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Global Lactic Acid & Poly Lactic Acid (PLA) Market Research Report 2025

Industry: Chemical & Material

Published Date: 2025-02-24

Pages: 94 Pages

Report ld: 4205274

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Description
Table of Contents
Table of Figures
Related Reports
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Lactic Acid & Poly Lactic Acid (PLA) Market Size(US$)

CAGR 2025-2031

3.8%

Market Size,2031

USD 2,028

Million

Market Snapshot

Market Size in 2025 (Value)

US$ 1,622 million

Market Forecast in 2031(Value)

US$ 2,028 million

CAGR

3.8%

Years Considered

2020-2031

Base Year

2025

Forecast Period

2025-2031

Source: Secondary research, interviews with experts, and QYResearch analysis

The global market for Lactic Acid & Poly Lactic Acid (PLA) was valued at US$ 1568 million in the year 2024 and is projected to reach a revised size of US$ 2028 million by 2031, growing at a CAGR of 3.8% during the forecast period.

Poly(lactic acid) (PLA) is produced from the monomer of lactic acid (LA). PLA can be produced by two well-known processes—the direct polycondensation (DP) route and the ring-opening polymerization (ROP) route.

North American market for Lactic Acid & Poly Lactic Acid (PLA) is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Lactic Acid & Poly Lactic Acid (PLA) is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of Lactic Acid & Poly Lactic Acid (PLA) include BASF SE, Danimer Scientific LLC, Henan Jindan Lactic Acid Technology Co., Ltd., Synbra Technology B.V., The Dow Chemical Company, Corbion Purac, Galactic S.A, Natureworks LLC, Teijin Ltd, Wei Mon Industry Co., Ltd, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

MARKET SEGMENTATION

By Company

BASF SE
Danimer Scientific LLC
Henan Jindan Lactic Acid Technology Co., Ltd.
Synbra Technology B.V.
The Dow Chemical Company
Corbion Purac
Galactic S.A
Natureworks LLC
Teijin Ltd
Wei Mon Industry Co., Ltd

Consumption by Region

North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA

Segment by Type

Food Grade
Pharmaceutical Grade
Cosmetic Grade

Segment by Application

Biodegradable Polymers
Food And Beverages
Pharmaceuticals
Personal Care Product
Other Applications

biaoTi REPORT SCOPE

This report aims to provide a comprehensive presentation of the global market for Lactic Acid & Poly Lactic Acid (PLA), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lactic Acid & Poly Lactic Acid (PLA).

The Lactic Acid & Poly Lactic Acid (PLA) market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Lactic Acid & Poly Lactic Acid (PLA) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Lactic Acid & Poly Lactic Acid (PLA) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

biaoTi CHAPTER OUTLINE

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Lactic Acid & Poly Lactic Acid (PLA) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of Lactic Acid & Poly Lactic Acid (PLA) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of Lactic Acid & Poly Lactic Acid (PLA) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: The main points and conclusions of the report.

biaoTi 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:

Market entry risks/opportunities by region

We identify regional market threats and growth prospects to guide your overseas layout.

Product mix optimization based on local practices

We adjust product portfolios in line with local consumption habits.

Competitor tactics in fragmented vs. consolidated markets

We unpack rivals’ operation strategies for scattered and highly concentrated industries.

Full Research Coverage

We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.

19 Years Industry Expertise

We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.

24/7 Fast Report Delivery

Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.

Localized Strategic Analysis

We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.

Market entry risks/opportunities by region

All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.

Market entry risks/opportunities by region

We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.

TABLE OF CONTENTS

1 Lactic Acid & Poly Lactic Acid (PLA) Market Overview

1.1 Product Definition

1.2 Lactic Acid & Poly Lactic Acid (PLA) by Type

1.2.1 Global Lactic Acid & Poly Lactic Acid (PLA) Market Value Growth Rate Analysis by Type: 2024 VS 2031

1.2.2 Food Grade

1.2.3 Pharmaceutical Grade

1.2.4 Cosmetic Grade

1.3 Lactic Acid & Poly Lactic Acid (PLA) by Application

1.3.1 Global Lactic Acid & Poly Lactic Acid (PLA) Market Value Growth Rate Analysis by Application: 2024 VS 2031

1.3.2 Biodegradable Polymers

1.3.3 Food And Beverages

1.3.4 Pharmaceuticals

1.3.5 Personal Care Product

1.3.6 Other Applications

1.4 Global Market Growth Prospects

1.4.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value Estimates and Forecasts (2020-2031)

