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市場調查報告書
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1541592

2024-2032 年按原料（玉米、甘蔗和甜菜、木薯等）、最終用途行業（包裝、農業、汽車和運輸、電子、紡織品等）和地區分類的聚乳酸 (PLA) 市場報告

Polylactic Acid (PLA) Market Report by Raw Material (Corn, Sugarcane and Sugar Beet, Cassava, and Others), End Use Industry (Packaging, Agriculture, Automotive and Transport, Electronics, Textiles, and Others), and Region 2024-2032
出版日期: | 出版商: IMARC | 英文 145 Pages | 商品交期: 2-3個工作天內

價格

2023年全球聚乳酸（PLA）IMARC Group規模達9.934億美元。對永續包裝解決方案的需求不斷成長，加上可生物分解縫合線、藥物輸送系統和骨科植入物的產量不斷增加，是推動市場成長的關鍵因素。此外，人們對一次性塑膠替代品的認知不斷提高，進一步推動了市場的發展。

聚乳酸（PLA）市場分析：

主要市場促進因素：聚乳酸（PLA）市場佔有率的主要促進因素包括消費者對環保和永續產品的需求不斷成長、強調使用生物可分解材料的支持性政府法規、PLA生產技術的重大創新以及就業人口的不斷成長。此外，環保意識的增強和減少碳足跡的持續努力也極大地促進了對PLA的需求。

主要市場趨勢：針對各種應用的高性能 PLA 牌號的開發、製造商和研究機構之間的合作不斷加強以及 PLA 回收技術的進步代表了聚乳酸 (PLA) 市場報告中的一些主要趨勢。由於 PLA 的生物相容性和多功能性，人們越來越傾向於在 3D 列印和積層製造中使用 PLA。全球聚乳酸產能的擴張反映了對這種永續聚合物的需求和投資的不斷成長。

地理趨勢：北美由於高度重視永續性、廣泛的研發 (R&D) 活動以及支持性監管框架而引領市場。該地區擁有強大的生物技術和綠色化學基礎設施，促進了 PLA 生產和應用的創新。此外，主要 PLA 製造商的存在，加上消費者對環保產品日益成長的偏好，推動了該地區的市場成長。

競爭格局：聚乳酸（PLA）產業的主要市場參與者包括巴斯夫、中糧集團、贏創工業股份公司、Futerro、江蘇蘇普拉生物塑膠有限公司、江西科源生物材料有限公司、三井化學有限公司.、NatureWorks LLC（嘉吉公司）、上海同傑良生物材料有限公司及 Total Corbion PLA 等。

挑戰與機會：聚乳酸 (PLA) 未來前景的機會包括包裝、農業和生物醫學領域應用的擴大，以及生產技術和回收過程的進步。挑戰包括與傳統塑膠相比生產成本較高、熱性能和機械性能有限以及需要改進堆肥和回收基礎設施。透過創新和支持政策來應對這些挑戰可以顯著增強 PLA 市場的成長潛力。

聚乳酸（PLA）市場趨勢：

環境永續性問題日益嚴重

PLA 市場的主要驅動力是全球對環境永續性的日益關注。 PLA 是一種可生物分解和可堆肥的聚合物，源自於玉米澱粉和甘蔗等可再生資源，為傳統塑膠提供了綠色替代品。據聯合國環境規劃署稱，世界正面臨嚴重的塑膠污染危機。每分鐘就有 100 萬個塑膠瓶被購買，每年塑膠袋的使用量高達 5 兆個。生產的塑膠有一半是一次性的，造成了嚴重的環境破壞。每年產生約 4 億噸塑膠廢棄物，其中 36% 用於包裝，85% 最終進入垃圾掩埋場或作為不受管制的廢棄物。全球 70 億噸塑膠垃圾中，只有不到 10% 得到了回收。到 2050 年，塑膠產量預計將達到 11 億噸，除非實施系統性變革，否則污染將會加劇。因此，隨著消費者和產業尋求環保解決方案以減少碳足跡和減輕環境破壞，人們對塑膠污染和傳統塑膠對生態系統有害影響的認知不斷提高，推動了對 PLA 的需求。

支持性政府法規

推動生物分解材料使用的嚴格政府法規和政策顯著促進了PLA市場的成長。各國政府正在實施一次性塑膠禁令，並鼓勵使用永續替代方案。例如，法國和印度政府已承諾消除效用低且可能造成垃圾的一次性塑膠產品。塑膠垃圾污染是一個全球性問題，每年產生4億噸塑膠，其中1000萬噸最終流入海洋。法國和印度的目標是透過實施禁令和推廣替代品來逐步淘汰這些塑膠。法國於2021 年禁止使用多種一次性塑膠，並目標到2040 年終止所有一次性塑膠包裝。實行生產者延伸責任(EPR)。兩國將與其他國家合作制定具有法律約束力的國際協議，以結束塑膠污染。這些監管框架迫使業界採用 PLA 等生物塑膠來遵守環境標準。

