Chemical & Material

Polylactic Acid Market Size, Growth, Trends | Industry Report, 2030

The Polylactic Acid market is anticipated to grow at a CAGR of nearly 15.9% during the forecast period 2021-2030 and the market size is predicted to reach US$ 2466.49 million by 2030.

The report provides an analysis of the global Polylactic Acid market for the period 2017-2030, wherein 2020 to 2027 is the forecast period and 2021 is considered as the base year.

The global Polylactic Acid market offers an exhaustive research analysis of the global market’s growth prospects. The report’s scope includes a global industry overview, a global industry description with comprehensive research analysis, and an Polylactic Acid industry summary of various countries and their regions.

This research study evaluation of present market revenue, market forecast, and market share investigation of the foremost suppliers of the industry. It also covers the competitive landscape, market size, market trends, Polylactic Acid industry future innovations, and a range of existing market business strategies. Stakeholders will be able to design and align their business plans using current and future market trends.

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Influences on the global Polylactic Acid market are scrutinized via industry growth drivers and business challenges. Crucial markets in this global industry are evaluated in the report via an industry profile, industry value scrutiny by revenues, industry breakdown and supervisory framework affecting the markets. This study is all-inclusive framework of the dynamics of the market. It mostly encompasses critical valuation of consumers’ or customers’ journeys, present and developing avenues, and tactical framework to enable CXOs take operative decisions.

COVID-19 Consequences

The global Polylactic Acid market is witnessing a temporary shift in demand owing to the sudden pandemic of COVID-19. However, the analysts predict a resurgence of demand in the second half of 2021. We have been interacting with the market participants to seek real-time developments. The market size estimates and forecast would reflect the impact of the global crisis.

Geographically, the market has been analyzed across five regions that constitute the globe. The macro and microeconomic factors including application sectors, government regulations, raw material price fluctuations, socioeconomic factors and soon have been studied across all five regions. The major demand generating countries have been explicitly valued in terms of revenue.

Key Offerings:

The report segments the market into various categories. The leading segments within each category are identified in the report. Furthermore, it calculates the market share that these segments hold. Factors enabling growth in these segments are studied in detail. The report also reveals the factors that may restrain the market growth in these categories.

Market Segmentation as below:

By Raw Material

  • Corn starch
  • Sugarcane & sugar beet
  • Cassava
  • Others

By Application

  • Packaging
  • Agriculture
  • Transport
  • Electronics
  • Textiles
  • Others

By Geography

  • North America
      • U.S.
      • Canada
  • Europe
      • Germany
      • France
      • United Kingdom
      • Rest of Europe
  • Asia Pacific
      • China
      • Japan
      • India
      • Southeast Asia
      • Rest of Asia Pacific
  • Latin America
      • Brazil
      • Rest of Latin America
  • Middle East & Africa (MEA)
      • GCC
      • North Africa
      • South Africa
      • Rest of Middle East & Africa

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Key Players:

The Polylactic Acid market is consolidated with a major number of manufacturers. The company profiling of key players in the market includes major business strategies, company overview and revenues. In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report. Primary research represents a bulk of research efforts, supplemented by extensive secondary research.

Some of the significant players in the Polylactic Acid market include:

  • NatureWorks LLC
  • Corbion Purac
  • Chongqing bofei biochemical products co., ltd.
  • Synbra
  • Futerro
  • Nantong Jiuding Biological Engineering Co. Ltd
  • Hisun Biomaterials

Key Takeaways

  • Comprehensive analysis of the Polylactic Acid market trends and shares from 2021 to 2030 at global and regional level to identify growth opportunities and analyze market developments
  • Exhaustive analysis of price trends with respect to resin type and region that are expected to impact the outlook of this market
  • Porters’ Five Forces analysis that highlights the bargaining power of buyers and suppliers to enable stakeholders to make profit-oriented business decisions
  • Extensive market outlook of key geographic regions along with market drivers, inhibitors, current & future market trends, and emerging applications
  • Comprehensive list of key potential clients across major end-use industries in different geographies
  • Thorough import-export analysis of major polymers across the globe
  • Regional level production output to comprehend the demand-supply scenario
  • Competitive landscape covers key companies’ profiling, market share analysis, market footprint analysis, competitive business strategies, channels, and competition matrix for key players

Key Questions Answered in this Report

  • What was the impact of COVID-19 on the Market?
  • What is the market size, market share of the Market?
  • Who are the top market players in the Market?
  • What will be the future market of the Market?

