Polylactic Acid Market

According to the research report, the global polylacticacid market size is expected to touch USD 2466.49 million by 2030, from USD 573.69 million in 2020, growing with a significant CAGR of 15.9% from 2021 to 2030.

Polylactic Acid Market Size 2017-2030

The polylactic acid market report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, research & development, and regional growth of the leading competitors operating in the market. The current trends of the global polylactic acid market in conjunction with the geographical landscape of this vertical have also been included in this report.

The report offers intricate dynamics about different aspects of the global polylactic acid market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global polylactic acid market during the forecast period. It also includes a key indicator assessment that highlights growth prospects of this market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).

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Market Scope

Report Highlights	Details
Market Size	US$ 2466.49 million by 2030
Growth Rate	CAGR of 15.9% from 2021 to 2030
Base Year	2020
Historic Data	2017 to 2020
Forecast Period	2021 to 2030
Segments Covered	Raw Material, Application
Regional Scope	North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)

This study covers a detailed segmentation of the global polylactic acid market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global polylactic acid market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.

Key Players

NatureWorks LLC
Corbion Purac
Chongqing bofei biochemical products co., ltd.
Synbra
Futerro
Nantong Jiuding Biological Engineering Co. Ltd
Hisun Biomaterials

Market Segmentation

By Raw Material

Corn starch
Sugarcane & sugar beet
Cassava
Others

By Application

Packaging
Agriculture
Transport
Electronics
Textiles
Others

By Geography

North America
- - U.S.
  - Canada
Europe
- - Germany
  - France
  - United Kingdom
  - Rest of Europe
Asia Pacific
- - China
  - Japan
  - India
  - Southeast Asia
  - Rest of Asia Pacific
Latin America
- - Brazil
  - Rest of Latin America
Middle East & Africa (MEA)
- - GCC
  - North Africa
  - South Africa
  - Rest of Middle East & Africa

Research Methodology

The research methodology adopted by analysts for compiling the global polylactic acid market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global polylactic acid market.

TABLE OF CONTENT

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 (2017 - 2020)
7.1.1.2. Polylactic Acids Market Revenue Market Share by Market Players (2017 - 2020)
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, 2017 - 2030
8.1.1. Corn starch
8.1.1.1. Market Revenue and Forecast (2017 - 2030)
8.1.2. Sugarcane & sugar beet
8.1.2.1. Market Revenue and Forecast (2017 - 2030)
8.1.3. Cassava
8.1.3.1. Market Revenue and Forecast (2017 - 2030)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2017 - 2030)

Chapter 9. Global Polylactic Acids Market, By Application

9.1. Polylactic Acids Market, by Application, 2017 - 2030
9.1.1. Packaging
9.1.1.1. Market Revenue and Forecast (2017 - 2030)
9.1.2. Agriculture
9.1.2.1. Market Revenue and Forecast (2017 - 2030)
9.1.3. Transport
9.1.3.1. Market Revenue and Forecast (2017 - 2030)
9.1.4. Electronics
9.1.4.1. Market Revenue and Forecast (2017 - 2030)
9.1.5. Textiles
9.1.5.1. Market Revenue and Forecast (2017 - 2030)
9.1.6. Others
9.1.6.1. Market Revenue and Forecast (2017 - 2030)

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

10.1. North America
10.1.1. Market Revenue Forecast by Raw Material(2017 - 2030)
10.1.2. Market Revenue Forecast by Application (2017 - 2030)
10.1.3. U.S
10.1.3.1. Market Revenue Forecast (2017 - 2030)
10.1.4. Canada
10.1.4.1. Market Revenue Forecast (2017 - 2030)
10.2. Europe
10.2.1. Market Revenue Forecast by Raw Material (2017 - 2030)
10.2.2. Market Revenue Forecast by Application (2017 - 2030)
10.2.3. UK
10.2.3.1. Market Revenue Forecast (2017 - 2030)
10.2.4. Germany
10.2.4.1. Market Revenue Forecast (2017 - 2030)
10.2.5. France
10.2.5.1. Market Revenue Forecast (2017 - 2030)
10.2.6. Rest of EU
10.2.6.1. Market Revenue Forecast (2017 - 2030)
10.3. Asia Pacific (APAC)
10.3.1. Market Revenue Forecast by Raw Material (2017 - 2030)
10.3.2. Market Revenue Forecast by Application (2017 - 2030)
10.3.3. China
10.3.3.1. Market Revenue Forecast (2017 - 2030)
10.3.4. India
10.3.4.1. Market Revenue Forecast (2017 - 2030)
10.3.5. Japan
10.3.5.1. Market Revenue Forecast (2017 - 2030)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue Forecast (2017 - 2030)
10.4. LATAM
10.4.1. Market Revenue Forecast by Raw Material (2017 - 2030)
10.4.2. Market Revenue Forecast by Application (2017 - 2030)
10.4.3. Brazil
10.4.3.1. Market Revenue Forecast (2017 - 2030)
10.4.4. Rest of LATAM
10.4.4.1. Market Revenue Forecast (2017 - 2030)
10.5. Middle East and Africa (MEA)
10.5.1. Market Revenue Forecast by Raw Material (2017 - 2030)
10.5.2. Market Revenue Forecast by Application (2017 - 2030)
10.5.3. GCC
10.5.3.1. Market Revenue Forecast (2017 - 2030)
10.5.4. North Africa
10.5.4.1. Market Revenue Forecast (2017 - 2030)
10.5.5. South Africa
10.5.5.1. Market Revenue Forecast (2017 - 2030)
10.5.6. Rest of MEA
10.5.6.1. Market Revenue Forecast (2017 - 2030)

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 (2017 - 2020)
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 (2017 - 2020)
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 (2017 - 2020)
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 (2017 - 2020)
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 (2017 - 2020)
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 (2017 - 2020)
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 (2017 - 2020)
11.7.4. Recent Developments and Strategies