Global Polylactic Acid (PLA) Market Analysis 2022

Best Price Guarantee	Publisher	Published Date	SKU
from $2,800	Syngene Research LLP	March, 2022	SYNR17296599

Best Price Guarantee
Price	from $2,800
Publisher	Syngene Research LLP
Published Date	March, 2022
SKU	SYNR17296599

Global Polylactic Acid (PLA) Market Analysis 2022

The Global Polylactic Acid (PLA) Market is expected to reach $2.56 billion by 2028 growing at a CAGR of 14.2% from 2021 to 2028. Polylactic acid (PLA) material is derived from renewable resources such as corn starch or sugar cane. PLA is relatively cheap with several beneficial mechanical properties compared to other biodegradable polymers, which has made it a popular material.

Factors such as rising demand for flexible packaging, increasing need for packaged foods, snacks, and ready-to-eat meals, among others are driving the growth of the market. However, fluctuation in raw material prices is restraining the growth of the market.

Based on application, the rigid thermoforms segment is going to have a lucrative growth during the forecast period which can be attributed to as PLA is a potentially recyclable material, it is gaining market share in the rigid thermoforming segment and rigid packaging is made from paper or fiberboard/paperboard materials. This type of packaging is primarily used in the food packaging and medical industries.

The key vendors mentioned are Zhejiang Hisun Biomaterials Co., Ltd., Total Corbion PLA, Supla, BBCA Biotech, NatureWorks, Musashino Chemical Laboratory, Ltd., Jiangxi Keyuan Bio-Material Co., Ltd., Shanghai Tong-Jie-Liang Biomaterials Co., Ltd., Futerro, Evonik Industries AG, Dow Inc., COFCO, BASF SE and Sulzer.

Raw Materials Covered:

Cassava
Corn
Sugarcane & Sugar Beet

Grades Covered:

Blow Molding
Extrusion
Injection Molding
Thermoforming

Types Covered:

PDLA (Poly-D-lactic acid)
PDLLA (Poly-DL-lactic acid)
PLLA (Poly-L-lactic acid)

Applications Covered:

Rigid Thermoforms
Films and Sheets
Fibre
Coatings
Bottles

End Users Covered:

Textiles
Consumer Goods
Automotive & Transport
Electronics
Bio-Medical
Packaging
Agriculture & Horticulture
Industrial
Pharmaceuticals
Other End Users

Distribution Channels Covered:

Offline
Online

Regions Covered:

North America
Europe
Asia Pacific
South America
Middle East & Africa

Key Questions Answered in this Report:

How this market evolved since the year 2020
Market size estimations, forecasts and CAGR for all the segments presented in the scope
Key Market Developments and financials of the key players
Opportunity Analysis for the new entrants
SWOT Analysis of the key players
Fastest growing markets analyzed during the forecast period

