Press release
Polylactic Acid (PLA) Market to Witness Huge Growth by Key Players: NatureWorks LLC, Total Corbion PLA, BASF SE, Futerro, Futerro, COFCO, Danimer Scientific
Global Polylactic Acid (PLA) Market 2022-2026, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.Download FREE Sample Research Report of Polylactic Acid (PLA) Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=5447364
The global PLA market size is projected to grow from USD 1.0 billion in 2021 to USD 1.9 billion by 2026, at a CAGR of 12.2% between 2021 and 2026.
The report provides a comprehensive analysis of company profiles listed below:
• NatureWorks LLC (US)
• Total Corbion PLA (Netherlands)
• BASF SE (Germany)
• Futerro (Belgium)
• COFCO (China)
• Mitsubishi Chemicals Corporation (Japan)
• Danimer Scientific (US)
• UNITIKA LTD.(Japan)
• Ev0nik Industries (Germany)
• TORAY INDUSTRIES INC (Japan)
"Changing consumer preference toward eco-friendly plastic products is driving the demand for PLA during the forecast period"
The PLA market in European countries such as Germany, and UK is expected to witness high growth, owing to Improving consumer awareness regarding sustainable plastic solutions. Moreover, increasing landfills and waste piles have emerged as serious environmental, and health hazards resulted in numerous adverse effects on the ecosystem. Rising consumer awareness due to adverse effects of traditional plastics is encouraging the use of PLA.
"Government focus on green procurement policies and regulations to boost the demand for PLA during the forecast period"
Rising prohibition against conventional plastics, and government regulations towards development of sustainable ecosystem is driving the PLA market worldwide. Developed countries such as Europe, and North America are becoming more stringent, and encouraging the use of sustainable and eco-friendly products. Various government are implementing new policies and programs such as green dot system in Europe, and initiatives such as "Bio Preferred" in North America to promote PLA.
"Europe to dominate the PLA market in 2020"
Europe is the largest market for PLA, owing to the strict government norms regarding plastic usage and ban on single-use plastics. Additionally, European countries are investing heavily in new packaging technology to suit customer demands and needs. Countries such as Germany, and UK have established food & beverage industry (particularly packed food), and environmentally inclined rules & regulations is expected to boost the demand for the PLA market during the forecast period.
Access full report @ https://www.reportsnreports.com/purchase.aspx?name=5447364
Competitive Landscape of Polylactic Acid (PLA) Market:
1 Introduction
2 Strategies Adopted By Key PLAyers
3 Market Share Analysis
3.1 Ranking Of Key Market PLAyers
3.2 Market Share Of Key PLAyers, 2020
4 Revenue Analysis Of Top PLAyers
5 Market Evaluation Matrix
6 Company Evaluation Matrix
6.1 Star
6.2 Emerging Leaders
6.3 Pervasive
7 Company Footprint
7.1 Strength Of Product Portfolio
7.2 Business Strategy Excellence
8 Startups And Small And Medium-Sized Enterprises (Smes) Evaluation Matrix
8.1 Progressive Company
8.2 Responsive Companies
8.3 Starting Blocks
9 Competitive Scenario
9.1 New Product Launches
9.2 Deals
9.3 Other Developments
Research Coverage:
The market study covers the PLA market and its segments. It aims at estimating the market size and the growth potential of this market across different segments such as by grades, applications, end-use industries, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Special Offers (Buy this report and Get 25% Off) @ https://www.reportsnreports.com/contacts/discount.aspx?name=5447364
#Customization Service of the Report:
ReportsnReports provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.
ADDRESS:
Magarpatta City, Hadapsar, Pune, India - 411013
PHONE:+ 1 888 391 5441
EMAIL: sales@reportsandreports.com
About Us:-
ReportsnReports provides you the further information and more details with intelligence needs for your business. Access to in-depth market trends helps companies to assess the market effectiveness. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Polylactic Acid (PLA) Market to Witness Huge Growth by Key Players: NatureWorks LLC, Total Corbion PLA, BASF SE, Futerro, Futerro, COFCO, Danimer Scientific here
News-ID: 2570305 • Views: …
More Releases from ReportsnReports
DeviceCon Series 2024 - UK Edition | MarketsandMarkets
Future Forward: Redefining Healthcare with Cutting-Edge Devices
Welcome to DeviceCon Series 2024 - Where Innovation Meets Impact!
Join us on March 21-22 at Millennium Gloucester Hotel, 4-18 Harrington Gardens, London SW7 4LH for a groundbreaking convergence of knowledge, ideas, and technology. MarketsandMarkets proudly presents the DeviceCon Series, an extraordinary blend of four conferences that promise to redefine the landscape of innovation in medical and diagnostic devices.
