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Lactic Acid Market Analysis, Growth and Overview Report To 2014 - 2025

The global lactic acid & polylactic acid market is expected to reach USD 9.8 billion and USD 6.5 billion respectively by 2025, according to a new report by Radiant insights, inc Rising demand for lactic acid as pH regulator and preservatives for food & beverages sector is expected to fuel its demand over the next eight years. Growing cosmetic industry, on account of the increasing number of manufacturing base by companies including Unilever, Johnson & Johnson, and P&G in the U.S. is expected to drive industry expansion.<br>

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Lactic Acid Market Analysis, Growth and Overview Report To 2014 - 2025

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  1. Lactic Acid Market Analysis And Segment Forecasts, 2014 - 2025 “The global lactic acid & polylactic acid market is expected to reach USD 9.8 billion and USD 6.5 billion respectively by 2025, according to a new report by Radiant insights, inc Rising demand for lactic acid as pH regulator and preservatives for food & beverages sector is expected to fuel its demand over the next eight years.” Growing cosmetic industry, on account of the increasing number of manufacturing base by companies including Unilever, Johnson & Johnson, and P&G in the U.S. is expected to drive industry expansion. Growing consumer awareness regarding the need for sustainability, biodegradability, recyclability, and green packaging is projected to drive global PLA usage over the forecast period. Moreover, various manufacturers are engaged in improving properties of PLA including impact strength, flexibility, stiffness, barrier properties, thermal stability, increase degradation rate, and reduce production costs, which is likely to create immense market potential. Follow Us:

  2. Pharmaceuticals accounted for 7.5% of the overall revenue share of lactic acid in 2016 and are expected to witness high gains as the product serves as a pH-regulation, chiral intermediate, and metal sequestration as well as a natural body constituent. Increasing need for pharmaceutical grade creams and other medicines among consumers is expected to propel demand over the forecast period. Download full research Report @ http://www.radiantinsights.com/research/lactic-acid- market Further key findings from the report suggest: • Global lactic acid demand was 1,220.0 kilo tons in 2016 and is expected to grow at a CAGR of 16.2% from 2017 to 2025 which is a result of increasing sales of medicines and perfumes in the Latin America and Asia Pacific region. • Latin America lactic acid market is projected to witness significant revenue rise at a CAGR of 19.2% from 2017 to 2025 in light of the growing cosmetics industry in Brazil and Argentina. • Textiles accounted for 21.0% of the polylactic acid revenue share in 2016 and is expected to witness growth as a result of its various properties including natural UV resistance, high tenacity, low smoke formation, and low flammability. • Asia Pacific polylactic acid market is projected to show significant revenue rise at a CAGR of 22.4% from 2017 to 2025 owing to the establishment of various food & beverage and cosmetics manufacturing units particularly in India and China. Follow Us:

  3. • In Asia Pacific, 'on-the-go' lifestyle of consumers and growing disposable income is expected to have a positive impact on the food & beverage sector which in turn is likely to propel packaging industry growth. • In May 2016, Corbion Purac launched a PLA portfolio of bioplastic resins for North America to meet growing demand for packaging applications. In October 2013, Corbion Purac and bio-film manufacturer Innovia joined hands to develop temperature-stable and transparent PLA films Request a Free Sample Copy of this Report @ http://www.radiantinsights.com/research/lactic-acid-market/request-sample Table of Contents Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumptions 1.3. List of Data Sources Chapter 2. Executive Summary 2.1. Market Snapshot Follow Us:

  4. Chapter 3. Lactic Acid & Polylactic Acid Market Variables, Trends & Scope 3.1. Market segmentation & scope 3.2. Penetration & growth prospect mapping 3.3. Value chain analysis 3.4. Raw material outlook 3.5. Technological overview 3.6. Regulatory Framework 3.7. Market dynamics 3.7.1. Market driver analysis 3.7.2. Market restraint analysis 3.8. Industry analysis - Porter's 3.9. PESTEL analysis, 2015 Chapter 4. Lactic Acid Market: Application Outlook 4.1. Lactic acid market share by application, 2016 & 2025 (Kilo Tons, USD Million) Browse all Report of this category @ http://www.radiantinsights.com/catalog/chemicals Follow Us:

  5. About Radiant Insights,Inc: Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions. Contact Details: Michelle Thoras Corporate Sales Specialist, USA Radiant Insights, Inc 28 2nd Street, Suite 3036, San Francisco, CA 94105, United States Phone: 1-415-349-0054 Toll Free: 1-888-202-9519 Email: sales@radiantinsights.com Web: http://www.radiantinsights.com/ Visit Our Blog: http://researchindrive.blogspot.in/ Follow Us:

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