Press release
Global Polylactic Acid (Pla) Market Was Valued At Us$ 1070 Million In 2022 And Is Anticipated To Reach Us$ 1346.7 Million By 2029, Witnessing A Cagr Of 3.3% During Forecast Period 2023-2029
Highlights
The global Polylactic Acid (PLA) market was valued at US$ 1070 million in 2022 and is anticipated to reach US$ 1346.7 million by 2029, witnessing a CAGR of 3.3% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
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Report Scope
This report aims to provide a comprehensive presentation of the global market for Polylactic Acid (PLA) , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Polylactic Acid (PLA) .
The Polylactic Acid (PLA) market size, estimations, and forecasts are provided in terms of output/shipments (Ton) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Polylactic Acid (PLA) market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Polylactic Acid (PLA) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
NatureWorks, Total Corbion, BEWiSynbra, Teijin, Toray, Futerro, Sulzer, Unitika, HISUN, Shanghai TONGJIELIANG, Nantong JIUDING, ESUN, BBCA BIOTECH
Segment by Type
Injection Molding Grade PLA, Film Grade PLA, Sheet Grade PLA, Fiber Grade PLA
Segment by Application
Tableware and Utensils, Food and Beverage Packaging, Electronics and Electrical Appliances, Medical and Personal Care, 3D Printing Consumables, Other
Production by Region
North America
Europe
China
Japan
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by type, by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Polylactic Acid (PLA) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Polylactic Acid (PLA) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Polylactic Acid (PLA) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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