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Market Research Report
Product code 
1063484

Polylactic Acid (PLA) Market by Grade (Thermoforming, Extrusion, Injection Molding, Blow Molding), Application (Rigid Thermoform, Film&Sheet, Bottles), End-use Industry (Packaging, Consumer Goods, Agricultural, Textile) & Region - Global Forecast -2026

Published: | MarketsandMarkets | 184 Pages | Delivery time: 1-2 business days

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Polylactic Acid (PLA) Market by Grade (Thermoforming, Extrusion, Injection Molding, Blow Molding), Application (Rigid Thermoform, Film&Sheet, Bottles), End-use Industry (Packaging, Consumer Goods, Agricultural, Textile) & Region - Global Forecast -2026
Published: February 23, 2022
MarketsandMarkets
Content info: 184 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents

The global PLA market size is projected to grow from USD 1.0 billion in 2021 to USD 1.9 billion by 2026, at a CAGR of 12.2% between 2021 and 2026. The market is driven by various factor such as increasing demand of PLA in packaging industry, government regulations in Europe, increased focus of government on green procurement policies, and shift in consumer preference toward eco-friendly and biodegradable plastic products. Moreover, high potential in emerging countries of APAC such as India, and China, and multi-functionalities of PLA is expected to drive the market during the forecast period. However, the market is in the nascent stage in developing countries due to the challenges, such as processing after the end of life, fluctuation in oil prices, performance limitations of PLA, and limited regulations of PLA in developing countries.

Changing consumer preference toward eco-friendly plastic products is driving the demand for PLA during the forecast period

The PLA market in European countries such as Germany, and UK is expected to witness high growth, owing to Improving consumer awareness regarding sustainable plastic solutions. Moreover, increasing landfills and waste piles have emerged as serious environmental, and health hazards resulted in numerous adverse effects on the ecosystem. Rising consumer awareness due to adverse effects of traditional plastics is encouraging the use of PLA. Additionally, rising investment in new packaging technology, and strict government norms regarding plastic usage and ban on single-use plastics is expected to increase the growth rate in Europe, during the forecast period.

Government focus on green procurement policies and regulations to boost the demand for PLA during the forecast period

Rising prohibition against conventional plastics, and government regulations towards development of sustainable ecosystem is driving the PLA market worldwide. Developed countries such as Europe, and North America are becoming more stringent, and encouraging the use of sustainable and eco-friendly products. Various government are implementing new policies and programs such as green dot system in Europe, and initiatives such as "Bio Preferred" in North America to promote PLA. Moreover, to curb the use of conventional plastics, various governments are providing tax benefits, and incentives to promotes eco-friendly materials to reduce the consumption of plastics.

Europe to dominate the PLA market in 2020

Europe is the largest market for PLA, owing to the strict government norms regarding plastic usage and ban on single-use plastics. Additionally, European countries are investing heavily in new packaging technology to suit customer demands and needs. Countries such as Germany, and UK have established food & beverage industry (particularly packed food), and environmentally inclined rules & regulations is expected to boost the demand for the PLA market during the forecast period.

In-depth interviews were conducted with chief executive officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the PLA market.

  • By Company Type - Tier 1: 40%, Tier 2: 30%, and Tier 3: 30%
  • By Designation - D Level: 10%, C Level: 20%, Others: 70%
  • By Region - Europe: 30%, APAC: 30%, North America: 20%, South America: 10%, The Middle East & Africa: 10%

The PLA market comprises major players such as NatureWorks LLC (US), Total Corbion PLA (Netherlands), BASF SE (Germany), Futerro (Belgium), COFCO (China), Mitsubishi Chemicals Corporation (Japan), Danimer Scientific (US), UNITIKA LTD.(Japan), Evonik Industries (Germany), and TORAY INDUSTRIES, INC (Japan), and others. The study includes in-depth competitive analysis of these key players in the PLA market, with their company profiles, recent developments, and key market strategies.

Research Coverage:

The market study covers the PLA market and its segments. It aims at estimating the market size and the growth potential of this market across different segments such as by grades, applications, end-use industries, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:

The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall PLA market and the sub-segments. The stakeholders will be able to understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. It will also help stakeholders comprehend the pulse of the market and provide them with information on key market drivers, restraints, and opportunities.

