Global Biobased Polylactic Acid (PLA) Supply, Demand and Key Producers, 2024-2030

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Published Date: 25 Sep 2024

Category: Chemical & Material

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

Bio-based polylactic acid is a biodegradable polymer material, which is made from biomass materials such as sugar, starch and cellulose as raw materials, which are fermented to make lactic acid, and then polymerized from lactic acid to make polylactic acid polymer material.

The global Biobased Polylactic Acid (PLA) market size is expected to reach $ 1478 million by 2030, rising at a market growth of 3.5% CAGR during the forecast period (2024-2030).

The increasing global focus on sustainability, environmental regulations, and consumer preferences for eco-friendly products is a major driver for PLA demand. PLA is biodegradable, compostable, and derived from renewable sources (like corn starch or sugarcane), positioning it as an alternative to traditional petroleum-based plastics. Many governments are introducing stringent regulations to reduce plastic waste, promoting the use of biodegradable materials like PLA. For instance, bans on single-use plastics and incentives for using bio-based materials help fuel PLA market growth.

The packaging industry is one of the largest consumers of PLA due to its biodegradability and compostability. Food packaging, in particular, benefits from PLA's properties, aligning with increasing consumer demand for sustainable packaging in retail and food service sectors.

Advancements in production technologies are lowering the costs and improving the mechanical properties of PLA, making it competitive with conventional plastics in various applications. Continuous R&D into enhanced PLA blends and composites is expanding its use in more demanding applications.

Currently, the biggest technical barrier for the polylactic acid industry is the production of lactide. Impacted by the supply of lactide, Chinese polylactic acid manufacturers can't release production capacity quickly.

This report studies the global Biobased Polylactic Acid (PLA) production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Biobased Polylactic Acid (PLA) and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Biobased Polylactic Acid (PLA) that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Biobased Polylactic Acid (PLA) total production and demand, 2019-2030, (Tons)
Global Biobased Polylactic Acid (PLA) total production value, 2019-2030, (USD Million)
Global Biobased Polylactic Acid (PLA) production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (Tons), (based on production site)
Global Biobased Polylactic Acid (PLA) consumption by region & country, CAGR, 2019-2030 & (Tons)
U.S. VS China: Biobased Polylactic Acid (PLA) domestic production, consumption, key domestic manufacturers and share
Global Biobased Polylactic Acid (PLA) production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (Tons)
Global Biobased Polylactic Acid (PLA) production by Type, production, value, CAGR, 2019-2030, (USD Million) & (Tons)
Global Biobased Polylactic Acid (PLA) production by Application, production, value, CAGR, 2019-2030, (USD Million) & (Tons)
This report profiles key players in the global Biobased Polylactic Acid (PLA) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include NatureWorks, Total Corbion, BEWiSynbra, Toray, Futerro, Sulzer, Unitika, Zhejiang Hisun Biomaterials, Shanghai Tong-Jie-Liang, Anhui BBCA Biochemical, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Biobased Polylactic Acid (PLA) market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Biobased Polylactic Acid (PLA) Market, By Region:
    United States
    China
    Europe
    Japan
    South Korea
    ASEAN
    India
    Rest of World

Global Biobased Polylactic Acid (PLA) Market, Segmentation by Type:
    Injection Grade
    Film Grade
    Sheet Grade
    Fiber Grade
    Other

Global Biobased Polylactic Acid (PLA) Market, Segmentation by Application:
    Tableware and Utensils
    Food & Beverage Packaging
    Electronics and Electrical Appliances
    Medical & Personal Care
    3D Printing Supplies
    Other

Companies Profiled:
    NatureWorks
    Total Corbion
    BEWiSynbra
    Toray
    Futerro
    Sulzer
    Unitika
    Zhejiang Hisun Biomaterials
    Shanghai Tong-Jie-Liang
    Anhui BBCA Biochemical
    COFCO Biotechnology
    PLIITH Biotechnology

