The global polylactic acid market size is expected to grow at a CAGR of 16% during 2021-2027. Polylactic acid (PLA) is a biodegradable thermoplastic aliphatic polymer produced from the lactic acid of various crops such as corn, sorghum, tapioca, etc. Contains tapioca root sugarcane, corn starch and wheat. Polylactic acid is widely used in a variety of packaging applications for short-lived foods, beverages and other consumer goods.
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A full report of Global Polylactic Acid Market https://www.orionmarketreports.com/polylactic-acid-market/38347/
The Polylactic Acid key players in this market include:
- NatureWorks LLC
- BASF
- Mitsubishi Chemical Holding Corporation
- Synbra Holding BV
- Teijin Ltd
By Type
- Packaging
- Agriculture
- Transport
- Electronics
- Textiles
- Others
By Application
- Packaging
- Agriculture
- Automotive & Transport
- Electronics
- Textile
- Others
Scope of the Report
The research study analyses the global Polylactic Acid industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Polylactic Acid Market Report
- What was the Polylactic Acid Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Polylactic Acid Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer/vendor/players in the Polylactic Acid Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Polylactic Acid market.
- The market share of the global Polylactic Acid market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Polylactic Acid market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Polylactic Acid market.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)