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A00016 | Pages: 236 | Charts: 57 | Tables: 108 |
The polylactic acid market size was valued at $0.7 billion in 2020, and is projected to reach $4.0 billion by 2030, growing at a CAGR of 17.2% from 2021 to 2030.
Introduction
Polylactic acid (PLA) is a biodegradable and bio-based thermoplastic polymer derived from renewable resources such as corn starch, sugarcane, and other plant-based materials. It is widely used in various applications, including packaging, textiles, biomedical devices, and 3D printing, due to its environmentally friendly nature and ability to decompose under industrial composting conditions. PLA exhibits properties similar to conventional petroleum-based plastics like polyethylene and polypropylene but offers the advantage of reducing carbon footprint and reliance on fossil fuels. Despite its benefits, PLA has limitations such as lower heat resistance and brittleness, which can be improved by blending with other polymers or additives.
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Market Dynamics
The polymer of polylactic acid (PLA) differs from the frequently accessible thermoplastic polymers. It's made mostly of renewable resources such as sugar cane. PLA is a popular material, since it is reasonably inexpensive and has various advantageous mechanical qualities as compared to other biodegradable polymers. PLA is made mostly from plant feedstocks, such sugar cane, cassava, corn, and potato. Agricultural by-products, cellulosic materials, and greenhouse gases have all been investigated as potential feedstocks. However, the process is still in development and agricultural products are expected to remain the principal feedstock for starch blends and PLA for the foreseeable future.
The increase in demand for PLA in end-use sectors, such as textiles, packaging, and agriculture are primarily responsible for the growth of the market. Furthermore, the lower carbon emissions produced by polylactic acid as compared to conventional polymers drive the demand globally. In addition, the increase in demand for flexible packaging products propels the market growth. The packaging sector is booming, due to the growing demand for packaged foods, snacks, ready-to-eat (RTE) meals, and other items. As a result, demand for PLA is expected to increase over the forecast period due to the fast developing packaging industry.
However, higher production cost as compared to other polymers owing to the increasing prices of raw materials is restricting the polylactic acid market growth. Polylactic acid is a biodegradable and industrially-compostable polymer and one of the first renewable polymers to compete with current polymers by combining functional qualities, such as transparency, gloss, and rigidity. Food packaging, single-use dinnerware, textiles, oil & gas, electronics, automotive, and 3D printing are just a few industries that employ polylactic acid. The polylactic acid market is expected to see considerable growth opportunities during the forecast period, owing to varied and adaptable uses of polylactic acid across sectors, as well as the multi-functionalities of polylactic acids.
The polylactic acid market is segmented on the basis of end-use industry and region. By end-use industry, the market is categorized into packaging, textile, agricultural, electronics, automotive and others. Region-wise the polylactic acid market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The polylactic acid market share is analyzed for all significant regions and countries.
North America is expected to have a significant share in the polylactic acid market in 2020. Increase in demand for PLA from end-use industries such as packaging and electronics in emerging markets is expected to boost the demand for polylactic acids in Asia-Pacific during the forecast period.
The polylactic acid market analysis covers in-depth information of the major industry participants. Some of the major players in the polylactic acid market include, NatureWorks LLC, Synbra, Corbion Purac, Hisun Biomaterials, Nantong Jiuding Biological Engineering Co. Ltd., Chongqing bofei biochemical products, Ltd, and Futerro. Other player operating in the polylactic acid market are WeforYou, Evonik, Shijiazhuang Asa Technology Co., Ltd., and Sulzer.
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The packaging industry accounted for the largest share i.e., 60.6% and bio-medical industry is the fastest growing segment, growing around 18.9% CAGR during the forecast period, in terms of volume. This is attributed to increase in use of polylactic acids in bio-medical industry owing to its biodegradable property.
[REGIONGRAPH]
Europe contributed the 52.1% market share in 2020 and is projected to grow at CAGR of 16.7% during the forecast period in terms of revenue. Asia-Pacific is the fastest growing region, growing at around 18.4% CAGR during the forecast period in terms of revenue. This is attributed to rise in demand from numerous end-use industries such as packaging, electronics, agriculture, bio medical, and others.
