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Polylactic-Global Market Insights and Sales Trends 2024
Synopsis
Polylactic acid (PLA) is an aliphatic polyester made up of lactic acid (2-hydroxy propionic acid) building blocks. It is also a biodegradable and compostable thermoplastic derived from renewable plant sources, such as starch and sugar. PLA can be processed through different production lines including injection molding, blow molding, thermoforming or extrusion, and further used to produce various items such as plastic films, bottles, and biodegradable medical devices.
The global Polylactic market size is expected to reach US$ 1108.3 million by 2029, growing at a CAGR of 12.1% from 2023 to 2029. The market is mainly driven by the significant applications of Polylactic in various end use industries. The expanding demands from the Food & Beverage Packaging, Serviceware, Electronics & Appliances and Medical & Hygiene, are propelling Polylactic market. Poly(L-lactic)acid, 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 Poly(D-lactic)acid segment is estimated at % CAGR for the next seven-year period.
Polylactic Acid (PLA) industry is a sunrise industry, breakpoint for blooming is coming. However, due to technical barrier and the risk of uncertain breakpoint of downstream demand, the manufacture end has very high concentration with NatureWorks’ accounting for largest share of 76.81% in 2017.
The leading companies, such as NatureWorks, have gained good reputation from customers, Although Chinese manufacturers are enlarging the market share through releasing more capacity, the country is still puzzled by the low-end Polylactic Acid (PLA). It is necessary for Chinese manufacturers to improve their technology to provide high performance products to customers.
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, 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 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 market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Polylactic 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 covered in this report include NatureWorks, Synbra Technology, Teijin, Toray, Futerro, Toyobo, Sulzer, Uhde Inventa-Fischer and Hisun Biomaterials, etc.
The global Polylactic 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
Synbra Technology
Teijin
Toray
Futerro
Toyobo
Sulzer
Uhde Inventa-Fischer
Hisun Biomaterials
Shanghai Tongjieliang
Jiuding Biological Engineering
Shenzhen Esun Industrial
Global Polylactic 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 market, Segment by Type:
Poly(L-lactic)acid
Poly(D-lactic)acid
Poly(DL-lactic)acid
Global Polylactic market, by Application
Food & Beverage Packaging
Serviceware
Electronics & Appliances
Medical & Hygiene
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 manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Polylactic 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.
Polylactic acid (PLA) is an aliphatic polyester made up of lactic acid (2-hydroxy propionic acid) building blocks. It is also a biodegradable and compostable thermoplastic derived from renewable plant sources, such as starch and sugar. PLA can be processed through different production lines including injection molding, blow molding, thermoforming or extrusion, and further used to produce various items such as plastic films, bottles, and biodegradable medical devices.
The global Polylactic market size is expected to reach US$ 1108.3 million by 2029, growing at a CAGR of 12.1% from 2023 to 2029. The market is mainly driven by the significant applications of Polylactic in various end use industries. The expanding demands from the Food & Beverage Packaging, Serviceware, Electronics & Appliances and Medical & Hygiene, are propelling Polylactic market. Poly(L-lactic)acid, 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 Poly(D-lactic)acid segment is estimated at % CAGR for the next seven-year period.
Polylactic Acid (PLA) industry is a sunrise industry, breakpoint for blooming is coming. However, due to technical barrier and the risk of uncertain breakpoint of downstream demand, the manufacture end has very high concentration with NatureWorks’ accounting for largest share of 76.81% in 2017.
The leading companies, such as NatureWorks, have gained good reputation from customers, Although Chinese manufacturers are enlarging the market share through releasing more capacity, the country is still puzzled by the low-end Polylactic Acid (PLA). It is necessary for Chinese manufacturers to improve their technology to provide high performance products to customers.
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, 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 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 market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Polylactic 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 covered in this report include NatureWorks, Synbra Technology, Teijin, Toray, Futerro, Toyobo, Sulzer, Uhde Inventa-Fischer and Hisun Biomaterials, etc.
