The analysts forecast global polylactic acid market to grow at a CAGR of 19.99% during the period 2017-2021. This report covers the present scenario and the growth prospects of the global polylactic acid market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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PLA is a bioplastic that is biodegradable in nature. It is derived from renewable sources such as sugarcane and corn starch. Its manufacturing process includes condensation and polymerization. It is widely used for packaging in the food and beverage industry. It is also used for various applications such as biodegradable polymers, food and beverages, medical and pharmaceutical, and personal care.

This report, Global Polylactic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key Vendors
• BASF
• Corbion
• NatureWorks
• Synbra Technology bv

Other Prominent Vendors
• Exxon Mobil
• The Dow Chemical company
• DuPont
• Futerro
• Galactic
• Henan Jindan Lactic Acid Technology

Market Driver
• Easy availability of raw materials
• For a full, detailed list, view our report

Market Challenge
• Lack of consumer awareness and acceptance
• For a full, detailed list, view our report

Market Trend
• Increasing use of PLA by automotive manufacturers
• For a full, detailed list, view our report

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