Recent Key Strategies and Developments
In December 2024, Emirates Biotech partnered with Sulzer to construct the world's largest PLA production facility in the United Arab Emirates. The plant is expected to be built in two phases, each with an annual capacity of 80,000 tonnes, totaling 160,000 tonnes per year upon completion. Construction is set to begin in 2025, with operations expected by early 2028.
In July 2024, ADM and LG Chem announced that their planned joint ventures for lactic and polylactic acid production would not proceed. The decision was attributed to escalating construction costs, highlighting the financial challenges in scaling bioplastic production.
Key Market Segments
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.5.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO perspective
CHAPTER 3:MARKET LANDSCAPE
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter's five forces analysis
3.5.Market share analysis & top player positioning, 2020
3.5.1.Top player positioning, 2020
3.6.Market dynamics
3.6.1.Drivers
3.6.1.1.Advantages of polylactic acid in construction industry
3.6.1.2.Increase in building and construction industry
3.6.2.Restraint
3.6.2.1.Disadvantages of packaging in construction industry
3.6.3.Opportunities
3.6.3.1.Effective solution for waste management
3.6.3.2.The use of packaging promoted by the government in APAC
3.6.4.Challenges
3.6.4.1.Low awareness among the people about supplementary cementitious material
3.7.Value chain
3.8.Impact of key regulations on the global polylactic lactic market
3.9.Impact of COVID-19 outburst on the polylactic acid market
CHAPTER 4:POLYLACTIC ACID MARKET, BY END-USE INDUSTRY
4.1.Overview
4.1.1.Market size and forecast
4.2.Packaging
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country
4.3.Agriculture
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country
4.4.Electronics
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country
4.5.Textiles
4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country
4.6.Bio-Medical
4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, by region
4.6.3.Market analysis, by country
4.8.Others
4.8.1.Key market trends, growth factors, and opportunities
4.8.2.Market size and forecast, by region
4.8.3.Market analysis, by country
CHAPTER 5:POLYLACTIC ACID MARKET, BY REGION
5.1.Overview
5.1.1.Market size and forecast
5.2.North America
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by End-Use Industry
5.2.2.1.U.S.
5.2.2.1.1.Market size and forecast, by End-Use Industry
5.2.2.2.Canada
5.2.2.2.1.Market size and forecast, by End-Use Industry
5.2.2.3.Mexico
5.2.2.3.1.Market size and forecast, by End-Use Industry
5.3.Europe
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by End-Use Industry
5.3.3.Market share analysis, by country
5.3.3.1.Germany
5.3.3.1.1.Market size and forecast, by End-Use Industry
5.3.3.2.France
5.3.3.2.1.Market size and forecast, by End-Use Industry
5.3.3.3.UK
5.3.3.3.1.Market size and forecast, by End-Use Industry
5.3.3.4.Italy
5.3.3.4.1.Market size and forecast, by End-Use Industry
5.3.3.5.Spain
5.3.3.5.1.Market size and forecast, by End-Use Industry
5.3.3.6.Rest of Europe
5.3.3.6.1.Market size and forecast, by End-Use Industry
5.4.Asia-Pacific
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by End-Use Industry
5.4.3.Market share analysis, by country
5.4.3.1.China
5.4.3.1.1.Market size and forecast, by End-Use Industry
5.4.3.2.Japan
5.4.3.2.1.Market size and forecast, by End-Use Industry
5.4.3.3.India
5.4.3.3.1.Market size and forecast, by End-Use Industry
5.4.3.4.South Korea
5.4.3.4.1.Market size and forecast, by End-Use Industry
5.4.3.5.Australia
5.4.3.5.1.Market size and forecast, by End-Use Industry
5.4.3.6.Rest of Asia-Pacific
5.4.3.6.1.Market size and forecast, by End-Use Industry
5.5.LAMEA
5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by End-Use Industry
5.5.3.Market share analysis, by country
5.5.3.1.Brazil
5.5.3.1.1.Market size and forecast, by End-Use Industry
5.5.3.2.UAE
5.5.3.2.1.Market size and forecast, by End-Use Industry
5.5.3.3.Saudi Arabia
