Polylactic Acid Global Market Report 2024

Global Polylactic Acid Market Report 2024

Polylactic Acid Global Market Report 2024 – By Type( Racemic PLLA, PDLA, Regular PLLA, PDLLA, PLA Blends), By Raw Material( Corn Starch, Sugarcane and Sugar Beet, Cassava, Other Raw Materials), By Form( Films and Sheets, Coatings, Fiber, Other Forms), By Application( Packaging, Agriculture, Transport, Electronics, Textiles) – Market Size, Trends, And Global Forecast 2024-2033

Name: Polylactic Acid Global Market Report 2024
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Polylactic Acid Global Market Report 2024

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Polylactic Acid Market Definition

Polylactic acid is a thermoplastic monomer derived from organic, renewable materials such as sugar cane or maize starch. Polylactic acids are made from biomass resources. It is used for sustainable packaging due to its exceptional clarity and environmental friendliness.

The main types of polylactic acid are racemic PLLA, PDLA, regular PLLA, PDLLA, and PLA blends. Racemic PLLA is a biocompatible and biodegradable synthetic polymer used to restore and reverse lipoatrophy (the loss of facial fat) in HIV-positive individuals. It is made up of various raw materials, including corn starch, sugarcane and sugar beet, cassava, and others. It comes in many forms, such as films and sheets, coatings, fiber, and others, which are used in packaging, agriculture, transport, electronics, and textiles.

Polylactic Acid Market Segmentation

The polylactic acid market covered in this report is segmented –

1) By Type: Racemic PLLA, PDLA, Regular PLLA, PDLLA, PLA Blends

2) By Raw Material: Corn Starch, Sugarcane and Sugar Beet, Cassava, Other Raw Materials

3) By Form: Films and Sheets, Coatings, Fiber, Other Forms

4) By Application: Packaging, Agriculture, Transport, Electronics, Textiles

Global Polylactic Acid Market Size 2023 to 2028: Graph

Polylactic Acid Market Size 2024 And Growth Rate

The polylactic acid market size has grown rapidly in recent years. It will grow from $1.34 billion in 2023 to $1.59 billion in 2024 at a compound annual growth rate (CAGR) of 18.2%. The growth in the historic period can be attributed to emergence of eco-friendly alternatives, rise in bioplastics demand, growth in packaging sector, consumer shift in preferences, commercialization efforts.

Polylactic Acid Market Growth Forecast

The polylactic acid market size is expected to see rapid growth in the next few years. It will grow to $3.18 billion in 2028 at a compound annual growth rate (CAGR) of 19.0%. The growth in the forecast period can be attributed to global awareness campaigns, expansion of end-use industries, supply chain development, emerging market demand, investment in r&d. Major trends in the forecast period include biodegradability and sustainability, environmental regulations, consumer awareness and preference, shift in packaging trends, market entry of large players.

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Polylactic Acid Market Driver: Rising Consumer Awareness Drives Growth In Polylactic Acid (PLA) Market

Growing awareness among consumers regarding green packaging and sustainability is expected to propel the growth of the polylactic acid (PLA) market. Green packaging, or sustainable packaging, uses materials and manufacturing processes to reduce energy consumption and diminish the adverse environmental effects of packaging. PLA is used for sustainable packaging because it is biodegradable and recyclable. It is created from renewable feedstock, polylactic acid (PLA). For instance, according to the 2021 Global Buying Green Report by Trivium Packaging, based on a survey of end users in Europe, North America, and South America, in 2021, 83% of consumers from younger generations demonstrated a willingness to pay more for sustainable packaging, up from 70% the year before. Therefore, growing awareness among consumers regarding green packaging and sustainability is driving the growth of the polylactic acid market.

Polylactic Acid Market Driver: Increasing Clinical Trials Is Anticipated To Fuel The Polylactic Acid Market

Increasing number of clinical trials is expected to propel the growth of the polylactic acid market going forward. Clinical trials are systematic investigations or studies conducted with human participants to assess a medical intervention's safety, efficacy, and potential side effects, such as a new drug, medical device, treatment, or preventive measure. Polylactic acid is being explored in clinical trials for its potential applications in biodegradable medical implants and drug delivery systems. For instance, in May 2023, Xtalks, a Canada-based advertising services company powered by Honeycomb Worldwide Inc., a provider of educational webinars and digital content, as of May 17, 2023, there are 452,604 registered clinical trials globally on ClinicalTrials.gov. This represents a significant increase from the over 365,000 registered trials reported in early 2021. Therefore, the increasing number of clinical trials is driving the polylactic acid market.

