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市场调查报告书
商品编码
1541592

2024-2032 年按原料（玉米、甘蔗和甜菜、木薯等）、最终用途行业（包装、农业、汽车和运输、电子、纺织品等）和地区分類的聚乳酸 (PLA) 市场报告

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个工作天内

价格

2023年全球聚乳酸（PLA）IMARC Group规模达9.934亿美元。对永续包装解决方案的需求不断增长，加上可生物降解缝合线、药物输送系统和骨科植入物的产量不断增加，是推动市场成长的关键因素。此外，人们对一次性塑胶替代品的认识不断提高，进一步推动了市场的发展。

聚乳酸（PLA）市场分析：

主要市场驱动因素：聚乳酸（PLA）市场份额的主要驱动因素包括消费者对环保和永续产品的需求不断增长、强调使用生物可降解材料的支持性政府法规、PLA生产技术的重大创新以及就业人口的不断增长。此外，环保意识的增强和减少碳足迹的持续努力也极大地促进了对PLA的需求。

主要市场趋势：针对各种应用的高性能 PLA 牌号的开发、製造商和研究机构之间的合作不断加强以及 PLA 回收技术的进步代表了聚乳酸 (PLA) 市场报告中的一些主要趋势。由于 PLA 的生物相容性和多功能性，人们越来越倾向于在 3D 列印和积层製造中使用 PLA。全球聚乳酸产能的扩张反映了对这种永续聚合物的需求和投资的不断增长。

地理趋势：北美由于高度重视永续性、广泛的研发 (R&D) 活动以及支持性监管框架而引领市场。该地区拥有强大的生物技术和绿色化学基础设施，促进了 PLA 生产和应用的创新。此外，主要 PLA 製造商的存在，加上消费者对环保产品日益增长的偏好，推动了该地区的市场成长。

竞争格局：聚乳酸（PLA）产业的主要市场参与者包括巴斯夫、中粮集团、赢创工业股份公司、Futerro、江苏苏普拉生物塑胶有限公司、江西科源生物材料有限公司、三井化学有限公司.、NatureWorks LLC（嘉吉公司）、上海同杰良生物材料有限公司及 Total Corbion PLA 等。

挑战与机会：聚乳酸 (PLA) 未来前景的机会包括包装、农业和生物医学领域应用的扩大，以及生产技术和回收过程的进步。挑战包括与传统塑胶相比生产成本较高、热性能和机械性能有限以及需要改进堆肥和回收基础设施。透过创新和支持政策来应对这些挑战可以显着增强 PLA 市场的成长潜力。

聚乳酸（PLA）市场趋势：

环境永续性问题日益严重

PLA 市场的主要驱动力是全球对环境永续性的日益关注。 PLA 是一种可生物降解和可堆肥的聚合物，源自于玉米淀粉和甘蔗等可再生资源，为传统塑胶提供了绿色替代品。据联合国环境规划署称，世界正面临严重的塑胶污染危机。每分钟就有 100 万个塑胶瓶被购买，每年塑胶袋的使用量高达 5 兆个。生产的塑胶有一半是一次性的，造成了严重的环境破坏。每年产生约 4 亿吨塑胶废弃物，其中 36% 用于包装，85% 最终进入垃圾掩埋场或作为不受管制的废弃物。全球 70 亿吨塑胶垃圾中，只有不到 10% 得到了回收。到 2050 年，塑胶产量预计将达到 11 亿吨，除非实施系统性变革，否则污染将会加剧。因此，随着消费者和产业寻求环保解决方案以减少碳足迹和减轻环境破坏，人们对塑胶污染和传统塑胶对生态系统有害影响的认识不断提高，推动了对 PLA 的需求。

