Industry: Chemical & Material
Published Date: 2024-09-25
Pages: 128 Pages
Report ld: 3328384
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Bio-Polylactic Acid (PLA) Market Size(US$)

CAGR 2024-2030
3.6%
Market Size,2030
USD 1,444
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
Polylactic acid (PLA) is an aliphatic polyester made up of lactic acid (2-hydroxy propionic acid) building blocks. It is also a biodegradable and compostable thermoplastic derived from renewable plant sources, such as starch and sugar.
The global Bio-Polylactic Acid (PLA) revenue was US$ 1127 million in 2023 and is forecast to a readjusted size of US$ 1444 million by 2030 with a CAGR of 3.6% during the review period (2024-2030).
In China the Bio-Polylactic Acid (PLA) revenue is expected to grow from US$ million in 2023 to US$ million by 2030, at a CAGR of % during the forecast period (2024-2030).
This report focuses on global and China Bio-Polylactic Acid (PLA) market, also covers the segmentation data of other regions in regional level and county level.
The increasing global focus on sustainability, environmental regulations, and consumer preferences for eco-friendly products is a major driver for PLA demand. PLA is biodegradable, compostable, and derived from renewable sources (like corn starch or sugarcane), positioning it as an alternative to traditional petroleum-based plastics. Many governments are introducing stringent regulations to reduce plastic waste, promoting the use of biodegradable materials like PLA. For instance, bans on single-use plastics and incentives for using bio-based materials help fuel PLA market growth.
The packaging industry is one of the largest consumers of PLA due to its biodegradability and compostability. Food packaging, in particular, benefits from PLA's properties, aligning with increasing consumer demand for sustainable packaging in retail and food service sectors.
Advancements in production technologies are lowering the costs and improving the mechanical properties of PLA, making it competitive with conventional plastics in various applications. Continuous R&D into enhanced PLA blends and composites is expanding its use in more demanding applications.
Currently, the biggest technical barrier for the polylactic acid industry is the production of lactide. Impacted by the supply of lactide, Chinese polylactic acid manufacturers can't release production capacity quickly.
Bio-Polylactic Acid (PLA) market is segmented in regional and country level, by players, by Type, and by Application. Companies, stakeholders, and other participants in the global Bio-Polylactic Acid (PLA) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2019-2030.
For China market, this report focuses on the Bio-Polylactic Acid (PLA) market size by players, by Type, and by Application, for the period 2019-2030. The key players include the global and local players which play important roles in China.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces Bio-Polylactic Acid (PLA) definition, global sales (volume and revenue), China market size, China percentage in global market. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Provides the analysis of various market segments by Type, covering the volume, price, revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by Application, covering the revenue, price, volume, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4: Detailed analysis of Bio-Polylactic Acid (PLA) companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Revenue and volume of Bio-Polylactic Acid (PLA) in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 6: Americas by Type, by Application and by country, sales, and revenue for each segment.
Chapter 7: EMEA by Type, by Application and by region, sales, and revenue for each segment.
Chapter 8: China by Type, and by Application, sales, and revenue for each segment.
Chapter 9: APAC (excluding China) by Type, by Application and by region, sales, and revenue for each segment.
Chapter 10: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Bio-Polylactic Acid (PLA) sales, revenue, gross margin, and recent development, etc.
