Lactic Acid & Poly Lactic Acid (PLA) Market, Global Outlook and Forecast 2024-2030
Report ID
48399
Publisher
Market Monitor Global
Published Date
07-Feb
Delivery Format
PDF
No of Report Page
120
Editor's Rating
US $3,250.00
US $4,225.00
US $4,875.00
  • Report Details 
    This research report provides a comprehensive analysis of the Lactic Acid & Poly Lactic Acid (PLA) market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Lactic Acid & Poly Lactic Acid (PLA) market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Lactic Acid & Poly Lactic Acid (PLA), challenges faced by the industry, and potential opportunities for market players.
The global Lactic Acid & Poly Lactic Acid (PLA) market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Lactic Acid & Poly Lactic Acid (PLA) market presents opportunities for various stakeholders, including Biodegradable Polymers, Food And Beverages. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Lactic Acid & Poly Lactic Acid (PLA) market. Additionally, the growing consumer demand present avenues for market expansion.
The global Lactic Acid & Poly Lactic Acid (PLA) market was valued at US$ 1382.7 million in 2023 and is projected to reach US$ 1809.4 million by 2030, at a CAGR of 4.0% during the forecast period.
Key Features:
The research report on the Lactic Acid & Poly Lactic Acid (PLA) market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.
Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Lactic Acid & Poly Lactic Acid (PLA) market.
Market Overview: The report provides a comprehensive overview of the Lactic Acid & Poly Lactic Acid (PLA) market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Food Grade, Pharmaceutical Grade), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
Market Dynamics: The report analyses the market dynamics driving the growth and development of the Lactic Acid & Poly Lactic Acid (PLA) market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Lactic Acid & Poly Lactic Acid (PLA) market's trajectory.
Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Lactic Acid & Poly Lactic Acid (PLA) market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments. 
Market Segmentation and Forecast: The report segment the Lactic Acid & Poly Lactic Acid (PLA) market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
Technological Trends: The report should highlight the key technological trends shaping the Lactic Acid & Poly Lactic Acid (PLA) market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Lactic Acid & Poly Lactic Acid (PLA) market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Lactic Acid & Poly Lactic Acid (PLA), including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Lactic Acid & Poly Lactic Acid (PLA) market.
Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.
Market Segmentation
Lactic Acid & Poly Lactic Acid (PLA) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
    Food Grade
    Pharmaceutical Grade
    Cosmetic Grade
Market segment by Application
    Biodegradable Polymers
    Food And Beverages
    Pharmaceuticals
    Personal Care Product
    Other Applications
Global Lactic Acid & Poly Lactic Acid (PLA) Market Segment Percentages, By Region and Country, 2023 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Major players covered
    BASF SE
    Danimer Scientific LLC
    Henan Jindan Lactic Acid Technology Co., Ltd.
    Synbra Technology B.V.
    The Dow Chemical Company
    Corbion Purac
    Galactic S.A
    Natureworks LLC
    Teijin Ltd
    Wei Mon Industry Co., Ltd
Outline of Major Chapters:
Chapter 1: Introduces the definition of Lactic Acid & Poly Lactic Acid (PLA), market overview.
Chapter 2: Global Lactic Acid & Poly Lactic Acid (PLA) market size in revenue and volume.
