Report Detail
Global Lactic Acid and Poly Lactic Acid (PLA) Market Insights, Forecast to 2025
- RnM3522808 |
- 14 June, 2019 |
- Global |
- 115 Pages |
- QYResearch |
- Chemical & Material
Polylactide (PLA) is a biodegradable and bioactive thermoplastic aliphatic polyester derived from renewable resources, such as corn starch (in the United States and Canada), cassava roots, chips or starch (mostly in Asia), or sugarcane (in the rest of the world). In 2010, PLA had the second highest consumption volume of any bioplastic of the world.
The use of lactic acid in the manufacture of biodegradable plastics is one of the key growth factors of the lactic acid market. Rising environmental concerns due to dumping of plastics in landfills is promoting the use of bioplastics, which is indirectly benefitting the lactic acid market. Lactic acid is a carboxylic acid that is used across a host of end-use industries owing to its chemical properties. The increasing application of polylactic acid in the packaging industry is estimated to fuel growth of the polylactic acid market in the following years. The introduction of bio-based plastics and their increased usage in the food and beverage industry is expected to extend growth opportunities for the polylactic acid market in the near future. Polylactic is one of the most sought-after bioplastics and is an effective substitute to traditional petroleum-based plastics. Rising crude oil price are also estimated to drive the global PLA demand over the forecast period, owing to reduced dependency on traditional petroleum based products. North America is the largest market for global lactic acid & poly lactic acid market. Changing lifestyles along with rising consciousness regarding the enhancement of the overall personality of an individual in various countries including India, China, Malaysia, and Sri Lanka is expected to drive the global cosmetics market, which in turn is likely to spur growth.
Global Lactic Acid and Poly Lactic Acid (PLA) market size will increase to 2510 Million US$ by 2025, from 700 Million US$ in 2018, at a CAGR of 20.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Lactic Acid and Poly Lactic Acid (PLA).
This report researches the worldwide Lactic Acid and Poly Lactic Acid (PLA) market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Lactic Acid and Poly Lactic Acid (PLA) breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
BASF
Danimer Scientific
Henan Jindan Lactic Acid Technology
Synbra Technology
Dow Chemical
Corbion
Natureworks
Teijin
Wei Mon Industry
Lactic Acid and Poly Lactic Acid (PLA) Breakdown Data by Type
Lactic Acid
Poly Lactic Acid (PLA)
Lactic Acid and Poly Lactic Acid (PLA) Breakdown Data by Application
Industrial
Personal Care
Packaging
Petroleum Based Products
Textiles
Lactic Acid and Poly Lactic Acid (PLA) Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Lactic Acid and Poly Lactic Acid (PLA) Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Lactic Acid and Poly Lactic Acid (PLA) capacity, production, value, consumption, status and forecast;
To focus on the key Lactic Acid and Poly Lactic Acid (PLA) manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Lactic Acid and Poly Lactic Acid (PLA) :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
Global Lactic Acid and Poly Lactic Acid (PLA) Market Research Report 2019-2025, by Manufacturers, Regions, Types and Applications
1 Study Coverage
- 1.1 Lactic Acid and Poly Lactic Acid (PLA) Product
- 1.2 Key Market Segments in This Study
- 1.3 Key Manufacturers Covered
- 1.4 Market by Type
- 1.4.1 Global Lactic Acid and Poly Lactic Acid (PLA) Market Size Growth Rate by Type
- 1.4.2 Lactic Acid
- 1.4.3 Poly Lactic Acid (PLA)
