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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1778548

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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1778548

Global Poly Lactic Acid (PLA) Market Size Study & Forecast, by Raw Material, Application, End-use, and Regional Forecasts 2025-2035

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The Global Poly Lactic Acid (PLA) Market is valued at approximately USD 0.86 billion in 2024 and is projected to witness an exceptional compound annual growth rate of 21.40% over the forecast period 2025 to 2035. PLA, a biodegradable thermoplastic derived from renewable resources such as corn starch or sugarcane, has swiftly emerged as a compelling alternative to petroleum-based plastics. It is steadily carving a niche across industries including packaging, agriculture, textiles, and biomedical applications, owing to its environmentally friendly profile, compostability, and versatility in processing. As global environmental regulations tighten and consumer sentiment leans toward sustainable products, the PLA market is being reshaped by innovation and eco-conscious mandates, particularly in developed economies where sustainability is becoming a cornerstone of industrial transformation.

What makes PLA particularly appealing is its ability to seamlessly replace traditional plastics in key areas like rigid thermoforming, films, and bottle production-without significant compromise on performance. With the packaging sector undergoing a paradigm shift to align with circular economy models, manufacturers are increasingly adopting PLA in disposable packaging, especially in food and beverage applications. The push for single-use plastic bans and the rising preference for biodegradable packaging materials in consumer products are also fueling demand. Furthermore, in the medical and agricultural industries, PLA's biocompatibility and biodegradability are being leveraged for drug delivery systems, surgical implants, mulch films, and more-presenting a wide array of commercial avenues.

Regionally, North America currently dominates the global PLA market due to its robust bioplastics R&D infrastructure, regulatory support for sustainable material use, and strong presence of key market players. Europe follows closely, supported by aggressive sustainability goals, circular economy policies, and growing consumer awareness. The European Union's push to reduce plastic waste and invest in bio-based materials is creating fertile ground for PLA expansion. However, the Asia Pacific region is expected to emerge as the fastest-growing market throughout the forecast period. Countries such as China, Japan, and India are witnessing a rapid upsurge in bioplastic adoption fueled by expanding manufacturing bases, government initiatives for green material use, and increasing environmental consciousness among urban populations. Moreover, the region's agriculture-based economies provide easy access to biomass feedstock such as corn and cassava, making it an ideal hub for PLA production.

Major market players included in this report are:

  • BASF SE
  • NatureWorks LLC
  • Total Corbion PLA
  • Danimer Scientific
  • Futerro SA
  • Mitsubishi Chemical Holdings Corporation
  • Zhejiang Hisun Biomaterials Co., Ltd.
  • Toray Industries, Inc.
  • Evonik Industries AG
  • Green Dot Bioplastics
  • Synbra Technology BV
  • Teijin Limited
  • LG Chem
  • Shanghai Tong-Jie-Liang Biomaterials Co., Ltd.
  • Biome Bioplastics Limited

Global Poly Lactic Acid (PLA) Market Report Scope:

  • Historical Data - 2023, 2024
  • Base Year for Estimation - 2024
  • Forecast period - 2025-2035
  • Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
  • Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
  • Customization Scope - Free report customization (equivalent up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segments of the market are explained below:

By Raw Material:

  • Corn Starch
  • Sugarcane
  • Cassava

By Application:

  • Rigid Thermoform
  • Films & Sheets
  • Bottles

By End-use:

  • Packaging
  • Agriculture
  • Medical
  • Textile
  • Electronics
  • Others

By Region:

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of Middle East & Africa

Key Takeaways:

  • Market Estimates & Forecast for 10 years from 2025 to 2035.
  • Annualized revenues and regional level analysis for each market segment.
  • Detailed analysis of geographical landscape with Country level analysis of major regions.
  • Competitive landscape with information on major players in the market.
  • Analysis of key business strategies and recommendations on future market approach.
  • Analysis of competitive structure of the market.
  • Demand side and supply side analysis of the market.

Table of Contents

Chapter 1. Global Poly Lactic Acid (PLA) Market Report Scope & Methodology

  • 1.1. Research Objective
  • 1.2. Research Methodology
    • 1.2.1. Forecast Model
    • 1.2.2. Desk Research
    • 1.2.3. Top Down and Bottom-Up Approach
  • 1.3. Research Attributes
  • 1.4. Scope of the Study
    • 1.4.1. Market Definition
    • 1.4.2. Market Segmentation
  • 1.5. Research Assumption
    • 1.5.1. Inclusion & Exclusion
    • 1.5.2. Limitations
    • 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

  • 2.1. CEO/CXO Standpoint
  • 2.2. Strategic Insights
  • 2.3. ESG Analysis
  • 2.4. Key Findings

Chapter 3. Global Poly Lactic Acid (PLA) Market Forces Analysis

  • 3.1. Market Forces Shaping The Global Poly Lactic Acid (PLA) Market (2024-2035)
  • 3.2. Drivers
    • 3.2.1. Rising adoption of sustainable packaging and bioplastics in consumer industries
    • 3.2.2. Stringent regulatory frameworks against conventional plastic usage
    • 3.2.3. Increased R&D in biodegradable and compostable materials
  • 3.3. Restraints
    • 3.3.1. High production cost compared to traditional petroleum-based plastics
    • 3.3.2. Limited heat resistance and mechanical strength in PLA-based products
  • 3.4. Opportunities
    • 3.4.1. Technological innovation in polymer chemistry and PLA formulation
    • 3.4.2. Emerging demand in healthcare, agriculture, and electronics sectors

