Materials & Chemicals

World Polylactic Acid Market - Opportunities and Forecast, 2014 - 2020

  • ALL356144
  • 101 Pages
  • November 2015
  • Materials & Chemicals

Polylactic acid (PLA) is a bio-degradable thermoplastic aliphatic polymer produced from lactic acid using various crops like corn, sugarcane, tapioca etc. as a raw material. Similar to other sustainable bioplastics, PLA has a huge market potential to be used in various packaging applications of food, beverages and other consumer product that have short shelf-life. Additionally, owing to its versatile characteristics, the material can be used in various high value applications in numerous end-user industries including textiles, constructions and automotive. Therefore, the production and consumption of the sustainable material is being facilitated by various governments around the world.

Increasing consumer awareness, government incentives and easy availability of raw materials are the major factors driving market growth. However, the cost of PLA is comparatively higher than synthetic plastics, thus becoming a primary restraining factor for the market growth. 

The global PLA market has been segmented based on applications as packaging, agriculture, electronics, textiles, bio-medical and others. In 2014, packaging application garners the highest share of 65.2% in the in global PLA market. This is principally due to the unique mechanical, thermal and barrier properties of PLA, which makes it a suitable material for packaging applications. Based on geography, the global polylactic acid market has been segmented into North America, Europe, Asia-Pacific and LAMEA regions. North America is the largest producer and consumer of PLA and accounted for about 49.6% of the global consumption in 2014. The North American region would continue to lead the market owing to large production capacity, feedstock abundancy, supportive legal framework, and rising consumer awareness for sustainability. However, the Asia Pacific market would grow at the highest rate due to upcoming production facilities in China and Thailand coupled with growing adoption of PLA in China, Thailand, Japan, South Korea and Taiwan. 

The leading market players profiled in this report includes NatureWorks LLC, Synbra, Corbion Purac, Hisun Biomaterials, Nantong Jiuding Biological Engineering Co. Ltd, Chongqing bofei biochemical products co., ltd. and Futerro. 


  • The study provides an in-depth market analysis with current and future trends to elucidate the imminent investment pockets in the market.
  • Quantitative analysis of the current market and estimations during 2014-2020 (Volume and Revenue) are provided to highlight the financial caliber of the market.
  • Drivers and restraints are evaluated to highlight the top factors responsible for market growth. Various segments are carefully evaluated to gauge the market potential.
  • Porter’s five forces model of the industry illustrates the potency of the buyers and suppliers participating in the market.
  • Value chain analysis in the report provides a clear understanding on the stakeholders involved in the market.
  • Geographical analysis provides a detailed understanding on the market scenario across key regions.


World Polylatic acid (PLA) market is segmented based on its applications and geography. 


  • Packaging
  • Agriculture
  • Electronics
  • Textiles
  • Bio-Medical
  • Others


  • North America
  • Europe
  • Asia-Pacific
    • China 
    • Thailand 
    • Japan
    • Rest of APAC
Please Select Format

Enquiry About Report

Need More Information

Contact us
+ 1-800-910-6452
+91 20 66346066
--- or ---



Global Viscose Staple Fiber Market - Strategic Assessment and Forecast Till 2021

Viscose Staple Fiber - Report Highlights Worldwide Viscose Staple Fiber market research report covers the present scenario and the growth prospects of the Worldwide Viscose Staple Fiber Market for the period ...

April 2018| $2995 | Pre Book Price:$2621

World N-Butanol Market - Opportunities and Forecasts, 2014 - 2020

N-butanol forms an important feedstock for manufacturing chemicals such as butyl acrylate, glycol ethers, butyl acetate and plasticizers. It serves an important element in making direct solvent for varnishes, paints, coatings, resins, camphor, dyes, fats vegetable oils, waxes, shellac, rubbers, and alkaloids and among various industrial applications.

April 2018| $5370 | Pre Book Price:$4699

Asia-Pacific Concrete Admixtures Market - Opportunities and Forecasts, 2014 - 2020

Ingredients other than water, aggregate and Portland cement added to the concrete are termed as concrete admixtures. They are added to the mixture either before or during the mixing process. ...

April 2018| $3390 | Pre Book Price:$2967

Global Toluene Diisocyanate Market - Opportunities and Forecast, 2014 - 2020

Organic compound with formulae CH3C6H3(NCO)2 is known as Toluene Diisocyanate. Furthermore, isocyanate functional groups in Toluene Diisocyanate form urethane, when it reacts with hydroxyl. Besides this TDI or Toluene Diisocyanate ...

April 2018| $5370 | Pre Book Price:$4699

Choline Chloride Asia-Pacific Market Research Report, 2013 -2020

Choline chloride is a quaternary ammonium salt and an organic compound. It is white crystalline solid and colourless in its liquid form. Alternatives names for choline chloride are hepacholine, biocolina ...

April 2018| $2850 | Pre Book Price:$2494

Hydrazine Asia-Pacific Market Research Report, 2013 - 2020

Hydrazine is an inorganic compound which is colourless liquid having ammonia like smell. Hydrazine comprises of hydrogen and nitrogen ion. It is primarily used as a foaming agent, polymerization catalyst ...

April 2018| $2850 | Pre Book Price:$2494

2018 © Copyright Big Market Research

View Pricing >>