Bio-based polylactic acid is a biodegradable polymer material, which is made from biomass materials such as sugar, starch and cellulose as raw materials, which are fermented to make lactic acid, and then polymerized from lactic acid to make polylactic acid polymer material.
This report contains market size and forecasts of Biobased Polylactic Acid (PLA) in global, including the following market information:
Global Biobased Polylactic Acid (PLA) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Biobased Polylactic Acid (PLA) Market Sales, 2017-2022, 2023-2028, (Tons)
Global top five Biobased Polylactic Acid (PLA) companies in 2021 (%)
The global Biobased Polylactic Acid (PLA) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Injection Grade Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Biobased Polylactic Acid (PLA) include NatureWorks, Total Corbion, BEWiSynbra, Teijin, Toray, Futerro, Sulzer, Unitika and Hisun Bio, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Biobased Polylactic Acid (PLA) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Biobased Polylactic Acid (PLA) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Biobased Polylactic Acid (PLA) Market Segment Percentages, by Type, 2021 (%)
Injection Grade
Film Grade
Sheet Grade
Fiber Grade
Other
Global Biobased Polylactic Acid (PLA) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Biobased Polylactic Acid (PLA) Market Segment Percentages, by Application, 2021 (%)
Tableware and Utensils
Food & Beverage Packaging
Electronics and Electrical Appliances
Medical & Personal Care
3D Printing Supplies
Other
Global Biobased Polylactic Acid (PLA) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Biobased Polylactic Acid (PLA) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Biobased Polylactic Acid (PLA) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Biobased Polylactic Acid (PLA) revenues share in global market, 2021 (%)
Key companies Biobased Polylactic Acid (PLA) sales in global market, 2017-2022 (Estimated), (Tons)
Key companies Biobased Polylactic Acid (PLA) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
NatureWorks
Total Corbion
BEWiSynbra
Teijin
Toray
Futerro
Sulzer
Unitika
Hisun Bio
Tongjieliang Biomaterials
Jiuding Biology
Guanghua Albert
Anhui Fengyuan Futailai Polylactic Acid