The global Lactic Acid and Poly Lactic Acid (PLA) market was valued at US$ 1466 million in 2023 and is anticipated to reach US$ 1896.4 million by 2030, witnessing a CAGR of 3.8% during the forecast period 2024-2030.

Lactic Acid and Poly Lactic Acid (PLA) Market

Polylactide (PLA) is a biodegradable and bioactive thermoplastic aliphatic polyester derived from renewable resources, such as corn starch (in the United States and Canada), cassava roots, chips or starch (mostly in Asia), or sugarcane (in the rest of the world). In 2010, PLA had the second highest consumption volume of any bioplastic of the world.

The use of lactic acid in the manufacture of biodegradable plastics is one of the key growth factors of the lactic acid market. Rising environmental concerns due to dumping of plastics in landfills is promoting the use of bioplastics, which is indirectly benefitting the lactic acid market. Lactic acid is a carboxylic acid that is used across a host of end-use industries owing to its chemical properties. The increasing application of polylactic acid in the packaging industry is estimated to fuel growth of the polylactic acid market in the following years. The introduction of bio-based plastics and their increased usage in the food and beverage industry is expected to extend growth opportunities for the polylactic acid market in the near future. Polylactic is one of the most sought-after bioplastics and is an effective substitute to traditional petroleum-based plastics. Rising crude oil price are also estimated to drive the global PLA demand over the forecast period, owing to reduced dependency on traditional petroleum based products. North America is the largest market for global lactic acid & poly lactic acid market. Changing lifestyles along with rising consciousness regarding the enhancement of the overall personality of an individual in various countries including India, China, Malaysia, and Sri Lanka is expected to drive the global cosmetics market, which in turn is likely to spur growth.

This report aims to provide a comprehensive presentation of the global market for Lactic Acid and Poly Lactic Acid (PLA), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lactic Acid and Poly Lactic Acid (PLA).

Report Scope

The Lactic Acid and Poly Lactic Acid (PLA) market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Lactic Acid and Poly Lactic Acid (PLA) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Lactic Acid and Poly Lactic Acid (PLA) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

Scope of Lactic Acid and Poly Lactic Acid (PLA) Market Report

Report Metric	Details
Report Name	Lactic Acid and Poly Lactic Acid (PLA) Market
Accounted market size in 2023	US$ 1466 million
Forecasted market size in 2030	US$ 1896.4 million
CAGR	3.8%
Base Year	2023
Forecasted years	2024 - 2030
Segment by Type	Lactic Acid Poly Lactic Acid (PLA)
Segment by Application	Industrial Personal Care Packaging Petroleum Based Products Textiles
Production by Region	North America Europe China Japan
Consumption by Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Asia-Pacific (China, Japan, South Korea, Taiwan) Southeast Asia (India) Latin America (Mexico, Brazil)
By Company	BASF, Danimer Scientific, Henan Jindan Lactic Acid Technology, Synbra Technology, Dow Chemical, Corbion, Natureworks, Teijin, Wei Mon Industry
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Lactic Acid and Poly Lactic Acid (PLA) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Lactic Acid and Poly Lactic Acid (PLA) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Lactic Acid and Poly Lactic Acid (PLA) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is Lactic Acid and Poly Lactic Acid (PLA) Market growing?

Ans: The Lactic Acid and Poly Lactic Acid (PLA) Market witnessing a CAGR of 3.8% during the forecast period 2024-2030.

What is the Lactic Acid and Poly Lactic Acid (PLA) Market size in 2030?

Ans: The Lactic Acid and Poly Lactic Acid (PLA) Market size in 2030 will be US$ 1896.4 million.

Who are the main players in the Lactic Acid and Poly Lactic Acid (PLA) Market report?