- 1.5 Market by Application
- 1.5.1 Global Lactic Acid and Poly Lactic Acid (PLA) Market Size Growth Rate by Application
- 1.5.2 Industrial
- 1.5.3 Personal Care
- 1.5.4 Packaging
- 1.5.5 Petroleum Based Products
- 1.5.6 Textiles
- 1.6 Study Objectives
- 1.7 Years Considered
2 Executive Summary
- 2.1 Global Lactic Acid and Poly Lactic Acid (PLA) Production
- 2.1.1 Global Lactic Acid and Poly Lactic Acid (PLA) Revenue 2014-2025
- 2.1.2 Global Lactic Acid and Poly Lactic Acid (PLA) Production 2014-2025
- 2.1.3 Global Lactic Acid and Poly Lactic Acid (PLA) Capacity 2014-2025
- 2.1.4 Global Lactic Acid and Poly Lactic Acid (PLA) Marketing Pricing and Trends
- 2.2 Lactic Acid and Poly Lactic Acid (PLA) Growth Rate (CAGR) 2019-2025
- 2.3 Analysis of Competitive Landscape
- 2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
- 2.3.2 Key Lactic Acid and Poly Lactic Acid (PLA) Manufacturers
- 2.4 Market Drivers, Trends and Issues
- 2.5 Macroscopic Indicator
- 2.5.1 GDP for Major Regions
- 2.5.2 Price of Raw Materials in Dollars: Evolution
3 Market Size by Manufacturers
- 3.1 Lactic Acid and Poly Lactic Acid (PLA) Production by Manufacturers
- 3.1.1 Lactic Acid and Poly Lactic Acid (PLA) Production by Manufacturers
- 3.1.2 Lactic Acid and Poly Lactic Acid (PLA) Production Market Share by Manufacturers
- 3.2 Lactic Acid and Poly Lactic Acid (PLA) Revenue by Manufacturers
- 3.2.1 Lactic Acid and Poly Lactic Acid (PLA) Revenue by Manufacturers (2014-2019)
- 3.2.2 Lactic Acid and Poly Lactic Acid (PLA) Revenue Share by Manufacturers (2014-2019)
- 3.3 Lactic Acid and Poly Lactic Acid (PLA) Price by Manufacturers
- 3.4 Mergers & Acquisitions, Expansion Plans
4 Lactic Acid and Poly Lactic Acid (PLA) Production by Regions
- 4.1 Global Lactic Acid and Poly Lactic Acid (PLA) Production by Regions
- 4.1.1 Global Lactic Acid and Poly Lactic Acid (PLA) Production Market Share by Regions
- 4.1.2 Global Lactic Acid and Poly Lactic Acid (PLA) Revenue Market Share by Regions
- 4.2 United States
- 4.2.1 United States Lactic Acid and Poly Lactic Acid (PLA) Production
- 4.2.2 United States Lactic Acid and Poly Lactic Acid (PLA) Revenue
- 4.2.3 Key Players in United States
- 4.2.4 United States Lactic Acid and Poly Lactic Acid (PLA) Import & Export
- 4.3 Europe
- 4.3.1 Europe Lactic Acid and Poly Lactic Acid (PLA) Production
- 4.3.2 Europe Lactic Acid and Poly Lactic Acid (PLA) Revenue
- 4.3.3 Key Players in Europe
- 4.3.4 Europe Lactic Acid and Poly Lactic Acid (PLA) Import & Export
- 4.4 China
- 4.4.1 China Lactic Acid and Poly Lactic Acid (PLA) Production
- 4.4.2 China Lactic Acid and Poly Lactic Acid (PLA) Revenue
- 4.4.3 Key Players in China
- 4.4.4 China Lactic Acid and Poly Lactic Acid (PLA) Import & Export
- 4.5 Japan
- 4.5.1 Japan Lactic Acid and Poly Lactic Acid (PLA) Production
- 4.5.2 Japan Lactic Acid and Poly Lactic Acid (PLA) Revenue
- 4.5.3 Key Players in Japan
- 4.5.4 Japan Lactic Acid and Poly Lactic Acid (PLA) Import & Export
- 4.6 Other Regions
- 4.6.1 South Korea
- 4.6.2 India
- 4.6.3 Southeast Asia
5 Lactic Acid and Poly Lactic Acid (PLA) Consumption by Regions
- 5.1 Global Lactic Acid and Poly Lactic Acid (PLA) Consumption by Regions
- 5.1.1 Global Lactic Acid and Poly Lactic Acid (PLA) Consumption by Regions
- 5.1.2 Global Lactic Acid and Poly Lactic Acid (PLA) Consumption Market Share by Regions
- 5.2 North America
- 5.2.1 North America Lactic Acid and Poly Lactic Acid (PLA) Consumption by Application
- 5.2.2 North America Lactic Acid and Poly Lactic Acid (PLA) Consumption by Countries
- 5.2.3 United States
- 5.2.4 Canada
- 5.2.5 Mexico
- 5.3 Europe
- 5.3.1 Europe Lactic Acid and Poly Lactic Acid (PLA) Consumption by Application
