Asia-pacific Polylactic Acid (Pla) Market Forecast 2024-2032

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $1,600	163 Pages	Inkwood Research	February, 2024	INKR18483849

Best Price Guarantee
Price	from $1,600
Length	163 Pages
Publisher	Inkwood Research
Published Date	February, 2024
SKU	INKR18483849

Asia-pacific Polylactic Acid (Pla) Market Forecast 2024-2032

KEY FINDINGS

The Asia-Pacific polylactic acid (PLA) market is expected to develop with a CAGR of 20.45% during the forecasted period of 2024-2032. The Asia-Pacific PLA market offers various opportunities for players, such as blending PLA with lightweight materials for automotive use. Furthermore, PLA is utilized in biomedical packaging, electronics, automotive manufacturing, textiles, and various packaging solutions in the region.

MARKET INSIGHTS

The Asia-Pacific polylactic acid (PLA) market growth assessment comprises the study of South Korea, Indonesia, Thailand, Vietnam, Australia & New Zealand, China, Japan, India, and Rest of Asia-Pacific. Packaging plays a vital role in modern Australian lifestyles, being integral to commercial organization. Significant transformations in packaging have occurred in the past five decades, serving to prolong the shelf life of products in supermarkets and ensuring accurate medicine dosages at the right time.

The advent of ‘smart packaging’ involves incorporating microchips to offer information about the product and aid in food supply chain management. Additionally, the use of ‘intelligent packaging’ includes time/temperature indicators for effective monitoring of product quality throughout the producer-to-consumer journey. As the packaging industry grows and environmental concerns rise, the demand for polylactic acid (PLA) is expected to increase in the region. Subsequently, these factors are set to contribute to the notable growth of the Asia-Pacific polylactic acid (PLA) market during the estimated period.

COMPETITIVE INSIGHTS

Some of the core players operating in the market include Mitsubishi Chemical Holding Corporation, Zhejiang Hisun Biomaterials Co Ltd, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

