North American Polylactic Acid (PLA) Market is expected to grow at a CAGR of around 16.6% during the forecast period. North America is one of the major markets in global PLA market. There is a wide application area of PLA in polymers which are being used as a substitute in major industries of the region such as automobile, medical, food packaging, electronics, aerospace, agriculture industry, and others. PLA is being used as one of the best biodegradable polymers for these applications. The polymer has remarkable chemical and mechanical properties to be used as a renewable and economical substitute for convention plastic parts.
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PLA polymers are being used in the automobile industry to manufacture air filter part, interior trim parts for aesthetic purpose and other interior and exterior parts of the automotive body. With the growth in automobile, food packaging, medical and agriculture industry of the region, the adoption is being reported in the US and Canada for PLA polymers. The automotive sector is one of the major sectors contributing to the PLA market in North America.
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North American PLA Market Segmentation
By Raw Material
Corn-based PLA
Sugar-based PLA
Cassava-based PLA
Others
By Application
Packaging
Construction Material
Catering and Tableware
Agricultural Material
Consumer Goods
Electronic Material
Automobile
Others
Regional Analysis
United States
Canada
Company Profiles
BASF SE
Corbion N.V.
DuPont de Nemours, Inc.
Merck KGaA
MiniFIBERS, Inc.
Mitsubishi Gas Chemical Co., Inc.
NatureWorks LLC
RTP Co.
Sulzer Ltd.
Toray Industries, Inc.
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