1 Market Synopsis
2 Research Outline: 2.1 Research Snapshot; 2.2 Research Methodology; 2.3 Research Sources; 2.3.1 Primary Research Sources; 2.3.2 Secondary Research Sources
3 Market Dynamics: 3.1 Drivers; 3.2 Restraints
4 Market Environment: 4.1 Bargaining power of suppliers; 4.2 Bargaining power of buyers; 4.3 Threat of substitutes; 4.4 Threat of new entrants; 4.5 Competitive rivalry
5 Global Polylactic Acid (PLA) Market, By Raw Material: 5.1 Introduction; 5.2 Cassava; 5.3 Corn; 5.4 Sugarcane & Sugar Beet
6 Global Polylactic Acid (PLA) Market, By Grade: 6.1 Introduction; 6.2 Blow Molding; 6.3 Extrusion; 6.4 Injection Molding; 6.5 Thermoforming
7 Global Polylactic Acid (PLA) Market, By Type: 7.1 Introduction; 7.2 PDLA (Poly-D-lactic acid); 7.3 PDLLA (Poly-DL-lactic acid); 7.4 PLLA (Poly-L-lactic acid)
8 Global Polylactic Acid (PLA) Market, By Application: 8.1 Introduction; 8.2 Rigid Thermoforms; 8.3 Films and Sheets; 8.4 Fibre; 8.5 Coatings; 8.6 Bottles
9 Global Polylactic Acid (PLA) Market, By End User: 9.1 Introduction; 9.2 Textiles; 9.3 Consumer Goods; 9.4 Automotive & Transport; 9.5 Electronics; 9.6 Bio-Medical; 9.7 Packaging; 9.8 Agriculture & Horticulture; 9.9 Industrial; 9.10 Pharmaceuticals; 9.11 Other End Users
10 Global Polylactic Acid (PLA) Market, By Distribution Channel: 10.1 Introduction; 10.2 Offline; 10.3 Online
11 Global Polylactic Acid (PLA) Market, By Geography: 11.1 Introduction; 11.2 North America; 11.3 Europe; 11.4 Asia Pacific; 11.5 South America; 11.6 Middle East & Africa
12 Strategic Benchmarking
13 Vendors Landscape: 13.1 Zhejiang Hisun Biomaterials Co., Ltd.; 13.2 Total Corbion PLA; 13.3 Supla; 13.4 BBCA Biotech; 13.5 NatureWorks; 13.6 Musashino Chemical Laboratory, Ltd.; 13.7 Jiangxi Keyuan Bio-Material Co., Ltd.; 13.8 Shanghai Tong-Jie-Liang Biomaterials Co., Ltd.; 13.9 Futerro; 13.10 Evonik Industries AG; 13.11 Dow Inc.; 13.12 COFCO; 13.13 BASF SE; 13.14 Sulzer
List of Data Tables: Table 1 Global Polylactic Acid (PLA) Market Outlook, By Region (2020-2028) ($MN); Table 2 Global Polylactic Acid (PLA) Market Outlook, By Raw Material (2020-2028) ($MN); Table 3 Global Polylactic Acid (PLA) Market Outlook, By Sugarcane & Sugar Beet (2020-2028) ($MN); Table 4 Global Polylactic Acid (PLA) Market Outlook, By Corn (2020-2028) ($MN); Table 5 Global Polylactic Acid (PLA) Market Outlook, By Cassava (2020-2028) ($MN); Table 6 Global Polylactic Acid (PLA) Market Outlook, By Grade (2020-2028) ($MN); Table 7 Global Polylactic Acid (PLA) Market Outlook, By Thermoforming (2020-2028) ($MN); Table 8 Global Polylactic Acid (PLA) Market Outlook, By Injection Molding (2020-2028) ($MN); Table 9 Global Polylactic Acid (PLA) Market Outlook, By Extrusion (2020-2028) ($MN); Table 10 Global Polylactic Acid (PLA) Market Outlook, By Blow Molding (2020-2028) ($MN); Table 11 Global Polylactic Acid (PLA) Market Outlook, By Type (2020-2028) ($MN); Table 12 Global Polylactic Acid (PLA) Market Outlook, By PDLA (Poly-D-lactic acid) (2020-2028) ($MN); Table 13 Global Polylactic Acid (PLA) Market Outlook, By PLLA (Poly-L-lactic acid) (2020-2028) ($MN); Table 14 Global Polylactic Acid (PLA) Market Outlook, By PDLLA (Poly-DL-lactic acid) (2020-2028) ($MN); Table 15 Global Polylactic Acid (PLA) Market Outlook, By Application (2020-2028) ($MN); Table 16 Global Polylactic Acid (PLA) Market Outlook, By Bottles (2020-2028) ($MN); Table 17 Global Polylactic Acid (PLA) Market Outlook, By Coatings (2020-2028) ($MN); Table 18 Global Polylactic Acid (PLA) Market Outlook, By Fibre (2020-2028) ($MN); Table 19 Global Polylactic Acid (PLA) Market Outlook, By Films and Sheets (2020-2028) ($MN); Table 20 Global Polylactic Acid (PLA) Market Outlook, By Rigid Thermoforms(2020-2028) ($MN); Table 21 Global Polylactic Acid (PLA) Market Outlook, By End User (2020-2028) ($MN); Table 22 Global Polylactic Acid (PLA) Market Outlook, By Textiles (2020-2028) ($MN); Table 