Global Polylactic Acid (PLA) Market Growth 2019-2024
Table of Contents
2019-2024 Global Polylactic Acid (PLA) Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Polylactic Acid (PLA) Consumption 2014-2024
- 2.1.2 Polylactic Acid (PLA) Consumption CAGR by Region
- 2.2 Polylactic Acid (PLA) Segment by Type
- 2.2.1 Poly(L-lactic)acid
- 2.2.2 Poly(D-lactic)acid
- 2.2.3 Poly(DL-lactic)acid
- 2.3 Polylactic Acid (PLA) Consumption by Type
- 2.3.1 Global Polylactic Acid (PLA) Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Polylactic Acid (PLA) Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Polylactic Acid (PLA) Sale Price by Type (2014-2019)
- 2.4 Polylactic Acid (PLA) Segment by Application
- 2.4.1 Food & Beverage Packaging
- 2.4.2 Serviceware
- 2.4.3 Electronics & Appliances
- 2.4.4 Medical & Hygiene
- 2.4.5 Other
- 2.5 Polylactic Acid (PLA) Consumption by Application
- 2.5.1 Global Polylactic Acid (PLA) Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Polylactic Acid (PLA) Value and Market Share by Application (2014-2019)
- 2.5.3 Global Polylactic Acid (PLA) Sale Price by Application (2014-2019)
3 Global Polylactic Acid (PLA) by Players
- 3.1 Global Polylactic Acid (PLA) Sales Market Share by Players
- 3.1.1 Global Polylactic Acid (PLA) Sales by Players (2017-2019)
- 3.1.2 Global Polylactic Acid (PLA) Sales Market Share by Players (2017-2019)
- 3.2 Global Polylactic Acid (PLA) Revenue Market Share by Players
- 3.2.1 Global Polylactic Acid (PLA) Revenue by Players (2017-2019)
- 3.2.2 Global Polylactic Acid (PLA) Revenue Market Share by Players (2017-2019)
- 3.3 Global Polylactic Acid (PLA) Sale Price by Players
- 3.4 Global Polylactic Acid (PLA) Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Polylactic Acid (PLA) Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Polylactic Acid (PLA) Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Polylactic Acid (PLA) by Regions
- 4.1 Polylactic Acid (PLA) by Regions
- 4.1.1 Global Polylactic Acid (PLA) Consumption by Regions
- 4.1.2 Global Polylactic Acid (PLA) Value by Regions
- 4.2 Americas Polylactic Acid (PLA) Consumption Growth
- 4.3 APAC Polylactic Acid (PLA) Consumption Growth
- 4.4 Europe Polylactic Acid (PLA) Consumption Growth
- 4.5 Middle East & Africa Polylactic Acid (PLA) Consumption Growth
5 Americas
- 5.1 Americas Polylactic Acid (PLA) Consumption by Countries
- 5.1.1 Americas Polylactic Acid (PLA) Consumption by Countries (2014-2019)
- 5.1.2 Americas Polylactic Acid (PLA) Value by Countries (2014-2019)
- 5.2 Americas Polylactic Acid (PLA) Consumption by Type
- 5.3 Americas Polylactic Acid (PLA) Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Polylactic Acid (PLA) Consumption by Countries
- 6.1.1 APAC Polylactic Acid (PLA) Consumption by Countries (2014-2019)
- 6.1.2 APAC Polylactic Acid (PLA) Value by Countries (2014-2019)
- 6.2 APAC Polylactic Acid (PLA) Consumption by Type
- 6.3 APAC Polylactic Acid (PLA) Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Polylactic Acid (PLA) by Countries
- 7.1.1 Europe Polylactic Acid (PLA) Consumption by Countries (2014-2019)
- 7.1.2 Europe Polylactic Acid (PLA) Value by Countries (2014-2019)
- 7.2 Europe Polylactic Acid (PLA) Consumption by Type
- 7.3 Europe Polylactic Acid (PLA) Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Polylactic Acid (PLA) by Countries
- 8.1.1 Middle East & Africa Polylactic Acid (PLA) Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Polylactic Acid (PLA) Value by Countries (2014-2019)
- 8.2 Middle East & Africa Polylactic Acid (PLA) Consumption by Type
- 8.3 Middle East & Africa Polylactic Acid (PLA) Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Polylactic Acid (PLA) Distributors
- 10.3 Polylactic Acid (PLA) Customer
11 Global Polylactic Acid (PLA) Market Forecast
- 11.1 Global Polylactic Acid (PLA) Consumption Forecast (2019-2024)
