The global polylactide acid market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for biodegradable plastics and packaging materials, which are replacing conventional plastics in various applications such as food packaging and medical devices. Polylactide acid is also used in agriculture as a soil amendment for improving soil quality and crop yield.
The global polylactide acid market can be segmented on the basis of type, application, and region. On the basis of type, it can be segmented into corn starch-based PLA (polylactic acid), tapioca roots-based PLA (polylactic acid), sugarcane-based PLA (polylactic acid). On the basis of application, it can be segmented into packing material, agricultural product, medical device or equipment; textile product or fabric; other applications such as automotive parts or construction material; others such as furniture or toys. On the basis of region it can be segmented into North America (US, Canada), Latin America (Brazil), Europe (Germany France Italy Spain U.K.), Asia Pacific excluding Japan) APEJ) countries including China India South Korea Australia New Zealand Thailand Singapore Malaysia Indonesia Vietnam Philippines Taiwan Hong Kong Japan); Middle East & Africa MEA) countries including Saudi Arabia UAE Qatar Kuwait Oman Bahrain Egypt Nigeria South Africa Morocco Algeria Tunisia Kenya Sudan Ethiopia Tanzania Uganda Kenya).
Some Of The Growth Factors Of This Market:
- Polylactide Acid is a biodegradable polymer that can be used in the production of packaging materials, medical devices, and other products.
- The global population is expected to grow by 2 billion people by 2050, which will increase demand for food and consumer goods.
- The increasing number of people living in urban areas will also drive demand for Polylactide Acid as it can be used to produce packaging materials that are more environmentally friendly than traditional plastics.
- As the world's population continues to grow, there will be an increased need for sustainable solutions to meet the needs of a growing population without harming the environment or depleting natural resources such as water and fossil fuels; Polylactide Acid offers one such solution because it is biodegradable and does not require petroleum-based chemicals during its production process like traditional plastics do.
- The global market for polymers has been growing steadily over the past few years due to increased demand from emerging economies such as China and India; this trend is expected to continue into 2020 with an estimated growth rate of 4%.
Industry Growth Insights published a new data on “Polylactide Acid Market”. The research report is titled “Polylactide Acid Market research by Types (From Corn Starch, From Tapioca Roots, From Sugarcane, Other), By Applications (Packing, Agriculture, Medical, Textile, Other), By Players/Companies BASF, DOW Chemical, DuPont Tate & Lyle Bio Products, Metabolix Inc, BioAmber, Genomatica, Cobalt Technologies, Myriant, BioMCN, Corbion N.V., NatureWorks, Mitsubishi Chemical, Braskem”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polylactide Acid Market Research Report
By Type
From Corn Starch, From Tapioca Roots, From Sugarcane, Other
By Application
Packing, Agriculture, Medical, Textile, Other
By Companies
BASF, DOW Chemical, DuPont Tate & Lyle Bio Products, Metabolix Inc, BioAmber, Genomatica, Cobalt Technologies, Myriant, BioMCN, Corbion N.V., NatureWorks, Mitsubishi Chemical, Braskem
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Polylactide Acid Market Report Segments:
The global Polylactide Acid market is segmented on the basis of:
Types
From Corn Starch, From Tapioca Roots, From Sugarcane, Other
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
Packing, Agriculture, Medical, Textile, 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:
- BASF
- DOW Chemical
- DuPont Tate & Lyle Bio Products
- Metabolix Inc
- BioAmber
- Genomatica
- Cobalt Technologies
- Myriant
- BioMCN
- Corbion N.V.
- NatureWorks
- Mitsubishi Chemical
- Braskem
Highlights of The Polylactide Acid 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:
- From Corn Starch
- From Tapioca Roots
- From Sugarcane
- Other
- By Application:
- Packing
- Agriculture
- Medical
- Textile
- Other
- 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 Polylactide Acid 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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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?
Polylactide acid is a type of polymer that is derived from lactic acid. It has a high molecular weight and can be used in products such as medical implants, clothing, and insulation.
