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Polylactic Acid Market

Polylactic Acid Market

Polylactic Acid Market - Global Industry Assessment & Forecast

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Chemicals
Number Of Pages # Pages:

146

Base Year:

2022

Date

Jun - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1679

Segments Covered
  • By Grades By Grades Thermoforming Grade, Injection Molding Grade, Extrusion Grade, Blow Molding Grade, Other Grades
  • By End-Use Industry By End-Use Industry Packaging Industry, Consumer Goods Industry, Agricultural Industry, Textile Industry, Medical Industry, Building & Construction Industry, Automotive Industry
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 1.5 Million
Revenue 2030Revenue 2030: USD 3.5 Million
Revenue CAGRRevenue CAGR (2023 - 2030): 12.89%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
  1. Executive Dashboard
    1. Strategic Imperatives
  2. Premium Insights
    1. Top 3 Trends to Watch
    2. Demand and Supply Trends
    3. Top 3 Strategies Followed by Major Players
    4. Top 3 Predictions by Vantage Market Research
    5. Top Investment Pockets
    6. Insights from Primary Respondents
  3. Global Polylactic Acid Market - Segment Analysis
    1. Overview
    2. Global Polylactic Acid Market, 2016 - 2028 (USD Million)
    3. Global Polylactic Acid Market - by Grades
      1. By Thermoforming Grade
      2. By Injection Molding Grade
      3. By Extrusion Grade
      4. By Blow Molding Grade
      5. By Other Grades
    4. Global Polylactic Acid Market - by End-Use Industry
      1. By Packaging Industry
      2. By Consumer Goods Industry
      3. By Agricultural Industry
      4. By Textile Industry
      5. By Medical Industry
      6. By Building & Construction Industry
      7. By Automotive Industry
    5. Global Polylactic Acid Market - by region
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
    6. Market comparative analysis
  4. North America Polylactic Acid Market - Segment Analysis
    1. Overview
    2. North America Polylactic Acid Market, 2016 - 2028 (USD Million)
    3. North America Polylactic Acid Market, by Grades
      1. By Thermoforming Grade
      2. By Injection Molding Grade
      3. By Extrusion Grade
      4. By Blow Molding Grade
      5. By Other Grades
    4. North America Polylactic Acid Market, by End-Use Industry
      1. By Packaging Industry
      2. By Consumer Goods Industry
      3. By Agricultural Industry
      4. By Textile Industry
      5. By Medical Industry
      6. By Building & Construction Industry
      7. By Automotive Industry
    5. North America Polylactic Acid Market, by Country
      1. U.S.
        1. U.S. Polylactic Acid Market, By Grades
          1. By Thermoforming Grade
          2. By Injection Molding Grade
          3. By Extrusion Grade
          4. By Blow Molding Grade
          5. By Other Grades
        2. U.S. Polylactic Acid Market, By End-Use Industry
          1. By Packaging Industry
          2. By Consumer Goods Industry
          3. By Agricultural Industry
          4. By Textile Industry
          5. By Medical Industry
          6. By Building & Construction Industry
          7. By Automotive Industry
      2. Canada
        1. Canada Polylactic Acid Market, By Grades
          1. By Thermoforming Grade
          2. By Injection Molding Grade
          3. By Extrusion Grade
          4. By Blow Molding Grade
          5. By Other Grades
        2. Canada Polylactic Acid Market, By End-Use Industry
          1. By Packaging Industry
          2. By Consumer Goods Industry
          3. By Agricultural Industry
          4. By Textile Industry
          5. By Medical Industry
          6. By Building & Construction Industry
          7. By Automotive Industry
      3. Mexico
        1. Mexico Polylactic Acid Market, By Grades
          1. By Thermoforming Grade
          2. By Injection Molding Grade
          3. By Extrusion Grade
          4. By Blow Molding Grade
          5. By Other Grades
        2. Mexico Polylactic Acid Market, By End-Use Industry
