Polylactic acid (PLA) is a biodegradable thermoplastic polymer. It is made from renewable resources, such as corn starch or sugarcane. PLA can be used in a variety of applications, including food and beverage packaging, serviceware, electronics and appliances, medical and hygiene products. The food and beverage packaging holds an important share in terms of applications, and accounts for 34% of the market share. North America dominates the global PLA market with a share of 39%. Europe follows with a share of 27%. Asia Pacific has the third largest market share at 18%. Latin America has the lowest market share at 8%.
Some Of The Growth Factors Of This Market:
- PLA is a biodegradable polymer that can be made from renewable resources such as corn, sugarcane, and other plant-based materials.
- PLA is a bio-based material that can be recycled and composted in an industrial facility or home compost pile.
- PLA has been shown to have lower greenhouse gas emissions than petroleum-based plastics when it comes to the production of the raw material for the plastic itself, as well as during its use in manufacturing products and disposal at end of life.
- The global market for polylactic acid (PLA) was valued at USD 1 billion in 2016.
Industry Growth Insights published a new data on “Polylactic Acid (PLA) Market”. The research report is titled “Polylactic Acid (PLA) Market research by Types (Poly(L-lactic)acid, Poly(D-lactic)acid, Poly(DL-lactic)acid), By Applications (Food & Beverage Packaging, Serviceware, Electronics & Appliances, Medical & Hygiene, Other, The food and beverage packaging holds an important share in terms of applications, and accounts for 34% of the market share.), By Players/Companies NatureWorks, Synbra Technology, Teijin, Toray, Futerro, Toyobo, Sulzer, Uhde Inventa-Fischer, Hisun Biomaterials, Shanghai Tongjieliang, Jiuding Biological Engineering, Shenzhen Esun Industrial”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polylactic Acid (PLA) Market Research Report
By Type
Poly(L-lactic)acid, Poly(D-lactic)acid, Poly(DL-lactic)acid
By Application
Food & Beverage Packaging, Serviceware, Electronics & Appliances, Medical & Hygiene, Other, The food and beverage packaging holds an important share in terms of applications, and accounts for 34% of the market share.
By Companies
NatureWorks, Synbra Technology, Teijin, Toray, Futerro, Toyobo, Sulzer, Uhde Inventa-Fischer, Hisun Biomaterials, Shanghai Tongjieliang, Jiuding Biological Engineering, Shenzhen Esun Industrial
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global Polylactic Acid (PLA) Market Report Segments:
The global Polylactic Acid (PLA) market is segmented on the basis of:
Types
Poly(L-lactic)acid, Poly(D-lactic)acid, Poly(DL-lactic)acid
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 & Beverage Packaging, Serviceware, Electronics & Appliances, Medical & Hygiene, Other, The food and beverage packaging holds an important share in terms of applications, and accounts for 34% of the market share.
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:
- NatureWorks
- Synbra Technology
- Teijin
- Toray
- Futerro
- Toyobo
- Sulzer
- Uhde Inventa-Fischer
- Hisun Biomaterials
- Shanghai Tongjieliang
- Jiuding Biological Engineering
- Shenzhen Esun Industrial
 Market Overview.svg)
Highlights of The Polylactic Acid (PLA) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Poly(L-lactic)acid
- Poly(D-lactic)acid
- Poly(DL-lactic)acid
- By Application:
- Food & Beverage Packaging
- Serviceware
- Electronics & Appliances
- Medical & Hygiene
- Other
- The food and beverage packaging holds an important share in terms of applications, and accounts for 34% of the market share.
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polylactic Acid (PLA) 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
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polylactic acid (PLA) is a biodegradable plastic made from renewable resources. It has many potential applications, including food packaging, medical devices, and construction materials.
