Polylactic Acid Market by Grade (Thermoforming Grade, Injection Molding Grade, Extrusion Grade, Blow Molding Grade), Application (Rigid Thermoforms, Films & Sheets, Bottles), End-use Industry (Packaging, Consumer Goods, Agricultural, Textile, Bio-Medical), Raw Material (Sugarcane, Corn starch, Cassava, Sugarbeet), and Region - Global Forecast to 2030

Updated on : November 27, 2025

icon1
USD 4.51 BN
MARKET SIZE, 2030
icon2
CAGR 17.5%
(2025-2030)
icon3
300
REPORT PAGES
icon4
230
MARKET TABLES

POLYLACTIC ACID MARKET OVERVIEW

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

The global polylactic acid market is projected to grow from USD 2.01 billion in 2025 to USD 4.51 billion by 2030, at a CAGR of 17.5% from 2025 to 2030. The market is becoming saturated, driven by the growing demand for sustainable and biodegradable alternatives to conventional plastics. PLA is increasingly found across packaging, textiles, agriculture, automotive, and medical applications, as it is compostable, transparent, and versatile in processing. Some drivers of growth for the PLA market are increased government action against single-use plastics, increased consumer demand for eco-friendly products, technological advancements in high-heat and durable grades of PLA, and greater implementation of 3D printing applications.

KEY TAKEAWAYS

  • BY RAW MATERIAL
    Raw materials for PLA include renewable sources such as sugarcane, corn starch, cassava, and sugar beet. Each raw material source has unique benefits in terms of availability, cost efficiency, carbon footprint, and processing ease, making them well-suited for large-scale PLA production.
  • BY GRADE
    There are several grades for processing through thermoforming, injection molding, extrusion, and blow molding. Thermoforming grades are used for rigid packaging, extrusion grades are used for films and sheets, injection molding grades are used for consumer goods and biomedical products, and blow molding grades are identified for bottles and hollow containers.
  • BY APPLICATION
    PLA applications include rigid thermoforms, films and sheets, and bottles.
  • BY END USE INDUSTRY
    End-user markets include packaging, consumer goods, agriculture, textiles, and biomedical.
  • BY REGION
    The PLA market is expected to grow the fastest in the Asia Pacific because of the availability of feedstock (corn, sugarcane), government initiatives against single-use plastics, and growing consumer markets. North America and Europe remain strong markets due to technological advancements, sustainability targets, and supportive regulations promoting bioplastics adoption.
  • COMPETITIVE LANDSCAPE
    The PLA market is competitive, as businesses implement organic and inorganic growth tactics, including capacity expansions, joint ventures, and acquisitions. Industry leaders, such as NatureWorks LLC, TotalEnergies Corbion, Euterro, Danimer Scientific, and BASF SE, are all increasing production capabilities and investing in advanced grades such as high-heat and durable PLA.

The PLA market is projected to witness robust growth due to mounting global sustainability demands and continuous innovation. PLA is becoming a one-stop material to not only meet the strict environmental standards but also deliver the same quality as traditional plastics. Its selling points are biodegradability, light-weight, and process compatibility, which are the main reasons for its widespread use in packaging, consumer goods, agriculture, textiles, and biomedical.

TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS

The changes in the PLA sector business are primarily due to changes in consumer preferences and disruptions in the industries that are the main users of this sector. As an illustration, packaging manufacturers, consumer goods producers, agricultural film converters, and biomedical device makers are the main stakeholders of PLA suppliers. The end users are a mix of environmentally friendly consumers and industries implementing sustainable solutions. The demand in those sectors depends a lot on the trends such as the global push for sustainability, the government regulations on single-use plastics, the biopolymer processing technology, and the price competitiveness with conventional plastics. Changes in raw material supply, production capacity, and consumer adoption of eco-friendly products directly impact PLA producers' revenues,, which eventually determine the overall growth and competition of the polylactic acid market.

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

POLYLACTIC ACID MARKET DYNAMICS

Drivers
Impact
Level
  • Changing consumer preference toward eco-friendly plastic products
  • Increasing use in packaging and compostable bag applications
RESTRAINTS
Impact
Level
  • Higher prices of PLA compared to conventional plastics
  • Limited performance in high-temperature and high-impact applications
OPPORTUNITIES
Impact
Level
  • Development of new end-use applications
  • High growth potential in emerging economies of Asia Pacific
CHALLENGES
Impact
Level
  • Lower thermal stability and mechanical performance compared to traditional plastics
  • Competition from other biodegradable or recycled plastics

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Driver: Changing consumer preference toward eco-friendly plastic products

Growing consumer awareness of environmental issues and efforts to eliminate non-biodegradable plastics are boosting PLA market growth. Petroleum-based plastics take decades to degrade, often sitting in landfills for long periods. In contrast, PLA decomposes faster when discarded and absorbed into ecosystems. Microorganisms speed up the breakdown of biodegradable plastics compared to traditional plastics. Increased landfills and waste piles pose serious environmental hazards, harming flora and fauna. Consumer awareness of these dangers encourages PLA use. The table below lists the risks of conventional plastics, which drive demand for safer, human-friendly products.

Restraint: Higher prices of polylactic acid than conventional plastics

The PLA market is hindered by higher costs than petrochemical plastics like PE and PP, due to renewable feedstocks, complex fermentation, and polymerization processes. Limited demand and capacity prevent economies of scale, raising per-unit costs and reducing competitiveness, especially in low-margin markets. Consumer and regulatory pressures, technological advances, and increasing production may close the cost gap, allowing PLA to become more competitive and expand into wider markets.

Opportunity: Development of new applications

Growing sustainability initiatives and supportive government policies are opening new markets for polylactic acid (PLA) in industries like electronics, biomedical, and automotive. PLA is expanding beyond niche uses as companies recognize its biocompatibility, biodegradability, and versatility. In medicine, R&D is exploring PLA for entirely biodegradable sutures, screws, implants, and scaffolds. In autos, PLA-starch blends are making lightweight parts for better fuel efficiency, with biobased designs increasingly required. In electronics, PLA materials are being considered for casings and insulated components due to eco-friendly and cost benefits.

Challenge: Lower thermal stability and mechanical performance compared to traditional plastics

PLA's environmental benefits are limited by its inferior mechanical and thermal properties, such as low heat resistance and brittleness, reducing its effectiveness in durable industries like automotive, aerospace, and high-temperature packaging. While blending with other materials can improve these properties, it increases complexity and cost, limiting PLA's market appeal in performance-driven sectors.

Polylactic Acid Market: COMMERCIAL USE CASES ACROSS INDUSTRIES

COMPANY USE CASE DESCRIPTION BENEFITS
Developed Ingeo PLA biopolymers are used widely in food packaging, 3D printing, fibers for textiles, and nonwovens (personal care, hygiene) Enabled compostable, bio-based packaging; reduced landfill waste; improved material clarity; used in medical implants and 3D-printed devices
Launched Luminy PLA grades for rigid thermoformed packaging, compostable straws/cups, single-use food service ware; works with PHA for sustainable biomaterial blends in China Delivered fully recyclable, compostable solutions for food packaging, cutlery, and promoted circular plastics in large-scale manufacturing
Developed a full-cycle PLA biorefinery for both PLA production and chemical recycling; serves packaging, textiles, and consumer goods Achieved reduced carbon footprint, promoted circular economy via recycling, and advanced high-quality PLA for major brands
Developed PHA/PLA blends for marine-degradable packaging, films, and coatings for food and beverage sector Created rapidly degradable bioplastics for ocean-safe, single-use items, supporting regulatory compliance in global markets

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

POLYLACTIC ACID MARKET ECOSYSTEM

The PLA ecosystem includes raw material suppliers, PLA manufacturers, distributors, and end users. Suppliers provide biomass feedstocks like corn starch, sugarcane, cassava, and sugar beet, which are fermented to produce lactic acid, the key monomer in PLA. Now, fermenters also process non-food biomass and promote diverse feedstocks. Distributors handle logistics, storage, and global distribution of PLA resins or clumps, offering downstream converters access to regional markets, packaging mandates, traceability, and sustainability documentation. End users span industries such as packaging, agriculture, 3D printing, textiles, automotive, and medical devices.