Ans: The main players in the Lactic Acid and Poly Lactic Acid (PLA) Market are BASF, Danimer Scientific, Henan Jindan Lactic Acid Technology, Synbra Technology, Dow Chemical, Corbion, Natureworks, Teijin, Wei Mon Industry

What are the Application segmentation covered in the Lactic Acid and Poly Lactic Acid (PLA) Market report?

Ans: The Applications covered in the Lactic Acid and Poly Lactic Acid (PLA) Market report are Industrial, Personal Care, Packaging, Petroleum Based Products, Textiles

What are the Type segmentation covered in the Lactic Acid and Poly Lactic Acid (PLA) Market report?

Ans: The Types covered in the Lactic Acid and Poly Lactic Acid (PLA) Market report are Lactic Acid, Poly Lactic Acid (PLA)

1 Lactic Acid and Poly Lactic Acid (PLA) Market Overview

1.1 Product Definition

1.2 Lactic Acid and Poly Lactic Acid (PLA) Segment by Type

1.2.1 Global Lactic Acid and Poly Lactic Acid (PLA) Market Value Growth Rate Analysis by Type 2023 VS 2030

1.2.2 Lactic Acid

1.2.3 Poly Lactic Acid (PLA)

1.3 Lactic Acid and Poly Lactic Acid (PLA) Segment by Application

1.3.1 Global Lactic Acid and Poly Lactic Acid (PLA) Market Value Growth Rate Analysis by Application: 2023 VS 2030

1.3.2 Industrial

1.3.3 Personal Care

1.3.4 Packaging

1.3.5 Petroleum Based Products

1.3.6 Textiles

1.4 Global Market Growth Prospects

1.4.1 Global Lactic Acid and Poly Lactic Acid (PLA) Production Value Estimates and Forecasts (2019-2030)

1.4.2 Global Lactic Acid and Poly Lactic Acid (PLA) Production Capacity Estimates and Forecasts (2019-2030)

1.4.3 Global Lactic Acid and Poly Lactic Acid (PLA) Production Estimates and Forecasts (2019-2030)

1.4.4 Global Lactic Acid and Poly Lactic Acid (PLA) Market Average Price Estimates and Forecasts (2019-2030)

1.5 Assumptions and Limitations

2 Market Competition by Manufacturers

2.1 Global Lactic Acid and Poly Lactic Acid (PLA) Production Market Share by Manufacturers (2019-2024)

2.2 Global Lactic Acid and Poly Lactic Acid (PLA) Production Value Market Share by Manufacturers (2019-2024)

2.3 Global Key Players of Lactic Acid and Poly Lactic Acid (PLA), Industry Ranking, 2022 VS 2023 VS 2024

2.4 Global Lactic Acid and Poly Lactic Acid (PLA) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)

2.5 Global Lactic Acid and Poly Lactic Acid (PLA) Average Price by Manufacturers (2019-2024)

2.6 Global Key Manufacturers of Lactic Acid and Poly Lactic Acid (PLA), Manufacturing Base Distribution and Headquarters

2.7 Global Key Manufacturers of Lactic Acid and Poly Lactic Acid (PLA), Product Offered and Application

2.8 Global Key Manufacturers of Lactic Acid and Poly Lactic Acid (PLA), Date of Enter into This Industry

2.9 Lactic Acid and Poly Lactic Acid (PLA) Market Competitive Situation and Trends

2.9.1 Lactic Acid and Poly Lactic Acid (PLA) Market Concentration Rate

2.9.2 Global 5 and 10 Largest Lactic Acid and Poly Lactic Acid (PLA) Players Market Share by Revenue

2.10 Mergers & Acquisitions, Expansion

