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1Global Poly-lactic Acid (PLA) Market Industry
Trends and Forecast to 2026
Global Poly-lactic Acid (PLA) Market By Raw
Material (Corn, Cassava, Sugarcane Sugar Beet,
Others), Form (Fiber, Films Sheets, Coatings,
Others), Application (Packaging, Agriculture,
Transport, Medical, Electronics, Textiles,
Others), Geography (North America, Europe,
Asia-Pacific, South America, Middle East and
Africa) Industry Trends and Forecast to 2026
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2Report Description
Global poly-lactic acid (PLA) market is expected
to rise to an estimated value of USD 4283.25
million by 2026, registering a healthy CAGR in
the forecast period of 2019-2026. Poly-lactic
acid is a type of renewable plastic sourced from
biodegradable raw materials such as corn,
sugarcane, sugar beet and cassava. This
bioplastic is produced from crystallization of
lactic acid found in various plant sources.
Poly-lactic acid finds its application in a
number of end-use industries such as packaging,
cosmetics personal care, agriculture, textiles,
medical, automotive and electronics among others.
3Major Key Players
- Some of the major players operating in this
market are - Total Corbion PLA
- Synbra Technology bv
- Hitachi, Ltd.
- Sulzer Ltd
- TOYOBO CO., LTD.
- Mitsubishi Chemical Corporation
- Dow
- TORAY INDUSTRIES
- weforyou GmbH
- Merck KGaA
- Musashino Chemical Laboratory
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4Market Segmentation
- By Raw Material (Corn, Cassava, Sugarcane Sugar
Beet, Others) - By Form (Fiber, Films Sheets, Coatings, Others)
- By Application (Packaging, Agriculture,
Transport, Medical, Electronics, Textiles,
Others) - By Geography (North America, Europe,
Asia-Pacific, South America, Middle East and
Africa)
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5Regional Analysis
- Based on geography, the market is segmented into
five geographical regions - North America
- Europe
- Asia-Pacific
- South America
- Middle East
- Africa
6About Data Bridge Market Research
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