
North America Polylactic Acid (PLA) Market Report and Forecast 2025-2034
Description
The North America polylactic acid (PLA) market size was valued at USD 438.67 Million in 2024. The market is further projected to grow at a CAGR of 13.60% between 2025 and 2034, reaching a value of USD 1570.08 Million by 2034.
In Canada, around 3.3 million tonnes of plastic waste is produced annually, a majority of which end up in landfills, significantly impacting the environment. According to the Government, if current trends continue, by 2050, the ocean may reach a 1:1 weight ratio of plastic to fish. Environmental concerns are a crucial driver for the implementation of bioplastic and provide an opportunity for the North America polylactic acid (PLA) market development. Further, in 2023, the government of the United States set a goal to replace 90% of plastics with biomaterials within the next 20 years, providing an opportunity for PLA.
As per the North America polylactic acid (PLA) market report, corn is the largest United States crop in terms of total production, the majority of which is grown in the Corn Belt. For polylactic acid producers, corn is the most readily available and cost-effective raw material due to government corn subsidies and a large high-fructose corn syrup market in the United States of America. Manufacturers are also constantly seeking other sources of starch to produce PLA that grow quickly with minimal water and fertiliser. By using organically produced raw materials, market players can enhance the sustainability of the polylactic acid market.
Market Segmentation
North America Polylactic Acid (PLA) Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments.
Market Breakup by Raw Material:
Sugarcane
Corn
Cassava
Sugar Beet
Others
Market Breakup by Grade:
Thermoforming
Injection Moulding
Extrusion
Blow Moulding
Others
Market Breakup by Application:
Rigid Thermoforms
Films and Sheets
Bottles
Others
Market Breakup by End Use:
Packaging
Consumer Goods
Agriculture
Textile
Biomedical
Others
Market Breakup by Country:
United States of America
Canada
Competitive Landscape
The key players in the polylactic acid (PLA) market in North America are researching to produce high-quality polylactic acid (PLA) products to meet the needs of end-user markets.
NatureWorks LLC
TotalEnergies SE
FUTERRO S.A.
BASF SE
Jiangxi Keyuan Bio-Material Co., Ltd.
Jilin COFCO Biomaterial Co., Ltd.
China BBCA Group
Unitika Ltd
Others
In Canada, around 3.3 million tonnes of plastic waste is produced annually, a majority of which end up in landfills, significantly impacting the environment. According to the Government, if current trends continue, by 2050, the ocean may reach a 1:1 weight ratio of plastic to fish. Environmental concerns are a crucial driver for the implementation of bioplastic and provide an opportunity for the North America polylactic acid (PLA) market development. Further, in 2023, the government of the United States set a goal to replace 90% of plastics with biomaterials within the next 20 years, providing an opportunity for PLA.
As per the North America polylactic acid (PLA) market report, corn is the largest United States crop in terms of total production, the majority of which is grown in the Corn Belt. For polylactic acid producers, corn is the most readily available and cost-effective raw material due to government corn subsidies and a large high-fructose corn syrup market in the United States of America. Manufacturers are also constantly seeking other sources of starch to produce PLA that grow quickly with minimal water and fertiliser. By using organically produced raw materials, market players can enhance the sustainability of the polylactic acid market.
Market Segmentation
North America Polylactic Acid (PLA) Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments.
Market Breakup by Raw Material:
Sugarcane
Corn
Cassava
Sugar Beet
Others
Market Breakup by Grade:
Thermoforming
Injection Moulding
Extrusion
Blow Moulding
Others
Market Breakup by Application:
Rigid Thermoforms
Films and Sheets
Bottles
Others
Market Breakup by End Use:
Packaging
Consumer Goods
Agriculture
Textile
Biomedical
Others
Market Breakup by Country:
United States of America
Canada
Competitive Landscape
The key players in the polylactic acid (PLA) market in North America are researching to produce high-quality polylactic acid (PLA) products to meet the needs of end-user markets.
NatureWorks LLC
TotalEnergies SE
FUTERRO S.A.
BASF SE
Jiangxi Keyuan Bio-Material Co., Ltd.
Jilin COFCO Biomaterial Co., Ltd.
