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Global Lactic Acid & Poly Lactic Acid (PLA) Market Research Report 2024

Global Lactic Acid & Poly Lactic Acid (PLA) Market Research Report 2024

Publishing Date : Jan, 2024

License Type :
 

Report Code : 1804571

No of Pages : 95

Synopsis
Poly(lactic acid) (PLA) is produced from the monomer of lactic acid (LA). PLA can be produced by two well-known processes—the direct polycondensation (DP) route and the ring-opening polymerization (ROP) route.
The global Lactic Acid & Poly Lactic Acid (PLA) market was valued at US$ 1466 million in 2023 and is anticipated to reach US$ 1896.4 million by 2030, witnessing a CAGR of 3.8% during the forecast period 2024-2030.
North American market for Lactic Acid & Poly Lactic Acid (PLA) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Lactic Acid & Poly Lactic Acid (PLA) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Lactic Acid & Poly Lactic Acid (PLA) include BASF SE, Danimer Scientific LLC, Henan Jindan Lactic Acid Technology Co., Ltd., Synbra Technology B.V., The Dow Chemical Company, Corbion Purac, Galactic S.A, Natureworks LLC and Teijin Ltd, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Lactic Acid & Poly Lactic Acid (PLA), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lactic Acid & Poly Lactic Acid (PLA).
Report Scope
The Lactic Acid & Poly Lactic Acid (PLA) market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Lactic Acid & Poly Lactic Acid (PLA) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Lactic Acid & Poly Lactic Acid (PLA) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
BASF SE
Danimer Scientific LLC
Henan Jindan Lactic Acid Technology Co., Ltd.
Synbra Technology B.V.
The Dow Chemical Company
Corbion Purac
Galactic S.A
Natureworks LLC
Teijin Ltd
Wei Mon Industry Co., Ltd
Segment by Type
Food Grade
Pharmaceutical Grade
Cosmetic Grade
Segment by Application
Biodegradable Polymers
Food And Beverages
Pharmaceuticals
Personal Care Product
Other Applications
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Lactic Acid & Poly Lactic Acid (PLA) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Lactic Acid & Poly Lactic Acid (PLA) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Lactic Acid & Poly Lactic Acid (PLA) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index
1 Lactic Acid & Poly Lactic Acid (PLA) Market Overview
1.1 Product Definition
1.2 Lactic Acid & Poly Lactic Acid (PLA) Segment by Type
1.2.1 Global Lactic Acid & Poly Lactic Acid (PLA) Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Food Grade
1.2.3 Pharmaceutical Grade
1.2.4 Cosmetic Grade
1.3 Lactic Acid & Poly Lactic Acid (PLA) Segment by Application
1.3.1 Global Lactic Acid & Poly Lactic Acid (PLA) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Biodegradable Polymers
1.3.3 Food And Beverages
1.3.4 Pharmaceuticals
1.3.5 Personal Care Product
1.3.6 Other Applications
1.4 Global Market Growth Prospects
1.4.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Lactic Acid & Poly Lactic Acid (PLA) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Lactic Acid & Poly Lactic Acid (PLA) Production Estimates and Forecasts (2019-2030)
1.4.4 Global Lactic Acid & Poly Lactic Acid (PLA) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production Market Share by Manufacturers (2019-2024)
2.2 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Lactic Acid & Poly Lactic Acid (PLA), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Lactic Acid & Poly Lactic Acid (PLA) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Lactic Acid & Poly Lactic Acid (PLA) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Lactic Acid & Poly Lactic Acid (PLA), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Lactic Acid & Poly Lactic Acid (PLA), Product Offered and Application
2.8 Global Key Manufacturers of Lactic Acid & Poly Lactic Acid (PLA), Date of Enter into This Industry
2.9 Lactic Acid & Poly Lactic Acid (PLA) Market Competitive Situation and Trends
2.9.1 Lactic Acid & Poly Lactic Acid (PLA) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Lactic Acid & Poly Lactic Acid (PLA) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Lactic Acid & Poly Lactic Acid (PLA) Production by Region