Global Polylactic Acid Market Major Players

Major companies operating in the polylactic acid market report are Total Corbion PLA, NatureWorks LLC, Futerro SA, COFCO Group, Jiangxi Keyuan Bio-Material Co. Ltd., Shanghai Tong-Jie-Liang Biomaterials Co. Ltd., Zhejiang Hisun Biomaterials Co. Ltd., Evonik Industries AG, Synbra Technology BV, BASF SE, Mitsubishi Chemical Holdings Corporation, Toray Industries Inc., Polyvel Inc., Musashino Chemical Laboratory Ltd., Radici Partecipazioni SpA, Anhui BBCA Biochemical Co. Ltd., Carbios SA, Chengdu Polyster Co. Ltd., Corbion N.V., Danimer Scientific Inc., FKuR Kunststoff GmbH, GC Innovation America, Good Natured Products Inc., Hainan Yisheng Petrochemical Co. Ltd., Hitachi Chemical Company Ltd., Jiangsu Jiuding New Material Co. Ltd., Kingfa Sci. & Tech. Co. Ltd., Nantong Jiuding Biological Engineering Co. Ltd., Shenzhen Esun Industrial Co. Ltd.

Global Polylactic Acid Market Trend: Technological Advancements In Polylactic Acid (PLA) Market

Technological advancement is a key trend gaining popularity in the polylactic acid market. Major companies in the polylactic acid market are advancing in technologies and research and development, such as injection molding technology, to provide better products and remain competitive in the market. With injection molding, plastic materials are heated to a molten state and then injected into a mold before being cooled and solidified. For instance, in October 2021, Total Corbion PLA, a US-based technology company, launched Luminy PLA (Poly Lactic Acid), the first commercially available bioplastic product of its sort worldwide. It is manufactured with chemically regenerated post-industrial and post-consumer waste. The commercial availability of rPLA can be used by companies to create products, including those with original food contact applications for which the manufacturer claims to have obtained certification.

Global Polylactic Acid Market Trend: Strategic Partnership To Expand Capabilities

Major companies operating in the polylactic acid market are entering into strategic partnerships to expand capabilities. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in May 2023, Xiamen Changsu Industrial Pte Ltd, a China-based BOPA (Biaxially Oriented PolyAmide) film manufacturer and supplier, partnered with TotalEnergies Corbion, a Netherlands-based producer of Poly Lactic Acid (PLA). The aim of this collaboration is to replace traditional fossil-based materials with BOPLA-based adhesive tapes created from Changsu's BiONLY, especially in China's postal sector.

Polylactic Acid Market Merger And Acquisition: Carbios Expands Biodegradation Capabilities With The Acquisition Of Carbiolice

In June 2021, Carbios, a France-based biochemistry company, acquired Carbiolice for $17.90 million (Euro 17.9 million). With this acquisition, Carbios is better positioned to broaden its activities involving the biodegradation of polymers beyond polylactic acid and develop a brand-new class of PLA-based polymers that are 100% biodegradable in every setting. Carbiolice Capital is a France-based company that specializes in polymers and polylactic acid.

