Global Polylactic Acid (PLA) bio-based Plastic Market Growth 2024-2030

Global Polylactic Acid (PLA) bio-based Plastic Market Growth 2024-2030

Polylactic acid or polylactide (PLA) is a polyester made from renewable biomass, typically from fermented plant starch like corn, cassava, sugarcane or sugar beet pulp.

The global Polylactic Acid (PLA) bio-based 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 “Polylactic Acid (PLA) bio-based Plastic Industry Forecast” looks at past sales and reviews total world Polylactic Acid (PLA) bio-based Plastic sales in 2023, providing a comprehensive analysis by region and market sector of projected Polylactic Acid (PLA) bio-based Plastic sales for 2024 through 2030. With Polylactic Acid (PLA) bio-based Plastic sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Polylactic Acid (PLA) bio-based Plastic industry.

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Polylactic Acid (PLA) bio-based 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 Polylactic Acid (PLA) bio-based Plastic.

United States market for Polylactic Acid (PLA) bio-based 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 Polylactic Acid (PLA) bio-based 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 Polylactic Acid (PLA) bio-based 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 Polylactic Acid (PLA) bio-based 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 Polylactic Acid (PLA) bio-based 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 Polylactic Acid (PLA) bio-based Plastic market?

What factors are driving Polylactic Acid (PLA) bio-based Plastic market growth, globally and by region?

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

How do Polylactic Acid (PLA) bio-based Plastic market opportunities vary by end market size?

How does Polylactic Acid (PLA) bio-based Plastic break out by Type, by Application?



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