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The global Polylactic Acid Market is expected to reach market size of USD 5.2 billion by 2020 growing at a CAGR of 19.5% during 2013 to 2020 according to the new report published by Allied Market Research.
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Allied Market Research Polylactic Acid (PLA) Market in Packaging, Textile, Agriculture, Transportation, Bio-Medical, Electronics and Others - Global Industry Size, Company Share, Growth, Trends, Strategic Analysis and Forecast, 2012 - 2020 Buy Now Request Sample Published Date: 21-Nov-2013 Single User License: US $ 4515 Multi User License: US $ 7515 Corporate License: US $ 10515 101 Pages Report Report Description : Polylactic Acid (PLA) is thermoplastic polyester derived from renewable feedstock such as corn starch, sugarcane, wheat, tapioca roots. PLA has wide application such as in Packaging, Textile, Agriculture, Transportation, Bio-Medical and Electronics industry.
Polylactic Acid (PLA) Market in Packaging, Textile, Agriculture, Transportation, Bio-Medical, Electronics and Others - Global Industry Size, Company Share, Growth, Trends, Strategic Analysis and Forecast, 2012 - 2020 Polylactic Acid (PLA)
Description Polylactic Acid (PLA) is thermoplastic polyester derived from renewable feedstock such as corn starch, sugarcane, wheat, tapioca roots. PLA has wide application such as in Packaging, Textile, Agriculture, Transportation, Bio-Medical and Electronics industry. Due to environmental concerns and scarcity & volatility of prices of fossil fuels, many companies and government regulatory bodies are focusing to find substitute to oil-based products. Moreover, bio based plastics has huge potential to reduce the consumption and dependency on petroleum based feedstock and lessen negative impact on environment by reducing carbon footprints. Thus, PLA has emerged mainly as source of biodegradable plastics available in the market in recent years. Furthermore, ongoing research and technical development in the field of bio-based plastics have enhanced their properties such as high temperature resistance, thus increasing scope of its application market. The global Polylactic Acid market is presently facing supply crunch as few international manufacturers trying hard to meet rapidly rising demand for bio-based plastics. Thus, it is anticipated that the global Polylactic Acid market will grow at a double digit growth rate. Meanwhile, raw materials such as corn, genetically modified wheat, sugarcane etc. is abundantly available in Asia Pacific region mainly China thus manufacturers can take advantage of this in availing cost benefit. Moreover, distribution channel also plays a vital role in the life cycle management of PLA due to presence of wide range of end user application.
Polylactic Acid (PLA) Market in Packaging, Textile, Agriculture, Transportation, Bio-Medical, Electronics and Others - Global Industry Size, Company Share, Growth, Trends, Strategic Analysis and Forecast, 2012 - 2020 Polylactic Acid (PLA)
Table of content 1. Introduction 2. Executive Summary 3. Key Findings: PLA Market Study 4. Global PLA Market By Application 5. PLA Production and Raw Materials 6. PLA and Geographic Markets 7. Company Profiles
Introduction Scope of the report of the Market Report Report Description
Ban on Plastic Bags: Largely Impacting Factor Europe and Middle East Africa • Denmark • France • Germany • United Kingdom Asia The Americas • Australia • Bangladesh • China • India • Hong Kong • New Zealand • Taiwan • Canada • Mexico • United States
High Production • Choice of Raw Material • Advancement in • Agricultural Engineering • Cheap Raw Materials • Abundance of Raw • Materials • Greenhouse Gases and • Depleting Fossil Fuels • Disposal of Waste Materials Drivers • Sustainability • Innovative Applications • Biodegradability
Genetic Modification of Corn • Decrease in Hazardous Remnants and Gases • Reinforcement of PLA With Other Materials • Better PLA Features Linked In Face Book Twitter Google Plus
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Increased Shelf-Life • Food Hygiene • Awareness • Environment • Friendliness • Growing Textile • Industry • Key Factors Impacting • Agricultural Industries • Growth Prospects of • Agricultural Industry • Increase in Per Capita • Income • Versatile Usability • Growing Electronic • Industry • Growing Consumer • market • Bioresorbability • Mechanical Strength • Increasing Expenditure • in Healthcare Linked In Face Book Twitter Google Plus
Rest Of The World (ROW) • Europe • Asia-Pacific (APAC)
Top Market Players Nova Chemicals Corporation Nature Works LLC ExxonMobil Corporation Eastman Chemical Company DuPont Corporation Dow Chemical’s Corporation Bayer AG China Petroleum & Chemical Corporation Mitsubishi Chemical Corporation Braskem
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