          1. By Packaging Industry
          2. By Consumer Goods Industry
          3. By Agricultural Industry
          4. By Textile Industry
          5. By Medical Industry
          6. By Building & Construction Industry
          7. By Automotive Industry
  5. Europe Polylactic Acid Market - Segment Analysis
    1. Overview
    2. Europe Polylactic Acid Market, 2016 - 2028 (USD Million)
    3. Europe Polylactic Acid Market, by Grades
      1. By Thermoforming Grade
      2. By Injection Molding Grade
      3. By Extrusion Grade
      4. By Blow Molding Grade
      5. By Other Grades
    4. Europe Polylactic Acid Market, by End-Use Industry
      1. By Packaging Industry
      2. By Consumer Goods Industry
      3. By Agricultural Industry
      4. By Textile Industry
      5. By Medical Industry
      6. By Building & Construction Industry
      7. By Automotive Industry
    5. Europe Polylactic Acid Market, by Country
      1. Germany
        1. Germany Polylactic Acid Market, By Grades
          1. By Thermoforming Grade
          2. By Injection Molding Grade
          3. By Extrusion Grade
          4. By Blow Molding Grade
          5. By Other Grades
        2. Germany Polylactic Acid Market, By End-Use Industry
          1. By Packaging Industry
          2. By Consumer Goods Industry
          3. By Agricultural Industry
          4. By Textile Industry
          5. By Medical Industry
          6. By Building & Construction Industry
          7. By Automotive Industry
      2. UK
        1. UK Market, By Grades
          1. By Thermoforming Grade
          2. By Injection Molding Grade
          3. By Extrusion Grade
          4. By Blow Molding Grade
          5. By Other Grades
        2. UK Market, By End-Use Industry
          1. By Packaging Industry
          2. By Consumer Goods Industry
          3. By Agricultural Industry
          4. By Textile Industry
          5. By Medical Industry
          6. By Building & Construction Industry
          7. By Automotive Industry
      3. France
        1. France Polylactic Acid Market, By Grades
          1. By Thermoforming Grade
          2. By Injection Molding Grade
          3. By Extrusion Grade
          4. By Blow Molding Grade
          5. By Other Grades
        2. France Polylactic Acid Market, By End-Use Industry
          1. By Packaging Industry
          2. By Consumer Goods Industry
          3. By Agricultural Industry
          4. By Textile Industry
          5. By Medical Industry
          6. By Building & Construction Industry
          7. By Automotive Industry
      4. Spain
        1. Spain Polylactic Acid Market, By Grades
          1. By Thermoforming Grade
          2. By Injection Molding Grade
          3. By Extrusion Grade
          4. By Blow Molding Grade
          5. By Other Grades
        2. Spain Polylactic Acid Market, By End-Use Industry
          1. By Packaging Industry
          2. By Consumer Goods Industry
          3. By Agricultural Industry
          4. By Textile Industry
          5. By Medical Industry
          6. By Building & Construction Industry
          7. By Automotive Industry
      5. Italy
        1. Italy Polylactic Acid Market, By Grades
          1. By Thermoforming Grade
          2. By Injection Molding Grade
          3. By Extrusion Grade
          4. By Blow Molding Grade
          5. By Other Grades
        2. Italy Polylactic Acid Market, By End-Use Industry
          1. By Packaging Industry
          2. By Consumer Goods Industry
          3. By Agricultural Industry
          4. By Textile Industry
          5. By Medical Industry
          6. By Building & Construction Industry
          7. By Automotive Industry
      6. BENELUX
        1. BENELUX Polylactic Acid Market, By Grades
          1. By Thermoforming Grade
          2. By Injection Molding Grade
          3. By Extrusion Grade
          4. By Blow Molding Grade
          5. By Other Grades
        2. BENELUX Polylactic Acid Market, By End-Use Industry
          1. By Packaging Industry
          2. By Consumer Goods Industry