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Polylactic Acids Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. COVID 19 Impact on Polylactic Acids Market

5.1. Covid-19: Polylactic Acids Industry Impact
5.2. Polylactic Acids Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Polylactic Acids Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Polylactic Acids Market Players to deal with Covid-19 Pandemic Scenario

Chapter 6. Polylactic Acids Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Governments initiatives for the production and use of biodegradable products
6.1.1.2. Increasing preferences for the bioplastic over conventional plastic
6.1.2. Market Restraints
6.1.2.1. Volatility in raw material prices
6.1.3. Market Opportunities
6.1.3.1. Emerging applications of PLA

Chapter 7. Global Polylactic Acids Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Polylactic Acids Market Revenue by Market Players (2017 – 2020)
7.1.1.2. Polylactic Acids Market Revenue Market Share by Market Players (2017 – 2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Raw Material Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users

Chapter 8. Global Polylactic Acids Market, By Raw Material

8.1. Polylactic Acids Market, by Raw Material, 2017 – 2030
8.1.1. Corn starch
8.1.1.1. Market Revenue and Forecast (2017 – 2030)
8.1.2. Sugarcane & sugar beet
8.1.2.1. Market Revenue and Forecast (2017 – 2030)
8.1.3. Cassava
8.1.3.1. Market Revenue and Forecast (2017 – 2030)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2017 – 2030)

Chapter 9. Global Polylactic Acids Market, By Application

9.1. Polylactic Acids Market, by Application, 2017 – 2030
9.1.1. Packaging
9.1.1.1. Market Revenue and Forecast (2017 – 2030)
9.1.2. Agriculture
9.1.2.1. Market Revenue and Forecast (2017 – 2030)
9.1.3. Transport
9.1.3.1. Market Revenue and Forecast (2017 – 2030)
9.1.4. Electronics
9.1.4.1. Market Revenue and Forecast (2017 – 2030)
9.1.5. Textiles
9.1.5.1. Market Revenue and Forecast (2017 – 2030)
9.1.6. Others
9.1.6.1. Market Revenue and Forecast (2017 – 2030)

Chapter 10. Global Polylactic Acids Market, Regional Estimates and Trend Forecast

