The polylactic acid market size is poised to grow by $ 2466.49 million by 2030 with exhibiting a CAGR of 15.9% during the forecast period 2022 to 2030.
The main objective of this report is to define, describe, and forecast the global market by types, application, manufacturers, and regions. The report provides detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market. The report aims to strategically analyze the micro markets with respect to individual growth trends, prospects, and contributions to the global market. The report also attempts to forecast the market size of the 5 main regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It strategically profiles the key market players and comprehensively analyzes their core competencies. It also tracks and analyzes competitive developments, such as joint ventures, mergers and acquisitions, new developments, and Research and Development (R&D) activities, in market.
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COVID-19 Impact
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the electric vehicle fuel cell market in 2020.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
Major companies operating in this are
- 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
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- U.S.
- Canada
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- Europe
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- Germany
- France
- United Kingdom
- Rest of Europe
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- Asia Pacific
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- China
- Japan
- India
- Southeast Asia
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Rest of Latin America
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- Middle East & Africa (MEA)
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- GCC
- North Africa
- South Africa
- Rest of Middle East & Africa
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Major highlights of Report:
- Figures related to sales volume, market remuneration, and segmental shares
- Featuring market dynamics
- Growth prospects and expansion graph
- PROCON study of direct & indirect sales channels
- Profiles of prominent traders, dealer, and distributors in the industry
Geographical landscape: North America, Europe, Asia-Pacific, South America, Middle East and Africa
- Industry forecasts based on region and at country level
- Data about sales volume recorded, industry share held, and profit margins amassed
- Overall remuneration and estimated growth rate for each regional market
Major Key Points Covered in Report:
Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.
Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.
Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
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
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
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