Middle East and Africa Polylactic Acid Market 2019-2028

MARKET OUTLOOK

As per an analysis, the polylactic acid market in the Middle East and Africa will grow at a CAGR of 10.52% and 12.36% in terms of revenue and volume respectively during the projected years 2019-2028.
Saudi Arabia, Turkey, South Africa, United Arab Emirates and Rest of Middle East & Africa are studied in the Middle East and Africa polylactic acid market.

In the Middle East and African region, there is an increased demand for secondary packaging owing to the growing trend in categories like perfumes, packaged food items and skincare. Polylactic acid is used in the packaging industry. Hence, the booming package industry indicates an increased growth in the studied market in the region. Besides, a lot of consumers and companies are increasingly adopting zero-waste-compliant policy, which is trying to focus on sustainability as a key development agenda in the UAE. Hence, packaging manufacturers are making huge investments in developing innovative packaging concerning demographic and lifestyle changes.

In the United Arab Emirates, the Minister of Climate Change and Environment has started the initiative to reduce the usage of plastic bags aiming to make the country free of plastic bags. These increasing initiatives by the UAE authorities are likely to fuel the demand for polylactic acid in the country in the coming years. The Israeli Ministry of Environmental Protection, in 2017, also adopted a plan to ban the usage of plastic bags, considering the environmental concerns. This will give a boost to the bio-based packaging in the forthcoming years in Israel, thereby aiding the growth of the polylactic acid market.

COMPETITIVE OUTLOOK

The significant players in the polylactic acid market are Innovia Films, Danimer Scientific, Zhejiang Hisun Biomaterials Co Ltd, Green Dot Bioplastics, Synbra Holding BV, Mitsubishi Chemical Holding Corporation and Teijin Limited.

1. Middle East and Africa Polylactic Acid Market - Summary

2. Industry Outlook

2.1. Market Definition
2.2. Key Insights
2.2.1. Packaging is the Largest-Contributing End-User Segment of the Market
2.2.2. Coatings is the Rapidly-Growing Product Form of Pla
2.2.3. Corn is the Extensively-Used Raw Material for Pla Extraction
2.3. Porter's Five Force Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Suppliers
2.3.4. Bargaining Power of Buyers
2.3.5. Intensity of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Value Chain Analysis
2.6.1. Raw Material
2.6.2. Production
2.6.3. Retailer/Distributor
2.6.4. End-User
2.7. Key Buying Criteria
2.7.1. Price
2.7.2. Alternatives
2.7.3. Availability
2.7.4. End of Life Effects
2.8. Regulatory Framework
2.9. Market Drivers
2.9.1. Government Support
2.9.2. Growth in Environmental Degradation
2.10. Market Restraints
2.10.1. Higher Cost as Compared to Conventional Options
2.11. Market Opportunities
2.11.1. Widening Demand Supply Gap in Petroleum Products Due to Limited Availability
2.12. Market Challenges
2.12.1. Require Industrial Composting Units
2.12.2. Low Functionality as Compared to Conventional Alternatives

3. Polylactic Acid Market Outlook - by Raw Material

3.1. Corn
3.2. Sugarcane & Sugar Beet
3.3. Cassava
3.4. Other Raw Material

4. Polylactic Acid Market Outlook - by End-User

4.1. Packaging
4.2. Medical
4.3. Textiles
4.4. Agriculture
4.5. Electronics
4.6. Automotive
4.7. Other End-Users

5. Polylactic Acid Market Outlook - by Form

5.1. Fiber
5.2. Films & Sheets
5.3. Coatings
5.4. Other Forms

6. Polylactic Acid Market – Middle East and Africa

6.1. The United Arab Emirates
6.2. Turkey
6.3. Saudi Arabia
6.4. South Africa
6.5. Rest of Middle East & Africa

7. Competitive Landscape

7.1. Natureworks LLC
7.2. BASF
7.3. Mitsubishi Chemical Holding Corporation
7.4. Zhejiang Hisun Biomaterials Co Ltd
7.5. Futerro Sa
7.6. Synbra Holding Bv
7.7. Teijin Limited
7.8. Dow
7.9. Thyssenkrupp AG
7.10. Danimer Scientific
7.11. Green Dot Bioplastics
7.12. Innovia Films
7.13. Good Natured Products Inc
7.14. Total Corbion Pla