5.5.3.3.1.Market size and forecast, by End-Use Industry
5.5.3.4.South Africa
5.5.3.4.1.Market size and forecast, by End-Use Industry
5.5.3.5.Rest of LAMEA
5.5.3.5.1.Market size and forecast, by End-Use Industry
CHAPTER 6:COMPETITIVE LANDSCAPE
6.1.Introduction
6.2.Product mapping of top 10 players
6.3.Competitive Heatmap
6.4.Key development
6.4.1.Business Expansion
6.4.2.New Product
6.4.3.Acquisition
CHAPTER 7:COMPANY PROFILES
7.1.BASF SE
7.1.1.Company overview
7.1.2.Company snapshot
7.1.3.Operating business segments
7.1.4.Product portfolio
7.1.5.R&D expenditure
7.1.6.Business performance
7.2.BBCA Biotech
7.2.1.Company overview
7.2.2.Company snapshot
7.2.3.Product portfolio
7.3.Corbion
7.3.1.Company overview
7.3.2.Operating business segments
7.3.3.Product portfolio
7.3.4.R&D Expenditure
7.3.5.Business performance
7.3.6.Key strategic moves and developments
7.4.Dow Inc.
7.4.1.Company overview
7.4.2.Company snapshot
7.4.3.Operating business segments
7.4.4.Product portfolio
7.4.5.R&D expenditure
7.4.6.Business performance
7.5.Evonik Industries AG
7.5.1.Company overview
7.5.2.Company snapshot
7.5.3.Operating business segments
7.5.4.Product portfolio
7.5.5.R&D Expenditure
7.5.6.Business performance
7.5.7.Key strategic moves and developments
7.6.Futerro
7.6.1.Company overview
7.6.2.Company Snapshot
7.6.3.Product portfolio
7.7.Musashino Chemical Laboratory, Ltd.
7.7.1.Company overview
7.7.1.Company Snapshot
7.7.2.Product portfolio
7.8.Natureworks LLC
7.8.1.Company overview
7.8.2.Company snapshot
7.8.3.Product portfolio
7.8.4.Key strategic moves and developments
7.9.Weforyou GmbH
7.9.1.Company overview
7.9.2.Company snapshot
7.9.3.Product portfolio
7.10.Zhejiang Hisun Biomaterials
7.10.1.Company overview
7.10.2.Company snapshot
7.10.3.Product portfolio
LIST OF TABLES
TABLE 01.GLOBAL POLYLACTIC ACID, BY END-USE INDUSTRY, 2020–2030 (TONS)
TABLE 02.GLOBAL POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020–2030($MILLION)
TABLE 03.PACKAGING POLYLACTIC ACID MARKET, BY REGION, 2020-2030 (TONS)
TABLE 04.PACKAGING POLYLACTIC ACID MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 05.AGRICULTURE POLYLACTIC ACID MARKET, BY REGION, 2020-2030 (TONS)
TABLE 06.AGRICULTURE POLYLACTIC ACID MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 07.ELECTRONICS POLYLACTIC ACID MARKET, BY REGION, 2020-2030 (TONS)
TABLE 08.ELECTRONICS POLYLACTIC ACID MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 09.TEXTILES POLYLACTIC ACID MARKET, BY REGION, 2020-2030 (TONS)
TABLE 10.TEXTILES POLYLACTIC ACID MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 11.BIO-MEDICAL POLYLACTIC ACID MARKET, BY REGION, 2020-2030 (TONS)
TABLE 12.BIO-MEDICAL POLYLACTIC ACID MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 13.OTHER POLYLACTIC ACID MARKET, BY REGION, 2020-2030 (TONS)
TABLE 14.OTHER POLYLACTIC ACID MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 15.POLYLACTIC ACID MARKET, BY REGION, 2020-2030 (TONS)
TABLE 16.POLYLACTIC ACID MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 17.NORTH AMERICA POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 18.NORTH AMERICA POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 19.U.S. POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 20.U.S. POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 21.CANADA POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 22.CANADA POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 23.MEXICO POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 24.MEXICO POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 25.EUROPE POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 26.EUROPE POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 27.EUROPE POLYLACTIC ACID MARKET, BY COUNTRY, 2020-2030 (TONS)