3.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value by Region (2019-2030)
3.2.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Lactic Acid & Poly Lactic Acid (PLA) by Region (2025-2030)
3.3 Global Lactic Acid & Poly Lactic Acid (PLA) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Lactic Acid & Poly Lactic Acid (PLA) Production by Region (2019-2030)
3.4.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Lactic Acid & Poly Lactic Acid (PLA) by Region (2025-2030)
3.5 Global Lactic Acid & Poly Lactic Acid (PLA) Market Price Analysis by Region (2019-2024)
3.6 Global Lactic Acid & Poly Lactic Acid (PLA) Production and Value, Year-over-Year Growth
3.6.1 North America Lactic Acid & Poly Lactic Acid (PLA) Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Lactic Acid & Poly Lactic Acid (PLA) Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Lactic Acid & Poly Lactic Acid (PLA) Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Lactic Acid & Poly Lactic Acid (PLA) Production Value Estimates and Forecasts (2019-2030)
4 Lactic Acid & Poly Lactic Acid (PLA) Consumption by Region
4.1 Global Lactic Acid & Poly Lactic Acid (PLA) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Lactic Acid & Poly Lactic Acid (PLA) Consumption by Region (2019-2030)
4.2.1 Global Lactic Acid & Poly Lactic Acid (PLA) Consumption by Region (2019-2024)
4.2.2 Global Lactic Acid & Poly Lactic Acid (PLA) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Lactic Acid & Poly Lactic Acid (PLA) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Lactic Acid & Poly Lactic Acid (PLA) Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Lactic Acid & Poly Lactic Acid (PLA) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Lactic Acid & Poly Lactic Acid (PLA) Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 UK
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Lactic Acid & Poly Lactic Acid (PLA) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Lactic Acid & Poly Lactic Acid (PLA) Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Lactic Acid & Poly Lactic Acid (PLA) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Lactic Acid & Poly Lactic Acid (PLA) Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production by Type (2019-2030)
5.1.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production by Type (2019-2024)
5.1.2 Global Lactic Acid & Poly Lactic Acid (PLA) Production by Type (2025-2030)
5.1.3 Global Lactic Acid & Poly Lactic Acid (PLA) Production Market Share by Type (2019-2030)
5.2 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value by Type (2019-2030)
5.2.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value by Type (2019-2024)
5.2.2 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value by Type (2025-2030)
5.2.3 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value Market Share by Type (2019-2030)
5.3 Global Lactic Acid & Poly Lactic Acid (PLA) Price by Type (2019-2030)
6 Segment by Application
6.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production by Application (2019-2030)
6.1.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production by Application (2019-2024)
6.1.2 Global Lactic Acid & Poly Lactic Acid (PLA) Production by Application (2025-2030)
6.1.3 Global Lactic Acid & Poly Lactic Acid (PLA) Production Market Share by Application (2019-2030)
6.2 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value by Application (2019-2030)
6.2.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value by Application (2019-2024)
6.2.2 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value by Application (2025-2030)
6.2.3 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value Market Share by Application (2019-2030)
6.3 Global Lactic Acid & Poly Lactic Acid (PLA) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 BASF SE
7.1.1 BASF SE Lactic Acid & Poly Lactic Acid (PLA) Corporation Information
7.1.2 BASF SE Lactic Acid & Poly Lactic Acid (PLA) Product Portfolio
7.1.3 BASF SE Lactic Acid & Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2019-2024)
7.1.4 BASF SE Main Business and Markets Served
7.1.5 BASF SE Recent Developments/Updates
7.2 Danimer Scientific LLC
7.2.1 Danimer Scientific LLC Lactic Acid & Poly Lactic Acid (PLA) Corporation Information
7.2.2 Danimer Scientific LLC Lactic Acid & Poly Lactic Acid (PLA) Product Portfolio