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

POLYLACTIC ACID MARKET SEGMENTS

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Polylactic Acid Market, By Application

Rigid thermoforms are expected to see the fastest growth in PLA use, mainly in disposable food service, electronics, and medical packaging. PLA thermoformed trays, clamshells, and blister packs offer strength and environmental benefits over petroleum plastics. Their ease of customization and production suitability make them attractive for large-scale use. As industries adopt sustainable packaging, PLA thermoforms stand out due to their lightness, durability, and compostability. They also meet legal and consumer sustainability demands.

Polylactic Acid Market, By End-use Industry

The packaging segment is projected to grow fastest in the polylactic acid market due to environmental concerns and stricter regulations on traditional plastics, encouraging brands to adopt bio-based options. PLA's clarity, printability, and compostability make it ideal for food packaging, single-use containers, and consumer goods. As demand for sustainable, recyclable packaging rises in food, beverage, personal care, and e-commerce, PLA's importance increases. This trend is supported by more investments in compostable packaging infrastructure and consumer preference for eco-friendly materials.

REGION

Asia Pacific to be the fastest-growing region in the global polylactic acid market during the forecast period

Our estimates show Asia Pacific will be the fastest-growing region for polylactic acid (PLA) during the forecast. Countries like China, India, Japan, and South Korea are industrializing and urbanizing, with increased environmental awareness leading to a shift towards sustainable materials. Government incentives, such as bans on single-use plastics and promotion of bio-based materials, are driving demand. Growth in packaging, textiles, electronics, and automotive sectors will sustain PLA expansion. Policies supporting local bioplastics production and public-private partnerships to achieve circular economy goals are further boosting market growth. With government support, rising industrial capacity, and demand from downstream industries, Asia Pacific is set to be the fastest-growing PLA market globally.

Polylactic Acid Market: COMPANY EVALUATION MATRIX

NatureWorks LLC (Star) has large-scale capacity, a global footprint, and strong sustainability investments, placing it at the top of the PLA market. TotalEnergies Corbion (Emerging Leader) advances with its Luminy PLA range in Europe and Asia, focusing on high-heat and durable grades for packaging and medical uses. Through innovation and partnerships, NatureWorks maintains its lead, while TotalEnergies Corbion, with capacity expansions and strategic collaborations, gains momentum as a sustainability-focused competitor.

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

POLYLACTIC ACID MARKET SCOPE

REPORT METRIC DETAILS
Market Size in 2024 (Value) USD 1.72 Billion
Market Forecast in 2030 (Value) USD 4.51 Billion
Growth Rate CAGR of 17.5% from 2025-2030
Years Considered 2022-2030
Base Year 2024
Forecast Period 2025-2030
Units Considered Value (USD Million), Volume (Kilotons)
Report Coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends.
Segments Covered
  • By Grade:
    • Thermoforming
    • Injection Molding
    • Extrusion
    • Blow Molding
    • and Other Grades
  • By Raw Material:
    • Sugarcane
    • Corn starch
    • Cassava
    • Sugarbeet
    • and Other Raw Materials
  • By Application:
    • Rigid Thermoforms
    • Films & Sheets
    • Bottles
    • and Other Applications
Regions Covered North America, Asia Pacific, Europe, South America, Middle East & Africa

WHAT IS IN IT FOR YOU: Polylactic Acid Market REPORT CONTENT GUIDE

DELIVERED CUSTOMIZATIONS

We have successfully delivered the following deep-dive customizations:

CLIENT REQUEST CUSTOMIZATION DELIVERED VALUE ADDS
Global PLA Producer • Profiling on a highly detailed level of the top manufacturers of PLA (NatureWorks, TotalEnergies Corbion, Futerro, Danimer Scientific) • Production capacity benchmarking at a global and regional level by grade (thermoforming, injection molding, extrusion, blow molding) and comparing the standard, rapid, and high molecular weight grades • Tracking the development of new companies entering the market, agreements on licensing, and expansions • Forward integration strategy into consumer goods and packaging was strengthened • Locations of supply-demand missed opportunities were pinpointed in Asia, Europe, and North America • By accessing the market of high-heat & copolymer PLA grades first, competitiveness was raised with the help of an early-mover advantage
Rigid Thermoforms Manufacturer • Detailed comparison of PLA versus PET/PS use in trays, clamshells, and containers for food service • Thermoforming cost–performance benchmarking • Assessment of compostability, recyclability, and food-contact compliance in various parts of the world • The roadmap for the transition from PET/PS to PLA in rigid packaging was made possible • Points of unexploited potential were discovered in ready-meal trays, bakery, and medical blister packs • Adoption process was regulated and rationalized in accordance with the sustainability concerns of the thermoforming sector
Films & Sheets Manufacturer • Competition review of PLA films against PE/PET films for flexible packages and agricultural products • Developing compostable wraps, pouches, and mulch films – the role of case studies • Map of certification and compliance (EN 13432, ASTM D6400) was drawn • The market of biodegradable film with high growth potential in Asia Pacific and Europe was discovered. • Supplier positioning in flexible and agricultural applications was benchmarked. • Client transition plans from fossil-based to bio-based films were supported.
Bottles Manufacturer • Technical benchmarking of PLA and PET bottles in terms of strength, barrier, and shelf-life performance was reported • An overview of various PLA applications in water, dairy, and single-serve beverage bottles was presented • Encouraging examples of additive technologies for making PLA bottles more durable were given • The areas where beverage brands move to bio-based bottles where the easiest entrances were found were highlighted • Feasibility of PLA bottles in high-volume packaging was checked • With the help of consumer insights, the go-to-market strategy was reinforced

RECENT DEVELOPMENTS

  • June 2025 : TotalEnergies Corbion published a new Life Cycle Assessment (LCA) for its Luminy PLA.
  • May 2025 : Futerro plans to set up Europe's biorefinery in Normandy, combining lactic acid, lactide, and PLA production with chemical and mechanical recycling.
  • April 2025 : TotalEnergies Corbion and USEON Technology Limited have partnered to commercialize EPLA.
  • November 2024 : Futerro set up Europe’s first vertically integrated biorefinery in Normandy for the production and recycling of PLA.

 

Table of Contents

Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.

TITLE
PAGE NO
1
INTRODUCTION
 
 
 
27
2
RESEARCH METHODOLOGY
 
 
 
31
3
EXECUTIVE SUMMARY
 
 
 
40
4
PREMIUM INSIGHTS
 
 
 
45
5
MARKET OVERVIEW
PLA market poised for growth with eco-friendly demand, despite cost and performance challenges.
 
 
 
48
 
5.1
INTRODUCTION
 
 
 
 
5.2
MARKET DYNAMICS
 
 
 
 
 
5.2.1
DRIVERS
 
 
 
 
 
5.2.1.1
CHANGING CONSUMER PREFERENCE TOWARD ECO-FRIENDLY PLASTIC PRODUCTS
 
 
 
 
5.2.1.2
INCREASING USE IN PACKAGING AND COMPOSTABLE BAG APPLICATIONS
 
 
 
 
5.2.1.3
GOVERNMENT FOCUS ON GREEN PROCUREMENT POLICIES AND REGULATIONS
 
 
 
 
5.2.1.4
TECHNOLOGICAL ADVANCEMENTS IN FERMENTATION AND POLYMERIZATION PROCESSES OF PLA
 
 
 
5.2.2
RESTRAINTS
 
 
 
 
 
5.2.2.1
HIGHER PRICES OF PLA COMPARED TO CONVENTIONAL PLASTICS
 
 
 
 
5.2.2.2
LIMITED PERFORMANCE IN HIGH-TEMPERATURE AND HIGH-IMPACT APPLICATIONS
 
 
 
5.2.3
OPPORTUNITIES
 
 
 
 
 
5.2.3.1
DEVELOPMENT OF NEW END-USE APPLICATIONS
 
 
 
 
5.2.3.2
HIGH GROWTH POTENTIAL IN EMERGING COUNTRIES OF ASIA PACIFIC
 
 
 
 
5.2.3.3
VERSATILITY OF PLA IN 3D PRINTING, AGRICULTURE, AND TEXTILE SECTORS
 
 
 
5.2.4
CHALLENGES
 
 
 
 
 
5.2.4.1
LOWER THERMAL STABILITY AND MECHANICAL PERFORMANCE COMPARED TO TRADITIONAL PLASTICS
 
 
 
 
5.2.4.2
COMPETITION FROM OTHER BIODEGRADABLE OR RECYCLED PLASTICS
 
 
 