- 5.3.2 Europe Lactic Acid and Poly Lactic Acid (PLA) Consumption by Countries
- 5.3.3 Germany
- 5.3.4 France
- 5.3.5 UK
- 5.3.6 Italy
- 5.3.7 Russia
- 5.4 Asia Pacific
- 5.4.1 Asia Pacific Lactic Acid and Poly Lactic Acid (PLA) Consumption by Application
- 5.4.2 Asia Pacific Lactic Acid and Poly Lactic Acid (PLA) Consumption by Countries
- 5.4.3 China
- 5.4.4 Japan
- 5.4.5 South Korea
- 5.4.6 India
- 5.4.7 Australia
- 5.4.8 Indonesia
- 5.4.9 Thailand
- 5.4.10 Malaysia
- 5.4.11 Philippines
- 5.4.12 Vietnam
- 5.5 Central & South America
- 5.5.1 Central & South America Lactic Acid and Poly Lactic Acid (PLA) Consumption by Application
- 5.5.2 Central & South America Lactic Acid and Poly Lactic Acid (PLA) Consumption by Countries
- 5.5.3 Brazil
- 5.6 Middle East and Africa
- 5.6.1 Middle East and Africa Lactic Acid and Poly Lactic Acid (PLA) Consumption by Application
- 5.6.2 Middle East and Africa Lactic Acid and Poly Lactic Acid (PLA) Consumption by Countries
- 5.6.3 Turkey
- 5.6.4 GCC Countries
- 5.6.5 Egypt
- 5.6.6 South Africa
6 Market Size by Type
- 6.1 Global Lactic Acid and Poly Lactic Acid (PLA) Breakdown Dada by Type
- 6.2 Global Lactic Acid and Poly Lactic Acid (PLA) Revenue by Type
- 6.3 Lactic Acid and Poly Lactic Acid (PLA) Price by Type
7 Market Size by Application
- 7.1 Overview
- 7.2 Global Lactic Acid and Poly Lactic Acid (PLA) Breakdown Dada by Application
- 7.2.1 Global Lactic Acid and Poly Lactic Acid (PLA) Consumption by Application
- 7.2.2 Global Lactic Acid and Poly Lactic Acid (PLA) Consumption Market Share by Application (2014-2019)
8 Manufacturers Profiles
- 8.1 BASF
- 8.1.1 BASF Company Details
- 8.1.2 Company Description
- 8.1.3 Capacity, Production and Value of Lactic Acid and Poly Lactic Acid (PLA)
- 8.1.4 Lactic Acid and Poly Lactic Acid (PLA) Product Description
- 8.1.5 SWOT Analysis
- 8.2 Danimer Scientific
- 8.2.1 Danimer Scientific Company Details
- 8.2.2 Company Description
- 8.2.3 Capacity, Production and Value of Lactic Acid and Poly Lactic Acid (PLA)
- 8.2.4 Lactic Acid and Poly Lactic Acid (PLA) Product Description
- 8.2.5 SWOT Analysis
- 8.3 Henan Jindan Lactic Acid Technology
- 8.3.1 Henan Jindan Lactic Acid Technology Company Details
- 8.3.2 Company Description
- 8.3.3 Capacity, Production and Value of Lactic Acid and Poly Lactic Acid (PLA)
- 8.3.4 Lactic Acid and Poly Lactic Acid (PLA) Product Description
- 8.3.5 SWOT Analysis
- 8.4 Synbra Technology
- 8.4.1 Synbra Technology Company Details
- 8.4.2 Company Description
- 8.4.3 Capacity, Production and Value of Lactic Acid and Poly Lactic Acid (PLA)
- 8.4.4 Lactic Acid and Poly Lactic Acid (PLA) Product Description
- 8.4.5 SWOT Analysis
- 8.5 Dow Chemical
- 8.5.1 Dow Chemical Company Details
- 8.5.2 Company Description
- 8.5.3 Capacity, Production and Value of Lactic Acid and Poly Lactic Acid (PLA)
- 8.5.4 Lactic Acid and Poly Lactic Acid (PLA) Product Description
- 8.5.5 SWOT Analysis
- 8.6 Corbion
- 8.6.1 Corbion Company Details
- 8.6.2 Company Description
- 8.6.3 Capacity, Production and Value of Lactic Acid and Poly Lactic Acid (PLA)
- 8.6.4 Lactic Acid and Poly Lactic Acid (PLA) Product Description
- 8.6.5 SWOT Analysis
- 8.7 Natureworks
- 8.7.1 Natureworks Company Details
- 8.7.2 Company Description
- 8.7.3 Capacity, Production and Value of Lactic Acid and Poly Lactic Acid (PLA)
- 8.7.4 Lactic Acid and Poly Lactic Acid (PLA) Product Description
- 8.7.5 SWOT Analysis
- 8.8 Teijin
- 8.8.1 Teijin Company Details
- 8.8.2 Company Description
- 8.8.3 Capacity, Production and Value of Lactic Acid and Poly Lactic Acid (PLA)
- 8.8.4 Lactic Acid and Poly Lactic Acid (PLA) Product Description
- 8.8.5 SWOT Analysis
- 8.9 Wei Mon Industry
- 8.9.1 Wei Mon Industry Company Details
