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  "documentTitle": "Danimer Scientific (DNMR)",
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  "authorName": "Carson Block",
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  "presentationDate": "2021-09-15 00:00:00",
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  "notes": "The slide uses a combination of narrative critique and a visual breakdown of DNMR's TAM claims to argue that the company's projections are unrealistic.",
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      "text": "DNMR claims a TAM of 500 billion pounds of plastic to which analysts have ascribed a $800 billion to $1.0 trillion value. The below slide strikes us as ludicrous:",
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      "text": "Over 75% of the global plastic production finds it way into consumer homes...; PHA can be an alternative to a wide variety of petroleum based plastics...; Currently, bioplastics make up less than 1% of the global plastics market...",
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      "text": "800 Billion lbs Plastic Produced Annually; 17 Billion lbs Plastic in the Ocean Annually; 640 Billion lbs Plastic in Landfills Annually",
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      "text": "500 Billion lbs Of Plastic Waste Could be Eliminated by Danimer",
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      "text": "DNMR claims a TAM of 500 billion pounds of plastic to which analysts have ascribed a $800 billion to $1.0 trillion value. The below slide strikes us as ludicrous:",
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      "text": "One easy way of sanity-checking this claim is to search for estimates for the bioplastics. Of course such estimates vary widely, but we found none that remotely approached DNMR's PHA TAM claim. The 2020 bioplastics market estimates we found range from $3.5 billion to $9.2",
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