 
5.2.4.3
EXPENSIVE AND COMPLEX PRODUCTION PROCESS
 
 
5.3
PORTER'S FIVE FORCES ANALYSIS
 
 
 
 
 
5.3.1
BARGAINING POWER OF SUPPLIERS
 
 
 
 
5.3.2
BARGAINING POWER OF BUYERS
 
 
 
 
5.3.3
THREAT OF SUBSTITUTES
 
 
 
 
5.3.4
THREAT OF NEW ENTRANTS
 
 
 
 
5.3.5
INTENSITY OF COMPETITIVE RIVALRY
 
 
 
5.4
VALUE CHAIN ANALYSIS
 
 
 
 
 
 
5.4.1
RAW MATERIAL SUPPLIERS
 
 
 
 
5.4.2
MANUFACTURERS
 
 
 
 
5.4.3
DISTRIBUTORS
 
 
 
 
5.4.4
END-CONSUMERS
 
 
 
 
5.4.5
SUPPLIERS OF POLYLACTIC ACID MANUFACTURING EQUIPMENT
 
 
 
5.5
PATENT ANALYSIS
 
 
 
 
 
 
5.5.1
METHODOLOGY
 
 
 
 
5.5.2
PATENTS GRANTED WORLDWIDE, 2015–2024
 
 
 
 
5.5.3
PATENT PUBLICATION TRENDS
 
 
 
 
5.5.4
INSIGHTS
 
 
 
 
5.5.5
LEGAL STATUS OF PATENTS
 
 
 
 
5.5.6
JURISDICTION-WISE PATENT ANALYSIS
 
 
 
 
5.5.7
TOP COMPANIES/APPLICANTS
 
 
 
 
5.5.8
TOP 10 PATENT OWNERS (US) DURING LAST 10 YEARS
 
 
 
5.6
PRICE ANALYSIS
 
 
 
 
 
5.6.1
AVERAGE SELLING PRICE OF POLYLACTIC ACID, BY REGION, 2022–2030
 
 
 
 
5.6.2
AVERAGE SELLING PRICE OF POLYLACTIC ACID, BY GRADE, 2022–2030
 
 
 
 
5.6.3
AVERAGE SELLING PRICE OF POLYLACTIC ACID, BY END-USE INDUSTRY, 2024
 
 
 
 
5.6.4
AVERAGE SELLING PRICE, BY TOP THREE MARKET PLAYERS, 2024
 
 
 
5.7
MANUFACTURING PROCESS OF POLYLACTIC ACID
 
 
 
 
 
5.7.1
RAW MATERIAL PREPARATION
 
 
 
 
5.7.2
LACTIDE PRODUCTION
 
 
 
 
5.7.3
LACTIDE PURIFICATION
 
 
 
 
5.7.4
LACTIDE DEPOLYMERIZATION
 
 
 
 
5.7.5
POLYMERIZATION CONTROL
 
 
 
 
5.7.6
POLYMER PURIFICATION AND PROCESSING
 
 
 
 
5.7.7
POST-PROCESSING AND FINISHING
 
 
 
 
5.7.8
PRODUCT MANUFACTURING
 
 
 
5.8
RAW MATERIAL ANALYSIS
 
 
 
 
 
5.8.1
STARCH
 
 
 
 
5.8.2
TAPIOCA ROOT
 
 
 
 
5.8.3
WOOD CHIPS
 
 
 
 
5.8.4
SUGARCANE
 
 
 
5.9
ECOSYSTEM/MARKET MAPPING
 
 
 
 
 
5.10
CASE STUDIES
 
 
 
 
 
5.10.1
TOTALENERGIES CORBION IMPROVES ENVIRONMENTAL FOOTPRINT WITH LUMINY RECYCLED PLAOVERVIEW
 
 
 
 
5.10.2
NATUREWOKS LLC HELPS SHANGHAI TUOZHUO IN IMPROVING PERFORMANCE AND REDUCING COST AND MAINTENANCE OF WOOD MOLDS FOR METAL CASTING
 
 
 
 
5.10.3
NATUREWORKS LLC PROVIDES INGEO POLYLACTIC ACID FILAMENT TO EARL E. BAKKEN MEDICAL DEVICE CENTER TO STREAMLINE ITS 3D PROTOTYPING
 
 
 
5.11
REGULATORY LANDSCAPE
 
 
 
 
 
5.11.1
NORTH AMERICA
 
 
 
 
 
5.11.1.1
US
 
 
 
 
5.11.1.2
CANADA
 
 
 
5.11.2
ASIA PACIFIC
 
 
 
 
5.11.3
EUROPE
 
 
 
5.12
TRADE ANALYSIS
 
 
 
 
 
 
5.12.1
IMPORT–EXPORT SCENARIO OF POLYLACTIC ACID MARKET (HS CODE 390770)
 
 
 
5.13
TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
 
 
 
 
5.14
KEY CONFERENCES AND EVENTS, 2025–2026
 
 
 
 
5.15
KEY FACTORS AFFECTING BUYING DECISIONS
 
 
 
 
 
5.15.1
PRICE
 
 
 
 
5.15.2
SUSTAINABILITY
 
 
 
 
5.15.3
PERFORMANCE
 
 
 
 
5.15.4
AVAILABILITY
 
 
 
 
5.15.5
REGULATIONS
 
 
 
 
5.15.6
BRAND REPUTATION
 
 
 
 
5.15.7
MARKET TRENDS
 
 
 
 
5.15.8
APPLICATION
 
 
 
5.16
TECHNOLOGY ANALYSIS
 
 
 
 
 
5.16.1
NANOCELLULOSE-PLA NANOCOMPOSITES
 
 
 
 
5.16.2
DEVELOPMENT OF STEREO-COMPLEX PLA FOR HEAT-RESISTANT APPLICATIONS
 
 
 
 
5.16.3
GRAPHENE-REINFORCED PLA FOR HIGH-STRENGTH AND CONDUCTIVE APPLICATIONS
 
 
6
POLYLACTIC ACID MARKET, BY GRADE
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million and Kilotons | 4 Data Tables
 
 
 
82
 
6.1
INTRODUCTION
 
 
 
 
6.2
THERMOFORMING
 
 
 
 
 
6.2.1
PROCESSING CHARACTERISTICS COMPARABLE TO CONVENTIONAL PLASTICS TO BOOST MARKET
 
 
 
6.3
INJECTION MOLDING
 
 
 
 
 
6.3.1
EXCELLENT MELT FLOW AND SUITABILITY FOR COMPLEX AND DETAILED MOLD DESIGNS TO PROPEL MARKET
 
 
 
6.4
EXTRUSION
 
 
 
 
 
6.4.1
GOOD PROCESSIBILITY, MECHANICAL STRENGTH, THERMAL STABILITY, AND LOW ENVIRONMENTAL IMPACT TO DRIVE MARKET
 
 
 
6.5
BLOW MOLDING
 
 
 
 
 
6.5.1
DEMAND FOR HIGH PRODUCTION VOLUMES AND LOW UNIT COST TO BOOST GROWTH
 
 
 
6.6
OTHER GRADES
 
 
 
7
POLYLACTIC ACID MARKET, BY RAW MATERIAL
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million and Kilotons | 4 Data Tables
 
 
 
88
 
7.1
INTRODUCTION
 
 
 
 
7.2
SUGARCANE
 
 
 
 
 
7.2.1
HIGH SUCROSE CONTENT, AVAILABILITY, AND SUSTAINABILITY TO BOOST MARKET
 
 
 
7.3
CORN STARCH
 
 
 
 
 
7.3.1
WIDE AVAILABILITY AS MOST CULTIVATED CROP GLOBALLY TO FUEL GROWTH
 
 
 
7.4
CASSAVA
 
 
 
 
 
7.4.1
RESILIENCE AND LESS REQUIREMENT OF WATER AND AGRICULTURAL INPUTS TO PROPEL GROWTH
 
 
 
7.5
SUGAR BEET
 
 
 
 
 
7.5.1
CARBON SEQUESTRATION, REDUCED WATER USAGE, , AND POTENTIAL FOR CROP ROTATION, ENHANCING SOIL FERTILITY TO DRIVE MARKET
 
 
 
7.6
OTHER RAW MATERIALS
 
 
 
8
POLYLACTIC ACID MARKET, BY APPLICATION
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million and Kilotons | 4 Data Tables
 
 
 
93
 
8.1
INTRODUCTION
 
 
 
 
8.2
RIGID THERMOFORMS
 
 
 
