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Rise in Environmental Distress is pushing Growth in the Global Polylactic Acid Market
Global Polylactic Acid Market
Browse 60 market data Tables and 50 figures spread over 229 Pages, along with in-depth analysis on Global Polylactic Acid Market by Product Form, Application, Raw Material & by Geography
Request Free Sample Report for Global Polylactic Acid Market by Product Form, Application, Raw Material & by Geography: https://www.inkwoodresearch.com/reports/polylactic-acid-market/#request-free-sample
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market, by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Polylactic Acid Market Scenario
Polylactic acid (PLA) is a bioplastic prepared from lactic acid and used to package vulnerable food products in the food industry. Since it is highly fragile and incompatible with a number of manufacturing processes, it is strengthened with additives. The growing environmental concerns and encouraging government policies like the Kyoto protocol, Paris agreement, among others, are projected to boost the market growth globally.
Polylactic acid is a biodegradable polymer achieved from renewable resources, namely sugar and corn, which is also the primary reason for its surging applications in various verticals, such as agriculture, packaging, and others. However, the global polylactic acid market is witnessing certain challenges, such as poor performance compared to conventional plastics, price competitiveness, need for industrial composting units, and agricultural fiber alternatives. These attributes are expected to create hurdles in the growth of the market over the forecast period.
The Global Polylactic Acid Market report provides data tables and includes charts and graphs for visual analysis.
Market Segmentation
Market by Application
• Automotive
• Agriculture
• Packaging
• Electronics
• Medical
• Textiles
• Others
Market by Product Form
• Fibers
• Coatings
• Films and Sheets
• Others
Market by Raw Material
• Sugarcane & Sugar Beet
• Cassava
• Corn
• Others
Report Highlights
- The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, regions and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028
Companies Profiled
• TEIJIN LTD
• FUTERRO SA
• THYSSENKRUPP AG
• MITSUBISHI CHEMICAL HOLDING CORPORATION
• NATUREWORKS LLC
• BASF
• SYNBRA HOLDING BV
• INNOVIA FILMS
• GREEN BIOPLASTICS
• TOTAL-CORBION PLA
• DOW CHEMICALS
• GOOD NATURED PRODUCTS INC
• DANIMER SCIENTIFIC
• ZHEJIANG HISUN BIOMATERIALS CO LTD
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Polylactic Acid Prices, Trend & Forecasts | Provided by Procurement Resource
Product Name - Polylactic Acid
Molecular Weight - 148.205 g/mol
Chemical Formula - (C3H4O2)n
Synonyms - PLA, Polylactide
Currency - US$ (Data can also be provided in local currency)
Supplier Database Availability - Yes
Customization Scope - Our services can be customized as per the requirements of the customer
Post-Sale Analyst Support - 360-degree analyst support after service delivery
Region/Countries for which Data is available
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea,…