支持性政府法规

推动生物降解材料使用的严格政府法规和政策显着促进了PLA市场的成长。各国政府正在实施一次性塑胶禁令，并鼓励使用永续替代方案。例如，法国和印度政府已承诺消除效用低且可能造成垃圾的一次性塑胶产品。塑胶垃圾污染是一个全球性问题，每年产生4亿吨塑料，其中1000万吨最终流入海洋。法国和印度的目标是透过实施禁令和推广替代品来逐步淘汰这些塑胶。法国于2021 年禁止使用多种一次性塑料，并目标到2040 年终止所有一次性塑料包装。实行生产者延伸责任(EPR)。两国将与其他国家合作制定具有法律约束力的国际协议，以结束塑胶污染。这些监管框架迫使业界采用 PLA 等生物塑胶来遵守环境标准。

重大技术进步

PLA 生产技术的进步是市场的关键驱动力。改进的製造流程增强了 PLA 的性能，使其与传统塑胶相比更具竞争力。高性能 PLA 牌号和高效回收技术等创新扩大了其在包装、农业、纺织和生物医学领域的应用范围。技术进步降低了生产成本，提高了可扩展性，并提高了 PLA 的整体性能和功能，推动了其在各个行业的采用。例如，2023 年4 月，领先的PLA 生物聚合物製造商NatureWorks 与全球製造解决方案提供商Jabil Inc. 合作，推出了一种新型Ingeo™ PLA 基粉末，用于粉末床熔融技术，包括选择性激光烧结(SLS)印表机平台。该产品的销售名称为 Jabil PLA 3110P，提供了一种经济高效的解决方案，与 PA-12 相比，其烧结温度更低，碳足迹减少了 89%。 Ingeo PLA 源自于每年可再生的资源，满足了对 PA-12 等石化粉末的生物基替代品的需求，使其成为 3D 列印更永续的选择。

聚乳酸 (PLA) 市场区隔：

IMARC Group提供了每个细分市场的主要趋势分析，以及 2024-2032 年全球、区域和国家层面的预测。我们的报告根据原材料和最终用途行业对市场进行了分类。

按原料划分：

玉米

甘蔗和甜菜

木薯

其他的

玉米占大部分市场份额

该报告根据原材料对市场进行了详细的细分和分析。这包括玉米、甘蔗、甜菜、木薯等。报告称，玉米是最大的细分市场。

玉米占据了聚乳酸 (PLA) 市场的大部分份额，主要是因为其作为原料的供应充足且具有成本效益。玉米淀粉很容易转化为糖，然后发酵聚合生成PLA。成熟的玉米生产农业基础设施确保了稳定且可扩展的供应链，使其成为 PLA 製造的首选原料。此外，在 PLA 生产中使用玉米符合永续发展目标，因为它是一种可再生资源。这些因素共同使玉米成为 PLA 的主要来源，推动其广泛应用于包装、纺织品和生物医学产品等各种应用。

依最终用途行业细分：

包装

农业

汽车和运输

电子产品

纺织品

其他的

包装产业占有率最大

报告还提供了基于最终用途行业的详细市场细分和分析。这包括包装、农业、汽车和运输、电子、纺织等。报告称，包装占据最大的市场份额。

与传统塑胶相比，包装由于其可生物降解性、可持续性以及减少碳足迹的能力，占据了聚乳酸 (PLA) 市场的大部分份额。消费者意识的不断提高和减少塑胶废物的监管压力推动了对环保包装解决方案的需求。 PLA 的透明度、刚性和可堆肥性等特性使其成为食品包装、一次性餐具和容器的理想选择。此外，PLA 生产的进步提高了其成本效益和性能，进一步促进了其在包装行业的采用。随着企业和消费者越来越重视永续实践，PLA 包装继续获得巨大的市场吸引力。

