Global Polylactic Acid Market by Country (United States, Canada, India, China, Japan, United Kingdom) Market Opportunities Trends, Size And Market Share 2015 – 2021 – Acute Market Reports


Polylactic acid (PLA) is a biodegradable material with rigidity and clarity similar to polystyrene (PS) or polyethylene terephthalate (PET) and is used in applications such as packaging, catering, agriculture, automobiles etc. PLA is one of the best products in emerging bioplastic market because of its availability specifically in regions where there is more demand such as the US, Europe, China, Japan and Thailand. Natural polymers, biopolymers, and synthetic polymers based on renewable resources are the basis for the twenty-first century portfolio of sustainable, eco-efficient plastics. These materials will replace petroleum-based polymers such as HDPE, PET, PPetc., which are used in similar applications.

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PLA is relatively new and emerging market. Developed countries such as the US and Europe are the largest market for PLA; however, developing Asian nations such as China and Thailand are also becoming lucrative destinations for the PLA market. Raw material availability, infrastructure development, favorable government policies and awareness of environmental benefits of PLA are the major drivers for the PLA market in different geographies.
. PLA has wide range of applications such as packaging, agriculture, catering, automobile, electronics, 3d printing, medical implants and construction materials. The market is growing at a CAGR of over 20% with construction material application growing at the fastest pace.

1. Natureworks Llc
3. Zhejiang Hisun Biomaterials Co., Ltd.
4. Futerro
5. Synbra
6. Teijin
7. Mitubishi holding corporation

This Occams Research Report covers
1. Historical data
2. Revenue forecasts, growth rates and CAGR upto 2021
3. Industry Analysis
4. Competitive Analysis
5. Key geographic growth data
6. Deep profiles top competitive companies

1. Chap 1. Polylactic Acid Market Overview
1.1. What Is Polylactic Acid (PLA)?
1.2. Value Chain Analysis Of The PLA Market
1.2.1. Raw Material Producers
1.2.2. Raw Material Suppliers
1.2.3. Manufacturers
1.2.4. Distributors
1.2.5. Plastic Converters (Consumers)
1.3. Key Buying Criteria

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Chap 2. Key Motivators Of PLA Market
2.1. Favorable Government Policies Are Driving The Market
2.2. Renewable Raw Materials And Availability Of Raw Materials
2.3. Rising Petroleum Prices Driving PLA Raw Materials
2.4. New Technology Enabled PLA Competes With Traditional Polymers
2.5. End Of Life Applications
2.5.1. Composting
2.5.2. Feedstock Recycling
2.5.3. Recycling
2.5.4. Near-Infrared (Nir)
2.5.5. Black Light Illumination
2.5.6. Incineration
2.5.7. Landfill

Chap 3. Key Factors Restricting The Growth Of PLA Market
3.1. Using Edible Raw Material Remains A Social Issue
3.2. PLA Is Only Compostable In Industrial Composting Facilities
3.2.1. Feedstock Being Used For Other Applications
3.3. Competitive Market
3.3.1. Big Companies Are Quitting PLA Market

Chap 4. Key Challenges For PLA Market
4.1. Low Awareness In Developing Countries
4.2. Difficult To Identify PLA Products In Waste Streams
4.3. Cost Reduction Of PLA Is A Big Challenge
4.4. Thermal And Mechanical Properties Of PLA Are A Challenge
4.5. Opportunity Of New Business Line For Existing Companies

Chap 5. Applications Of PLA
5.1. PLA Has Wide Range Of Applications
5.1.1. Packaging
5.1.2. Catering
5.1.3. Agriculture

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