Chemical & Material

Polylactic Acid Market is set to record 15.9% CAGR by 2030

Polylactic Acid Market size is expected to grow Usd 2466.49 million by 2030 at a CAGR of 15.9% over the forecast period 2021 – 2030.

A new study on the global Polylactic Acid market has been published by Precedence Research. It presents a wealth of information on key market dynamics, including the drivers, market trends, and challenges, as well as the structure of the global Polylactic Acid market. The study offers valuable information about the global Polylactic Acid market to illustrate how the market would grow during the forecast period 2021-2030. The report provides the value and volume of the global Polylactic Acid market for the period 2021–2030, considering 2019 as the base year and 2030 as the forecast year. The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments and sub-segments included in the scope of the study.

Key indicators of market growth, which include value chain as well as supply chain analyses, and Compound Annual Growth Rate (CAGR), are elucidated in the study in a comprehensive manner. This data can help readers interpret quantitative growth aspects of the global Polylactic Acid market during the forecast period.

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An extensive analysis on business strategies of leading market players is also featured in study on the global Polylactic Acid market. This can help readers understand principal factors to foresee growth in the global Polylactic Acid market. In this study, readers can also find specific data on the qualitative and quantitative growth avenues for the global market, which is expected to guide market players in making apt decisions in the future.

The report also delves into the competition landscape of the global Polylactic Acid market. Key players operating in the global market have been identified, and each one of these has been profiled for their distinguishing business attributes. Company overview, financial standings, recent developments, and SWOT are some of the attributes of players profiled in the global market report.

Key Players

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

Key Questions Answered in Polylactic Acid Market Study

– What are the key factors influencing the Polylactic Acid market in each region?

– What will be the CAGR of the global Polylactic Acid market between 2017 and 2030?

– What is the future scope and changing trends in technologies in the global Polylactic Acid market?

– Which factors will impede the growth of the global Polylactic Acid market during the forecast period?

– Which are the leading companies in the global Polylactic Acid market?

– Which region is set to expand at the fastest CAGR during the forecast period?

– What is the volume (Units) of different Polylactic Acid across all regions during the forecast period?

– Which segment will have the highest revenue globally in 2030 and which segment will expand at the fastest CAGR during the forecast period?

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Research Methodology

A unique research methodology has been utilized by precedence research to conduct a comprehensive research on the growth of the global Polylactic Acid market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the drawn conclusions.

Secondary sources referred to by analysts during the production of the global Polylactic Acid market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of our study on the market as a primary source.

These primary and secondary sources provided exclusive information during interviews, which serves as a validation from Polylactic Acid industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped in making precedence research estimates on the future prospects of the global market more reliable and accurate.

Segmentation

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

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

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