按地区划分：

北美洲

美国

加拿大

亚太

中国

日本

印度

韩国

澳洲

印尼

其他的

欧洲

德国

法国

英国

义大利

西班牙

俄罗斯

其他的

拉丁美洲

巴西

墨西哥

其他的

中东和非洲

北美市场领先，占据最大的聚乳酸（PLA）市场份额

该报告还对所有主要区域市场进行了全面分析，其中包括北美（美国和加拿大）；欧洲（德国、法国、英国、义大利、西班牙、俄罗斯等）；亚太地区（中国、日本、印度、韩国、澳洲、印尼等）；拉丁美洲（巴西、墨西哥等）；以及中东和非洲。报告称，北美是聚乳酸（PLA）最大的区域市场。

北美由于高度重视永续性和先进的研发基础设施，在 PLA 市场份额中占据领先地位。该地区受益于鼓励使用生物可降解材料、促进聚乳酸生产和应用创新的支持性监管框架。主要 PLA 製造商和生物技术公司的存在增强了生产能力和市场渗透率。此外，北美消费者越来越喜欢环保产品，推动了需求。对生物塑胶技术和基础设施的大量投资进一步巩固了北美在 PLA 市场的领先地位。监管支援、消费者需求和行业创新的结合使北美成为该领域的主导者。

例如，2023年9月，美国生物聚合物製造商Danimer Scientific与雪佛龙公司和飞利浦6共同拥有的石化公司Chevron Phillips Chemical宣布合作，利用Danimer的Rinnovo聚合物开发大批量可生物降解塑胶产品。此次合作旨在利用 Danimer 在 PLA 生物塑胶方面的专业知识来增强市场占有率并满足对永续包装替代品不断增长的需求。

竞争格局：

市场研究报告也对市场竞争格局进行了全面分析。也提供了所有主要公司的详细资料。聚乳酸（PLA）产业的一些主要市场参与者包括巴斯夫、中粮集团、赢创工业股份公司、Futerro、江苏苏普拉生物塑胶有限公司、江西科源生物材料有限公司、三井化学株式会社、 NatureWorks LLC (Cargill Incorporated)、上海同杰良生物材料有限公司、Total Corbion PLA等

（请注意，这只是关键参与者的部分列表，报告中提供了完整列表。）

聚乳酸 (PLA) 市场的竞争分析揭示了由几个主要参与者主导的格局。这些公司大力投资研发，以改善 PLA 性能并扩大其应用。该市场的特点是透过策略合作、合併和收购来增强产品组合和地理覆盖范围。例如，2022 年 11 月，韩国 CJ CheilJedang 的子公司、领先的聚羟基脂肪酸酯 (PHA) 生产商 CJ Biomaterials, Inc. 与全球领先的聚乳酸生产商 NatureWorks 签署了主合作协议 (MCA) （解放军）。此次合作将专注于创建高性能生物聚合物解决方案，以取代各种应用中的化石燃料塑料，包括可堆肥食品包装、食品服务用具、个人护理产品、薄膜和其他最终产品。

此外，新兴企业正专注于利基应用和永续实践，以求脱颖而出。例如，2023 年 3 月，TotalEnergies Corbion、POSCO International 和 ESOL 宣布建立合作伙伴关係，在韩国开发 PLA 回收基础设施和技术。该倡议将在未来几年支持韩国政府的碳中和框架。 POSCO International 将监督并资助该项目，而 ESOL 将负责回收和处理消费后回收 (PCR) PLA 废弃物，以推进 PLA 的收集、分类、清洁和再加工技术。 TotalEnergies Corbion 将贡献先进 PLA 回收的专业知识。有竞争力的价格、技术进步和监管合规性是影响市场定位的关键因素。市场的动态性质鼓励不断改进和适应，以满足不断变化的消费者需求和环境标准。

聚乳酸 (PLA) 市场新闻：

2023年9月，巴斯夫宣布推出生物质平衡塑胶添加剂，支持使用再生原料取代化石原料，以实现永续发展目标。首批产品，包括 Irganox(R) 1010 BMBcert(TM) 和 Irganox(R) 1076 FD BMBcert(TM)，已根据国际永续发展和碳认证 (ISCC PLUS) 获得 TUV Nord 的品质平衡认证。这些产业首创的解决方案支持使用再生原料取代化石原料，并帮助巴斯夫的客户实现其永续发展目标。

