Global Lactic Acid & Poly Lactic Acid (PLA) Market - Industry Analysis Size Share Growth Trends and Forecast 2024 - 2031

Global Lactic Acid & Poly Lactic Acid (PLA) Market - Industry Analysis Size Share Growth Trends and Forecast 2024 - 2031

  • SKU :
    SAC6746366
  • Published Date :
    May 31, 2024
  • Number of Pages :
    300

Product Description

Lactic acid (2-hydroxy propanoic acid) is a colorless or some time yellowish, odorless and hygroscopic, sugary and thick chemical liquid. It is generally soluble with other liquids such as water and ethanol. It is found in abundance in nature. It is the most important acid ingredient of acerbic milk and a typical component of animals’ blood and muscle tissue. 
Poly lactic acid (PLA) is a biodegradable chemicals derived from high quality lactic acid (pure or refined lactic acid). It is one of the major sources of bio-resins use in bioplastics. The various application market of poly lactic acid (PLA) based plastic include, food and beverages packaging, consumer goods packaging, automobiles, agriculture, electronics, and textiles.
The Lactic Acid & Poly Lactic Acid (PLA) market revenue was xx Million USD in 2019, grew to xx Million USD in 2023, and will reach xx Million USD in 2031, with a CAGR of xx during 2024-2031.

Considering the influence of COVID-19 on the global Lactic Acid & Poly Lactic Acid (PLA) market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions.

This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery.

Under COVID-19 Outbreak, how the Lactic Acid & Poly Lactic Acid (PLA) Industry will develop is also analyzed in detail in Chapter 1.8 of this report.

Major Players in Lactic Acid & Poly Lactic Acid (PLA) market are:
The Dow Chemical Company
BASF SE
Weforyou GmbH
Danimer Scientific LLC
Cargill, Inc.
Futerro SA
Henan Jindan Lactic Acid Technology Co., Ltd
Archer Daniels Midland Company
Synbra Technology bv
Galactic
Cellulac
Zhejiang Hisun Biomaterials Co., Ltd
Corbion Purac
NatureWorks LLC

Most important types of Lactic Acid & Poly Lactic Acid (PLA) products covered in this report are:
Lactic Acid
Poly Lactic Acid (PLA)

Most widely used downstream fields of Lactic Acid & Poly Lactic Acid (PLA) market covered in this report are:
Industrial applications
Food and beverages
Pharmaceuticals
Personal care products
Packaging
Agriculture
Electronics
Textiles
Others

Major Regions or countries covered in this report:
North America
Europe
China
Japan
Middle East and Africa
South America
India
South Korea
Southeast Asia
Others

In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations.

In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out.

In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.





Table of Content

Table of Content

1 Lactic Acid & Poly Lactic Acid (PLA) Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Lactic Acid & Poly Lactic Acid (PLA)
1.3 Lactic Acid & Poly Lactic Acid (PLA) Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Lactic Acid & Poly Lactic Acid (PLA) Revenue and Growth Rate from 2019-2031
1.4 Market Segmentation
1.4.1 Types of Lactic Acid & Poly Lactic Acid (PLA)
1.4.2 Applications of Lactic Acid & Poly Lactic Acid (PLA)
1.4.3 Research Regions
1.5 Market Dynamics
1.5.1 Lactic Acid & Poly Lactic Acid (PLA) Industry Trends
1.5.2 Lactic Acid & Poly Lactic Acid (PLA) Drivers
1.5.3 Lactic Acid & Poly Lactic Acid (PLA) Market Challenges
1.5.4 Lactic Acid & Poly Lactic Acid (PLA) Market Restraints
1.6 Industry News and Policies by Regions
1.6.1 Industry News
1.6.2 Industry Policies
1.7 Mergers & Acquisitions, Expansion Plans
1.8 Lactic Acid & Poly Lactic Acid (PLA) Industry Development Trends under COVID-19 Outbreak
1.8.1 Global COVID-19 Status Overview
1.8.2 Influence of COVID-19 Outbreak on Lactic Acid & Poly Lactic Acid (PLA) Industry Development