3 Lactic Acid and Poly Lactic Acid (PLA) Production by Region

3.1 Global Lactic Acid and Poly Lactic Acid (PLA) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030

3.2 Global Lactic Acid and Poly Lactic Acid (PLA) Production Value by Region (2019-2030)

3.2.1 Global Lactic Acid and Poly Lactic Acid (PLA) Production Value Market Share by Region (2019-2024)

3.2.2 Global Forecasted Production Value of Lactic Acid and Poly Lactic Acid (PLA) by Region (2025-2030)

3.3 Global Lactic Acid and Poly Lactic Acid (PLA) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030

3.4 Global Lactic Acid and Poly Lactic Acid (PLA) Production by Region (2019-2030)

3.4.1 Global Lactic Acid and Poly Lactic Acid (PLA) Production Market Share by Region (2019-2024)

3.4.2 Global Forecasted Production of Lactic Acid and Poly Lactic Acid (PLA) by Region (2025-2030)

3.5 Global Lactic Acid and Poly Lactic Acid (PLA) Market Price Analysis by Region (2019-2024)

3.6 Global Lactic Acid and Poly Lactic Acid (PLA) Production and Value, Year-over-Year Growth

3.6.1 North America Lactic Acid and Poly Lactic Acid (PLA) Production Value Estimates and Forecasts (2019-2030)

3.6.2 Europe Lactic Acid and Poly Lactic Acid (PLA) Production Value Estimates and Forecasts (2019-2030)

3.6.3 China Lactic Acid and Poly Lactic Acid (PLA) Production Value Estimates and Forecasts (2019-2030)

3.6.4 Japan Lactic Acid and Poly Lactic Acid (PLA) Production Value Estimates and Forecasts (2019-2030)

4 Lactic Acid and Poly Lactic Acid (PLA) Consumption by Region

4.1 Global Lactic Acid and Poly Lactic Acid (PLA) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030

4.2 Global Lactic Acid and Poly Lactic Acid (PLA) Consumption by Region (2019-2030)

4.2.1 Global Lactic Acid and Poly Lactic Acid (PLA) Consumption by Region (2019-2024)

4.2.2 Global Lactic Acid and Poly Lactic Acid (PLA) Forecasted Consumption by Region (2025-2030)

4.3 North America

4.3.1 North America Lactic Acid and Poly Lactic Acid (PLA) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030

4.3.2 North America Lactic Acid and Poly Lactic Acid (PLA) Consumption by Country (2019-2030)

4.3.3 U.S.

4.3.4 Canada

4.4 Europe

4.4.1 Europe Lactic Acid and Poly Lactic Acid (PLA) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030

4.4.2 Europe Lactic Acid and Poly Lactic Acid (PLA) Consumption by Country (2019-2030)

4.4.3 Germany

4.4.4 France

4.4.5 U.K.

4.4.6 Italy

4.4.7 Russia

4.5 Asia Pacific

4.5.1 Asia Pacific Lactic Acid and Poly Lactic Acid (PLA) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030

4.5.2 Asia Pacific Lactic Acid and Poly Lactic Acid (PLA) Consumption by Region (2019-2030)

4.5.3 China

4.5.4 Japan

4.5.5 South Korea

4.5.6 China Taiwan

4.5.7 Southeast Asia

4.5.8 India

4.6 Latin America, Middle East & Africa

4.6.1 Latin America, Middle East & Africa Lactic Acid and Poly Lactic Acid (PLA) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030

