Global Biodegradable Polylactic Acid Market Growth 2023-2029

Global Biodegradable Polylactic Acid Market Growth 2023-2029

Polylactic acid is an aliphatic polyester. Polylactic acid is a biodegradable polymer material. It is made from biomass materials such as sugar, starch and cellulose as raw materials, which are fermented to make lactic acid, and then polymerized from lactic acid to make polylactic acid polymer material.

LPI (LP Information)' newest research report, the “Biodegradable Polylactic Acid Industry Forecast” looks at past sales and reviews total world Biodegradable Polylactic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Biodegradable Polylactic Acid sales for 2023 through 2029. With Biodegradable Polylactic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biodegradable Polylactic Acid industry.

This Insight Report provides a comprehensive analysis of the global Biodegradable Polylactic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biodegradable Polylactic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Biodegradable Polylactic Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biodegradable Polylactic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biodegradable Polylactic Acid.

The global Biodegradable Polylactic Acid market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Biodegradable Polylactic Acid is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Biodegradable Polylactic Acid is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Biodegradable Polylactic Acid is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Biodegradable Polylactic Acid players cover NatureWorks, Total Corbion, BEWiSynbra, Teijin, Futerro, Sulzer, Unitika, Zhejiang Hisun and Anhui BBCA Biochemical, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Biodegradable Polylactic Acid market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Injection Grade
Film Grade
Sheet Grade
Fiber Grade
Others

Segmentation by application
Cutlery and Utensils
Food and Beverage Packaging
Electronics and Appliances
Medical and Personal Care
3D Printing Consumables
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
NatureWorks
Total Corbion
BEWiSynbra
Teijin
Futerro
Sulzer
Unitika
Zhejiang Hisun
Anhui BBCA Biochemical
COFCO Biochemical
Shanghai Tongjieliang
Shenzhen Esun Industrial
Jiangxi Keyuan Biotech

Key Questions Addressed in this Report

What is the 10-year outlook for the global Biodegradable Polylactic Acid market?

What factors are driving Biodegradable Polylactic Acid market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Biodegradable Polylactic Acid market opportunities vary by end market size?

How does Biodegradable Polylactic Acid break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.