: What drives growth in the PHA market?

Rising eco-consciousness, regulatory bans on plastics, and demand for biodegradable solutions drive growth.

Q: What are the main applications of PHA?

Packaging, agriculture films, biomedical products, textiles, and consumer goods.

Q: Which region leads the PHA market?

Europe leads due to strict environmental policies, while Asia-Pacific is growing rapidly with industrial expansion.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA7519

Publication Date: Aug 2025

How big is the PHA market?

According to 6Wresearch internal database and industry insights, the PHA (Polyhydroxyalkanoates) Market was valued at USD 115 Million in 2024 and is expected to reach USD 385 Million by 2031, growing at a compound annual growth rate of 18.60% during the forecast period of 2025 to 2031.

The growth is driven by increasing demand for sustainable and biodegradable plastics, supportive government regulations on single-use plastics, and rising environmental awareness among consumers.

Key Growth Drivers of the PHA Market

Increasing demand of environment-friendly solutions to plastics made of petroleum
Positive policies and prohibitions of traditional single-use plastics
Greater R&D investments and bioplastics scalability of production
The increased needs of packaging, biomedical and agriculture industries
Underpinning by international sustainability objectives and company ESG pledges

PHA Market Trends

PHA market is witnessing trends such as increasing commercial adoption in food packaging and agricultural films. PHA is also of increasing interest as a biomedical material in drug delivery, and tissue engineering. The companies are also concentrating on the low-cost fermentation in increasing the yields. The partnership with FMCG brands in sustainability package is growing. It is important that the consumers prefer biodegradable and compostable products that are directing the market strongly.

Emerging Developments in the PHA Market

The PHA market has promising growth such as mixed culture fermentation innovation and production of PHA from waste. Firms are coming up with superior PHA mixes to ensure a better shelf life and durability. One has the growth of pilot line plants to large scales of manufacturing. Incorporation of AI and automation during production of PHA is enhancing efficiency. Retail and municipal collaborations are enabling the end-of-life composting solutions and work in circular economy.

List of Leading Companies in the PHA Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Danimer Scientific

Company Name	Danimer Scientific
Established Year	2004
Headquarters	Georgia, USA
Official Website	Click Here

Danimer Scientific develops PHA-based biodegradable plastics used in packaging, food service, and agriculture, focusing on sustainable, marine-safe alternatives.

2. CJ Biomaterials (CJ CheilJedang)

Company Name	CJ Biomaterials (CJ CheilJedang)
Established Year	1953
Headquarters	Seoul, South Korea
Official Website	*Click Here*

CJ Biomaterials produces PHA biopolymers through microbial fermentation, offering eco-friendly materials for packaging, cosmetics, and consumer products.

3. Newlight Technologies

Company Name	Newlight Technologies
Established Year	2003
Headquarters	California, USA
Official Website	*Click Here*

Newlight manufactures Air Carbon, a PHA material derived from greenhouse gases, used in fashion, food ware, and packaging with a strong climate-positive impact.

4. Kaneka Corporation

Company Name	Kaneka Corporation
Established Year	1949
Headquarters	Osaka, Japan
Official Website	*Click Here*

Kaneka offers PHBH, a specialty PHA biopolymer with excellent biodegradability, serving food packaging, medical devices, and compostable consumer applications.

5. RWDC Industries

Company Name	RWDC Industries
Established Year	2015
Headquarters	Georgia, USA / Singapore
Official Website	*Click Here*

RWDC produces Solon PHA, a biodegradable polymer for replacing single-use plastics in straws, cutlery, and packaging, emphasizing circular economy principles.

6. TianAn Biologic Materials Co., Ltd.

Company Name	TianAn Biologic Materials Co., Ltd.
Established Year	2000
Headquarters	Ningbo, China
Official Website	-

TianAn is a leading manufacturer of PHBV-based bioplastics under the ENMAT brand, supplying packaging and agricultural markets with certified compostable materials.

7. Full Cycle Bioplastics

Company Name	Full Cycle Bioplastics
Established Year	2014
Headquarters	California, USA
Official Website	-

Full Cycle converts organic waste into PHA bioplastics, offering a zero-waste solution for sustainable packaging, agriculture, and single-use alternatives.

8. Blue PHA Co., Ltd.

Company Name	Blue PHA Co., Ltd.
Established Year	2016
Headquarters	Beijing, China
Official Website	*Click Here*

Blue PHA focuses on marine-degradable PHA bioplastics made from renewable carbon sources, targeting packaging, agriculture, and personal care applications.

9. Yield10 Bioscience

Company Name	Yield10 Bioscience
Established Year	1992
Headquarters	Massachusetts, USA
Official Website	*Click Here*

Yield10 focuses on genetically engineered crops for cost-effective PHA production, aiming to scale biodegradable plastics through agricultural innovation.

10. Danisco / DuPont (Historical Contributor)

Company Name	Danisco / DuPont (Historical Contributor)
Established Year	-
Headquarters	Delaware, USA
Official Website	-

Danisco made early contributions to PHA R&D before acquisition by DuPont and later IFF, influencing industrial biotechnology and early-stage bioplastic innovation.