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Polylactic Acid (PLA)-Global Market Insights and Sales Trends 2025
Synopsis
The global Polylactic Acid (PLA) market size is expected to reach US$ 1346.7 million by 2029, growing at a CAGR of 3.3% from 2023 to 2029. The market is mainly driven by the significant applications of Polylactic Acid (PLA) in various end use industries. The expanding demands from the Tableware and Utensils, Food and Beverage Packaging, Electronics and Electrical Appliances and Medical and Personal Care, are propelling Polylactic Acid (PLA) market. Injection Molding Grade PLA, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Film Grade PLA segment is estimated at % CAGR for the next seven-year period.
Polylactic Acid (PLA), also known as Polylactide (Polylactide), is a kind of aliphatic polyester.Polylactic acid (PLA) is a kind of biodegradable polymer material, which is made from biomass materials such as sugar, starch and cellulose by fermentation and then polymerized into PLA polymer materials. Global Polylactic Acid(PLA) key players include NatureWorks, Total Corbion, BEWiSynbra, Teijin, Toray etc. Global top five manufacturers hold a Production Market Share over 80%. North America accounts for the most Sales Market Share, which have a share over 30%, followed by China. In terms of product, Injection Molding Grade is the largest segment, with a Revenue Market Share over 65%. And in terms of application, the largest Application is Tableware and Utensils, followed by Food and Beverage Packaging.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Polylactic Acid (PLA), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Polylactic Acid (PLA) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Polylactic Acid (PLA) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Polylactic Acid (PLA) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Polylactic Acid (PLA) covered in this report include NatureWorks, Total Corbion, BEWiSynbra, Teijin, Toray, Futerro, Sulzer, Unitika and HISUN, etc.
The global Polylactic Acid (PLA) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
NatureWorks
Total Corbion
BEWiSynbra
Teijin
Toray
Futerro
Sulzer
Unitika
HISUN
Shanghai TONGJIELIANG
Nantong JIUDING
ESUN
BBCA BIOTECH
Global Polylactic Acid (PLA) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Polylactic Acid (PLA) market, Segment by Type:
Injection Molding Grade PLA
Film Grade PLA
Sheet Grade PLA
Fiber Grade PLA
Global Polylactic Acid (PLA) market, by Application
Tableware and Utensils
Food and Beverage Packaging
Electronics and Electrical Appliances
Medical and Personal Care
3D Printing Consumables
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Polylactic Acid (PLA) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Polylactic Acid (PLA) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Polylactic Acid (PLA) market size is expected to reach US$ 1346.7 million by 2029, growing at a CAGR of 3.3% from 2023 to 2029. The market is mainly driven by the significant applications of Polylactic Acid (PLA) in various end use industries. The expanding demands from the Tableware and Utensils, Food and Beverage Packaging, Electronics and Electrical Appliances and Medical and Personal Care, are propelling Polylactic Acid (PLA) market. Injection Molding Grade PLA, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Film Grade PLA segment is estimated at % CAGR for the next seven-year period.
Polylactic Acid (PLA), also known as Polylactide (Polylactide), is a kind of aliphatic polyester.Polylactic acid (PLA) is a kind of biodegradable polymer material, which is made from biomass materials such as sugar, starch and cellulose by fermentation and then polymerized into PLA polymer materials. Global Polylactic Acid(PLA) key players include NatureWorks, Total Corbion, BEWiSynbra, Teijin, Toray etc. Global top five manufacturers hold a Production Market Share over 80%. North America accounts for the most Sales Market Share, which have a share over 30%, followed by China. In terms of product, Injection Molding Grade is the largest segment, with a Revenue Market Share over 65%. And in terms of application, the largest Application is Tableware and Utensils, followed by Food and Beverage Packaging.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Polylactic Acid (PLA), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Polylactic Acid (PLA) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Polylactic Acid (PLA) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Polylactic Acid (PLA) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Polylactic Acid (PLA) covered in this report include NatureWorks, Total Corbion, BEWiSynbra, Teijin, Toray, Futerro, Sulzer, Unitika and HISUN, etc.