- 8.9.2 Company Description
- 8.9.3 Capacity, Production and Value of Lactic Acid and Poly Lactic Acid (PLA)
- 8.9.4 Lactic Acid and Poly Lactic Acid (PLA) Product Description
- 8.9.5 SWOT Analysis
9 Production Forecasts
- 9.1 Lactic Acid and Poly Lactic Acid (PLA) Production and Revenue Forecast
- 9.1.1 Global Lactic Acid and Poly Lactic Acid (PLA) Production Forecast 2019-2025
- 9.1.2 Global Lactic Acid and Poly Lactic Acid (PLA) Revenue Forecast 2019-2025
- 9.2 Lactic Acid and Poly Lactic Acid (PLA) Production and Revenue Forecast by Regions
- 9.2.1 Global Lactic Acid and Poly Lactic Acid (PLA) Revenue Forecast by Regions
- 9.2.2 Global Lactic Acid and Poly Lactic Acid (PLA) Production Forecast by Regions
- 9.3 Lactic Acid and Poly Lactic Acid (PLA) Key Producers Forecast
- 9.3.1 United States
- 9.3.2 Europe
- 9.3.3 China
- 9.3.4 Japan
- 9.4 Forecast by Type
- 9.4.1 Global Lactic Acid and Poly Lactic Acid (PLA) Production Forecast by Type
- 9.4.2 Global Lactic Acid and Poly Lactic Acid (PLA) Revenue Forecast by Type
10 Consumption Forecast
- 10.1 Consumption Forecast by Application
- 10.2 Lactic Acid and Poly Lactic Acid (PLA) Consumption Forecast by Regions
- 10.3 North America Market Consumption Forecast
- 10.3.1 North America Lactic Acid and Poly Lactic Acid (PLA) Consumption Forecast by Countries 2019-2025
- 10.3.2 United States
- 10.3.3 Canada
- 10.3.4 Mexico
- 10.4 Europe Market Consumption Forecast
- 10.4.1 Europe Lactic Acid and Poly Lactic Acid (PLA) Consumption Forecast by Countries 2019-2025
- 10.4.2 Germany
- 10.4.3 France
- 10.4.4 UK
- 10.4.5 Italy
- 10.4.6 Russia
- 10.5 Asia Pacific Market Consumption Forecast
- 10.5.1 Asia Pacific Lactic Acid and Poly Lactic Acid (PLA) Consumption Forecast by Countries 2019-2025
- 10.5.2 China
- 10.5.3 Japan
- 10.5.4 Korea
- 10.5.5 India
- 10.5.6 Australia
- 10.5.7 Indonesia
- 10.5.8 Thailand
- 10.5.9 Malaysia
- 10.5.10 Philippines
- 10.5.11 Vietnam
- 10.6 Central & South America Market Consumption Forecast
- 10.6.1 Central & South America Lactic Acid and Poly Lactic Acid (PLA) Consumption Forecast by Country 2019-2025
- 10.6.2 Brazil
- 10.7 Middle East and Africa Market Consumption Forecast
- 10.7.1 Middle East and Africa Lactic Acid and Poly Lactic Acid (PLA) Consumption Forecast by Countries 2019-2025
- 10.7.2 Middle East and Africa
- 10.7.3 Turkey
- 10.7.4 GCC Countries
- 10.7.5 Egypt
- 10.7.6 South Africa
11 Upstream, Industry Chain and Downstream Customers Analysis
- 11.1 Analysis of Lactic Acid and Poly Lactic Acid (PLA) Upstream Market
- 11.1.1 Lactic Acid and Poly Lactic Acid (PLA) Key Raw Material
- 11.1.2 Typical Suppliers of Key Lactic Acid and Poly Lactic Acid (PLA) Raw Material
- 11.1.3 Lactic Acid and Poly Lactic Acid (PLA) Raw Material Market Concentration Rate
- 11.2 Lactic Acid and Poly Lactic Acid (PLA) Industry Chain Analysis
- 11.3 Marketing & Distribution
- 11.4 Lactic Acid and Poly Lactic Acid (PLA) Distributors
- 11.5 Lactic Acid and Poly Lactic Acid (PLA) Customers
12 Opportunities & Challenges, Threat and Affecting Factors
- 12.1 Market Opportunities
- 12.2 Market Challenges
- 12.3 Porter's Five Forces Analysis
13 Key Findings
14 Appendix
- 14.1 Research Methodology
- 14.1.1 Methodology/Research Approach
- 14.1.2 Data Source
- 14.2 Author Details
Summary:
Get latest Market Research Reports on Lactic Acid and Poly Lactic Acid (PLA). Industry analysis & Market Report on Lactic Acid and Poly Lactic Acid (PLA) is a syndicated market report, published as Global Lactic Acid and Poly Lactic Acid (PLA) Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Lactic Acid and Poly Lactic Acid (PLA) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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