How much was the polylactic acid market size in 2023?

In 2023, the polylactic acid market size was valued at USD 838.69 million and is expected to be worth around USD 3,515.39 million by 2033. Read More

What is the CAGR of global polylactic acid market?

The polylactic acid market is growing with a CAGR of 15.4% from 2024 to 2033. Read More

Which factors are driving the polylactic acid market growth?

Increasing focus and initiatives of governments across the globe for the production and use of biodegradable products is major factor driving growth of the global polylactic acid market. Additionally, governments of developed as well as emerging economies are providing subsidies for the production of the polylactic acid which is expected to fuel growth of the target industry in the near future. Moreover, increasing preferences for the bioplastic over conventional plastic by the stakeholders on account of environmental safety and pollution control is among major factors propelling growth of the global market over the forecast period. Read More

How much is the revenue share of North America in the global polylactic acid market?

In 2023, North America dominated the global market with a market share of more than 38.83%. Read More

Why Asia Pacific region is anticipated to grow at the maximum CAGR in the polylactic acid market?

Asia Pacific anticipated to grow at the maximum CAGR in the forecast period due increasing implementation and focus on the government regulations in account to mitigate environmental concerns in the countries of the region especially in India, China and Japan of the region. Read More

Which segment accounted for the largest polylactic acid market share?

The packaging segment accounted for the largest revenue with significant share of around 36.94% in 2023. This is growth is due to the increasing demand for the packaging from food and beverage industry and cosmetic industries across the globe. Read More

Which major companies are functioning in the polylactic acid market?

The major companies functioning in the worldwide polylactic acid are Nature Works LLC, Corbion Purac, Chongqing bofei biochemical products co., ltd. Synbra, Futerro, Nantong Jiuding Biological Engineering Co. Ltd, Hisun Biomaterials among others. Read More

What are the uses of polylactic acid?

Polylactic acid is commonly preferred for the commercial purpose since it is derived from biomass. Demand for the polylactic acid is rapidly increasing for the manufacturing of medical devices, plastic bottles, and plastic films. Read More

Polylactic Acid Market Size, Share, and Trends 2024 to 2034

Polylactic Acid Market (By Raw Material: Corn starch, Sugarcane & sugar beet, Cassava, and Others; By Application: Packaging, Agriculture, Transport, Electronics, Textiles, Others) - Global Industry Analysis, Size, Share, Growth, Trends Analysis, Regional Outlook and Forecasts, 2024 - 2033

Last Updated : February 2024
Report Code : 1244
Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Polylactic Acids Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. COVID 19 Impact on Polylactic Acids Market

5.1. Covid-19: Polylactic Acids Industry Impact
5.2. Polylactic Acids Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Polylactic Acids Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Polylactic Acids Market Players to deal with Covid-19 Pandemic Scenario

Chapter 6. Polylactic Acids Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Governments initiatives for the production and use of biodegradable products
6.1.1.2. Increasing preferences for the bioplastic over conventional plastic
6.1.2. Market Restraints
6.1.2.1. Volatility in raw material prices
6.1.3. Market Opportunities
6.1.3.1. Emerging applications of PLA

Chapter 7. Global Polylactic Acids Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Polylactic Acids Market Revenue by Market Players
7.1.1.2. Polylactic Acids Market Revenue Market Share by Market Players
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Raw Material Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users

Chapter 8. Global Polylactic Acids Market, By Raw Material

8.1. Polylactic Acids Market, by Raw Material, 2024- 2033
8.1.1. Corn starch
8.1.1.1. Market Revenue and Forecast (2021- 2033)
8.1.2. Sugarcane & sugar beet
8.1.2.1. Market Revenue and Forecast (2021- 2033)
8.1.3. Cassava
8.1.3.1. Market Revenue and Forecast (2021- 2033)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2021- 2033)

Chapter 9. Global Polylactic Acids Market, By Application

9.1. Polylactic Acids Market, by Application, 2024- 2033
9.1.1. Packaging
9.1.1.1. Market Revenue and Forecast (2021- 2033)
9.1.2. Agriculture
9.1.2.1. Market Revenue and Forecast (2021- 2033)
9.1.3. Transport
9.1.3.1. Market Revenue and Forecast (2021- 2033)
9.1.4. Electronics
9.1.4.1. Market Revenue and Forecast (2021- 2033)
9.1.5. Textiles
9.1.5.1. Market Revenue and Forecast (2021- 2033)
9.1.6. Others
9.1.6.1. Market Revenue and Forecast (2021- 2033)

Chapter 10. Global Polylactic Acids Market, Regional Estimates and Trend Forecast