The global Polylactic Acid (PLA) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
NatureWorks
Total Corbion
BEWiSynbra
Teijin
Toray
Futerro
Sulzer
Unitika
HISUN
Shanghai TONGJIELIANG
Nantong JIUDING
ESUN
BBCA BIOTECH
Global Polylactic Acid (PLA) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Polylactic Acid (PLA) market, Segment by Type:
Injection Molding Grade PLA
Film Grade PLA
Sheet Grade PLA
Fiber Grade PLA
Global Polylactic Acid (PLA) market, by Application
Tableware and Utensils
Food and Beverage Packaging
Electronics and Electrical Appliances
Medical and Personal Care
3D Printing Consumables
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Polylactic Acid (PLA) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Polylactic Acid (PLA) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Polylactic Acid (PLA) Market Overview
1.1 Polylactic Acid (PLA) Product Overview
1.2 Polylactic Acid (PLA) Market Segment by Type
1.2.1 Injection Molding Grade PLA
1.2.2 Film Grade PLA
1.2.3 Sheet Grade PLA
1.2.4 Fiber Grade PLA
1.3 Global Polylactic Acid (PLA) Market Size by Type
1.3.1 Global Polylactic Acid (PLA) Market Size Overview by Type (2018-2029)
1.3.2 Global Polylactic Acid (PLA) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Polylactic Acid (PLA) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Polylactic Acid (PLA) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Polylactic Acid (PLA) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Polylactic Acid (PLA) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Polylactic Acid (PLA) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Polylactic Acid (PLA) Sales Breakdown by Type (2018-2023)
2 Global Polylactic Acid (PLA) Market Competition by Company
2.1 Global Top Players by Polylactic Acid (PLA) Sales (2018-2023)
2.2 Global Top Players by Polylactic Acid (PLA) Revenue (2018-2023)
2.3 Global Top Players by Polylactic Acid (PLA) Price (2018-2023)
2.4 Global Top Manufacturers Polylactic Acid (PLA) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Polylactic Acid (PLA) Market Competitive Situation and Trends
2.5.1 Polylactic Acid (PLA) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Polylactic Acid (PLA) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Polylactic Acid (PLA) as of 2022)
2.7 Date of Key Manufacturers Enter into Polylactic Acid (PLA) Market
2.8 Key Manufacturers Polylactic Acid (PLA) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Polylactic Acid (PLA) Status and Outlook by Region
3.1 Global Polylactic Acid (PLA) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Polylactic Acid (PLA) Historic Market Size by Region
3.2.1 Global Polylactic Acid (PLA) Sales in Volume by Region (2018-2023)
3.2.2 Global Polylactic Acid (PLA) Sales in Value by Region (2018-2023)
3.2.3 Global Polylactic Acid (PLA) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Polylactic Acid (PLA) Forecasted Market Size by Region
3.3.1 Global Polylactic Acid (PLA) Sales in Volume by Region (2024-2029)
3.3.2 Global Polylactic Acid (PLA) Sales in Value by Region (2024-2029)
3.3.3 Global Polylactic Acid (PLA) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Polylactic Acid (PLA) by Application
4.1 Polylactic Acid (PLA) Market Segment by Application
4.1.1 Tableware and Utensils
4.1.2 Food and Beverage Packaging
4.1.3 Electronics and Electrical Appliances
4.1.4 Medical and Personal Care
4.1.5 3D Printing Consumables
4.1.6 Other
4.2 Global Polylactic Acid (PLA) Market Size by Application
4.2.1 Global Polylactic Acid (PLA) Market Size Overview by Application (2018-2029)
4.2.2 Global Polylactic Acid (PLA) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Polylactic Acid (PLA) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Polylactic Acid (PLA) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Polylactic Acid (PLA) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Polylactic Acid (PLA) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Polylactic Acid (PLA) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Polylactic Acid (PLA) Sales Breakdown by Application (2018-2023)
5 North America Polylactic Acid (PLA) by Country
5.1 North America Polylactic Acid (PLA) Historic Market Size by Country
5.1.1 North America Polylactic Acid (PLA) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Polylactic Acid (PLA) Sales in Volume by Country (2018-2023)
5.1.3 North America Polylactic Acid (PLA) Sales in Value by Country (2018-2023)
5.2 North America Polylactic Acid (PLA) Forecasted Market Size by Country
5.2.1 North America Polylactic Acid (PLA) Sales in Volume by Country (2024-2029)
5.2.2 North America Polylactic Acid (PLA) Sales in Value by Country (2024-2029)
6 Europe Polylactic Acid (PLA) by Country
6.1 Europe Polylactic Acid (PLA) Historic Market Size by Country
6.1.1 Europe Polylactic Acid (PLA) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Polylactic Acid (PLA) Sales in Volume by Country (2018-2023)
6.1.3 Europe Polylactic Acid (PLA) Sales in Value by Country (2018-2023)
6.2 Europe Polylactic Acid (PLA) Forecasted Market Size by Country
6.2.1 Europe Polylactic Acid (PLA) Sales in Volume by Country (2024-2029)
6.2.2 Europe Polylactic Acid (PLA) Sales in Value by Country (2024-2029)
7 Asia-Pacific Polylactic Acid (PLA) by Region
7.1 Asia-Pacific Polylactic Acid (PLA) Historic Market Size by Region
7.1.1 Asia-Pacific Polylactic Acid (PLA) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Polylactic Acid (PLA) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Polylactic Acid (PLA) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Polylactic Acid (PLA) Forecasted Market Size by Region
