Lactic Acid and Polylactic Acid Market – Growth, Trends and Forecasts (2019 - 2025)

1
Global Lactic Acid and Polylactic Acid Market
Size 2017

• By End-Use Lactic Acid (Industrial, Food And
  Beverages, Pharmaceuticals, Personal Care) And
  Polylactic Acid (Packaging, Agriculture,
  Electronics, Textiles), By Region And Forecast
  From 2018 To 2025

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2
Global Lactic Acid and Polylactic Acid Market to
Grow with 17.2 CAGR over Next Eight Years

• A publication on the Global Lactic acid and
  Polylactic Acid Market Size 2017, End-Use
  Analysis for Lactic Acid (Industrial, Food And
  Beverages, Pharmaceuticals, Personal Care)
  Polylactic Acid (Packaging, Agriculture,
  Electronics, Textiles), Region And Forecast,
  2018-2025 was published by Adroit Market
  Research. The report includes market estimations
  and forecast for global lactic acid and
  polylactic acid market size between 2015 and
  2025.
• The research study also includes lactic acid
  market size and forecast at a regional and
  country level. Analytical models such as PESTEL
  and Porters Five Forces are also given for the
  global lactic acid and polylactic acid market.
  Furthermore, the study includes global lactic
  acid and polylactic acid market dynamics
  including drivers, restraints, and opportunities.
  The report provides an exhaustive study on the
  global lactic acid market growth. The report also
  separately covers the global poly lactic acid
  market trends. The report is tailored in a manner
  which gives an overview of polylactic acid and
  its monomer lactic acid at a global, regional and
  country level deep dive.
• The global lactic acid and polylactic acid market
  size, together, are anticipated to be valued at
  USD 5.48 billion in 2025. Lactic acid is an
  organic acid that finds several applications
  across diverse industry verticals such as food
  beverage, pharmaceutical, personal care among
  others.
• Browse the complete report on _at_
  https//www.adroitmarketresearch.com/industry-repo
  rts/lactic-acid-and-polylactic-acid-market

3
Global Lactic Acid and Polylactic Acid Market to
Grow with 17.2 CAGR over Next Eight Years

• Polylactic acid, a polymer of lactic acid, is
  among the most widely adopted bioplastics which
  find application in packaging, textiles,
  electronics, and agriculture among others.
  Growing usage across end-user industries coupled
  with growing adoption for bioplastics is
  projected to boost the growth for global lactic
  acid and polylactic acid market over the forecast
  period.
• Polylactic acid is produced by polymerization of
  lactic acid, is regarded among the innovative
  bioplastics that are propelling the demand for
  bioplastics industry. Polylactic acid, among
  other bioplastics, is an alternative for the
  traditional plastics which exhibits properties of
  traditional plastics coupled with benefits of
  being biodegradable in nature. Therefore, owing
  to this, polylactic acid (PLA) market is
  witnessing remarkable growth across the globe.
• Regional analysis of global lactic acid and
  polylactic acid market shows that Asia Pacific is
  projected to witness significant growth with CAGR
  19.1 over the forecast period. Rapid
  industrialization coupled with rapid economic
  growth is supporting the demand for lactic and
  polylactic acid in the region. China is projected
  to dominate the region, both in terms of
  production and consumption. Europe and North
  America are also projected to show steady growth
  owing to the high adoption of bioplastics due to
  stringent environmental regulations.
• Cargill, Inc., Galactic, CELLULAC, NatureWorks
  LLC, Synbra Technology bv, and Weforyou GmbH are
  some of the key players of the global lactic acid
  and polylactic acid market. Owing to the robust
  demand, key players, especially polylactic acid
  manufacturers, are expanding their production
  capacity in order to cater to the growing
  customer base. For instance, in December 2018,
  Total Corbian, a joint venture between Total and
  Corbian, commenced production of polylactic acid
  with a capacity of 75,000 tons in Rayong,
  Thailand.

4
Key segments of the global lactic acid and
polylactic acid market

• Lactic Acid End Use Overview, 2015-2025 (USD
  Million) (Kilo Tons)
• Industrial applications
• Food and beverages
• Pharmaceuticals
• Personal care products
• Others
• Polylactic Acid End Use Overview, 2015-2025 (USD
  Million) (Kilo Tons)
• Packaging
• Agriculture
• Electronics
• Textiles
• Others
• Lactic Acid And Polylactic Acid Regional
  Overview, 2015-2025 (USD Million) (Kilo Tons)
  North America, Europe, Asia Pacific, Latin
  America, Middle East Africa
• Purchase a single user copy of the global Lactic
  Acid And Polylactic Acid market report _at_
  https//www.adroitmarketresearch.com/researchrepor
  t/purchase/742

5
About Us

• Adroit Market Research is an India-based business
  analytics and consulting company. Our target
  audience is a wide range of corporations,
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  them with valuable market insights to help create
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  follow a code Explore, Learn and Transform. At
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