Chapter 3: Detailed analysis of Lactic Acid & Poly Lactic Acid (PLA) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Lactic Acid & Poly Lactic Acid (PLA) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Lactic Acid & Poly Lactic Acid (PLA) capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
  • Table Of Content 
    1 Introduction to Research & Analysis Reports
    1.1 Lactic Acid & Poly Lactic Acid (PLA) Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Lactic Acid & Poly Lactic Acid (PLA) Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Lactic Acid & Poly Lactic Acid (PLA) Overall Market Size
    2.1 Global Lactic Acid & Poly Lactic Acid (PLA) Market Size: 2023 VS 2030
    2.2 Global Lactic Acid & Poly Lactic Acid (PLA) Revenue, Prospects & Forecasts: 2019-2030
    2.3 Global Lactic Acid & Poly Lactic Acid (PLA) Sales: 2019-2030
3 Company Landscape
    3.1 Top Lactic Acid & Poly Lactic Acid (PLA) Players in Global Market
    3.2 Top Global Lactic Acid & Poly Lactic Acid (PLA) Companies Ranked by Revenue
    3.3 Global Lactic Acid & Poly Lactic Acid (PLA) Revenue by Companies
    3.4 Global Lactic Acid & Poly Lactic Acid (PLA) Sales by Companies
    3.5 Global Lactic Acid & Poly Lactic Acid (PLA) Price by Manufacturer (2019-2024)
    3.6 Top 3 and Top 5 Lactic Acid & Poly Lactic Acid (PLA) Companies in Global Market, by Revenue in 2023
    3.7 Global Manufacturers Lactic Acid & Poly Lactic Acid (PLA) Product Type
    3.8 Tier 1, Tier 2 and Tier 3 Lactic Acid & Poly Lactic Acid (PLA) Players in Global Market
        3.8.1 List of Global Tier 1 Lactic Acid & Poly Lactic Acid (PLA) Companies
        3.8.2 List of Global Tier 2 and Tier 3 Lactic Acid & Poly Lactic Acid (PLA) Companies
4 Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Lactic Acid & Poly Lactic Acid (PLA) Market Size Markets, 2023 & 2030
        4.1.2 Food Grade
        4.1.3 Pharmaceutical Grade
        4.1.4 Cosmetic Grade
    4.2 By Type - Global Lactic Acid & Poly Lactic Acid (PLA) Revenue & Forecasts
        4.2.1 By Type - Global Lactic Acid & Poly Lactic Acid (PLA) Revenue, 2019-2024
        4.2.2 By Type - Global Lactic Acid & Poly Lactic Acid (PLA) Revenue, 2025-2030
        4.2.3 By Type - Global Lactic Acid & Poly Lactic Acid (PLA) Revenue Market Share, 2019-2030
    4.3 By Type - Global Lactic Acid & Poly Lactic Acid (PLA) Sales & Forecasts
        4.3.1 By Type - Global Lactic Acid & Poly Lactic Acid (PLA) Sales, 2019-2024
        4.3.2 By Type - Global Lactic Acid & Poly Lactic Acid (PLA) Sales, 2025-2030
        4.3.3 By Type - Global Lactic Acid & Poly Lactic Acid (PLA) Sales Market Share, 2019-2030
    4.4 By Type - Global Lactic Acid & Poly Lactic Acid (PLA) Price (Manufacturers Selling Prices), 2019-2030
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2023 & 2030
        5.1.2 Biodegradable Polymers
        5.1.3 Food And Beverages
        5.1.4 Pharmaceuticals
        5.1.5 Personal Care Product
        5.1.6 Other Applications
    5.2 By Application - Global Lactic Acid & Poly Lactic Acid (PLA) Revenue & Forecasts
        5.2.1 By Application - Global Lactic Acid & Poly Lactic Acid (PLA) Revenue, 2019-2024
        5.2.2 By Application - Global Lactic Acid & Poly Lactic Acid (PLA) Revenue, 2025-2030
        5.2.3 By Application - Global Lactic Acid & Poly Lactic Acid (PLA) Revenue Market Share, 2019-2030
    5.3 By Application - Global Lactic Acid & Poly Lactic Acid (PLA) Sales & Forecasts
        5.3.1 By Application - Global Lactic Acid & Poly Lactic Acid (PLA) Sales, 2019-2024
        5.3.2 By Application - Global Lactic Acid & Poly Lactic Acid (PLA) Sales, 2025-2030
        5.3.3 By Application - Global Lactic Acid & Poly Lactic Acid (PLA) Sales Market Share, 2019-2030
    5.4 By Application - Global Lactic Acid & Poly Lactic Acid (PLA) Price (Manufacturers Selling Prices), 2019-2030
6 Sights by Region
    6.1 By Region - Global Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2023 & 2030
    6.2 By Region - Global Lactic Acid & Poly Lactic Acid (PLA) Revenue & Forecasts
        6.2.1 By Region - Global Lactic Acid & Poly Lactic Acid (PLA) Revenue, 2019-2024
        6.2.2 By Region - Global Lactic Acid & Poly Lactic Acid (PLA) Revenue, 2025-2030
        6.2.3 By Region - Global Lactic Acid & Poly Lactic Acid (PLA) Revenue Market Share, 2019-2030