10.1. North America
10.1.1. Market Revenue Forecast by Raw Material(2017 – 2030)
10.1.2. Market Revenue Forecast by Application (2017 – 2030)
10.1.3. U.S
10.1.3.1. Market Revenue Forecast (2017 – 2030)
10.1.4. Canada
10.1.4.1. Market Revenue Forecast (2017 – 2030)
10.2. Europe
10.2.1. Market Revenue Forecast by Raw Material (2017 – 2030)
10.2.2. Market Revenue Forecast by Application (2017 – 2030)
10.2.3. UK
10.2.3.1. Market Revenue Forecast (2017 – 2030)
10.2.4. Germany
10.2.4.1. Market Revenue Forecast (2017 – 2030)
10.2.5. France
10.2.5.1. Market Revenue Forecast (2017 – 2030)
10.2.6. Rest of EU
10.2.6.1. Market Revenue Forecast (2017 – 2030)
10.3. Asia Pacific (APAC)
10.3.1. Market Revenue Forecast by Raw Material (2017 – 2030)
10.3.2. Market Revenue Forecast by Application (2017 – 2030)
10.3.3. China
10.3.3.1. Market Revenue Forecast (2017 – 2030)
10.3.4. India
10.3.4.1. Market Revenue Forecast (2017 – 2030)
10.3.5. Japan
10.3.5.1. Market Revenue Forecast (2017 – 2030)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue Forecast (2017 – 2030)
10.4. LATAM
10.4.1. Market Revenue Forecast by Raw Material (2017 – 2030)
10.4.2. Market Revenue Forecast by Application (2017 – 2030)
10.4.3. Brazil
10.4.3.1. Market Revenue Forecast (2017 – 2030)
10.4.4. Rest of LATAM
10.4.4.1. Market Revenue Forecast (2017 – 2030)
10.5. Middle East and Africa (MEA)
10.5.1. Market Revenue Forecast by Raw Material (2017 – 2030)
10.5.2. Market Revenue Forecast by Application (2017 – 2030)
10.5.3. GCC
10.5.3.1. Market Revenue Forecast (2017 – 2030)
10.5.4. North Africa
10.5.4.1. Market Revenue Forecast (2017 – 2030)
10.5.5. South Africa
10.5.5.1. Market Revenue Forecast (2017 – 2030)
10.5.6. Rest of MEA
10.5.6.1. Market Revenue Forecast (2017 – 2030)

Chapter 11. Company Profiles

11.1. NatureWorks LLC
11.1.1. Company Overview, Business Information, Regional Presence
11.1.2. Product Portfolio Analysis
11.1.2.1. Product Details, Specification, Application
11.1.3. Revenue, Price, and Gross Margin (2017 – 2020)
11.1.4. Recent Developments and Strategies
11.2. Corbion Purac
11.2.1. Company Overview, Business Information, Regional Presence
11.2.2. Product Portfolio Analysis
11.2.2.1. Product Details, Specification, Application
11.2.3. Revenue, Price, and Gross Margin (2017 – 2020)
11.2.4. Recent Developments and Strategies
11.3. Chongqing bofei biochemical products co., ltd.
11.3.1. Company Overview, Business Information, Regional Presence
11.3.2. Product Portfolio Analysis
11.3.2.1. Product Details, Specification, Application
11.3.3. Revenue, Price, and Gross Margin (2017 – 2020)
11.3.4. Recent Developments and Strategies
11.4. Synbra
11.4.1. Company Overview, Business Information, Regional Presence
11.4.2. Product Portfolio Analysis
11.4.2.1. Product Details, Specification, Application
11.4.3. Revenue, Price, and Gross Margin (2017 – 2020)
11.4.4. Recent Developments and Strategies
11.5. Futerro
11.5.1. Company Overview, Business Information, Regional Presence
11.5.2. Product Portfolio Analysis
11.5.2.1. Product Details, Specification, Application
11.5.3. Revenue, Price, and Gross Margin (2017 – 2020)
11.5.4. Recent Developments and Strategies
11.6. Nantong Jiuding Biological Engineering Co. Ltd
11.6.1. Company Overview, Business Information, Regional Presence
11.6.2. Product Portfolio Analysis
11.6.2.1. Product Details, Specification, Application
11.6.3. Revenue, Price, and Gross Margin (2017 – 2020)
11.6.4. Recent Developments and Strategies
11.7. Hisun Biomaterials
11.7.1. Company Overview, Business Information, Regional Presence
11.7.2. Product Portfolio Analysis
11.7.2.1. Product Details, Specification, Application
11.7.3. Revenue, Price, and Gross Margin (2017 – 2020)
11.7.4. Recent Developments and Strategies

Chapter 12. Appendix

12.1. About Us
12.2. Glossary of Terms

The Final Report will cover the impact analysis of COVID-19.

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Precedence Research is a Canada/India based company and one of the leading providers of strategic market insights. We offer executive-level blueprints of markets and solutions beyond flagship surveys. Our repository covers consultation, syndicated market studies, and customized research reports. Through our services we aim at connecting an organization’s goal with lucrative prospects globally.

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