The report on the Global Polylactic Acid (PLA) Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Polylactic acid (PLA) is a high strength thermoplastic polymer that can be made from annually renewable resources such as cornstarch, tapioca roots, sugarcane, etc. Polylactic acid (PLA) is derived from sustainable resources, hence it is biodegradable and it is a compostable. Hence, it can be a potential help to reduce problems such as solid waste disposal.
Polylactic acid (PLA) finds significant number of applications in industries such as biodegradable polymers, packaging, agriculture, medical and pharmaceuticals, and personal care. Polylactic acid (PLA) is one of the most prominent biodegradable plastics market. Polylactic acid (PLA) based plastic is used in food and beverages packaging, consumer goods packaging, automobiles, agriculture, textiles and electronics. The largest segment is packaging of food and beverages. Polylactic acid (PLA) market for textiles is expected to grow fastest among these.
The global polylactic acid (PLA) market is expected to grow at a high CAGR. Major factors contributing to the growth of global polylactic acid (PLA) market includes increased bio-based production and huge demand from end-use industries. The problems such as rising crude oil prices and limited fossil fuel resources also contribute to the rising demand as plastics are mostly manufactured using these resources. The global concern over environmental sustainability, lead to the rising demand for green packaging. These factors have also initiated some favourable policies to find substitutes such as bioplastics. These bioplastics are contributing to the overall growth of global polylactic acid (PLA) market.
There are certain restraining factors to the global polylactic acid (PLA) market. Complete degradation of polylactic acid (PLA) requires specific composting system, which adds up to further asset requirements. However, reinforcement of polylactic acid (PLA) with materials such as natural fibres would bring economical and ecological benefits to the market. This will widen the gates for the global polylactic acid (PLA) market. The manufacturers are investing in their R&D sections to improve the polylactic acid (PLA) production process. These developments will witness new applications and better performance of the product.
Europe is the leader in the market and is expected to remain the same over the forecast period. Asia Pacific polylactic acid (PLA) market is expected to be the prospective growth market for the forecast period. In China, raw materials are found in abundance, thus manufacturers can take advantage of this to make profit.
The major manufacturers in the global polylactic acid (PLA) market are:
TABLE OF CONTENTS
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Polylactic Acid (Pla) Market
2.2. Global Polylactic Acid (Pla) Market Snapshot
3 . POLYLACTIC ACID (PLA) – INDUSTRY ANALYSIS
3.1. Introduction
3.2. Market Drivers of Polylactic Acid (Pla) Market
3.3. Market Restraints of Polylactic Acid (Pla) Market
3.4. Opportunities of Polylactic Acid (Pla) Market
3.5. Trends of Polylactic Acid (Pla) Market
3.6. Porter’s Five Force Analysis of Polylactic Acid (Pla) Market
3.7. Polylactic Acid (Pla) Market Attractiveness Analysis
3.7.1 Market Attractive Analysis by Applications
3.7.2 Market Attractive Analysis by Region
4 . VALUE CHAIN ANALYSIS
4.1. Polylactic Acid (Pla) Value Chain Analysis
4.2. Polylactic Acid (Pla) Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Polylactic Acid (Pla) Raw Material Manufactures List
4.2.3. Price Trend of Polylactic Acid (Pla) Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL POLYLACTIC ACID (PLA) MARKET ANALYSIS BY APPLICATIONS
5.1 Overview by Applications
5.2 Global Polylactic Acid (Pla) Market Analysis by Applications
5.3 Market Analysis of Packaging by Regions
5.4 Market Analysis of Textiles by Regions