7.2.1 Asia-Pacific Polylactic Acid (PLA) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Polylactic Acid (PLA) Sales in Value by Region (2024-2029)
8 Latin America Polylactic Acid (PLA) by Country
8.1 Latin America Polylactic Acid (PLA) Historic Market Size by Country
8.1.1 Latin America Polylactic Acid (PLA) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Polylactic Acid (PLA) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Polylactic Acid (PLA) Sales in Value by Country (2018-2023)
8.2 Latin America Polylactic Acid (PLA) Forecasted Market Size by Country
8.2.1 Latin America Polylactic Acid (PLA) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Polylactic Acid (PLA) Sales in Value by Country (2024-2029)
9 Middle East and Africa Polylactic Acid (PLA) by Country
9.1 Middle East and Africa Polylactic Acid (PLA) Historic Market Size by Country
9.1.1 Middle East and Africa Polylactic Acid (PLA) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Polylactic Acid (PLA) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Polylactic Acid (PLA) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Polylactic Acid (PLA) Forecasted Market Size by Country
9.2.1 Middle East and Africa Polylactic Acid (PLA) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Polylactic Acid (PLA) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 NatureWorks
10.1.1 NatureWorks Company Information
10.1.2 NatureWorks Introduction and Business Overview
10.1.3 NatureWorks Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 NatureWorks Polylactic Acid (PLA) Products Offered
10.1.5 NatureWorks Recent Development
10.2 Total Corbion
10.2.1 Total Corbion Company Information
10.2.2 Total Corbion Introduction and Business Overview
10.2.3 Total Corbion Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Total Corbion Polylactic Acid (PLA) Products Offered
10.2.5 Total Corbion Recent Development
10.3 BEWiSynbra
10.3.1 BEWiSynbra Company Information
10.3.2 BEWiSynbra Introduction and Business Overview
10.3.3 BEWiSynbra Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 BEWiSynbra Polylactic Acid (PLA) Products Offered
10.3.5 BEWiSynbra Recent Development
10.4 Teijin
10.4.1 Teijin Company Information
10.4.2 Teijin Introduction and Business Overview
10.4.3 Teijin Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Teijin Polylactic Acid (PLA) Products Offered
10.4.5 Teijin Recent Development
10.5 Toray
10.5.1 Toray Company Information
10.5.2 Toray Introduction and Business Overview
10.5.3 Toray Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Toray Polylactic Acid (PLA) Products Offered
10.5.5 Toray Recent Development
10.6 Futerro
10.6.1 Futerro Company Information
10.6.2 Futerro Introduction and Business Overview
10.6.3 Futerro Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Futerro Polylactic Acid (PLA) Products Offered
10.6.5 Futerro Recent Development
10.7 Sulzer
10.7.1 Sulzer Company Information
10.7.2 Sulzer Introduction and Business Overview
10.7.3 Sulzer Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Sulzer Polylactic Acid (PLA) Products Offered
10.7.5 Sulzer Recent Development
10.8 Unitika
10.8.1 Unitika Company Information
10.8.2 Unitika Introduction and Business Overview
10.8.3 Unitika Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Unitika Polylactic Acid (PLA) Products Offered
10.8.5 Unitika Recent Development
10.9 HISUN
10.9.1 HISUN Company Information
10.9.2 HISUN Introduction and Business Overview
10.9.3 HISUN Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 HISUN Polylactic Acid (PLA) Products Offered
10.9.5 HISUN Recent Development
10.10 Shanghai TONGJIELIANG
10.10.1 Shanghai TONGJIELIANG Company Information
10.10.2 Shanghai TONGJIELIANG Introduction and Business Overview
10.10.3 Shanghai TONGJIELIANG Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Shanghai TONGJIELIANG Polylactic Acid (PLA) Products Offered
10.10.5 Shanghai TONGJIELIANG Recent Development
10.11 Nantong JIUDING
10.11.1 Nantong JIUDING Company Information
10.11.2 Nantong JIUDING Introduction and Business Overview
10.11.3 Nantong JIUDING Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Nantong JIUDING Polylactic Acid (PLA) Products Offered
10.11.5 Nantong JIUDING Recent Development
10.12 ESUN
10.12.1 ESUN Company Information
10.12.2 ESUN Introduction and Business Overview
10.12.3 ESUN Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2018-2023)
10.12.4 ESUN Polylactic Acid (PLA) Products Offered
10.12.5 ESUN Recent Development
10.13 BBCA BIOTECH
10.13.1 BBCA BIOTECH Company Information
10.13.2 BBCA BIOTECH Introduction and Business Overview
10.13.3 BBCA BIOTECH Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2018-2023)
10.13.4 BBCA BIOTECH Polylactic Acid (PLA) Products Offered
10.13.5 BBCA BIOTECH Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Polylactic Acid (PLA) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Polylactic Acid (PLA) Industrial Chain Analysis
11.4 Polylactic Acid (PLA) Market Dynamics
11.4.1 Polylactic Acid (PLA) Industry Trends
11.4.2 Polylactic Acid (PLA) Market Drivers
11.4.3 Polylactic Acid (PLA) Market Challenges
11.4.4 Polylactic Acid (PLA) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Polylactic Acid (PLA) Distributors
12.3 Polylactic Acid (PLA) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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