The global Polyhydroxyalkanoates (PHA) Films Market is on an impressive growth trajectory, expanding from USD 15.91 billion in 2025 to USD 36.76 billion by 2034, at a CAGR of 9.75% during the forecast period. This surge is driven by rising consumer demand for biodegradable and compostable packaging, heightened environmental awareness, and strict governmental regulations on single-use plastics.
🌍 Global Market Overview
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2025 Valuation: USD 15.91 billion
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2034 Projection: USD 36.76 billion
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CAGR (2025–2034): 9.75%
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Regional Leader (2025): Europe
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Fastest Growing Region: Asia Pacific
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Dominant Polymer Type: Short-chain length PHA (scl-PHA)
📦 Key Drivers of Growth
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Increasing adoption of eco-friendly packaging materials.
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Advances in material science technologies.
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Government policies favoring bioplastics over petrochemical plastics.
🌐 Top Polyhydroxyalkanoates Films Market Companies
Here’s a closer look at the leading players shaping the PHA films industry:
1. Danimer Scientific (USA)
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About: A pioneer in PHA biopolymer production, Danimer focuses on sustainable solutions for food packaging and other applications.
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Products: Nodax® PHA, biodegradable films, and resins.
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Market Cap: Approximately USD 600 million (as of 2025).
2. RWDC Industries (Singapore/USA)
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About: RWDC develops PHA-based materials using renewable feedstocks for global markets.
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Products: Solon® PHA, used in straws, cutlery, and films.
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Market Cap: Private company, estimated valuation around USD 1.2 billion.
3. Newlight Technologies (USA)
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About: Known for its AirCarbon® material, Newlight converts greenhouse gases into biodegradable plastics.
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Products: AirCarbon® for films, fashion, and foodware.
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Market Cap: Privately held, estimated USD 900 million.
4. Bio-on (Italy)
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About: A trailblazer in PHA innovation, currently undergoing restructuring.
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Products: Minerv PHA bioplastics for packaging and cosmetics.
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Market Cap: N/A (due to restructuring status).
5. TianAn Biologic Materials (China)
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About: Leading PHA manufacturer in China focusing on industrial and consumer applications.
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Products: TianAnPHA® films and resins.
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Market Cap: Privately held, estimated USD 450 million.
6. Kaneka Corporation (Japan)
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About: Diversified chemicals and materials company, strong in PHA bioplastics.
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Products: Kaneka Biodegradable Polymer PHBH™, films, and packaging.
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Market Cap: Approx. USD 6 billion.
7. Mango Materials (USA)
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About: Converts methane gas into high-value PHA biopolymers for sustainable products.
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Products: Biodegradable packaging films and fibers.
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Market Cap: Early-stage company, valuation ~USD 200 million.
8. Full Cycle Bioplastics (USA)
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About: Focused on turning organic waste into PHA bioplastics for circular economy applications.
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Products: PHA resins for films, packaging.
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Market Cap: Privately owned, valuation estimated at USD 100 million.
9. Tepha Inc. (USA)
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About: Specializes in medical-grade PHAs for biomedical applications.
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Products: TephaFLEX® films and fibers.
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Market Cap: Acquired by Becton Dickinson, part of a USD 70 billion market cap company.
10. Yield10 Bioscience (USA)
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About: Formerly Metabolix, develops sustainable PHA through agricultural innovation.
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Products: PHA-based films for agricultural and industrial use.
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Market Cap: Approx. USD 80 million.
11. NaturePlast (France)
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About: Offers bioplastic materials and expertise for eco-friendly packaging solutions.
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Products: Custom PHA compounds and films.
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Market Cap: Private company, valuation ~USD 50 million.
12. Bluepha Co., Ltd. (China)
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About: Biotech company focused on PHA production from renewable feedstocks.
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Products: Bluepha® PHA biopolymers for films and coatings.
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Market Cap: Private, estimated USD 300 million.
13. Cardia Bioplastics (Australia)
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About: Develops sustainable PHA and starch-based bioplastics.
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Products: Cardia Biohybrid™ and PHA films.
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Market Cap: Approx. USD 45 million.
14. PHB Industrial S.A. (Brazil)
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About: Brazilian leader in PHB (a type of PHA) for packaging and agricultural films.
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Products: PHB films, bags, and coatings.
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Market Cap: Private company, estimated USD 70 million.
15. Biome Bioplastics (UK)
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About: A UK-based bioplastics innovator supplying packaging and industrial markets.
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Products: BiomeHT® PHA films and compostable packaging.
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Market Cap: Approx. USD 30 million.
16. Genecis Bioindustries Inc. (Canada)
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About: Converts food waste into high-performance PHAs for diverse applications.
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Products: PHA resins for films and coatings.
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Market Cap: Early-stage company, valuation ~USD 50 million.
17. Tianjin GreenBio Materials Co., Ltd. (China)
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About: Focuses on producing PHA biopolymers for sustainable packaging.
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Products: GreenBio® PHA films and plastics.
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Market Cap: Estimated USD 100 million.
📈 Future Outlook
The PHA Films Market is poised for transformative growth, driven by sustainability mandates, advances in biopolymer technology, and expanding global production capacities. Leading companies are investing heavily in R&D to expand applications beyond packaging, into agriculture, textiles, and medical sectors.
Source : https://www.towardspackaging.com/insights/polyhydroxyalkanoates-films-market-sizing