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Chemicals & Materials

Global (United States, European Union and China) Lactic Acid and Poly Lactic Acid (PLA) Market Research Report 2019-2025

Polylactide (PLA) is a biodegradable and bioactive thermoplastic aliphatic polyester derived from renewable resources, such as corn starch (in the United States and Canada), cassava roots, chips or starch (mostly in Asia), or sugarcane (in the rest of the world). In 2010, PLA had the second highest consumption volume of any bioplastic of the world.
The use of lactic acid in the manufacture of biodegradable plastics is one of the key growth factors of the lactic acid market. Rising environmental concerns due to dumping of plastics in landfills is promoting the use of bioplastics, which is indirectly benefitting the lactic acid market. Lactic acid is a carboxylic acid that is used across a host of end-use industries owing to its chemical properties. The increasing application of polylactic acid in the packaging industry is estimated to fuel growth of the polylactic acid market in the following years. The introduction of bio-based plastics and their increased usage in the food and beverage industry is expected to extend growth opportunities for the polylactic acid market in the near future. Polylactic is one of the most sought-after bioplastics and is an effective substitute to traditional petroleum-based plastics. Rising crude oil price are also estimated to drive the global PLA demand over the forecast period, owing to reduced dependency on traditional petroleum based products. North America is the largest market for global lactic acid & poly lactic acid market. Changing lifestyles along with rising consciousness regarding the enhancement of the overall personality of an individual in various countries including India, China, Malaysia, and Sri Lanka is expected to drive the global cosmetics market, which in turn is likely to spur growth.
In 2019, the market size of Lactic Acid and Poly Lactic Acid (PLA) is 700 million US$ and it will reach 2510 million US$ in 2025, growing at a CAGR of 20.1% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Lactic Acid and Poly Lactic Acid (PLA).

This report studies the global market size of Lactic Acid and Poly Lactic Acid (PLA), especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Lactic Acid and Poly Lactic Acid (PLA) production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.

In global market, the following companies are covered:
BASF
Danimer Scientific
Henan Jindan Lactic Acid Technology
Synbra Technology
Dow Chemical
Corbion
Natureworks
Teijin
Wei Mon Industry

Market Segment by Product Type
Lactic Acid
Poly Lactic Acid (PLA)

Market Segment by Application
Industrial
Personal Care
Packaging
Petroleum Based Products
Textiles

Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)

The study objectives are:
To analyze and research the Lactic Acid and Poly Lactic Acid (PLA) status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Lactic Acid and Poly Lactic Acid (PLA) manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

In this study, the years considered to estimate the market size of Lactic Acid and Poly Lactic Acid (PLA) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Table of Contents

1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global Lactic Acid and Poly Lactic Acid (PLA) Market Size Growth Rate by Type (2019-2025)
1.3.2 Lactic Acid
1.3.3 Poly Lactic Acid (PLA)
1.4 Market Segment by Application
1.4.1 Global Lactic Acid and Poly Lactic Acid (PLA) Market Share by Application (2019-2025)
1.4.2 Industrial
1.4.3 Personal Care
1.4.4 Packaging
1.4.5 Petroleum Based Products
1.4.6 Textiles
1.5 Study Objectives
1.6 Years Considered

2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global Lactic Acid and Poly Lactic Acid (PLA) Production Value 2014-2025
2.1.2 Global Lactic Acid and Poly Lactic Acid (PLA) Production 2014-2025
2.1.3 Global Lactic Acid and Poly Lactic Acid (PLA) Capacity 2014-2025
2.1.4 Global Lactic Acid and Poly Lactic Acid (PLA) Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2019-2025
2.2.1 Global Lactic Acid and Poly Lactic Acid (PLA) Market Size CAGR of Key Regions
2.2.2 Global Lactic Acid and Poly Lactic Acid (PLA) Market Share of Key Regions
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers

3 Market Share by Manufacturers
3.1 Capacity and Production by Manufacturers
3.1.1 Global Lactic Acid and Poly Lactic Acid (PLA) Capacity by Manufacturers
3.1.2 Global Lactic Acid and Poly Lactic Acid (PLA) Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 Lactic Acid and Poly Lactic Acid (PLA) Revenue by Manufacturers (2014-2019)
3.2.2 Lactic Acid and Poly Lactic Acid (PLA) Revenue Share by Manufacturers (2014-2019)
3.2.3 Global Lactic Acid and Poly Lactic Acid (PLA) Market Concentration Ratio (CR5 and HHI)
3.3 Lactic Acid and Poly Lactic Acid (PLA) Price by Manufacturers
3.4 Key Manufacturers Lactic Acid and Poly Lactic Acid (PLA) Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into Lactic Acid and Poly Lactic Acid (PLA) Market
3.6 Key Manufacturers Lactic Acid and Poly Lactic Acid (PLA) Product Offered
3.7 Mergers & Acquisitions, Expansion Plans