Key Questions Answered:
1. How big is the global Biobased Polylactic Acid (PLA) market?
2. What is the demand of the global Biobased Polylactic Acid (PLA) market?
3. What is the year over year growth of the global Biobased Polylactic Acid (PLA) market?
4. What is the production and production value of the global Biobased Polylactic Acid (PLA) market?
5. Who are the key producers in the global Biobased Polylactic Acid (PLA) market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 Biobased Polylactic Acid (PLA) Introduction
    1.2 World Biobased Polylactic Acid (PLA) Supply & Forecast
        1.2.1 World Biobased Polylactic Acid (PLA) Production Value (2019 & 2023 & 2030)
        1.2.2 World Biobased Polylactic Acid (PLA) Production (2019-2030)
        1.2.3 World Biobased Polylactic Acid (PLA) Pricing Trends (2019-2030)
    1.3 World Biobased Polylactic Acid (PLA) Production by Region (Based on Production Site)
        1.3.1 World Biobased Polylactic Acid (PLA) Production Value by Region (2019-2030)
        1.3.2 World Biobased Polylactic Acid (PLA) Production by Region (2019-2030)
        1.3.3 World Biobased Polylactic Acid (PLA) Average Price by Region (2019-2030)
        1.3.4 North America Biobased Polylactic Acid (PLA) Production (2019-2030)
        1.3.5 Europe Biobased Polylactic Acid (PLA) Production (2019-2030)
        1.3.6 China Biobased Polylactic Acid (PLA) Production (2019-2030)
        1.3.7 Japan Biobased Polylactic Acid (PLA) Production (2019-2030)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Biobased Polylactic Acid (PLA) Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Biobased Polylactic Acid (PLA) Major Market Trends

2 Demand Summary
    2.1 World Biobased Polylactic Acid (PLA) Demand (2019-2030)
    2.2 World Biobased Polylactic Acid (PLA) Consumption by Region
        2.2.1 World Biobased Polylactic Acid (PLA) Consumption by Region (2019-2024)
        2.2.2 World Biobased Polylactic Acid (PLA) Consumption Forecast by Region (2025-2030)
    2.3 United States Biobased Polylactic Acid (PLA) Consumption (2019-2030)
    2.4 China Biobased Polylactic Acid (PLA) Consumption (2019-2030)
    2.5 Europe Biobased Polylactic Acid (PLA) Consumption (2019-2030)
    2.6 Japan Biobased Polylactic Acid (PLA) Consumption (2019-2030)
    2.7 South Korea Biobased Polylactic Acid (PLA) Consumption (2019-2030)
    2.8 ASEAN Biobased Polylactic Acid (PLA) Consumption (2019-2030)
    2.9 India Biobased Polylactic Acid (PLA) Consumption (2019-2030)

3 World Manufacturers Competitive Analysis
    3.1 World Biobased Polylactic Acid (PLA) Production Value by Manufacturer (2019-2024)
    3.2 World Biobased Polylactic Acid (PLA) Production by Manufacturer (2019-2024)
    3.3 World Biobased Polylactic Acid (PLA) Average Price by Manufacturer (2019-2024)
    3.4 Biobased Polylactic Acid (PLA) Company Evaluation Quadrant
    3.5 Industry Rank and Concentration Rate (CR)
        3.5.1 Global Biobased Polylactic Acid (PLA) Industry Rank of Major Manufacturers
        3.5.2 Global Concentration Ratios (CR4) for Biobased Polylactic Acid (PLA) in 2023
        3.5.3 Global Concentration Ratios (CR8) for Biobased Polylactic Acid (PLA) in 2023
    3.6 Biobased Polylactic Acid (PLA) Market: Overall Company Footprint Analysis
        3.6.1 Biobased Polylactic Acid (PLA) Market: Region Footprint
        3.6.2 Biobased Polylactic Acid (PLA) Market: Company Product Type Footprint
        3.6.3 Biobased Polylactic Acid (PLA) Market: Company Product Application Footprint
    3.7 Competitive Environment
        3.7.1 Historical Structure of the Industry
        3.7.2 Barriers of Market Entry
        3.7.3 Factors of Competition
    3.8 New Entrant and Capacity Expansion Plans
    3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
    4.1 United States VS China: Biobased Polylactic Acid (PLA) Production Value Comparison
        4.1.1 United States VS China: Biobased Polylactic Acid (PLA) Production Value Comparison (2019 & 2023 & 2030)
        4.1.2 United States VS China: Biobased Polylactic Acid (PLA) Production Value Market Share Comparison (2019 & 2023 & 2030)
    4.2 United States VS China: Biobased Polylactic Acid (PLA) Production Comparison
        4.2.1 United States VS China: Biobased Polylactic Acid (PLA) Production Comparison (2019 & 2023 & 2030)
        4.2.2 United States VS China: Biobased Polylactic Acid (PLA) Production Market Share Comparison (2019 & 2023 & 2030)
    4.3 United States VS China: Biobased Polylactic Acid (PLA) Consumption Comparison
        4.3.1 United States VS China: Biobased Polylactic Acid (PLA) Consumption Comparison (2019 & 2023 & 2030)
        4.3.2 United States VS China: Biobased Polylactic Acid (PLA) Consumption Market Share Comparison (2019 & 2023 & 2030)
    4.4 United States Based Biobased Polylactic Acid (PLA) Manufacturers and Market Share, 2019-2024
        4.4.1 United States Based Biobased Polylactic Acid (PLA) Manufacturers, Headquarters and Production Site (States, Country)
        4.4.2 United States Based Manufacturers Biobased Polylactic Acid (PLA) Production Value (2019-2024)
        4.4.3 United States Based Manufacturers Biobased Polylactic Acid (PLA) Production (2019-2024)
    4.5 China Based Biobased Polylactic Acid (PLA) Manufacturers and Market Share
        4.5.1 China Based Biobased Polylactic Acid (PLA) Manufacturers, Headquarters and Production Site (Province, Country)
        4.5.2 China Based Manufacturers Biobased Polylactic Acid (PLA) Production Value (2019-2024)
        4.5.3 China Based Manufacturers Biobased Polylactic Acid (PLA) Production (2019-2024)
    4.6 Rest of World Based Biobased Polylactic Acid (PLA) Manufacturers and Market Share, 2019-2024
        4.6.1 Rest of World Based Biobased Polylactic Acid (PLA) Manufacturers, Headquarters and Production Site (State, Country)
        4.6.2 Rest of World Based Manufacturers Biobased Polylactic Acid (PLA) Production Value (2019-2024)
        4.6.3 Rest of World Based Manufacturers Biobased Polylactic Acid (PLA) Production (2019-2024)