重大技術進步

PLA 生產技術的進步是市場的關鍵驅動力。改進的製造流程增強了 PLA 的性能，使其與傳統塑膠相比更具競爭力。高性能 PLA 牌號和高效回收技術等創新擴大了其在包裝、農業、紡織和生物醫學領域的應用範圍。技術進步降低了生產成本，提高了可擴展性，並提高了 PLA 的整體性能和功能，推動了其在各個行業的採用。例如，2023 年4 月，領先的PLA 生物聚合物製造商NatureWorks 與全球製造解決方案提供商Jabil Inc. 合作，推出了一種新型Ingeo™ PLA 基粉末，用於粉末床熔融技術，包括選擇性雷射燒結(SLS)印表機平台。該產品的銷售名稱為 Jabil PLA 3110P，提供了一種經濟高效的解決方案，與 PA-12 相比，其燒結溫度更低，碳足跡減少了 89%。 Ingeo PLA 源自於每年可再生的資源，滿足了對 PA-12 等石化粉末的生物基替代品的需求，使其成為 3D 列印更永續的選擇。

聚乳酸 (PLA) 市場區隔：

IMARC Group提供了每個細分市場的主要趨勢分析，以及 2024-2032 年全球、區域和國家層面的預測。我們的報告根據原料和最終用途行業對市場進行了分類。

按原料分類：

玉米

甘蔗和甜菜

木薯

其他

玉米佔大部分市場佔有率

該報告根據原料對市場進行了詳細的細分和分析。這包括玉米、甘蔗、甜菜、木薯等。報告稱，玉米是最大的細分市場。

玉米佔據了聚乳酸 (PLA) 市場的大部分佔有率，主要是因為其作為原料的供應充足且具有成本效益。玉米澱粉很容易轉化為糖，然後發酵聚合生成PLA。成熟的玉米生產農業基礎設施確保了穩定且可擴展的供應鏈，使其成為 PLA 製造的首選原料。此外，在 PLA 生產中使用玉米符合永續發展目標，因為它是一種可再生資源。這些因素共同使玉米成為 PLA 的主要來源，推動其廣泛應用於包裝、紡織品和生物醫學產品等各種應用。

依最終用途行業細分：

包裝

農業

汽車和運輸

電子產品

紡織品

其他

包裝產業佔有率最大

報告還提供了基於最終用途行業的詳細市場細分和分析。這包括包裝、農業、汽車和運輸、電子、紡織等。報告稱，包裝佔據最大的市場佔有率。

與傳統塑膠相比，包裝由於其可生物分解性、永續性以及減少碳足跡的能力，佔據了聚乳酸 (PLA) 市場的大部分佔有率。消費者意識的不斷提高和減少塑膠廢物的監管壓力推動了對環保包裝解決方案的需求。 PLA 的透明度、剛性和可堆肥性等特性使其成為食品包裝、一次性餐具和容器的理想選擇。此外，PLA 生產的進步提高了其成本效益和性能，進一步促進了其在包裝行業的採用。隨著企業和消費者越來越重視永續實踐，PLA 包裝繼續獲得巨大的市場吸引力。

按地區分類：

北美洲

美國

加拿大

亞太

中國

日本

印度

韓國

澳洲

印尼

其他

歐洲

德國

法國

英國

義大利

西班牙

俄羅斯

其他

拉丁美洲

巴西

墨西哥

其他

中東和非洲

北美市場領先，佔據最大的聚乳酸（PLA）市場佔有率

該報告還對所有主要區域市場進行了全面分析，其中包括北美（美國和加拿大）；歐洲（德國、法國、英國、義大利、西班牙、俄羅斯等）；亞太地區（中國、日本、印度、韓國、澳洲、印尼等）；拉丁美洲（巴西、墨西哥等）；以及中東和非洲。報告稱，北美是聚乳酸（PLA）最大的區域市場。

北美由於高度重視永續性和先進的研發基礎設施，在 PLA 市場佔有率中佔據領先地位。該地區受益於鼓勵使用生物可分解材料、促進聚乳酸生產和應用創新的支持性監管框架。主要 PLA 製造商和生物技術公司的存在增強了生產能力和市場滲透率。此外，北美消費者越來越喜歡環保產品，推動了需求。對生物塑膠技術和基礎設施的大量投資進一步鞏固了北美在 PLA 市場的領先地位。監管支援、消費者需求和行業創新的結合使北美成為該領域的主導者。