Chapter 11: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 12: research findings and conclusion
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
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TABLE OF CONTENTS
1 Study Coverage
1.1 Bio-Polylactic Acid (PLA) Product Introduction
1.2 Global Bio-Polylactic Acid (PLA) Outlook 2019 VS 2023 VS 2030
1.2.1 Global Bio-Polylactic Acid (PLA) Sales in US$ Million for the Year 2019-2030
1.2.2 Global Bio-Polylactic Acid (PLA) Sales in Volume for the Year 2019-2030
1.3 China Bio-Polylactic Acid (PLA) Outlook 2019 VS 2023 VS 2030
1.3.1 China Bio-Polylactic Acid (PLA) Sales in US$ Million for the Year 2019-2030
1.3.2 China Bio-Polylactic Acid (PLA) Sales in Volume for the Year 2019-2030
1.4 Bio-Polylactic Acid (PLA) Market Size, China VS Global, 2019 VS 2023 VS 2030
1.4.1 The Market Share of China Bio-Polylactic Acid (PLA) in Global, 2019 VS 2023 VS 2030
1.4.2 The Growth Rate of Bio-Polylactic Acid (PLA) Market Size, China VS Global, 2019 VS 2023 VS 2030
1.5 Bio-Polylactic Acid (PLA) Market Dynamics
1.5.1 Bio-Polylactic Acid (PLA) Industry Trends
1.5.2 Bio-Polylactic Acid (PLA) Market Drivers
1.5.3 Bio-Polylactic Acid (PLA) Market Challenges
1.5.4 Bio-Polylactic Acid (PLA) Market Restraints
1.6 Assumptions and Limitations
1.7 Study Objectives
1.8 Years Considered
2 Bio-Polylactic Acid (PLA) by Type
2.1 Bio-Polylactic Acid (PLA) Market by Type
2.1.1 Injection Molding Grade
2.1.2 Film Grade
2.1.3 Sheet Grade
2.1.4 Fiber Grade
2.1.5 Other
2.2 Global Bio-Polylactic Acid (PLA) Market Size by Type
2.2.1 Global Bio-Polylactic Acid (PLA) Sales in Value, by Type (2019, 2023 & 2030)
2.2.2 Global Bio-Polylactic Acid (PLA) Sales in Volume, by Type (2019, 2023 & 2030)
2.2.3 Global Bio-Polylactic Acid (PLA) Average Selling Price (ASP) by Type (2019, 2023 & 2030)
2.3 China Bio-Polylactic Acid (PLA) Market Size by Type
2.3.1 China Bio-Polylactic Acid (PLA) Sales in Value, by Type (2019, 2023 & 2030)
2.3.2 China Bio-Polylactic Acid (PLA) Sales in Volume, by Type (2019, 2023 & 2030)
2.3.3 China Bio-Polylactic Acid (PLA) Average Selling Price (ASP) by Type (2019, 2023 & 2030)
3 Bio-Polylactic Acid (PLA) by Application
3.1 Bio-Polylactic Acid (PLA) Market by Application
3.1.1 Tableware and Utensils
3.1.2 Food and Beverage Packaging
3.1.3 Electronics and Electrical Appliances
3.1.4 Medical Care
3.1.5 3D Printing Consumables
3.1.6 Other
3.2 Global Bio-Polylactic Acid (PLA) Market Size by Application
3.2.1 Global Bio-Polylactic Acid (PLA) Sales in Value, by Application (2019, 2023 & 2030)
3.2.2 Global Bio-Polylactic Acid (PLA) Sales in Volume, by Application (2019, 2023 & 2030)
3.2.3 Global Bio-Polylactic Acid (PLA) Average Selling Price (ASP) by Application (2019, 2023 & 2030)
3.3 China Bio-Polylactic Acid (PLA) Market Size by Application
3.3.1 China Bio-Polylactic Acid (PLA) Sales in Value, by Application (2019, 2023 & 2030)
3.3.2 China Bio-Polylactic Acid (PLA) Sales in Volume, by Application (2019, 2023 & 2030)
3.3.3 China Bio-Polylactic Acid (PLA) Average Selling Price (ASP) by Application (2019, 2023 & 2030)
4 Global Bio-Polylactic Acid (PLA) Competitor Landscape by Company
4.1 Global Bio-Polylactic Acid (PLA) Market Size by Company
4.1.1 Global Key Manufacturers of Bio-Polylactic Acid (PLA), Ranked by Revenue (2023)
4.1.2 Global Bio-Polylactic Acid (PLA) Revenue by Manufacturer (2019-2024)
4.1.3 Global Bio-Polylactic Acid (PLA) Sales by Manufacturer (2019-2024)
4.1.4 Global Bio-Polylactic Acid (PLA) Price by Manufacturer (2019-2024)
4.2 Global Bio-Polylactic Acid (PLA) Concentration Ratio (CR)
4.2.1 Bio-Polylactic Acid (PLA) Market Concentration Ratio (CR) (2019-2024)
4.2.2 Global Top 5 and Top 10 Largest Manufacturers of Bio-Polylactic Acid (PLA) in 2023
