Polylactic Acid (PLA) Market Global Trends, Regional Demand, Business Opportunities and Forecast by 2031

Market Summary -

The global market for Polylactic Acid (PLA) was estimated to be worth US$ 896 million in 2024 and is forecast to a readjusted size of US$ 1374 million by 2031 with a CAGR of 6.8% during the forecast period 2025-2031.

Accourding to QY Research has released a new publication titled "Global Polylactic Acid (PLA) Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031." This comprehensive study provides an in-depth evaluation of the worldwide Polylactic Acid (PLA) industry, uncovering the major forces influencing market growth and delivering high-value insights for investors, industry leaders, and strategic decision-makers. The report examines critical elements such as market dynamics, evolving technologies, segmentation trends, regional developments, and the competitive landscape. With data backed by rigorous research and expert interpretation, it offers an authoritative guide to understanding the macroeconomic and microeconomic factors reshaping the global market.

Get Full PDF Sample Copy of the Report: (Including Full TOC, Tables & Charts): https://qyresearch.in/request-sample/chemical-material-polylactic-acid-pla-market-share-and-ranking-overall-sales-and-demand-forecast-2025-2031

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Polylactic Acid (PLA) cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

PLA, or polylactic acid, can be produced from any fermentable sugar. Most PLA is made from corn because corn is one of the cheapest and most available sugars globally. However, sugarcane, tapioca root, cassava, and sugar beet pulp are other options.

The increasing global focus on sustainability, environmental regulations, and consumer preferences for eco-friendly products is a major driver for PLA demand. PLA is biodegradable, compostable, and derived from renewable sources (like corn starch or sugarcane), positioning it as an alternative to traditional petroleum-based plastics. Many governments are introducing stringent regulations to reduce plastic waste, promoting the use of biodegradable materials like PLA. For instance, bans on single-use plastics and incentives for using bio-based materials help fuel PLA market growth.

The packaging industry is one of the largest consumers of PLA due to its biodegradability and compostability. Food packaging, in particular, benefits from PLA's properties, aligning with increasing consumer demand for sustainable packaging in retail and food service sectors.

Advancements in production technologies are lowering the costs and improving the mechanical properties of PLA, making it competitive with conventional plastics in various applications. Continuous R&D into enhanced PLA blends and composites is expanding its use in more demanding applications.

Currently, the biggest technical barrier for the polylactic acid industry is the production of lactide. Impacted by the supply of lactide, Chinese polylactic acid manufacturers can't release production capacity quickly.

Recent Developments -

The authors of the report have put forward recent developments by key participants. Other strategic activities by manufacturers such as M&A, joint ventures, collaborations, innovation, product offerings, and research and development activities are highlighted in this research study. This will keep the users up-to-date about the undertakings and give the users a crystal-clear understanding of the key advancements emerging in the business.

Market Drivers, Challenges & Restraints -

This section outlines the various elements influencing the trajectory of the Polylactic Acid (PLA) market:

Key Growth Drivers -

- Supportive policy frameworks and regulatory reforms
- Advancement in product innovation and technological breakthroughs
- Growing demand in emerging application areas
- Shift in global supply chain structures

Restraints & Challenges -

- Regulatory uncertainties
- Competitive pricing pressures
- Operational risks
- Market-entry barriers

Market Segmentation and Regional -

By Type

Injection Molding Grade
Extrusion and Thermoforming Grade
Film Grade
Fiber Grade
3D Printing Grade
Paper Coating Grade

By Application

Tableware and Utensils
Food and Beverage Packaging
Electronics and Electrical Appliances
Medical Care
3D Printing Consumables
Other

Regional Analysis -

✔ North America (U.S., Canada, China)
✔ Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
✔ Asia-Pacific (Japan, South Korea, China Taiwan, Southeast Asia, India)
✔ Middle East, Africa, Latin America (Brazil, Mexico, Turkey, Israel, GCC Countries)

The analysis spans from 2024 (base year) to 2031 (forecast period).