例如，2023年9月，美國生物聚合物製造商Danimer Scientific與雪佛龍公司和飛利浦6共同擁有的石化公司Chevron Phillips Chemical宣布合作，利用Danimer的Rinnovo聚合物開發大批量可生物分解塑膠產品。此次合作旨在利用 Danimer 在 PLA 生物塑膠方面的專業知識來增強市場佔有率並滿足對永續包裝替代品不斷成長的需求。

競爭格局：

市場研究報告也對市場競爭格局進行了全面分析。也提供了所有主要公司的詳細資料。聚乳酸（PLA）產業的一些主要市場參與者包括巴斯夫、中糧集團、贏創工業股份公司、Futerro、江蘇蘇普拉生物塑膠有限公司、江西科源生物材料有限公司、三井化學株式會社、 NatureWorks LLC (Cargill Incorporated)、上海同傑良生物材料有限公司、Total Corbion PLA等

（請注意，這只是關鍵參與者的部分列表，報告中提供了完整列表。）

聚乳酸 (PLA) 市場的競爭分析揭示了由幾個主要參與者主導的格局。這些公司大力投資研發，以改善 PLA 性能並擴大其應用。該市場的特點是透過策略合作、合併和收購來增強產品組合和地理覆蓋範圍。例如，2022 年 11 月，韓國 CJ CheilJedang 的子公司、領先的聚羥基脂肪酸酯 (PHA) 生產商 CJ Biomaterials, Inc. 與全球領先的聚乳酸生產商 NatureWorks 簽署了主合作協議 (MCA) （解放軍）。此次合作將專注於創建高性能生物聚合物解決方案，以取代各種應用中的化石燃料塑膠，包括可堆肥食品包裝、食品服務用具、個人護理產品、薄膜和其他最終產品。

此外，新興企業正專注於利基應用和永續實踐，以求脫穎而出。例如，2023 年 3 月，TotalEnergies Corbion、POSCO International 和 ESOL 宣佈建立合作夥伴關係，在韓國開發 PLA 回收基礎設施和技術。該計劃將在未來幾年支持韓國政府的碳中和框架。 POSCO International 將監督並資助該項目，而 ESOL 將負責回收和處理消費後回收 (PCR) PLA 廢棄物，以推進 PLA 的收集、分類、清潔和再加工技術。 TotalEnergies Corbion 將貢獻先進 PLA 回收的專業知識。有競爭力的價格、技術進步和監管合規性是影響市場定位的關鍵因素。市場的動態性質鼓勵不斷改進和適應，以滿足不斷變化的消費者需求和環境標準。

聚乳酸 (PLA) 市場新聞：

2023年9月，巴斯夫宣布推出生質能平衡塑膠添加劑，支持使用再生原料取代化石原料，以實現永續發展目標。首批產品，包括 Irganox(R) 1010 BMBcert(TM) 和 Irganox(R) 1076 FD BMBcert(TM)，已根據國際永續發展和碳認證 (ISCC PLUS) 獲得 TUV Nord 的品質平衡認證。這些產業首創的解決方案支持使用再生原料取代化石原料，並幫助巴斯夫的客戶實現其永續發展目標。

2023年9月，贏創工業股份公司與LEHVOSS集團建立策略合作夥伴關係，為工業3D列印在汽車領域的新應用開闢道路。透過這種合作關係，LEHVOSS 打算簡化為客戶開發創新和客製化產品的流程。

本報告回答的關鍵問題

  • 2023年全球聚乳酸（PLA）市場規模為何
  • 2024-2032年全球聚乳酸（PLA）市場的預期成長率是多少
  • 推動全球聚乳酸（PLA）市場的關鍵因素是什麼
  • COVID-19 對全球聚乳酸 (PLA) 市場有何影響
  • 全球聚乳酸（PLA）市場按原料分類是怎樣的
  • 基於最終用途行業的全球聚乳酸 (PLA) 市場的詳細情形如何
  • 全球聚乳酸（PLA）市場的重點地區有哪些
  • 誰是全球聚乳酸 (PLA) 市場的主要參與者/公司

本報告回答的關鍵問題

  • 2023年全球聚乳酸（PLA）市場規模？ 2024-2032年全球聚乳酸（PLA）市場的預期成長率為何？
  • 推動全球聚乳酸（PLA）市場的關鍵因素是什麼？
  • COVID-19 對全球聚乳酸 (PLA) 市場有何影響？
  • 全球聚乳酸 (PLA) 市場按原料分類如何？
  • 基於最終用途產業的全球聚乳酸 (PLA) 市場的詳細情形如何？
  • 全球聚乳酸（PLA）市場的主要地區有哪些？
  • 全球聚乳酸 (PLA) 市場的主要參與者/公司有哪些？