1.4.2 Global Lactic Acid & Poly Lactic Acid (PLA) Production Capacity Estimates and Forecasts (2020-2031)

1.4.3 Global Lactic Acid & Poly Lactic Acid (PLA) Production Estimates and Forecasts (2020-2031)

1.4.4 Global Lactic Acid & Poly Lactic Acid (PLA) Market Average Price Estimates and Forecasts (2020-2031)

1.5 Assumptions and Limitations

2 Market Competition by Manufacturers

2.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production Market Share by Manufacturers (2020-2025)

2.2 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value Market Share by Manufacturers (2020-2025)

2.3 Global Key Players of Lactic Acid & Poly Lactic Acid (PLA), Industry Ranking, 2023 VS 2024

2.4 Global Lactic Acid & Poly Lactic Acid (PLA) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

2.5 Global Lactic Acid & Poly Lactic Acid (PLA) Average Price by Manufacturers (2020-2025)

2.6 Global Key Manufacturers of Lactic Acid & Poly Lactic Acid (PLA), Manufacturing Base Distribution and Headquarters

2.7 Global Key Manufacturers of Lactic Acid & Poly Lactic Acid (PLA), Product Offered and Application

2.8 Global Key Manufacturers of Lactic Acid & Poly Lactic Acid (PLA), Date of Enter into This Industry

2.9 Lactic Acid & Poly Lactic Acid (PLA) Market Competitive Situation and Trends

2.9.1 Lactic Acid & Poly Lactic Acid (PLA) Market Concentration Rate

2.9.2 Global 5 and 10 Largest Lactic Acid & Poly Lactic Acid (PLA) Players Market Share by Revenue

2.10 Mergers & Acquisitions, Expansion

3 Lactic Acid & Poly Lactic Acid (PLA) Production by Region

3.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.2 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value by Region (2020-2031)

3.2.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value by Region (2020-2025)

3.2.2 Global Forecasted Production Value of Lactic Acid & Poly Lactic Acid (PLA) by Region (2026-2031)

3.3 Global Lactic Acid & Poly Lactic Acid (PLA) Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.4 Global Lactic Acid & Poly Lactic Acid (PLA) Production Volume by Region (2020-2031)

3.4.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production by Region (2020-2025)

3.4.2 Global Forecasted Production of Lactic Acid & Poly Lactic Acid (PLA) by Region (2026-2031)

3.5 Global Lactic Acid & Poly Lactic Acid (PLA) Market Price Analysis by Region (2020-2025)

3.6 Global Lactic Acid & Poly Lactic Acid (PLA) Production and Value, Year-over-Year Growth

3.6.1 North America Lactic Acid & Poly Lactic Acid (PLA) Production Value Estimates and Forecasts (2020-2031)

3.6.2 Europe Lactic Acid & Poly Lactic Acid (PLA) Production Value Estimates and Forecasts (2020-2031)

3.6.3 China Lactic Acid & Poly Lactic Acid (PLA) Production Value Estimates and Forecasts (2020-2031)

3.6.4 Japan Lactic Acid & Poly Lactic Acid (PLA) Production Value Estimates and Forecasts (2020-2031)

4 Lactic Acid & Poly Lactic Acid (PLA) Consumption by Region

4.1 Global Lactic Acid & Poly Lactic Acid (PLA) Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

4.2 Global Lactic Acid & Poly Lactic Acid (PLA) Consumption by Region (2020-2031)

4.2.1 Global Lactic Acid & Poly Lactic Acid (PLA) Consumption by Region (2020-2025)

4.2.2 Global Lactic Acid & Poly Lactic Acid (PLA) Forecasted Consumption by Region (2026-2031)

4.3 North America

4.3.1 North America Lactic Acid & Poly Lactic Acid (PLA) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.3.2 North America Lactic Acid & Poly Lactic Acid (PLA) Consumption by Country (2020-2031)

4.3.3 U.S.

4.3.4 Canada

4.4 Europe

4.4.1 Europe Lactic Acid & Poly Lactic Acid (PLA) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.4.2 Europe Lactic Acid & Poly Lactic Acid (PLA) Consumption by Country (2020-2031)

4.4.3 Germany

4.4.4 France

4.4.5 U.K.

4.4.6 Italy

4.4.7 Russia

4.5 Asia Pacific

4.5.1 Asia Pacific Lactic Acid & Poly Lactic Acid (PLA) Consumption Growth Rate by Region: 2020 VS 2024 VS 2031

4.5.2 Asia Pacific Lactic Acid & Poly Lactic Acid (PLA) Consumption by Region (2020-2031)

4.5.3 China

4.5.4 Japan

4.5.5 South Korea

4.5.6 China Taiwan

4.5.7 Southeast Asia

4.5.8 India

4.6 Latin America, Middle East & Africa

4.6.1 Latin America, Middle East & Africa Lactic Acid & Poly Lactic Acid (PLA) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.6.2 Latin America, Middle East & Africa Lactic Acid & Poly Lactic Acid (PLA) Consumption by Country (2020-2031)