TABLE 28.EUROPE POLYLACTIC ACID MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 29.GERMANY POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 30.GERMANY POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 31.FRANCE POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 32.FRANCE POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 33.UK POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 34.UK POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 35.ITALY POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 36.ITALY POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 37.SPAIN POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 38.SPAIN POLYLACTIC ACID MARKET, BY END-USE INDUSTRY ($MILLION)
TABLE 39.REST OF EUROPE POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 40.REST OF EUROPE POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 41.ASIA-PACIFIC POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 42.ASIA-PACIFIC POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 43.ASIA-PACIFIC POLYLACTIC ACID MARKET, BY COUNTRY, 2020-2030 (TONS)
TABLE 44.ASIA-PACIFIC POLYLACTIC ACID MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 45.CHINA POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 46.CHINA POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 47.JAPAN POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 48.JAPAN POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 49.INDIA POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 50.INDIA POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 51.SOUTH KOREA POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 52.SOUTH KOREA POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 53.AUSTRALIA POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 54.AUSTRALIA POLYLACTIC ACID MARKET, BY END-USE INDUSTRY ($MILLION)
TABLE 55.REST OF ASIA-PACIFIC POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 56.REST OF ASIA-PACIFIC POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 57.LAMEA POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 58.LAMEA POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 59.LAMEA POLYLACTIC ACID MARKET, BY COUNTRY, 2020-2030 (TONS)
TABLE 60.LAMEA POLYLACTIC ACID MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 61.BRAZIL POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 62.BRAZIL POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 63.UAE POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 64.UAE POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 65.SAUDI ARABIA POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 66.SAUDI ARABIA POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 67.SOUTH AFRICA POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 68.SOUTH AFRICA POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 69.REST OF LAMEA POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 70.REST OF LAMEA POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 71.KEY BUSINESS EXPANSION
TABLE 72.KEY NEW PRODUCT
TABLE 73.KEY ACQUISITION
TABLE 74.BASF: COMPANY SNAPSHOT
TABLE 75.BASF: OPERATING SEGMENT
TABLE 76.BASF: PRODUCT PORTFOLIO
TABLE 77.BASF: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 78.BASF: REVENUE, 2018–2020 ($MILLION)
TABLE 79.BBCA: COMPANY SNAPSHOT
TABLE 80.BBCA: PRODUCT PORTFOLIO
TABLE 81.CORBION: COMPANY SNAPSHOT
TABLE 82.CORBION: OPERATING SEGMENT
TABLE 83.CORBION: PRODUCT PORTFOLIO
TABLE 84.CORBION: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 85.CORBION: NET SALES, 2018–2020 ($MILLION)
TABLE 86.CORBION.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 87.DOW: COMPANY SNAPSHOT
TABLE 88.DOW: OPERATING SEGMENTS
TABLE 89.DOW: PRODUCT PORTFOLIO
TABLE 90.DOW: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 91.DOW: NET SALES, 2018–2020 ($MILLION)
TABLE 92.EVONIK: COMPANY SNAPSHOT
TABLE 93.EVONIK: OPERATING SEGMENTS
TABLE 94.EVONIK: PRODUCT PORTFOLIO
TABLE 95.EVINOK: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 96.EVONIK: REVENUE, 2018–2020 ($MILLION)
TABLE 97.EVONIK: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 98.FUTERRO: COMPANY SNAPSHOT
TABLE 99.FUTERRO: PRODUCT PORTFOLIO
TABLE 100.MUSASHINO: COMPANY SNAPSHOT
TABLE 101.MUSASHINO: PRODUCT PORTFOLIO
TABLE 102.NATUREWORKS: COMPANY SNAPSHOT
TABLE 103.NATUREWORKS: PRODUCT PORTFOLIO
TABLE 104.NATUREWORKS.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 105.WEFORYOU: COMPANY SNAPSHOT