4 Market Size by Type
4.1 Production and Production Value for Each Type
4.1.1 Lactic Acid Production and Production Value (2014-2019)
4.1.2 Poly Lactic Acid (PLA) Production and Production Value (2014-2019)
4.2 Global Lactic Acid and Poly Lactic Acid (PLA) Production Market Share by Type
4.3 Global Lactic Acid and Poly Lactic Acid (PLA) Production Value Market Share by Type
4.4 Lactic Acid and Poly Lactic Acid (PLA) Ex-factory Price by Type

5 Market Size by Application
5.1 Overview
5.2 Global Lactic Acid and Poly Lactic Acid (PLA) Consumption by Application

6 Production by Regions
6.1 Global Lactic Acid and Poly Lactic Acid (PLA) Production (History Data) by Regions 2014-2019
6.2 Global Lactic Acid and Poly Lactic Acid (PLA) Production Value (History Data) by Regions
6.3 United States
6.3.1 United States Lactic Acid and Poly Lactic Acid (PLA) Production Growth Rate 2014-2019
6.3.2 United States Lactic Acid and Poly Lactic Acid (PLA) Production Value Growth Rate 2014-2019
6.3.3 Key Players in United States
6.3.4 United States Lactic Acid and Poly Lactic Acid (PLA) Import & Export
6.4 European Union
6.4.1 European Union Lactic Acid and Poly Lactic Acid (PLA) Production Growth Rate 2014-2019
6.4.2 European Union Lactic Acid and Poly Lactic Acid (PLA) Production Value Growth Rate 2014-2019
6.4.3 Key Players in European Union
6.4.4 European Union Lactic Acid and Poly Lactic Acid (PLA) Import & Export
6.5 China
6.5.1 China Lactic Acid and Poly Lactic Acid (PLA) Production Growth Rate 2014-2019
6.5.2 China Lactic Acid and Poly Lactic Acid (PLA) Production Value Growth Rate 2014-2019
6.5.3 Key Players in China
6.5.4 China Lactic Acid and Poly Lactic Acid (PLA) Import & Export
6.6 Rest of World
6.6.1 Japan
6.6.2 Korea
6.6.3 India
6.6.4 Southeast Asia

7 Lactic Acid and Poly Lactic Acid (PLA) Consumption by Regions
7.1 Global Lactic Acid and Poly Lactic Acid (PLA) Consumption (History Data) by Regions
7.2 United States
7.2.1 United States Lactic Acid and Poly Lactic Acid (PLA) Consumption by Type
7.2.2 United States Lactic Acid and Poly Lactic Acid (PLA) Consumption by Application
7.3 European Union
7.3.1 European Union Lactic Acid and Poly Lactic Acid (PLA) Consumption by Type
7.3.2 European Union Lactic Acid and Poly Lactic Acid (PLA) Consumption by Application
7.4 China
7.4.1 China Lactic Acid and Poly Lactic Acid (PLA) Consumption by Type
7.4.2 China Lactic Acid and Poly Lactic Acid (PLA) Consumption by Application
7.5 Rest of World
7.5.1 Rest of World Lactic Acid and Poly Lactic Acid (PLA) Consumption by Type
7.5.2 Rest of World Lactic Acid and Poly Lactic Acid (PLA) Consumption by Application
7.5.1 Japan
7.5.2 Korea
7.5.3 India
7.5.4 Southeast Asia