2 Industry Chain Analysis
2.1 Upstream Raw Material Supply and Demand Analysis
2.1.1 Global Lactic Acid & Poly Lactic Acid (PLA) Major Upstream Raw Material and Suppliers
2.1.2 Raw Material Source Analysis
2.2 Major Players of Lactic Acid & Poly Lactic Acid (PLA)
2.2.1 Major Players Manufacturing Base of Lactic Acid & Poly Lactic Acid (PLA) in 2020
2.2.2 Major Players Market Distribution in 2020
2.3 Lactic Acid & Poly Lactic Acid (PLA) Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Lactic Acid & Poly Lactic Acid (PLA)
2.3.3 Labor Cost of Lactic Acid & Poly Lactic Acid (PLA)
2.4 Market Channel Analysis of Lactic Acid & Poly Lactic Acid (PLA)
2.5 Major Down Stream Customers by Application

3 Global Lactic Acid & Poly Lactic Acid (PLA) Market, by Type
3.1 Global Lactic Acid & Poly Lactic Acid (PLA) Revenue and Market Share by Type (2019-2023)
3.2 Global Lactic Acid & Poly Lactic Acid (PLA) Production and Market Share by Type (2019-2023)
3.3 Global Lactic Acid & Poly Lactic Acid (PLA) Revenue and Growth Rate by Type (2019-2023)
3.3.1 Global Lactic Acid & Poly Lactic Acid (PLA) Revenue and Growth Rate of Lactic Acid
3.3.2 Global Lactic Acid & Poly Lactic Acid (PLA) Revenue and Growth Rate of Poly Lactic Acid (PLA)
3.4 Global Lactic Acid & Poly Lactic Acid (PLA) Price Analysis by Type (2019-2023)
3.4.1 Explanation of Different Type Product Price Trends

4 Lactic Acid & Poly Lactic Acid (PLA) Market, by Application
4.1 Downstream Market Overview
4.2 Global Lactic Acid & Poly Lactic Acid (PLA) Consumption and Market Share by Application (2019-2023)
4.3 Global Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate by Application (2019-2023)
4.3.1 Global Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate of Industrial applications (2019-2023)
4.3.2 Global Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate of Food and beverages (2019-2023)
4.3.3 Global Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate of Pharmaceuticals (2019-2023)
4.3.4 Global Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate of Personal care products (2019-2023)
4.3.5 Global Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate of Packaging (2019-2023)
4.3.6 Global Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate of Agriculture (2019-2023)
4.3.7 Global Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate of Electronics (2019-2023)
4.3.8 Global Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate of Textiles (2019-2023)
4.3.9 Global Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate of Others (2019-2023)