4.6.2 Latin America, Middle East & Africa Lactic Acid and Poly Lactic Acid (PLA) Consumption by Country (2019-2030)

4.6.3 Mexico

4.6.4 Brazil

4.6.5 Turkey

5 Segment by Type

5.1 Global Lactic Acid and Poly Lactic Acid (PLA) Production by Type (2019-2030)

5.1.1 Global Lactic Acid and Poly Lactic Acid (PLA) Production by Type (2019-2024)

5.1.2 Global Lactic Acid and Poly Lactic Acid (PLA) Production by Type (2025-2030)

5.1.3 Global Lactic Acid and Poly Lactic Acid (PLA) Production Market Share by Type (2019-2030)

5.2 Global Lactic Acid and Poly Lactic Acid (PLA) Production Value by Type (2019-2030)

5.2.1 Global Lactic Acid and Poly Lactic Acid (PLA) Production Value by Type (2019-2024)

5.2.2 Global Lactic Acid and Poly Lactic Acid (PLA) Production Value by Type (2025-2030)

5.2.3 Global Lactic Acid and Poly Lactic Acid (PLA) Production Value Market Share by Type (2019-2030)

5.3 Global Lactic Acid and Poly Lactic Acid (PLA) Price by Type (2019-2030)

6 Segment by Application

6.1 Global Lactic Acid and Poly Lactic Acid (PLA) Production by Application (2019-2030)

6.1.1 Global Lactic Acid and Poly Lactic Acid (PLA) Production by Application (2019-2024)

6.1.2 Global Lactic Acid and Poly Lactic Acid (PLA) Production by Application (2025-2030)

6.1.3 Global Lactic Acid and Poly Lactic Acid (PLA) Production Market Share by Application (2019-2030)

6.2 Global Lactic Acid and Poly Lactic Acid (PLA) Production Value by Application (2019-2030)

6.2.1 Global Lactic Acid and Poly Lactic Acid (PLA) Production Value by Application (2019-2024)

6.2.2 Global Lactic Acid and Poly Lactic Acid (PLA) Production Value by Application (2025-2030)

6.2.3 Global Lactic Acid and Poly Lactic Acid (PLA) Production Value Market Share by Application (2019-2030)

6.3 Global Lactic Acid and Poly Lactic Acid (PLA) Price by Application (2019-2030)

7 Key Companies Profiled

7.1 BASF

7.1.1 BASF Lactic Acid and Poly Lactic Acid (PLA) Corporation Information

7.1.2 BASF Lactic Acid and Poly Lactic Acid (PLA) Product Portfolio

7.1.3 BASF Lactic Acid and Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2019-2024)

7.1.4 BASF Main Business and Markets Served

7.1.5 BASF Recent Developments/Updates

7.2 Danimer Scientific

7.2.1 Danimer Scientific Lactic Acid and Poly Lactic Acid (PLA) Corporation Information

7.2.2 Danimer Scientific Lactic Acid and Poly Lactic Acid (PLA) Product Portfolio

7.2.3 Danimer Scientific Lactic Acid and Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2019-2024)

7.2.4 Danimer Scientific Main Business and Markets Served

7.2.5 Danimer Scientific Recent Developments/Updates

7.3 Henan Jindan Lactic Acid Technology

7.3.1 Henan Jindan Lactic Acid Technology Lactic Acid and Poly Lactic Acid (PLA) Corporation Information

7.3.2 Henan Jindan Lactic Acid Technology Lactic Acid and Poly Lactic Acid (PLA) Product Portfolio

7.3.3 Henan Jindan Lactic Acid Technology Lactic Acid and Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2019-2024)

7.3.4 Henan Jindan Lactic Acid Technology Main Business and Markets Served

7.3.5 Henan Jindan Lactic Acid Technology Recent Developments/Updates

7.4 Synbra Technology

7.4.1 Synbra Technology Lactic Acid and Poly Lactic Acid (PLA) Corporation Information

7.4.2 Synbra Technology Lactic Acid and Poly Lactic Acid (PLA) Product Portfolio

7.4.3 Synbra Technology Lactic Acid and Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2019-2024)

7.4.4 Synbra Technology Main Business and Markets Served

7.4.5 Synbra Technology Recent Developments/Updates

7.5 Dow Chemical