Register Now @ https://events.marketsandmarkets.com/devicecon-series-uk-edition-2024/register
MarketsandMarkets presents…
5th Annual MarketsandMarkets Infectious Disease and Molecular Diagnostics Confer …
London, March 7, 2024 - MarketsandMarkets is thrilled to announce the eagerly awaited 5th Annual Infectious Disease and Molecular Diagnostics Conference, scheduled to take place on March 21st - 22nd, 2024, at the prestigious Millennium Gloucester Hotel, located at 4-18 Harrington Gardens, London SW7 4LH.
This conference promises to be a groundbreaking event, showcasing the latest trends and insights in diagnosis, as well as unveiling cutting-edge technologies that are revolutionizing the…
Infection Control, Sterilization & Decontamination Conference |21st - 22nd March …
MarketsandMarkets is pleased to announce its 8th Annual Infection Control, Sterilisation, and Decontamination in Healthcare Conference, which will take place March 21-22, 2024, in London, UK. With the increased risk of infection due to improper sterilisation and decontamination practices, the safety of patients and healthcare workers is of paramount importance nowadays.
Enquire Now @ https://events.marketsandmarkets.com/infection-control-sterilization-and-decontamination-conference/
This conference aims to bring together all the stakeholders to discuss the obstacles in achieving…
Breast Augmentation Market Key Players, Demands, Cost, Size, Procedure, Shape, S …
The global Breast Augmentation Market in terms of revenue was estimated to be worth $900 million in 2020 and is poised to reach $1,692 million by 2025, growing at a CAGR of 13.4% from 2020 to 2025. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying…
More Releases for PLA
How Compostable PLA Straws Help the Environment
Compostable PLA straw [https://www.naturecutlery.com/qh-st-5-5-x-200-mm-biodegradable-pla-drinking-straw-in-bulk-package-2-product/]s are emerging as one of the key solutions to the global plastic crisis. Made from renewable materials like corn starch, these straws are an eco-friendly alternative to traditional plastic straws. Here's a closer look at how compostable PLA straws can have a positive impact on the environment and why they're a smart choice for businesses focused on sustainability.
1. Reduce Plastic Waste Accumulation
Traditional plastic straws are single-use…
Polylactic Acid (PLA) Market Growth Opportunities and Competitive Landscape Repo …
Polylactic acid (PLA) is a biodegradable thermoplastic polymer made from renewable resources such as corn starch or sugar cane. Unlike other thermoplastics, PLA can be degraded by microorganisms over time, making it an attractive material for sustainable and biodegradable products.
Key Trends
One of the major trends in PLA technology is the development of new and improved methods for PLA production. For example, catalysis of the conversion of lactic acid to PLA…
Polylactic Acid (PLA) Market Insights by 2031 & Covid-19 Analysis | Total Corbio …
Global Polylactic Acid (PLA) Market report from Global Insight Services is the single authoritative source of intelligence on Polylactic Acid (PLA) Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories,…
Bio-polylactic Acid (PLA) Films Market Size, Status and Global Outlook During 20 …
MarketInsightsReports has published a report titled global Bio-polylactic Acid (PLA) Films Market research report 2020 that is a detailed observation of several aspects, including the rate of growth, technological advances, and different methodologies implemented by the primary current market players. The report is based on a collective analysis of data, which is obtained through primary and secondary research. It provides a systematic approach to the current and prospective scenario of…
Polylactic Acid (PLA) Market May See Exponential Growth in Future | BASF SE; Dan …
This Polylactic Acid (PLA) Market research report involves six major parameters namely market analysis, market definition, market segmentation, key developments in the market, competitive analysis, and research methodology. Competitive analysis is the major aspect of any market research report and by understanding this many points are covered in the report including strategic profiling of key players in the market, analyse their core competencies, and draw a competitive landscape for the…
Growth of Bio-polylactic Acid (PLA) Films Market | Top Vendors- NatureWorks, Fut …
Global Bio-PLA Films Market was valued at $354 million in 2016, and is anticipated to reach $910 million by 2023, growing at a CAGR of 14.5% from 2017 to 2023.
The key players profiled in the report are NatureWorks LLC, Futerro, Tale & Lyle, Total Corbion PLA, Hiusan Biosciences, Toray Industries, Inc., Taghleef Industries, Amcor Ltd. Toyobo, and Avery Dennison Corporation.
The other major players (not profiled in report) in the…
