Global Polylactic Acid (PLA) Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026
Polylactic acid (PLA) is an aliphatic polyester made up of lactic acid (2-hydroxy propionic acid) building blocks. It is also a biodegradable and compostable thermoplastic derived from renewable plant sources, such as starch and sugar. PLA can be processed through different production lines including injection molding, blow molding, thermoforming or extrusion, and further used to produce various items such as plastic films, bottles, and biodegradable medical devices.
NatureWorks accounted for largest share of 77% in 2017.
Market Analysis and Insights: Global Polylactic Acid (PLA) Market
In 2019, the global Polylactic Acid (PLA) market size was US$ 660.8 million and it is expected to reach US$ 1102.4 million by the end of 2026, with a CAGR of 7.5% during 2021-2026.
Global Polylactic Acid (PLA) Scope and Market Size
Polylactic Acid (PLA) market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Polylactic Acid (PLA) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Polylactic Acid (PLA) market is segmented into
Poly(L-lactic)acid
Poly(D-lactic)acid
Poly(DL-lactic)acid
Segment by Application, the Polylactic Acid (PLA) market is segmented into
Food & Beverage Packaging
Serviceware
Electronics & Appliances
Medical & Hygiene
Other
The food and beverage packaging holds an important share in terms of applications, and accounts for 34% of the market share.
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Polylactic Acid (PLA) market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Polylactic Acid (PLA) product introduction, recent developments, Polylactic Acid (PLA) sales by region, type, application and by sales channel.
The major companies include:
NatureWorks
Synbra Technology
Teijin
Toray
Futerro
Toyobo
Sulzer
Uhde Inventa-Fischer
Hisun Biomaterials
Shanghai Tongjieliang
Jiuding Biological Engineering
Shenzhen Esun Industrial
NatureWorks accounted for largest share of 77% in 2017.
Market Analysis and Insights: Global Polylactic Acid (PLA) Market
In 2019, the global Polylactic Acid (PLA) market size was US$ 660.8 million and it is expected to reach US$ 1102.4 million by the end of 2026, with a CAGR of 7.5% during 2021-2026.
Global Polylactic Acid (PLA) Scope and Market Size
Polylactic Acid (PLA) market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Polylactic Acid (PLA) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Polylactic Acid (PLA) market is segmented into
Poly(L-lactic)acid
Poly(D-lactic)acid
Poly(DL-lactic)acid
Segment by Application, the Polylactic Acid (PLA) market is segmented into
Food & Beverage Packaging
Serviceware
Electronics & Appliances
Medical & Hygiene
Other
The food and beverage packaging holds an important share in terms of applications, and accounts for 34% of the market share.
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Competitive Landscape
and Polylactic Acid (PLA) Market Share AnalysisPolylactic Acid (PLA) market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Polylactic Acid (PLA) product introduction, recent developments, Polylactic Acid (PLA) sales by region, type, application and by sales channel.
The major companies include:
NatureWorks
Synbra Technology
Teijin
Toray
Futerro
Toyobo
Sulzer
Uhde Inventa-Fischer
Hisun Biomaterials
Shanghai Tongjieliang
Jiuding Biological Engineering
Shenzhen Esun Industrial
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
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- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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