4.6.3 Mexico

4.6.4 Brazil

4.6.5 Turkey

4.6.6 GCC Countries

5 Segment by Type

5.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production by Type (2020-2031)

5.1.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production by Type (2020-2025)

5.1.2 Global Lactic Acid & Poly Lactic Acid (PLA) Production by Type (2026-2031)

5.1.3 Global Lactic Acid & Poly Lactic Acid (PLA) Production Market Share by Type (2020-2031)

5.2 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value by Type (2020-2031)

5.2.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value by Type (2020-2025)

5.2.2 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value by Type (2026-2031)

5.2.3 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value Market Share by Type (2020-2031)

5.3 Global Lactic Acid & Poly Lactic Acid (PLA) Price by Type (2020-2031)

6 Segment by Application

6.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production by Application (2020-2031)

6.1.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production by Application (2020-2025)

6.1.2 Global Lactic Acid & Poly Lactic Acid (PLA) Production by Application (2026-2031)

6.1.3 Global Lactic Acid & Poly Lactic Acid (PLA) Production Market Share by Application (2020-2031)

6.2 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value by Application (2020-2031)

6.2.1 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value by Application (2020-2025)

6.2.2 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value by Application (2026-2031)

6.2.3 Global Lactic Acid & Poly Lactic Acid (PLA) Production Value Market Share by Application (2020-2031)

6.3 Global Lactic Acid & Poly Lactic Acid (PLA) Price by Application (2020-2031)

7 Key Companies Profiled

7.1 BASF SE

7.1.1 BASF SE Lactic Acid & Poly Lactic Acid (PLA) Company Information

7.1.2 BASF SE Lactic Acid & Poly Lactic Acid (PLA) Product Portfolio

7.1.3 BASF SE Lactic Acid & Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2020-2025)

7.1.4 BASF SE Main Business and Markets Served

7.1.5 BASF SE Recent Developments/Updates

7.2 Danimer Scientific LLC

7.2.1 Danimer Scientific LLC Lactic Acid & Poly Lactic Acid (PLA) Company Information

7.2.2 Danimer Scientific LLC Lactic Acid & Poly Lactic Acid (PLA) Product Portfolio

7.2.3 Danimer Scientific LLC Lactic Acid & Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2020-2025)

7.2.4 Danimer Scientific LLC Main Business and Markets Served

7.2.5 Danimer Scientific LLC Recent Developments/Updates

7.3 Henan Jindan Lactic Acid Technology Co., Ltd.

7.3.1 Henan Jindan Lactic Acid Technology Co., Ltd. Lactic Acid & Poly Lactic Acid (PLA) Company Information

7.3.2 Henan Jindan Lactic Acid Technology Co., Ltd. Lactic Acid & Poly Lactic Acid (PLA) Product Portfolio

7.3.3 Henan Jindan Lactic Acid Technology Co., Ltd. Lactic Acid & Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2020-2025)

