+91-9836913164 (India),  +1-917-730-4660 (U.S.)

Polylactic Acid Market (By End-Use – Packaging, Agriculture, Automotive & Transport, Electronics, Textiles, Others. By Geography – North America, South America, Europe, Asia Pacific, Middle East and Africa, Europe.) - Industry analysis, size, share, growth, trends and forecast, 2021 – 2031. Post-Covid Analysis

Published Date : January 2021 | Report Id : CHM 136 | Format : PDF, PPT | Slides : 150
Report Type : Syndicate Report

The Global Polylactic Acid Market was $567.1 Mn in 2020, and it is expected to reach $1698.1 Mn by 2031. It is eventually growing at a commendable high compound annual growth rate CAGR of 10.2% between 2021-2031. But due to the current COVID-19 pandemic, there might be a slight difference in the growth rate in the present year. The increased bioplastics application along with favorable regulations related to using bio-based materials will help to accelerate the growth of this market during the forecasted period. Increased demand for personal protective apparel because of the increase of COVID-19 positive cases will help the textile market to grow during the forecasted period.

Global Polylactic Acid Market Is Estimated To Witness Remarkable Growth

Polylactic Acid Market

Source: SAI Research

The Global Polylactic Acid Market has been segmented into End-use. On The Basis of end-use, the Global Polylactic Acid Market has been segmented into Packaging, Agriculture, Automotive & Transport, Electronics, Textiles, Others.

By Region, North America Is Holding The Major Market Share

The Global Polylactic Acid Market has been geographically segmented into North America, Asia Pacific, Latin America, Middle East, and Africa region. in addition to North America, Global Polylactic Acid Market is holding the largest market share at present and is estimated to witness high compound annual growth rate during the upcoming forecasted period. the regional market is characterized by the demand for sustainable products has led to strong demand for sustainability in packaging. So this is the main factor that has led this region dominates the market. Besides this Asia Pacific is also going to witness remarkable growth during the forecasted period.

Major Players in Global Polylactic Acid Market

Some of the major players in the Global Polylactic Acid Market include BASF SE, Bayer, Corbin, Danimer Scientific, Dow-DuPont, Eastman Chemicals, Futerro, Henen Jindan Lactic Acid Technology, Mitsubishi Chemical, Natureworks, Sulzer, Synbra, Teijin, Wei Mon Industry, COFCO.

The Global Polylactic Acid Market Has Been Segmented Into:

Global Polylactic Acid Market, By End-Use

  • Packaging
  • Agriculture
  • Automotive & Transport
  • Electronics
  • Textiles
  • Others

Global Polylactic Acid Market, By Region

  • North America
    • USA
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America, Middle East & Africa
    • Brazil
    • South Africa
    • UAE
    • Rest of LAMEA
Note: This table of contents is a content of a published report. As per client requirement, cross-sectional analysis across all industries or specific geography or ‘country-based’ analysis can be provided as a part of paid customization. Please place your queries on sales@sheeranalyticsandinsights.com or query@sheeranalyticsandinsights.com

Buy Chapters or Sections

Customization options available to meet your custom research requirements :

  • Request a part of this report
  • Get geography specific report
  • Request historical analysis
  • Check out special discounted pricing

Why Choose Us

  • Research support24/5 Research support

    Get queries resolved by industry expert.

  • Custom research serviceCustom research service

    Exclusive reports and studies to meet your custom requirements.

  • Quality assuranceQuality assurance

    Widely acclaimed services reccomended by major organizations.

  • Information securityInformation security

    Your personal information security guaranteed.

  • sheer analytics and insights PCI DSS complaintsheer analytics and insights paypal verified