The global Polylactic 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
Synbra Technology
Teijin
Toray
Futerro
Toyobo
Sulzer
Uhde Inventa-Fischer
Hisun Biomaterials
Shanghai Tongjieliang
Jiuding Biological Engineering
Shenzhen Esun Industrial
Global Polylactic 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 market, Segment by Type:
Poly(L-lactic)acid
Poly(D-lactic)acid
Poly(DL-lactic)acid
Global Polylactic market, by Application
Food & Beverage Packaging
Serviceware
Electronics & Appliances
Medical & Hygiene
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 manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Polylactic 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 Market Overview
1.1 Polylactic Product Overview
1.2 Polylactic Market Segment by Type
1.2.1 Poly(L-lactic)acid
1.2.2 Poly(D-lactic)acid
1.2.3 Poly(DL-lactic)acid
1.3 Global Polylactic Market Size by Type
1.3.1 Global Polylactic Market Size Overview by Type (2018-2029)
1.3.2 Global Polylactic Historic Market Size Review by Type (2018-2023)
1.3.3 Global Polylactic Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Polylactic Sales Breakdown by Type (2018-2023)
1.4.2 Europe Polylactic Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Polylactic Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Polylactic Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Polylactic Sales Breakdown by Type (2018-2023)
2 Global Polylactic Market Competition by Company
2.1 Global Top Players by Polylactic Sales (2018-2023)
2.2 Global Top Players by Polylactic Revenue (2018-2023)
2.3 Global Top Players by Polylactic Price (2018-2023)
2.4 Global Top Manufacturers Polylactic Manufacturing Base Distribution, Sales Area, Product Type
2.5 Polylactic Market Competitive Situation and Trends
2.5.1 Polylactic Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Polylactic 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 as of 2022)
2.7 Date of Key Manufacturers Enter into Polylactic Market
2.8 Key Manufacturers Polylactic Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Polylactic Status and Outlook by Region
3.1 Global Polylactic Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Polylactic Historic Market Size by Region
3.2.1 Global Polylactic Sales in Volume by Region (2018-2023)
3.2.2 Global Polylactic Sales in Value by Region (2018-2023)
3.2.3 Global Polylactic Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Polylactic Forecasted Market Size by Region
3.3.1 Global Polylactic Sales in Volume by Region (2024-2029)
3.3.2 Global Polylactic Sales in Value by Region (2024-2029)
3.3.3 Global Polylactic Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Polylactic by Application
4.1 Polylactic Market Segment by Application
4.1.1 Food & Beverage Packaging
4.1.2 Serviceware
4.1.3 Electronics & Appliances
4.1.4 Medical & Hygiene
4.1.5 Other
4.2 Global Polylactic Market Size by Application
4.2.1 Global Polylactic Market Size Overview by Application (2018-2029)
4.2.2 Global Polylactic Historic Market Size Review by Application (2018-2023)
4.2.3 Global Polylactic Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Polylactic Sales Breakdown by Application (2018-2023)
4.3.2 Europe Polylactic Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Polylactic Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Polylactic Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Polylactic Sales Breakdown by Application (2018-2023)
5 North America Polylactic by Country
5.1 North America Polylactic Historic Market Size by Country
5.1.1 North America Polylactic Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Polylactic Sales in Volume by Country (2018-2023)
5.1.3 North America Polylactic Sales in Value by Country (2018-2023)
5.2 North America Polylactic Forecasted Market Size by Country
5.2.1 North America Polylactic Sales in Volume by Country (2024-2029)
5.2.2 North America Polylactic Sales in Value by Country (2024-2029)
6 Europe Polylactic by Country
6.1 Europe Polylactic Historic Market Size by Country
6.1.1 Europe Polylactic Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Polylactic Sales in Volume by Country (2018-2023)
6.1.3 Europe Polylactic Sales in Value by Country (2018-2023)
6.2 Europe Polylactic Forecasted Market Size by Country
6.2.1 Europe Polylactic Sales in Volume by Country (2024-2029)
6.2.2 Europe Polylactic Sales in Value by Country (2024-2029)
7 Asia-Pacific Polylactic by Region
7.1 Asia-Pacific Polylactic Historic Market Size by Region
7.1.1 Asia-Pacific Polylactic Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Polylactic Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Polylactic Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Polylactic Forecasted Market Size by Region