7.3.4 Henan Jindan Lactic Acid Technology Co., Ltd. Main Business and Markets Served

7.3.5 Henan Jindan Lactic Acid Technology Co., Ltd. Recent Developments/Updates

7.4 Synbra Technology B.V.

7.4.1 Synbra Technology B.V. Lactic Acid & Poly Lactic Acid (PLA) Company Information

7.4.2 Synbra Technology B.V. Lactic Acid & Poly Lactic Acid (PLA) Product Portfolio

7.4.3 Synbra Technology B.V. Lactic Acid & Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2020-2025)

7.4.4 Synbra Technology B.V. Main Business and Markets Served

7.4.5 Synbra Technology B.V. Recent Developments/Updates

7.5 The Dow Chemical Company

7.5.1 The Dow Chemical Company Lactic Acid & Poly Lactic Acid (PLA) Company Information

7.5.2 The Dow Chemical Company Lactic Acid & Poly Lactic Acid (PLA) Product Portfolio

7.5.3 The Dow Chemical Company Lactic Acid & Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2020-2025)

7.5.4 The Dow Chemical Company Main Business and Markets Served

7.5.5 The Dow Chemical Company Recent Developments/Updates

7.6 Corbion Purac

7.6.1 Corbion Purac Lactic Acid & Poly Lactic Acid (PLA) Company Information

7.6.2 Corbion Purac Lactic Acid & Poly Lactic Acid (PLA) Product Portfolio

7.6.3 Corbion Purac Lactic Acid & Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2020-2025)

7.6.4 Corbion Purac Main Business and Markets Served

7.6.5 Corbion Purac Recent Developments/Updates

7.7 Galactic S.A

7.7.1 Galactic S.A Lactic Acid & Poly Lactic Acid (PLA) Company Information

7.7.2 Galactic S.A Lactic Acid & Poly Lactic Acid (PLA) Product Portfolio

7.7.3 Galactic S.A Lactic Acid & Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2020-2025)

7.7.4 Galactic S.A Main Business and Markets Served

7.7.5 Galactic S.A Recent Developments/Updates

7.8 Natureworks LLC

7.8.1 Natureworks LLC Lactic Acid & Poly Lactic Acid (PLA) Company Information

7.8.2 Natureworks LLC Lactic Acid & Poly Lactic Acid (PLA) Product Portfolio

7.8.3 Natureworks LLC Lactic Acid & Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2020-2025)

7.8.4 Natureworks LLC Main Business and Markets Served

7.8.5 Natureworks LLC Recent Developments/Updates

7.9 Teijin Ltd

7.9.1 Teijin Ltd Lactic Acid & Poly Lactic Acid (PLA) Company Information

7.9.2 Teijin Ltd Lactic Acid & Poly Lactic Acid (PLA) Product Portfolio

7.9.3 Teijin Ltd Lactic Acid & Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2020-2025)

7.9.4 Teijin Ltd Main Business and Markets Served

7.9.5 Teijin Ltd Recent Developments/Updates

7.10 Wei Mon Industry Co., Ltd

7.10.1 Wei Mon Industry Co., Ltd Lactic Acid & Poly Lactic Acid (PLA) Company Information

7.10.2 Wei Mon Industry Co., Ltd Lactic Acid & Poly Lactic Acid (PLA) Product Portfolio

7.10.3 Wei Mon Industry Co., Ltd Lactic Acid & Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2020-2025)

7.10.4 Wei Mon Industry Co., Ltd Main Business and Markets Served

7.10.5 Wei Mon Industry Co., Ltd Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis

8.1 Lactic Acid & Poly Lactic Acid (PLA) Industry Chain Analysis

8.2 Lactic Acid & Poly Lactic Acid (PLA) Raw Material Supply Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.3 Lactic Acid & Poly Lactic Acid (PLA) Production Mode & Process Analysis

8.4 Lactic Acid & Poly Lactic Acid (PLA) Sales and Marketing

8.4.1 Lactic Acid & Poly Lactic Acid (PLA) Sales Channels

8.4.2 Lactic Acid & Poly Lactic Acid (PLA) Distributors

8.5 Lactic Acid & Poly Lactic Acid (PLA) Customer Analysis

9 Lactic Acid & Poly Lactic Acid (PLA) Market Dynamics

9.1 Lactic Acid & Poly Lactic Acid (PLA) Industry Trends

9.2 Lactic Acid & Poly Lactic Acid (PLA) Market Drivers

9.3 Lactic Acid & Poly Lactic Acid (PLA) Market Challenges

9.4 Lactic Acid & Poly Lactic Acid (PLA) Market Restraints

10 Research Findings and Conclusion

11 Methodology and Data Source

11.1 Methodology/Research Approach

11.1.1 Research Programs/Design

11.1.2 Market Size Estimation

11.1.3 Market Breakdown and Data Triangulation

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Author List

11.4 Disclaimer

TABLE OF FIGURES

List of Tables

Table 1. Global Lactic Acid & Poly Lactic Acid (PLA) Market Value by Type, (US$ Million) & (2024 VS 2031)

Table 2. Global Lactic Acid & Poly Lactic Acid (PLA) Market Value by Application, (US$ Million) & (2024 VS 2031)

Table 3. Global Lactic Acid & Poly Lactic Acid (PLA) Production Capacity (MT) by Manufacturers in 2024

Table 4. Global Lactic Acid & Poly Lactic Acid (PLA) Production by Manufacturers (2020-2025) & (MT)

Table 5. Global Lactic Acid & Poly Lactic Acid (PLA) Production Market Share by Manufacturers (2020-2025)

Table 6. Global Lactic Acid & Poly Lactic Acid (PLA) Production Value by Manufacturers (2020-2025) & (US$ Million)

Table 7. Global Lactic Acid & Poly Lactic Acid (PLA) Production Value Share by Manufacturers (2020-2025)

Table 8. Global Key Players of Lactic Acid & Poly Lactic Acid (PLA), Industry Ranking, 2023 VS 2024

Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Lactic Acid & Poly Lactic Acid (PLA) as of 2024)

Table 10. Global Market Lactic Acid & Poly Lactic Acid (PLA) Average Price by Manufacturers (USD/MT) & (2020-2025)

Table 11. Global Key Manufacturers of Lactic Acid & Poly Lactic Acid (PLA), Manufacturing Base Distribution and Headquarters

Table 12. Global Key Manufacturers of Lactic Acid & Poly Lactic Acid (PLA), Product Offered and Application