5.5 Market Analysis of Agriculture by Regions
5.6 Market Analysis of Biomedical by Regions
5.7 Market Analysis of Electronics by Regions
5.8 Market Analysis of Others by Regions
6 . GLOBAL POLYLACTIC ACID (PLA) MARKET ANALYSIS BY GEOGRAPHY
6.1. Regional Outlook
6.2. Introduction
6.3. North America
6.3.1. Overview
6.3.2. North America Polylactic Acid (Pla) Market Estimate by Market Segment
6.3.3. North America Polylactic Acid (Pla) Market Estimate by Country
6.3.4. United State
6.3.5. Rest of North America
6.4. Europe
6.4.1. Overview
6.4.2. Europe Polylactic Acid (Pla) Market Estimate by Market Segment
6.4.3. Europe Polylactic Acid (Pla) Market Estimate by Country
6.4.4. United Kingdom
6.4.5. France
6.4.6. Germany
6.4.6 Rest of Europe
6.5. Asia Pacific
6.5.1. Overview
6.5.2. Asia Pacific Polylactic Acid (Pla) Market Estimate by Market Segment
6.5.3. Asia Pacific Polylactic Acid (Pla) Market Estimate by Country
6.5.4. China
6.5.5. Japan
6.5.6. India
6.5.6. Rest of Asia Pacific
6.6. Latin America
6.6.1. Overview
6.6.2. Latin America Polylactic Acid (Pla) Market Estimate by Market Segment
6.6.3. Latin America Polylactic Acid (Pla) Market Estimate by Country
6.6.4. Brazil
6.6.5. Rest of Latin America
6.7. Middle East & Africa
6.7.1. Overview
6.7.2. Middle East & Africa Polylactic Acid (Pla) Market Estimate by Market Segment
6.7.3. Middle East & Africa Polylactic Acid (Pla) Market Estimate by Country
6.7.4. Middle East
6.7.5. Africa
7 . COMPETITIVE LANDSCAPE OF THE POLYLACTIC ACID (PLA) COMPANIES
7.1. Polylactic Acid (Pla) Market Competition
7.2. Partnership/Collaboration/Agreement
7.3. Merger And Acquisitions
7.4. New Product Launch
7.5. Other Developments
8 . COMPANY PROFILES OF POLYLACTIC ACID (PLA) INDUSTRY
8.1. Company Share Analysis
8.2. Market Concentration Rate
8.3. NatureWorks LLC
8.3.1. Company Overview
8.3.2. Financials
8.3.3. Products
8.3.4. Recent Developments
8.4. Purac
8.4.1. Company Overview
8.4.2. Financials
8.4.3. Products
8.4.4. Recent Developments
8.5. Galactic
8.5.1. Company Overview
8.5.2. Financials
8.5.3. Products
8.5.4. Recent Developments
8.6. Pyramid Bioplastics
8.6.1. Company Overview
8.6.2. Financials
8.6.3. Products
8.6.4. Recent Developments
8.7. BASF,
8.7.1. Company Overview
8.7.2. Financials
8.7.3. Products
8.7.4. Recent Developments
8.8. Synbra
8.8.1. Company Overview
8.8.2. Financials
8.8.3. Products
8.8.4. Recent Developments
8.9. Bayer
8.9.1. Company Overview
8.9.2. Financials
8.9.3. Products
8.9.4. Recent Developments
8.10. Cargil
8.10.1. Company Overview
8.10.2. Financials
8.10.3. Products
8.10.4. Recent Developments
8.11. Danimer Scientific
8.11.1. Company Overview
8.11.2. Financials
8.11.3. Products
8.11.4. Recent Developments
8.12. E.I du Pont de Nemours
8.12.1. Company Overview
8.12.2. Financials
8.12.3. Products
8.12.4. Recent Developments
8.13. ExxonMobil
8.13.1. Company Overview
8.13.2. Financials
8.13.3. Products
8.13.4. Recent Developments
8.14. Futerro
8.14.1. Company Overview
8.14.2. Financials
8.14.3. Products
8.14.4. Recent Developments
8.15. Henan Jindan Lactic Acid Technology
8.15.1. Company Overview
8.15.2. Financials
8.15.3. Products
8.15.4. Recent Developments
8.16. Mitsubishi Chemical
8.16.1. Company Overview
8.16.2. Financials
8.16.3. Products
8.16.4. Recent Developments
8.17. Phusis
8.17.1. Company Overview
8.17.2. Financials
8.17.3. Products
8.17.4. Recent Developments
8.18. PTT Chemicals
8.18.1. Company Overview
8.18.2. Financials
8.18.3. Products
8.18.4. Recent Developments
8.19. Sulzer Chemtec
8.19.1. Company Overview
8.19.2. Financials
8.19.3. Products
8.19.4. Recent Developments
8.20. Teijin
8.20.1. Company Overview
8.20.2. Financials
8.20.3. Products
8.20.4. Recent Developments
8.21. The Dow Chemical
8.21.1. Company Overview
8.21.2. Financials
8.21.3. Products
8.21.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
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