Global Polylactic Acid Market 2017-2021 - Product Image

Global Polylactic Acid Market 2017-2021

  • ID: 4376191
  • Report
  • Region: Global
  • 85 pages
  • TechNavio
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About Polylactic Acid

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.

The 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
The 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 drivers
  • Easy availability of raw materials
  • For a full, detailed list, view the full report
Market challenges
  • Lack of consumer awareness and acceptance
  • For a full, detailed list, view the full report
Market trends
  • Increasing use of PLA by automotive manufacturers
  • For a full, detailed list, view the full 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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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

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
List of Exhibits
Exhibit 01: Properties of PLA
Exhibit 02: Types of PLA
Exhibit 03: Types of manufacturing process for PLA
Exhibit 04: Global PLA market
Exhibit 05: Global PLA market 2016 and 2021 ($ millions)
Exhibit 06: Market forecast: Global PLA market 2016-2021
Exhibit 07: Global PLA market 2016 and 2021 (kilo metric tons)
Exhibit 08: Market forecast: Global PLA market 2016-2021
Exhibit 09: Five forces analysis
Exhibit 10: Global PLA market by application 2016 (% share)
Exhibit 11: Global PLA market by product form 2016 (% share)
Exhibit 12: Global PLA market by product form 2021 (% share)
Exhibit 13: Global PLA market in films and sheets 2016 and 2021 ($ millions)
Exhibit 14: Market forecast: Global PLA market in films and sheets 2016-2021
Exhibit 15: Global PLA market in coatings 2016 and 2021 ($ millions)
Exhibit 16: Market forecast: Global PLA market in coatings 2016-2021
Exhibit 17: Global PLA market in fibers 2016 and 2021 ($ millions)
Exhibit 18: Market forecast: Global PLA market in fibers 2016-2021
Exhibit 19: Global PLA market in others 2016 and 2021 ($ millions)
Exhibit 20: Market forecast: Global PLA market in others 2016-2021
Exhibit 21: Global PLA market by end-user industry 2016 (% share)
Exhibit 22: Global PLA market by end-user industry 2021 (% share)
Exhibit 23: Global PLA market in the packaging industry 2016 and 2021 ($ millions)
Exhibit 24: Market forecast: Global PLA market in the packaging industry 2016-2021
Exhibit 25: Global packaging by end-user market 2015 (% revenue)
Exhibit 26: Global PLA market in the textile industry 2016 and 2021 ($ millions)
Exhibit 27: Market forecast: Global PLA market in the textile industry 2016-2021
Exhibit 28: Global PLA market in the electronics industry 2016 and 2021 ($ millions)
Exhibit 29: Market forecast: Global PLA market in the electronics industry 2016-2021
Exhibit 30: Global PLA market in the other industries 2016 and 2021 ($ millions)
Exhibit 31: Market forecast: Global PLA market in the other industries 2016-2021
Exhibit 32: Global PLA market by geography 2016 (% share)
Exhibit 33: Global PLA market by geography 2021 (% share)
Exhibit 34: PLA market in Europe 2016 and 2021 ($ millions)
Exhibit 35: Market forecast: PLA market in Europe 2016-2021
Exhibit 36: PLA market in the Americas 2016 and 2021 ($ millions)
Exhibit 37: Market forecast: PLA market in the Americas 2016-2021
Exhibit 38: PLA market in APAC 2016 and 2021 ($ millions)
Exhibit 39: Market forecast: PLA market in APAC 2016-2021
Exhibit 40: PLA market in ROW 2016 and 2021 ($ millions)
Exhibit 41: Market forecast: PLA market in ROW 2016-2021
Exhibit 42: Production of PLA and raw materials used
Exhibit 43: List of countries imposing bans, taxes, or charges on plastic bags to reduce environmental problems
Exhibit 44: Key market vendors
Exhibit 45: BASF: Business segment by revenue 2016 (% share)
Exhibit 46: BASF: Geographical segment by revenue 2016 (% share)
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New Report Released: – Global Polylactic Acid Market 2017-2021

The author of the report recognizes the following companies as the key players in the global polylactic acid market: BASF, Corbion, NatureWorks, and Synbra Technology bv.

Other Prominent Vendors in the market are: Exxon Mobil, The Dow Chemical company, DuPont, Futerro, Galactic, and Henan Jindan Lactic Acid Technology.

Commenting on the report, an analyst from the research team said: “One trend in the market is increasing use of PLA by automotive manufacturers. PLA meets all the performance specifications that have been formulated by original equipment manufacturers (OEM), except for abrasion resistance and flammability. It is found that fabrics derived from PLA perform equally or better than that derived from PET. PLA materials are being increasingly adopted as they ensure lightweight parts in comparison with synthetic counterparts.”

According to the report, one driver in the market is easy availability of raw materials. PLA is commonly produced from plant-based raw materials, which are easily available. The production process of PLA involves the use of corn-starch or sugarcane as raw materials. These are easily available in the market, thereby acting as a driver for the global PLA market during the forecast period. Lactic acid is obtained from the fermentation of starch or sugar and then it is used in the production of PLA which is more biodegradable than conventional plastic that is derived from petrochemicals.

Further, the report states that one challenge in the market is lack of consumer awareness and acceptance. The awareness of consumers on the need to use PLA is low in developing countries. Consumers are using non-renewable petrochemical based plastics that will have an adverse impact on the environment. Creating awareness on the benefits of using PLA for applications such as packaging and other end-user applications, along with the need to protect the environment, is an essential factor for market growth. In addition, understanding the basics of bioplastics, such as the difference between bioplastics and petroleum-based plastics is essential to carry out effective composting process.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Rockwell Collins
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