Product Code: CH 8047

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 OBJECTIVES OF THE STUDY
  • 1.2 MARKET DEFINITION
  • 1.3 INCLUSIONS & EXCLUSIONS
    • TABLE 1 PLA MARKET: INCLUSIONS & EXCLUSIONS
  • 1.4 MARKET SCOPE
    • 1.4.1 MARKET SEGMENTATION
    • 1.4.2 REGIONS COVERED
    • 1.4.3 YEARS CONSIDERED FOR THE STUDY
  • 1.5 CURRENCY
  • 1.6 UNIT CONSIDERED
  • 1.7 STAKEHOLDERS

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • FIGURE 1 PLA: RESEARCH DESIGN
    • 2.1.1 SECONDARY DATA
      • 2.1.1.1 List of major secondary sources
      • 2.1.1.2 Key data from secondary sources
    • 2.1.2 PRIMARY DATA
      • 2.1.2.1 Key data from primary sources
    • 2.1.3 PRIMARIES
      • 2.1.3.1 Primary interviews - demand and supply-side
      • 2.1.3.2 Key industry insights
      • 2.1.3.3 Breakdown of primary interviews
  • 2.2 MARKET SIZE ESTIMATION
    • FIGURE 2 MARKET SIZE ESTIMATION: APPROACH 1
    • FIGURE 3 MARKET SIZE ESTIMATION: APPROACH 2
    • 2.2.1 TOP-DOWN APPROACH
      • 2.2.1.1 Approach for arriving at market size using top-down analysis
    • FIGURE 4 TOP-DOWN APPROACH
    • 2.2.2 BOTTOM-UP APPROACH
      • 2.2.2.1 Approach for arriving at market size using bottom-up analysis
    • FIGURE 5 BOTTOM-UP APPROACH
  • 2.3 FORECAST NUMBER CALCULATION
    • FIGURE 6 DEMAND-SIDE FORECAST PROJECTIONS
  • 2.4 DATA TRIANGULATION
    • FIGURE 7 PLA MARKET: DATA TRIANGULATION
  • 2.5 FACTOR ANALYSIS
  • 2.6 ASSUMPTIONS
  • 2.7 LIMITATIONS & RISKS ASSOCIATED WITH THE PLA MARKET

3 EXECUTIVE SUMMARY

    • FIGURE 8 THERMOFORMING GRADE TO LEAD PLA MARKET DURING FORECAST PERIOD
    • FIGURE 9 RIGID THERMOFORM APPLICATION TO LEAD THE MARKET
    • FIGURE 10 PACKAGING INDUSTRY TO DOMINATE OVERALL PLA MARKET BETWEEN 2021 AND 2026
    • FIGURE 11 EUROPE LED PLA MARKET IN 2020

4 PREMIUM INSIGHTS

  • 4.1 DEVELOPED ECONOMIES TO WITNESS RELATIVELY HIGHER GROWTH
    • FIGURE 12 ASIA PACIFIC OFFERS ATTRACTIVE OPPORTUNITIES IN PLA MARKET DURING FORECAST PERIOD
  • 4.2 PLA MARKET, BY GRADE
    • FIGURE 13 THERMOFORMING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
  • 4.3 PLA MARKET, BY APPLICATION
    • FIGURE 14 RIGID THERMOFORM APPLICATION PROJECTED TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
  • 4.4 PLA MARKET, BY END-USE INDUSTRY
    • FIGURE 15 PACKAGING SEGMENT PROJECTED TO LEAD OVERALL MARKET
  • 4.5 PLA MARKET, BY COUNTRY
    • FIGURE 16 MARKET IN UK PROJECTED TO REGISTER HIGHEST CAGR FROM 2021 TO 2026

