Global Polylactic Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Polylactic market.

Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the Polylactic market."
Polylactic acid (PLA) is an aliphatic polyester made up of lactic acid (2-hydroxy propionic acid) building blocks. It is also a biodegradable and compostable thermoplastic derived from renewable plant sources, such as starch and sugar. PLA can be processed through different production lines including injection molding, blow molding, thermoforming or extrusion, and further used to produce various items such as plastic films, bottles, and biodegradable medical devices.
Polylactic Acid (PLA) industry is a sunrise industry, breakpoint for blooming is coming. However, due to technical barrier and the risk of uncertain breakpoint of downstream demand, the manufacture end has very high concentration with NatureWorks accounting for largest share of 76.81% in 2017.

The leading companies, such as NatureWorks, have gained good reputation from customers, Although Chinese manufacturers are enlarging the market share through releasing more capacity, the country is still puzzled by the low-end Polylactic Acid (PLA). It is necessary for Chinese manufacturers to improve their technology to provide high performance products to customers.

The global Polylactic market is valued at 560 million US$ in 2018 is expected to reach 1390 million US$ by the end of 2025, growing at a CAGR of 12.1% during 2019-2025.
This report focuses on Polylactic volume and value at global level, regional level and company level. From a global perspective, this report represents overall Polylactic market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    NatureWorks
    Synbra Technology
    Teijin
    Toray
    Futerro
    Toyobo
    Sulzer
    Uhde Inventa-Fischer
    Hisun Biomaterials
    Shanghai Tongjieliang
    Jiuding Biological Engineering
    Shenzhen Esun Industrial

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Poly(L-lactic)acid
    Poly(D-lactic)acid
    Poly(DL-lactic)acid

Segment by Application
    Food & Beverage Packaging
    Serviceware
    Electronics & Appliances
    Medical & Hygiene
    Other