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Lactic Acid Market (Food And Beverage, Personal Care, Pharmaceutical, Biodegradable Plastics And Other End-Users) And Polylactic Acid Market (Packaging, Textile, Electronics, Automotive, Biomedical And Other End-Users) - Global Industry Analysis, Size, Sh
"The Report Lactic Acid Market (Food and Beverage, Personal Care, Pharmaceutical, Biodegradable Plastics and Other End-users) and Polylactic Acid Market (Packaging, Textile, Electronics, Automotive, Biomedical and Other End-users) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"About Lactic Acid Market
This report analyzes and forecasts the market for lactic acid and polylactic acid at the global, regional, and country level. The market has been forecast based on volume (Kilo Tons) and revenue (US$ Mn) from 2015 to 2023. The study includes drivers and restraints of the global lactic acid and polylactic acid market. It also covers the impact of these drivers and restraints on the demand for lactic acid and polylactic acid during the forecast period. Additionally, the report highlights opportunities in the lactic acid and polylactic acid markets globally and regionally.
The report includes a detailed value chain analysis, which provides a comprehensive view of the global lactic acid and polylactic acid markets. Porter’s Five Forces Model for both lactic acid and polylactic acid markets has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.
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The study provides a decisive view of the global lactic acid and polylactic acid markets by segmenting it in terms of end-user segment. Segments have been analyzed based on present and future trends. Regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Furthermore, country-wise analysis has been carried out for individual regions.
The study includes profiles of major companies operating in the global lactic acid and polylactic acid markets. Key players include Corbion NV, NatureWorks LLC, Henan Jindan Lactic Acid Technology Co., Ltd., Archer Daniels Midland Company, Synbra Technology BV, Zhejiang Hisun Biomaterials Co., Ltd., Teijin Ltd., Galactic, and Futerro. Market players are profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.
The report provides the market size of lactic acid and polylactic acid for 2014 and forecast for the next six years. The global market sizes of lactic acid and polylactic acid are provided in terms of both volume and revenue. Market volume is defined in kilo tons, while market revenue is in US$ Mn. Market numbers are estimated based on key end-user segments of lactic acid and polylactic acid. Market size and forecast for end-user segments are provided in terms of global, regional, and country markets.
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In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, and statistical data from government websites, and trade associations and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, Plastemart magazine, TPE magazine, internal and external proprietary databases, and relevant patent and regulatory databases such as ICIS, Hoovers, Onesource, Factiva, and Bloomberg, national government documents, statistical databases, trade journals, market reports, news articles, press releases, and webcasts specific to companies operating in the market.
Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, and outlook, etc. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.
The report segments the global lactic acid and polylactic acid markets as follows:
Lactic Acid Market - End-user Analysis
Food and Beverage
Personal Care
Pharmaceutical
Biodegradable Plastics
Others (Including detergents, etc.)
Polylactic Acid Market - End-user Analysis
Packaging
Textile
Electronics
Automotive
Biomedical
Others (Including printing, etc.)
Lactic Acid and Polylactic Acid Market - Regional Analysis
North America
U.S.
Rest of North America
Europe
France
Germany
Italy
Netherlands
UK
Rest of Europe
Asia Pacific
China
Japan
ASEAN
Rest of Asia Pacific
Latin America
Brazil
Rest of Latin America
Middle East & Africa (MEA)
GCC Countries
South Africa
Rest of MEA
Table Of Contents
Chapter 1 Preface
1.1 Research Description
1.2 Market Segmentation
1.2.1 Global Lactic Acid Market Segmentation, by End-user and Region
1.2.2 Global Polylactic Acid Market Segmentation, by End-user and Region
1.3 Research Scope
1.3.1 Assumptions
1.4 Research Methodology
Chapter 2 Executive Summary
2.1 Global Lactic Acid Market, 2014 – 2023 (Kilo Tons) (US$ Mn)
2.2 Global Polylactic Acid Market, 2014 – 2023 (Kilo Tons) (US$ Mn)
Chapter 3 Lactic Acid and Polylactic Acid Market– Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
3.3.1 Strong Outlook for Bioplastics from Packaging Industry to Drive Lactic and Polylactic Acid Market Subsequently
3.3.1.1 Global Packaging Market Revenue, 2013-2023 (US$ Bn)
3.3.1.2 Global Bioplastics Market Volume, 2013-2023 (Kilo Tons)
3.3.2 Rising Demand from Food and Beverage Industry Expected to Drive Lactic Acid Market
3.3.2.1 Global Food Products Market Revenue, 2013-2023 (US$ Trillion)
3.3.2.2 Global Beverages Market Revenue, 2013-2023 (US$ Trillion)
3.3.3 Growing Demand from Biomedical Industry anticipated to drive the Polylactic Acid Market
3.3.3.1 Global Biomaterials Market Revenue, 2013-2023 (US$ Bn)
3.4 Restraints
3.4.1 Availability of Potential Substitutes and High Production Cost Anticipated to Act as Restraint to Polylactic Acid Market
3.4.1.1 Cost Comparison of Polylactic Acid and Polyethylene, 2013-2023 (US$/Ton)
3.4.2 Fluctuation in Raw Material Prices Expected to Act as Restraint to Lactic Acid Market
3.4.2.1 Prices of Various Raw materials for Lactic Acid, 2011-2023 (US$/Ton)
3.5 Opportunity
3.5.1 Chemical recycling of polylactic acid is likely to act as an opportunity
3.5.2 Production of lactic acid through alternative potential raw materials is likely to act as an opportunity for lactic acid market
3.6 Lactic Acid Market - Porter’s Five Forces Analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat from New Entrants
3.6.4 Threat from Substitutes
3.6.5 Degree of Competition
3.7 Polylactic Acid Market - Porter’s Five Forces Analysis
3.7.1 Bargaining Power of Suppliers
3.7.2 Bargaining Power of Buyers
3.7.3 Threat from New Entrants
3.7.4 Threat from Substitutes
3.7.5 Degree of Competition
3.8 Lactic Acid Market - Attractiveness Analysis
3.8.1 Global Lactic Acid Market Attractiveness, by End-User, 2014
3.9 Polylactic Acid Market - Attractiveness Analysis
3.9.1 Global Polylactic Acid Market Attractiveness, by End-User, 2014
3.10 Lactic Acid - Company Market Share Analysis
3.10.1 Global Lactic Acid Market Share, by Company, 2014
3.11 Polylactic Acid - Company Market Share Analysis
3.11.1 Global Polylactic Acid Market Share, by Company, 2014
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