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    • FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN PLA MARKET
    • 5.2.1 DRIVERS
      • 5.2.1.1 Changing consumer preference toward eco-friendly plastic products
    • TABLE 2 ADVERSE HEALTH EFFECTS DUE TO USE OF CONVENTIONAL PLASTICS
      • 5.2.1.2 Increasing use in packaging and compostable bag applications
      • 5.2.1.3 Government focus on green procurement policies and regulations
    • TABLE 3 REGULATIONS ON USE OF PLASTIC BAGS
      • 5.2.1.4 Technological advancements to encourage production of PLA
    • 5.2.2 RESTRAINTS
      • 5.2.2.1 Higher prices of PLA than conventional plastics
    • 5.2.3 OPPORTUNITIES
      • 5.2.3.1 Development of new applications
      • 5.2.3.2 High potential in emerging countries of Asia Pacific
      • 5.2.3.3 Multi-functionalities of PLA
    • 5.2.4 CHALLENGES
      • 5.2.4.1 Performance issue
      • 5.2.4.2 Fluctuating oil prices create volatility in demand for PLA
    • FIGURE 18 CRUDE OIL PRICES FROM 2014 TO 2020
      • 5.2.4.3 Expensive and complex production process
  • 5.3 PORTER'S FIVE FORCES ANALYSIS
    • FIGURE 19 PORTER'S FIVE FORCES ANALYSIS: PLA MARKET
    • 5.3.1 BARGAINING POWER OF SUPPLIERS
    • 5.3.2 BARGAINING POWER OF BUYERS
    • 5.3.3 THREAT OF SUBSTITUTES
    • 5.3.4 THREAT OF NEW ENTRANTS
    • 5.3.5 INTENSITY OF COMPETITIVE RIVALRY
    • TABLE 4 PLA MARKET: PORTER'S FIVE FORCES ANALYSIS
  • 5.4 VALUE CHAIN ANALYSIS
    • FIGURE 20 PLA MARKET: VALUE CHAIN
    • 5.4.1 RAW MATERIAL SUPPLIERS
    • 5.4.2 MANUFACTURERS
    • 5.4.3 DISTRIBUTORS
    • 5.4.4 END-CONSUMERS
  • 5.5 PATENT ANALYSIS
    • 5.5.1 METHODOLOGY
    • 5.5.2 DOCUMENT TYPE
    • TABLE 5 TOTAL NUMBER OF PATENTS
    • FIGURE 21 TOTAL NUMBER OF PATENTS
    • 5.5.3 PUBLICATION TRENDS, 2021-2020
    • FIGURE 22 NUMBER OF PATENTS YEAR-WISE FROM 2010 TO 2020
    • 5.5.4 INSIGHTS
    • 5.5.5 LEGAL STATUS OF PATENTS
    • FIGURE 23 PATENT ANALYSIS, BY LEGAL STATUS
    • 5.5.6 JURISDICTION ANALYSIS
    • FIGURE 24 TOP JURISDICTION - BY DOCUMENT
    • 5.5.7 TOP COMPANIES/APPLICANTS
    • FIGURE 25 TOP 10 COMPANIES/APPLICANTS WITH HIGHEST NUMBER OF PATENTS
      • 5.5.7.1 Patents by Toray Industries
    • TABLE 6 PATENTS BY TORAY INDUSTRIES
      • 5.5.7.2 Patents by Teijin Limited
    • TABLE 7 PATENTS BY TEIJIN LIMITED
      • 5.5.7.3 Patents by SK Chemicals Co. Ltd.
    • TABLE 8 PATENTS BY SK CHEMICALS CO. LTD.
    • 5.5.8 TOP 10 PATENT OWNERS (US) IN LAST 10 YEARS
    • TABLE 9 TOP TEN PATENT OWNERS
  • 5.6 RAW MATERIAL ANALYSIS
    • FIGURE 26 MANUFACTURING PROCESSES OF PLA
    • 5.6.1 STARCH
    • 5.6.2 TAPIOCA ROOT
    • 5.6.3 CHIPS
    • 5.6.4 SUGARCANE
  • 5.7 TARIFF & REGULATIONS
    • 5.7.1 NORTH AMERICA
      • 5.7.1.1 US
      • 5.7.1.2 Canada
    • 5.7.2 ASIA PACIFIC
    • 5.7.3 EUROPE
  • 5.8 TRADE ANALYSIS
    • TABLE 10 IMPORT TRADE DATA OF PLA FOR TOP 10 COUNTRIES, 2016-2020 (USD THOUSAND)
    • TABLE 11 EXPORT TRADE DATA OF PLA FOR TOP 10 COUNTRIES, 2016-2020 (USD THOUSAND)
  • 5.9 ECOSYSTEM MAPPING
    • FIGURE 27 PLA MARKET: ECOSYSTEM MAPPING
    • TABLE 12 PLA: ECOSYSTEM
  • 5.10 TECHNOLOGY ANALYSIS
    • 5.10.1 DEVELOPMENT OF NANOCELLULOSE AND NANOCOMPOSITES
  • 5.11 TRENDS/DISRUPTIONS IMPACTING CUSTOMER'S BUSINESS
    • FIGURE 28 TRENDS IN PLA MARKET
  • 5.12 MACROECONOMIC ANALYSIS
    • TABLE 13 PROJECTED REAL GDP GROWTH (ANNUAL PERCENT CHANGE) OF KEY COUNTRIES, 2018-2025
  • 5.13 AVERAGE SELLING PRICE ANALYSIS
    • FIGURE 29 AVERAGE YEARLY PRICING, BY GRADE
  • 5.14 COVID-19 IMPACT ANALYSIS
    • 5.14.1 COVID-19 ECONOMIC ASSESSMENT
    • 5.14.2 EFFECTS ON GDP OF COUNTRIES
    • 5.14.3 CONFIRMED CASES AND DEATHS, BY GEOGRAPHY
    • FIGURE 30 IMPACT OF COVID-19, BASED ON COUNTRY
    • 5.14.4 IMPACT ON END-USE INDUSTRIES
      • 5.14.4.1 Packaging
      • 5.14.4.2 Consumer Goods
      • 5.14.4.3 Textile
      • 5.14.4.4 Agriculture & Horticulture