Table 13. Global Key Manufacturers of Lactic Acid & Poly Lactic Acid (PLA), Date of Enter into This Industry

Table 14. Global Lactic Acid & Poly Lactic Acid (PLA) Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 15. Mergers & Acquisitions, Expansion Plans

Table 16. Global Lactic Acid & Poly Lactic Acid (PLA) Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 17. Global Lactic Acid & Poly Lactic Acid (PLA) Production Value (US$ Million) by Region (2020-2025)

Table 18. Global Lactic Acid & Poly Lactic Acid (PLA) Production Value Market Share by Region (2020-2025)

Table 19. Global Lactic Acid & Poly Lactic Acid (PLA) Production Value (US$ Million) Forecast by Region (2026-2031)

Table 20. Global Lactic Acid & Poly Lactic Acid (PLA) Production Value Market Share Forecast by Region (2026-2031)

Table 21. Global Lactic Acid & Poly Lactic Acid (PLA) Production Comparison by Region: 2020 VS 2024 VS 2031 (MT)

Table 22. Global Lactic Acid & Poly Lactic Acid (PLA) Production (MT) by Region (2020-2025)

Table 23. Global Lactic Acid & Poly Lactic Acid (PLA) Production Market Share by Region (2020-2025)

Table 24. Global Lactic Acid & Poly Lactic Acid (PLA) Production (MT) Forecast by Region (2026-2031)

Table 25. Global Lactic Acid & Poly Lactic Acid (PLA) Production Market Share Forecast by Region (2026-2031)

Table 26. Global Lactic Acid & Poly Lactic Acid (PLA) Market Average Price (USD/MT) by Region (2020-2025)

Table 27. Global Lactic Acid & Poly Lactic Acid (PLA) Market Average Price (USD/MT) by Region (2026-2031)

Table 28. Global Lactic Acid & Poly Lactic Acid (PLA) Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (MT)

Table 29. Global Lactic Acid & Poly Lactic Acid (PLA) Consumption by Region (2020-2025) & (MT)

Table 30. Global Lactic Acid & Poly Lactic Acid (PLA) Consumption Market Share by Region (2020-2025)

Table 31. Global Lactic Acid & Poly Lactic Acid (PLA) Forecasted Consumption by Region (2026-2031) & (MT)

Table 32. Global Lactic Acid & Poly Lactic Acid (PLA) Forecasted Consumption Market Share by Region (2026-2031)

Table 33. North America Lactic Acid & Poly Lactic Acid (PLA) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (MT)

Table 34. North America Lactic Acid & Poly Lactic Acid (PLA) Consumption by Country (2020-2025) & (MT)

Table 35. North America Lactic Acid & Poly Lactic Acid (PLA) Consumption by Country (2026-2031) & (MT)

Table 36. Europe Lactic Acid & Poly Lactic Acid (PLA) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (MT)

Table 37. Europe Lactic Acid & Poly Lactic Acid (PLA) Consumption by Country (2020-2025) & (MT)

Table 38. Europe Lactic Acid & Poly Lactic Acid (PLA) Consumption by Country (2026-2031) & (MT)

Table 39. Asia Pacific Lactic Acid & Poly Lactic Acid (PLA) Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (MT)

Table 40. Asia Pacific Lactic Acid & Poly Lactic Acid (PLA) Consumption by Region (2020-2025) & (MT)

Table 41. Asia Pacific Lactic Acid & Poly Lactic Acid (PLA) Consumption by Region (2026-2031) & (MT)

Table 42. Latin America, Middle East & Africa Lactic Acid & Poly Lactic Acid (PLA) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (MT)

Table 43. Latin America, Middle East & Africa Lactic Acid & Poly Lactic Acid (PLA) Consumption by Country (2020-2025) & (MT)

Table 44. Latin America, Middle East & Africa Lactic Acid & Poly Lactic Acid (PLA) Consumption by Country (2026-2031) & (MT)

Table 45. Global Lactic Acid & Poly Lactic Acid (PLA) Production (MT) by Type (2020-2025)

Table 46. Global Lactic Acid & Poly Lactic Acid (PLA) Production (MT) by Type (2026-2031)

Table 47. Global Lactic Acid & Poly Lactic Acid (PLA) Production Market Share by Type (2020-2025)

Table 48. Global Lactic Acid & Poly Lactic Acid (PLA) Production Market Share by Type (2026-2031)

Table 49. Global Lactic Acid & Poly Lactic Acid (PLA) Production Value (US$ Million) by Type (2020-2025)

Table 50. Global Lactic Acid & Poly Lactic Acid (PLA) Production Value (US$ Million) by Type (2026-2031)

Table 51. Global Lactic Acid & Poly Lactic Acid (PLA) Production Value Market Share by Type (2020-2025)

