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• This report covers the present scenario and the growth prospects of the Global PLA market for the period 2015-2019.
• To calculate the market size, the report considers the revenue generated from sales of PLA across various industries and sectors.
• It also calculates the market size based on PLA volume demand and product capacity.
• It also presents the vendor landscape and a corresponding detailed analysis of the top six vendors in the market.
• The report provides data on the following segments of the Global PLA market: Application, Product Form, End-use, Geography.
Global Polylactic Acid Market
2015-2019
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Market Overview• PLA is a biodegradable lactic acid-based polymer. Raw
materials used to manufacture PLA are corn, wheat, sugar beet, sugar cane, dextrose, lactic acid, and others.
• Basic raw materials are fermented to produce lactic acid, which is the key agent for developing PLA.
• The unique properties, such as rigidity, transparency, and features similar to PET make the material a potential substitute to petroleum-based plastics.
• PLA is used in various sectors such as Biodegradable Polymers, Food and Beverages, Medical and Pharmaceuticals, and Personal Care.
• TechNavio's analysts forecast the Global PLA market to grow at a CAGR of 19.97 percent over the period 2014-2019.
To know more aboutGlobal Polylactic Acid
Market 2015-2019please mail us at
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Key Vendors and Regions
• BASF
• Braschem
• Eastman Chemicals
• Natureworks
• Nova Chemicals
• Sinopec
View Our Report: Global Polylactic
Acid Market 2015-2019
• Americas
• APAC
• Europe
• ROW
Vendors Regions
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Key Findings
• Production of PLA from Lignocellulose Feedstock - The prospect of producing PLA from lignocellulose, a biomass produced as a by-product by the Agricultural sector, offers a cost-effective and sustainable means of PLA production for the Global PLA market.
• Increasing Scope of Applications in End-User Industries - The application of PLA polymers range from packaging, textile fibers, agricultural, and biomedical, as these products are biodegradable and sustainable in nature.
• Government Incentives - Governments and regulatory bodies have taken several initiatives to create consumer awareness about the importance of using sustainable plastic and polymer products such as PLA.
• Advances in Technology - Advances in technology are expected to overcome the cost and production barriers during the forecast period.
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Key Questions Answered in Our Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Have a question of your own about this report?
Ask our Analysts
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• Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from TechNavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.
• TechNavio was founded in 2003 in London. We have about 300 analysts globally. We cover more than 500 technologies across 80 countries. Traditional media such as Forbes Asia and New York Times, along with other web media portals, like to quote us.
About TechNavio
Some of our clients include:ACT Global, Flextronics, Huawei Technologies Co, Infosys, Harris Corporation, Infosys, Intercad, Hidaka Precision Tools & Dies Company, Huawei Technologies Co, American Capital, Analysis Group, Netscout, NTT DoCoMo
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View Our Report
Global Polylactic Acid Market 2015-2019
83 Pages | SKU: IRTNTR5439
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