Major Company Included: -

NatureWorks
TotalEnergies Corbion
BEWiSynbra
Toray
Futerro
Unitika
Zhejiang Hisun Biomaterials
Anhui BBCA Biochemical
Shanghai Tong-Jie-Liang
PLIITH Biotechnology

Request for Pre-Order / Enquiry Link: https://qyresearch.in/pre-order-inquiry/chemical-material-polylactic-acid-pla-market-share-and-ranking-overall-sales-and-demand-forecast-2025-2031

Why should you purchase this report?

Purchasing this report provides you with a comprehensive and data-driven understanding of the market landscape, enabling informed business decisions and strategic planning. The report comes with free customization based on client requirements, including a country-level breakdown of any five countries of your choice and a competitive analysis of segment revenue by key market players. With detailed insights into market trends, growth drivers, challenges, competitive dynamics, and emerging opportunities, this report equips stakeholders, manufacturers, and investors with actionable intelligence to identify profitable prospects, optimize operations, and maintain a competitive edge in the industry.

How Can the Research Study Help your Business?

✔ The information presented in the Polylactic Acid (PLA) report helps your decision makers to become prudent and make the best business choices.
✔ The report enables you to see the future of the global Polylactic Acid (PLA) market and accordingly take decisions that will be in the best interest of your business.
✔ It offers you a forward-looking perspective of the global Polylactic Acid (PLA) market drivers and how you can secure significant market gains in the near future.
✔ It provides SWOT analysis of the global Polylactic Acid (PLA) market along with useful graphics and detailed statistics providing quick information about the market's overall progress throughout the forecast period.
✔ It also assesses the changing competitive dynamics of the global Polylactic Acid (PLA) market using pin-point evaluation.

Key Questions Answered in the Report -

✔ What is the size and estimated growth rate of the global and regional Polylactic Acid (PLA) market?
✔ Which countries are expected to display the strongest growth?
✔ Which region will dominate the market throughout the forecast period?
✔ What are the main factors driving or restraining market expansion?
✔ What technological advancements are shaping future demand?
✔ Where are the key opportunities for new entrants and established players?
✔ Which companies currently hold the highest market share?
✔ How will market dynamics evolve from 2025 to 2031?

Table of Contents - Major Key Points:

