Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Polylactic Acid Bioplastic Market by Type (Injection Molding Grade, Film Grade, Sheet Grade, Fiber Grade), By Application (Food Packaging & Tableware, Medical and Personal Care, Film Products, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Polylactic Acid Bioplastic Market by Type (Injection Molding Grade, Film Grade, Sheet Grade, Fiber Grade), By Application (Food Packaging & Tableware, Medical and Personal Care, Film Products, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 145648 3300 Chemical & Material 377 238 Pages 4.9 (48)
                                          

The global polylactic acid bioplastic market is expected to grow at a CAGR of around 8.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for bioplastics in various applications such as food packaging and tableware, medical and personal care, film products. The growing awareness about environmental sustainability among consumers is also driving the growth of this market. The global polylactic acid bioplastic market by type includes injection molding grade, film grade, sheet grade and fiber grade. Injection molding grade accounted for the largest share in 2018 due to its wide application in various industries such as food packaging and tableware, medical and personal care, film products etc, followed by film grade which is used mainly in films products such as plastic bags or wraps etc, sheet grades are used mainly in food packaging & tableware applications while fiber grades are used mainly for clothing or other textile applications.

Some Of The Growth Factors Of This Market:

  1. Polylactic acid bioplastic is a type of bioplastic that is made from renewable resources such as corn, potatoes, and sugarcane.
  2. The production of polylactic acid bioplastics has been increasing in recent years due to the growing demand for sustainable packaging materials.
  3. Polylactic acid bioplastics are recyclable and can be recycled into new products without any loss in quality or performance.
  4. Polylactic acid bioplastics are also compostable which means they can be broken down by microorganisms in a composting environment to produce carbon dioxide, water, and humus (a rich organic soil).
  5. The use of polylactic acid bioplastics will help reduce the amount of petroleum-based plastics that are used each year which will help reduce greenhouse gas emissions.

Industry Growth Insights published a new data on “Polylactic Acid Bioplastic Market”. The research report is titled “Polylactic Acid Bioplastic Market research by Types (Injection Molding Grade, Film Grade, Sheet Grade, Fiber Grade), By Applications (Food Packaging & Tableware, Medical and Personal Care, Film Products, Other), By Players/Companies NatureWorks, Synbra Technology, Teijin, Toray, Futerro, Toyobo, Sulzer, Unitika, Total Corbion, Zhejiang Hisun Biomaterials, Jiuding Biological Engineering, Shanghai Tong-Jie-Liang, eSUN”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Polylactic Acid Bioplastic Market Research Report

By Type

Injection Molding Grade, Film Grade, Sheet Grade, Fiber Grade

By Application

Food Packaging & Tableware, Medical and Personal Care, Film Products, Other

By Companies

NatureWorks, Synbra Technology, Teijin, Toray, Futerro, Toyobo, Sulzer, Unitika, Total Corbion, Zhejiang Hisun Biomaterials, Jiuding Biological Engineering, Shanghai Tong-Jie-Liang, eSUN

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

238

Number of Tables & Figures

167

Customization Available

Yes, the report can be customized as per your need.


Global Polylactic Acid Bioplastic Industry Outlook


Global Polylactic Acid Bioplastic Market Report Segments:

The global Polylactic Acid Bioplastic market is segmented on the basis of:

Types

Injection Molding Grade, Film Grade, Sheet Grade, Fiber Grade

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Food Packaging & Tableware, Medical and Personal Care, Film Products, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. NatureWorks
  2. Synbra Technology
  3. Teijin
  4. Toray
  5. Futerro
  6. Toyobo
  7. Sulzer
  8. Unitika
  9. Total Corbion
  10. Zhejiang Hisun Biomaterials
  11. Jiuding Biological Engineering
  12. Shanghai Tong-Jie-Liang
  13. eSUN

Global Polylactic Acid Bioplastic Market Overview


Highlights of The Polylactic Acid Bioplastic Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Injection Molding Grade
    2. Film Grade
    3. Sheet Grade
    4. Fiber Grade
  1. By Application:

    1. Food Packaging & Tableware
    2. Medical and Personal Care
    3. Film Products
    4. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Polylactic Acid Bioplastic Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Polylactic Acid Bioplastic Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Polylactic acid (PLA) is a bioplastic made from renewable resources like cornstarch. It has many potential applications, including food packaging and other products that need to be environmentally friendly.

Some of the key players operating in the polylactic acid bioplastic market are NatureWorks, Synbra Technology, Teijin, Toray, Futerro, Toyobo, Sulzer, Unitika, Total Corbion, Zhejiang Hisun Biomaterials, Jiuding Biological Engineering, Shanghai Tong-Jie-Liang, eSUN.

