Polylactic Acid Market | Global Industry Share, Size, Analysis 2019-2027
                     Global Polylactic Acid Market
Forecast 2019-2027
Agenda
Regional 
Key Findings Insights
Market Competitive 
Insights Insights
Left Image Slide Key Findings
• The Global Polylactic Acid Market is anticipated 
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• The market is primarily driven by factors such as 
a lack of fossil fuel resources, high petroleum 
prices, favorable government support, 
substantial end-user applications, rising 
environmental concerns and the increasing 
demand from the developing countries. 
• The ability of PLA to blend with other materials 
and its production from second-generation 
biomass such as waste vegetable oil are some of 
the positive attributes that can be influential for 
the market growth during the forecasting 
tenure.
Market Insights
• The Global Polylactic Acid Market is segmented based on products 
and application. The product segment is further sub-segmented into 
coatings, films and sheets, and fibers. 
• The films and sheets are the most popular sub-segment from the 
product type. The application segment includes catering, packaging, 
textile material, agriculture, electronic materials, consumer goods, 
etc. Of these, the market scope for packaging application is the 
highest. 
• High heat resistance capacity of PLA makes it very suitable for 
packaging and other application where higher temperature 
resistance is a necessity.
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The Global Polylactic Acid Market is estimated to grow with 14.55% CAGR during 
the forecasting year of 2019-2027. 
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Request Free Sample The North America 
Polylactic Acid Market is 
expected to expand with a CAGR 
of 11.95% during the forecast 
period 2019-2027. 
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The Europe Polylactic Acid 
Market is anticipated to rise 
with a CAGR of 12.22% 
during the forecast period 
2019-2027. 
The Asia Pacific 
Polylactic Acid Market is 
anticipated to rise with a 
CAGR of 18.35% during the Request Free Sample
forecast period of 2019-
2027. 
Competitive Insights
Danimer Scientific (Merged By Meridian, Inc.), 
Synbra Holding B.V., Natureworks LLC, Zhejiang 
Hisun Biomaterials Co., Ltd., Futerro SA, Teijin 
Aramid B.V., Dow Chemicals, Thyssenkrupp AG, 
Green Dot Holdings LLC, Biobent Polymers, 
Teijin Aramid B.V., BASF, Innovia Films (Acquired 
By CCL Industries Inc.), Total-Corbion, Solegear 
Bioplastics Inc. and Mitsubishi Chemical Holding 
Corporation are some of the global market 
leaders for polylactic acid products.