 
 
8.2.1
HIGH-VOLUME PRODUCTION OF PLASTIC PARTS TO DRIVE GROWTH
 
 
 
8.3
FILMS & SHEETS
 
 
 
 
 
8.3.1
DEMAND FOR PRODUCTION OF SPECIAL LINERS, WASTE MANAGEMENT SHEETS, AGRICULTURAL APPLICATIONS, AND RETAIL AND CONVENIENCE BAGS TO BOOST GROWTH
 
 
 
8.4
BOTTLES
 
 
 
 
 
8.4.1
FEWER FOSSIL FUEL RESOURCES AND PLANT-BASED CHEMICAL SYNTHESIS PROCESS TO DRIVE MARKET
 
 
 
8.5
OTHER APPLICATIONS
 
 
 
9
POLYLACTIC ACID MARKET, BY END-USE INDUSTRY
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million and Kilotons | 4 Data Tables
 
 
 
100
 
9.1
INTRODUCTION
 
 
 
 
9.2
PACKAGING
 
 
 
 
 
9.2.1
HIGH DURABILITY AND IMPERMEABILITY OF WATER TO BOOST GROWTH
 
 
 
 
9.2.2
FOOD PACKAGING
 
 
 
 
9.2.3
NON-FOOD PACKAGING
 
 
 
9.3
CONSUMER GOODS
 
 
 
 
 
9.3.1
VERSATILITY AND COST-EFFECTIVENESS TO SUPPORT MARKET GROWTH
 
 
 
 
9.3.2
ELECTRICAL APPLIANCES
 
 
 
 
9.3.3
DOMESTIC APPLIANCES
 
 
 
9.4
AGRICULTURAL
 
 
 
 
 
9.4.1
REGENERATIVE AGRICULTURAL PRACTICES AND REDUCED SOIL POLLUTION TO PROPEL MARKET
 
 
 
 
9.4.2
PLANTER BOXES
 
 
 
 
9.4.3
TAPES & MULCH FILMS
 
 
 
 
9.4.4
NETTING
 
 
 
9.5
TEXTILE
 
 
 
 
 
9.5.1
GROWING DEMAND FOR APPAREL, HOME TEXTILES, AND NONWOVEN FABRICS TO BOOST MARKET
 
 
 
 
9.5.2
DIAPERS AND WIPES
 
 
 
 
9.5.3
FEMALE HYGIENE
 
 
 
 
9.5.4
PERSONAL CARE, CLOTHES, DISPOSABLE GARMENTS, MEDICAL & HEALTHCARE, AND OTHER TEXTILES
 
 
 
9.6
BIO-MEDICAL
 
 
 
 
 
9.6.1
BIODEGRADABILITY, BIOCOMPATIBILITY, AND SAFE ABSORPTION BY HUMAN BODY TO DRIVE GROWTH
 
 
 
 
9.6.2
MEDICAL PLATES AND SCREWS
 
 
 
 
9.6.3
IMPLANTS
 
 
 
9.7
OTHER END-USE INDUSTRIES
 
 
 
10
POLYLACTIC ACID MARKET, BY REGION
Comprehensive coverage of 7 Regions with country-level deep-dive of 15 Countries | 180 Data Tables.
 
 
 
111
 
10.1
INTRODUCTION
 
 
 
 
10.2
ASIA PACIFIC
 
 
 
 
 
10.2.1
CHINA
 
 
 
 
 
10.2.1.1
RISING INDUSTRIAL INVESTMENTS AND STRONG GOVERNMENT MANDATES TO BOOST MARKET
 
 
 
10.2.2
INDIA
 
 
 
 
 
10.2.2.1
STRICTER PLASTIC WASTE LAWS, DOMESTIC PUSH FOR BIOPLASTICS, AND NGO ENGAGEMENT TO BOOST MARKET
 
 
 
10.2.3
JAPAN
 
 
 
 
 
10.2.3.1
RESEARCH ON DEVELOPMENT OF BETTER POLYLACTIC ACID GRADES TO DRIVE MARKET
 
 
 
10.2.4
SOUTH KOREA
 
 
 
 
 
10.2.4.1
GOVERNMENT POLICIES TO SUPPORT MARKET GROWTH
 
 
 
10.2.5
REST OF ASIA PACIFIC
 
 
 
10.3
EUROPE
 
 
 
 
 
10.3.1
GERMANY
 
 
 
 
 
10.3.1.1
BAN ON CONVENTIONAL PLASTICS TO DRIVE MARKET
 
 
 
10.3.2
UK
 
 
 
 
 
10.3.2.1
STRINGENT REGULATIONS ON SINGLE-USE PLASTICS AND RISING DOMESTIC PRODUCTION CAPACITY TO DRIVE MARKET GROWTH
 
 
 
10.3.3
FRANCE
 
 
 
 
 
10.3.3.1
GOVERNMENT INITIATIVES TO PROMOTE USE OF BIOPLASTICS TO DRIVE DEMAND
 
 
 
10.3.4
ITALY
 
 
 
 
 
10.3.4.1
DEMAND FROM FOOD PACKAGING INDUSTRY TO DRIVE DEMAND
 
 
 
10.3.5
SPAIN
 
 
 
 
 
10.3.5.1
RISING PUBLIC AWARENESS AND REGULATORY MEASURES TO BOOST MARKET
 
 
 
10.3.6
REST OF EUROPE
 
 
 
10.4
NORTH AMERICA
 
 
 
 
 
10.4.1
US
 
 
 
 
 
10.4.1.1
SHIFT TOWARD SUSTAINABLE PACKAGING TO DRIVE MARKET GROWTH
 
 
 
10.4.2
CANADA
 
 
 
 
 
10.4.2.1
STRINGENT ENVIRONMENTAL REGULATIONS AND CIRCULAR ECONOMY INITIATIVES TO PROPEL GROWTH
 
 
 
10.4.3
MEXICO
 
 
 
 
 
10.4.3.1
STRATEGIC MANUFACTURING AND EXPORT HUB TO SUPPORT MARKET GROWTH
 
 
10.5
SOUTH AMERICA
 
 
 
 
 
10.5.1
BRAZIL
 
 
 
 
 
10.5.1.1
ABUNDANCE OF RAW MATERIALS TO FUEL MARKET
 
 
 
10.5.2
REST OF SOUTH AMERICA
 
 
 
10.6
MIDDLE EAST & AFRICA
 
 
 
 
 
10.6.1
SAUDI ARABIA
 
 
 
 
 
10.6.1.1
STRINGENT ANTI-PLASTIC REGULATIONS AND CIRCULAR ECONOMY EFFORTS TO FUEL MARKET
 
 
 
10.6.2
UAE
 
 
 
 
 
10.6.2.1
FOCUS ON MEDICAL INNOVATION, CIRCULAR ECONOMY, AND HEALTHCARE EXPANSION TO BOOST MARKET
 
 
 
10.6.3
REST OF MIDDLE EAST & AFRICA
 
 
11
COMPETITIVE LANDSCAPE
Uncover strategies and market positions shaping the competitive edge in the polylactic acid sector.
 
 
 
189
 
11.1
OVERVIEW
 
 
 
 
11.2
KEY PLAYER STRATEGIES
 
 
 
 
11.3
MARKET SHARE ANALYSIS
 
 
 
 
 
11.4
REVENUE ANALYSIS
 
 
 
 
 
11.5
COMPANY VALUATION AND FINANCIAL METRICS
 
 
 
 
11.6
PRODUCT/BRAND COMPARISON
 
 
 
 
 
11.7
COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
 
 
 
 
 
 
11.7.1
STARS
 
 
 
 
11.7.2
EMERGING LEADERS
 
 
 
 
11.7.3
PERVASIVE PLAYERS
 
 
 
 
11.7.4
PARTICIPANTS
 
 
 
 
11.7.5
COMPANY FOOTPRINT: KEY PLAYERS, 2024
 
 
 
 
 
11.7.5.1
COMPANY FOOTPRINT
 
 
 
 
11.7.5.2
REGION FOOTPRINT
 
 
 
 
11.7.5.3
END-USE INDUSTRY FOOTPRINT
 
 
11.8
COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
 
 
 
 
 
 
11.8.1
PROGRESSIVE COMPANIES
 
 
 
 
11.8.2
RESPONSIVE COMPANIES
 
 
 
 
11.8.3
DYNAMIC COMPANIES
 
 
 
