Polylactic Acid (PLA) market report 2018 Market report discusses the primary market growth drivers and challenges that the vendors and the market as a whole face and provides an overview of the key trends emerging in the market. It also talks about the market size of different segments and their growth aspects along with key leading countries, various stakeholders like investors, CEOs, traders, suppliers and others. Polylactic Acid (PLA) Market report covers the industry structure and even landscape, the problems along with business strategies and market effectiveness.
Polylactic acid (PLA) is an aliphatic polyester made up of lactic acid (2-hydroxy propionic acid) building blocks. It is also a biodegradable and compostable thermoplastic derived from renewable plant sources, such as starch and sugar. PLA can be processed through different production lines including injection molding, blow molding, thermoforming or extrusion, and further used to produce various items such as plastic films, bottles, and biodegradable medical devices., ,
Polylactic Acid (PLA) market competition by top manufacturers/ Key player/ Economy by Business Leaders: NatureWorks, Synbra Technology, Teijin, Toray, Futerro, Toyobo, Sulzer, Uhde Inventa-Fischer, Hisun Biomaterials, Shanghai Tongjieliang, Jiuding Biological Engineering, Shenzhen Esun Industrial, ,. And More……
market for Polylactic Acid (PLA) is expected to grow at a CAGR of roughly 5.4% over the next five years, will reach 770 million US$ in 2023, from 560 million US$ in 2017, according to a new study.
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Major classifications are as follows:
Major applications are as follows:
- Food & Beverage Packaging
- Electronics & Appliances
- Medical & Hygiene
Scope of the Polylactic Acid (PLA) Market Report: This report focuses on the Polylactic Acid (PLA) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application., Polylactic Acid (PLA) industry is a sunrise industry, breakpoint for blooming is coming. However, due to technical barrier and the risk of uncertain breakpoint of downstream demand, the manufacture end has very high concentration with NatureWorks’ accounting for largest share of 76.81% in 2017. , The leading companies, such as NatureWorks, have gained good reputation from customers, Although Chinese manufacturers are enlarging the market share through releasing more capacity, the country is still puzzled by the low-end Polylactic Acid (PLA). It is necessary for Chinese manufacturers to improve their technology to provide high performance products to customers., As for regions, USA is the largest production base of PLA definitely, followed by China, with 12.05% production market share in 2017. When considering the consumption level, USA is also the largest consumer. In 2017, about 74319 MT PLA was consumed in the region., The worldwide market for Polylactic Acid (PLA) is expected to grow at a CAGR of roughly 5.4% over the next five years, will reach 770 million US$ in 2023, from 560 million US$ in 2017, according to a new study.2
Polylactic Acid (PLA) Market Segment by Regions, regional analysis covers
- North America (USA, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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The report deeply displays the global Polylactic Acid (PLA) Market.
✔ Describe Polylactic Acid (PLA): Introduction, product scope, market overview, market opportunities, market risk, market driving force.
✔ Analyses & Display the competitive situation among the top manufacturers of Polylactic Acid (PLA), with sales, revenue, market share and price in 2016 and 2018.
✔ Polylactic Acid (PLA) global market by regions, with sales, revenue and market share of Polylactic Acid (PLA), for each region, from 2013 to 2018.
✔ Analyses the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions.
✔ Show the Polylactic Acid (PLA) Market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018.
✔ Polylactic Acid (PLA) market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023.
✔ Describe Polylactic Acid (PLA) sales channel, distributors, traders, dealers, Research Findings and Conclusion.
✔ To describe, define and analyses the Polylactic Acid (PLA) market based on product type, application and region.
✔ To forecast and analyse the Polylactic Acid (PLA) market at country-level in each region.
✔ To tactically analyse each submarket with respect to individual growth trends and its contribution to the Polylactic Acid (PLA) market.
✔ To strategically profile key players in the Polylactic Acid (PLA) market and comprehensively analyze their growth strategies
✔ To identify important market trends and factors driving or preventing the growth of the Polylactic Acid (PLA) market and its submarkets.
✔ To analyze opportunities in the Polylactic Acid (PLA) market for shareholders by identifying high-growth segments of the market.
✔ To analyze competitive developments such as expansions, joint ventures, new products launches, and acquisitions in the Polylactic Acid (PLA) market.
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The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Polylactic Acid (PLA) market in 2023 is also explained. Additionally, type wise and application wise consumption tables and figures of Polylactic Acid (PLA) market are also given.