Press release
Lactic and Poly Lactic Acid Market Will See Strong Expansion Through 2015 - 2023
Lactic and Poly Lactic Acid Market
Browse Research Report With Complete TOC @ https://www.transparencymarketresearch.com/lactic-poly-lactic-acid.html
Lactic acid is one of the key carboxylic acids used in biodegradable plastics and food and beverage industries. It is primarily used as a pH regulator in the food and beverage industry. In addition, lactic acid is employed in personal care and pharmaceutical industries. Growing downstream markets such as bio-based plastics is estimated to result in sustainable growth in the lactic acid market during the forecast period.
Biodegradable plastics was the largest end-user segment of the lactic acid market with more than 30% share in 2014. It is expected to be the fastest growing segment of the lactic acid market during the forecast period. Food and beverage, personal care, and pharmaceutical segments are also anticipated to account for significantly high share in the lactic acid market in the near future. Increasing demand for bioplastics is likely to augment the demand for biodegradable plastics in the lactic acid market in the near future.
Polylactic acid belongs to the group of bioplastics and is primarily used in packaging, textile, electronics, and various other end-user industries. It is chiefly used in packaging of food and beverages, trays, garbage bags, as well as employed in woven and non-woven textiles. In addition to packaging and textile industries, polylactic acid is utilized in electronics, biomedical, and consumer goods industries. Growing downstream markets such as packaging and biomedical industries would lead to sustainable growth in the polylactic acid market during the forecast period.
Packaging was the largest end-user segment of the polylactic acid market with a share of over 45% in 2014. It is expected to be the fastest growing segment of the polylactic acid during the forecast period. Textile, electronics, automotive, and biomedical end-user segments are also likely to hold significantly high share in the global polylactic acid market in the near future. Rising demand for polylactic acid in the packaging segment is projected to augment the global demand for polylactic acid in the near future.
Request a PDF Brochure with Research Report Analysis @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1235
Key players operating in the lactic acid and polylactic acid markets 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.
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Lactic and Poly Lactic Acid Market Will See Strong Expansion Through 2015 - 2023 here
News-ID: 910001 • Views: …
More Releases from Transparency Market Research
Global SiC Ceramics Market Poised for Robust Growth, Projected to Reach USD 3.1 …
The global silicon carbide (SiC) ceramics market continues to demonstrate strong growth potential, underpinned by accelerating demand from advanced industrial and electronic applications. Valued at US$ 1.8 Billion in 2024, the market is projected to reach US$ 3.1 Billion by 2035, expanding at a compound annual growth rate (CAGR) of 5.2% during the forecast period from 2025 to 2035. This steady expansion reflects the increasing importance of SiC ceramics as…
Furfuryl Alcohol Market to Reach USD 1.34 Billion by 2035, Supported by Rising D …
The global Furfuryl Alcohol Market was valued at US$ 624.3 million in 2024 and is projected to reach US$ 1,341.2 million by 2035, expanding at a compound annual growth rate (CAGR) of 7.2% from 2025 to 2035.
This growth is primarily driven by the rising demand for bio-based and sustainable chemicals, along with the steady expansion of the foundry and metal casting industry, particularly across emerging economies in Asia Pacific.
Gain a…
Air-Entraining Agents Market Outlook 2035: Forecast to Reach US$ 2.48 Billion by …
The global Air-Entraining Agents (AEAs) Market was valued at US$ 1.70 billion in 2024 and is projected to reach US$ 2.48 billion by 2035, expanding at a compound annual growth rate (CAGR) of 3.5% from 2025 to 2035. This steady growth trajectory reflects the essential role AEAs play in modern concrete formulations, particularly in infrastructure projects that demand long-term durability, freeze-thaw resistance, and improved workability.
Despite being a mature segment within…
A2P SMS Market Outlook 2035: Expanding from US$ 71.2 Bn in 2024 to US$ 117.0 Bn …
The global Application-to-Person (A2P) SMS market is entering a phase of steady and resilient expansion, driven by the growing need for secure, reliable, and real-time communication between enterprises and consumers. Valued at US$ 71.2 Bn in 2024, the market is projected to reach US$ 117.0 Bn by 2035, expanding at a CAGR of 4.2% from 2025 to 2035. Despite the rise of internet-based messaging platforms, A2P SMS continues to maintain…
More Releases for Lactic
Lactic and Poly Lactic Acid Market Sustainability Driving Innovations
"According to the research report, the global lactic and poly lactic acid market is valued at USD 3.51 billion in 2022 and is expected to reach USD 7.94 billion by 2032, to grow at a CAGR of 9.7% during the forecast period."
Global Lactic And Poly Lactic Acid Market is currently valued at and is anticipated to generate an estimated revenue of according to the latest study by Polaris Market Research.…
Explore the Latest Innovations in Lactic Acid & Poly Lactic Acid Market Size!!
"The Lactic Acid & Poly Lactic Acid market study formulated by Up Market Research, presents a detailed analysis of the influential trends prevailing in this business sphere. This research report also offers definitive information concerning the commercialization of this vertical, market size, and revenue estimation of this industry. The study explicitly illustrates the competitive standing of key players over the projected timeline while incorporating their individual portfolios & geographical…
Lactic Acids
https://www.qandqmarketresearch.com/reports/7744730
Lactic acid has a systematic name that is 2hydroxypropionic acid, which is widely existed in nature. Lactic acid is formed when glucose is broken down for energy in the absence of sufficient oxygen.
The United States is the worlds largest consumer market. Its consumptions account for about 30% of the world.China became the worlds second consumer market after 2011, and its accounting for about 25% of the world.
With the continuous…
Lactic Acid Poly Lactic Acid Market to Exhibit Impressive Growth During 2020
Lactic acid (2-hydroxy propanoic acid) is a colorless or some time yellowish, odorless and hygroscopic, sugary and thick chemical liquid. It is generally soluble with other liquids such as water and ethanol. It is found in abundance in nature. It is the most important acid ingredient of acerbic milk and a typical component of animals’ blood and muscle tissue.
Lactic acid are widely used in refined dairy products, preservative, flavoring,…
Lactic Acid Poly Lactic Acid Market- Global Industry Analysis by 2020
Lactic acid (2-hydroxy propanoic acid) is a colorless or some time yellowish, odorless and hygroscopic, sugary and thick chemical liquid. It is generally soluble with other liquids such as water and ethanol. It is found in abundance in nature. It is the most important acid ingredient of acerbic milk and a typical component of animals’ blood and muscle tissue.
Lactic acid are widely used in refined dairy products, preservative, flavoring,…
Lactic Acid Poly Lactic Acid Market to Rear Excessive Growth by 2020
Lactic acid (2-hydroxy propanoic acid) is a colorless or some time yellowish, odorless and hygroscopic, sugary and thick chemical liquid. It is generally soluble with other liquids such as water and ethanol. It is found in abundance in nature. It is the most important acid ingredient of acerbic milk and a typical component of animals’ blood and muscle tissue.
To access full report @ http://www.persistencemarketresearch.com/market-research/lactic-acid-poly-lactic-acid-market.asp
Lactic acid are widely used in refined…