Table 52. Global Lactic Acid & Poly Lactic Acid (PLA) Production Value Market Share by Type (2026-2031)

Table 53. Global Lactic Acid & Poly Lactic Acid (PLA) Price (USD/MT) by Type (2020-2025)

Table 54. Global Lactic Acid & Poly Lactic Acid (PLA) Price (USD/MT) by Type (2026-2031)

Table 55. Global Lactic Acid & Poly Lactic Acid (PLA) Production (MT) by Application (2020-2025)

Table 56. Global Lactic Acid & Poly Lactic Acid (PLA) Production (MT) by Application (2026-2031)

Table 57. Global Lactic Acid & Poly Lactic Acid (PLA) Production Market Share by Application (2020-2025)

Table 58. Global Lactic Acid & Poly Lactic Acid (PLA) Production Market Share by Application (2026-2031)

Table 59. Global Lactic Acid & Poly Lactic Acid (PLA) Production Value (US$ Million) by Application (2020-2025)

Table 60. Global Lactic Acid & Poly Lactic Acid (PLA) Production Value (US$ Million) by Application (2026-2031)

Table 61. Global Lactic Acid & Poly Lactic Acid (PLA) Production Value Market Share by Application (2020-2025)

Table 62. Global Lactic Acid & Poly Lactic Acid (PLA) Production Value Market Share by Application (2026-2031)

Table 63. Global Lactic Acid & Poly Lactic Acid (PLA) Price (USD/MT) by Application (2020-2025)

Table 64. Global Lactic Acid & Poly Lactic Acid (PLA) Price (USD/MT) by Application (2026-2031)

Table 65. BASF SE Lactic Acid & Poly Lactic Acid (PLA) Company Information

Table 66. BASF SE Lactic Acid & Poly Lactic Acid (PLA) Specification and Application

Table 67. BASF SE Lactic Acid & Poly Lactic Acid (PLA) Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 68. BASF SE Main Business and Markets Served

Table 69. BASF SE Recent Developments/Updates

Table 70. Danimer Scientific LLC Lactic Acid & Poly Lactic Acid (PLA) Company Information

Table 71. Danimer Scientific LLC Lactic Acid & Poly Lactic Acid (PLA) Specification and Application

Table 72. Danimer Scientific LLC Lactic Acid & Poly Lactic Acid (PLA) Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 73. Danimer Scientific LLC Main Business and Markets Served

Table 74. Danimer Scientific LLC Recent Developments/Updates

Table 75. Henan Jindan Lactic Acid Technology Co., Ltd. Lactic Acid & Poly Lactic Acid (PLA) Company Information

Table 76. Henan Jindan Lactic Acid Technology Co., Ltd. Lactic Acid & Poly Lactic Acid (PLA) Specification and Application

Table 77. Henan Jindan Lactic Acid Technology Co., Ltd. Lactic Acid & Poly Lactic Acid (PLA) Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 78. Henan Jindan Lactic Acid Technology Co., Ltd. Main Business and Markets Served

Table 79. Henan Jindan Lactic Acid Technology Co., Ltd. Recent Developments/Updates

Table 80. Synbra Technology B.V. Lactic Acid & Poly Lactic Acid (PLA) Company Information

Table 81. Synbra Technology B.V. Lactic Acid & Poly Lactic Acid (PLA) Specification and Application

Table 82. Synbra Technology B.V. Lactic Acid & Poly Lactic Acid (PLA) Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 83. Synbra Technology B.V. Main Business and Markets Served

Table 84. Synbra Technology B.V. Recent Developments/Updates

Table 85. The Dow Chemical Company Lactic Acid & Poly Lactic Acid (PLA) Company Information

Table 86. The Dow Chemical Company Lactic Acid & Poly Lactic Acid (PLA) Specification and Application

Table 87. The Dow Chemical Company Lactic Acid & Poly Lactic Acid (PLA) Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 88. The Dow Chemical Company Main Business and Markets Served

Table 89. The Dow Chemical Company Recent Developments/Updates

Table 90. Corbion Purac Lactic Acid & Poly Lactic Acid (PLA) Company Information

Table 91. Corbion Purac Lactic Acid & Poly Lactic Acid (PLA) Specification and Application

Table 92. Corbion Purac Lactic Acid & Poly Lactic Acid (PLA) Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 93. Corbion Purac Main Business and Markets Served

Table 94. Corbion Purac Recent Developments/Updates

Table 95. Galactic S.A Lactic Acid & Poly Lactic Acid (PLA) Company Information

Table 96. Galactic S.A Lactic Acid & Poly Lactic Acid (PLA) Specification and Application

Table 97. Galactic S.A Lactic Acid & Poly Lactic Acid (PLA) Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 98. Galactic S.A Main Business and Markets Served

