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Bio Polylactic Acid (PLA) is a bioplastic derived from renewable resources such as corn starch, tapioca roots, or sugarcane. It is a thermoplastic aliphatic polyester derived from renewable resources, and is biodegradable and compostable. PLA is used in a variety of applications, including packaging, food service, medical devices, and consumer products. It is also used in 3D printing and injection molding. PLA is a popular choice for bioplastics due to its low cost, low toxicity, and high strength.
PLA is a rapidly growing market, with demand driven by the increasing demand for sustainable and eco-friendly products. The market is expected to grow at a steady rate in the coming years, driven by the increasing demand for bioplastics in various industries.
Some of the major companies in the Bio Polylactic Acid market include NatureWorks LLC, Corbion, Futerro, BASF, and Total Corbion PLA. Show Less Read more