Regional Outlook For The Global Polylactic Acid Market

North America was the largest region in the polylactic acid market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the polylactic acid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the polylactic acid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The polylactic acid market consists of sales of polylactic acid that are of thermoforming grade, injection molding grade, extrusion grade, and blow molding grade. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The polylactic acid market research report is one of a series of new reports from The Business Research Company that provides polylactic acid market statistics, including polylactic acid industry global market size, regional shares, competitors with a polylactic acid market share, detailed polylactic acid market segments, market trends and opportunities, and any further data you may need to thrive in the polylactic acid industry. This polylactic acid market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Polylactic Acid Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$1.59 billion
Revenue Forecast In 2033	$3.18 billion
Growth Rate	CAGR of 19% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Racemic PLLA, PDLA, Regular PLLA, PDLLA, PLA Blends 2) By Raw Material: Corn Starch, Sugarcane and Sugar Beet, Cassava, Other Raw Materials 3) By Form: Films and Sheets, Coatings, Fiber, Other Forms 4) By Application: Packaging, Agriculture, Transport, Electronics, Textiles
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Total Corbion PLA; NatureWorks LLC; Futerro SA; COFCO Group; Jiangxi Keyuan Bio-Material Co. Ltd.; Shanghai Tong-Jie-Liang Biomaterials Co. Ltd.; Zhejiang Hisun Biomaterials Co. Ltd.; Evonik Industries AG; Synbra Technology BV; BASF SE; Mitsubishi Chemical Holdings Corporation; Toray Industries Inc.; Polyvel Inc.; Musashino Chemical Laboratory Ltd.; Radici Partecipazioni SpA; Anhui BBCA Biochemical Co. Ltd.; Carbios SA; Chengdu Polyster Co. Ltd.; Corbion N.V.; Danimer Scientific Inc.; FKuR Kunststoff GmbH; GC Innovation America; Good Natured Products Inc.; Hainan Yisheng Petrochemical Co. Ltd.; Hitachi Chemical Company Ltd.; Jiangsu Jiuding New Material Co. Ltd.; Kingfa Sci. & Tech. Co. Ltd.; Nantong Jiuding Biological Engineering Co. Ltd.; Shenzhen Esun Industrial Co. Ltd.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Polylactic Acid Market Characteristics

3. Polylactic Acid Market Trends And Strategies

4. Polylactic Acid Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Polylactic Acid Market Size and Growth

5.1. Global Polylactic Acid Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Polylactic Acid Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Polylactic Acid Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Polylactic Acid Market Segmentation

6.1. Global Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Racemic PLLA

PDLA

Regular PLLA

PDLLA

PLA Blends

6.2. Global Polylactic Acid Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Corn Starch

Sugarcane and Sugar Beet

Cassava

Other Raw Materials

6.3. Global Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Films and Sheets

Coatings

Fiber

Other Forms

6.4. Global Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Packaging

Agriculture

Transport

Electronics

Textiles

7. Polylactic Acid Market Regional And Country Analysis

7.1. Global Polylactic Acid Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Polylactic Acid Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Polylactic Acid Market

8.1. Asia-Pacific Polylactic Acid Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Polylactic Acid Market

9.1. China Polylactic Acid Market Overview

9.2. China Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Polylactic Acid Market

10.1. India Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Polylactic Acid Market

11.1. Japan Polylactic Acid Market Overview

11.2. Japan Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Polylactic Acid Market

12.1. Australia Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Polylactic Acid Market

13.1. Indonesia Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Polylactic Acid Market

14.1. South Korea Polylactic Acid Market Overview

14.2. South Korea Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Polylactic Acid Market

15.1. Western Europe Polylactic Acid Market Overview

15.2. Western Europe Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Polylactic Acid Market

16.1. UK Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Polylactic Acid Market

17.1. Germany Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Polylactic Acid Market

18.5. France Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.6. France Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.7. France Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Polylactic Acid Market

19.9. Italy Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.10. Italy Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.11. Italy Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Polylactic Acid Market

20.13. Spain Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.14. Spain Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.15. Spain Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Polylactic Acid Market

21.1. Eastern Europe Polylactic Acid Market Overview

21.2. Eastern Europe Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Polylactic Acid Market

22.1. Russia Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Polylactic Acid Market

23.1. North America Polylactic Acid Market Overview

23.2. North America Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Polylactic Acid Market

24.1. USA Polylactic Acid Market Overview

24.2. USA Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Polylactic Acid Market

25.1. Canada Polylactic Acid Market Overview

25.2. Canada Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Polylactic Acid Market

26.1. South America Polylactic Acid Market Overview

26.2. South America Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Polylactic Acid Market

27.1. Brazil Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Polylactic Acid Market

28.1. Middle East Polylactic Acid Market Overview

28.2. Middle East Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Polylactic Acid Market

29.1. Africa Polylactic Acid Market Overview

29.2. Africa Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Polylactic Acid Market Competitive Landscape And Company Profiles

30.1. Polylactic Acid Market Competitive Landscape

30.2. Polylactic Acid Market Company Profiles

30.2.1. Total Corbion PLA

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. NatureWorks LLC

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Futerro SA

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. COFCO Group

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Jiangxi Keyuan Bio-Material Co. Ltd.