5 Global Lactic Acid & Poly Lactic Acid (PLA) Consumption, Revenue ($) by Region (2019-2023)
5.1 Global Lactic Acid & Poly Lactic Acid (PLA) Revenue and Market Share by Region (2019-2023)
5.2 Global Lactic Acid & Poly Lactic Acid (PLA) Consumption and Market Share by Region (2019-2023)
5.3 Global Lactic Acid & Poly Lactic Acid (PLA) Consumption, Revenue, Price and Gross Margin (2019-2023)
5.4 North America Lactic Acid & Poly Lactic Acid (PLA) Consumption, Revenue, Price and Gross Margin (2019-2023)
5.4.1 North America Lactic Acid & Poly Lactic Acid (PLA) Market Under COVID-19
5.4.2 North America Lactic Acid & Poly Lactic Acid (PLA) SWOT Analysis
5.5 Europe Lactic Acid & Poly Lactic Acid (PLA) Consumption, Revenue, Price and Gross Margin (2019-2023)
5.5.1 Europe Lactic Acid & Poly Lactic Acid (PLA) Market Under COVID-19
5.5.2 Europe Lactic Acid & Poly Lactic Acid (PLA) SWOT Analysis
5.6 China Lactic Acid & Poly Lactic Acid (PLA) Consumption, Revenue, Price and Gross Margin (2019-2023)
5.6.1 China Lactic Acid & Poly Lactic Acid (PLA) Market Under COVID-19
5.6.2 China Lactic Acid & Poly Lactic Acid (PLA) SWOT Analysis
5.7 Japan Lactic Acid & Poly Lactic Acid (PLA) Consumption, Revenue, Price and Gross Margin (2019-2023)
5.7.1 Japan Lactic Acid & Poly Lactic Acid (PLA) Market Under COVID-19
5.7.2 Japan Lactic Acid & Poly Lactic Acid (PLA) SWOT Analysis
5.8 Middle East and Africa Lactic Acid & Poly Lactic Acid (PLA) Consumption, Revenue, Price and Gross Margin (2019-2023)
5.8.1 Middle East and Africa Lactic Acid & Poly Lactic Acid (PLA) Market Under COVID-19
5.8.2 Middle East and Africa Lactic Acid & Poly Lactic Acid (PLA) SWOT Analysis
5.9 India Lactic Acid & Poly Lactic Acid (PLA) Consumption, Revenue, Price and Gross Margin (2019-2023)
5.9.1 India Lactic Acid & Poly Lactic Acid (PLA) Market Under COVID-19
5.9.2 India Lactic Acid & Poly Lactic Acid (PLA) SWOT Analysis
5.10 South America Lactic Acid & Poly Lactic Acid (PLA) Consumption, Revenue, Price and Gross Margin (2019-2023)
5.10.1 South America Lactic Acid & Poly Lactic Acid (PLA) Market Under COVID-19
5.10.2 South America Lactic Acid & Poly Lactic Acid (PLA) SWOT Analysis
5.11 South Korea Lactic Acid & Poly Lactic Acid (PLA) Consumption, Revenue, Price and Gross Margin (2019-2023)
5.11.1 South Korea Lactic Acid & Poly Lactic Acid (PLA) Market Under COVID-19
5.11.2 South Korea Lactic Acid & Poly Lactic Acid (PLA) SWOT Analysis
5.12 Southeast Asia Lactic Acid & Poly Lactic Acid (PLA) Consumption, Revenue, Price and Gross Margin (2019-2023)
5.12.1 Southeast Asia Lactic Acid & Poly Lactic Acid (PLA) Market Under COVID-19
5.12.2 Southeast Asia Lactic Acid & Poly Lactic Acid (PLA) SWOT Analysis

6 Global Lactic Acid & Poly Lactic Acid (PLA) Production by Top Regions (2019-2023)
6.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production by Top Regions (2019-2023)
6.2 North America Lactic Acid & Poly Lactic Acid (PLA) Production and Growth Rate
6.3 Europe Lactic Acid & Poly Lactic Acid (PLA) Production and Growth Rate
6.4 China Lactic Acid & Poly Lactic Acid (PLA) Production and Growth Rate
6.5 Japan Lactic Acid & Poly Lactic Acid (PLA) Production and Growth Rate
6.6 India Lactic Acid & Poly Lactic Acid (PLA) Production and Growth Rate

7 Global Lactic Acid & Poly Lactic Acid (PLA) Consumption by Regions (2019-2023)
7.1 Global Lactic Acid & Poly Lactic Acid (PLA) Consumption by Regions (2019-2023)
7.2 North America Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate
7.3 Europe Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate
7.4 China Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate
7.5 Japan Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate
7.6 Middle East & Africa Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate
7.7 India Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate
7.8 South America Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate
7.9 South Korea Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate
7.10 Southeast Asia Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate

