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Global Biobased Polylactic Acid (PLA) Market Size, Industry Trends, Share, Opportunities, Drivers, Restraints and Forecast 2023-2029
Global Biobased Polylactic Acid (PLA) Market Size, Industry Trends, Share, Opportunities, Drivers, Restraints and Forecast
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The global Biobased Polylactic Acid (PLA) market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Biobased Polylactic Acid (PLA) is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Biobased Polylactic Acid (PLA) is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Biobased Polylactic Acid (PLA) include NatureWorks, Total Corbion, BEWiSynbra, Teijin, Toray, Futerro, Sulzer, Unitika and Hisun Bio, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Biobased 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 Biobased Polylactic Acid (PLA).
The Biobased Polylactic Acid (PLA) market size, estimations, and forecasts are provided in terms of output/shipments (Tons) 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 Biobased 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 Biobased 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 Bio
- Tongjieliang Biomaterials
- Jiuding Biology
- Guanghua Albert
- Anhui Fengyuan Futailai Polylactic Acid
Segment by Type
- Injection Grade
- Film Grade
- Sheet Grade
- Fiber Grade
- Other
Segment by Application
- Tableware and Utensils
- Food & Beverage Packaging
- Electronics and Electrical Appliances
- Medical & Personal Care
- 3D Printing Supplies
- Other
Production by Region
- North America
- Europe
- China
- Japan
Consumption by Region
- North America
- - U.S.
- - Canada
- Europe
- - Germany
- - France
- - U.K.
- - Italy
- - Russia
- Asia-Pacific
- - China
- - Japan
- - South Korea
- - China Taiwan
- - Southeast Asia
- - India
- Latin America
- - Mexico
- - Brazil
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