Press release
Polylactic Acid (PLA) Market is presumed to grow at a CAGR of 5.5% during 2019-2025 - QYR
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 global Polylactic Acid (PLA) market is valued at 560 million US$ in 2018 is expected to reach 860 million US$ by the end of 2025, growing at a CAGR of 5.5% during 2019-2025. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
This report focuses on Polylactic Acid (PLA) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Polylactic Acid (PLA) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
Get PDF Version of this Report @ https://www.qyresearch.com/sample-form/form/958434/global-polylactic-acid-pla-market
The following manufacturers are covered:
NatureWorks
Synbra Technology
Teijin
Toray
Futerro
Toyobo
Sulzer
Uhde Inventa-Fischer
Hisun Biomaterials
Shanghai Tongjieliang
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Poly(L-lactic)acid
Poly(D-lactic)acid
Poly(DL-lactic)acid
Get Complete Report Within 24 hours @ https://www.qyresearch.com/settlement/pre/e7b8123504e3e7f74e2f269e12900608,0,1,Global%20Polylactic%20Acid%20PLA%20Market%20Outlook%202014-2025
Segment by Application
Food & Beverage Packaging
Serviceware
Electronics & Appliances
Medical & Hygiene
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