- 11.2 Global Polylactic Acid (PLA) Forecast by Regions
- 11.2.1 Global Polylactic Acid (PLA) Forecast by Regions (2019-2024)
- 11.2.2 Global Polylactic Acid (PLA) Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Polylactic Acid (PLA) Forecast by Type
- 11.8 Global Polylactic Acid (PLA) Forecast by Application
12 Key Players Analysis
- 12.1 NatureWorks
- 12.1.1 Company Details
- 12.1.2 Polylactic Acid (PLA) Product Offered
- 12.1.3 NatureWorks Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 NatureWorks News
- 12.2 Synbra Technology
- 12.2.1 Company Details
- 12.2.2 Polylactic Acid (PLA) Product Offered
- 12.2.3 Synbra Technology Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Synbra Technology News
- 12.3 Teijin
- 12.3.1 Company Details
- 12.3.2 Polylactic Acid (PLA) Product Offered
- 12.3.3 Teijin Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Teijin News
- 12.4 Toray
- 12.4.1 Company Details
- 12.4.2 Polylactic Acid (PLA) Product Offered
- 12.4.3 Toray Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Toray News
- 12.5 Futerro
- 12.5.1 Company Details
- 12.5.2 Polylactic Acid (PLA) Product Offered
- 12.5.3 Futerro Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Futerro News
- 12.6 Toyobo
- 12.6.1 Company Details
- 12.6.2 Polylactic Acid (PLA) Product Offered
- 12.6.3 Toyobo Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Toyobo News
- 12.7 Sulzer
- 12.7.1 Company Details
- 12.7.2 Polylactic Acid (PLA) Product Offered
- 12.7.3 Sulzer Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Sulzer News
- 12.8 Uhde Inventa-Fischer
- 12.8.1 Company Details
- 12.8.2 Polylactic Acid (PLA) Product Offered
- 12.8.3 Uhde Inventa-Fischer Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Uhde Inventa-Fischer News
- 12.9 Hisun Biomaterials
- 12.9.1 Company Details
- 12.9.2 Polylactic Acid (PLA) Product Offered
- 12.9.3 Hisun Biomaterials Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Hisun Biomaterials News
- 12.10 Shanghai Tongjieliang
- 12.10.1 Company Details
- 12.10.2 Polylactic Acid (PLA) Product Offered
- 12.10.3 Shanghai Tongjieliang Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Shanghai Tongjieliang News
- 12.11 Jiuding Biological Engineering
- 12.12 Shenzhen Esun Industrial
13 Research Findings and Conclusion
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) 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.
According to this study, over the next five years the Polylactic Acid (PLA) market will register a 5.4% CAGR in terms of revenue, the global market size will reach US$ 770 million by 2024, from US$ 560 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Polylactic Acid (PLA) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Polylactic Acid (PLA) market by product type, application, key manufacturers and key regions and countries.
This study considers the Polylactic Acid (PLA) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Poly(L-lactic)acid
Poly(D-lactic)acid
Poly(DL-lactic)acid
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Food & Beverage Packaging
Serviceware
Electronics & Appliances
Medical & Hygiene
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
NatureWorks
Synbra Technology
Teijin
Toray
Futerro
Toyobo
Sulzer
Uhde Inventa-Fischer
Hisun Biomaterials
Shanghai Tongjieliang
Jiuding Biological Engineering
Shenzhen Esun Industrial
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Polylactic Acid (PLA) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Polylactic Acid (PLA) market by identifying its various subsegments.
Focuses on the key global Polylactic Acid (PLA) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Polylactic Acid (PLA) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Polylactic Acid (PLA) submarkets, with respect to key regions (along with their respective key countries).
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.