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Global Polylactic Acid (PLA) Market 2015-2019

Global Polylactic Acid (PLA) Market 2015-2019

About PLA

PLA is a lactic acid-based polymer and is biodegradable in nature. It is made from raw materials including corn, wheat, sugar cane, dextrose, lactic acid, and others. Basic raw materials are fermented to produce lactic acid, which is the key agent for developing PLA. The unique properties such as rigidity and transparency, and features similar to PET makes the material a potential substitute to petroleum-based plastics. The applications of PLA are mainly in the following industries: Biodegradable Polymers, Food and Beverages, Medical and Pharmaceuticals, and Personal Care.

TechNavio's analysts forecast the Global PLA market to grow at a CAGR of 19.97 percent over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the Global PLA market for the period 2015-2019. The report provides data on the market based on the following:

  • Application
  • Product Form
  • End-use
  • Geography
TechNavio's report, the Global PLA Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, the APAC region, Europe, and the ROW; it also covers the Global PLA market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.Key Regions
  • Americas
  • APAC
  • Europe
  • ROW
Key Vendors
  • BASF
  • Braschem
  • Eastman Chemicals
  • Natureworks
  • Nova Chemicals
  • Sinopec
Other Prominent Vendors
  • Bayer
  • Cargil
  • Danimer Scientific
  • E.I du Pont de Nemours
  • ExxonMobil
  • Futerro
  • Galactic
  • Henan Jindan Lactic Acid Technology
  • Mitsubishi Chemical
  • Phusis
  • PTT Chemicals
  • Purac Biochem
  • Sulzer Chemtec
  • Synbra
  • Teijin
  • The Dow Chemical
  • Uhde Inventa-Fischer
  • Wei Mon Industry
Market Driver
  • Growing End-User Applications
  • For a full, detailed list, view our report
Market Challenge
  • Price Competitiveness and Competition from Conventional Polymers
  • For a full, detailed list, view our report
Market Trend
  • Production of PLA from Lignocellulose Feedstock
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

TechNavio Announces the Publication of its Research Report – Global PLA Market 2015-2019

TechNavio recognizes the following companies as the key players in the Global PLA Market: BASF SE, Galactic SA, NatureWorks LLC, Purac biochem BV, Pyramid Bioplastics Guben GmbH and Synbra BV.

Other Prominent Vendors in the market are: Bayer, Cargil, Danimer Scientific, E.I du Pont de Nemours, Eastman Chemicals, ExxonMobil, Futerro, Galactic SA, Henan Jindan Lactic Acid Technology, Mitsubishi Chemicals, Phusis, PTT Chemicals, Purac Biochem, Sulzer Chemtec, Synbra BV, Teijin, The Dow Chemicals, Uhde Inventa-Fischer and Wei Mon Industry.

Commenting on the report, an analyst from TechNavio’s team said: “Production of Polylactic Acid (PLA) from lignocellulose feedstock is one of the major trends in the market, which offers a cost-effective and sustainable means of PLA production. Advances in technology and increased spending on R&D will facilitate market players to leverage this option.”

According to the report, one of the major drivers that is expected to influence the market is the increased consumer preferences towards eco-friendly packaging. With growing consumer awareness, more and more retail outlets have started adopting biodegradable materials for packaging.

Further, the report states that high production costs will prove to be a major challenge, as crude oil-based polymers are less expensive when compared to PLA. Higher cost of raw materials and restricted availability of feedstock along with higher production costs of PLA is expected to hamper the market growth.