目錄

第1章：前言

第 2 章：範圍與方法

  • 研究目的
  • 利害關係人
  • 數據來源
    • 主要來源
    • 二手資料
  • 市場預測
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第 3 章：執行摘要

第 4 章：簡介

  • 概述
  • 主要行業趨勢

第 5 章：全球聚乳酸 (PLA) 市場

  • 市場概況
  • 市場表現
  • COVID-19 的影響
  • 市場預測

第 6 章：市場區隔：依原料

  • 玉米
    • 市場趨勢
    • 市場預測
  • 甘蔗和甜菜
    • 市場趨勢
    • 市場預測
  • 木薯
    • 市場趨勢
    • 市場預測
  • 其他
    • 市場趨勢
    • 市場預測

第 7 章：市場區隔：依最終用途產業

  • 包裝
    • 市場趨勢
    • 市場預測
  • 農業
    • 市場趨勢
    • 市場預測
  • 汽車和運輸
    • 市場趨勢
    • 市場預測
  • 電子產品
    • 市場趨勢
    • 市場預測
  • 紡織品
    • 市場趨勢
    • 市場預測
  • 其他
    • 市場趨勢
    • 市場預測

第 8 章：市場區隔：按地區

  • 北美洲
    • 美國
    • 加拿大
  • 亞太
    • 中國
    • 日本
    • 印度
    • 韓國
    • 澳洲
    • 印尼
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 其他
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他
  • 中東和非洲
    • 市場趨勢
    • 市場細分：按國家/地區
    • 市場預測

第 9 章：SWOT 分析

  • 概述
  • 優勢
  • 弱點
  • 機會
  • 威脅

第 10 章：價值鏈分析

第 11 章：波特五力分析

  • 概述
  • 買家的議價能力
  • 供應商的議價能力
  • 競爭程度
  • 新進入者的威脅
  • 替代品的威脅

第 12 章：價格分析

第13章：競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • BASF SE
    • COFCO
    • Evonik Industries AG
    • Futerro
    • Jiangsu Supla Bioplastics Co. Ltd.
    • Jiangxi Keyuan Bio-Material Co. Ltd.
    • Mitsui Chemicals Inc.
    • NatureWorks LLC (Cargill Incorporated)
    • Shanghai Tong-Jie-Liang Biomaterials Co. Ltd.
    • Total Corbion PLA
Product Code: SR112024A3701

The global polylactic acid (PLA) market size reached US$ 993.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 3,530.0 Million by 2032, exhibiting a growth rate (CAGR) of 14.7% during 2024-2032. The escalating demand for sustainable packaging solutions, coupled with the increasing production of biodegradable sutures, drug delivery systems, and orthopedic implants, are key factors driving market growth. Additionally, heightened awareness about alternatives to single-use plastics is further propelling the market.

Polylactic Acid (PLA) Market Analysis:

Major Market Drivers: The major drivers for the polylactic acid (PLA) market share involve rising consumer demand for eco-friendly and sustainable products, supportive government regulations emphasizing the use of biodegradable materials, significant innovations in PLA production technology, and the growing employment of PLA across packaging, biomedical, and agriculture applications. Moreover, the heightening environmental consciousness and continuous efforts toward reducing carbon footprints are significantly contributing to the demand for PLA.

Key Market Trends: The development of high-performance PLA grades for various applications, increasing collaborations between manufacturers and research institutions, and advancements in PLA recycling technologies represent some of the key trends in the polylactic acid (PLA) market report. There is also a growing inclination towards using PLA in 3D printing and additive manufacturing, owing to its biocompatibility and versatility. The expansion of PLA production capacity globally reflects the rising demand and investment in this sustainable polymer.

Geographical Trends: North America leads the market due to its strong emphasis on sustainability, extensive research and development (R&D) activities, and supportive regulatory frameworks. The region has a robust infrastructure for biotechnology and green chemistry, fostering innovations in PLA production and applications. Additionally, the presence of major PLA manufacturers, coupled with growing consumer preference for eco-friendly products, drives the market growth in the region.

Competitive Landscape: Some of the major market players in the polylactic acid (PLA) industry include BASF SE, COFCO, Evonik Industries AG, Futerro, Jiangsu Supla Bioplastics Co. Ltd., Jiangxi Keyuan Bio-Material Co. Ltd., Mitsui Chemicals Inc., NatureWorks LLC (Cargill Incorporated), Shanghai Tong-Jie-Liang Biomaterials Co. Ltd., and Total Corbion PLA, among many others.