Chapter 4. Global Poly Lactic Acid (PLA) Industry Analysis

  • 4.1. Porter's 5 Forces Model
    • 4.1.1. Bargaining Power of Buyer
    • 4.1.2. Bargaining Power of Supplier
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
  • 4.2. Porter's 5 Forces Forecast Model (2024-2035)
  • 4.3. PESTEL Analysis
    • 4.3.1. Political
    • 4.3.2. Economical
    • 4.3.3. Social
    • 4.3.4. Technological
    • 4.3.5. Environmental
    • 4.3.6. Legal
  • 4.4. Top Investment Opportunities
  • 4.5. Top Winning Strategies (2025)
  • 4.6. Market Share Analysis (2024-2025)
  • 4.7. Global Pricing Analysis and Trends 2025
  • 4.8. Analyst Recommendation & Conclusion

Chapter 5. Global Poly Lactic Acid (PLA) Market Size & Forecasts by Raw Material 2025-2035

  • 5.1. Market Overview
  • 5.2. Global PLA Market Performance - Potential Analysis (2025)
  • 5.3. Corn Starch
    • 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
    • 5.3.2. Market Size Analysis, by Region, 2025-2035
  • 5.4. Sugarcane
    • 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
    • 5.4.2. Market Size Analysis, by Region, 2025-2035
  • 5.5. Cassava
    • 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
    • 5.5.2. Market Size Analysis, by Region, 2025-2035

Chapter 6. Global Poly Lactic Acid (PLA) Market Size & Forecasts by Application 2025-2035

  • 6.1. Market Overview
  • 6.2. Global PLA Market Performance - Potential Analysis (2025)
  • 6.3. Rigid Thermoform
    • 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
    • 6.3.2. Market Size Analysis, by Region, 2025-2035
  • 6.4. Films & Sheets
    • 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
    • 6.4.2. Market Size Analysis, by Region, 2025-2035
  • 6.5. Bottles
    • 6.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
    • 6.5.2. Market Size Analysis, by Region, 2025-2035

Chapter 7. Global Poly Lactic Acid (PLA) Market Size & Forecasts by End-use 2025-2035

  • 7.1. Packaging
  • 7.2. Agriculture
  • 7.3. Medical
  • 7.4. Textile
  • 7.5. Electronics
  • 7.6. Others

Chapter 8. Global Poly Lactic Acid (PLA) Market Size & Forecasts by Region 2025-2035

  • 8.1. Global PLA Market, Regional Market Snapshot
  • 8.2. Top Leading & Emerging Countries
  • 8.3. North America Poly Lactic Acid (PLA) Market
    • 8.3.1. U.S.
      • 8.3.1.1. Raw Material Breakdown Size & Forecasts, 2025-2035
      • 8.3.1.2. Application Breakdown Size & Forecasts, 2025-2035
    • 8.3.2. Canada
      • 8.3.2.1. Raw Material Breakdown Size & Forecasts, 2025-2035
      • 8.3.2.2. Application Breakdown Size & Forecasts, 2025-2035
  • 8.4. Europe Poly Lactic Acid (PLA) Market
    • 8.4.1. UK
      • 8.4.1.1. Raw Material Breakdown Size & Forecasts, 2025-2035
      • 8.4.1.2. Application Breakdown Size & Forecasts, 2025-2035
    • 8.4.2. Germany
      • 8.4.2.1. Raw Material Breakdown Size & Forecasts, 2025-2035
      • 8.4.2.2. Application Breakdown Size & Forecasts, 2025-2035
    • 8.4.3. France
      • 8.4.3.1. Raw Material Breakdown Size & Forecasts, 2025-2035
      • 8.4.3.2. Application Breakdown Size & Forecasts, 2025-2035
    • 8.4.4. Spain
    • 8.4.5. Italy
    • 8.4.6. Rest of Europe
  • 8.5. Asia Pacific Poly Lactic Acid (PLA) Market
    • 8.5.1. China
    • 8.5.2. India
    • 8.5.3. Japan
    • 8.5.4. Australia
    • 8.5.5. South Korea
    • 8.5.6. Rest of Asia Pacific
  • 8.6. Latin America Poly Lactic Acid (PLA) Market
    • 8.6.1. Brazil
    • 8.6.2. Mexico
  • 8.7. Middle East and Africa Poly Lactic Acid (PLA) Market
    • 8.7.1. UAE
    • 8.7.2. Saudi Arabia
    • 8.7.3. South Africa
    • 8.7.4. Rest of Middle East & Africa

Chapter 9. Competitive Intelligence

  • 9.1. Top Market Strategies
  • 9.2. BASF SE
    • Company Overview
    • Key Executives
    • Company Snapshot
    • Financial Performance (Subject to Data Availability)
    • Product/Services Port
    • Recent Development
    • Market Strategies
    • SWOT Analysis
  • 9.3. NatureWorks LLC
  • 9.4. Total Corbion PLA
  • 9.5. Danimer Scientific
  • 9.6. Futerro SA
  • 9.7. Mitsubishi Chemical Holdings Corporation
  • 9.8. Zhejiang Hisun Biomaterials Co., Ltd.
  • 9.9. Toray Industries, Inc.
  • 9.10. Evonik Industries AG
  • 9.11. Green Dot Bioplastics
  • 9.12. Synbra Technology BV
  • 9.13. Teijin Limited
  • 9.14. LG Chem
  • 9.15. Shanghai Tong-Jie-Liang Biomaterials Co., Ltd.
  • 9.16. Biome Bioplastics Limited
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Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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