8. Research Methodology & Scope

8.1. Research Scope & Deliverables
8.1.1. Objectives of Study
8.1.2. Scope of Study
8.2. Sources of Data
8.2.1. Primary Data Sources
8.2.2. Secondary Data Sources
8.3. Research Methodology
8.3.1. Evaluation of Proposed Market
8.3.2. Identification of Data Sources
8.3.3. Assessment of Market Determinants
8.3.4. Data Collection
8.3.5. Data Validation & Analysis

List of Tables

Table 1: Middle East and Africa Polylactic Acid Market, by Country, 2019-2028 (In $ Million)
Table 2: Middle East and Africa Polylactic Acid Market, by Country, 2019-2028 (In Kilo Metric Ton)
Table 3: Vendor Scorecard
Table 4: Legal, Policy & Regulatory Framework
Table 5: Middle East and Africa Polylactic Acid Market, by Raw Material, 2019-2028 (In $ Million)
Table 6: Middle East and Africa Polylactic Acid Market, by End-User, 2019-2028 (In $ Million)
Table 7: Middle East and Africa Polylactic Acid Market, by End-User, 2019-2028 (In Kilo Metric Ton)
Table 8: Middle East and Africa Polylactic Acid Market, by Form, 2019-2028 (In $ Million)
Table 9: Middle East and Africa Polylactic Acid Market, by Country, 2019-2028 (In $ Million)
Table 10: Middle East and Africa Polylactic Acid Market, by Country, 2019-2028 (In Kilo Metric Ton)

List of Figures

Figure 1: Middle East and Africa Polylactic Acid Market, by End-User, 2019 & 2028 (In %)
Figure 2: Middle East and Africa Packaging Market, 2019-2028 (In $ Million)
Figure 3: Middle East and Africa Coatings Market, 2019-2028 (In $ Million)
Figure 4: Middle East and Africa Corn Market, 2019-2028 (In $ Million)
Figure 5: Porter's Five Force Analysis
Figure 6: Market Attractiveness Index
Figure 7: Value Chanin Analysis
Figure 8: Key Buying Criteria
Figure 9: Middle East and Africa Polylactic Acid Market, by Corn, 2019-2028 (In $ Million)
Figure 10: Middle East and Africa Polylactic Acid Market, by Sugarcane & Sugar Beet, 2019-2028 (In $ Million)
Figure 11: Middle East and Africa Polylactic Acid Market, by Cassava, 2019-2028 (In $ Million)
Figure 12: Middle East and Africa Polylactic Acid Market, by Other Raw Material, 2019-2028 (In $ Million)
Figure 13: Middle East and Africa Polylactic Acid Market, by Packaging, 2019-2028 (In $ Million)
Figure 14: Middle East and Africa Polylactic Acid Market, by Medical, 2019-2028 (In $ Million)
Figure 15: Middle East and Africa Polylactic Acid Market, by Textiles, 2019-2028 (In $ Million)
Figure 16: Middle East and Africa Polylactic Acid Market, by Agriculture, 2019-2028 (In $ Million)
Figure 17: Middle East and Africa Polylactic Acid Market, by Electronics, 2019-2028 (In $ Million)
Figure 18: Middle East and Africa Polylactic Acid Market, by Automotive, 2019-2028 (In $ Million)
Figure 19: Middle East and Africa Polylactic Acid Market, by Other End-Users, 2019-2028 (In $ Million)
Figure 20: Middle East and Africa Polylactic Acid Market, by Fiber, 2019-2028 (In $ Million)
Figure 21: Middle East and Africa Polylactic Acid Market, by Films & Sheets, 2019-2028 (In $ Million)
Figure 22: Middle East and Africa Polylactic Acid Market, by Coatings, 2019-2028 (In $ Million)
Figure 23: Middle East and Africa Polylactic Acid Market, by Other Forms, 2019-2028 (In $ Million)
Figure 24: Middle East and Africa Polylactic Acid Market, Regional Outlook, 2019 & 2028 (In %)
Figure 25: the United Arab Emirates Polylactic Acid Market, 2019-2028 (In $ Million)
Figure 26: Turkey Polylactic Acid Market, 2019-2028 (In $ Million)
Figure 27: Saudi Arabia Polylactic Acid Market, 2019-2028 (In $ Million)
Figure 28: South Africa Polylactic Acid Market, 2019-2028 (In $ Million)
Figure 29: Rest of Middle East & Africa Polylactic Acid Market, 2019-2028 (In $ Million)