7.2.1 Asia-Pacific Polylactic Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Polylactic Sales in Value by Region (2024-2029)
8 Latin America Polylactic by Country
8.1 Latin America Polylactic Historic Market Size by Country
8.1.1 Latin America Polylactic Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Polylactic Sales in Volume by Country (2018-2023)
8.1.3 Latin America Polylactic Sales in Value by Country (2018-2023)
8.2 Latin America Polylactic Forecasted Market Size by Country
8.2.1 Latin America Polylactic Sales in Volume by Country (2024-2029)
8.2.2 Latin America Polylactic Sales in Value by Country (2024-2029)
9 Middle East and Africa Polylactic by Country
9.1 Middle East and Africa Polylactic Historic Market Size by Country
9.1.1 Middle East and Africa Polylactic Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Polylactic Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Polylactic Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Polylactic Forecasted Market Size by Country
9.2.1 Middle East and Africa Polylactic Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Polylactic 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 Sales, Revenue and Gross Margin (2018-2023)
10.1.4 NatureWorks Polylactic Products Offered
10.1.5 NatureWorks Recent Development
10.2 Synbra Technology
10.2.1 Synbra Technology Company Information
10.2.2 Synbra Technology Introduction and Business Overview
10.2.3 Synbra Technology Polylactic Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Synbra Technology Polylactic Products Offered
10.2.5 Synbra Technology Recent Development
10.3 Teijin
10.3.1 Teijin Company Information
10.3.2 Teijin Introduction and Business Overview
10.3.3 Teijin Polylactic Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Teijin Polylactic Products Offered
10.3.5 Teijin Recent Development
10.4 Toray
10.4.1 Toray Company Information
10.4.2 Toray Introduction and Business Overview
10.4.3 Toray Polylactic Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Toray Polylactic Products Offered
10.4.5 Toray Recent Development
10.5 Futerro
10.5.1 Futerro Company Information
10.5.2 Futerro Introduction and Business Overview
10.5.3 Futerro Polylactic Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Futerro Polylactic Products Offered
10.5.5 Futerro Recent Development
10.6 Toyobo
10.6.1 Toyobo Company Information
10.6.2 Toyobo Introduction and Business Overview
10.6.3 Toyobo Polylactic Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Toyobo Polylactic Products Offered
10.6.5 Toyobo Recent Development
10.7 Sulzer
10.7.1 Sulzer Company Information
10.7.2 Sulzer Introduction and Business Overview
10.7.3 Sulzer Polylactic Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Sulzer Polylactic Products Offered
10.7.5 Sulzer Recent Development
10.8 Uhde Inventa-Fischer
10.8.1 Uhde Inventa-Fischer Company Information
10.8.2 Uhde Inventa-Fischer Introduction and Business Overview
10.8.3 Uhde Inventa-Fischer Polylactic Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Uhde Inventa-Fischer Polylactic Products Offered
10.8.5 Uhde Inventa-Fischer Recent Development
10.9 Hisun Biomaterials
10.9.1 Hisun Biomaterials Company Information
10.9.2 Hisun Biomaterials Introduction and Business Overview
10.9.3 Hisun Biomaterials Polylactic Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Hisun Biomaterials Polylactic Products Offered
10.9.5 Hisun Biomaterials 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 Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Shanghai Tongjieliang Polylactic Products Offered
10.10.5 Shanghai Tongjieliang Recent Development
10.11 Jiuding Biological Engineering
10.11.1 Jiuding Biological Engineering Company Information
10.11.2 Jiuding Biological Engineering Introduction and Business Overview
10.11.3 Jiuding Biological Engineering Polylactic Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Jiuding Biological Engineering Polylactic Products Offered
10.11.5 Jiuding Biological Engineering Recent Development
10.12 Shenzhen Esun Industrial
10.12.1 Shenzhen Esun Industrial Company Information
10.12.2 Shenzhen Esun Industrial Introduction and Business Overview
10.12.3 Shenzhen Esun Industrial Polylactic Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Shenzhen Esun Industrial Polylactic Products Offered
10.12.5 Shenzhen Esun Industrial Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Polylactic 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 Industrial Chain Analysis
11.4 Polylactic Market Dynamics
11.4.1 Polylactic Industry Trends
11.4.2 Polylactic Market Drivers
11.4.3 Polylactic Market Challenges
11.4.4 Polylactic Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Polylactic Distributors
12.3 Polylactic 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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