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Polylactic Acid Market Competitive Benchmarking

32. Global Polylactic Acid Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Polylactic Acid Market

34. Polylactic Acid Market Future Outlook and Potential Analysis

34.1 Polylactic Acid Market In 2028 - Countries Offering Most New Opportunities

34.2 Polylactic Acid Market In 2028 - Segments Offering Most New Opportunities

34.3 Polylactic Acid Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Polylactic Acid Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Polylactic Acid Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Polylactic Acid Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Total Corbion PLA Financial Performance

Table 76: NatureWorks LLC Financial Performance

Table 77: Futerro SA Financial Performance

Table 78: COFCO Group Financial Performance

Table 79: Jiangxi Keyuan Bio-Material Co. Ltd. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Polylactic Acid Market, Segmentation By Raw Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Polylactic Acid Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Polylactic Acid Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Polylactic Acid Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Polylactic Acid Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Polylactic Acid Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Total Corbion PLA Financial Performance

Figure 76: NatureWorks LLC Financial Performance

Figure 77: Futerro SA Financial Performance

Figure 78: COFCO Group Financial Performance

Figure 79: Jiangxi Keyuan Bio-Material Co. Ltd. Financial Performance

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Frequently Asked Questions

What is the definition of the polylactic acid market?

How will the polylactic acid market drivers and restraints affect the polylactic acid market dynamics? What forces will shape the polylactic acid industry going forward?

The polylactic acid market major growth driver - rising consumer awareness drives growth in polylactic acid (pla) market. For further insights on the polylactic acid market, request a sample here

What is the forecast market size or the forecast market value of the polylactic acid market ?

The polylactic acid market size has grown rapidly in recent years. It will grow from $1.34 billion in 2023 to $1.59 billion in 2024 at a compound annual growth rate (CAGR) of 18.2%. The growth in the historic period can be attributed to emergence of eco-friendly alternatives, rise in bioplastics demand, growth in packaging sector, consumer shift in preferences, commercialization efforts. The polylactic acid market size is expected to see rapid growth in the next few years. It will grow to $3.18 billion in 2028 at a compound annual growth rate (CAGR) of 19.0%. The growth in the forecast period can be attributed to global awareness campaigns, expansion of end-use industries, supply chain development, emerging market demand, investment in r&d. Major trends in the forecast period include biodegradability and sustainability, environmental regulations, consumer awareness and preference, shift in packaging trends, market entry of large players. For further insights on the polylactic acid market, request a sample here

How is the polylactic acid market segmented?

The polylactic acid market is segmentedThe polylactic acid market covered in this report is segmented –
1) By Type: Racemic PLLA, PDLA, Regular PLLA, PDLLA, PLA Blends
2) By Raw Material: Corn Starch, Sugarcane and Sugar Beet, Cassava, Other Raw Materials
3) By Form: Films and Sheets, Coatings, Fiber, Other Forms
4) By Application: Packaging, Agriculture, Transport, Electronics, TextilesFor further insights on the polylactic acid market, request a sample here

Which region has the largest share of the polylactic acid market? What are the other regions covered in the report?

North America was the largest region in the polylactic acid market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the polylactic acid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the polylactic acid market, request a sample here.

Who are the major players in the polylactic acid market?

What are the key trends in the polylactic acid market?

Major trend in the polylactic acid market - technological advancements in polylactic acid (pla) market. For further insights on the polylactic acid market, request a sample here.

What are the major opportunities in the polylactic acid market? What are the strategies for the polylactic acid market?

For detailed insights on the major opportunities and strategies in the polylactic acid market, request a sample here.

How does the polylactic acid market relate to the overall economy and other similar markets?

For detailed insights on polylactic acid market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the polylactic acid industry?

For detailed insights on the mergers and acquisitions in the polylactic acid industry, request a sample here.

What are the key dynamics influencing the polylactic acid market growth? SWOT analysis of the polylactic acid market.

For detailed insights on the key dynamics influencing the polylactic acid market growth and SWOT analysis of the polylactic acid industry, request a sample here.