 
11.8.4
STARTING BLOCKS
 
 
 
 
11.8.5
COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
 
 
 
 
 
11.8.5.1
DETAILED LIST OF KEY STARTUPS/SMES
 
 
 
 
11.8.5.2
COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
 
 
11.9
COMPETITIVE SCENARIO
 
 
 
 
 
11.9.1
PRODUCT LAUNCHES
 
 
 
 
11.9.2
DEALS
 
 
 
 
11.9.3
EXPANSIONS
 
 
12
COMPANY PROFILES
In-depth Company Profiles of Leading Market Players with detailed Business Overview, Product and Service Portfolio, Recent Developments, and Unique Analyst Perspective (MnM View)
 
 
 
214
 
12.1
KEY PLAYERS
 
 
 
 
 
12.1.1
NATUREWORKS LLC
 
 
 
 
 
12.1.1.1
BUSINESS OVERVIEW
 
 
 
 
12.1.1.2
PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
12.1.1.3
RECENT DEVELOPMENTS
 
 
 
 
12.1.1.4
MNM VIEW
 
 
 
12.1.2
TOTALENERGIES CORBION
 
 
 
 
12.1.3
BASF SE
 
 
 
 
12.1.4
COFCO
 
 
 
 
12.1.5
FUTERRO
 
 
 
 
12.1.6
DANIMER SCIENTIFIC
 
 
 
 
12.1.7
TORAY INDUSTRIES, INC.
 
 
 
 
12.1.8
EVONIK INDUSTRIES
 
 
 
 
12.1.9
MITSUBISHI CHEMICAL GROUP CORPORATION
 
 
 
 
12.1.10
UNITIKA LTD.
 
 
 
12.2
OTHER PLAYERS
 
 
 
 
 
12.2.1
BIOWORKS CORPORATION
 
 
 
 
12.2.2
ADBIOPLASTICS
 
 
 
 
12.2.3
MUSASHINO CHEMICAL LABORATORY, LTD.
 
 
 
 
12.2.4
HANGZHOU PEIJIN CHEMICAL CO.,LTD.
 
 
 
 
12.2.5
AKRO-PLASTIC GMBH
 
 
 
 
12.2.6
FUJIAN GREENJOY BIOMATERIAL CO., LTD.
 
 
 
 
12.2.7
PLAMFG
 
 
 
 
12.2.8
FKUR
 
 
 
 
12.2.9
OTTO CHEMIE PVT. LTD.
 
 
 
 
12.2.10
RAGHAV POLYMERS
 
 
 
 
12.2.11
VAISHNAVI BIO TECH
 
 
 
 
12.2.12
HENAN SINOWIN CHEMICAL INDUSTRY CO., LTD.
 
 
 
 
12.2.13
EMNANDI BIOPLASTICS
 
 
 
 
12.2.14
UNILONG INDUSTRY CO., LTD.
 
 
 
 
12.2.15
PRAJ INDUSTRIES
 
 
13
APPENDIX
 
 
 
261
 
13.1
DISCUSSION GUIDE
 
 
 
 
13.2
KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
 
 
 
 
13.3
CUSTOMIZATION OPTIONS
 
 
 
 
13.4
RELATED REPORTS
 
 
 
 
13.5
AUTHOR DETAILS
 
 
 
LIST OF TABLES
 
 
 
 
 
TABLE 1
POLYLACTIC ACID MARKET: INCLUSIONS AND EXCLUSIONS
 
 
 
 
TABLE 2
ADVERSE HEALTH EFFECTS DUE TO USE OF CONVENTIONAL PLASTICS
 
 
 
 
TABLE 3
PORTER'S FIVE FORCES ANALYSIS
 
 
 
 
TABLE 4
TOTAL NUMBER OF PATENTS
 
 
 
 
TABLE 5
TOP TEN PATENT OWNERS
 
 
 
 
TABLE 6
ECOSYSTEM
 
 
 
 
TABLE 7
REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 8
IMPORT DATA FOR HS CODE 390770-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024
 
 
 
 
TABLE 9
EXPORT DATA FOR HS CODE 390770-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024
 
 
 
 
TABLE 10
DETAILED LIST OF CONFERENCES AND EVENTS, 2025–2026
 
 
 
 
TABLE 11
POLYLACTIC ACID MARKET, BY GRADE, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 12
POLYLACTIC ACID MARKET, BY GRADE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 13
POLYLACTIC ACID MARKET, BY GRADE, 2022–2024 (KILOTON)
 
 
 
 
TABLE 14
POLYLACTIC ACID MARKET, BY GRADE, 2025–2030 (KILOTON)
 
 
 
 
TABLE 15
POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 16
POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 17
POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2022–2024 (KILOTON)
 
 
 
 
TABLE 18
POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2025–2030 (KILOTON)
 
 
 
 
TABLE 19
POLYLACTIC ACID MARKET, BY APPLICATION, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 20
POLYLACTIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 21
POLYLACTIC ACID MARKET, BY APPLICATION, 2022–2024 (KILOTON)
 
 
 
 
TABLE 22
POLYLACTIC ACID MARKET, BY APPLICATION, 2025–2030 (KILOTON)
 
 
 
 
TABLE 23
POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 24
POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 25
POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 26
POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 27
POLYLACTIC ACID MARKET, BY REGION, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 28
POLYLACTIC ACID MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 29
POLYLACTIC ACID MARKET, BY REGION, 2022–2024 (KILOTON)
 
 
 
 
TABLE 30
POLYLACTIC ACID MARKET, BY REGION, 2025–2030 (KILOTON)
 
 
 
 
TABLE 31
ASIA PACIFIC: POLYLACTIC ACID MARKET, BY COUNTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 32
ASIA PACIFIC: POLYLACTIC ACID MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 33
ASIA PACIFIC: POLYLACTIC ACID MARKET, BY COUNTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 34
ASIA PACIFIC: POLYLACTIC ACID MARKET, BY COUNTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 35
ASIA PACIFIC: POLYLACTIC ACID MARKET, BY APPLICATION, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 36
ASIA PACIFIC: POLYLACTIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 37
ASIA PACIFIC: POLYLACTIC ACID MARKET, BY APPLICATION, 2022–2024 (KILOTON)
 
 
 
 
TABLE 38
ASIA PACIFIC: POLYLACTIC ACID MARKET, BY APPLICATION, 2025–2030 (KILOTON)
 
 
 
 
TABLE 39
ASIA PACIFIC: POLYLACTIC ACID MARKET, BY GRADE, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 40
ASIA PACIFIC: POLYLACTIC ACID MARKET, BY GRADE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 41
ASIA PACIFIC: POLYLACTIC ACID MARKET, BY GRADE, 2022–2024 (KILOTON)
 
 
 
 
TABLE 42
ASIA PACIFIC: POLYLACTIC ACID MARKET, BY GRADE, 2025–2030 (KILOTON)
 
 
 
 
TABLE 43
ASIA PACIFIC: POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 44
ASIA PACIFIC: POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 45
ASIA PACIFIC: POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2022–2024 (KILOTON)
 
 
 
 
TABLE 46
ASIA PACIFIC: POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2025–2030 (KILOTON)
 
 
 
 
TABLE 47
ASIA PACIFIC: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 48
ASIA PACIFIC: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 49
ASIA PACIFIC: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 50
ASIA PACIFIC: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 51
CHINA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 52
CHINA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 53
CHINA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 54
CHINA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 55
INDIA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 56
INDIA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 57
INDIA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 58
INDIA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 59
JAPAN: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 60
JAPAN: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 61
JAPAN: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 62
JAPAN: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 63
SOUTH KOREA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 64
SOUTH KOREA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 65
SOUTH KOREA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 66
SOUTH KOREA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 67
REST OF ASIA PACIFIC: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 68
REST OF ASIA PACIFIC: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 69
REST OF ASIA PACIFIC: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 70
REST OF ASIA PACIFIC: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 71
EUROPE: POLYLACTIC ACID MARKET, BY COUNTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 72
EUROPE: POLYLACTIC ACID MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 73
EUROPE: POLYLACTIC ACID MARKET, BY COUNTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 74
EUROPE: POLYLACTIC ACID MARKET, BY COUNTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 75
EUROPE: POLYLACTIC ACID MARKET, BY APPLICATION, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 76
EUROPE: POLYLACTIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 77
EUROPE: POLYLACTIC ACID MARKET, BY APPLICATION, 2022–2024 (KILOTON)
 
