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Polylactic Acid (PLA) Market in Packaging, Textile, Agricult

Polylactic Acid (PLA) Market in Packaging, Textile, Agricult

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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Polylactic Acid (PLA) Market

Polylactic Acid (PLA) Market

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.

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Polylactic Acid (PLA) Market Segmentation, Forecast, Market Analysis, Global Industry Size and Share to 2023

Polylactic Acid (PLA) Market Segmentation, Forecast, Market Analysis, Global Industry Size and Share to 2023

Polylactic Acid market is expected to grow at CAGR of 17.2% from 2018 to 2023. Environmental concerns, Government policies, and unstable crude prices are motivating the market. The packaging is the largest segment of PLA and expected to be the largest segment in the year 2023, however, construction material is an emerging market and growing at a CAGR of xx% from 2018 to 2023. High demand from PLA 3D printing Filaments is driving the construction material segment. Visit here to know more about Polylactic Acid (PLA) Market study https://www.omrglobal.com/industry-reports/polylactic-acid-market/

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