Some of the major players in the polylactic acid (pla) market are NatureWorks, Synbra Technology, Teijin, Toray, Futerro, Toyobo, Sulzer, Uhde Inventa-Fischer, Hisun Biomaterials, Shanghai Tongjieliang, Jiuding Biological Engineering, Shenzhen Esun Industrial.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Polylactic Acid (PLA) 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 (PLA) 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 (PLA) Market - Supply Chain
4.5. Global Polylactic Acid (PLA) Market Forecast
4.5.1. Polylactic Acid (PLA) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Polylactic Acid (PLA) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Polylactic Acid (PLA) Market Absolute $ Opportunity
5. Global Polylactic Acid (PLA) 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 (PLA) Market Size and Volume Forecast by Type
5.3.1. Poly(L-lactic)acid
5.3.2. Poly(D-lactic)acid
5.3.3. Poly(DL-lactic)acid
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Polylactic Acid (PLA) 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 (PLA) Market Size and Volume Forecast by Application
6.3.1. Food & Beverage Packaging
6.3.2. Serviceware
6.3.3. Electronics & Appliances
6.3.4. Medical & Hygiene
6.3.5. Other
6.3.6. The food and beverage packaging holds an important share in terms of applications, and accounts for 34% of the market share.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Polylactic Acid (PLA) 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 (PLA) 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 (PLA) 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 (PLA) 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 (PLA) Demand Share Forecast, 2019-2026
9. North America Polylactic Acid (PLA) 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 (PLA) 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 (PLA) Market Size and Volume Forecast by Application
9.4.1. Food & Beverage Packaging
9.4.2. Serviceware
9.4.3. Electronics & Appliances
9.4.4. Medical & Hygiene
9.4.5. Other
9.4.6. The food and beverage packaging holds an important share in terms of applications, and accounts for 34% of the market share.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Polylactic Acid (PLA) Market Size and Volume Forecast by Type
9.7.1. Poly(L-lactic)acid
9.7.2. Poly(D-lactic)acid
9.7.3. Poly(DL-lactic)acid
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 (PLA) Demand Share Forecast, 2019-2026
10. Latin America Polylactic Acid (PLA) 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 (PLA) 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 (PLA) Market Size and Volume Forecast by Application
10.4.1. Food & Beverage Packaging
10.4.2. Serviceware
10.4.3. Electronics & Appliances
10.4.4. Medical & Hygiene
10.4.5. Other
10.4.6. The food and beverage packaging holds an important share in terms of applications, and accounts for 34% of the market share.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Polylactic Acid (PLA) Market Size and Volume Forecast by Type
10.7.1. Poly(L-lactic)acid
10.7.2. Poly(D-lactic)acid
10.7.3. Poly(DL-lactic)acid
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 (PLA) Demand Share Forecast, 2019-2026
11. Europe Polylactic Acid (PLA) 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 (PLA) 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 (PLA) Market Size and Volume Forecast by Application
11.4.1. Food & Beverage Packaging
11.4.2. Serviceware
11.4.3. Electronics & Appliances
11.4.4. Medical & Hygiene
11.4.5. Other
11.4.6. The food and beverage packaging holds an important share in terms of applications, and accounts for 34% of the market share.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Polylactic Acid (PA) Market Size and Volume Forecast by Type
11.7.1. Poly(L-lactic)acid
11.7.2. Poly(D-lactic)acid
11.7.3. Poly(DL-lactic)acid
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 (PLA) Demand Share, 2019-2026
12. Asia Pacific Polylactic Acid (PLA) 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 (PLA) 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 (PLA) Market Size and Volume Forecast by Application
12.4.1. Food & Beverage Packaging
12.4.2. Serviceware
12.4.3. Electronics & Appliances
12.4.4. Medical & Hygiene
12.4.5. Other
12.4.6. The food and beverage packaging holds an important share in terms of applications, and accounts for 34% of the market share.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Polylactic Acid (PLA) Market Size and Volume Forecast by Type
12.7.1. Poly(L-lactic)acid
12.7.2. Poly(D-lactic)acid
12.7.3. Poly(DL-lactic)acid
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 (PLA) Demand Share, 2019-2026
13. Middle East & Africa Polylactic Acid (PLA) 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 (PLA) 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 (PLA) Market Size and Volume Forecast by Application
13.4.1. Food & Beverage Packaging
13.4.2. Serviceware
13.4.3. Electronics & Appliances
13.4.4. Medical & Hygiene
13.4.5. Other
13.4.6. The food and beverage packaging holds an important share in terms of applications, and accounts for 34% of the market share.
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 (PLA) Market Size and Volume Forecast by Type
13.7.1. Poly(L-lactic)acid
13.7.2. Poly(D-lactic)acid
13.7.3. Poly(DL-lactic)acid
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 (PLA) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Polylactic Acid (PLA) Market: Market Share Analysis
14.2. Polylactic Acid (PLA) Distributors and Customers
14.3. Polylactic Acid (PLA) 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. Uhde Inventa-Fischer
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hisun Biomaterials
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shanghai Tongjieliang
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. Shenzhen Esun Industrial
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
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