4.2.3 Global Bio-Polylactic Acid (PLA) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.3 Global Key Manufacturers of Bio-Polylactic Acid (PLA), Manufacturing Base Distribution and Headquarters
4.4 Global Key Manufacturers of Bio-Polylactic Acid (PLA), Product Offered and Application
4.5 Global Key Manufacturers of Bio-Polylactic Acid (PLA), Date of Enter into This Industry
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
4.7 China Bio-Polylactic Acid (PLA) Market Size by Company
4.7.1 Key Players of Bio-Polylactic Acid (PLA) in China, Ranked by Revenue (2023)
4.7.2 China Bio-Polylactic Acid (PLA) Revenue by Players (2019-2024)
4.7.3 China Bio-Polylactic Acid (PLA) Sales by Players (2019-2024)
5 Global Bio-Polylactic Acid (PLA) Market Size by Region
5.1 Global Bio-Polylactic Acid (PLA) Market Size by Region: 2019 VS 2023 VS 2030
5.2 Global Bio-Polylactic Acid (PLA) Market Size in Volume by Region (2019-2030)
5.2.1 Global Bio-Polylactic Acid (PLA) Sales in Volume by Region: 2019-2024
5.2.2 Global Bio-Polylactic Acid (PLA) Sales in Volume Forecast by Region (2025-2030)
5.3 Global Bio-Polylactic Acid (PLA) Market Size in Value by Region (2019-2030)
5.3.1 Global Bio-Polylactic Acid (PLA) Sales in Value by Region: 2019-2024
5.3.2 Global Bio-Polylactic Acid (PLA) Sales in Value by Region: 2025-2030
6 Americas
6.1 Americas Bio-Polylactic Acid (PLA) Market Size YoY Growth 2019-2030
6.2 Americas Bio-Polylactic Acid (PLA) Sales in Volume, by Type (2019, 2023 & 2030)
6.3 Americas Bio-Polylactic Acid (PLA) Sales in Volume, by Application (2019, 2023 & 2030)
6.4 Americas Bio-Polylactic Acid (PLA) Market Facts & Figures by Country (2019, 2023 & 2030)
6.4.1 Americas Bio-Polylactic Acid (PLA) Sales in Value by Country (2019, 2023 & 2030)
6.4.2 Americas Bio-Polylactic Acid (PLA) Sales in Volume by Country (2019, 2023 & 2030)
6.4.3 United States
6.4.4 Canada
6.4.5 Mexico
6.4.6 Brazil
7 EMEA
7.1 EMEA Bio-Polylactic Acid (PLA) Market Size YoY Growth 2019-2030
7.2 EMEA Bio-Polylactic Acid (PLA) Sales in Volume, by Type (2019, 2023 & 2030)
7.3 EMEA Bio-Polylactic Acid (PLA) Sales in Volume, by Application (2019, 2023 & 2030)
7.4 EMEA Bio-Polylactic Acid (PLA) Market Facts & Figures by Country (2019, 2023 & 2030)
7.4.1 EMEA Bio-Polylactic Acid (PLA) Sales in Value by Country (2019, 2023 & 2030)
7.4.2 EMEA Bio-Polylactic Acid (PLA) Sales in Volume by Country (2019, 2023 & 2030)
7.4.3 Europe
7.4.4 Middle East
7.4.5 Africa
8 China
8.1 China Bio-Polylactic Acid (PLA) Market Size YoY Growth 2019-2030
8.2 China Bio-Polylactic Acid (PLA) Sales in Volume, by Type (2019, 2023 & 2030)
8.3 China Bio-Polylactic Acid (PLA) Sales in Volume, by Application (2019, 2023 & 2030)
9 APAC
9.1 APAC Bio-Polylactic Acid (PLA) Market Size YoY Growth 2019-2030
9.2 APAC Bio-Polylactic Acid (PLA) Sales in Volume, by Type (2019, 2023 & 2030)
9.3 APAC Bio-Polylactic Acid (PLA) Sales in Volume, by Application (2019, 2023 & 2030)
9.4 APAC Bio-Polylactic Acid (PLA) Market Facts & Figures by Country (2019, 2023 & 2030)
9.4.1 APAC Bio-Polylactic Acid (PLA) Sales in Value by Country (2019, 2023 & 2030)
9.4.2 APAC Bio-Polylactic Acid (PLA) Sales in Volume by Country (2019, 2023 & 2030)
9.4.3 Japan
9.4.4 South Korea
9.4.5 China Taiwan
9.4.6 Southeast Asia
9.4.7 India
10 Company Profiles
10.1 NatureWorks
10.1.1 NatureWorks Company Information
10.1.2 NatureWorks Description and Business Overview
10.1.3 NatureWorks Bio-Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2019-2024)
10.1.4 NatureWorks Bio-Polylactic Acid (PLA) Products Offered
10.1.5 NatureWorks Recent Development
10.2 Total Corbion
10.2.1 Total Corbion Company Information
10.2.2 Total Corbion Description and Business Overview
10.2.3 Total Corbion Bio-Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2019-2024)
10.2.4 Total Corbion Bio-Polylactic Acid (PLA) Products Offered
