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Polyhydroxyalkonates (PHA) are biodegradable polymers produced by microbial fermentation of glucose or sugar. PHA has been employed in orthopaedic fixing, tissue engineering, bioplastic manufacture, food services, packaging, pharmaceutical industry, and agriculture.
PHA’s innovative qualities can provide value to the applications in which they are utilised. It is envisaged that advances in the manufacturing of PHA would bring down its cost and make it a viable alternative to traditional plastic.
The demand for polyhydroxyalkanoates (PHA) for a variety of end-user applications such as packaging and food services, bio-medical, agriculture, wastewater treatment, cosmetics, 3D printing, and other applications is also raising consumer awareness about the toxicity of petroleum-based and sustainable eco-friendly bioplastics.
The Asia Pacific Polyhydroxyalkanoate (Pha) Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
Danimer Scientific, a leading next-generation bioplastics company focused on the development and production of biodegradable materials, announced today that it has signed a memorandum of understanding with,
Hyundai Heavy Industries Holdings’ oil refinery unit, to jointly develop global new market opportunities and applications for polyhydroxyalkanoate (“PHA”), a sustainable biopolymer that serves as a biodegradable alternative to traditional plastic.
The collaboration’s immediate goal is to provide Nodax, Danimer’s flagship PHA, and other PHA-based compounds developed by Danimer to commercial clients in South Korea and other Asian markets for sustainable single-use packaging and other applications. The firms want to develop global growth prospects for PHA production over time.