5 Market Analysis by Type
    5.1 World Biobased Polylactic Acid (PLA) Market Size Overview by Type: 2019 VS 2023 VS 2030
    5.2 Segment Introduction by Type
        5.2.1 Injection Grade
        5.2.2 Film Grade
        5.2.3 Sheet Grade
        5.2.4 Fiber Grade
        5.2.5 Other
    5.3 Market Segment by Type
        5.3.1 World Biobased Polylactic Acid (PLA) Production by Type (2019-2030)
        5.3.2 World Biobased Polylactic Acid (PLA) Production Value by Type (2019-2030)
        5.3.3 World Biobased Polylactic Acid (PLA) Average Price by Type (2019-2030)

6 Market Analysis by Application
    6.1 World Biobased Polylactic Acid (PLA) Market Size Overview by Application: 2019 VS 2023 VS 2030
    6.2 Segment Introduction by Application
        6.2.1 Tableware and Utensils
        6.2.2 Food & Beverage Packaging
        6.2.3 Electronics and Electrical Appliances
        6.2.4 Medical & Personal Care
        6.2.5 3D Printing Supplies
        6.2.6 Other
    6.3 Market Segment by Application
        6.3.1 World Biobased Polylactic Acid (PLA) Production by Application (2019-2030)
        6.3.2 World Biobased Polylactic Acid (PLA) Production Value by Application (2019-2030)
        6.3.3 World Biobased Polylactic Acid (PLA) Average Price by Application (2019-2030)

