According to Stratistics MRC, the Global Polylactic Acid (PLA) Market is accounted for $1.01 billion in 2021 and is expected to reach $2.56 billion by 2028 growing at a CAGR of 14.2% during the forecast period.
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Polylactic acid (PLA) material is derived from renewable resources such as corn starch or sugar cane. PLA is relatively cheap with several beneficial mechanical properties compared to other biodegradable polymers, which has made it a popular material.
Some of the key players profiled in the Polylactic Acid (PLA) Market include Zhejiang Hisun Biomaterials Co., Ltd., Total Corbion PLA, Supla, BBCA Biotech, NatureWorks, Musashino Chemical Laboratory, Ltd., Jiangxi Keyuan Bio-Material Co., Ltd., Shanghai Tong-Jie-Liang Biomaterials Co., Ltd., Futerro, Evonik Industries AG, Dow Inc., COFCO, BASF SE and Sulzer.
Raw Materials Covered:
• Sugarcane & Sugar Beet
• Corn
• Cassava
Grades Covered:
• Thermoforming
• Injection Molding
• Extrusion
• Blow Molding
Types Covered:
• PDLA (Poly-D-lactic acid)
• PLLA (Poly-L-lactic acid)
• PDLLA (Poly-DL-lactic acid)
Applications Covered:
• Films and Sheets
• Coatings
• Bottles
• Fibre
• Rigid Thermoforms
Distribution Channels Covered:
• Offline
• Online
End Users Covered:
• Textiles
• Consumer Goods
• Automotive & Transport
• Electronics
• Bio-Medical
• Packaging
• Agriculture & Horticulture
• Industrial
• Pharmaceuticals
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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