CHAPTER 1. Industry Overview of Polylactic Acid Market
1.1. Definition and Scope
1.1.1. Definition of Polylactic Acid
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Polylactic Acid Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Polylactic Acid Market By Raw Material
1.2.3. Polylactic Acid Market By Application
1.2.4. Polylactic Acid Market By End Use
1.2.5. Polylactic Acid Market By Region
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.1.3. Driver 3
3.2. Restraints and Challenges
3.2.1. Restraint 1
3.2.2. Restraint 2
3.2.3. Restraint 3
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.3.3. Opportunity 3
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Polylactic Acid Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Polylactic Acid Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Raw Materials
3.8.2. Raw Material Suppliers
3.8.3. Proportion of Manufacturing Cost Structure
3.8.3.1. Raw Material
3.8.3.2. Labor Cost
3.8.3.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2023
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2023
4.2. R&D Status of Major Manufacturers in 2023
CHAPTER 5. Polylactic Acid Market By Raw Material
5.1. Introduction
5.2. Polylactic Acid Revenue By Raw Material
5.2.1. Polylactic Acid Revenue (USD Million) and Forecast, By Raw Material, 2020-2032
5.2.2. Corn Starch
5.2.2.1. Corn Starch Market Revenue (USD Million) and Growth Rate (%), 2020-2032
5.2.3. Sugarcane
5.2.3.1. Sugarcane Market Revenue (USD Million) and Growth Rate (%), 2020-2032
5.2.4. Cassava
5.2.4.1. Cassava Market Revenue (USD Million) and Growth Rate (%), 2020-2032
5.2.5. Others
5.2.5.1. Others Market Revenue (USD Million) and Growth Rate (%), 2020-2032
CHAPTER 6. Polylactic Acid Market By Application
6.1. Introduction
6.2. Polylactic Acid Revenue By Application
6.2.1. Polylactic Acid Revenue (USD Million) and Forecast, By Application, 2020-2032
6.2.2. Rigid Thermoform
6.2.2.1. Rigid Thermoform Market Revenue (USD Million) and Growth Rate (%), 2020-2032
6.2.3. Film & Sheets
6.2.3.1. Film & Sheets Market Revenue (USD Million) and Growth Rate (%), 2020-2032
6.2.4. Bottles
6.2.4.1. Bottles Market Revenue (USD Million) and Growth Rate (%), 2020-2032
6.2.5. Others
6.2.5.1. Others Market Revenue (USD Million) and Growth Rate (%), 2020-2032
CHAPTER 7. Polylactic Acid Market By End Use
7.1. Introduction
7.2. Polylactic Acid Revenue By End Use
7.2.1. Polylactic Acid Revenue (USD Million) and Forecast, By End Use, 2020-2032
7.2.2. Packaging
7.2.2.1. Packaging Market Revenue (USD Million) and Growth Rate (%), 2020-2032
7.2.3. Agriculture
7.2.3.1. Agriculture Market Revenue (USD Million) and Growth Rate (%), 2020-2032
7.2.4. Automotive & Transportation
7.2.4.1. Automotive & transportation Market Revenue (USD Million) and Growth Rate (%), 2020-2032
7.2.5. Electronics
7.2.5.1. Electronics Market Revenue (USD Million) and Growth Rate (%), 2020-2032
7.2.6. Textile
7.2.6.1. Textile Market Revenue (USD Million) and Growth Rate (%), 2020-2032
7.2.7. Consumer goods
7.2.7.1. Consumer Goods Market Revenue (USD Million) and Growth Rate (%), 2020-2032
7.2.8. Bio-medical
7.2.8.1. Bio-medical Market Revenue (USD Million) and Growth Rate (%), 2020-2032
7.2.9. Others
7.2.9.1. Others Market Revenue (USD Million) and Growth Rate (%), 2020-2032
CHAPTER 8. North America Polylactic Acid Market By Country
8.1. North America Polylactic Acid Market Overview
8.2. U.S.
8.2.1. U.S. Polylactic Acid Revenue (USD Million) and Forecast By Raw Material, 2020-2032
8.2.2. U.S. Polylactic Acid Revenue (USD Million) and Forecast By Application, 2020-2032
8.2.3. U.S. Polylactic Acid Revenue (USD Million) and Forecast By End Use, 2020-2032
8.3. Canada
8.3.1. Canada Polylactic Acid Revenue (USD Million) and Forecast By Raw Material, 2020-2032
8.3.2. Canada Polylactic Acid Revenue (USD Million) and Forecast By Application, 2020-2032