7 Company Profiles
    7.1 NatureWorks
        7.1.1 NatureWorks Details
        7.1.2 NatureWorks Major Business
        7.1.3 NatureWorks Biobased Polylactic Acid (PLA) Product and Services
        7.1.4 NatureWorks Biobased Polylactic Acid (PLA) Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.1.5 NatureWorks Recent Developments/Updates
        7.1.6 NatureWorks Competitive Strengths & Weaknesses
    7.2 Total Corbion
        7.2.1 Total Corbion Details
        7.2.2 Total Corbion Major Business
        7.2.3 Total Corbion Biobased Polylactic Acid (PLA) Product and Services
        7.2.4 Total Corbion Biobased Polylactic Acid (PLA) Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.2.5 Total Corbion Recent Developments/Updates
        7.2.6 Total Corbion Competitive Strengths & Weaknesses
    7.3 BEWiSynbra
        7.3.1 BEWiSynbra Details
        7.3.2 BEWiSynbra Major Business
        7.3.3 BEWiSynbra Biobased Polylactic Acid (PLA) Product and Services
        7.3.4 BEWiSynbra Biobased Polylactic Acid (PLA) Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.3.5 BEWiSynbra Recent Developments/Updates
        7.3.6 BEWiSynbra Competitive Strengths & Weaknesses
    7.4 Toray
        7.4.1 Toray Details
        7.4.2 Toray Major Business
        7.4.3 Toray Biobased Polylactic Acid (PLA) Product and Services
        7.4.4 Toray Biobased Polylactic Acid (PLA) Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.4.5 Toray Recent Developments/Updates
        7.4.6 Toray Competitive Strengths & Weaknesses
    7.5 Futerro
        7.5.1 Futerro Details
        7.5.2 Futerro Major Business
        7.5.3 Futerro Biobased Polylactic Acid (PLA) Product and Services
        7.5.4 Futerro Biobased Polylactic Acid (PLA) Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.5.5 Futerro Recent Developments/Updates
        7.5.6 Futerro Competitive Strengths & Weaknesses
    7.6 Sulzer
        7.6.1 Sulzer Details
        7.6.2 Sulzer Major Business
        7.6.3 Sulzer Biobased Polylactic Acid (PLA) Product and Services
        7.6.4 Sulzer Biobased Polylactic Acid (PLA) Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.6.5 Sulzer Recent Developments/Updates
        7.6.6 Sulzer Competitive Strengths & Weaknesses
    7.7 Unitika
        7.7.1 Unitika Details
        7.7.2 Unitika Major Business
        7.7.3 Unitika Biobased Polylactic Acid (PLA) Product and Services
        7.7.4 Unitika Biobased Polylactic Acid (PLA) Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.7.5 Unitika Recent Developments/Updates
        7.7.6 Unitika Competitive Strengths & Weaknesses
    7.8 Zhejiang Hisun Biomaterials
        7.8.1 Zhejiang Hisun Biomaterials Details
        7.8.2 Zhejiang Hisun Biomaterials Major Business
        7.8.3 Zhejiang Hisun Biomaterials Biobased Polylactic Acid (PLA) Product and Services
        7.8.4 Zhejiang Hisun Biomaterials Biobased Polylactic Acid (PLA) Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.8.5 Zhejiang Hisun Biomaterials Recent Developments/Updates
        7.8.6 Zhejiang Hisun Biomaterials Competitive Strengths & Weaknesses
    7.9 Shanghai Tong-Jie-Liang
        7.9.1 Shanghai Tong-Jie-Liang Details
        7.9.2 Shanghai Tong-Jie-Liang Major Business
        7.9.3 Shanghai Tong-Jie-Liang Biobased Polylactic Acid (PLA) Product and Services
        7.9.4 Shanghai Tong-Jie-Liang Biobased Polylactic Acid (PLA) Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.9.5 Shanghai Tong-Jie-Liang Recent Developments/Updates
        7.9.6 Shanghai Tong-Jie-Liang Competitive Strengths & Weaknesses
    7.10 Anhui BBCA Biochemical
        7.10.1 Anhui BBCA Biochemical Details
        7.10.2 Anhui BBCA Biochemical Major Business
        7.10.3 Anhui BBCA Biochemical Biobased Polylactic Acid (PLA) Product and Services
        7.10.4 Anhui BBCA Biochemical Biobased Polylactic Acid (PLA) Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.10.5 Anhui BBCA Biochemical Recent Developments/Updates
        7.10.6 Anhui BBCA Biochemical Competitive Strengths & Weaknesses
    7.11 COFCO Biotechnology
        7.11.1 COFCO Biotechnology Details
        7.11.2 COFCO Biotechnology Major Business
        7.11.3 COFCO Biotechnology Biobased Polylactic Acid (PLA) Product and Services
        7.11.4 COFCO Biotechnology Biobased Polylactic Acid (PLA) Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.11.5 COFCO Biotechnology Recent Developments/Updates
        7.11.6 COFCO Biotechnology Competitive Strengths & Weaknesses
    7.12 PLIITH Biotechnology
        7.12.1 PLIITH Biotechnology Details
        7.12.2 PLIITH Biotechnology Major Business
        7.12.3 PLIITH Biotechnology Biobased Polylactic Acid (PLA) Product and Services
        7.12.4 PLIITH Biotechnology Biobased Polylactic Acid (PLA) Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.12.5 PLIITH Biotechnology Recent Developments/Updates
        7.12.6 PLIITH Biotechnology Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Biobased Polylactic Acid (PLA) Industry Chain
    8.2 Biobased Polylactic Acid (PLA) Upstream Analysis
        8.2.1 Biobased Polylactic Acid (PLA) Core Raw Materials
        8.2.2 Main Manufacturers of Biobased Polylactic Acid (PLA) Core Raw Materials
    8.3 Midstream Analysis
    8.4 Downstream Analysis
    8.5 Biobased Polylactic Acid (PLA) Production Mode
    8.6 Biobased Polylactic Acid (PLA) Procurement Model
    8.7 Biobased Polylactic Acid (PLA) Industry Sales Model and Sales Channels
        8.7.1 Biobased Polylactic Acid (PLA) Sales Model
        8.7.2 Biobased Polylactic Acid (PLA) Typical Distributors