1 Market Overview
1.1 Polylactic Acid (PLA) Product Introduction
1.2 Global Polylactic Acid (PLA) Market Size Forecast
1.2.1 Global Polylactic Acid (PLA) Sales Value (2020-2031)
1.2.2 Global Polylactic Acid (PLA) Sales Volume (2020-2031)
1.2.3 Global Polylactic Acid (PLA) Sales Price (2020-2031)
1.3 Polylactic Acid (PLA) Market Trends & Drivers
1.3.1 Polylactic Acid (PLA) Industry Trends
1.3.2 Polylactic Acid (PLA) Market Drivers & Opportunity
1.3.3 Polylactic Acid (PLA) Market Challenges
1.3.4 Polylactic Acid (PLA) Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Polylactic Acid (PLA) Players Revenue Ranking (2024)
2.2 Global Polylactic Acid (PLA) Revenue by Company (2020-2025)
2.3 Global Polylactic Acid (PLA) Players Sales Volume Ranking (2024)
2.4 Global Polylactic Acid (PLA) Sales Volume by Company Players (2020-2025)
2.5 Global Polylactic Acid (PLA) Average Price by Company (2020-2025)
2.6 Key Manufacturers Polylactic Acid (PLA) Manufacturing Base and Headquarters
2.7 Key Manufacturers Polylactic Acid (PLA) Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Polylactic Acid (PLA)
2.9 Polylactic Acid (PLA) Market Competitive Analysis
2.9.1 Polylactic Acid (PLA) Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Polylactic Acid (PLA) Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Polylactic Acid (PLA) as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Injection Molding Grade
3.1.2 Extrusion and Thermoforming Grade
3.1.3 Film Grade
3.1.4 Fiber Grade
3.1.5 3D Printing Grade
3.1.6 Paper Coating Grade
3.2 Global Polylactic Acid (PLA) Sales Value by Type
3.2.1 Global Polylactic Acid (PLA) Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Polylactic Acid (PLA) Sales Value, by Type (2020-2031)
3.2.3 Global Polylactic Acid (PLA) Sales Value, by Type (%) (2020-2031)
3.3 Global Polylactic Acid (PLA) Sales Volume by Type
3.3.1 Global Polylactic Acid (PLA) Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Polylactic Acid (PLA) Sales Volume, by Type (2020-2031)
3.3.3 Global Polylactic Acid (PLA) Sales Volume, by Type (%) (2020-2031)
3.4 Global Polylactic Acid (PLA) Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Tableware and Utensils
4.1.2 Food and Beverage Packaging
4.1.3 Electronics and Electrical Appliances
4.1.4 Medical Care
4.1.5 3D Printing Consumables
4.1.6 Other
4.2 Global Polylactic Acid (PLA) Sales Value by Application
4.2.1 Global Polylactic Acid (PLA) Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Polylactic Acid (PLA) Sales Value, by Application (2020-2031)
4.2.3 Global Polylactic Acid (PLA) Sales Value, by Application (%) (2020-2031)
4.3 Global Polylactic Acid (PLA) Sales Volume by Application
4.3.1 Global Polylactic Acid (PLA) Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Polylactic Acid (PLA) Sales Volume, by Application (2020-2031)
4.3.3 Global Polylactic Acid (PLA) Sales Volume, by Application (%) (2020-2031)
4.4 Global Polylactic Acid (PLA) Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Polylactic Acid (PLA) Sales Value by Region
5.1.1 Global Polylactic Acid (PLA) Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Polylactic Acid (PLA) Sales Value by Region (2020-2025)
5.1.3 Global Polylactic Acid (PLA) Sales Value by Region (2026-2031)
5.1.4 Global Polylactic Acid (PLA) Sales Value by Region (%), (2020-2031)
5.2 Global Polylactic Acid (PLA) Sales Volume by Region
5.2.1 Global Polylactic Acid (PLA) Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Polylactic Acid (PLA) Sales Volume by Region (2020-2025)
5.2.3 Global Polylactic Acid (PLA) Sales Volume by Region (2026-2031)
5.2.4 Global Polylactic Acid (PLA) Sales Volume by Region (%), (2020-2031)
5.3 Global Polylactic Acid (PLA) Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Polylactic Acid (PLA) Sales Value, 2020-2031
5.4.2 North America Polylactic Acid (PLA) Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Polylactic Acid (PLA) Sales Value, 2020-2031
5.5.2 Europe Polylactic Acid (PLA) Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Polylactic Acid (PLA) Sales Value, 2020-2031
5.6.2 Asia Pacific Polylactic Acid (PLA) Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Polylactic Acid (PLA) Sales Value, 2020-2031
5.7.2 South America Polylactic Acid (PLA) Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Polylactic Acid (PLA) Sales Value, 2020-2031
5.8.2 Middle East & Africa Polylactic Acid (PLA) Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Polylactic Acid (PLA) Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Polylactic Acid (PLA) Sales Value and Sales Volume
6.2.1 Key Countries/Regions Polylactic Acid (PLA) Sales Value, 2020-2031
6.2.2 Key Countries/Regions Polylactic Acid (PLA) Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Polylactic Acid (PLA) Sales Value, 2020-2031
6.3.2 United States Polylactic Acid (PLA) Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Polylactic Acid (PLA) Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Polylactic Acid (PLA) Sales Value, 2020-2031