 
 
 
TABLE 78
EUROPE: POLYLACTIC ACID MARKET, BY APPLICATION, 2025–2030 (KILOTON)
 
 
 
 
TABLE 79
EUROPE: POLYLACTIC ACID MARKET, BY GRADE, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 80
EUROPE: POLYLACTIC ACID MARKET, BY GRADE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 81
EUROPE: POLYLACTIC ACID MARKET, BY GRADE, 2022–2024 (KILOTON)
 
 
 
 
TABLE 82
EUROPE: POLYLACTIC ACID MARKET, BY GRADE, 2025–2030 (KILOTON)
 
 
 
 
TABLE 83
EUROPE: POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 84
EUROPE: POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 85
EUROPE: POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2022–2024 (KILOTON)
 
 
 
 
TABLE 86
EUROPE: POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2025–2030 (KILOTON)
 
 
 
 
TABLE 87
EUROPE: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 88
EUROPE: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 89
EUROPE: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 90
EUROPE: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 91
GERMANY: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 92
GERMANY: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 93
GERMANY POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 94
GERMANY POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 95
UK: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 96
UK: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 97
UK: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 98
UK: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 99
FRANCE: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 100
FRANCE: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 101
FRANCE: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 102
FRANCE: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 103
ITALY: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 104
ITALY: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 105
ITALY: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 106
ITALY: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 107
SPAIN: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 108
SPAIN: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 109
SPAIN: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 110
SPAIN: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 111
REST OF EUROPE: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 112
REST OF EUROPE: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 113
REST OF EUROPE: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 114
REST OF EUROPE: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 115
NORTH AMERICA: POLYLACTIC ACID MARKET, BY COUNTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 116
NORTH AMERICA: POLYLACTIC ACID MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 117
NORTH AMERICA: POLYLACTIC ACID MARKET, BY COUNTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 118
NORTH AMERICA: POLYLACTIC ACID MARKET, BY COUNTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 119
NORTH AMERICA: POLYLACTIC ACID MARKET, BY APPLICATION, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 120
NORTH AMERICA: POLYLACTIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 121
NORTH AMERICA: POLYLACTIC ACID MARKET, BY APPLICATION, 2022–2024 (KILOTON)
 
 
 
 
TABLE 122
NORTH AMERICA: POLYLACTIC ACID MARKET, BY APPLICATION, 2025–2030 (KILOTON)
 
 
 
 
TABLE 123
NORTH AMERICA: POLYLACTIC ACID MARKET, BY GRADE, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 124
NORTH AMERICA: POLYLACTIC ACID MARKET, BY GRADE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 125
NORTH AMERICA: POLYLACTIC ACID MARKET, BY GRADE, 2022–2024 (KILOTON)
 
 
 
 
TABLE 126
NORTH AMERICA: POLYLACTIC ACID MARKET, BY GRADE, 2025–2030 (KILOTON)
 
 
 
 
TABLE 127
NORTH AMERICA: POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 128
NORTH AMERICA: POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 129
NORTH AMERICA: POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2022–2024 (KILOTON)
 
 
 
 
TABLE 130
NORTH AMERICA: POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2025–2030 (KILOTON)
 
 
 
 
TABLE 131
NORTH AMERICA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 132
NORTH AMERICA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 133
NORTH AMERICA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 134
NORTH AMERICA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 135
US: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 136
US: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 137
US: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 138
US: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 139
CANADA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 140
CANADA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 141
CANADA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 142
CANADA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 143
MEXICO: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 144
MEXICO: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 145
MEXICO: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 146
MEXICO: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 147
SOUTH AMERICA: POLYLACTIC ACID MARKET, BY COUNTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 148
SOUTH AMERICA: POLYLACTIC ACID MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 149
SOUTH AMERICA: POLYLACTIC ACID MARKET, BY COUNTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 150
SOUTH AMERICA: POLYLACTIC ACID MARKET, BY COUNTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 151
SOUTH AMERICA: POLYLACTIC ACID MARKET, BY APPLICATION, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 152
SOUTH AMERICA: POLYLACTIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 153
SOUTH AMERICA: POLYLACTIC ACID MARKET, BY APPLICATION, 2022–2024 (KILOTON)
 
 
 
 
TABLE 154
SOUTH AMERICA: POLYLACTIC ACID MARKET, BY APPLICATION, 2025–2030 (KILOTON)
 
 
 
 
TABLE 155
SOUTH AMERICA: POLYLACTIC ACID MARKET, BY GRADE, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 156
SOUTH AMERICA: POLYLACTIC ACID MARKET, BY GRADE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 157
SOUTH AMERICA: POLYLACTIC ACID MARKET, BY GRADE, 2022–2024 (KILOTON)
 
 
 
 
TABLE 158
SOUTH AMERICA: POLYLACTIC ACID MARKET, BY GRADE, 2025–2030 (KILOTON)
 
 
 
 
TABLE 159
SOUTH AMERICA: POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 160
SOUTH AMERICA: POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 161
SOUTH AMERICA: POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2022–2024 (KILOTON)
 
 
 
 
TABLE 162
SOUTH AMERICA: POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2025–2030 (KILOTON)
 
 
 
 
TABLE 163
SOUTH AMERICA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 164
SOUTH AMERICA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 165
SOUTH AMERICA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 166
SOUTH AMERICA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 167
BRAZIL: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 168
BRAZIL: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 169
BRAZIL: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 170
BRAZIL: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 171
REST OF SOUTH AMERICA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 172
REST OF SOUTH AMERICA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 173
REST OF SOUTH AMERICA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 174
REST OF SOUTH AMERICA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 175
MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY COUNTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 176
MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 177
MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY COUNTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 178
MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY COUNTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 179
MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY APPLICATION, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 180
MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 181
MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY APPLICATION, 2022–2024 (KILOTON)
 
 
 
 
TABLE 182
MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY APPLICATION, 2025–2030 (KILOTON)
 
 
 
 
TABLE 183
MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY GRADE, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 184
MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY GRADE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 185
MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY GRADE, 2022–2024 (KILOTON)
 
 
 
 
TABLE 186
MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY GRADE, 2025–2030 (KILOTON)
 
 
 
 
TABLE 187
MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 188
MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 189
MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2022–2024 (KILOTON)
 
 
 
 
TABLE 190
MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY RAW MATERIAL, 2025–2030 (KILOTON)
 
 
 
 
TABLE 191
MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 192
MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 193
MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 194
MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 195
SAUDI ARABIA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 196
SAUDI ARABIA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 197
SAUDI ARABIA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 198
SAUDI ARABIA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 199
UAE: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 200
UAE: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 201
UAE: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 202
UAE: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 203
REST OF MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (USD MILLION)
 
 
 
 
TABLE 204
REST OF MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 205
REST OF MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2022–2024 (KILOTON)
 
 
 
 
TABLE 206
REST OF MIDDLE EAST & AFRICA: POLYLACTIC ACID MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)
 
 
 
 
TABLE 207
POLYLACTIC ACID MARKET: OVERVIEW OF MAJOR STRATEGIES ADOPTED BY KEY PLAYERS, JANUARY 2020–JUNE 2025
 
 
 
 
TABLE 208
POLYLACTIC ACID MARKET: DEGREE OF COMPETITION, 2024
 
 
 
 
TABLE 209
POLYLACTIC ACID MARKET: REGION FOOTPRINT
 
 
 
 
TABLE 210
POLYLACTIC ACID MARKET: END-USE INDUSTRY FOOTPRINT
 
 
 
 
TABLE 211
POLYLACTIC ACID MARKET: DETAILED LIST OF KEY STARTUPS/SMES
 
 
 
 
TABLE 212
POLYLACTIC ACID MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
 
 
 
 
TABLE 213
POLYLACTIC ACID MARKET: PRODUCT LAUNCHES, JANUARY 2020-JUNE 2025
 
 
 
 
TABLE 214
POLYLACTIC ACID MARKET: DEALS, JANUARY 2020–JUNE 2025
 
 
 
 
TABLE 215
POLYLACTIC ACID MARKET: EXPANSIONS, JANUARY 2020–JUNE 2025
 
 
 
 
TABLE 216
NATUREWORKS LLC : COMPANY OVERVIEW
 
 
 