    6.3 By Region - Global Lactic Acid & Poly Lactic Acid (PLA) Sales & Forecasts
        6.3.1 By Region - Global Lactic Acid & Poly Lactic Acid (PLA) Sales, 2019-2024
        6.3.2 By Region - Global Lactic Acid & Poly Lactic Acid (PLA) Sales, 2025-2030
        6.3.3 By Region - Global Lactic Acid & Poly Lactic Acid (PLA) Sales Market Share, 2019-2030
    6.4 North America
        6.4.1 By Country - North America Lactic Acid & Poly Lactic Acid (PLA) Revenue, 2019-2030
        6.4.2 By Country - North America Lactic Acid & Poly Lactic Acid (PLA) Sales, 2019-2030
        6.4.3 US Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2019-2030
        6.4.4 Canada Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2019-2030
        6.4.5 Mexico Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2019-2030
    6.5 Europe
        6.5.1 By Country - Europe Lactic Acid & Poly Lactic Acid (PLA) Revenue, 2019-2030
        6.5.2 By Country - Europe Lactic Acid & Poly Lactic Acid (PLA) Sales, 2019-2030
        6.5.3 Germany Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2019-2030
        6.5.4 France Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2019-2030
        6.5.5 U.K. Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2019-2030
        6.5.6 Italy Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2019-2030
        6.5.7 Russia Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2019-2030
        6.5.8 Nordic Countries Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2019-2030
        6.5.9 Benelux Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2019-2030
    6.6 Asia
        6.6.1 By Region - Asia Lactic Acid & Poly Lactic Acid (PLA) Revenue, 2019-2030
        6.6.2 By Region - Asia Lactic Acid & Poly Lactic Acid (PLA) Sales, 2019-2030
        6.6.3 China Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2019-2030
        6.6.4 Japan Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2019-2030
        6.6.5 South Korea Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2019-2030
        6.6.6 Southeast Asia Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2019-2030
        6.6.7 India Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2019-2030
    6.7 South America
        6.7.1 By Country - South America Lactic Acid & Poly Lactic Acid (PLA) Revenue, 2019-2030
        6.7.2 By Country - South America Lactic Acid & Poly Lactic Acid (PLA) Sales, 2019-2030
        6.7.3 Brazil Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2019-2030
        6.7.4 Argentina Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2019-2030
    6.8 Middle East & Africa
        6.8.1 By Country - Middle East & Africa Lactic Acid & Poly Lactic Acid (PLA) Revenue, 2019-2030
        6.8.2 By Country - Middle East & Africa Lactic Acid & Poly Lactic Acid (PLA) Sales, 2019-2030
        6.8.3 Turkey Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2019-2030
        6.8.4 Israel Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2019-2030
        6.8.5 Saudi Arabia Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2019-2030
        6.8.6 UAE Lactic Acid & Poly Lactic Acid (PLA) Market Size, 2019-2030
7 Manufacturers & Brands Profiles
    7.1 BASF SE
        7.1.1 BASF SE Company Summary
        7.1.2 BASF SE Business Overview
        7.1.3 BASF SE Lactic Acid & Poly Lactic Acid (PLA) Major Product Offerings
        7.1.4 BASF SE Lactic Acid & Poly Lactic Acid (PLA) Sales and Revenue in Global (2019-2024)
        7.1.5 BASF SE Key News & Latest Developments
    7.2 Danimer Scientific LLC
        7.2.1 Danimer Scientific LLC Company Summary
        7.2.2 Danimer Scientific LLC Business Overview
        7.2.3 Danimer Scientific LLC Lactic Acid & Poly Lactic Acid (PLA) Major Product Offerings
        7.2.4 Danimer Scientific LLC Lactic Acid & Poly Lactic Acid (PLA) Sales and Revenue in Global (2019-2024)
        7.2.5 Danimer Scientific LLC Key News & Latest Developments
    7.3 Henan Jindan Lactic Acid Technology Co., Ltd.
        7.3.1 Henan Jindan Lactic Acid Technology Co., Ltd. Company Summary
        7.3.2 Henan Jindan Lactic Acid Technology Co., Ltd. Business Overview
        7.3.3 Henan Jindan Lactic Acid Technology Co., Ltd. Lactic Acid & Poly Lactic Acid (PLA) Major Product Offerings
        7.3.4 Henan Jindan Lactic Acid Technology Co., Ltd. Lactic Acid & Poly Lactic Acid (PLA) Sales and Revenue in Global (2019-2024)
