Polyhydroxy Butyrate (PHB) Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Polyhydroxy Butyrate (PHB) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Polyhydroxy Butyrate (PHB) Price Trend for the Second Half of 2023

In the industrial sector, polyhydroxy butyrate is becoming more popular because of its biodegradability and renewability. In recent times, the polymer has become a desirable option since downstream industries are looking for sustainable alternatives to traditional plastics due to growing environmental concerns.

Polyhydroxy Butyrate (PHB) Price Chart

Polyhydroxy Butyrate (PHB) Price Trends and Forecast

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The production of the polymer is now more affordable and scalable due to biotechnological process developments, which have led to its diversification in a variety of industries, including packaging, biomedical applications, and agricultural films.

The end phase of the year 2023 experienced month-on-month fluctuations in the prices of polyhydroxy butyrate (PHB) as the shifting dynamics of consumer demand and rising challenges in the trading activities limited the availability of the material in some areas and raised the inventories in others.

However, in the first few months of H2, the rising awareness about the environmental benefits of biodegradable polymers such as PHB and rising government initiatives in this sector led to an increase in the number of sales and supported the uptrend in the prices of polyhydroxy butyrate (PHB). However, the market trajectory of packaging industries and delays in agricultural seasons projected a negative influence on the polyhydroxy butyrate (PHB) market, resulting in the oscillating motion of its prices during the end months of the year 2023.

Analyst Insight

According to Procurement Resource, the price of Polyhydroxy Butyrate (PHB) is expected to fluctuate on account of disruptions in European trade routes and shifts in consumer preferences.

Polyhydroxy Butyrate (PHB) Price Trend for the First Half of 2023

During the first two quarters of the year 2023, various factors contributed to determining PHB price trend. The rising need for more eco-friendly and biodegradable solutions called for high demands from bioplastics and packaging industries. It is also increasingly being used as a polymer blend for its brittleness and antimicrobial attributes. These factors supported the rising market trend.

However, the simplicity of its production, coupled with a consistent fall in crude oil and energy prices, kept a tap on the upstream costs, tugging the price trend from the other side. With these multiple influences, the Polyhydroxy Butyrate market remained afloat during the said period.

Analyst Insight

According to Procurement Resource, with the growing interest in environment-friendly and biodegradable plastics, Polyhydroxy Butyrate is gaining popularity; thus, the market is expected to grow further in the coming times.

Procurement Resource provides latest prices of Polyhydroxy Butyrate (PHB). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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Polyhydroxy Butyrate (PHB) is a thermoplastic polyester which can be easily thermoformed. It is a biopolymer that can be decomposed naturally like other organic wastes. PHB is a biopolymer obtained from certain microorganisms due to carbon assimilation (from glucose and starch). The most common type of polyhydroxy butyrate is poly-3-hydroxybutyrate or P3HB. PHB has many industrial applications due to its biocompatible nature, high tensile strength, and good resistance to UV light.

Product Details

Report Features Details
Product Name Polyhydroxy Butyrate (PHB)
Industrial Uses Pharmaceuticals, Drug delivery, Food Packaging, Plastic Tableware
CAS Number 26744-04-7
Chemical Formula (C4H6O2)n
Synonyms PHB, Poly[oxy(1-methyl-3-oxo-1,3-propanediyl)], (R,S)-β-butyrolactone homopolymer
Molecular Weight Variable
Supplier Database Kaneka Corporation, Biome Technologies PLC, BASF SE, PolyFerm Canada, Tianjin GreenBio Materials Co., Ltd
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Processes

  • Production of Polyhydroxy Butyrate (PHB) from Gasification

In this process, gasification of products like switchgrass and sugarcane bagasse to synthesis gas (syngas) takes place, which is fermented to PHB. The syngas containing CO2 and H2 are the critical sources for microorganisms like Ralstonia eutropha to produce PHB.


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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