8 Competitive Landscape
8.1 Competitive Profile
8.2 The Dow Chemical Company Market Performance Analysis
8.2.1 Company Profiles
8.2.2 Lactic Acid & Poly Lactic Acid (PLA) Product Profiles, Application and Specification
8.2.3 The Dow Chemical Company Sales, Revenue, Price, Gross Margin 2019-2023
8.2.4 Company Recent Development
8.2.5 Strategies for Company to Deal with the Impact of COVID-19
8.3 BASF SE Market Performance Analysis
8.3.1 Company Profiles
8.3.2 Lactic Acid & Poly Lactic Acid (PLA) Product Profiles, Application and Specification
8.3.3 BASF SE Sales, Revenue, Price, Gross Margin 2019-2023
8.3.4 Company Recent Development
8.3.5 Strategies for Company to Deal with the Impact of COVID-19
8.4 Weforyou GmbH Market Performance Analysis
8.4.1 Company Profiles
8.4.2 Lactic Acid & Poly Lactic Acid (PLA) Product Profiles, Application and Specification
8.4.3 Weforyou GmbH Sales, Revenue, Price, Gross Margin 2019-2023
8.4.4 Company Recent Development
8.4.5 Strategies for Company to Deal with the Impact of COVID-19
8.5 Danimer Scientific LLC Market Performance Analysis
8.5.1 Company Profiles
8.5.2 Lactic Acid & Poly Lactic Acid (PLA) Product Profiles, Application and Specification
8.5.3 Danimer Scientific LLC Sales, Revenue, Price, Gross Margin 2019-2023
8.5.4 Company Recent Development
8.5.5 Strategies for Company to Deal with the Impact of COVID-19
8.6 Cargill, Inc. Market Performance Analysis
8.6.1 Company Profiles
8.6.2 Lactic Acid & Poly Lactic Acid (PLA) Product Profiles, Application and Specification
8.6.3 Cargill, Inc. Sales, Revenue, Price, Gross Margin 2019-2023
8.6.4 Company Recent Development
8.6.5 Strategies for Company to Deal with the Impact of COVID-19
8.7 Futerro SA Market Performance Analysis
8.7.1 Company Profiles
8.7.2 Lactic Acid & Poly Lactic Acid (PLA) Product Profiles, Application and Specification
8.7.3 Futerro SA Sales, Revenue, Price, Gross Margin 2019-2023
8.7.4 Company Recent Development
8.7.5 Strategies for Company to Deal with the Impact of COVID-19
8.8 Henan Jindan Lactic Acid Technology Co., Ltd Market Performance Analysis
8.8.1 Company Profiles
8.8.2 Lactic Acid & Poly Lactic Acid (PLA) Product Profiles, Application and Specification
8.8.3 Henan Jindan Lactic Acid Technology Co., Ltd Sales, Revenue, Price, Gross Margin 2019-2023
8.8.4 Company Recent Development
8.8.5 Strategies for Company to Deal with the Impact of COVID-19
8.9 Archer Daniels Midland Company Market Performance Analysis
8.9.1 Company Profiles
8.9.2 Lactic Acid & Poly Lactic Acid (PLA) Product Profiles, Application and Specification
8.9.3 Archer Daniels Midland Company Sales, Revenue, Price, Gross Margin 2019-2023
8.9.4 Company Recent Development
8.9.5 Strategies for Company to Deal with the Impact of COVID-19
8.10 Synbra Technology bv Market Performance Analysis
8.10.1 Company Profiles
8.10.2 Lactic Acid & Poly Lactic Acid (PLA) Product Profiles, Application and Specification
8.10.3 Synbra Technology bv Sales, Revenue, Price, Gross Margin 2019-2023
8.10.4 Company Recent Development
8.10.5 Strategies for Company to Deal with the Impact of COVID-19
8.11 Galactic Market Performance Analysis
8.11.1 Company Profiles
8.11.2 Lactic Acid & Poly Lactic Acid (PLA) Product Profiles, Application and Specification
8.11.3 Galactic Sales, Revenue, Price, Gross Margin 2019-2023
8.11.4 Company Recent Development
8.11.5 Strategies for Company to Deal with the Impact of COVID-19
8.12 Cellulac Market Performance Analysis
8.12.1 Company Profiles
8.12.2 Lactic Acid & Poly Lactic Acid (PLA) Product Profiles, Application and Specification
8.12.3 Cellulac Sales, Revenue, Price, Gross Margin 2019-2023
8.12.4 Company Recent Development
8.12.5 Strategies for Company to Deal with the Impact of COVID-19
8.13 Zhejiang Hisun Biomaterials Co., Ltd Market Performance Analysis
8.13.1 Company Profiles
8.13.2 Lactic Acid & Poly Lactic Acid (PLA) Product Profiles, Application and Specification
8.13.3 Zhejiang Hisun Biomaterials Co., Ltd Sales, Revenue, Price, Gross Margin 2019-2023
8.13.4 Company Recent Development
8.13.5 Strategies for Company to Deal with the Impact of COVID-19
8.14 Corbion Purac Market Performance Analysis
8.14.1 Company Profiles
8.14.2 Lactic Acid & Poly Lactic Acid (PLA) Product Profiles, Application and Specification
8.14.3 Corbion Purac Sales, Revenue, Price, Gross Margin 2019-2023
8.14.4 Company Recent Development
8.14.5 Strategies for Company to Deal with the Impact of COVID-19
8.15 NatureWorks LLC Market Performance Analysis
8.15.1 Company Profiles
8.15.2 Lactic Acid & Poly Lactic Acid (PLA) Product Profiles, Application and Specification
8.15.3 NatureWorks LLC Sales, Revenue, Price, Gross Margin 2019-2023
8.15.4 Company Recent Development
8.15.5 Strategies for Company to Deal with the Impact of COVID-19