1. Research Scope & Methodology: 1.1. Study Objectives; 1.2. Methodology; 1.3. Assumptions & Limitations
2. Executive Summary: 2.1. Market Size & Estimates; 2.2. Market Overview; 2.3. Scope Of Study; 2.4. Crisis Scenario Analysis; 2.4.1. Impact Of Covid-19 On Polylactic Acid (Pla) Market; 2.5. Major Market Findings; 2.5.1. Increasing Utilization Of Pla In Biomedical Applications; 2.5.2. Key Market Players Actively Engaging In Sustainability Initiatives; 2.5.3. Increasing Popularity In 3d Printing Due To Its Versatility; 2.5.4. Pla: Positive Environmental Impact
3. Market Dynamics: 3.1. Key Drivers; 3.1.1. Increasing Demand For Sustainable Packaging; 3.1.2. Supportive Government Policies And Regulations; 3.1.3. Consumer Shift Towards Green Products; 3.2. Key Restraints; 3.2.1. Relatively Higher Production Costs Of Pla; 3.2.2. Pla’s Limited Heat Resistance Compared To Conventional Plastics
4. Key Analytics: 4.1. Key Market Trends; 4.1.1. Focus On Heat-resistant Pla Variants; 4.1.2. Development Of Pla Blends; 4.1.3. Introduction Of High-performance Pla Grades; 4.1.4. Rapid Expansion Of End Use Industries Incorporating Pla; 4.2. Porter’s Five Forces Analysis; 4.2.1. Buyers Power; 4.2.2. Suppliers Power; 4.2.3. Substitution; 4.2.4. New Entrants; 4.2.5. Industry Rivalry; 4.3. Growth Prospect Mapping; 4.4. Market Maturity Analysis; 4.5. Market Concentration Analysis; 4.6. Value Chain Analysis; 4.6.1. Raw Material Sourcing; 4.6.2. Lactic Acid Production; 4.6.3. Manufacturing Of Pla Products; 4.6.4. Distribution And Logistics; 4.6.5. Consumer Usage; 4.7. Key Buying Criteria; 4.7.1. Biodegradability And Compostability; 4.7.2. Certifications And Standards; 4.7.3. Quality And Performance; 4.7.4. Cost Competitiveness; 4.8. Regulatory Framework; 5. Market By Product Form; 5.1. Films And Sheets; 5.1.1. Market Forecast Figure; 5.1.2. Segment Analysis; 5.2. Coatings; 5.2.1. Market Forecast Figure; 5.2.2. Segment Analysis; 5.3. Fibers; 5.3.1. Market Forecast Figure; 5.3.2. Segment Analysis; 5.4. Other Product Forms; 5.4.1. Market Forecast Figure; 5.4.2. Segment Analysis; 6. Market By Application (In Terms Of Revenue: $ Million & In Terms Of Volume: Kilometric Tons); 6.1. Packaging; 6.1.1. Market Forecast Figure; 6.1.2. Segment Analysis; 6.2. Agriculture; 6.2.1. Market Forecast Figure; 6.2.2. Segment Analysis; 6.3. Electronics; 6.3.1. Market Forecast Figure; 6.3.2. Segment Analysis; 6.4. Textiles; 6.4.1. Market Forecast Figure; 6.4.2. Segment Analysis; 6.5. Medical; 6.5.1. Market Forecast Figure; 6.5.2. Segment Analysis; 6.6. Automotive; 6.6.1. Market Forecast Figure; 6.6.2. Segment Analysis; 6.7. Other Applications; 6.7.1. Market Forecast Figure; 6.7.2. Segment Analysis; 7. Market By Raw Material; 7.1. Corn; 7.1.1. Market Forecast Figure; 7.1.2. Segment Analysis; 7.2. Sugarcane & Sugar Beet; 7.2.1. Market Forecast Figure; 7.2.2. Segment Analysis; 7.3. Cassava; 7.3.1. Market Forecast Figure; 7.3.2. Segment Analysis; 7.4. Other Raw Materials; 7.4.1. Market Forecast Figure; 7.4.2. Segment Analysis; 8. Geographical Analysis (In Terms Of Revenue: $ Million & In Terms Of Volume: Kilometric Tons); 8.1. Asia-pacific; 8.1.1. Market Size & Estimates; 8.1.2. Asia-pacific Polylactic Acid (Pla) Market Drivers; 8.1.3. Asia-pacific Polylactic Acid (Pla) Market Challenges; 8.1.4. Key Players In Asia-pacific Polylactic Acid (Pla) Market; 8.1.5. Country Analysis; 8.1.5.1. China; 8.1.5.1.1. China Polylactic Acid (Pla) Market Size & Opportunities; 8.1.5.2. Japan; 8.1.5.2.1. Japan Polylactic Acid (Pla) Market Size & Opportunities; 8.1.5.3. India; 8.1.5.3.1. India Polylactic Acid (Pla) Market Size & Opportunities; 8.1.5.4. South Korea; 8.1.5.4.1. South Korea Polylactic Acid (Pla) Market Size & Opportunities; 8.1.5.5. Indonesia; 8.1.5.5.1. Indonesia Polylactic Acid (Pla) Market Size & Opportunities; 8.1.5.6. Thailand; 8.1.5.6.1. Thailand Polylactic Acid (Pla) Market Size & Opportunities; 8.1.5.7. Vietnam; 8.1.5.7.1. Vietnam Polylactic Acid (Pla) Market Size & Opportunities; 8.1.5.8. Australia & New Zealand; 8.1.5.8.1. Australia & New Zealand Polylactic Acid (Pla) Market Size & Opportunities; 8.1.5.9. Rest Of Asia-pacific; 8.1.5.9.1. Rest Of Asia-pacific Polylactic Acid (Pla) Market Size & Opportunities
9. Competitive Landscape: 9.1. Key Strategic Developments; 9.1.1. Mergers & Acquisitions; 9.1.2. Product Launches & Developments; 9.1.3. Partnerships & Agreements; 9.2. Company Profiles; 9.2.1. Basf; 9.2.1.1. Company Overview; 9.2.1.2. Product List; 9.2.1.3. Strengths & Challenges; 9.2.2. Danimer Scientific; 9.2.2.1. Company Overview; 9.2.2.2. Product List; 9.2.2.3. Strengths & Challenges; 9.2.3. Dow Chemicals; 9.2.3.1. Company Overview; 9.2.3.2. Product List; 9.2.3.3. Strengths & Challenges; 9.2.4. Futerro Sa; 9.2.4.1. Company Overview; 9.2.4.2. Product List; 9.2.4.3. Strengths & Challenges; 9.2.5. Good Natured Products Inc; 9.2.5.1. Company Overview; 9.2.5.2. Product List; 9.2.5.3. Strengths & Challenges; 9.2.6. Green Bioplastics; 9.2.6.1. Company Overview; 9.2.6.2. Product List; 9.2.6.3. Strengths & Challenges; 9.2.7. Innovia Films; 9.2.7.1. Company Overview; 9.2.7.2. Product List; 9.2.7.3. Strengths & Challenges; 9.2.8. Mitsubishi Chemical Holding Corporation; 9.2.8.1. Company Overview; 9.2.8.2. Product List; 9.2.8.3. Strengths & Challenges; 9.2.9. Natureworks Llc; 9.2.9.1. Company Overview; 9.2.9.2. Product List; 9.2.9.3. Strengths & Challenges; 9.2.10. Synbra Holding Bv; 9.2.10.1. Company Overview; 9.2.10.2. Product List; 9.2.10.3. Strengths & Challenges; 9.2.11. Teijin Ltd; 9.2.11.1. Company Overview; 9.2.11.2. Product List; 9.2.11.3. Strengths & Challenges; 9.2.12. Thyssenkrupp Ag; 9.2.12.1. Company Overview; 9.2.12.2. Product List; 9.2.12.3. Strengths & Challenges; 9.2.13. Total-corbion Pla; 9.2.13.1. Company Overview; 9.2.13.2. Product List; 9.2.13.3. Strengths & Challenges; 9.2.14. Zhejiang Hisun Biomaterials Co Ltd; 9.2.14.1. Company Overview; 9.2.14.2. Product List; 9.2.14.3. Strengths & Challenges