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Polylactic Acid (PLA) Market Packaging, Textile, Agriculture, Transportation, Bio-Medical, Electronics and Others - Global Industry Size, Company Share, Growth, Trends, Strategic Analysis and Forecast, 2012 - 2020. Published Date: Nov-2013 No of Pages: 111. Reports and Intelligence.
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Polylactic Acid (PLA) Market Packaging, Textile, Agriculture, Transportation, Bio-Medical, Electronics and Others - Global Industry Size, Company Share, Growth, Trends, Strategic Analysis and Forecast, 2012 - 2020 Published Date: Nov-2013 No of Pages: 111 Reports and Intelligence
Description Polylactic Acid (PLA) is thermoplastic polyester derived from renewable feedstock such as corn starch, sugarcane, wheat and tapioca roots. PLA products contain bio-based renewable constituents. The global PLA market is expected to reach a market size of $5.2 billion by 2020, growing at a CAGR of 19.5% during 2013 to 2020. Limited fossil fuel resources and rising petrochemical price are the key factors driving the market. Limited fossil fuel resources, is an important reason for governments and companies to find substitutes to crude oil based products. Growing environmental concerns and government regulations is further assisting in adoption of PLA by end users of final products as well as manufacturers in industries such as textile, packaging, transportation, electronics, etc. However, there are certain factors that are hindering the growth of the market. Though PLA is a bio-based material and can be degraded completely, it requires specific industrial composting system to get completely degraded. Moreover, there are other renewable packaging alternatives hitting the market, for example agricultural fiber products produced using natural fibers such as bamboo, bagasse, bulrush and palm fiber.
Key Benefits • The report offers in-depth analysis of the global PLA market, segmented into raw materials, applications and geographies • Quantitative analysis of the current market and estimations through 2013-2020 • Analysis of the market factors in various geographic regions that help to understand business opportunities in specific regions • Identification of key investment pockets in various segments of the market • Identification and analysis of key strategies followed by the key market players • Top factors that are expected to affect the growth of the market along with impact analysis of every such factor • Micro level analysis based on application, service and geography
Table Of Content Introduction Executive Summary Key Findings: Pla Market Study Global Pla Market By Application Pla Production And Raw Materials Pla And Geographic Markets Company Profiles Get full T.O.C. at: http://www.reportsandintelligence.com/polylactic-acid-market/table-of-contents
PLA MarketBy Geography Asia Pacific to be the fastest growing market at CAGR of 21.6%by2013-2020
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