23 Global Polylactic Acid (PLA) Market Outlook, By Consumer Goods (2020-2028) ($MN); Table 24 Global Polylactic Acid (PLA) Market Outlook, By Automotive & Transport (2020-2028) ($MN); Table 25 Global Polylactic Acid (PLA) Market Outlook, By Electronics (2020-2028) ($MN); Table 26 Global Polylactic Acid (PLA) Market Outlook, By Bio-Medical(2020-2028) ($MN); Table 27 Global Polylactic Acid (PLA) Market Outlook, By Packaging (2020-2028) ($MN); Table 28 Global Polylactic Acid (PLA) Market Outlook, By Agriculture & Horticulture (2020-2028) ($MN); Table 29 Global Polylactic Acid (PLA) Market Outlook, By Industrial (2020-2028) ($MN); Table 30 Global Polylactic Acid (PLA) Market Outlook, By Pharmaceuticals (2020-2028) ($MN); Table 31 Global Polylactic Acid (PLA) Market Outlook, By Other End Users (2020-2028) ($MN); Table 32 Global Polylactic Acid (PLA) Market Outlook, By Distribution Channel (2020-2028) ($MN); Table 33 Global Polylactic Acid (PLA) Market Outlook, By Offline (2020-2028) ($MN); Table 34 Global Polylactic Acid (PLA) Market Outlook, By Online (2020-2028) ($MN); Table 35 North America Polylactic Acid (PLA) Market Outlook, By Raw Material (2020-2028) ($MN); Table 36 North America Polylactic Acid (PLA) Market Outlook, By Grade (2020-2028) ($MN); Table 37 North America Polylactic Acid (PLA) Market Outlook, By Type (2020-2028) ($MN); Table 38 North America Polylactic Acid (PLA) Market Outlook, By Application (2020-2028) ($MN); Table 39 North America Polylactic Acid (PLA) Market Outlook, By End User (2020-2028) ($MN); Table 40 North America Polylactic Acid (PLA) Market Outlook, By Distribution Channel (2020-2028) ($MN); Table 41 Europe Polylactic Acid (PLA) Market Outlook, By Raw Material (2020-2028) ($MN); Table 42 Europe Polylactic Acid (PLA) Market Outlook, By Grade (2020-2028) ($MN); Table 43 Europe Polylactic Acid (PLA) Market Outlook, By Type (2020-2028) ($MN); Table 44 Europe Polylactic Acid (PLA) Market Outlook, By Application (2020-2028) ($MN); Table 45 Europe Polylactic Acid (PLA) Market Outlook, By End User (2020-2028) ($MN); Table 46 Europe Polylactic Acid (PLA) Market Outlook, By Distribution Channel (2020-2028) ($MN); Table 47 Asia Pacific Polylactic Acid (PLA) Market Outlook, By Raw Material (2020-2028) ($MN); Table 48 Asia Pacific Polylactic Acid (PLA) Market Outlook, By Grade (2020-2028) ($MN); Table 49 Asia Pacific Polylactic Acid (PLA) Market Outlook, By Type (2020-2028) ($MN); Table 50 Asia Pacific Polylactic Acid (PLA) Market Outlook, By Application (2020-2028) ($MN); Table 51 Asia Pacific Polylactic Acid (PLA) Market Outlook, By End User (2020-2028) ($MN); Table 52 Asia Pacific Polylactic Acid (PLA) Market Outlook, By Distribution Channel (2020-2028) ($MN); Table 53 South America Polylactic Acid (PLA) Market Outlook, By Raw Material (2020-2028) ($MN); Table 54 South America Polylactic Acid (PLA) Market Outlook, By Grade (2020-2028) ($MN); Table 55 South America Polylactic Acid (PLA) Market Outlook, By Type (2020-2028) ($MN); Table 56 South America Polylactic Acid (PLA) Market Outlook, By Application (2020-2028) ($MN); Table 57 South America Polylactic Acid (PLA) Market Outlook, By End User (2020-2028) ($MN); Table 58 South America Polylactic Acid (PLA) Market Outlook, By Distribution Channel (2020-2028) ($MN); Table 59 Middle East & Africa Polylactic Acid (PLA) Market Outlook, By Raw Material (2020-2028) ($MN); Table 60 Middle East & Africa Polylactic Acid (PLA) Market Outlook, By Grade (2020-2028) ($MN); Table 61 Middle East & Africa Polylactic Acid (PLA) Market Outlook, By Type (2020-2028) ($MN); Table 62 Middle East & Africa Polylactic Acid (PLA) Market Outlook, By Application (2020-2028) ($MN); Table 63 Middle East & Africa Polylactic Acid (PLA) Market Outlook, By End User (2020-2028) ($MN); Table 64 Middle East & Africa Polylactic Acid (PLA) Market Outlook, By Distribution Channel (2020-2028) ($MN)