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Global Bio-Polylactic Acid Market by Raw Material (Cassava, Corn, Sugarcane & Sugar Beet), Form (Coatings, Fiber, Films & Sheets), End User - Forecast 2024-2030

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    Report

  • 197 Pages
  • January 2024
  • Region: Global
  • 360iResearch™
  • ID: 4896795
UP TO OFF until Dec 31st 2024
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The Bio-Polylactic Acid Market size was estimated at USD 1.01 billion in 2023, USD 1.15 billion in 2024, and is expected to grow at a CAGR of 13.96% to reach USD 2.53 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Bio-Polylactic Acid Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Bio-Polylactic Acid Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Bio-Polylactic Acid Market, highlighting leading vendors and their innovative profiles. These include BASF SE, COFCO Corporation, Danimer Scientific, Inc., DuPont de Nemours, Inc., Evonik Industries AG, Futerro Group, Mitsubishi Chemical Corporation, NatureWorks LLC, Sulzer Ltd., Teijin Limited, Toray Industries, Inc., TotalEnergies Corbion BV, Unitika Ltd., and Zhejiang Hisun Biomaterials Co., Ltd.

Market Segmentation & Coverage

This research report categorizes the Bio-Polylactic Acid Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Raw Material
    • Cassava
    • Corn
    • Sugarcane & Sugar Beet
  • Form
    • Coatings
    • Fiber
    • Films & Sheets
  • End User
    • Agriculture
    • Automotive
    • Electronics
    • Medical
    • Packaging
    • Textile
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Bio-Polylactic Acid Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Bio-Polylactic Acid Market?
  3. What are the technology trends and regulatory frameworks in the Bio-Polylactic Acid Market?
  4. What is the market share of the leading vendors in the Bio-Polylactic Acid Market?
  5. Which modes and strategic moves are suitable for entering the Bio-Polylactic Acid Market?

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This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.

Frequently Asked Questions about the Global Bio-Polylactic Acid Market

What is the estimated value of the Global Bio-Polylactic Acid Market?

The Global Bio-Polylactic Acid Market was estimated to be valued at $1.15 Billion in 2024.

What is the growth rate of the Global Bio-Polylactic Acid Market?

The growth rate of the Global Bio-Polylactic Acid Market is 13.9%, with an estimated value of $2.53 Billion by 2030.

What is the forecasted size of the Global Bio-Polylactic Acid Market?

The Global Bio-Polylactic Acid Market is estimated to be worth $2.53 Billion by 2030.

Who are the key companies in the Global Bio-Polylactic Acid Market?

Key companies in the Global Bio-Polylactic Acid Market include BASF SE, COFCO Corporation, Danimer Scientific, Inc., DuPont de Nemours, Inc., Evonik Industries AG, Futerro Group, Mitsubishi Chemical Corporation, NatureWorks LLC, Sulzer Ltd. and Teijin Limited.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Bio-Polylactic Acid Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rise in the demand for flexible packaging in food & beverage sector
5.1.1.2. Increasing demand from various industries such as agriculture, transport, and textile industry
5.1.1.3. Environmental awareness and consumer preference towards green packaging
5.1.2. Restraints
5.1.2.1. High cost of raw material
5.1.3. Opportunities
5.1.3.1. Increasing demand for PLA in medical sector
5.1.3.2. Government initiatives to minimize the consumption of single-use plastic products
5.1.4. Challenges
5.1.4.1. Presence of economically viable alternatives
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Bio-Polylactic Acid Market, by Raw Material
6.1. Introduction
6.2. Cassava
6.3. Corn
6.4. Sugarcane & Sugar Beet
7. Bio-Polylactic Acid Market, by Form
7.1. Introduction
7.2. Coatings
7.3. Fiber
7.4. Films & Sheets
8. Bio-Polylactic Acid Market, by End User
8.1. Introduction
8.2. Agriculture
8.3. Automotive
8.4. Electronics
8.5. Medical
8.6. Packaging
8.7. Textile
9. Americas Bio-Polylactic Acid Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Bio-Polylactic Acid Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Bio-Polylactic Acid Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. BASF SE
13.1.2. COFCO Corporation
13.1.3. Danimer Scientific, Inc.
13.1.4. DuPont de Nemours, Inc.
13.1.5. Evonik Industries AG
13.1.6. Futerro Group
13.1.7. Mitsubishi Chemical Corporation
13.1.8. NatureWorks LLC
13.1.9. Sulzer Ltd.
13.1.10. Teijin Limited
13.1.11. Toray Industries, Inc.
13.1.12. TotalEnergies Corbion BV
13.1.13. Unitika Ltd.
13.1.14. Zhejiang Hisun Biomaterials Co., Ltd.
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
List of Figures
FIGURE 1. BIO-POLYLACTIC ACID MARKET RESEARCH PROCESS
FIGURE 2. BIO-POLYLACTIC ACID MARKET SIZE, 2023 VS 2030
FIGURE 3. BIO-POLYLACTIC ACID MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. BIO-POLYLACTIC ACID MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. BIO-POLYLACTIC ACID MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. BIO-POLYLACTIC ACID MARKET DYNAMICS
FIGURE 7. BIO-POLYLACTIC ACID MARKET SIZE, BY RAW MATERIAL, 2023 VS 2030 (%)
FIGURE 8. BIO-POLYLACTIC ACID MARKET SIZE, BY RAW MATERIAL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. BIO-POLYLACTIC ACID MARKET SIZE, BY FORM, 2023 VS 2030 (%)
FIGURE 10. BIO-POLYLACTIC ACID MARKET SIZE, BY FORM, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. BIO-POLYLACTIC ACID MARKET SIZE, BY END USER, 2023 VS 2030 (%)
FIGURE 12. BIO-POLYLACTIC ACID MARKET SIZE, BY END USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS BIO-POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS BIO-POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES BIO-POLYLACTIC ACID MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES BIO-POLYLACTIC ACID MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC BIO-POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC BIO-POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA BIO-POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA BIO-POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. BIO-POLYLACTIC ACID MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. BIO-POLYLACTIC ACID MARKET SHARE, BY KEY PLAYER, 2023

Companies Mentioned

  • BASF SE
  • COFCO Corporation
  • Danimer Scientific, Inc.
  • DuPont de Nemours, Inc.
  • Evonik Industries AG
  • Futerro Group
  • Mitsubishi Chemical Corporation
  • NatureWorks LLC
  • Sulzer Ltd.
  • Teijin Limited
  • Toray Industries, Inc.
  • TotalEnergies Corbion BV
  • Unitika Ltd.
  • Zhejiang Hisun Biomaterials Co., Ltd.

Methodology

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