TABLE 106.WEFORYOU: PRODUCT PORTFOLIO
TABLE 107.HISUN: COMPANY SNAPSHOT
TABLE 108.HISUN: PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY, BY SEGMENT
FIGURE 03.EXECUTIVE SUMMARY, BY COUNTRY
FIGURE 04.TOP INVESTMENT POCKETS, BY COUNTRY
FIGURE 05.HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 06.MODERATE THREAT OF NEW ENTRANTS
FIGURE 07.MODERATE THREAT OF SUBSTITUTES
FIGURE 08.MODERATE INTENSITY OF RIVALRY
FIGURE 09.HIGH BARGAINING POWER OF BUYERS
FIGURE 10.TOP PLAYER POSITIONING, 2020
FIGURE 11.POLYLACTIC ACID DYNAMICS
FIGURE 12.POLYLACTIC ACID MARKET: VALUE CHAIN
FIGURE 13.GLOBAL POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2020–2030 ($MILLION)
FIGURE 14.COMPARATIVE ANALYSIS OF PACKAGING POLYLACTIC ACID MARKET, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 15.COMPARATIVE ANALYSIS OF AGRICULTURE POLYLACTIC ACID MARKET, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 16.COMPARATIVE ANALYSIS OF ELECTRONICS POLYLACTIC ACID MARKET, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 17.COMPARATIVE ANALYSIS OF TEXTILES POLYLACTIC ACID MARKET, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 18.COMPARATIVE ANALYSIS OF BIO-MEDICAL POLYLACTIC ACID MARKET, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 19.COMPARATIVE ANALYSIS OF OTHER POLYLACTIC ACID MARKET, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 20.U.S. POLYLACTIC ACID MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 21.CANADA POLYLACTIC ACID MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 22.MEXICO POLYLACTIC ACID MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 23.GERMANY POLYLACTIC ACID MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 24.FRANCE POLYLACTIC ACID MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 25.UK POLYLACTIC ACID MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 26.ITALY POLYLACTIC ACID MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 27.SPAIN POLYLACTIC ACID MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 28.REST OF EUROPE POLYLACTIC ACID MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 29.CHINA POLYLACTIC ACID MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 30.JAPAN POLYLACTIC ACID MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 31.INDIA POLYLACTIC ACID MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 32.SOUTH KOREA POLYLACTIC ACID MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 33.AUSTRALIA POLYLACTIC ACID MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 34.REST OF ASIA-PACIFIC POLYLACTIC ACID MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 35.BRAZIL POLYLACTIC ACID MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 36.UAE POLYLACTIC ACID MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 37.SAUDI ARABIA POLYLACTIC ACID MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 38.SOUTH AFRICA POLYLACTIC ACID MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 39.REST OF LAMEA POLYLACTIC ACID MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 40.PRODUCT MAPPING OF TOP 10 PLAYERS SOURCE: COMPANY WEBSITE,
FIGURE 41.COMPETITIVE HEATMAP
FIGURE 42.BASF: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 43.BASF: REVENUE, 2018–2020 ($MILLION)
FIGURE 44.BASF: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 45.BASF: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 46.CORBION: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 47.CORBION: NET SALES, 2018–2020 ($MILLION)
FIGURE 48.CORBION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 49.CORBION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 50.DOW: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 51.DOW: NET SALES, 2018–2020 ($MILLION)
FIGURE 52.DOW: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 53.DOW: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 54.EVONIK: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 55.EVONIK: REVENUE, 2018–2020 ($MILLION)
FIGURE 56.EVONIK: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 57.EVONIK: REVENUE SHARE BY REGION, 2020 (%)