The Global Poly Hydroxyalkanoate (PHA) Market was valued at USD 92.5 Million in 2024 and is projected to reach USD 215.3 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 14.7% during the forecast period (2024–2030). This exceptional growth is being fueled by the global movement away from petroleum-based plastics, stringent government regulations on single-use plastics, and the accelerating adoption of biodegradable polymer solutions across packaging, biomedical, food service, and agricultural sectors.

As the world transitions toward sustainable materials and the circular economy, PHA has emerged as one of the most promising solutions. Derived from microbial fermentation of renewable feedstocks, PHAs are fully biodegradable, biocompatible, and offer properties comparable to conventional plastics. In this blog, we profile the Top 10 Companies in the Poly Hydroxyalkanoate Industry—a dynamic mix of biotechnology innovators, chemical companies, and agricultural processors shaping the future of bioplastics.

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🔟 1. KANEKA Corporation

Headquarters: Tokyo, Japan
Key Offering: AONILEX™ (PHBH) biopolymer

Kaneka Corporation is a global pioneer and one of the largest producers of PHA bioplastics, with its proprietary AONILEX™ brand. Their PHA is produced from plant oils through a proprietary microbial fermentation process, resulting in a material with high biodegradability in various environments, including marine settings.

Sustainability Initiatives:

• Commercial-scale production of PHBH (Poly(3-hydroxybutyrate-co-3-hydroxyhexanoate)

• Focus on marine biodegradability to combat ocean plastic pollution

• Expanding manufacturing capacity to meet surging global demand

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Poly Hydroxyalkanoate Market – View in Detailed Research Report

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9️⃣ 2. Danimer Scientific

Headquarters: Bainbridge, Georgia, USA
Key Offering: Nodax™ PHA biopolymers

Danimer Scientific is a leading U.S.-based developer and manufacturer of PHA polymers. Their Nodax™ brand is recognized for its performance in applications like flexible packaging, food service ware, and agricultural films.

Sustainability Initiatives:

• Partnerships with major brands like PepsiCo and Bacardi for sustainable packaging

• Pioneering PHA production from a variety of renewable feedstocks, including used cooking oil

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8️⃣ 3. RWDC Industries

Headquarters: Athens, Georgia, USA (with significant operations in Singapore)
Key Offering: Solon™ PHA biopolymer

RWDC Industries utilizes advanced biorefinery processes to produce high-quality PHA. The company focuses on cost-effective production to make PHA a viable alternative for a wide range of single-use plastic items.

Sustainability Initiatives:

• Proprietary fermentation technology using sustainable plant-based oils

• Strategic focus on commercialization in Asia and North America

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7️⃣ 4. TianAn Biopolymer

Headquarters: Ningbo, China
Key Offering: ENMAT™ Y1000P PHA

TianAn Biopolymer, a subsidiary of TianAn Biologic Materials, is a major Chinese producer of PHA. They have developed a strong presence in both domestic and international markets.

Sustainability Initiatives:

• Large-scale PHA production capacity

• Integration of upstream raw material supply with downstream PHA production

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6️⃣ 5. Newlight Technologies

Headquarters: Huntington Beach, California, USA
Key Offering: AirCarbon™ PHA

Newlight Technologies has pioneered a novel carbon capture technology that converts greenhouse gases into PHA. Their AirCarbon™ material is used by companies like IKEA and Dell for carbon-negative products.

Sustainability Initiatives:

• Using methane and carbon dioxide as feedstock for PHA production

• Focus on creating a carbon-negative plastic alternative

Download FREE Sample Report:
Poly Hydroxyalkanoate Market – View in Detailed Research Report

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5️⃣ 6. Bio-On S.p.A.

Headquarters: Bologna, Italy
Key Offering: Minerv-PHA™ biopolymers

Bio-On specializes in producing ultra-pure PHA from agricultural by-products, such as sugar beet and cane molasses. Their focus on high-purity PHA makes it suitable for demanding applications in cosmetics and biomedical sectors.

Sustainability Initiatives:

• Focus on high-value applications like cosmetics and medical devices

• Applications in high-performance sectors including luxury goods and electronics

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4️⃣ 7. Shenzhen Ecomann Biotechnology Co., Ltd.

Headquarters: Shenzhen, China
Key Offering: Various PHA grades and copolymer formulations

Shenzhen Ecomann Biotechnology is a prominent Chinese player in the PHA market, focusing on bioplastics for packaging, fibers, and 3D printing.

Sustainability Initiatives:

• Development of PHA from mixed organic waste streams

• Strong R&D focus on cost reduction and performance enhancement

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3️⃣ 8. PolyFerm Canada

Headquarters: Vancouver, Canada
Key Offering: PHA biopolymers

PolyFerm Canada is a biotechnology company focused on the production of PHA using innovative fermentation technology.

Sustainability Initiatives:

• Utilizing non-food biomass and waste carbon sources for production

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2️⃣ 9. Tianjin GreenBio Materials Co., Ltd.

Headquarters: Tianjin, China
Key Offering: GreenBio™ PHA

Tianjin GreenBio Materials is a significant producer in the global PHA landscape, with a focus on expanding its market reach in Asia and Europe.

Sustainability Initiatives:

• Part of a large state-owned enterprise with integrated production capabilities

• Targeting applications in disposable tableware, shopping bags, and mulching films.

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1️⃣ 10. CJ CheilJedang

Headquarters: Seoul, South Korea
Key Offering: PHA biopolymers

CJ CheilJedang, a major Korean food and biotechnology company, has expanded into PHA production, leveraging its expertise in fermentation.

Sustainability Initiatives:

• Production of PHA using non-food biomass and industrial by-products

Get Full Report Here:
Poly Hydroxyalkanoate Market – View in Detailed Research Report

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🌍 Outlook: The Future of Poly Hydroxyalkanoate Is Scalable and Sustainable

The PHA market is experiencing a transformative phase, driven by technological innovation and increasing regulatory pressure on conventional plastics. Investment is accelerating as chemical companies recognize the long-term potential of biodegradable polymers to replace fossil-fuel-based plastics in numerous consumer and industrial applications.

📈 Key Trends Shaping the Market:

• Rapid capacity expansion in North America, Europe, and Asia-Pacific

• Growing consumer awareness and demand for environmentally friendly products

• Integration of PHA production with waste management and carbon capture systems

• Strategic partnerships between PHA producers and global brands to commercialize sustainable packaging solutions

Get Full Report Here:
Poly Hydroxyalkanoate Market – View in Detailed Research Report

The companies listed above are not only supplying innovative biopolymers—they’re pioneering the plastic revolution toward a truly circular economy.