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Polylactic Acid Market Size - Global Industry, Share, Analysis, Trends and Forecast 2024 - 2032

Published : Aug 2024

Report ID: ARC941

Pages : 250

Format : Polylactic Acid Market Size - Global Industry, Share, Analysis, Trends and Forecast 2024 - 2032

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

Frequently Asked Questions

How big is the polylactic acid market?

The polylactic acid market size was valued at USD 852.1 million in 2023.

What is the CAGR of the global polylactic acid market from 2024 to 2032?

The CAGR of polylactic acid is 18.6% during the analysis period of 2024 to 2032.

Which are the key players in the polylactic acid market?

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.

Which region dominated the global polylactic acid market share?

North America held the dominating position in polylactic acid industry during the analysis period of 2024 to 2032.

Which region registered fastest CAGR from 2024 to 2032?

Asia-Pacific region exhibited fastest growing CAGR for market of polylactic acid during the analysis period of 2024 to 2032.

What are the current trends and dynamics in the global polylactic acid industry?

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.

Which raw material held the maximum share in 2023?

The corn starch raw material held the maximum share of the polylactic acid industry.

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