Polylactic Acid (PLA) Market (Updated Version Available)

The report offers detailed coverage of Polylactic Acid (PLA) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Polylactic Acid (PLA) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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.
The leading companies, such as NatureWorks, have gained good reputation from customers, Although Chinese manufacturers are enlarging the market share through releasing more capacity, the country is still puzzled by the low-end Polylactic Acid (PLA). It is necessary for Chinese manufacturers to improve their technology to provide high performance products to customers.
As for regions, USA is the largest production base of PLA definitely, followed by China, with 12.05% production market share in 2017. When considering the consumption level, USA is also the largest consumer. In 2017, about 74319 MT PLA was consumed in the region.

The report forecast global Polylactic Acid (PLA) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Polylactic Acid (PLA) market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
NatureWorks
Synbra Technology
Teijin
Toray
Futerro
Toyobo
Sulzer
Uhde Inventa-Fischer
Hisun Biomaterials
Shanghai Tongjieliang
Jiuding Biological Engineering
Shenzhen Esun Industrial


At the same time, we classify Polylactic Acid (PLA) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Poly(L-lactic)acid
Poly(D-lactic)acid
Poly(DL-lactic)acid
Market by Application
Food & Beverage Packaging
Serviceware
Electronics & Appliances
Medical & Hygiene
Other

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Polylactic Acid (PLA) market for the forecast period 2021 - 2025?
• What are the driving forces in the Polylactic Acid (PLA) market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Polylactic Acid (PLA) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?