 
TABLE 217
NATUREWORKS LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 218
NATUREWORKS LLC: PRODUCT LAUNCHES, JANUARY 2020–JUNE 2025
 
 
 
 
TABLE 219
NATUREWORKS LLC: DEALS, JANUARY 2020–JUNE 2025
 
 
 
 
TABLE 220
NATUREWORKS LLC: EXPANSIONS, JANUARY 2020–JUNE 2025
 
 
 
 
TABLE 221
TOTALENERGIES CORBION: COMPANY OVERVIEW
 
 
 
 
TABLE 222
TOTALENERGIES CORBION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 223
TOTALENERGIES CORBION: PRODUCT LAUNCHES, JANUARY 2020–JUNE 2025
 
 
 
 
TABLE 224
TOTALENERGIES CORBION: DEALS, JANUARY 2020–JUNE 2025
 
 
 
 
TABLE 225
TOTALENERGIES CORBION: EXPANSIONS, JANUARY 2020–JUNE 2025
 
 
 
 
TABLE 226
BASF SE: COMPANY OVERVIEW
 
 
 
 
TABLE 227
BASF SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 228
BASF SE: DEALS, JANUARY 2020–JUNE 2025
 
 
 
 
TABLE 229
BASF SE: EXPANSIONS, JANUARY 2020–JUNE 2025
 
 
 
 
TABLE 230
COFCO: COMPANY OVERVIEW
 
 
 
 
TABLE 231
COFCO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 232
FUTERRO: COMPANY OVERVIEW
 
 
 
 
TABLE 233
FUTERRO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 234
FUTERRO: EXPANSIONS, JANUARY 2020–JUNE 2025
 
 
 
 
TABLE 235
DANIMER SCIENTIFIC: COMPANY OVERVIEW
 
 
 
 
TABLE 236
DANIMER SCIENTIFIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 237
DANIMER SCIENTIFIC: DEALS, JANUARY 2020–JUNE 2025
 
 
 
 
TABLE 238
DANIMER SCIENTIFIC: EXPANSIONS, JANUARY 2020–JUNE 2025
 
 
 
 
TABLE 239
TORAY INDUSTRIES, INC.: COMPANY OVERVIEW
 
 
 
 
TABLE 240
TORAY INDUSTRIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 241
DANIMER SCIENTIFIC: PRODUCT LAUNCHES, JANUARY 2020–JUNE 2025
 
 
 
 
TABLE 242
EVONIK INDUSTRIES: COMPANY OVERVIEW
 
 
 
 
TABLE 243
EVONIK INDUSTRIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 244
EVONIK INDUSTRIES: PRODUCT LAUNCHES, JANUARY 2020–JUNE 2025
 
 
 
 
TABLE 245
EVONIK INDUSTRIES: DEALS, JANUARY 2020–JUNE 2025
 
 
 
 
TABLE 246
MITSUBISHI CHEMICAL GROUP CORPORATION: COMPANY OVERVIEW
 
 
 
 
TABLE 247
MITSUBISHI CHEMICAL GROUP CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 248
UNITIKA LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 249
UNITIKA LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 250
BIOWORKS CORPORATION: COMPANY OVERVIEW
 
 
 
 
TABLE 251
ADBIOPLASTICS: COMPANY OVERVIEW
 
 
 
 
TABLE 252
MUSASHINO CHEMICAL LABORATORY, LTD. : COMPANY OVERVIEW
 
 
 
 
TABLE 253
HANGZHOU PEIJIN CHEMICAL CO.,LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 254
AKRO-PLASTIC GMBH: COMPANY OVERVIEW
 
 
 
 
TABLE 255
FUJIAN GREENJOY BIOMATERIAL CO., LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 256
PLAMFG: COMPANY OVERVIEW
 
 
 
 
TABLE 257
FKUR: COMPANY OVERVIEW
 
 
 
 
TABLE 258
OTTO CHEMIE PVT. LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 259
RAGHAV POLYMERS: COMPANY OVERVIEW
 
 
 
 
TABLE 260
VAISHNAVI BIO TECH: COMPANY OVERVIEW
 
 
 
 
TABLE 261
HENAN SINOWIN CHEMICAL INDUSTRY CO.,LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 262
EMNANDI BIOPLASTICS: COMPANY OVERVIEW
 
 
 
 
TABLE 263
UNILONG INDUSTRY CO., LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 264
PRAJ INDUSTRIES: COMPANY OVERVIEW
 
 
 
 
LIST OF FIGURES
 
 
 
 
 
FIGURE 1
POLYLACTIC ACID MARKET: SEGMENTATION AND REGIONAL SCOPE
 
 
 
 
FIGURE 2
POLYLACTIC ACID MARKET: RESEARCH DESIGN
 
 
 
 
FIGURE 3
POLYLACTIC ACID MARKET: BOTTOM-UP APPROACH
 
 
 
 
FIGURE 4
POLYLACTIC ACID MARKET: TOP-DOWN APPROACH
 
 
 
 
FIGURE 5
POLYLACTIC ACID MARKET: DATA TRIANGULATION
 
 
 
 
FIGURE 6
THERMOFORMING GRADE TO LEAD POLYLACTIC ACID MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 7
SUGARCANE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 8
RIGID THERMOFORMS APPLICATION TO LEAD MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 9
PACKAGING INDUSTRY TO DOMINATE OVERALL POLYLACTIC ACID MARKET BETWEEN 2025 AND 2030
 
 
 
 
FIGURE 10
EUROPE LED POLYLACTIC ACID MARKET IN 2024
 
 
 
 
FIGURE 11
ASIA PACIFIC OFFERS ATTRACTIVE OPPORTUNITIES IN POLYLACTIC ACID MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 12
THERMOFORMING GRADE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 13
SUGARCANE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 14
RIGID THERMOFORMS APPLICATION TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
 
 
 
 
FIGURE 15
PACKAGING SEGMENT TO LEAD MARKET BY 2030
 
 
 
 
FIGURE 16
MARKET IN JAPAN TO REGISTER HIGHEST CAGR FROM 2025 TO 2030
 
 
 
 
FIGURE 17
DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN POLYLACTIC ACID MARKET
 
 
 
 
FIGURE 18
PORTER'S FIVE FORCES ANALYSIS
 
 
 
 
FIGURE 19
OVERVIEW OF POLYLACTIC ACID MARKET VALUE CHAIN
 
 
 
 
FIGURE 20
TOTAL NUMBER OF PATENTS DURING LAST 10 YEARS
 
 
 
 
FIGURE 21
PATENT ANALYSIS, BY LEGAL STATUS
 
 
 
 
FIGURE 22
TOP JURISDICTIONS FOR POLYLACTIC ACID PATENTS
 
 
 
 
FIGURE 23
TOP 10 COMPANIES/APPLICANTS WITH HIGHEST NUMBER OF PATENTS
 
 
 
 
FIGURE 24
AVERAGE SELLING PRICE, BY REGION, 2022–2030 (USD/KG)
 
 
 
 
FIGURE 25
AVERAGE SELLING PRICE, BY GRADE, 2022–2030 (USD/KG)
 
 
 
 
FIGURE 26
AVERAGE SELLING PRICE, BY END-USE INDUSTRY, 2024 (USD/KG)
 
 
 
 
FIGURE 27
AVERAGE SELLING PRICE, BY TOP THREE MARKET PLAYERS, 2024 (USD/KG)
 
 
 
 
FIGURE 28
ECOSYSTEM MAPPING
 
 
 
 
FIGURE 29
TRENDS IN POLYLACTIC ACID MARKET
 
 
 
 
FIGURE 30
THERMOFORMING GRADE TO BE LARGEST SEGMENT OF POLYLACTIC ACID MARKET
 
 
 
 
FIGURE 31
SUGARCANE TO BE LEADING RAW MATERIAL SEGMENT OF POLYLACTIC ACID MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 32
RIGID THERMOFORMS TO BE LARGEST SEGMENT OF POLYLACTIC ACID MARKET
 
 
 
 
FIGURE 33
PACKAGING END-USE INDUSTRY TO LEAD OVERALL POLYLACTIC ACID MARKET
 
 
 
 
FIGURE 34
ASIA PACIFIC: POLYLACTIC ACID MARKET SNAPSHOT
 
 
 
 
FIGURE 35
EUROPE: POLYLACTIC ACID MARKET SNAPSHOT
 
 
 