6 POLYLACTIC ACID MARKET, BY GRADE

  • 6.1 INTRODUCTION
    • FIGURE 31 THERMOFORMING GRADE TO BE LARGEST SEGMENT
    • TABLE 14 PLA MARKET SIZE, BY GRADE, 2019-2026 (KILOTON)
    • TABLE 15 PLA MARKET SIZE, BY GRADE, 2019-2026 (USD MILLION)
  • 6.2 THERMOFORMING GRADE
  • 6.3 INJECTION MOLDING GRADE
  • 6.4 EXTRUSION GRADE
  • 6.5 BLOW MOLDING GRADE
  • 6.6 OTHERS

7 POLYLACTIC ACID MARKET, BY APPLICATION

  • 7.1 INTRODUCTION
    • FIGURE 32 RIGID THERMOFORM TO BE FASTEST-GROWING SEGMENT IN OVERALL MARKET
    • TABLE 16 PLA MARKET SIZE, BY APPLICATION, 2019-2026 (KILOTON)
    • TABLE 17 PLA MARKET SIZE, BY APPLICATION, 2019-2026 (USD MILLION)
  • 7.2 RIGID THERMOFORMS
  • 7.3 FILMS & SHEETS
  • 7.4 BOTTLES
  • 7.5 OTHERS

8 POLYLACTIC ACID MARKET, BY END-USE INDUSTRY

  • 8.1 INTRODUCTION
    • FIGURE 33 PACKAGING INDUSTRY TO DRIVE PLA MARKET BETWEEN 2021 AND 2026
    • TABLE 18 PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 19 PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
  • 8.2 PACKAGING
    • 8.2.1 FOOD PACKAGING
    • 8.2.2 NON-FOOD PACKAGING
  • 8.3 CONSUMER GOODS
    • 8.3.1 ELECTRICAL APPLIANCES
    • 8.3.2 DOMESTIC APPLIANCES
  • 8.4 AGRICULTURAL
    • 8.4.1 PLANTER BOXES
    • 8.4.2 TAPES & MULCH FILMS
    • 8.4.3 NETTING
  • 8.5 TEXTILE
    • 8.5.1 DIAPERS AND WIPES
    • 8.5.2 FEMALE HYGIENE
    • 8.5.3 PERSONAL CARE, CLOTHES, DISPOSABLE GARMENTS, MEDICAL & HEALTHCARE, AND OTHER TEXTILES
  • 8.6 BIOMEDICAL
    • 8.6.1 MEDICAL PLATES & SCREWS
    • 8.6.2 IMPLANTS
  • 8.7 OTHERS

