Market Research Report

Global Poly Lactic Acid Market Report By Application (Packaging, Agriculture, Transport, Electronics, Textiles, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2021-2028

ID:VMR11213132
April 2021
Report Formats: Electronic (PDF), MS EXCEL
The global demand for Poly Lactic Acid Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2021 and foreseen to touch XX Kilo Tons by 2028 with a CAGR of XX% during 2022-2028.
 
Polylactic acid (PLA) is a thermoplastic polymer derived from renewable resources like sugar cane, tapioca, or cornstarch. This class of polymer is biodegradable, and recyclable hence called a bioplastic. There are many different types of PLA. PLA is biocompatible and highly versatile and is commonly used in short lifespan applications. It is highly sought after in the food and packaging industry to make bottles, films, and pack sensitive food products. PLA is unsuitable for high-temperature applications but best suited for biodegradable medical devices and medical implants. It is a smart polymer with excellent mechanical and optical properties and is considered a suitable candidate for 3D printing.
 
Market Dynamics
 
The rapidly expanding packaging industry and increasing adoption of eco-friendly packaging materials are the critical drivers for the growth of the polylactic acid market. Growing demand for sustainable green materials across various end-user industries like textiles, automotive, and construction will further propel market growth. The increasing government initiatives to control pollution and pave the way for environment-friendly biodegradable products in the healthcare sector will be a market booster. Easy availability of raw materials is a crucial factor in elevating the PLA market. Rising awareness about carcinogenic plastics and food safety and available in the global market will continue to enhance the market growth. The main constraints hampering this market’s growth are the lack of strength, cost-effectiveness, and dependency on crops for production.
 
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
 
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of poly lactic acid.
 
Market Segmentation
 
The entire poly lactic acid market has been sub-categorized into application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
 
By Application
  • Packaging
  • Agriculture
  • Transport
  • Electronics
  • Textiles
  • Others
 
Regional Analysis
 
This section covers regional segmentation which accentuates on current and future demand for poly lactic acid market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
 
Global Poly Lactic Acid Market Share by Region (Representative Graph)
 
Global Poly Lactic Acid Market Share
 
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the poly lactic acid market include BASF SE, Futerro, NatureWorks LLC, Hitachi Ltd., Sulzer Ltd., Zheijiang Hisun Biomaterials Co., Ltd., Thyssenkrupp AG, Teijin Ltd., Total Corbion PLA, Synbra Technology BV. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
                                          
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1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Poly Lactic Acid Market
       2.2. Global Poly Lactic Acid Market Snapshot
 
3 . POLY LACTIC ACID – INDUSTRY ANALYSIS
       3.1. Introduction
       3.2. Market Drivers of Poly Lactic Acid Market
       3.3. Market Restraints of Poly Lactic Acid Market
       3.4. Opportunities of Poly Lactic Acid Market
       3.5. Trends of Poly Lactic Acid Market
       3.6. Porter’s Five Force Analysis of Poly Lactic Acid Market
       3.7. Poly Lactic Acid Market Attractiveness Analysis
           3.7.1 Market Attractive Analysis by Application
           3.7.2 Market Attractive Analysis by Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Poly Lactic Acid Value Chain Analysis
       4.2. Poly Lactic Acid Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Poly Lactic Acid Raw Material Manufactures List
           4.2.3. Price Trend of Poly Lactic Acid Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak on Poly Lactic Acid Market
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Poly Lactic Acid Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Poly Lactic Acid Market Size in 2020, by Scenario
       5.5. COVID-19: Micro and Macro Factor Analysis on Poly Lactic Acid Market
 
6 . GLOBAL POLY LACTIC ACID MARKET ANALYSIS BY APPLICATION
       6.1 Overview by Application
       6.2 Historical Data 2015-2018
       6.3 Global Poly Lactic Acid Market Analysis by Application
       6.4 Market Analysis of Packaging by Regions
       6.6 Market Analysis of Agriculture by Regions
       6.5 Market Analysis of Transport by Regions
       6.7 Market Analysis of Electronics by Regions
       6.8 Market Analysis of Textiles by Regions
       6.9 Market Analysis of Others by Regions
 