7.2.3 Danimer Scientific LLC Lactic Acid & Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Danimer Scientific LLC Main Business and Markets Served
7.2.5 Danimer Scientific LLC Recent Developments/Updates
7.3 Henan Jindan Lactic Acid Technology Co., Ltd.
7.3.1 Henan Jindan Lactic Acid Technology Co., Ltd. Lactic Acid & Poly Lactic Acid (PLA) Corporation Information
7.3.2 Henan Jindan Lactic Acid Technology Co., Ltd. Lactic Acid & Poly Lactic Acid (PLA) Product Portfolio
7.3.3 Henan Jindan Lactic Acid Technology Co., Ltd. Lactic Acid & Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Henan Jindan Lactic Acid Technology Co., Ltd. Main Business and Markets Served
7.3.5 Henan Jindan Lactic Acid Technology Co., Ltd. Recent Developments/Updates
7.4 Synbra Technology B.V.
7.4.1 Synbra Technology B.V. Lactic Acid & Poly Lactic Acid (PLA) Corporation Information
7.4.2 Synbra Technology B.V. Lactic Acid & Poly Lactic Acid (PLA) Product Portfolio
7.4.3 Synbra Technology B.V. Lactic Acid & Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Synbra Technology B.V. Main Business and Markets Served
7.4.5 Synbra Technology B.V. Recent Developments/Updates
7.5 The Dow Chemical Company
7.5.1 The Dow Chemical Company Lactic Acid & Poly Lactic Acid (PLA) Corporation Information
7.5.2 The Dow Chemical Company Lactic Acid & Poly Lactic Acid (PLA) Product Portfolio
7.5.3 The Dow Chemical Company Lactic Acid & Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2019-2024)
7.5.4 The Dow Chemical Company Main Business and Markets Served
7.5.5 The Dow Chemical Company Recent Developments/Updates
7.6 Corbion Purac
7.6.1 Corbion Purac Lactic Acid & Poly Lactic Acid (PLA) Corporation Information
7.6.2 Corbion Purac Lactic Acid & Poly Lactic Acid (PLA) Product Portfolio
7.6.3 Corbion Purac Lactic Acid & Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Corbion Purac Main Business and Markets Served
7.6.5 Corbion Purac Recent Developments/Updates
7.7 Galactic S.A
7.7.1 Galactic S.A Lactic Acid & Poly Lactic Acid (PLA) Corporation Information
7.7.2 Galactic S.A Lactic Acid & Poly Lactic Acid (PLA) Product Portfolio
7.7.3 Galactic S.A Lactic Acid & Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Galactic S.A Main Business and Markets Served
7.7.5 Galactic S.A Recent Developments/Updates
7.8 Natureworks LLC
7.8.1 Natureworks LLC Lactic Acid & Poly Lactic Acid (PLA) Corporation Information
7.8.2 Natureworks LLC Lactic Acid & Poly Lactic Acid (PLA) Product Portfolio
7.8.3 Natureworks LLC Lactic Acid & Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Natureworks LLC Main Business and Markets Served
7.7.5 Natureworks LLC Recent Developments/Updates
7.9 Teijin Ltd
7.9.1 Teijin Ltd Lactic Acid & Poly Lactic Acid (PLA) Corporation Information
7.9.2 Teijin Ltd Lactic Acid & Poly Lactic Acid (PLA) Product Portfolio
7.9.3 Teijin Ltd Lactic Acid & Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Teijin Ltd Main Business and Markets Served
7.9.5 Teijin Ltd Recent Developments/Updates
7.10 Wei Mon Industry Co., Ltd
7.10.1 Wei Mon Industry Co., Ltd Lactic Acid & Poly Lactic Acid (PLA) Corporation Information
7.10.2 Wei Mon Industry Co., Ltd Lactic Acid & Poly Lactic Acid (PLA) Product Portfolio
7.10.3 Wei Mon Industry Co., Ltd Lactic Acid & Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Wei Mon Industry Co., Ltd Main Business and Markets Served
7.10.5 Wei Mon Industry Co., Ltd Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Lactic Acid & Poly Lactic Acid (PLA) Industry Chain Analysis
8.2 Lactic Acid & Poly Lactic Acid (PLA) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Lactic Acid & Poly Lactic Acid (PLA) Production Mode & Process
8.4 Lactic Acid & Poly Lactic Acid (PLA) Sales and Marketing
8.4.1 Lactic Acid & Poly Lactic Acid (PLA) Sales Channels
8.4.2 Lactic Acid & Poly Lactic Acid (PLA) Distributors
8.5 Lactic Acid & Poly Lactic Acid (PLA) Customers
9 Lactic Acid & Poly Lactic Acid (PLA) Market Dynamics
9.1 Lactic Acid & Poly Lactic Acid (PLA) Industry Trends
9.2 Lactic Acid & Poly Lactic Acid (PLA) Market Drivers
9.3 Lactic Acid & Poly Lactic Acid (PLA) Market Challenges
9.4 Lactic Acid & Poly Lactic Acid (PLA) Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer

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