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
 Table 1. World Biobased Polylactic Acid (PLA) Production Value by Region (2019, 2023 and 2030) & (USD Million)
 Table 2. World Biobased Polylactic Acid (PLA) Production Value by Region (2019-2024) & (USD Million)
 Table 3. World Biobased Polylactic Acid (PLA) Production Value by Region (2025-2030) & (USD Million)
 Table 4. World Biobased Polylactic Acid (PLA) Production Value Market Share by Region (2019-2024)
 Table 5. World Biobased Polylactic Acid (PLA) Production Value Market Share by Region (2025-2030)
 Table 6. World Biobased Polylactic Acid (PLA) Production by Region (2019-2024) & (Tons)
 Table 7. World Biobased Polylactic Acid (PLA) Production by Region (2025-2030) & (Tons)
 Table 8. World Biobased Polylactic Acid (PLA) Production Market Share by Region (2019-2024)
 Table 9. World Biobased Polylactic Acid (PLA) Production Market Share by Region (2025-2030)
 Table 10. World Biobased Polylactic Acid (PLA) Average Price by Region (2019-2024) & (US$/Ton)
 Table 11. World Biobased Polylactic Acid (PLA) Average Price by Region (2025-2030) & (US$/Ton)
 Table 12. Biobased Polylactic Acid (PLA) Major Market Trends
 Table 13. World Biobased Polylactic Acid (PLA) Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (Tons)
 Table 14. World Biobased Polylactic Acid (PLA) Consumption by Region (2019-2024) & (Tons)
 Table 15. World Biobased Polylactic Acid (PLA) Consumption Forecast by Region (2025-2030) & (Tons)
 Table 16. World Biobased Polylactic Acid (PLA) Production Value by Manufacturer (2019-2024) & (USD Million)
 Table 17. Production Value Market Share of Key Biobased Polylactic Acid (PLA) Producers in 2023
 Table 18. World Biobased Polylactic Acid (PLA) Production by Manufacturer (2019-2024) & (Tons)
 Table 19. Production Market Share of Key Biobased Polylactic Acid (PLA) Producers in 2023
 Table 20. World Biobased Polylactic Acid (PLA) Average Price by Manufacturer (2019-2024) & (US$/Ton)
 Table 21. Global Biobased Polylactic Acid (PLA) Company Evaluation Quadrant
 Table 22. World Biobased Polylactic Acid (PLA) Industry Rank of Major Manufacturers, Based on Production Value in 2023
 Table 23. Head Office and Biobased Polylactic Acid (PLA) Production Site of Key Manufacturer
 Table 24. Biobased Polylactic Acid (PLA) Market: Company Product Type Footprint
 Table 25. Biobased Polylactic Acid (PLA) Market: Company Product Application Footprint
 Table 26. Biobased Polylactic Acid (PLA) Competitive Factors
 Table 27. Biobased Polylactic Acid (PLA) New Entrant and Capacity Expansion Plans
 Table 28. Biobased Polylactic Acid (PLA) Mergers & Acquisitions Activity
 Table 29. United States VS China Biobased Polylactic Acid (PLA) Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
 Table 30. United States VS China Biobased Polylactic Acid (PLA) Production Comparison, (2019 & 2023 & 2030) & (Tons)
 Table 31. United States VS China Biobased Polylactic Acid (PLA) Consumption Comparison, (2019 & 2023 & 2030) & (Tons)
 Table 32. United States Based Biobased Polylactic Acid (PLA) Manufacturers, Headquarters and Production Site (States, Country)
 Table 33. United States Based Manufacturers Biobased Polylactic Acid (PLA) Production Value, (2019-2024) & (USD Million)
 Table 34. United States Based Manufacturers Biobased Polylactic Acid (PLA) Production Value Market Share (2019-2024)
 Table 35. United States Based Manufacturers Biobased Polylactic Acid (PLA) Production (2019-2024) & (Tons)
 Table 36. United States Based Manufacturers Biobased Polylactic Acid (PLA) Production Market Share (2019-2024)
 Table 37. China Based Biobased Polylactic Acid (PLA) Manufacturers, Headquarters and Production Site (Province, Country)
 Table 38. China Based Manufacturers Biobased Polylactic Acid (PLA) Production Value, (2019-2024) & (USD Million)