7 . GLOBAL POLY LACTIC ACID MARKET ANALYSIS BY GEOGRAPHY
       7.1. Regional Outlook
       7.2. Introduction
       7.3. North America
           7.3.1. Overview and Historic Data
           7.3.2. North America Poly Lactic Acid Market Estimate By Market Segment
           7.3.3. North America Poly Lactic Acid Market Estimate By Country
           7.3.4. United State
           7.3.5. Canada
           7.3.6. Mexico
       7.4. Europe
           7.4.1. Overview and Historic Data
           7.4.2. Europe Poly Lactic Acid Market Estimate by Market Segment
           7.4.3. Europe Poly Lactic Acid Market Estimate by Country
           7.4.4. United Kingdom
           7.4.5. France
           7.4.6. Germany
           7.4.7. Italy
           7.4.8. Russia
           7.4.9. Rest Of Europe
       7.5. Asia Pacific
           7.5.1. Overview and Historic Data
           7.5.2. Asia Pacific Poly Lactic Acid Market Estimate by Market Segment
           7.5.3. Asia Pacific Poly Lactic Acid Market Estimate by Country
           7.5.4. China
           7.5.5. India
           7.5.6. Japan
           7.5.7. South Korea
           7.5.8. Australia
           7.5.9. Rest Of Asia Pacific
       7.6. Latin America
           7.6.1. Overview and Historic Data
           7.6.2. Latin America Poly Lactic Acid Market Estimate by Market Segment
           7.6.3. Latin America Poly Lactic Acid Market Estimate by Country
           7.6.4. Brazil
           7.6.5. Argentina
           7.6.6. Peru
           7.6.7. Chile
           7.6.8. Rest of Latin America
       7.7. Middle East & Africa
           7.7.1. Overview and Historic Data
           7.7.2. Middle East & Africa Poly Lactic Acid Market Estimate by Market Segment
           7.7.3. Middle East & Africa Poly Lactic Acid Market Estimate by Country
           7.7.4. Saudi Arabia
           7.7.5. UAE
           7.7.6. Israel
           7.7.7. South Africa
           7.7.8. Rest Of Middle East And Africa
 
8 . COMPETITIVE LANDSCAPE OF THE POLY LACTIC ACID COMPANIES
       8.1. Poly Lactic Acid Market Competition
       8.2. Partnership/Collaboration/Agreement
       8.3. Merger And Acquisitions
       8.4. New Product Launch
       8.5. Other Developments
 
9 . COMPANY PROFILES OF POLY LACTIC ACID INDUSTRY
       9.1. Company Share Analysis
       9.2. Market Concentration Rate
       9.3. BASF SE
           9.3.1. Company Overview
           9.3.2. Financials
           9.3.3. Products
           9.3.4. Recent Developments
       9.4. Futerro
           9.4.1. Company Overview
           9.4.2. Financials
           9.4.3. Products
           9.4.4. Recent Developments
       9.5. NatureWorks LLC
           9.5.1. Company Overview
           9.5.2. Financials
           9.5.3. Products
           9.5.4. Recent Developments
       9.6. Hitachi Ltd.
           9.6.1. Company Overview
           9.6.2. Financials
           9.6.3. Products
           9.6.4. Recent Developments
       9.7. Sulzer Ltd.
           9.7.1. Company Overview
           9.7.2. Financials
           9.7.3. Products
           9.7.4. Recent Developments
       9.8. Zheijiang Hisun Biomaterials Co., Ltd.
           9.8.1. Company Overview
           9.8.2. Financials
           9.8.3. Products
           9.8.4. Recent Developments
       9.9. Thyssenkrupp AG
           9.9.1. Company Overview
           9.9.2. Financials
           9.9.3. Products
           9.9.4. Recent Developments
       9.10. Teijin Ltd.
           9.10.1. Company Overview
           9.10.2. Financials
           9.10.3. Products
           9.10.4. Recent Developments
       9.11. Total Corbion PLA
           9.11.1. Company Overview
           9.11.2. Financials
           9.11.3. Products
           9.11.4. Recent Developments
       9.12. Synbra Technology BV
           9.12.1. Company Overview
           9.12.2. Financials
           9.12.3. Products
           9.12.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES

  • Global Poly Lactic Acid Market Snapshot
  • Drivers of The Global Poly Lactic Acid Market Impact Analysis
  • Restraints of The Global Poly Lactic Acid Market Impact Analysis
  • List of Raw Material
  • List of Raw Material Manufactures
  • List of Potential Buyers
  • COVID-19 Impact Analysis by Production, Import, Export and Demand
  • Poly Lactic Acid Market: Pre V/S Post COVID-19
  • Estimated Impact Of The Coronavirus (Covid-19) Epidemic On The Poly Lactic Acid Market Size In 2020, By Scenario
  • COVID-19: Micro and Macro Factor Analysis on Poly Lactic Acid Market
  • Global Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Historic Data 2015-2018
  • Global Poly Lactic Acid Market Analysis in Packaging by Geography (Kilo Tons & USD MN)
  • Global Poly Lactic Acid Market Analysis in Agriculture by Geography (Kilo Tons & USD MN)
  • Global Poly Lactic Acid Market Analysis in Transport by Geography (Kilo Tons & USD MN)
  • Global Poly Lactic Acid Market Analysis in Electronics by Geography (Kilo Tons & USD MN)
  • Global Poly Lactic Acid Market Analysis in Textiles by Geography (Kilo Tons & USD MN)
  • Global Poly Lactic Acid Market Analysis in Others by Geography (Kilo Tons & USD MN)
  • Global Poly Lactic Acid Market by Geography (Kilo Tons & USD MN)
  • Historic Data 2015-2018
  • North America Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • North America Poly Lactic Acid Market Estimate by Country (Kilo Tons & USD MN)
  • United State Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Canada Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Mexico Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Europe Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Europe Poly Lactic Acid Market Estimate by Country (Kilo Tons & USD MN)
  • United Kingdom Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • France Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Germany Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Italy Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Russia Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Spain Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Rest of Europe Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Asia Pacific Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Asia Pacific Poly Lactic Acid Market Estimate by Country (Kilo Tons & USD MN)
  • China Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Japan Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • India Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • South Korea Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Australia Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Rest of Asia Pacific Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Latin America Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Latin America Poly Lactic Acid Market Estimate by Country (Kilo Tons & USD MN)
  • Brazil Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Argentina Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Peru Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Chile Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Rest of Latin America Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Middle East & Africa Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Middle East & Africa Poly Lactic Acid Market Estimate by Country (Kilo Tons & USD MN)
  • Saudi Arabia Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • UAE Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Israel Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • South Africa Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Rest of Middle East and Africa Poly Lactic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Partnership/Collaboration/Agreement
  • Mergers And Acquisiton
 
LIST OF FIGURES
 
  • Research Scope of Poly Lactic Acid Report
  • Market Research Process
  • Market Research Methodology
  • Global Poly Lactic Acid Market Size, by Region (2019)
  • Porters Five Forces Analysis
  • Market Attractiveness Analysis by Application
  • Market Attractiveness Analysis by Region
  • Value Chain Analysis
  • Global Poly Lactic Acid Market Analysis by Application
  • Global Poly Lactic Acid Market Analysis in Packaging by Region
  • Global Poly Lactic Acid Market Analysis in Agriculture by Region
  • Global Poly Lactic Acid Market Analysis in Transport by Region
  • Global Poly Lactic Acid Market Analysis in Electronics by Region
  • Global Poly Lactic Acid Market Analysis in Textiles by Region
  • Global Poly Lactic Acid Market Analysis in Others by Region
  • Global Poly Lactic Acid Market by Volume And Revenue
  • North America Poly Lactic Acid Market by Volume And Revenue
  • Europe Poly Lactic Acid Market by Volume And Revenue
  • Asia Pacific Poly Lactic Acid Market by Volume And Revenue
  • Latin America Poly Lactic Acid Market by Volume And Revenue
  • Middle East & Africa Poly Lactic Acid Market by Volume And Revenue
  • Recent Development in Poly Lactic Acid Industry
  • Company Market Share Analysis
 
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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