Challenges and Opportunities: Opportunities for the polylactic acid (PLA) future outlook include expanding applications in packaging, agriculture, and biomedicine, as well as advancements in production technologies and recycling processes. Challenges include high production costs compared to conventional plastics, limited thermal and mechanical properties, and the need for improved composting and recycling infrastructure. Addressing these challenges through innovation and supportive policies can significantly enhance the growth potential of the PLA market.

Polylactic Acid (PLA) Market Trends:

Rising Environmental Sustainability Concerns

The primary driver for the PLA market is the increasing global focus on environmental sustainability. PLA is a biodegradable and compostable polymer derived from renewable resources like corn starch and sugarcane, offering a green alternative to traditional plastics. According to the UN Environment Programme, the world is facing a severe plastic pollution crisis. Every minute, 1 million plastic bottles are purchased, and up to five trillion plastic bags are used annually. Half of all plastic produced is for single use, causing significant environmental damage. Annually, approximately 400 million tonnes of plastic waste are generated, with 36% used in packaging and 85% ending up in landfills or as unregulated waste. Less than 10% of the seven billion tonnes of global plastic waste has been recycled. By 2050, plastic production is projected to reach 1,100 million tonnes, worsening pollution unless systemic changes are implemented. Consequently, the rising awareness of plastic pollution and the harmful effects of conventional plastics on ecosystems drive demand for PLA, as consumers and industries seek eco-friendly solutions to reduce their carbon footprint and mitigate environmental damage.

Supportive Government Regulations

Stringent government regulations and policies promoting the use of biodegradable materials significantly boost the PLA market growth. Governments of various countries are implementing bans on single-use plastics and offering incentives for using sustainable alternatives. For instance, governments of France and India have committed to eliminating single-use plastic products that have low utility and high littering potential. Plastic waste pollution is a global issue, with 400 million tons of plastic produced annually of which 10 million tons end up in the ocean. France and India aim to phase out these plastics by implementing bans and promoting alternatives. France banned several single-use plastics in 2021 and targets ending all single-use plastic packaging by 2040. India introduced rules in 2021 to eliminate various single-use plastics by July 2022 and has mandated Extended Producer Responsibility (EPR) for plastic waste management. Both countries will engage with others to develop a legally binding international agreement to end plastic pollution. These regulatory frameworks compel industries to adopt bioplastics like PLA to comply with environmental standards.

Significant Technological Advancements

Advancements in PLA production technology is a key driver for the market. Improved manufacturing processes have enhanced the properties of PLA, making it more competitive with conventional plastics. Innovations such as high-performance PLA grades and efficient recycling techniques expand its application range across packaging, agriculture, textiles, and biomedical sectors. Technological progress reduces production costs, increases scalability, and improves the overall performance and functionality of PLA, driving its adoption in various industries. For instance, in April 2023, NatureWorks, a leading PLA biopolymers manufacturer, partnered with global manufacturing solutions provider Jabil Inc. to introduce a new Ingeo(TM) PLA-based powder for powder-bed fusion technologies, including selective laser sintering (SLS) printer platforms. The product, marketed as Jabil PLA 3110P, offers a cost-effective solution with a lower sintering temperature and an 89% smaller carbon footprint compared to PA-12. Ingeo PLA is derived from annually renewable resources, catering to the demand for biobased alternatives to petrochemical-based powders like PA-12, making it a more sustainable option for 3D printing.

Polylactic Acid (PLA) Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on raw material and end use industry.

Breakup by Raw Material:

Corn

Sugarcane and Sugar Beet

Cassava

Others

Corn accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the raw material. This includes corn, sugarcane and sugar beet, cassava, and others. According to the report, corn represented the largest segment.

Corn accounts for the majority of the Polylactic Acid (PLA) market share primarily due to its abundant availability and cost-effectiveness as a raw material. Corn starch is easily converted into sugars, which are then fermented and polymerized to produce PLA. The established agricultural infrastructure for corn production ensures a stable and scalable supply chain, making it a preferred feedstock for PLA manufacturing. Additionally, the use of corn in PLA production aligns with sustainability goals, as it is a renewable resource. These factors collectively make corn the dominant source for PLA, driving its extensive use in various applications such as packaging, textiles, and biomedical product.

Breakup by End Use Industry:

Packaging

Agriculture

Automotive and Transport

Electronics

Textiles

Others

Packaging holds the largest share of the industry

A detailed breakup and analysis of the market based on the end use industry have also been provided in the report. This includes packaging, agriculture, automotive and transport, electronics, textiles, and others. According to the report, packaging accounted for the largest market share.