 Table 39. China Based Manufacturers Biobased Polylactic Acid (PLA) Production Value Market Share (2019-2024)
 Table 40. China Based Manufacturers Biobased Polylactic Acid (PLA) Production, (2019-2024) & (Tons)
 Table 41. China Based Manufacturers Biobased Polylactic Acid (PLA) Production Market Share (2019-2024)
 Table 42. Rest of World Based Biobased Polylactic Acid (PLA) Manufacturers, Headquarters and Production Site (State, Country)
 Table 43. Rest of World Based Manufacturers Biobased Polylactic Acid (PLA) Production Value, (2019-2024) & (USD Million)
 Table 44. Rest of World Based Manufacturers Biobased Polylactic Acid (PLA) Production Value Market Share (2019-2024)
 Table 45. Rest of World Based Manufacturers Biobased Polylactic Acid (PLA) Production, (2019-2024) & (Tons)
 Table 46. Rest of World Based Manufacturers Biobased Polylactic Acid (PLA) Production Market Share (2019-2024)
 Table 47. World Biobased Polylactic Acid (PLA) Production Value by Type, (USD Million), 2019 & 2023 & 2030
 Table 48. World Biobased Polylactic Acid (PLA) Production by Type (2019-2024) & (Tons)
 Table 49. World Biobased Polylactic Acid (PLA) Production by Type (2025-2030) & (Tons)
 Table 50. World Biobased Polylactic Acid (PLA) Production Value by Type (2019-2024) & (USD Million)
 Table 51. World Biobased Polylactic Acid (PLA) Production Value by Type (2025-2030) & (USD Million)
 Table 52. World Biobased Polylactic Acid (PLA) Average Price by Type (2019-2024) & (US$/Ton)
 Table 53. World Biobased Polylactic Acid (PLA) Average Price by Type (2025-2030) & (US$/Ton)
 Table 54. World Biobased Polylactic Acid (PLA) Production Value by Application, (USD Million), 2019 & 2023 & 2030
 Table 55. World Biobased Polylactic Acid (PLA) Production by Application (2019-2024) & (Tons)
 Table 56. World Biobased Polylactic Acid (PLA) Production by Application (2025-2030) & (Tons)
 Table 57. World Biobased Polylactic Acid (PLA) Production Value by Application (2019-2024) & (USD Million)
 Table 58. World Biobased Polylactic Acid (PLA) Production Value by Application (2025-2030) & (USD Million)
 Table 59. World Biobased Polylactic Acid (PLA) Average Price by Application (2019-2024) & (US$/Ton)
 Table 60. World Biobased Polylactic Acid (PLA) Average Price by Application (2025-2030) & (US$/Ton)
 Table 61. NatureWorks Basic Information, Manufacturing Base and Competitors
 Table 62. NatureWorks Major Business
 Table 63. NatureWorks Biobased Polylactic Acid (PLA) Product and Services
 Table 64. NatureWorks Biobased Polylactic Acid (PLA) Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
 Table 65. NatureWorks Recent Developments/Updates
 Table 66. NatureWorks Competitive Strengths & Weaknesses
 Table 67. Total Corbion Basic Information, Manufacturing Base and Competitors
 Table 68. Total Corbion Major Business
 Table 69. Total Corbion Biobased Polylactic Acid (PLA) Product and Services
 Table 70. Total Corbion Biobased Polylactic Acid (PLA) Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
 Table 71. Total Corbion Recent Developments/Updates
 Table 72. Total Corbion Competitive Strengths & Weaknesses
 Table 73. BEWiSynbra Basic Information, Manufacturing Base and Competitors
 Table 74. BEWiSynbra Major Business
 Table 75. BEWiSynbra Biobased Polylactic Acid (PLA) Product and Services
 Table 76. BEWiSynbra Biobased Polylactic Acid (PLA) Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
 Table 77. BEWiSynbra Recent Developments/Updates
 Table 78. BEWiSynbra Competitive Strengths & Weaknesses
 Table 79. Toray Basic Information, Manufacturing Base and Competitors
 Table 80. Toray Major Business
 Table 81. Toray Biobased Polylactic Acid (PLA) Product and Services
 Table 82. Toray Biobased Polylactic Acid (PLA) Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
 Table 83. Toray Recent Developments/Updates
