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Lactic Acid Market worth 3.82 Billion USD & Polylactic Acid Market worth 5.16 Billion USD by 2020

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The global lactic acid market is projected to reach USD 3.82 Billion by 2020, growing at a CAGR of 18.6% & the global polylactic acid market is projected to reach USD 5.16 Billion by 2020, growing at a CAGR of 20.9% during the forecast period. – PowerPoint PPT presentation

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Title: Lactic Acid Market worth 3.82 Billion USD & Polylactic Acid Market worth 5.16 Billion USD by 2020


1
MarketsandMarkets Presents
Lactic Acid Market worth 3.82 Billion USD
Polylactic Acid Market worth 5.16 Billion USD by
2020
http//www.marketsandmarkets.com/Market-Reports/as
taxanthin-market-387.html
2
The report "Lactic Acid Market by Application
(Biodegradable Polymer, Food Beverage, Personal
Care Pharmaceutical) Polylactic Acid Market
by Application (Packaging, Agriculture,
Automobile, Electronics, Textile), by Geography
- Global Trends Forecasts to 2020", defines and
segments the lactic acid polylactic acid market
with analyses and projections of the market size
in terms of value and volume. It also identifies
the driving and restraining factors of the market
with analyses of the trends, opportunities,
restraints, and challenges. The size of the
market in key regions North America, Europe,
Asia-Pacific, Africa, and the Rest of the World
(RoW) has been estimated and projected. Browse
126 market data tables, 54 figures spread
through 180 pages and in-depth TOC on Lactic
Acid Market by Application (Biodegradable
Polymer, Food Beverage, Personal Care
Pharmaceutical) Polylactic Acid Market by
Application (Packaging, Agriculture, Automobile,
Electronics, Textile), by Geography - Global
Trends Forecasts to 2020 http//www.marketsand
markets.com/Market-Reports/polylacticacid-387.html
Early buyers will receive 10 customization on
reports.
3
The analysis in the report has been conducted on
various market segments derived on the basis of
key applications and regions, with respect to the
global lactic acid and poly lactic acid market.
On the basis of application, the lactic acid
market has been segmented into biodegradable
polymers, food beverages, pharmaceuticals,
personal care products, and others. The poly
lactic acid market has been segmented into
packaging, agriculture, automobile, electronics,
textiles, and others. On the other hand, the
geographical analysis includes all the major
regions for lactic and poly lactic acid all
across the globe, namely, North America, Europe,
Asia-Pacific (APAC), and Rest of the World (RoW).
The report also includes the key market drivers
and inhibitors, along with their impacts in
detail. The increasing demand for
environment-friendly products and the high cost
of products that are derived from petrochemical
feed stocks are estimated to drive the demand for
lactic acid. Lactic acid is used in the
production of PLA plastics, which are mainly used
in packaging products that comply with the
environmental norms. Expansion of the PLA market
is projected to fuel the growth of the lactic
acid market. The lactic and poly lactic acid
market is one of the major markets and is
estimated to dominate the chemical industry from
2015 to 2020. http//http//www.marketsandmarket
s.com/Market-Reports/polylacticacid-387.html
4
Rising petrochemical prices and limited fossil
fuel resources are the key drivers of this
market. Government regulations and growing
environmental concerns are further fueling the
adoption of PLA by the end users of the final
products and manufacturers in industries such as
packaging, textile, electronics, and
transportation. The global lactic acid market is
projected to reach USD 3.82 Billion by 2020,
growing at a CAGR of 18.6 during the forecast
period. In 2015, North America is estimated to be
the largest market for lactic acid. Asia-Pacific
is projected to be the fastest-growing market for
lactic acid during the forecast period. This
market is driven by increasing demands for
environment-friendly products and the high cost
of products that are derived from petrochemical
feed stocks spurs the growth of the lactic acid
market. The global polylactic acid market is
projected to reach USD 5.16 Billion by 2020,
growing at a CAGR of 20.9 during the forecast
period. In 2015, Europe is estimated to be the
largest market for polylactic acid. Asia-Pacific
is projected to be the fastest-growing market for
polylactic acid during the forecast period.
Government regulations and growing environmental
concerns are the key drivers of the PLA
market. http//http//www.marketsandmarkets.com/
Market-Reports/polylacticacid-387.html
5
This report is a detailed study of different
regional markets, along with an analysis of
various applications. It includes profiles and
competitive positions of top market players in
the business, such as BASF SE (Germany), CSM N.V.
(The Netherlands), The Dow Chemical Company
(U.S.), Teijin Ltd. (Japan), and NatureWorks LLC
(U.S). Apart from the financial information,
insights about the competitive position of the
companies and their recent developments and
strategies have been studied and included in the
report.
http//http//www.marketsandmarkets.com/Market-Rep
orts/polylacticacid-387.html
6
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
revenues. Currently servicing 5000 customers
worldwide including 80 of global Fortune 1000
companies as clients. Almost 75,000 top officers
across eight industries worldwide approach
MarketsandMarkets for their painpoints around
revenues decisions. Our 850 fulltime analyst and
SMEs at MarketsandMarkets are tracking global
high growth markets following the "Growth
Engagement Model GEM". The GEM aims at
proactive collaboration with the clients to
identify new opportunities, identify most
important customers, write "Attack, avoid and
defend" strategies, identify sources of
incremental revenues for both the company and its
competitors. MarketsandMarkets now coming up
with 1,500 MicroQuadrants (Positioning top
players across leaders, emerging companies,
innovators, strategic players) annually in high
growth emerging segments. MarketsandMarkets is
determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations/disruptions early to
the market by providing them research ahead of
the curve. MarketsandMarketss flagship
competitive intelligence and market research
platform, "RT" connects over 200,000 markets and
entire value chains for deeper understanding of
the unmet insights along with market sizing and
forecasts of niche markets.
7
Contact Us
Contact Mr. RohanMarkets and Markets UNIT no
802, Tower no. 7, SEZMagarpatta city,
HadapsarPune, Maharashtra 411013,
India1-888-600-6441 Email sales_at_marketsandmarket
s.com  MarketsandMarkets Bloghttp//www.marketsa
ndmarkets.comhttp//twitter.com/marketsmarkets ht
tp//www.linkedin.com/company/marketsandmarkets
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