 
FIGURE 36
POLYLACTIC ACID MARKET SHARE ANALYSIS, 2024
 
 
 
 
FIGURE 37
POLYLACTIC ACID MARKET: REVENUE ANALYSIS OF KEY COMPANIES IN LAST FOUR YEARS, 2020–2023 (USD BILLION)
 
 
 
 
FIGURE 38
POLYLACTIC ACID MARKET: COMPANY VALUATION, 2024 (USD BILLION)
 
 
 
 
FIGURE 39
POLYLACTIC ACID MARKET: FINANCIAL MATRIX: EV/EBITDA RATIO, 2024
 
 
 
 
FIGURE 40
POLYLACTIC ACID MARKET: YEAR-TO-DATE PRICE AND FIVE-YEAR STOCK BETA, 2024
 
 
 
 
FIGURE 41
POLYLACTIC ACID MARKET: PRODUCT/BRAND COMPARISON
 
 
 
 
FIGURE 42
POLYLACTIC ACID MARKET: COMPANY EVALUATION MATRIX, KEY PLAYERS, 2024
 
 
 
 
FIGURE 43
POLYLACTIC ACID MARKET: COMPANY FOOTPRINT
 
 
 
 
FIGURE 44
POLYLACTIC ACID MARKET: COMPANY EVALUATION MATRIX, STARTUPS/SMES, 2024
 
 
 
 
FIGURE 45
BASF SE: COMPANY SNAPSHOT
 
 
 
 
FIGURE 46
DANIMER SCIENTIFIC: COMPANY SNAPSHOT
 
 
 
 
FIGURE 47
TORAY INDUSTRIES, INC.: COMPANY SNAPSHOT
 
 
 
 
FIGURE 48
EVONIK INDUSTRIES: COMPANY SNAPSHOT
 
 
 
 
FIGURE 49
MITSUBISHI CHEMICAL GROUP CORPORATION: COMPANY SNAPSHOT
 
 
 
 
FIGURE 50
UNITIKA LTD.: COMPANY SNAPSHOT
 
 
 
 

Methodology

The study carried out four key activities to measure the size of the global polylactic acid (PLA) market. Extensive secondary research was performed to gather information on the PLA market, related bioplastic markets, and the broader markets for bio-based polymers. These findings were verified through primary research with industry experts from various parts of the PLA value chain, including sources from raw material supply industries, polymer manufacturers, compounders, and end-use industries. The overall PLA market size was estimated using both top-down and bottom-up approaches. Market segmentation and data triangulation were then used to accurately determine the sizes of the segments and sub-segments of the PLA market.

Secondary Research

We developed a market landscape for companies providing PLA and related solutions using a combination of secondary data sources, both publicly available and those we paid for, including evaluation of company product portfolios, industry publications, and trade databases. The following sources were examined to assess macroeconomic and industry-level trends influencing PLA uptake: Bloomberg, Factiva, Business Standard, and the World Bank. In addition, we used annual reports from our climate policy framework assessment, press releases, sustainability reports, and investor briefings of PLA manufacturers and bio-based (derived from renewable biomass) polymer manufacturers and as well as guidance from industry associations, environmental policy frameworks, and whitepapers related to bioplastics. This research led to an understanding of the various components of the PLA value chain, the top players in the PLA business, how the market is categorized, innovation developments in technology, and related information in the PLA ecosystem.

Primary Research

In the primary research process, various primary sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side included industry experts, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), marketing directors, technology and innovation directors, and related key executives from several key companies and organizations operating in the PLA market. After the complete market engineering (calculations for market statistics, market breakdown, market size estimations, market forecasting, and data triangulation), extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. Primary research was also conducted to identify the segmentation types, industry trends, competitive landscape of PLA offered by various market players, and key market dynamics, such as drivers, restraints, opportunities, challenges, industry trends, and key player strategies. In the complete market engineering process, the top-down and bottom-up approaches and several data triangulation methods were extensively used to perform the market estimation and market forecasting for the overall market segments and subsegments listed in this report. Extensive qualitative and quantitative analysis was performed on the complete market engineering process to list the key information/insights throughout the report.

The following is the breakdown of primary respondents:

Polylactic Acid Market

Notes: Other designations include sales, marketing, and product managers.

Tier 1: >USD 1 Billion; Tier 2: USD 500 million–1 Billion; and Tier 3: < USD 500 million.

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The top-down and bottom-up approaches were used to estimate and validate the size of the global PLA market. These approaches were also used extensively to estimate the size of various dependent market segments. The research methodology used to estimate the market size included the following:

Polylactic Acid Market

Data Triangulation

After estimating the overall market size using standardized methodologies, the PLA market was divided into various application areas, grades, raw materials, and regional markets. Data triangulation and market breakup techniques were used, when necessary, to complete the market analysis and produce accurate statistics for each segment and subsegment. The triangulation process involved analyzing and confirming data from supply-side factors (such as production capacities, raw material availability, technology adoption) and demand-side trends (including end-use consumption, application growth, regulatory requirements) to ensure consistency and precision in the final market estimates.

Market Definition

PLA is a bio-based and fully biodegradable thermoplastic polyester typically derived from renewable resources that include corn starch, sugarcane, cassava, and sugarbeet. PLA is produced from the fermentation of sugars to lactic acid, followed by polymerization. It is recognized for its clarity, compostability, and being easy to process, and is frequently used in packaging, 3D printing, textiles, medical devices, and in the disposal of products. PLA offers adequate mechanical strength, biocompatibility, and significantly less environmental impact when compared to traditional fossil-fuel-based plastics; however, there are some limitations with PLA, specifically with regard to heat resistance and its rate of degradation in non-industrial composting situations. Overall, PLA can be made using conventional plastic processing methods, such as injection molding, thermoforming, blow molding, and extrusion. Because of increasing demand for more sustainable alternatives, PLA is changing its position in the new world manufacturing sector with the rapid transition to circular and bio-economy-based manufacturing.

Stakeholders

  • PLA manufacturers
  • Raw material suppliers
  • Downstream converters and processors
  • Distributors and traders
  • Industry associations and regulatory bodies
  • End users

Report Objectives

  • To define, describe, and forecast the size of the global PLA market based on application, grade, sales channel, and region in terms of value and volume
  • To provide detailed information on the significant drivers, restraints, opportunities, and challenges influencing the market
  • To strategically analyze micromarkets concerning individual growth trends, prospects, and their contribution to the market
  • To assess the growth opportunities in the market for stakeholders and provide details on the competitive landscape for market leaders
  • To forecast the market size of segments and subsegments for North America, Europe, Asia Pacific, South America, and the Middle East & Africa
  • To strategically profile key players and comprehensively analyze their market shares and core competencies
  • To analyze competitive developments such as product launches, acquisitions, expansions, partnerships, and agreements in the PLA market
  • To provide the impact of AI/Gen AI on the market

 

Key Questions Addressed by the Report

What are the drivers of the PLA market?

Increasing global demand for sustainable and compostable materials, environmental regulations on single-use plastics, corporate sustainability commitments, and government support are key drivers. Technological improvements in processing and thermal resistance also expand PLA applications.

What are the major challenges of the PLA market?

Key challenges include higher production costs, limited industrial composting infrastructure, reduced thermal and barrier properties, feedstock availability issues (e.g., corn, sugarcane), and competition from other bio-based or recyclable materials.

What are the major opportunities in the PLA market?

Opportunities lie in high-performance PLA grades, chemical recycling, growth in 3D printing, biomedical applications, automotive uses, and expansion into non-food biomass sources. Increasing demand in Asia-Pacific, Middle East, and Latin America also fuels growth.

What are the major factors restraining the growth of the PLA market?

Restraints include limited consumer awareness, lack of composting infrastructure, low-cost competition from petrochemical plastics, and unclear biodegradability regulations that challenge broader adoption.

Who are the major players in the PLA market?

Major companies include NatureWorks LLC (US), TotalEnergies Corbion (Netherlands), BASF SE (Germany), COFCO (China), and Futerro (Belgium).

Personalize This Research

  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
Request A Free Customisation

Let Us Help You

  • What are the Known and Unknown Adjacencies Impacting the Polylactic Acid Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
Customized Workshop Request

Custom Market Research Services

We Will Customise The Research For You, In Case The Report Listed Above Does Not Meet With Your Requirements

Get 10% Free Customisation

Growth opportunities and latent adjacency in Polylactic Acid Market

DMCA.com Protection Status