Global PLA Plastic Market Growth 2024-2030

Global PLA Plastic Market Growth 2024-2030

Polylactic acid, also known as PLA, is a thermoplastic monomer derived from renewable, organic sources such as corn starch or sugar cane.

The global PLA Plastic market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “PLA Plastic Industry Forecast” looks at past sales and reviews total world PLA Plastic sales in 2023, providing a comprehensive analysis by region and market sector of projected PLA Plastic sales for 2024 through 2030. With PLA Plastic sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world PLA Plastic industry.

This Insight Report provides a comprehensive analysis of the global PLA Plastic 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 PLA Plastic portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global PLA Plastic market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for PLA Plastic 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 PLA Plastic.

United States market for PLA Plastic is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for PLA Plastic is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for PLA Plastic is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key PLA Plastic players cover NatureWorks, Total Corbion, Futerro, Synbra Technology, FKuR, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

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

Segmentation by Type:

PDLLA (poly DL-lactic acid)

PLLA (poly(L-lactic acid)

PDLA (poly(D-lactic acid))

Segmentation by Application:

Packaging

Textiles

Medical

Agriculture

Others

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 analysing the company's coverage, product portfolio, its market penetration.

NatureWorks

Total Corbion

Futerro

Synbra Technology

FKuR

Teijin Frontier

Toray Industries

Evonik Industries

Sulzer

Bhagirath Industries

COFCO Biotechnology

Zhejiang Hisun Biomaterials

China BBCA Group

Henan Yongle Biotechnology

Henan Jindan Lactic Acid Technology

Tongbang New Materials Technology

Kingfa SCI. & Tech

Shenzhen Esun Industrial

Key Questions Addressed in this Report

What is the 10-year outlook for the global PLA Plastic market?

What factors are driving PLA Plastic market growth, globally and by region?

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

How do PLA Plastic market opportunities vary by end market size?

How does PLA Plastic break out by Type, by Application?

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