10.2.5 Total Corbion Recent Development
10.3 BEWiSynbra
10.3.1 BEWiSynbra Company Information
10.3.2 BEWiSynbra Description and Business Overview
10.3.3 BEWiSynbra Bio-Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2019-2024)
10.3.4 BEWiSynbra Bio-Polylactic Acid (PLA) Products Offered
10.3.5 BEWiSynbra Recent Development
10.4 Toray
10.4.1 Toray Company Information
10.4.2 Toray Description and Business Overview
10.4.3 Toray Bio-Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2019-2024)
10.4.4 Toray Bio-Polylactic Acid (PLA) Products Offered
10.4.5 Toray Recent Development
10.5 Futerro
10.5.1 Futerro Company Information
10.5.2 Futerro Description and Business Overview
10.5.3 Futerro Bio-Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2019-2024)
10.5.4 Futerro Bio-Polylactic Acid (PLA) Products Offered
10.5.5 Futerro Recent Development
10.6 Sulzer
10.6.1 Sulzer Company Information
10.6.2 Sulzer Description and Business Overview
10.6.3 Sulzer Bio-Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2019-2024)
10.6.4 Sulzer Bio-Polylactic Acid (PLA) Products Offered
10.6.5 Sulzer Recent Development
10.7 Unitika
10.7.1 Unitika Company Information
10.7.2 Unitika Description and Business Overview
10.7.3 Unitika Bio-Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2019-2024)
10.7.4 Unitika Bio-Polylactic Acid (PLA) Products Offered
10.7.5 Unitika Recent Development
10.8 Zhejiang Hisun Biomaterials
10.8.1 Zhejiang Hisun Biomaterials Company Information
10.8.2 Zhejiang Hisun Biomaterials Description and Business Overview
10.8.3 Zhejiang Hisun Biomaterials Bio-Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2019-2024)
10.8.4 Zhejiang Hisun Biomaterials Bio-Polylactic Acid (PLA) Products Offered
10.8.5 Zhejiang Hisun Biomaterials Recent Development
10.9 Shanghai Tong-Jie-Liang
10.9.1 Shanghai Tong-Jie-Liang Company Information
10.9.2 Shanghai Tong-Jie-Liang Description and Business Overview
10.9.3 Shanghai Tong-Jie-Liang Bio-Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2019-2024)
10.9.4 Shanghai Tong-Jie-Liang Bio-Polylactic Acid (PLA) Products Offered
10.9.5 Shanghai Tong-Jie-Liang Recent Development
10.10 Anhui BBCA Biochemical
10.10.1 Anhui BBCA Biochemical Company Information
10.10.2 Anhui BBCA Biochemical Description and Business Overview
10.10.3 Anhui BBCA Biochemical Bio-Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2019-2024)
10.10.4 Anhui BBCA Biochemical Bio-Polylactic Acid (PLA) Products Offered
10.10.5 Anhui BBCA Biochemical Recent Development
10.11 COFCO Biotechnology
10.11.1 COFCO Biotechnology Company Information
10.11.2 COFCO Biotechnology Description and Business Overview
10.11.3 COFCO Biotechnology Bio-Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2019-2024)
10.11.4 COFCO Biotechnology Bio-Polylactic Acid (PLA) Products Offered
10.11.5 COFCO Biotechnology Recent Development
10.12 PLIITH Biotechnology
10.12.1 PLIITH Biotechnology Company Information
10.12.2 PLIITH Biotechnology Description and Business Overview
10.12.3 PLIITH Biotechnology Bio-Polylactic Acid (PLA) Sales, Revenue and Gross Margin (2019-2024)
10.12.4 PLIITH Biotechnology Bio-Polylactic Acid (PLA) Products Offered
10.12.5 PLIITH Biotechnology Recent Development
11 Industry Chain and Sales Channels Analysis
11.1 Bio-Polylactic Acid (PLA) Industry Chain Analysis
11.2 Bio-Polylactic Acid (PLA) Key Raw Materials
11.2.1 Key Raw Materials
11.2.2 Raw Materials Key Suppliers
11.3 Bio-Polylactic Acid (PLA) Production Mode & Process
11.4 Bio-Polylactic Acid (PLA) Sales and Marketing
11.4.1 Bio-Polylactic Acid (PLA) Sales Channels
11.4.2 Bio-Polylactic Acid (PLA) Distributors
11.5 Bio-Polylactic Acid (PLA) Customers
12 Research Findings and Conclusion
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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