6.4.2 Europe Polylactic Acid (PLA) Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Polylactic Acid (PLA) Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Polylactic Acid (PLA) Sales Value, 2020-2031
6.5.2 China Polylactic Acid (PLA) Sales Value by Type (%), 2024 VS 2031
6.5.3 China Polylactic Acid (PLA) Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Polylactic Acid (PLA) Sales Value, 2020-2031
6.6.2 Japan Polylactic Acid (PLA) Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Polylactic Acid (PLA) Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Polylactic Acid (PLA) Sales Value, 2020-2031
6.7.2 South Korea Polylactic Acid (PLA) Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Polylactic Acid (PLA) Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Polylactic Acid (PLA) Sales Value, 2020-2031
6.8.2 Southeast Asia Polylactic Acid (PLA) Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Polylactic Acid (PLA) Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Polylactic Acid (PLA) Sales Value, 2020-2031
6.9.2 India Polylactic Acid (PLA) Sales Value by Type (%), 2024 VS 2031
6.9.3 India Polylactic Acid (PLA) Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 NatureWorks
7.1.1 NatureWorks Company Information
7.1.2 NatureWorks Introduction and Business Overview
7.1.3 NatureWorks Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 NatureWorks Polylactic Acid (PLA) Product Offerings
7.1.5 NatureWorks Recent Development
7.2 TotalEnergies Corbion
7.2.1 TotalEnergies Corbion Company Information
7.2.2 TotalEnergies Corbion Introduction and Business Overview
7.2.3 TotalEnergies Corbion Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 TotalEnergies Corbion Polylactic Acid (PLA) Product Offerings
7.2.5 TotalEnergies Corbion Recent Development
7.3 BEWiSynbra
7.3.1 BEWiSynbra Company Information
7.3.2 BEWiSynbra Introduction and Business Overview
7.3.3 BEWiSynbra Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 BEWiSynbra Polylactic Acid (PLA) Product Offerings
7.3.5 BEWiSynbra Recent Development
7.4 Toray
7.4.1 Toray Company Information
7.4.2 Toray Introduction and Business Overview
7.4.3 Toray Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Toray Polylactic Acid (PLA) Product Offerings
7.4.5 Toray Recent Development
7.5 Futerro
7.5.1 Futerro Company Information
7.5.2 Futerro Introduction and Business Overview
7.5.3 Futerro Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Futerro Polylactic Acid (PLA) Product Offerings
7.5.5 Futerro Recent Development
7.6 Unitika
7.6.1 Unitika Company Information
7.6.2 Unitika Introduction and Business Overview
7.6.3 Unitika Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Unitika Polylactic Acid (PLA) Product Offerings
7.6.5 Unitika Recent Development
7.7 Zhejiang Hisun Biomaterials
7.7.1 Zhejiang Hisun Biomaterials Company Information
7.7.2 Zhejiang Hisun Biomaterials Introduction and Business Overview
7.7.3 Zhejiang Hisun Biomaterials Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Zhejiang Hisun Biomaterials Polylactic Acid (PLA) Product Offerings
7.7.5 Zhejiang Hisun Biomaterials Recent Development
7.8 Anhui BBCA Biochemical
7.8.1 Anhui BBCA Biochemical Company Information
7.8.2 Anhui BBCA Biochemical Introduction and Business Overview
7.8.3 Anhui BBCA Biochemical Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Anhui BBCA Biochemical Polylactic Acid (PLA) Product Offerings
7.8.5 Anhui BBCA Biochemical Recent Development
7.9 Shanghai Tong-Jie-Liang
7.9.1 Shanghai Tong-Jie-Liang Company Information
7.9.2 Shanghai Tong-Jie-Liang Introduction and Business Overview
7.9.3 Shanghai Tong-Jie-Liang Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Shanghai Tong-Jie-Liang Polylactic Acid (PLA) Product Offerings
7.9.5 Shanghai Tong-Jie-Liang Recent Development
7.10 PLIITH Biotechnology
7.10.1 PLIITH Biotechnology Company Information
7.10.2 PLIITH Biotechnology Introduction and Business Overview
7.10.3 PLIITH Biotechnology Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 PLIITH Biotechnology Polylactic Acid (PLA) Product Offerings
7.10.5 PLIITH Biotechnology Recent Development
8 Industry Chain Analysis
8.1 Polylactic Acid (PLA) Industrial Chain
8.2 Polylactic Acid (PLA) Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Polylactic Acid (PLA) Sales Model
8.5.2 Sales Channel
8.5.3 Polylactic Acid (PLA) Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

About Us:

QYResearch established as a research firm in 2007 and have since grown into a trusted brand amongst many industries. Over the years, we have consistently worked toward delivering high-quality customized solutions for wide range of clients ranging from ICT to healthcare industries. With over 50,000 satisfied clients, spread over 80 countries, we have sincerely strived to deliver the best analytics through exhaustive research methodologies.

Contact Us:

Arshad Shaha | Marketing Executive

QY Research, INC.
315 Work Avenue, Raheja Woods,
Survey No. 222/1, Plot No. 25, 6th Floor,
Kayani Nagar, Yervada, Pune 411006, Maharashtra
Tel: +91-8669986909
Emails - arshad@qyrindia.com
Web - https://www.qyresearch.in

This release was published on openPR.