          3. By Agricultural Industry
          4. By Textile Industry
          5. By Medical Industry
          6. By Building & Construction Industry
          7. By Automotive Industry
      7. Rest of Europe
        1. Rest Of Europe Polylactic Acid Market, By Grades
          1. By Thermoforming Grade
          2. By Injection Molding Grade
          3. By Extrusion Grade
          4. By Blow Molding Grade
          5. By Other Grades
        2. Rest Of Europe Polylactic Acid Market, By End-Use Industry
          1. By Packaging Industry
          2. By Consumer Goods Industry
          3. By Agricultural Industry
          4. By Textile Industry
          5. By Medical Industry
          6. By Building & Construction Industry
          7. By Automotive Industry
  6. Asia Pacific Polylactic Acid Market - Segment Analysis
    1. Overview
    2. Asia Pacific Polylactic Acid Market, 2016 - 2028 (USD Million)
    3. Asia Pacific Polylactic Acid Market, by Grades
      1. By Thermoforming Grade
      2. By Injection Molding Grade
      3. By Extrusion Grade
      4. By Blow Molding Grade
      5. By Other Grades
    4. Asia Pacific Polylactic Acid Market, by End-Use Industry
      1. By Packaging Industry
      2. By Consumer Goods Industry
      3. By Agricultural Industry
      4. By Textile Industry
      5. By Medical Industry
      6. By Building & Construction Industry
      7. By Automotive Industry
    5. Asia Pacific Polylactic Acid Market, by Country
      1. China
        1. China Polylactic Acid Market, By Grades
          1. By Thermoforming Grade
          2. By Injection Molding Grade
          3. By Extrusion Grade
          4. By Blow Molding Grade
          5. By Other Grades
        2. China Polylactic Acid Market, By End-Use Industry
          1. By Packaging Industry
          2. By Consumer Goods Industry
          3. By Agricultural Industry
          4. By Textile Industry
          5. By Medical Industry
          6. By Building & Construction Industry
          7. By Automotive Industry
      2. Japan
        1. Japan Polylactic Acid Market, By Grades
          1. By Thermoforming Grade
          2. By Injection Molding Grade
          3. By Extrusion Grade
          4. By Blow Molding Grade
          5. By Other Grades
        2. Japan Polylactic Acid Market, By End-Use Industry
          1. By Packaging Industry
          2. By Consumer Goods Industry
          3. By Agricultural Industry
          4. By Textile Industry
          5. By Medical Industry
          6. By Building & Construction Industry
          7. By Automotive Industry
      3. India
        1. India Polylactic Acid Market, By Grades
          1. By Thermoforming Grade
          2. By Injection Molding Grade
          3. By Extrusion Grade
          4. By Blow Molding Grade
          5. By Other Grades
        2. India Polylactic Acid Market, By End-Use Industry
          1. By Packaging Industry
          2. By Consumer Goods Industry
          3. By Agricultural Industry
          4. By Textile Industry
          5. By Medical Industry
          6. By Building & Construction Industry
          7. By Automotive Industry
      4. South Korea
        1. South Korea Polylactic Acid Market, By Grades
          1. By Thermoforming Grade
          2. By Injection Molding Grade
          3. By Extrusion Grade
          4. By Blow Molding Grade
          5. By Other Grades
        2. South Korea Polylactic Acid Market, By End-Use Industry
          1. By Packaging Industry
          2. By Consumer Goods Industry
          3. By Agricultural Industry
          4. By Textile Industry
          5. By Medical Industry
          6. By Building & Construction Industry
          7. By Automotive Industry
      5. South East Asia
        1. South East Asia Polylactic Acid Market, By Grades
          1. By Thermoforming Grade
          2. By Injection Molding Grade
          3. By Extrusion Grade
          4. By Blow Molding Grade
          5. By Other Grades
        2. South East Asia Polylactic Acid Market, By End-Use Industry
          1. By Packaging Industry