Companies Mentioned

BASF, Braschem, Eastman Chemicals, Natureworks, Nova Chemicals, Sinopec , Bayer, Cargil, Danimer Scientific , E.I du Pont de Nemours , ExxonMobil, Futerro, Galactic, Henan Jindan Lactic Acid Technology, Mitsubishi Chemical, Phusis, PTTChemicals, Purac Biochem, Sulzer Chemtec, Synbra , Teijin , The Dow Chemical, Uhde Inventa-Fischer, Wei Mon Industry

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Landscape
    • Market Overview
      • Table Global PLA Market Overview
  • Global PLA Market
    • Market Size and Forecast by Revenue
      • Market Size and Forecast
        • Table Global PLA Market 2014-2019 (US$ billion)
    • Market Size and Forecast by Demand
      • Marker Size and Forecast
        • Table Global PLA Market 2014-2019 (million metric tons)
    • Market Size and Forecast by Production Capacity
      • Market Size and Forecast
        • Table Global PLA Market by Production Capacity 2014-2019 (million metric tons)
    • Five Forces Analysis
  • Market Segmentation by Application
    • Table Segmentation of Global PLA Market by Application
    • Global PLA Market by Application 2014
      • Table Segmentation of PLA Market by Application 2014
  • Market Segmentation by Product Form
    • Table Segmentation of Global PLA Market by Product Form
    • Global PLA Market by Product Form 2014
      • Table Global PLA Market by Product Form 2014
    • Global PLA Films and Sheets Market
      • Market Size and Forecast
        • Table Global PLA Films and Sheets Market 2014-2019 (US$ billion)
    • Global PLA Coatings Market
      • Market Size and Forecast
        • Table Global PLA Coatings Market 2014-2019 (US$ billion)
    • Global PLA Fibers Market
      • Market Size and Forecast
        • Table Global PLA Fibers Market 2014-2019 (US$ billion)
  • Market Segmentation by End-users
    • Segmentation of Global PLA Market by End-users 2014
      • Table Global PLA Market Segmentation by End-users 2014
    • Global PLA Market in Packaging Sector
      • Market Size and Forecast
        • Table Global PLA Market by Packaging Sector 2014-2019 (US$ billion)
    • Global PLA Market in Textile Industry
      • Market Size and Forecast
        • Table Global PLA Market by Textile Industry 2014-2019 (US$ billion)
    • Global PLA Market in Electronics Industry
      • Market Size and Forecast
        • Table Global PLA Market by Electronics Industry 2014-2019 (US$ billion)
    • Global PLA Market in Construction Sector
      • Market Size and Forecast
        • Table Global PLA Market by Construction Sector 2014-2019 (US$ billion)
  • Geographical Segmentation
    • Segmentation of Global PLA Market by Geography 2014
      • Table Segmentation of Global PLA Market by Geography 2014
    • PLA Market in Europe
      • Market Size and Forecast
        • Table PLA Market in Europe 2014-2019 (US$ billion)
    • PLA Market in Americas
      • Market Size and Forecast
        • Table PLA Market in Americas 2014-2019 (US$ billion)
    • PLA Market in APAC Region
      • Market Size and Forecast
        • Table PLA Market in APAC Region 2014-2019 (US$ billion)
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
    • Major Players 2014
      • Table Major Players in Global PLA Market 2014
    • Other Prominent Vendors
  • Key Vendor Analysis
    • BASF
      • Key Facts
      • Business Overview
      • Business/Product Segmentation
        • Table BASF: Business Segmentation 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table BASF: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
      • Geographical Segmentation by Revenue 2013
        • Table BASF: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Braskem
      • Key Facts
      • Business Overview
      • Business/Product Segmentation
      • SWOT Analysis
    • Eastman
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table Eastman: Business Segmentation 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Eastman: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table Eastman: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • NatureWorks
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table NatureWorks: Product Segmentation 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • NOVA Chemicals
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table NOVA Chemicals: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table NOVA Chemicals: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
      • Geographical Segmentation by Revenue 2013
        • Table NOVA Chemicals: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Sinopec
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Sinopec: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Sinopec: Business Segmentation by Revenue 2012 and 2013
      • Geographical Segmentation by Revenue 2013
        • Table Sinopec: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • SWOT Analysis
  • Other Reports in this Series

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