Abstract, Snapshot, Market Analysis & Market Definition: Polylactic Acid (PLA) 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.
In 2019, the market size of Polylactic Acid (PLA) is 588.7 million US$ and it will reach 856.4 million US$ in 2025, growing at a CAGR of 5.5% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Polylactic Acid (PLA). This report studies the global market size of Polylactic Acid (PLA), especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Polylactic Acid (PLA) production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: Polylactic Acid (PLA) Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Poly(L-lactic)acid
Poly(D-lactic)acid
Poly(DL-lactic)acid
Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Food & Beverage Packaging
Serviceware
Electronics & Appliances
Medical & Hygiene
Other
Key Players, Recent Developments & Sector Viewpoints: Polylactic Acid (PLA) Market
NatureWorks
Synbra Technology
Teijin
Toray
Futerro
Toyobo
Sulzer
Uhde Inventa-Fischer
Hisun Biomaterials
Shanghai Tongjieliang
Jiuding Biological Engineering
Shenzhen Esun Industrial
Key Insights Covered: Exhaustive Polylactic Acid (PLA) Market
1. Market size (sales, revenue and growth rate) of Polylactic Acid (PLA) industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Polylactic Acid (PLA) industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Polylactic Acid (PLA) industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Polylactic Acid (PLA) industry.
Research Methodology: Polylactic Acid (PLA) Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.