Press release
Global polylactic acid market to grow at a CAGR of 19.99% during the period 2017-2021
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Description
PLA is a bioplastic that is biodegradable in nature. It is derived from renewable sources such as sugarcane and corn starch. Its manufacturing process includes condensation and polymerization. It is widely used for packaging in the food and beverage industry. It is also used for various applications such as biodegradable polymers, food and beverages, medical and pharmaceutical, and personal care.
Technavios analysts forecast the global polylactic acid market to grow at a CAGR of 19.99% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global polylactic acid market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
Europe
ROW
Technavio's report, Global Polylactic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
BASF
Corbion
NatureWorks
Synbra Technology bv
Other prominent vendors
Exxon Mobil
The Dow Chemical company
DuPont
Futerro
Galactic
Henan Jindan Lactic Acid Technology
Market driver
Easy availability of raw materials
For a full, detailed list, view our report
Market challenge
Lack of consumer awareness and acceptance
For a full, detailed list, view our report
Market trend
Increasing use of PLA by automotive manufacturers
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 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?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by application
Global PLA market by application
PART 07: Market segmentation by product form
Global PLA market by product form
Global PLA market in films and sheets
Global PLA market in coatings
Global PLA market in fibers
Global PLA market in others
PART 08: Market segmentation by end-user
Global PLA market by end-user industry
Global PLA market in the packaging industry
Global PLA market in the textile industry
Global PLA market in the electronics industry
Global PLA market in the other industries
PART 09: Geographical segmentation
Global PLA market by geography
PLA market in Europe
PLA market in the Americas
PLA market in APAC
PLA market in ROW
PART 10: Decision framework
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PART 11: Drivers and challenges
Market drivers
Market challenges
PART 12: Market trends
Increasing use of PLA by automotive manufacturers
Demand for sustainable products
Increasing use of bioplastics in the manufacture of WPCs and 3D printing
PART 13: Vendor landscape
Competitive landscape
Key market vendors
Other prominent vendors
PART 14: Key vendor analysis
BASF
Corbion
NatureWorks
Synbra Technology bv
PART 15: Appendix
List of abbreviations
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