9 POLYLACTIC ACID MARKET, BY REGION

  • 9.1 INTRODUCTION
    • FIGURE 34 UK, GERMANY, JAPAN TO BE FASTEST-GROWING MARKETS DURING THE FORECAST PERIOD
    • TABLE 20 PLA MARKET SIZE, BY REGION, 2019-2026 (KILOTON)
    • TABLE 21 PLA MARKET SIZE, BY REGION, 2019-2026 (USD MILLION)
  • 9.2 ASIA PACIFIC
    • FIGURE 35 ASIA PACIFIC: PLA MARKET SNAPSHOT
    • TABLE 22 ASIA PACIFIC: PLA MARKET SIZE, BY COUNTRY, 2019-2026 (KILOTON)
    • TABLE 23 ASIA PACIFIC: PLA MARKET SIZE, BY COUNTRY, 2019-2026 (USD MILLION)
    • TABLE 24 ASIA PACIFIC: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 25 ASIA PACIFIC: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
    • 9.2.1 CHINA
      • 9.2.1.1 Increasing use of PLA by packaging and consumer goods industries to drive market
    • TABLE 26 CHINA: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 27 CHINA: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
    • 9.2.2 INDIA
      • 9.2.2.1 Single-use plastics ban and NGO initiatives to boost the market
    • TABLE 28 INDIA: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 29 INDIA: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
    • 9.2.3 JAPAN
      • 9.2.3.1 Research on development of better PLA grades to drive the market
    • TABLE 30 JAPAN: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 31 JAPAN: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
    • 9.2.4 SOUTH KOREA
      • 9.2.4.1 Government policies supporting market growth
    • TABLE 32 SOUTH KOREA: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 33 SOUTH KOREA: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
    • 9.2.5 REST OF ASIA PACIFIC
    • TABLE 34 REST OF ASIA PACIFIC: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 35 REST OF ASIA PACIFIC: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
  • 9.3 EUROPE
    • FIGURE 36 EUROPE: PLA MARKET SNAPSHOT
    • TABLE 36 EUROPE: PLA MARKET SIZE, BY COUNTRY, 2019-2026 (KILOTON)
    • TABLE 37 EUROPE: PLA MARKET SIZE, BY COUNTRY, 2019-2026 (USD MILLION)
    • TABLE 38 EUROPE: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 39 EUROPE: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
    • 9.3.1 GERMANY
      • 9.3.1.1 Government programs for controlling use of conventional plastic to drive the market
    • TABLE 40 GERMANY: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 41 GERMANY: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
    • 9.3.2 UK
      • 9.3.2.1 Stringent regulations regarding use of single-use plastics driving the market
    • TABLE 42 UK: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 43 UK: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
    • 9.3.3 FRANCE
      • 9.3.3.1 Government initiatives leading to a shift toward use of PLA
    • TABLE 44 FRANCE: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 45 FRANCE: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
    • 9.3.4 ITALY
      • 9.3.4.1 Food packaging industry to drive the demand
    • TABLE 46 ITALY: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 47 ITALY: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
    • 9.3.5 SPAIN
      • 9.3.5.1 Public awareness driving the demand
    • TABLE 48 SPAIN: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 49 SPAIN: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
    • 9.3.6 REST OF EUROPE
    • TABLE 50 REST OF EUROPE: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 51 REST OF EUROPE: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
  • 9.4 NORTH AMERICA
    • FIGURE 37 NORTH AMERICA: PLA MARKET SNAPSHOT
    • TABLE 52 NORTH AMERICA: PLA MARKET SIZE, BY COUNTRY, 2019-2026 (KILOTON)
    • TABLE 53 NORTH AMERICA: PLA MARKET SIZE, BY COUNTRY, 2019-2026 (USD MILLION)
    • TABLE 54 NORTH AMERICA: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 55 NORTH AMERICA: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
    • 9.4.1 US
      • 9.4.1.1 Limitations on use of conventional plastic in packaging industry to drive market
    • TABLE 56 US: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 57 US: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
    • 9.4.2 CANADA
      • 9.4.2.1 Stringent regulations driving demand for PLA
    • TABLE 58 CANADA: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 59 CANADA: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
    • 9.4.3 MEXICO
      • 9.4.3.1 Growing R&D to drive PLA market in the country
    • TABLE 60 MEXICO: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 61 MEXICO: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
  • 9.5 MIDDLE EAST & AFRICA
    • TABLE 62 MIDDLE EAST & AFRICA: PLA MARKET SIZE, BY COUNTRY, 2019-2026 (KILOTON)
    • TABLE 63 MIDDLE EAST & AFRICA: PLA MARKET SIZE, BY COUNTRY, 2019-2026 (USD MILLION)
    • TABLE 64 MIDDLE EAST & AFRICA: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 65 MIDDLE EAST & AFRICA: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
    • 9.5.1 SAUDI ARABIA
      • 9.5.1.1 Government regulations controlling use of conventional plastics to drive the market
    • TABLE 66 SAUDI ARABIA: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 67 SAUDI ARABIA: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
    • 9.5.2 UAE
      • 9.5.2.1 Focus on medical tourism and healthcare infrastructure to drive the market
    • TABLE 68 UAE: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 69 UAE: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
    • 9.5.3 REST OF MIDDLE EAST & AFRICA
    • TABLE 70 REST OF MIDDLE EAST & AFRICA: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 71 REST OF MIDDLE EAST & AFRICA: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
  • 9.6 SOUTH AMERICA
    • TABLE 72 SOUTH AMERICA: PLA MARKET SIZE, BY COUNTRY, 2019-2026 (KILOTON)
    • TABLE 73 SOUTH AMERICA: PLA MARKET SIZE, BY COUNTRY, 2019-2026 (USD MILLION)
    • TABLE 74 SOUTH AMERICA: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 75 SOUTH AMERICA: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
    • 9.6.1 BRAZIL
      • 9.6.1.1 Abundance of raw material to support the market
    • TABLE 76 BRAZIL: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 77 BRAZIL: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)
    • 9.6.2 REST OF SOUTH AMERICA
    • TABLE 78 REST OF SOUTH AMERICA: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (KILOTON)
    • TABLE 79 REST OF SOUTH AMERICA: PLA MARKET SIZE, BY END-USE INDUSTRY, 2019-2026 (USD MILLION)

