Polylactic Acid Market | Global Industry Share, Size, Analysis 2019-2027 - PowerPoint PPT Presentation

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Polylactic Acid Market | Global Industry Share, Size, Analysis 2019-2027

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The Global Polylactic Acid Market is estimated to grow at a CAGR of 14.55% during the forecasting years of 2019-2027. Read More. – PowerPoint PPT presentation

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Title: Polylactic Acid Market | Global Industry Share, Size, Analysis 2019-2027


1
Global Polylactic Acid Market Forecast 2019-2027
2
Agenda
Regional Insights
Key Findings
Market Insights
Competitive Insights
3
Key Findings
Left Image Slide
  • The Global Polylactic Acid Market is anticipated
    to rise with a CAGR of 14.55 over the forecast
    period of 2019-2027.
  • The market is primarily driven by factors such as
    a lack of fossil fuel resources, high petroleum
    prices, favorable government support, substantial
    end-user applications, rising environmental
    concerns and the increasing demand from the
    developing countries.
  • The ability of PLA to blend with other materials
    and its production from second-generation biomass
    such as waste vegetable oil are some of the
    positive attributes that can be influential for
    the market growth during the forecasting tenure.

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4
Market Insights
  • The Global Polylactic Acid Market is segmented
    based on products and application. The product
    segment is further sub-segmented into coatings,
    films and sheets, and fibers.
  • The films and sheets are the most popular
    sub-segment from the product type. The
    application segment includes catering, packaging,
    textile material, agriculture, electronic
    materials, consumer goods, etc. Of these, the
    market scope for packaging application is the
    highest.
  • High heat resistance capacity of PLA makes it
    very suitable for packaging and other application
    where higher temperature resistance is a
    necessity.

5
Image Slide
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dummy text ever since the 1500s, when an unknown
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Lorem Ipsum has been the industry's standard
dummy text ever since the 1500s, when an unknown
printer took a galley of type and scrambled it to
make a type specimen book.
Lorem Ipsum has been the industry's standard
dummy text ever since the 1500s, when an unknown
printer took a galley of type and scrambled it to
make a type specimen book.
Lorem Ipsum has been the industry's standard
dummy text ever since the 1500s, when an unknown
printer took a galley of type and scrambled it to
make a type specimen book.
Lorem Ipsum has been the industry's standard
dummy text ever since the 1500s, when an unknown
printer took a galley of type and scrambled it to
make a type specimen book.
6
The Global Polylactic Acid Market is estimated to
grow with 14.55 CAGR during the forecasting year
of 2019-2027.
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7
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  • The North America Polylactic Acid Market is
    expected to expand with a CAGR of 11.95 during
    the forecast period 2019-2027.

8
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  • The Europe Polylactic Acid Market is anticipated
    to rise with a CAGR of 12.22 during the forecast
    period 2019-2027.

9
  • The Asia Pacific Polylactic Acid Market is
    anticipated to rise with a CAGR of 18.35 during
    the forecast period of 2019-2027.

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10
Competitive Insights
  • Danimer Scientific (Merged By Meridian, Inc.),
    Synbra Holding B.V., Natureworks LLC, Zhejiang
    Hisun Biomaterials Co., Ltd., Futerro SA, Teijin
    Aramid B.V., Dow Chemicals, Thyssenkrupp AG,
    Green Dot Holdings LLC, Biobent Polymers, Teijin
    Aramid B.V., BASF, Innovia Films (Acquired By CCL
    Industries Inc.), Total-Corbion, Solegear
    Bioplastics Inc. and Mitsubishi Chemical Holding
    Corporation are some of the global market leaders
    for polylactic acid products.

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