          2. By Consumer Goods Industry
          3. By Agricultural Industry
          4. By Textile Industry
          5. By Medical Industry
          6. By Building & Construction Industry
          7. By Automotive Industry
      6. Rest of Asia Pacific
        1. Rest of Asia Pacific Polylactic Acid Market, By Grades
          1. By Thermoforming Grade
          2. By Injection Molding Grade
          3. By Extrusion Grade
          4. By Blow Molding Grade
          5. By Other Grades
        2. Rest of Asia Pacific Polylactic Acid Market, By End-Use Industry
          1. By Packaging Industry
          2. By Consumer Goods Industry
          3. By Agricultural Industry
          4. By Textile Industry
          5. By Medical Industry
          6. By Building & Construction Industry
          7. By Automotive Industry
  7. Latin America Polylactic Acid Market - Segment Analysis
    1. Overview
    2. Latin America Polylactic Acid Market, 2016 - 2028 (USD Million)
    3. Latin America Polylactic Acid Market, by Grades
      1. By Thermoforming Grade
      2. By Injection Molding Grade
      3. By Extrusion Grade
      4. By Blow Molding Grade
      5. By Other Grades
    4. Latin America Polylactic Acid Market, by End-Use Industry
      1. By Packaging Industry
      2. By Consumer Goods Industry
      3. By Agricultural Industry
      4. By Textile Industry
      5. By Medical Industry
      6. By Building & Construction Industry
      7. By Automotive Industry
    5. Latin America Polylactic Acid Market, by Country
      1. Brazil
        1. Brazil Polylactic Acid Market, By Grades
          1. By Thermoforming Grade
          2. By Injection Molding Grade
          3. By Extrusion Grade
          4. By Blow Molding Grade
          5. By Other Grades
        2. Brazil Polylactic Acid Market, By End-Use Industry
          1. By Packaging Industry
          2. By Consumer Goods Industry
          3. By Agricultural Industry
          4. By Textile Industry
          5. By Medical Industry
          6. By Building & Construction Industry
          7. By Automotive Industry
      2. Argentina
        1. Argentina Polylactic Acid Market, By Grades
          1. By Thermoforming Grade
          2. By Injection Molding Grade
          3. By Extrusion Grade
          4. By Blow Molding Grade
          5. By Other Grades
        2. Argentina Polylactic Acid Market, By End-Use Industry
          1. By Packaging Industry
          2. By Consumer Goods Industry
          3. By Agricultural Industry
          4. By Textile Industry
          5. By Medical Industry
          6. By Building & Construction Industry
          7. By Automotive Industry
      3. Rest of Latin America
        1. Rest of Latin America Polylactic Acid Market, By Grades
          1. By Thermoforming Grade
          2. By Injection Molding Grade
          3. By Extrusion Grade
          4. By Blow Molding Grade
          5. By Other Grades
        2. Rest of Latin America Polylactic Acid Market, By End-Use Industry
          1. By Packaging Industry
          2. By Consumer Goods Industry
          3. By Agricultural Industry
          4. By Textile Industry
          5. By Medical Industry
          6. By Building & Construction Industry
          7. By Automotive Industry
  8. Middle East & Africa Polylactic Acid Market - Segment Analysis
    1. Overview
    2. Middle East & Africa Polylactic Acid Market, 2016 - 2028 (USD Million)
    3. Middle East & Africa Polylactic Acid Market, by Grades
      1. By Thermoforming Grade
      2. By Injection Molding Grade
      3. By Extrusion Grade
      4. By Blow Molding Grade
      5. By Other Grades
    4. Middle East & Africa Polylactic Acid Market, by End-Use Industry
      1. By Packaging Industry
      2. By Consumer Goods Industry
      3. By Agricultural Industry
      4. By Textile Industry
      5. By Medical Industry
      6. By Building & Construction Industry
      7. By Automotive Industry
    5. Middle East & Africa Polylactic Acid Market, by Country
      1. GCC Countries
        1. GCC Countries Polylactic Acid Market, By Grades