 Table 84. Toray Competitive Strengths & Weaknesses
 Table 85. Futerro Basic Information, Manufacturing Base and Competitors
 Table 86. Futerro Major Business
 Table 87. Futerro Biobased Polylactic Acid (PLA) Product and Services
 Table 88. Futerro Biobased Polylactic Acid (PLA) Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
 Table 89. Futerro Recent Developments/Updates
 Table 90. Futerro Competitive Strengths & Weaknesses
 Table 91. Sulzer Basic Information, Manufacturing Base and Competitors
 Table 92. Sulzer Major Business
 Table 93. Sulzer Biobased Polylactic Acid (PLA) Product and Services
 Table 94. Sulzer Biobased Polylactic Acid (PLA) Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
 Table 95. Sulzer Recent Developments/Updates
 Table 96. Sulzer Competitive Strengths & Weaknesses
 Table 97. Unitika Basic Information, Manufacturing Base and Competitors
 Table 98. Unitika Major Business
 Table 99. Unitika Biobased Polylactic Acid (PLA) Product and Services
 Table 100. Unitika Biobased Polylactic Acid (PLA) Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
 Table 101. Unitika Recent Developments/Updates
 Table 102. Unitika Competitive Strengths & Weaknesses
 Table 103. Zhejiang Hisun Biomaterials Basic Information, Manufacturing Base and Competitors
 Table 104. Zhejiang Hisun Biomaterials Major Business
 Table 105. Zhejiang Hisun Biomaterials Biobased Polylactic Acid (PLA) Product and Services
 Table 106. Zhejiang Hisun Biomaterials Biobased Polylactic Acid (PLA) Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
 Table 107. Zhejiang Hisun Biomaterials Recent Developments/Updates
 Table 108. Zhejiang Hisun Biomaterials Competitive Strengths & Weaknesses
 Table 109. Shanghai Tong-Jie-Liang Basic Information, Manufacturing Base and Competitors
 Table 110. Shanghai Tong-Jie-Liang Major Business
 Table 111. Shanghai Tong-Jie-Liang Biobased Polylactic Acid (PLA) Product and Services
 Table 112. Shanghai Tong-Jie-Liang Biobased Polylactic Acid (PLA) Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
 Table 113. Shanghai Tong-Jie-Liang Recent Developments/Updates
 Table 114. Shanghai Tong-Jie-Liang Competitive Strengths & Weaknesses
 Table 115. Anhui BBCA Biochemical Basic Information, Manufacturing Base and Competitors
 Table 116. Anhui BBCA Biochemical Major Business
 Table 117. Anhui BBCA Biochemical Biobased Polylactic Acid (PLA) Product and Services
 Table 118. Anhui BBCA Biochemical Biobased Polylactic Acid (PLA) Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
 Table 119. Anhui BBCA Biochemical Recent Developments/Updates
 Table 120. Anhui BBCA Biochemical Competitive Strengths & Weaknesses
 Table 121. COFCO Biotechnology Basic Information, Manufacturing Base and Competitors
 Table 122. COFCO Biotechnology Major Business
 Table 123. COFCO Biotechnology Biobased Polylactic Acid (PLA) Product and Services
 Table 124. COFCO Biotechnology Biobased Polylactic Acid (PLA) Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
 Table 125. COFCO Biotechnology Recent Developments/Updates
 Table 126. COFCO Biotechnology Competitive Strengths & Weaknesses
 Table 127. PLIITH Biotechnology Basic Information, Manufacturing Base and Competitors
 Table 128. PLIITH Biotechnology Major Business
 Table 129. PLIITH Biotechnology Biobased Polylactic Acid (PLA) Product and Services
 Table 130. PLIITH Biotechnology Biobased Polylactic Acid (PLA) Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
 Table 131. PLIITH Biotechnology Recent Developments/Updates
 Table 132. PLIITH Biotechnology Competitive Strengths & Weaknesses
 Table 133. Global Key Players of Biobased Polylactic Acid (PLA) Upstream (Raw Materials)
 Table 134. Global Biobased Polylactic Acid (PLA) Typical Customers
 Table 135. Biobased Polylactic Acid (PLA) Typical Distributors