10 COMPETITIVE LANDSCAPE

  • 10.1 INTRODUCTION
  • 10.2 STRATEGIES ADOPTED BY KEY PLAYERS
    • FIGURE 38 COMPANIES ADOPTED INVESTMENTS & EXPANSIONS AND NEW PRODUCT DEVELOPMENTS AS KEY GROWTH STRATEGIES BETWEEN 2017-2021
  • 10.3 MARKET SHARE ANALYSIS
    • 10.3.1 RANKING OF KEY MARKET PLAYERS
    • FIGURE 39 RANKING OF TOP FIVE PLAYERS IN PLA MARKET, 2020
    • 10.3.2 MARKET SHARE OF KEY PLAYERS, 2020
    • FIGURE 40 PLA MARKET SHARE, BY COMPANY (2020)
    • TABLE 80 PLA MARKET: DEGREE OF COMPETITION
  • 10.4 REVENUE ANALYSIS OF TOP PLAYERS
    • TABLE 81 PLA MARKET: REVENUE ANALYSIS (USD)
  • 10.5 MARKET EVALUATION MATRIX
    • TABLE 82 MARKET EVALUATION MATRIX
  • 10.6 COMPANY EVALUATION MATRIX
    • 10.6.1 STAR
    • 10.6.2 EMERGING LEADERS
    • 10.6.3 PERVASIVE
    • FIGURE 41 PLA MARKET: COMPANY EVALUATION MATRIX, 2020
  • 10.7 COMPANY FOOTPRINT
    • TABLE 83 OVERALL COMPANY FOOTPRINT
    • TABLE 84 COMPANY APPLICATION FOOTPRINT
    • TABLE 85 COMPANY MATERIAL FOOTPRINT
    • TABLE 86 COMPANY REGION FOOTPRINT
    • 10.7.1 STRENGTH OF PRODUCT PORTFOLIO
    • 10.7.2 BUSINESS STRATEGY EXCELLENCE
  • 10.8 STARTUPS AND SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX
    • 10.8.1 PROGRESSIVE COMPANY
    • 10.8.2 RESPONSIVE COMPANIES
    • 10.8.3 STARTING BLOCKS
    • FIGURE 42 PLA MARKET: STARTUPS AND SMES MATRIX, 2020
  • 10.9 COMPETITIVE SCENARIO
    • 10.9.1 NEW PRODUCT LAUNCHES
    • TABLE 87 NEW PRODUCT LAUNCHES, 2017-2021
    • 10.9.2 DEALS
    • TABLE 88 DEALS, 2017-2021
    • 10.9.3 OTHER DEVELOPMENTS
    • TABLE 89 OTHER DEVELOPMENTS, 2017-2021