          1. By Thermoforming Grade
          2. By Injection Molding Grade
          3. By Extrusion Grade
          4. By Blow Molding Grade
          5. By Other Grades
        2. GCC Countries Polylactic Acid Market, By End-Use Industry
          1. By Packaging Industry
          2. By Consumer Goods Industry
          3. By Agricultural Industry
          4. By Textile Industry
          5. By Medical Industry
          6. By Building & Construction Industry
          7. By Automotive Industry
      2. South Africa
        1. South Africa Polylactic Acid Market, By Grades
          1. By Thermoforming Grade
          2. By Injection Molding Grade
          3. By Extrusion Grade
          4. By Blow Molding Grade
          5. By Other Grades
        2. South Africa Polylactic Acid Market, By End-Use Industry
          1. By Packaging Industry
          2. By Consumer Goods Industry
          3. By Agricultural Industry
          4. By Textile Industry
          5. By Medical Industry
          6. By Building & Construction Industry
          7. By Automotive Industry
      3. Rest of Middle East & Africa
        1. Rest of Middle East & Africa Polylactic Acid Market, By Grades
          1. By Thermoforming Grade
          2. By Injection Molding Grade
          3. By Extrusion Grade
          4. By Blow Molding Grade
          5. By Other Grades
        2. Rest of Middle East & Africa Polylactic Acid Market, By End-Use Industry
          1. By Packaging Industry
          2. By Consumer Goods Industry
          3. By Agricultural Industry
          4. By Textile Industry
          5. By Medical Industry
          6. By Building & Construction Industry
          7. By Automotive Industry
  9. Key Market Dynamics
    1. Introduction
    2. Market Drivers
    3. Market Restraints
    4. Market Opportunities
    5. Porter's Five Forces Analysis
    6. PEST Analysis
    7. Regulatory Landscape
    8. Technology Landscape
    9. Regional Market Trends
  10. COVID 19 Impact Analysis
    1. Key strategies undertaken by companies to tackle COVID-19
    2. Short term dynamics
    3. Long term dynamics
  11. Marketing Stratagy Analysis
    1. Marketing Channel
    2. Direct Marketing
    3. Indirect Marketing
    4. Marketing Channel Development Trends
  12. Competative Landscape
    1. Competition Matrix - 2021
    2. Company Market Share Analysis - 2021
    3. Key Company Activities, 2018 - 2021
    4. Strategic Developments - Heat Map Analysis
    5. Company Offering Evaluation
    6. Company Regional Presence Evaluation
  13. Company Profiles
    1. NatureWorks LLC (U.S.)
    2. Total Corbion PLA (Netherlands)
    3. BASF SE (Germany)
    4. Futerro (Belgium)
    5. Cofco (China)
    6. Mitsubishi Chemicals Corporation (Japan)
    7. Danimer Scientific (U.S.)
    8. Unitika Ltd. (Japan)
    9. Evonik Industries (Germany)
    10. Toray Industries Inc (Japan)
  14. Key Primary Respondents - VERBATIM
  15. Discussion Guide
  16. Customization Offered
  17. Annexure
  18. List of Figures
  19. List of Tables
  20. List of Abbreviations
Vantage Market Research | 27-Jun-2022
Polylactic Acid Market to Reach Valuation of USD 1334.7 Million by 2028 – Growing Demand for Bioplastics and Increasing Demand from the Packaging Industry Drives the Market
FAQ
Frequently Asked Question

  • The global Polylactic Acid valued at USD 1.5 Million in 2022 and is expected to reach USD 3.5 Million in 2030 growing at a CAGR of 12.89%.

  • The prominent players in the market are NatureWorks LLC (U.S.), Total Corbion PLA (Netherlands), BASF SE (Germany), Futerro (Belgium), Cofco (China), Mitsubishi Chemicals Corporation (Japan), Danimer Scientific (U.S.), Unitika Ltd. (Japan), Evonik Industries (Germany), Toray Industries Inc (Japan).

  • The market is project to grow at a CAGR of 12.89% between 2023 and 2030.

  • The driving factors of the Polylactic Acid include

    • Changing consumer preference toward eco-friendly plastic products

  • North America was the leading regional segment of the Polylactic Acid in 2022.

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