Packaging accounts for the majority of the Polylactic Acid (PLA) market share due to its biodegradability, sustainability, and ability to reduce carbon footprints compared to traditional plastics. The rising consumer awareness and regulatory pressures to minimize plastic waste drive the demand for eco-friendly packaging solutions. PLA's properties, such as clarity, rigidity, and compostability, make it ideal for food packaging, disposable cutlery, and containers. Moreover, advancements in PLA production have improved its cost-effectiveness and performance, further boosting its adoption in the packaging industry. As businesses and consumers increasingly prioritize sustainable practices, PLA packaging continues to gain significant market traction.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

North America leads the market, accounting for the largest polylactic acid (PLA) market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America represents the largest regional market for polylactic acid (PLA).

North America leads the PLA market share due to its strong focus on sustainability and advanced research and development infrastructure. The region benefits from supportive regulatory frameworks that encourage the use of biodegradable materials, fostering innovation in PLA production and applications. The presence of major PLA manufacturers and biotechnology companies enhances production capabilities and market penetration. Additionally, North American consumers increasingly prefer eco-friendly products, driving demand. Significant investments in technology and infrastructure for bioplastics further bolster North America's leading position in the PLA market. The combination of regulatory support, consumer demand, and industry innovation makes North America a dominant player in this sector.

For example, in September 2023, Danimer Scientific, a US-based biopolymer manufacturer, and Chevron Phillips Chemical, a petrochemical company, jointly owned by Chevron Corporation and Philips 6, announced a collaboration to advance high-volume biodegradable plastic products using Danimer's Rinnovo polymers. This partnership aims to leverage Danimer's expertise in PLA-based bioplastics to enhance market presence and meet the growing demand for sustainable packaging alternatives.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the polylactic acid (PLA) industry include BASF SE, COFCO, Evonik Industries AG, Futerro, Jiangsu Supla Bioplastics Co. Ltd., Jiangxi Keyuan Bio-Material Co. Ltd., Mitsui Chemicals Inc., NatureWorks LLC (Cargill Incorporated), Shanghai Tong-Jie-Liang Biomaterials Co. Ltd., Total Corbion PLA, etc.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

The competitive analysis for the polylactic acid (PLA) market reveals a landscape dominated by several key players. These companies invest heavily in research and development to improve PLA properties and expand its applications. The market is characterized by strategic collaborations, mergers, and acquisitions to enhance product portfolios and geographic reach. For instance, in November 2022, CJ Biomaterials, Inc., a division of South Korea-based CJ CheilJedang and a leading producer of polyhydroxyalkanoate (PHA), signed a Master Collaboration Agreement (MCA) with NatureWorks, the world's leading producer of polylactic acid (PLA). The collaboration will focus on creating high-performance biopolymer solutions to replace fossil-fuel-based plastics in various applications, including compostable food packaging, food serviceware, personal care products, films, and other end products.

Moreover, emerging players are focusing on niche applications and sustainable practices to differentiate themselves. For instance, in March 2023, TotalEnergies Corbion, POSCO International, and ESOL announced a partnership to develop PLA recycling infrastructure and technology in South Korea. This initiative will support the Korean Government's Carbon Neutrality framework over the coming years. POSCO International will oversee and finance the project while ESOL will handle the retrieval and processing of Post Consumer Recycled (PCR) PLA waste, advancing technology for collection, sorting, cleaning, and reworking PLA. TotalEnergies Corbion will contribute expertise in advanced PLA recycling. Competitive pricing, technological advancements, and regulatory compliance are crucial factors influencing market positioning. The dynamic nature of the market encourages continuous improvement and adaptation to meet evolving consumer demands and environmental standards.

Polylactic Acid (PLA) Market News:

In September 2023, BASF SE announced the launch of biomass balance plastic additives that support the use of renewable feedstock to replace fossil feedstock and fulfill sustainability targets. The initial offerings, including Irganox(R) 1010 BMBcert(TM) and Irganox(R) 1076 FD BMBcert(TM), are certified by TUV Nord for mass balance according to the International Sustainability and Carbon Certification (ISCC PLUS). These industry-first solutions support the use of renewable feedstock to replace fossil feedstock and help BASF's customers meet their sustainability targets.

In September 2023, Evonik Industries AG and LEHVOSS Group entered into a strategic partnership to open up the path for new applications of industrial 3D printing in the automotive sector. With this partnership, LEHVOSS intends to ease the process to develop innovative and customized products for their customers.