        7.3.5 Henan Jindan Lactic Acid Technology Co., Ltd. Key News & Latest Developments
    7.4 Synbra Technology B.V.
        7.4.1 Synbra Technology B.V. Company Summary
        7.4.2 Synbra Technology B.V. Business Overview
        7.4.3 Synbra Technology B.V. Lactic Acid & Poly Lactic Acid (PLA) Major Product Offerings
        7.4.4 Synbra Technology B.V. Lactic Acid & Poly Lactic Acid (PLA) Sales and Revenue in Global (2019-2024)
        7.4.5 Synbra Technology B.V. Key News & Latest Developments
    7.5 The Dow Chemical Company
        7.5.1 The Dow Chemical Company Company Summary
        7.5.2 The Dow Chemical Company Business Overview
        7.5.3 The Dow Chemical Company Lactic Acid & Poly Lactic Acid (PLA) Major Product Offerings
        7.5.4 The Dow Chemical Company Lactic Acid & Poly Lactic Acid (PLA) Sales and Revenue in Global (2019-2024)
        7.5.5 The Dow Chemical Company Key News & Latest Developments
    7.6 Corbion Purac
        7.6.1 Corbion Purac Company Summary
        7.6.2 Corbion Purac Business Overview
        7.6.3 Corbion Purac Lactic Acid & Poly Lactic Acid (PLA) Major Product Offerings
        7.6.4 Corbion Purac Lactic Acid & Poly Lactic Acid (PLA) Sales and Revenue in Global (2019-2024)
        7.6.5 Corbion Purac Key News & Latest Developments
    7.7 Galactic S.A
        7.7.1 Galactic S.A Company Summary
        7.7.2 Galactic S.A Business Overview
        7.7.3 Galactic S.A Lactic Acid & Poly Lactic Acid (PLA) Major Product Offerings
        7.7.4 Galactic S.A Lactic Acid & Poly Lactic Acid (PLA) Sales and Revenue in Global (2019-2024)
        7.7.5 Galactic S.A Key News & Latest Developments
    7.8 Natureworks LLC
        7.8.1 Natureworks LLC Company Summary
        7.8.2 Natureworks LLC Business Overview
        7.8.3 Natureworks LLC Lactic Acid & Poly Lactic Acid (PLA) Major Product Offerings
        7.8.4 Natureworks LLC Lactic Acid & Poly Lactic Acid (PLA) Sales and Revenue in Global (2019-2024)
        7.8.5 Natureworks LLC Key News & Latest Developments
    7.9 Teijin Ltd
        7.9.1 Teijin Ltd Company Summary
        7.9.2 Teijin Ltd Business Overview
        7.9.3 Teijin Ltd Lactic Acid & Poly Lactic Acid (PLA) Major Product Offerings
        7.9.4 Teijin Ltd Lactic Acid & Poly Lactic Acid (PLA) Sales and Revenue in Global (2019-2024)
        7.9.5 Teijin Ltd Key News & Latest Developments
    7.10 Wei Mon Industry Co., Ltd
        7.10.1 Wei Mon Industry Co., Ltd Company Summary
        7.10.2 Wei Mon Industry Co., Ltd Business Overview
        7.10.3 Wei Mon Industry Co., Ltd Lactic Acid & Poly Lactic Acid (PLA) Major Product Offerings
        7.10.4 Wei Mon Industry Co., Ltd Lactic Acid & Poly Lactic Acid (PLA) Sales and Revenue in Global (2019-2024)
        7.10.5 Wei Mon Industry Co., Ltd Key News & Latest Developments
8 Global Lactic Acid & Poly Lactic Acid (PLA) Production Capacity, Analysis
    8.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production Capacity, 2019-2030
    8.2 Lactic Acid & Poly Lactic Acid (PLA) Production Capacity of Key Manufacturers in Global Market
    8.3 Global Lactic Acid & Poly Lactic Acid (PLA) Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
    9.1 Market Opportunities & Trends
    9.2 Market Drivers
    9.3 Market Restraints
10 Lactic Acid & Poly Lactic Acid (PLA) Supply Chain Analysis
    10.1 Lactic Acid & Poly Lactic Acid (PLA) Industry Value Chain
    10.2 Lactic Acid & Poly Lactic Acid (PLA) Upstream Market
    10.3 Lactic Acid & Poly Lactic Acid (PLA) Downstream and Clients
    10.4 Marketing Channels Analysis
        10.4.1 Marketing Channels
        10.4.2 Lactic Acid & Poly Lactic Acid (PLA) Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
    12.1 Note
    12.2 Examples of Clients
    12.3 Disclaimer
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