China BBCA Group
Unitika Ltd
Others
Table of Contents
102 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Countries
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Polylactic Acid (PLA) Market Overview
- 5.1 Key Industry Highlights
- 5.2 Global Polylactic Acid (PLA) Historical Market (2018-2024)
- 5.3 Global Polylactic Acid (PLA) Market Forecast (2025-2034)
- 5.4 Global Polylactic Acid (PLA) Market Share by Region
- 5.4.1 North America
- 5.4.2 Europe
- 5.4.3 Asia Pacific
- 5.4.4 Latin America
- 5.4.5 Middle East and Africa
- 6 North America Polylactic Acid (PLA) Market Overview
- 6.1 Key Industry Highlights
- 6.2 North America Polylactic Acid (PLA) Historical Market (2018-2024)
- 6.3 North America Polylactic Acid (PLA) Market Forecast (2025-2034)
- 7 North America Polylactic Acid (PLA) Market by Raw Material
- 7.1 Sugarcane
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Corn
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Cassava
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Sugar Beet
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Others
- 8 North America Polylactic Acid (PLA) Market by Grade
- 8.1 Thermoforming
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Injection Moulding
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Extrusion
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 Blow Moulding
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 8.5 Others
- 9 North America Polylactic Acid (PLA) Market by Application
- 9.1 Rigid Thermoforms
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Films and Sheets
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Bottles
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Others
- 10 North America Polylactic Acid (PLA) Market by End Use
- 10.1 Packaging
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Consumer Goods
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Agriculture
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 Textile
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Biomedical
- 10.5.1 Historical Trend (2018-2024)
- 10.5.2 Forecast Trend (2025-2034)
- 10.6 Others
- 11 North America Polylactic Acid (PLA) Market by Country
- 11.1 United States of America
- 11.1.1 Historical Trend (2018-2024)
- 11.1.2 Forecast Trend (2025-2034)
- 11.2 Canada
- 11.2.1 Historical Trend (2018-2024)
- 11.2.2 Forecast Trend (2025-2034)
- 12 Market Dynamics
- 12.1 SWOT Analysis
- 12.1.1 Strengths
- 12.1.2 Weaknesses
- 12.1.3 Opportunities
- 12.1.4 Threats
- 12.2 Porter’s Five Forces Analysis
- 12.2.1 Supplier’s Power
- 12.2.2 Buyer’s Power
- 12.2.3 Threat of New Entrants
- 12.2.4 Degree of Rivalry
- 12.2.5 Threat of Substitutes
- 12.3 Key Indicators of Demand
- 12.4 Key Indicators of Price
- 13 Trade Data Analysis (HS Code – 39770)
- 13.1 Major Importing Countries
- 13.1.1 By Volume
- 13.1.2 By Value
- 13.2 Major Exporting Countries
- 13.2.1 By Volume
- 13.2.2 By Value
- 14 Price Analysis
- 15 Competitive Landscape
- 15.1 Supplier Selection
- 15.2 Key Global Players
- 15.3 Key Regional Players
- 15.4 Key Player Strategies
- 15.5 Company Profiles
- 15.5.1 NatureWorks LLC
- 15.5.1.1 Company Overview
- 15.5.1.2 Product Portfolio
- 15.5.1.3 Demographic Reach and Achievements
- 15.5.1.4 Certifications
- 15.5.2 TotalEnergies SE
- 15.5.2.1 Company Overview
- 15.5.2.2 Product Portfolio
- 15.5.2.3 Demographic Reach and Achievements
- 15.5.2.4 Certifications
- 15.5.3 FUTERRO S.A.
- 15.5.3.1 Company Overview
- 15.5.3.2 Product Portfolio
- 15.5.3.3 Demographic Reach and Achievements
- 15.5.3.4 Certifications
- 15.5.4 BASF SE
- 15.5.4.1 Company Overview
- 15.5.4.2 Product Portfolio
- 15.5.4.3 Demographic Reach and Achievements
- 15.5.4.4 Certifications
- 15.5.5 Jiangxi Keyuan Bio-Material Co., Ltd.
- 15.5.5.1 Company Overview
- 15.5.5.2 Product Portfolio
- 15.5.5.3 Demographic Reach and Achievements
- 15.5.5.4 Certifications
- 15.5.6 Jilin COFCO Biomaterial Co., Ltd.
- 15.5.6.1 Company Overview
- 15.5.6.2 Product Portfolio
- 15.5.6.3 Demographic Reach and Achievements
- 15.5.6.4 Certifications
- 15.5.7 China BBCA Group
- 15.5.7.1 Company Overview
- 15.5.7.2 Product Portfolio
- 15.5.7.3 Demographic Reach and Achievements
- 15.5.7.4 Certifications
- 15.5.8 Unitika Ltd
- 15.5.8.1 Company Overview
- 15.5.8.2 Product Portfolio
- 15.5.8.3 Demographic Reach and Achievements
- 15.5.8.4 Certifications
- 15.5.9 Others
Pricing
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