Table 99. Galactic S.A Recent Developments/Updates

Table 100. Natureworks LLC Lactic Acid & Poly Lactic Acid (PLA) Company Information

Table 101. Natureworks LLC Lactic Acid & Poly Lactic Acid (PLA) Specification and Application

Table 102. Natureworks LLC Lactic Acid & Poly Lactic Acid (PLA) Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 103. Natureworks LLC Main Business and Markets Served

Table 104. Natureworks LLC Recent Developments/Updates

Table 105. Teijin Ltd Lactic Acid & Poly Lactic Acid (PLA) Company Information

Table 106. Teijin Ltd Lactic Acid & Poly Lactic Acid (PLA) Specification and Application

Table 107. Teijin Ltd Lactic Acid & Poly Lactic Acid (PLA) Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 108. Teijin Ltd Main Business and Markets Served

Table 109. Teijin Ltd Recent Developments/Updates

Table 110. Wei Mon Industry Co., Ltd Lactic Acid & Poly Lactic Acid (PLA) Company Information

Table 111. Wei Mon Industry Co., Ltd Lactic Acid & Poly Lactic Acid (PLA) Specification and Application

Table 112. Wei Mon Industry Co., Ltd Lactic Acid & Poly Lactic Acid (PLA) Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 113. Wei Mon Industry Co., Ltd Main Business and Markets Served

Table 114. Wei Mon Industry Co., Ltd Recent Developments/Updates

Table 115. Key Raw Materials Lists

Table 116. Raw Materials Key Suppliers Lists

Table 117. Lactic Acid & Poly Lactic Acid (PLA) Distributors List

Table 118. Lactic Acid & Poly Lactic Acid (PLA) Customers List

Table 119. Lactic Acid & Poly Lactic Acid (PLA) Market Trends

Table 120. Lactic Acid & Poly Lactic Acid (PLA) Market Drivers

Table 121. Lactic Acid & Poly Lactic Acid (PLA) Market Challenges

Table 122. Lactic Acid & Poly Lactic Acid (PLA) Market Restraints

Table 123. Research Programs/Design for This Report

Table 124. Key Data Information from Secondary Sources

Table 125. Key Data Information from Primary Sources

Table 126. Authors List of This Report

List of Figures

Figure 1. Product Picture of Lactic Acid & Poly Lactic Acid (PLA)

Figure 2. Global Lactic Acid & Poly Lactic Acid (PLA) Market Value by Type, (US$ Million) & (2020-2031)

Figure 3. Global Lactic Acid & Poly Lactic Acid (PLA) Market Share by Type: 2024 VS 2031

Figure 4. Food Grade Product Picture

Figure 5. Pharmaceutical Grade Product Picture

Figure 6. Cosmetic Grade Product Picture

Figure 7. Global Lactic Acid & Poly Lactic Acid (PLA) Market Value by Application, (US$ Million) & (2020-2031)

Figure 8. Global Lactic Acid & Poly Lactic Acid (PLA) Market Share by Application: 2024 VS 2031

Figure 9. Biodegradable Polymers

Figure 10. Food And Beverages

Figure 11. Pharmaceuticals

Figure 12. Personal Care Product

Figure 13. Other Applications

Figure 14. Global Lactic Acid & Poly Lactic Acid (PLA) Production Value (US$ Million), 2020 VS 2024 VS 2031

Figure 15. Global Lactic Acid & Poly Lactic Acid (PLA) Production Value (US$ Million) & (2020-2031)

Figure 16. Global Lactic Acid & Poly Lactic Acid (PLA) Production Capacity (MT) & (2020-2031)

Figure 17. Global Lactic Acid & Poly Lactic Acid (PLA) Production (MT) & (2020-2031)

Figure 18. Global Lactic Acid & Poly Lactic Acid (PLA) Average Price (USD/MT) & (2020-2031)

Figure 19. Lactic Acid & Poly Lactic Acid (PLA) Report Years Considered

Figure 20. Lactic Acid & Poly Lactic Acid (PLA) Production Share by Manufacturers in 2024

Figure 21. Global Lactic Acid & Poly Lactic Acid (PLA) Production Value Share by Manufacturers (2024)

Figure 22. Lactic Acid & Poly Lactic Acid (PLA) Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 23. The Global 5 and 10 Largest Players: Market Share by Lactic Acid & Poly Lactic Acid (PLA) Revenue in 2024

Figure 24. Global Lactic Acid & Poly Lactic Acid (PLA) Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Figure 25. Global Lactic Acid & Poly Lactic Acid (PLA) Production Value Market Share by Region: 2020 VS 2024 VS 2031

Figure 26. Global Lactic Acid & Poly Lactic Acid (PLA) Production Comparison by Region: 2020 VS 2024 VS 2031 (MT)