The polylactic acid bioplastic market is expected to grow at a compound annual growth rate of 8.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Polylactic Acid Bioplastic Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Polylactic Acid Bioplastic Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Polylactic Acid Bioplastic Market - Supply Chain
   4.5. Global Polylactic Acid Bioplastic Market Forecast
      4.5.1. Polylactic Acid Bioplastic Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Polylactic Acid Bioplastic Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Polylactic Acid Bioplastic Market Absolute $ Opportunity

5. Global Polylactic Acid Bioplastic Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Polylactic Acid Bioplastic Market Size and Volume Forecast by Type
      5.3.1. Injection Molding Grade
      5.3.2. Film Grade
      5.3.3. Sheet Grade
      5.3.4. Fiber Grade
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Polylactic Acid Bioplastic Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Polylactic Acid Bioplastic Market Size and Volume Forecast by Application
      6.3.1. Food Packaging & Tableware
      6.3.2. Medical and Personal Care
      6.3.3. Film Products
      6.3.4. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Polylactic Acid Bioplastic Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Polylactic Acid Bioplastic Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Polylactic Acid Bioplastic Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Polylactic Acid Bioplastic Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Polylactic Acid Bioplastic Demand Share Forecast, 2019-2026

9. North America Polylactic Acid Bioplastic Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Polylactic Acid Bioplastic Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Polylactic Acid Bioplastic Market Size and Volume Forecast by Application
      9.4.1. Food Packaging & Tableware
      9.4.2. Medical and Personal Care
      9.4.3. Film Products
      9.4.4. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Polylactic Acid Bioplastic Market Size and Volume Forecast by Type
      9.7.1. Injection Molding Grade
      9.7.2. Film Grade
      9.7.3. Sheet Grade
      9.7.4. Fiber Grade
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Polylactic Acid Bioplastic Demand Share Forecast, 2019-2026

10. Latin America Polylactic Acid Bioplastic Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Polylactic Acid Bioplastic Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Polylactic Acid Bioplastic Market Size and Volume Forecast by Application
      10.4.1. Food Packaging & Tableware
      10.4.2. Medical and Personal Care
      10.4.3. Film Products
      10.4.4. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Polylactic Acid Bioplastic Market Size and Volume Forecast by Type
      10.7.1. Injection Molding Grade
      10.7.2. Film Grade
      10.7.3. Sheet Grade
      10.7.4. Fiber Grade
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Polylactic Acid Bioplastic Demand Share Forecast, 2019-2026

11. Europe Polylactic Acid Bioplastic Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Polylactic Acid Bioplastic Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Polylactic Acid Bioplastic Market Size and Volume Forecast by Application
      11.4.1. Food Packaging & Tableware
      11.4.2. Medical and Personal Care
      11.4.3. Film Products
      11.4.4. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Polylactic Acid Bioplastic Market Size and Volume Forecast by Type
      11.7.1. Injection Molding Grade
      11.7.2. Film Grade
      11.7.3. Sheet Grade
      11.7.4. Fiber Grade
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Polylactic Acid Bioplastic Demand Share, 2019-2026

12. Asia Pacific Polylactic Acid Bioplastic Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Polylactic Acid Bioplastic Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Polylactic Acid Bioplastic Market Size and Volume Forecast by Application
      12.4.1. Food Packaging & Tableware
      12.4.2. Medical and Personal Care
      12.4.3. Film Products
      12.4.4. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Polylactic Acid Bioplastic Market Size and Volume Forecast by Type
      12.7.1. Injection Molding Grade
      12.7.2. Film Grade
      12.7.3. Sheet Grade
      12.7.4. Fiber Grade
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Polylactic Acid Bioplastic Demand Share, 2019-2026

13. Middle East & Africa Polylactic Acid Bioplastic Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Polylactic Acid Bioplastic Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Polylactic Acid Bioplastic Market Size and Volume Forecast by Application
      13.4.1. Food Packaging & Tableware
      13.4.2. Medical and Personal Care
      13.4.3. Film Products
      13.4.4. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Polylactic Acid Bioplastic Market Size and Volume Forecast by Type
      13.7.1. Injection Molding Grade
      13.7.2. Film Grade
      13.7.3. Sheet Grade
      13.7.4. Fiber Grade
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Polylactic Acid Bioplastic Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Polylactic Acid Bioplastic Market: Market Share Analysis
   14.2. Polylactic Acid Bioplastic Distributors and Customers
   14.3. Polylactic Acid Bioplastic Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. NatureWorks
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Synbra Technology
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Teijin
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Toray
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Futerro
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Toyobo
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Sulzer
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Unitika
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Total Corbion
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Zhejiang Hisun Biomaterials
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Jiuding Biological Engineering
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Shanghai Tong-Jie-Liang
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. eSUN
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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