Polyhydroxybutyrate Market: Growth, Trends, and Future Outlook
The Polyhydroxybutyrate (PH market was valued at USD 178 Million in 2024 and is projected to grow to USD 643 Million by 2030, with a compound annual growth rate (CAGR) of 15.8% from 2024 to 2030. This rapid growth is driven by rising demand for bio-based plastics, stringent environmental regulations, and the growing emphasis on circular economy practices.
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