European Polylactic Acid (PLA) Market, Size, Share, Analysis Report & Forecast to 2026

European Polylactic Acid (PLA) Market is expected to grow at a CAGR of around 16.3% during the forecast period. Europe is one of the significant markets in the global PLA market. Owing to its well-established automotive industry, the demand for PLA polymers has increased in a considerable amount. PLA polymers are a renewable, economic and efficient substitute for conventional metal or plastic parts of automobiles. Europe is home to various major automotive companies and represents a significant share in the global automotive industry. Additionally, food packaging, medical and electronic industry together estimated to contribute to the demand for PLA polymers in the region.

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PLA polymer is used as a material for food packaging owing to its decomposable nature. PLA polymer is a rapidly substituting conventional plastic packaging material owing to stringent government regulations in the region. Major European countries such as UK, Germany, France, Spain are generating demand for packaged food. The region constitutes a considerable trade for food and agriculture products. In medical applications such as organ implants, surgeries, and others, PLA polymers are being used as a stent to replace original organs. Owing to its easy decomposable nature, PLA polymers are used as a material for anchors, screws, plates, pins, rods, and mesh.

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The market study of the European PLA market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings authenticity in our reports.

European Polylactic Acid (PLA) Market – Segmentation
by Raw Material
Corn-based PLA
Sugar-based PLA
Cassava-based PLA
Others
by Application
Packaging
Construction Material
Catering and Tableware
Agricultural Material
Consumer Goods
Electronic Material
Automobile
Others

European Polylactic Acid (PLA) Market – Segmentation by Region 
Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Company Profiles
BASF SE
Corbion N.V.
DuPont de Nemours, Inc.
Futerro SA
Merck KGaA
Mitsubishi Gas Chemical Co., Inc.
NatureWorks LLC
RadiciGroup SpA
ThyssenKrupp AG
Toray Industries, Inc.

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