The Polylactic Acid Global Market Report 2023, provides comprehensive information on the polylactic acid market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Polylactic Acid Global Market Report 2023, the global polylactic acid market size is expected to grow from $1.15 billion in 2022 to $1.36 billion in 2023 at a compound annual growth rate (CAGR) of 18.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the polylactic acid market is expected to reach $2.62 billion in 2027 at a CAGR of 17.8%.

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The polylactic acid market is segmented:
1) By Type: Racemic PLLA, PDLA, Regular PLLA, PDLLA, and PLA Blends
2) By Raw Material: Corn Starch, Sugarcane and Sugar Beet, Cassava, Other Raw Materials
3) By Form: Films and Sheets, Coatings, Fiber, Other Forms
4) By Application: Packaging, Agriculture, Transport, Electronics, Textiles
North America was the largest region in the polylactic acid market in 2022.

The table of contents in TBRC’s polylactic acid market report includes:
1. Executive Summary
2. Polylactic Acid Market Characteristics
3. Polylactic Acid Market Trends And Strategies
4. Polylactic Acid Market - Macro Economic Scenario
5. Polylactic Acid Market Size And Growth
……
26. Africa Polylactic Acid Market
27. Polylactic Acid Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Polylactic Acid Market
29. Polylactic Acid Market Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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