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Polylactic Acid (PLA) Market size to touch USD 1346.7 Million by 2028: Valuates Reports

02-15-2022 06:48 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Polylactic Acid (PLA) Market size to touch USD 1346.7 Million

The global polylactic acid market size is estimated to be worth US$ 1108.3 million in 2022 and is projected to reach US$ 1346.7 million by 2028 with a CAGR of 3.3% during the forecast period.

Polylactic Acid (PLA), also known as Polylactide (Polylactide), is a kind of aliphatic polyester.Polylactic acid (PLA) is a kind of biodegradable polymer material, which is made from biomass materials such as sugar, starch and cellulose by fermentation and then polymerized into PLA polymer materials. Global Polylactic Acid(PLA) key players include NatureWorks, Total Corbion, BEWiSynbra, Teijin, Toray etc. Global top five manufacturers hold a Production Market Share over 80%. North America accounts for the most Sales Market Share, which have a share over 30%, followed by China. In terms of product, Injection Molding Grade is the largest segment, with a Revenue Market Share over 65%. And in terms of application, the largest Application is Tableware and Utensils, followed by Food and Beverage Packaging.

Polylactic Acid (PLA) market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Polylactic Acid (PLA) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Get Detailed Analysis of COVID-19 Impact on Polylactic Acid Masks Market @ https://reports.valuates.com/request/customisation/QYRE-Auto-V248/Global_Polylactic_Acid_PLA_Market

Polylactic Acid Market by Type
➣Injection Molding Grade PLA
➣Film Grade PLA
➣Sheet Grade PLA
➣Fiber Grade PLA

Polylactic Acid Market by Application
➣Tableware and Utensils
➣Food and Beverage Packaging
➣Electronics and Electrical Appliances
➣Medical and Personal Care
➣3D Printing Consumables
➣Other

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-V248/global-polylactic-acid-pla

Polylactic Acid Market by Regional and Country-level Analysis
➣North America
➣United States
➣Canada
➣Asia-Pacific
➣China
➣Japan
➣South Korea
➣India
➣Southeast Asia
➣Australia
➣Rest of Asia-Pacific
➣Europe
➣Germany
➣France
➣U.K.
➣Italy
➣Russia
➣Nordic Countries
➣Rest of Europe
➣Latin America
➣Mexico
➣Brazil
➣Rest of Latin America
➣Middle East & Africa
➣Turkey
➣Saudi Arabia
➣UAE
➣Rest of MEA

List of Key Players in the Polylactic Acid Market
➣NatureWorks
➣Total Corbion
➣BEWiSynbra
➣Teijin
➣Toray
➣Futerro
➣Sulzer
➣Unitika
➣HISUN
➣Shanghai TONGJIELIANG
➣Nantong JIUDING
➣ESUN
➣BBCA BIOTECH

Similar Reports:

Salicylic Acid Market: https://reports.valuates.com/reports/ALLI-Manu-2X88/salicylic-acid

Sterilization Services Market: https://reports.valuates.com/reports/ALLI-Manu-3Z65/sterilization-services

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