10.1. North America
10.1.1. Market Revenue Forecast by Raw Material(2021- 2033)
10.1.2. Market Revenue Forecast by Application (2021- 2033)
10.1.3. U.S
10.1.3.1. Market Revenue Forecast (2021- 2033)
10.1.4. Canada
10.1.4.1. Market Revenue Forecast (2021- 2033)
10.2. Europe
10.2.1. Market Revenue Forecast by Raw Material (2021- 2033)
10.2.2. Market Revenue Forecast by Application (2021- 2033)
10.2.3. UK
10.2.3.1. Market Revenue Forecast (2021- 2033)
10.2.4. Germany
10.2.4.1. Market Revenue Forecast (2021- 2033)
10.2.5. France
10.2.5.1. Market Revenue Forecast (2021- 2033)
10.2.6. Rest of EU
10.2.6.1. Market Revenue Forecast (2021- 2033)
10.3. Asia Pacific (APAC)
10.3.1. Market Revenue Forecast by Raw Material (2021- 2033)
10.3.2. Market Revenue Forecast by Application (2021- 2033)
10.3.3. China
10.3.3.1. Market Revenue Forecast (2021- 2033)
10.3.4. India
10.3.4.1. Market Revenue Forecast (2021- 2033)
10.3.5. Japan
10.3.5.1. Market Revenue Forecast (2021- 2033)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue Forecast (2021- 2033)
10.4. LATAM
10.4.1. Market Revenue Forecast by Raw Material (2021- 2033)
10.4.2. Market Revenue Forecast by Application (2021- 2033)
10.4.3. Brazil
10.4.3.1. Market Revenue Forecast (2021- 2033)
10.4.4. Rest of LATAM
10.4.4.1. Market Revenue Forecast (2021- 2033)
10.5. Middle East and Africa (MEA)
10.5.1. Market Revenue Forecast by Raw Material (2021- 2033)
10.5.2. Market Revenue Forecast by Application (2021- 2033)
10.5.3. GCC
10.5.3.1. Market Revenue Forecast (2021- 2033)
10.5.4. North Africa
10.5.4.1. Market Revenue Forecast (2021- 2033)
10.5.5. South Africa
10.5.5.1. Market Revenue Forecast (2021- 2033)
10.5.6. Rest of MEA
10.5.6.1. Market Revenue Forecast (2021- 2033)

Chapter 11. Company Profiles

11.1. NatureWorks LLC
11.1.1. Company Overview, Business Information, Regional Presence
11.1.2. Product Portfolio Analysis
11.1.2.1. Product Details, Specification, Application
11.1.3. Revenue, Price, and Gross Margin
11.1.4. Recent Developments and Strategies
11.2. Corbion Purac
11.2.1. Company Overview, Business Information, Regional Presence
11.2.2. Product Portfolio Analysis
11.2.2.1. Product Details, Specification, Application
11.2.3. Revenue, Price, and Gross Margin
11.2.4. Recent Developments and Strategies
11.3. Chongqing bofei biochemical products co., ltd.
11.3.1. Company Overview, Business Information, Regional Presence
11.3.2. Product Portfolio Analysis
11.3.2.1. Product Details, Specification, Application
11.3.3. Revenue, Price, and Gross Margin
11.3.4. Recent Developments and Strategies
11.4. Synbra
11.4.1. Company Overview, Business Information, Regional Presence
11.4.2. Product Portfolio Analysis
11.4.2.1. Product Details, Specification, Application
11.4.3. Revenue, Price, and Gross Margin
11.4.4. Recent Developments and Strategies
11.5. Futerro
11.5.1. Company Overview, Business Information, Regional Presence
11.5.2. Product Portfolio Analysis
11.5.2.1. Product Details, Specification, Application
11.5.3. Revenue, Price, and Gross Margin
11.5.4. Recent Developments and Strategies
11.6. Nantong Jiuding Biological Engineering Co. Ltd
11.6.1. Company Overview, Business Information, Regional Presence
11.6.2. Product Portfolio Analysis
11.6.2.1. Product Details, Specification, Application
11.6.3. Revenue, Price, and Gross Margin
11.6.4. Recent Developments and Strategies
11.7. Hisun Biomaterials
11.7.1. Company Overview, Business Information, Regional Presence
11.7.2. Product Portfolio Analysis
11.7.2.1. Product Details, Specification, Application
11.7.3. Revenue, Price, and Gross Margin
11.7.4. Recent Developments and Strategies

Chapter 12. Appendix

12.1. About Us
12.2. Glossary of Terms

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Polylactic Acid Market Size, Growth, Trends, Scope 2024-2033

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