Europe Polylactic Acid (PLA) Market - Industry Trends and Forecast To 2029
Europe polylactic acid (PLA) market is projected to register an 11.4% CAGR in the forecast period of 2021 to 2029. The new market report contains data for the historic years 2020, the base year of calculation is 2021, and the forecast period is 2022 to 2029.
Market Segmentation
Europe Polylactic Acid (PLA) Market, By Type ( Racemic PLLA (Poly-L-Lactic Acid), Regular PLLA (Poly-L-Lactic Acid), PDLA (Poly-D-Lactic Acid), and PDLLA (Poly-Dl-Lactic Acid)), Raw Material (Corn, Cassava, Sugarcane, Sugar Beet, and Others), Form (Films And Sheets, Coatings, Fiber, Others), Application (Packaging, Transport, Agriculture, Medical, Electronics, Textile, Hygiene, Others), End User (Plastic Films, Bottles, Biodegradable Medical Devices), Country (U.K., Russia, France, Spain, Italy, Germany, Turkey, Netherlands, Switzerland, Belgium, Rest of Europe ), Industry Trends and Forecast to 2029
Some of the major factors contributing to the growth of the Europe polylactic acid (PLA) market:
Growing demand for bio-based plastics film in agriculture
PLA can be an alternative to petroleum-based polymers
Market Players
The key players operating in the Europe polylactic acid (PLA) market are:
BASF SE
Futerro
NatureWorks LLC
TotalEnergies Corbion
Sulzer Ltd
Mitsubishi Chemical Corporation
TORAY INDUSTRIES, INC.
Merck KGaA
Musashino Chemical Laboratory, Ltd.
Evonik Industries AG, Polyvel Inc.
UNITIKA LTD.
Jiangxi Academy of Sciences Biological New Materials Co., Ltd.
Shanghai Tong-jie-liang Biomaterials Co., Ltd.
Zhejiang Hisun Biomaterials Co., Ltd.
Radici Partecipazioni SpA.
Company Profiles
BASF SE
Futerro
NatureWorks LLC
TotalEnergies Corbion
Sulzer Ltd
Mitsubishi Chemical Corporation
TORAY INDUSTRIES, INC.
Merck KGaA
Musashino Chemical Laboratory, Ltd.
Evonik Industries AG, Polyvel Inc.
UNITIKA LTD.
Jiangxi Academy of Sciences Biological New Materials Co., Ltd.
Shanghai Tong-jie-liang Biomaterials Co., Ltd.
Zhejiang Hisun Biomaterials Co., Ltd.
Radici Partecipazioni SpA.
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