8 Company Profiles
8.1 BASF
8.1.1 BASF Company Details
8.1.2 Company Description and Business Overview
8.1.3 Production and Revenue of Lactic Acid and Poly Lactic Acid (PLA)
8.1.4 Lactic Acid and Poly Lactic Acid (PLA) Product Introduction
8.1.5 BASF Recent Development
8.2 Danimer Scientific
8.2.1 Danimer Scientific Company Details
8.2.2 Company Description and Business Overview
8.2.3 Production and Revenue of Lactic Acid and Poly Lactic Acid (PLA)
8.2.4 Lactic Acid and Poly Lactic Acid (PLA) Product Introduction
8.2.5 Danimer Scientific Recent Development
8.3 Henan Jindan Lactic Acid Technology
8.3.1 Henan Jindan Lactic Acid Technology Company Details
8.3.2 Company Description and Business Overview
8.3.3 Production and Revenue of Lactic Acid and Poly Lactic Acid (PLA)
8.3.4 Lactic Acid and Poly Lactic Acid (PLA) Product Introduction
8.3.5 Henan Jindan Lactic Acid Technology Recent Development
8.4 Synbra Technology
8.4.1 Synbra Technology Company Details
8.4.2 Company Description and Business Overview
8.4.3 Production and Revenue of Lactic Acid and Poly Lactic Acid (PLA)
8.4.4 Lactic Acid and Poly Lactic Acid (PLA) Product Introduction
8.4.5 Synbra Technology Recent Development
8.5 Dow Chemical
8.5.1 Dow Chemical Company Details
8.5.2 Company Description and Business Overview
8.5.3 Production and Revenue of Lactic Acid and Poly Lactic Acid (PLA)
8.5.4 Lactic Acid and Poly Lactic Acid (PLA) Product Introduction
8.5.5 Dow Chemical Recent Development
8.6 Corbion
8.6.1 Corbion Company Details
8.6.2 Company Description and Business Overview
8.6.3 Production and Revenue of Lactic Acid and Poly Lactic Acid (PLA)
8.6.4 Lactic Acid and Poly Lactic Acid (PLA) Product Introduction
8.6.5 Corbion Recent Development
8.7 Natureworks
8.7.1 Natureworks Company Details
8.7.2 Company Description and Business Overview
8.7.3 Production and Revenue of Lactic Acid and Poly Lactic Acid (PLA)
8.7.4 Lactic Acid and Poly Lactic Acid (PLA) Product Introduction
8.7.5 Natureworks Recent Development
8.8 Teijin
8.8.1 Teijin Company Details
8.8.2 Company Description and Business Overview
8.8.3 Production and Revenue of Lactic Acid and Poly Lactic Acid (PLA)
8.8.4 Lactic Acid and Poly Lactic Acid (PLA) Product Introduction
8.8.5 Teijin Recent Development
8.9 Wei Mon Industry
8.9.1 Wei Mon Industry Company Details
8.9.2 Company Description and Business Overview
8.9.3 Production and Revenue of Lactic Acid and Poly Lactic Acid (PLA)
8.9.4 Lactic Acid and Poly Lactic Acid (PLA) Product Introduction
8.9.5 Wei Mon Industry Recent Development

9 Market Forecast
9.1 Global Market Size Forecast
9.1.1 Global Lactic Acid and Poly Lactic Acid (PLA) Capacity, Production Forecast 2019-2025
9.1.2 Global Lactic Acid and Poly Lactic Acid (PLA) Production Value Forecast 2019-2025
9.2 Market Forecast by Regions
9.2.1 Global Lactic Acid and Poly Lactic Acid (PLA) Production and Value Forecast by Regions 2019-2025
9.2.2 Global Lactic Acid and Poly Lactic Acid (PLA) Consumption Forecast by Regions 2019-2025
9.3 United States
9.3.1 Production and Value Forecast in United States
9.3.2 Consumption Forecast in United States
9.4 European Union
9.4.1 Production and Value Forecast in European Union
9.4.2 Consumption Forecast in European Union
9.5 China
9.5.1 Production and Value Forecast in China
9.5.2 Consumption Forecast in China
9.6 Rest of World
9.6.1 Japan
9.6.2 Korea
9.6.3 India
9.6.4 Southeast Asia
9.7 Forecast by Type
9.7.1 Global Lactic Acid and Poly Lactic Acid (PLA) Production Forecast by Type
9.7.2 Global Lactic Acid and Poly Lactic Acid (PLA) Production Value Forecast by Type
9.8 Consumption Forecast by Application

10 Value Chain and Sales Channels Analysis
10.1 Value Chain Analysis
10.2 Sales Channels Analysis
10.2.1 Lactic Acid and Poly Lactic Acid (PLA) Sales Channels
10.2.2 Lactic Acid and Poly Lactic Acid (PLA) Distributors
10.3 Lactic Acid and Poly Lactic Acid (PLA) Customers

11 Opportunities & Challenges, Threat and Affecting Factors
11.1 Market Opportunities
11.2 Market Challenges
11.3 Porter''s Five Forces Analysis

12 Key Findings

13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
  • FORMAT: PDF
  • PUBLISHED DATE: Aug, 2019
  • NO OF PAGES: 116