Some of the major companies in the polylactide acid market are BASF, DOW Chemical, DuPont Tate & Lyle Bio Products, Metabolix Inc, BioAmber, Genomatica, Cobalt Technologies, Myriant, BioMCN, Corbion N.V., NatureWorks, Mitsubishi Chemical, Braskem.
The polylactide acid market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Polylactide Acid 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. Polylactide Acid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Polylactide Acid Market - Supply Chain
4.5. Global Polylactide Acid Market Forecast
4.5.1. Polylactide Acid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Polylactide Acid Market Size (000 Units) and Y-o-Y Growth
4.5.3. Polylactide Acid Market Absolute $ Opportunity
5. Global Polylactide Acid 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. Polylactide Acid Market Size and Volume Forecast by Type
5.3.1. From Corn Starch
5.3.2. From Tapioca Roots
5.3.3. From Sugarcane
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Polylactide Acid 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. Polylactide Acid Market Size and Volume Forecast by Application
6.3.1. Packing
6.3.2. Agriculture
6.3.3. Medical
6.3.4. Textile
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Polylactide Acid 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. Polylactide Acid 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 Polylactide Acid 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. Polylactide Acid 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 Polylactide Acid Demand Share Forecast, 2019-2026
9. North America Polylactide Acid 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 Polylactide Acid 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 Polylactide Acid Market Size and Volume Forecast by Application
9.4.1. Packing
9.4.2. Agriculture
9.4.3. Medical
9.4.4. Textile
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Polylactide Acid Market Size and Volume Forecast by Type
9.7.1. From Corn Starch
9.7.2. From Tapioca Roots
9.7.3. From Sugarcane
9.7.4. Other
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 Polylactide Acid Demand Share Forecast, 2019-2026
10. Latin America Polylactide Acid 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 Polylactide Acid 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 Polylactide Acid Market Size and Volume Forecast by Application
10.4.1. Packing
10.4.2. Agriculture
10.4.3. Medical
10.4.4. Textile
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Polylactide Acid Market Size and Volume Forecast by Type
10.7.1. From Corn Starch
10.7.2. From Tapioca Roots
10.7.3. From Sugarcane
10.7.4. Other
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 Polylactide Acid Demand Share Forecast, 2019-2026
11. Europe Polylactide Acid 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 Polylactide Acid 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 Polylactide Acid Market Size and Volume Forecast by Application
11.4.1. Packing
11.4.2. Agriculture
11.4.3. Medical
11.4.4. Textile
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Polylactide Acid Market Size and Volume Forecast by Type
11.7.1. From Corn Starch
11.7.2. From Tapioca Roots
11.7.3. From Sugarcane
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.. 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 Polylactide Acid Demand Share, 2019-2026
12. Asia Pacific Polylactide Acid 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 Polylactide Acid 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 Polylactide Acid Market Size and Volume Forecast by Application
12.4.1. Packing
12.4.2. Agriculture
12.4.3. Medical
12.4.4. Textile
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Polylactide Acid Market Size and Volume Forecast by Type
12.7.1. From Corn Starch
12.7.2. From Tapioca Roots
12.7.3. From Sugarcane
12.7.4. Other
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 Polylactide Acid Demand Share, 2019-2026
13. Middle East & Africa Polylactide Acid 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 Polylactide Acid 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 Polylactide Acid Market Size and Volume Forecast by Application
13.4.1. Packing
13.4.2. Agriculture
13.4.3. Medical
13.4.4. Textile
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Polylactide Acid Market Size and Volume Forecast by Type
13.7.1. From Corn Starch
13.7.2. From Tapioca Roots
13.7.3. From Sugarcane
13.7.4. Other
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 Polylactide Acid Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Polylactide Acid Market: Market Share Analysis
14.2. Polylactide Acid Distributors and Customers
14.3. Polylactide Acid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DOW Chemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DuPont Tate & Lyle Bio Products
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Metabolix Inc
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BioAmber
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Genomatica
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cobalt Technologies
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Myriant
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. BioMCN
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Corbion N.V.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. NatureWorks
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mitsubishi Chemical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Braskem
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