8.3.3. Canada Polylactic Acid Revenue (USD Million) and Forecast By End Use, 2020-2032
8.4. North America PEST Analysis
CHAPTER 9. Europe Polylactic Acid Market By Country
9.1. Europe Polylactic Acid Market Overview
9.2. U.K.
9.2.1. U.K. Polylactic Acid Revenue (USD Million) and Forecast By Raw Material, 2020-2032
9.2.2. U.K. Polylactic Acid Revenue (USD Million) and Forecast By Application, 2020-2032
9.2.3. U.K. Polylactic Acid Revenue (USD Million) and Forecast By End Use, 2020-2032
9.3. Germany
9.3.1. Germany Polylactic Acid Revenue (USD Million) and Forecast By Raw Material, 2020-2032
9.3.2. Germany Polylactic Acid Revenue (USD Million) and Forecast By Application, 2020-2032
9.3.3. Germany Polylactic Acid Revenue (USD Million) and Forecast By End Use, 2020-2032
9.4. France
9.4.1. France Polylactic Acid Revenue (USD Million) and Forecast By Raw Material, 2020-2032
9.4.2. France Polylactic Acid Revenue (USD Million) and Forecast By Application, 2020-2032
9.4.3. France Polylactic Acid Revenue (USD Million) and Forecast By End Use, 2020-2032
9.5. Spain
9.5.1. Spain Polylactic Acid Revenue (USD Million) and Forecast By Raw Material, 2020-2032
9.5.2. Spain Polylactic Acid Revenue (USD Million) and Forecast By Application, 2020-2032
9.5.3. Spain Polylactic Acid Revenue (USD Million) and Forecast By End Use, 2020-2032
9.6. Rest of Europe
9.6.1. Rest of Europe Polylactic Acid Revenue (USD Million) and Forecast By Raw Material, 2020-2032
9.6.2. Rest of Europe Polylactic Acid Revenue (USD Million) and Forecast By Application, 2020-2032
9.6.3. Rest of Europe Polylactic Acid Revenue (USD Million) and Forecast By End Use, 2020-2032
9.7. Europe PEST Analysis
CHAPTER 10. Asia Pacific Polylactic Acid Market By Country
10.1. Asia Pacific Polylactic Acid Market Overview
10.2. China
10.2.1. China Polylactic Acid Revenue (USD Million) and Forecast By Raw Material, 2020-2032
10.2.2. China Polylactic Acid Revenue (USD Million) and Forecast By Application, 2020-2032
10.2.3. China Polylactic Acid Revenue (USD Million) and Forecast By End Use, 2020-2032
10.3. Japan
10.3.1. Japan Polylactic Acid Revenue (USD Million) and Forecast By Raw Material, 2020-2032
10.3.2. Japan Polylactic Acid Revenue (USD Million) and Forecast By Application, 2020-2032
10.3.3. Japan Polylactic Acid Revenue (USD Million) and Forecast By End Use, 2020-2032
10.4. India
10.4.1. India Polylactic Acid Revenue (USD Million) and Forecast By Raw Material, 2020-2032
10.4.2. India Polylactic Acid Revenue (USD Million) and Forecast By Application, 2020-2032
10.4.3. India Polylactic Acid Revenue (USD Million) and Forecast By End Use, 2020-2032
10.5. Australia
10.5.1. Australia Polylactic Acid Revenue (USD Million) and Forecast By Raw Material, 2020-2032
10.5.2. Australia Polylactic Acid Revenue (USD Million) and Forecast By Application, 2020-2032
10.5.3. Australia Polylactic Acid Revenue (USD Million) and Forecast By End Use, 2020-2032
10.6. South Korea
10.6.1. South Korea Polylactic Acid Revenue (USD Million) and Forecast By Raw Material, 2020-2032
10.6.2. South Korea Polylactic Acid Revenue (USD Million) and Forecast By Application, 2020-2032
10.6.3. South Korea Polylactic Acid Revenue (USD Million) and Forecast By End Use, 2020-2032
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific Polylactic Acid Revenue (USD Million) and Forecast By Raw Material, 2020-2032
10.7.2. Rest of Asia-Pacific Polylactic Acid Revenue (USD Million) and Forecast By Application, 2020-2032
10.7.3. Rest of Asia-Pacific Polylactic Acid Revenue (USD Million) and Forecast By End Use, 2020-2032
10.8. Asia Pacific PEST Analysis
CHAPTER 11. Latin America Polylactic Acid Market By Country
11.1. Latin America Polylactic Acid Market Overview
11.2. Brazil
11.2.1. Brazil Polylactic Acid Revenue (USD Million) and Forecast By Raw Material, 2020-2032
11.2.2. Brazil Polylactic Acid Revenue (USD Million) and Forecast By Application, 2020-2032
