Allied Market Research Single User License: US $ 4515 Multi User License: US $ 7515 Corporate License: US $ 10515 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. 101 Pages Report 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
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Polylactic Acid (PLA) Market in Packaging, Textile, Agriculture, Transportation, Bio-Medical, Electronics and Others - Global Industry Size, Company Share, Growth, Trends, Strategic
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.
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Allied Market Research
Single User License: US $ 4515
Multi User License: US $ 7515
Corporate License: US $ 10515
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.
101
Pages
Report
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) 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 cornstarch, sugarcane, wheat, tapioca roots. PLA has wide application such as in Packaging, Textile,Agriculture, Transportation, Bio-Medical and Electronics industry. Due to environmental concernsand scarcity & volatility of prices of fossil fuels, many companies and government regulatory bodiesare focusing to find substitute to oil-based products. Moreover, bio based plastics has hugepotential to reduce the consumption and dependency on petroleum based feedstock and lessennegative impact on environment by reducing carbon footprints. Thus, PLA has emerged mainly assource of biodegradable plastics available in the market in recent years. Furthermore, ongoingresearch and technical development in the field of bio-based plastics have enhanced theirproperties such as high temperature resistance, thus increasing scope of its application market. Theglobal Polylactic Acid market is presently facing supply crunch as few international manufacturerstrying hard to meet rapidly rising demand for bio-based plastics. Thus, it is anticipated that theglobal Polylactic Acid market will grow at a double digit growth rate.
Meanwhile, raw materials such as corn, genetically modified wheat, sugarcane etc. is abundantlyavailable in Asia Pacific region mainly China thus manufacturers can take advantage of this inavailing cost benefit. Moreover, distribution channel also plays a vital role in the life cyclemanagement 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 -