9 Global Lactic Acid & Poly Lactic Acid (PLA) Market Analysis and Forecast by Type and Application
9.1 Global Lactic Acid & Poly Lactic Acid (PLA) Market Revenue & Volume Forecast, by Type (2021-2026)
9.1.1 Lactic Acid Market Revenue and Volume Forecast (2021-2026)
9.1.2 Poly Lactic Acid (PLA) Market Revenue and Volume Forecast (2021-2026)
9.2 Global Lactic Acid & Poly Lactic Acid (PLA) Market Revenue & Volume Forecast, by Application (2021-2026)
9.2.1 Industrial applications Market Revenue and Volume Forecast (2021-2026)
9.2.2 Food and beverages Market Revenue and Volume Forecast (2021-2026)
9.2.3 Pharmaceuticals Market Revenue and Volume Forecast (2021-2026)
9.2.4 Personal care products Market Revenue and Volume Forecast (2021-2026)
9.2.5 Packaging Market Revenue and Volume Forecast (2021-2026)
9.2.6 Agriculture Market Revenue and Volume Forecast (2021-2026)
9.2.7 Electronics Market Revenue and Volume Forecast (2021-2026)
9.2.8 Textiles Market Revenue and Volume Forecast (2021-2026)
9.2.9 Others Market Revenue and Volume Forecast (2021-2026)

10 Lactic Acid & Poly Lactic Acid (PLA) Market Supply and Demand Forecast by Region
10.1 North America Market Supply and Demand Forecast (2021-2026)
10.2 Europe Market Supply and Demand Forecast (2021-2026)
10.3 China Market Supply and Demand Forecast (2021-2026)
10.4 Japan Market Supply and Demand Forecast (2021-2026)
10.5 Middle East and Africa Market Supply and Demand Forecast (2021-2026)
10.6 India Market Supply and Demand Forecast (2021-2026)
10.7 South America Market Supply and Demand Forecast (2021-2026)
10.8 South Korea Market Supply and Demand Forecast (2021-2026)
10.9 Southeast Asia Market Supply and Demand Forecast (2021-2026)
10.10 Explanation of Market Size Trends by Region
10.11 Lactic Acid & Poly Lactic Acid (PLA) Market Trends Analysis

11 New Project Feasibility Analysis
11.1 Industry Barriers and New Entrants SWOT Analysis
11.2 Analysis and Suggestions on New Project Investment

12 Expert Interview Record
13 Research Finding and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Data Source
 

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