List of Figures
 Figure 1. Biobased Polylactic Acid (PLA) Picture
 Figure 2. World Biobased Polylactic Acid (PLA) Production Value: 2019 & 2023 & 2030, (USD Million)
 Figure 3. World Biobased Polylactic Acid (PLA) Production Value and Forecast (2019-2030) & (USD Million)
 Figure 4. World Biobased Polylactic Acid (PLA) Production (2019-2030) & (Tons)
 Figure 5. World Biobased Polylactic Acid (PLA) Average Price (2019-2030) & (US$/Ton)
 Figure 6. World Biobased Polylactic Acid (PLA) Production Value Market Share by Region (2019-2030)
 Figure 7. World Biobased Polylactic Acid (PLA) Production Market Share by Region (2019-2030)
 Figure 8. North America Biobased Polylactic Acid (PLA) Production (2019-2030) & (Tons)
 Figure 9. Europe Biobased Polylactic Acid (PLA) Production (2019-2030) & (Tons)
 Figure 10. China Biobased Polylactic Acid (PLA) Production (2019-2030) & (Tons)
 Figure 11. Japan Biobased Polylactic Acid (PLA) Production (2019-2030) & (Tons)
 Figure 12. Biobased Polylactic Acid (PLA) Market Drivers
 Figure 13. Factors Affecting Demand
 Figure 14. World Biobased Polylactic Acid (PLA) Consumption (2019-2030) & (Tons)
 Figure 15. World Biobased Polylactic Acid (PLA) Consumption Market Share by Region (2019-2030)
 Figure 16. United States Biobased Polylactic Acid (PLA) Consumption (2019-2030) & (Tons)
 Figure 17. China Biobased Polylactic Acid (PLA) Consumption (2019-2030) & (Tons)
 Figure 18. Europe Biobased Polylactic Acid (PLA) Consumption (2019-2030) & (Tons)
 Figure 19. Japan Biobased Polylactic Acid (PLA) Consumption (2019-2030) & (Tons)
 Figure 20. South Korea Biobased Polylactic Acid (PLA) Consumption (2019-2030) & (Tons)
 Figure 21. ASEAN Biobased Polylactic Acid (PLA) Consumption (2019-2030) & (Tons)
 Figure 22. India Biobased Polylactic Acid (PLA) Consumption (2019-2030) & (Tons)
 Figure 23. Producer Shipments of Biobased Polylactic Acid (PLA) by Manufacturer Revenue ($MM) and Market Share (%): 2023
 Figure 24. Global Four-firm Concentration Ratios (CR4) for Biobased Polylactic Acid (PLA) Markets in 2023
 Figure 25. Global Four-firm Concentration Ratios (CR8) for Biobased Polylactic Acid (PLA) Markets in 2023
 Figure 26. United States VS China: Biobased Polylactic Acid (PLA) Production Value Market Share Comparison (2019 & 2023 & 2030)
 Figure 27. United States VS China: Biobased Polylactic Acid (PLA) Production Market Share Comparison (2019 & 2023 & 2030)
 Figure 28. United States VS China: Biobased Polylactic Acid (PLA) Consumption Market Share Comparison (2019 & 2023 & 2030)
 Figure 29. United States Based Manufacturers Biobased Polylactic Acid (PLA) Production Market Share 2023
 Figure 30. China Based Manufacturers Biobased Polylactic Acid (PLA) Production Market Share 2023
 Figure 31. Rest of World Based Manufacturers Biobased Polylactic Acid (PLA) Production Market Share 2023
 Figure 32. World Biobased Polylactic Acid (PLA) Production Value by Type, (USD Million), 2019 & 2023 & 2030
 Figure 33. World Biobased Polylactic Acid (PLA) Production Value Market Share by Type in 2023
 Figure 34. Injection Grade
 Figure 35. Film Grade
 Figure 36. Sheet Grade
 Figure 37. Fiber Grade
 Figure 38. Other
 Figure 39. World Biobased Polylactic Acid (PLA) Production Market Share by Type (2019-2030)
 Figure 40. World Biobased Polylactic Acid (PLA) Production Value Market Share by Type (2019-2030)
 Figure 41. World Biobased Polylactic Acid (PLA) Average Price by Type (2019-2030) & (US$/Ton)
 Figure 42. World Biobased Polylactic Acid (PLA) Production Value by Application, (USD Million), 2019 & 2023 & 2030
 Figure 43. World Biobased Polylactic Acid (PLA) Production Value Market Share by Application in 2023
 Figure 44. Tableware and Utensils
 Figure 45. Food & Beverage Packaging
 Figure 46. Electronics and Electrical Appliances
 Figure 47. Medical & Personal Care
 Figure 48. 3D Printing Supplies
 Figure 49. Other
 Figure 50. World Biobased Polylactic Acid (PLA) Production Market Share by Application (2019-2030)
 Figure 51. World Biobased Polylactic Acid (PLA) Production Value Market Share by Application (2019-2030)
 Figure 52. World Biobased Polylactic Acid (PLA) Average Price by Application (2019-2030) & (US$/Ton)
 Figure 53. Biobased Polylactic Acid (PLA) Industry Chain
 Figure 54. Biobased Polylactic Acid (PLA) Procurement Model
 Figure 55. Biobased Polylactic Acid (PLA) Sales Model
 Figure 56. Biobased Polylactic Acid (PLA) Sales Channels, Direct Sales, and Distribution
 Figure 57. Methodology
 Figure 58. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

NatureWorks
Total Corbion
BEWiSynbra
Toray
Futerro
Sulzer
Unitika
Zhejiang Hisun Biomaterials
Shanghai Tong-Jie-Liang
Anhui BBCA Biochemical
COFCO Biotechnology
PLIITH Biotechnology

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