2023年9月，赢创工业股份公司与LEHVOSS集团建立策略合作伙伴关係，为工业3D列印在汽车领域的新应用开闢道路。透过这种合作关係，LEHVOSS 打算简化为客户开发创新和客製化产品的流程。

本报告回答的关键问题

  • 2023年全球聚乳酸（PLA）市场规模为何
  • 2024-2032年全球聚乳酸（PLA）市场的预期成长率是多少
  • 推动全球聚乳酸（PLA）市场的关键因素是什么
  • COVID-19 对全球聚乳酸 (PLA) 市场有何影响
  • 全球聚乳酸（PLA）市场按原料划分是怎样的
  • 基于最终用途行业的全球聚乳酸 (PLA) 市场的细分情况如何
  • 全球聚乳酸（PLA）市场的重点地区有哪些
  • 谁是全球聚乳酸 (PLA) 市场的主要参与者/公司

本报告回答的关键问题

  • 2023年全球聚乳酸（PLA）市场规模？ 2024-2032年全球聚乳酸（PLA）市场的预期成长率为何？
  • 推动全球聚乳酸（PLA）市场的关键因素是什么？
  • COVID-19 对全球聚乳酸 (PLA) 市场有何影响？
  • 全球聚乳酸 (PLA) 市场按原料划分如何？
  • 基于最终用途产业的全球聚乳酸 (PLA) 市场的细分情况如何？
  • 全球聚乳酸（PLA）市场的主要地区有哪些？
  • 全球聚乳酸 (PLA) 市场的主要参与者/公司有哪些？

目录

第一章：前言

第 2 章：范围与方法

  • 研究目的
  • 利害关係人
  • 数据来源
    • 主要来源
    • 二手资料
  • 市场预测
    • 自下而上的方法
    • 自上而下的方法
  • 预测方法

第 3 章：执行摘要

第 4 章：简介

  • 概述
  • 主要行业趋势

第 5 章：全球聚乳酸 (PLA) 市场

  • 市场概况
  • 市场表现
  • COVID-19 的影响
  • 市场预测

第 6 章：市场区隔：依原料

  • 玉米
    • 市场趋势
    • 市场预测
  • 甘蔗和甜菜
    • 市场趋势
    • 市场预测
  • 木薯
    • 市场趋势
    • 市场预测
  • 其他的
    • 市场趋势
    • 市场预测

第 7 章：市场区隔：依最终用途产业

  • 包装
    • 市场趋势
    • 市场预测
  • 农业
    • 市场趋势
    • 市场预测
  • 汽车和运输
    • 市场趋势
    • 市场预测
  • 电子产品
    • 市场趋势
    • 市场预测
  • 纺织品
    • 市场趋势
    • 市场预测
  • 其他的
    • 市场趋势
    • 市场预测

第 8 章：市场区隔：按地区

  • 北美洲
    • 美国
    • 加拿大
  • 亚太
    • 中国
    • 日本
    • 印度
    • 韩国
    • 澳洲
    • 印尼
    • 其他的
  • 欧洲
    • 德国
    • 法国
    • 英国
    • 义大利
    • 西班牙
    • 俄罗斯
    • 其他的
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他的
  • 中东和非洲
    • 市场趋势
    • 市场细分：按国家/地区
    • 市场预测

第 9 章：SWOT 分析

  • 概述
  • 优势
  • 弱点
  • 机会
  • 威胁

第 10 章：价值链分析

第 11 章：波特五力分析

  • 概述
  • 买家的议价能力
  • 供应商的议价能力
  • 竞争程度
  • 新进入者的威胁
  • 替代品的威胁

第 12 章：价格分析

第13章：竞争格局

  • 市场结构
  • 关键参与者
  • 关键参与者简介
    • 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