11 COMPANY PROFILES

  • (Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))**
  • 11.1 KEY PLAYERS
    • 11.1.1 NATUREWORKS LLC
    • TABLE 90 NATUREWORKS LLC: COMPANY OVERVIEW
    • TABLE 91 NATUREWORKS LLC: PRODUCT LAUNCHES
    • TABLE 92 NATUREWORKS LLC: DEALS
    • TABLE 93 NATUREWORKS LLC: OTHERS
    • 11.1.2 TOTAL CORBION PLA
    • TABLE 94 TOTAL CORBION PLA: COMPANY OVERVIEW
    • TABLE 95 TOTAL CORBION PLA: PRODUCT LAUNCHES
    • TABLE 96 TOTAL CORBION PLA: DEALS
    • TABLE 97 TOTAL CORBION PLA: OTHERS
    • 11.1.3 BASF SE
    • TABLE 98 BASF SE: COMPANY OVERVIEW
    • FIGURE 43 BASF SE: COMPANY SNAPSHOT
    • TABLE 99 BASF SE: DEALS
    • 11.1.4 COFCO
    • TABLE 100 COFCO: COMPANY OVERVIEW
    • TABLE 101 COFCO: OTHERS
    • 11.1.5 FUTERRO
    • TABLE 102 FUTERRO: COMPANY OVERVIEW
    • TABLE 103 FUTERRO: OTHERS
    • 11.1.6 DANIMER SCIENTIFIC
    • TABLE 104 DANIMER SCIENTIFIC: COMPANY OVERVIEW
    • FIGURE 44 DANIMER SCIENTIFIC: COMPANY SNAPSHOT
    • TABLE 105 DANIMER SCIENTIFIC: DEALS
    • TABLE 106 DANIMER SCIENTIFIC: OTHERS
    • 11.1.7 TORAY INDUSTRIES, INC.
    • TABLE 107 TORAY INDUSTRIES, INC.: COMPANY OVERVIEW
    • FIGURE 45 TORAY INDUSTRIES, INC.: COMPANY SNAPSHOT
    • TABLE 108 TORAY INDUSTRIES, INC.: PRODUCT LAUNCHES
    • 11.1.8 EVONIK INDUSTRIES
    • TABLE 109 EVONIK INDUSTRIES: COMPANY OVERVIEW
    • FIGURE 46 EVONIK INDUSTRIES: COMPANY SNAPSHOT
    • TABLE 110 EVONIK INDUSTRIES: PRODUCT LAUNCHES
    • TABLE 111 EVONIK INDUSTRIES: DEALS
    • TABLE 112 EVONIK INDUSTRIES: OTHERS
    • 11.1.9 MITSUBISHI CHEMICAL CORPORATION
    • TABLE 113 MITSUBISHI CHEMICAL CORPORATION: COMPANY OVERVIEW
    • FIGURE 47 MITSUBISHI CHEMICAL CORPORATION: COMPANY SNAPSHOT
    • TABLE 114 MITSUBISHI CHEMICAL CORPORATION: OTHERS
    • 11.1.10 UNITIKA LTD.
    • TABLE 115 UNITIKA LTD.: COMPANY OVERVIEW
  • 11.2 OTHER PLAYERS
    • 11.2.1 ZHEJIANG HISUN BIOMATERIALS CO., LTD.
    • 11.2.2 SHANGHAI TONG-JIE-LIANG BIOMATERIALSCO., LTD.
    • 11.2.3 CHONGQING BOFEI BIOCHEMICAL PRODUCTS, LTD.
    • 11.2.4 ZHANGJIAGANG CREATE MATERIAL CO., LTD.
    • 11.2.5 SYNBRA TECHNOLOGY
    • 11.2.6 SUMITOMO CHEMICAL CO., LTD.
    • 11.2.7 FKUR
    • 11.2.8 MUSASHINO CHEMICAL LABORATORY, LTD.
    • 11.2.9 AKRO-PLASTIC GMBH
    • 11.2.10 VAISHNAVI BIO TECH
    • 11.2.11 CARBIOLICE
    • 11.2.12 SHENZHEN ESUN INDUSTRIAL CO., LTD.
    • 11.2.13 JIANGSU SUPLA BIOPLASTICS CO., LTD.
    • 11.2.14 NANTONG JIUDING BIOLOGICAL ENGINEERING CO., LTD.
    • 11.2.15 FLOREON
  • *Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.

12 APPENDIX

  • 12.1 DISCUSSION GUIDE
  • 12.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
  • 12.3 AVAILABLE CUSTOMIZATIONS
  • 12.4 RELATED REPORTS
  • 12.5 AUTHOR DETAILS