Figure 27. Global Lactic Acid & Poly Lactic Acid (PLA) Production Market Share by Region: 2020 VS 2024 VS 2031

Figure 28. North America Lactic Acid & Poly Lactic Acid (PLA) Production Value (US$ Million) Growth Rate (2020-2031)

Figure 29. Europe Lactic Acid & Poly Lactic Acid (PLA) Production Value (US$ Million) Growth Rate (2020-2031)

Figure 30. China Lactic Acid & Poly Lactic Acid (PLA) Production Value (US$ Million) Growth Rate (2020-2031)

Figure 31. Japan Lactic Acid & Poly Lactic Acid (PLA) Production Value (US$ Million) Growth Rate (2020-2031)

Figure 32. Global Lactic Acid & Poly Lactic Acid (PLA) Consumption by Region: 2020 VS 2024 VS 2031 (MT)

Figure 33. Global Lactic Acid & Poly Lactic Acid (PLA) Consumption Market Share by Region: 2020 VS 2024 VS 2031

Figure 34. North America Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate (2020-2031) & (MT)

Figure 35. North America Lactic Acid & Poly Lactic Acid (PLA) Consumption Market Share by Country (2020-2031)

Figure 36. U.S. Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate (2020-2031) & (MT)

Figure 37. Canada Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate (2020-2031) & (MT)

Figure 38. Europe Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate (2020-2031) & (MT)

Figure 39. Europe Lactic Acid & Poly Lactic Acid (PLA) Consumption Market Share by Country (2020-2031)

Figure 40. Germany Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate (2020-2031) & (MT)

Figure 41. France Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate (2020-2031) & (MT)

Figure 42. U.K. Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate (2020-2031) & (MT)

Figure 43. Italy Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate (2020-2031) & (MT)

Figure 44. Russia Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate (2020-2031) & (MT)

Figure 45. Asia Pacific Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate (2020-2031) & (MT)

Figure 46. Asia Pacific Lactic Acid & Poly Lactic Acid (PLA) Consumption Market Share by Region (2020-2031)

Figure 47. China Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate (2020-2031) & (MT)

Figure 48. Japan Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate (2020-2031) & (MT)

Figure 49. South Korea Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate (2020-2031) & (MT)

Figure 50. China Taiwan Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate (2020-2031) & (MT)

Figure 51. Southeast Asia Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate (2020-2031) & (MT)

Figure 52. India Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate (2020-2031) & (MT)

Figure 53. Latin America, Middle East & Africa Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate (2020-2031) & (MT)

Figure 54. Latin America, Middle East & Africa Lactic Acid & Poly Lactic Acid (PLA) Consumption Market Share by Country (2020-2031)

Figure 55. Mexico Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate (2020-2031) & (MT)

Figure 56. Brazil Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate (2020-2031) & (MT)

Figure 57. Turkey Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate (2020-2031) & (MT)

Figure 58. GCC Countries Lactic Acid & Poly Lactic Acid (PLA) Consumption and Growth Rate (2020-2031) & (MT)

Figure 59. Global Production Market Share of Lactic Acid & Poly Lactic Acid (PLA) by Type (2020-2031)

Figure 60. Global Production Value Market Share of Lactic Acid & Poly Lactic Acid (PLA) by Type (2020-2031)

Figure 61. Global Lactic Acid & Poly Lactic Acid (PLA) Price (USD/MT) by Type (2020-2031)

Figure 62. Global Production Market Share of Lactic Acid & Poly Lactic Acid (PLA) by Application (2020-2031)

Figure 63. Global Production Value Market Share of Lactic Acid & Poly Lactic Acid (PLA) by Application (2020-2031)

Figure 64. Global Lactic Acid & Poly Lactic Acid (PLA) Price (USD/MT) by Application (2020-2031)

Figure 65. Lactic Acid & Poly Lactic Acid (PLA) Value Chain

Figure 66. Channels of Distribution (Direct Vs Distribution)

Figure 67. Bottom-up and Top-down Approaches for This Report

Figure 68. Data Triangulation

KEY QUESTIONS ADDRESSED BY THE REPORT

What was the global market size of Lactic Acid & Poly Lactic Acid (PLA) in 2031? zhanKai

The global market size of Lactic Acid & Poly Lactic Acid (PLA) in 2031 was 2028 Million USD.

What is the annual compound growth rate of the global Lactic Acid & Poly Lactic Acid (PLA) market size from 2025 to 2031? shouQi

Which companies rank high in the global Lactic Acid & Poly Lactic Acid (PLA) market? shouQi

Which region is expected to have the highest market share? shouQi

What was the global market size of Lactic Acid & Poly Lactic Acid (PLA) in 2025? shouQi

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