7.5.1 Dow Chemical Lactic Acid and Poly Lactic Acid (PLA) Corporation Information

7.5.2 Dow Chemical Lactic Acid and Poly Lactic Acid (PLA) Product Portfolio

7.5.3 Dow Chemical Lactic Acid and Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2019-2024)

7.5.4 Dow Chemical Main Business and Markets Served

7.5.5 Dow Chemical Recent Developments/Updates

7.6 Corbion

7.6.1 Corbion Lactic Acid and Poly Lactic Acid (PLA) Corporation Information

7.6.2 Corbion Lactic Acid and Poly Lactic Acid (PLA) Product Portfolio

7.6.3 Corbion Lactic Acid and Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2019-2024)

7.6.4 Corbion Main Business and Markets Served

7.6.5 Corbion Recent Developments/Updates

7.7 Natureworks

7.7.1 Natureworks Lactic Acid and Poly Lactic Acid (PLA) Corporation Information

7.7.2 Natureworks Lactic Acid and Poly Lactic Acid (PLA) Product Portfolio

7.7.3 Natureworks Lactic Acid and Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2019-2024)

7.7.4 Natureworks Main Business and Markets Served

7.7.5 Natureworks Recent Developments/Updates

7.8 Teijin

7.8.1 Teijin Lactic Acid and Poly Lactic Acid (PLA) Corporation Information

7.8.2 Teijin Lactic Acid and Poly Lactic Acid (PLA) Product Portfolio

7.8.3 Teijin Lactic Acid and Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2019-2024)

7.8.4 Teijin Main Business and Markets Served

7.7.5 Teijin Recent Developments/Updates

7.9 Wei Mon Industry

7.9.1 Wei Mon Industry Lactic Acid and Poly Lactic Acid (PLA) Corporation Information

7.9.2 Wei Mon Industry Lactic Acid and Poly Lactic Acid (PLA) Product Portfolio

7.9.3 Wei Mon Industry Lactic Acid and Poly Lactic Acid (PLA) Production, Value, Price and Gross Margin (2019-2024)

7.9.4 Wei Mon Industry Main Business and Markets Served

7.9.5 Wei Mon Industry Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis

8.1 Lactic Acid and Poly Lactic Acid (PLA) Industry Chain Analysis

8.2 Lactic Acid and Poly Lactic Acid (PLA) Key Raw Materials

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.3 Lactic Acid and Poly Lactic Acid (PLA) Production Mode & Process

8.4 Lactic Acid and Poly Lactic Acid (PLA) Sales and Marketing

8.4.1 Lactic Acid and Poly Lactic Acid (PLA) Sales Channels

8.4.2 Lactic Acid and Poly Lactic Acid (PLA) Distributors

8.5 Lactic Acid and Poly Lactic Acid (PLA) Customers

9 Lactic Acid and Poly Lactic Acid (PLA) Market Dynamics

9.1 Lactic Acid and Poly Lactic Acid (PLA) Industry Trends

9.2 Lactic Acid and Poly Lactic Acid (PLA) Market Drivers

9.3 Lactic Acid and Poly Lactic Acid (PLA) Market Challenges

9.4 Lactic Acid and Poly Lactic Acid (PLA) Market Restraints

10 Research Finding and Conclusion

11 Methodology and Data Source

11.1 Methodology/Research Approach

11.1.1 Research Programs/Design

11.1.2 Market Size Estimation

11.1.3 Market Breakdown and Data Triangulation

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Author List

11.4 Disclaimer

FEATURED COMPANIES

NatureWorks

Teijin Ltd

BASF AG

Danimer Scientific

Henan Jindan Lactic Acid Technology

List of Tables

Table 1. Global Lactic Acid and Poly Lactic Acid (PLA) Market Value by Type, (US$ Million) & (2023 VS 2030)

Table 2. Global Lactic Acid and Poly Lactic Acid (PLA) Market Value by Application, (US$ Million) & (2023 VS 2030)

Table 3. Global Lactic Acid and Poly Lactic Acid (PLA) Production Capacity (K MT) by Manufacturers in 2023

Table 4. Global Lactic Acid and Poly Lactic Acid (PLA) Production by Manufacturers (2019-2024) & (K MT)

Table 5. Global Lactic Acid and Poly Lactic Acid (PLA) Production Market Share by Manufacturers (2019-2024)

Table 6. