North America Polylactic Acid Market Forecast 2017-2025KEY FINDINGS
The North American polylactic acid market was estimated to be worth $814 million in the year 2016 and is expected to grow at an estimated CAGR of 19.56% for the forecast period of 2017-2025, generating $4037 million by the end of it.
Canada is expected to show the fastest growth over the forecast period in the North American region. The market is primarily segmented on the basis of the type of application and on the basis of the type of product. Factors such as increasing government support, growing environment related concerns, and profitable end-user applications are mainly responsible for driving the market growth
Futerro Sa, Natureworks LLC, Synbra Holding Bv, Biobent Polymers, Danimer Scientific, Green Dot Holdings Llc, BASF, Innovia Films etc are some of the leading market players in North America.