11.2.3. Brazil Polylactic Acid Revenue (USD Million) and Forecast By End Use, 2020-2032
11.3. Mexico
11.3.1. Mexico Polylactic Acid Revenue (USD Million) and Forecast By Raw Material, 2020-2032
11.3.2. Mexico Polylactic Acid Revenue (USD Million) and Forecast By Application, 2020-2032
11.3.3. Mexico Polylactic Acid Revenue (USD Million) and Forecast By End Use, 2020-2032
11.4. Rest of Latin America
11.4.1. Rest of Latin America Polylactic Acid Revenue (USD Million) and Forecast By Raw Material, 2020-2032
11.4.2. Rest of Latin America Polylactic Acid Revenue (USD Million) and Forecast By Application, 2020-2032
11.4.3. Rest of Latin America Polylactic Acid Revenue (USD Million) and Forecast By End Use, 2020-2032
11.5. Latin America PEST Analysis
CHAPTER 12. Middle East & Africa Polylactic Acid Market By Country
12.1. Middle East & Africa Polylactic Acid Market Overview
12.2. GCC
12.2.1. GCC Polylactic Acid Revenue (USD Million) and Forecast By Raw Material, 2020-2032
12.2.2. GCC Polylactic Acid Revenue (USD Million) and Forecast By Application, 2020-2032
12.2.3. GCC Polylactic Acid Revenue (USD Million) and Forecast By End Use, 2020-2032
12.3. South Africa
12.3.1. South Africa Polylactic Acid Revenue (USD Million) and Forecast By Raw Material, 2020-2032
12.3.2. South Africa Polylactic Acid Revenue (USD Million) and Forecast By Application, 2020-2032
12.3.3. South Africa Polylactic Acid Revenue (USD Million) and Forecast By End Use, 2020-2032
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Polylactic Acid Revenue (USD Million) and Forecast By Raw Material, 2020-2032
12.4.2. Rest of Middle East & Africa Polylactic Acid Revenue (USD Million) and Forecast By Application, 2020-2032
12.4.3. Rest of Middle East & Africa Polylactic Acid Revenue (USD Million) and Forecast By End Use, 2020-2032
12.5. Middle East & Africa PEST Analysis
CHAPTER 13. Player Analysis Of Polylactic Acid Market
13.1. Polylactic Acid Market Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Raw Material Launches and Raw Material Enhancements
13.2.3. Mergers And Acquisition In Global Polylactic Acid Market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. Company Profile
14.1. Zhejiang Hisun Biomaterials Co., Ltd.
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (USD Million), 2023
14.1.3.2. Zhejiang Hisun Biomaterials Co., Ltd., 2023 Polylactic Acid Business Regional Distribution
14.1.4. Raw Material /Service and Specification
14.1.5. Recent Developments & Business Strategy
14.2. TotalEnergies Corbion
14.3. NatureWorks LLC.
14.4. Mitsubishi Chemical America, Inc.
14.5. Futerro
14.6. COFCO Group
14.7. Jiangxi Keyuan Biopharm Co.,Ltd.
14.8. UNITIKA LTD.
14.9. Shanghai Tong-jie-liang Biomaterials Co.,LTD.
14.10. BASF SE
14.11. Danimer Scientific
The polylactic acid market size was valued at USD 852.1 million in 2023.
The CAGR of polylactic acid is 18.6% during the analysis period of 2024 to 2032.
The key players operating in the global market are including Zhejiang Hisun Biomaterials Co., Ltd., TotalEnergies Corbion, NatureWorks LLC., Mitsubishi Chemical America, Inc., Futerro, COFCO Group, Jiangxi Keyuan Biopharm Co.,Ltd., UNITIKA LTD., Shanghai Tong-jie-liang Biomaterials Co.,LTD., BASF SE, and Danimer Scientific.
North America held the dominating position in polylactic acid industry during the analysis period of 2024 to 2032.
Asia-Pacific region exhibited fastest growing CAGR for market of polylactic acid during the analysis period of 2024 to 2032.
The current trends and dynamics in the polylactic acid industry include increasing consumer preference for eco-friendly and biodegradable materials, government regulations promoting the use of sustainable materials, and growing applications in packaging and biomedical industries.
The corn starch raw material held the maximum share of the polylactic acid industry.
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