Key Questions Answered in This Report

  • 1. What was the size of the global Polylactic Acid (PLA) market in 2023?
  • 2. What is the expected growth rate of the global Polylactic Acid (PLA) market during 2024-2032?
  • 3. What are the key factors driving the global Polylactic Acid (PLA) market?
  • 4. What has been the impact of COVID-19 on the global Polylactic Acid (PLA) market?
  • 5. What is the breakup of the global Polylactic Acid (PLA) market based on the raw material?
  • 6. What is the breakup of the global Polylactic Acid (PLA) market based on the end use industry?
  • 7. What are the key regions in the global Polylactic Acid (PLA) market?
  • 8. Who are the key players/companies in the global Polylactic Acid (PLA) market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Polylactic Acid (PLA) Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Raw Material

  • 6.1 Corn
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Sugarcane and Sugar Beet
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Cassava
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Others
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast

7 Market Breakup by End Use Industry

  • 7.1 Packaging
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Agriculture
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Automotive and Transport
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Electronics
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast
  • 7.5 Textiles
    • 7.5.1 Market Trends
    • 7.5.2 Market Forecast
  • 7.6 Others
    • 7.6.1 Market Trends
    • 7.6.2 Market Forecast

8 Market Breakup by Region

  • 8.1 North America
    • 8.1.1 United States
      • 8.1.1.1 Market Trends
      • 8.1.1.2 Market Forecast
    • 8.1.2 Canada
      • 8.1.2.1 Market Trends
      • 8.1.2.2 Market Forecast
  • 8.2 Asia-Pacific
    • 8.2.1 China
      • 8.2.1.1 Market Trends
      • 8.2.1.2 Market Forecast
    • 8.2.2 Japan
      • 8.2.2.1 Market Trends
      • 8.2.2.2 Market Forecast
    • 8.2.3 India
      • 8.2.3.1 Market Trends
      • 8.2.3.2 Market Forecast
    • 8.2.4 South Korea
      • 8.2.4.1 Market Trends
      • 8.2.4.2 Market Forecast
    • 8.2.5 Australia
      • 8.2.5.1 Market Trends
      • 8.2.5.2 Market Forecast
    • 8.2.6 Indonesia
      • 8.2.6.1 Market Trends
      • 8.2.6.2 Market Forecast
    • 8.2.7 Others
      • 8.2.7.1 Market Trends
      • 8.2.7.2 Market Forecast
  • 8.3 Europe
    • 8.3.1 Germany
      • 8.3.1.1 Market Trends
      • 8.3.1.2 Market Forecast
    • 8.3.2 France
      • 8.3.2.1 Market Trends
      • 8.3.2.2 Market Forecast
    • 8.3.3 United Kingdom
      • 8.3.3.1 Market Trends
      • 8.3.3.2 Market Forecast
    • 8.3.4 Italy
      • 8.3.4.1 Market Trends
      • 8.3.4.2 Market Forecast
    • 8.3.5 Spain
      • 8.3.5.1 Market Trends
      • 8.3.5.2 Market Forecast
    • 8.3.6 Russia
      • 8.3.6.1 Market Trends
      • 8.3.6.2 Market Forecast
    • 8.3.7 Others
      • 8.3.7.1 Market Trends
      • 8.3.7.2 Market Forecast
  • 8.4 Latin America
    • 8.4.1 Brazil
      • 8.4.1.1 Market Trends
      • 8.4.1.2 Market Forecast
    • 8.4.2 Mexico
      • 8.4.2.1 Market Trends
      • 8.4.2.2 Market Forecast
    • 8.4.3 Others
      • 8.4.3.1 Market Trends
      • 8.4.3.2 Market Forecast
  • 8.5 Middle East and Africa
    • 8.5.1 Market Trends
    • 8.5.2 Market Breakup by Country
    • 8.5.3 Market Forecast

9 SWOT Analysis

  • 9.1 Overview
  • 9.2 Strengths
  • 9.3 Weaknesses
  • 9.4 Opportunities
  • 9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis

  • 11.1 Overview
  • 11.2 Bargaining Power of Buyers
  • 11.3 Bargaining Power of Suppliers
  • 11.4 Degree of Competition
  • 11.5 Threat of New Entrants
  • 11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape

  • 13.1 Market Structure
  • 13.2 Key Players
  • 13.3 Profiles of Key Players
    • 13.3.1 BASF SE
      • 13.3.1.1 Company Overview
      • 13.3.1.2 Product Portfolio
      • 13.3.1.3 Financials
      • 13.3.1.4 SWOT Analysis
    • 13.3.2 COFCO
      • 13.3.2.1 Company Overview
      • 13.3.2.2 Product Portfolio
      • 13.3.2.3 Financials
    • 13.3.3 Evonik Industries AG
      • 13.3.3.1 Company Overview
      • 13.3.3.2 Product Portfolio
      • 13.3.3.3 Financials
      • 13.3.3.4 SWOT Analysis
    • 13.3.4 Futerro
      • 13.3.4.1 Company Overview
      • 13.3.4.2 Product Portfolio
    • 13.3.5 Jiangsu Supla Bioplastics Co. Ltd.
      • 13.3.5.1 Company Overview
      • 13.3.5.2 Product Portfolio
    • 13.3.6 Jiangxi Keyuan Bio-Material Co. Ltd.
      • 13.3.6.1 Company Overview
      • 13.3.6.2 Product Portfolio
    • 13.3.7 Mitsui Chemicals Inc.
      • 13.3.7.1 Company Overview
      • 13.3.7.2 Product Portfolio
      • 13.3.7.3 Financials
      • 13.3.7.4 SWOT Analysis
    • 13.3.8 NatureWorks LLC (Cargill Incorporated)
      • 13.3.8.1 Company Overview
      • 13.3.8.2 Product Portfolio
    • 13.3.9 Shanghai Tong-Jie-Liang Biomaterials Co. Ltd.
      • 13.3.9.1 Company Overview
      • 13.3.9.2 Product Portfolio
    • 13.3.10 Total Corbion PLA
      • 13.3.10.1 Company Overview
      • 13.3.10.2 Product Portfolio

List of Figures

  • Figure 1: Global: Polylactic Acid Market: Major Drivers and Challenges
  • Figure 2: Global: Polylactic Acid Market: Sales Value (in Million US$), 2018-2023
  • Figure 3: Global: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 4: Global: Polylactic Acid Market: Breakup by Raw Material (in %), 2023
  • Figure 5: Global: Polylactic Acid Market: Breakup by End Use Industry (in %), 2023
  • Figure 6: Global: Polylactic Acid Market: Breakup by Region (in %), 2023
  • Figure 7: Global: Polylactic Acid (Corn) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 8: Global: Polylactic Acid (Corn) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 9: Global: Polylactic Acid (Sugarcane and Sugar Beet) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 10: Global: Polylactic Acid (Sugarcane and Sugar Beet) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 11: Global: Polylactic Acid (Cassava) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 12: Global: Polylactic Acid (Cassava) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 13: Global: Polylactic Acid (Other Raw Materials) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 14: Global: Polylactic Acid (Other Raw Materials) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 15: Global: Polylactic Acid (Packaging) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 16: Global: Polylactic Acid (Packaging) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 17: Global: Polylactic Acid (Agriculture) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 18: Global: Polylactic Acid (Agriculture) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 19: Global: Polylactic Acid (Automotive and Transport) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 20: Global: Polylactic Acid (Automotive and Transport) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 21: Global: Polylactic Acid (Electronics) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 22: Global: Polylactic Acid (Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 23: Global: Polylactic Acid (Textiles) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 24: Global: Polylactic Acid (Textiles) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 25: Global: Polylactic Acid (Other End Use Industries) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 26: Global: Polylactic Acid (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 27: North America: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 28: North America: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 29: United States: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 30: United States: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 31: Canada: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 32: Canada: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 33: Asia-Pacific: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 34: Asia-Pacific: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 35: China: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 36: China: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 37: Japan: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 38: Japan: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 39: India: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 40: India: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 41: South Korea: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 42: South Korea: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 43: Australia: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 44: Australia: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 45: Indonesia: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 46: Indonesia: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 47: Others: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 48: Others: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 49: Europe: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 50: Europe: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 51: Germany: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 52: Germany: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 53: France: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 54: France: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 55: United Kingdom: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 56: United Kingdom: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 57: Italy: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 58: Italy: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 59: Spain: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 60: Spain: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 61: Russia: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 62: Russia: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 63: Others: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 64: Others: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 65: Latin America: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 66: Latin America: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 67: Brazil: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 68: Brazil: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 69: Mexico: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 70: Mexico: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 71: Others: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 72: Others: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 73: Middle East and Africa: Polylactic Acid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 74: Middle East and Africa: Polylactic Acid Market: Breakup by Country (in %), 2023
  • Figure 75: Middle East and Africa: Polylactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 76: Global: Polylactic Acid Industry: SWOT Analysis
  • Figure 77: Global: Polylactic Acid Industry: Value Chain Analysis
  • Figure 78: Global: Polylactic Acid Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Polylactic Acid Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Polylactic Acid Market Forecast: Breakup by Raw Material (in Million US$), 2024-2032
  • Table 3: Global: Polylactic Acid Market Forecast: Breakup by End Use Industry (in Million US$), 2024-2032
  • Table 4: Global: Polylactic Acid Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 5: Global: Polylactic Acid Market: Competitive Structure
  • Table 6: Global: Polylactic Acid Market: Key Players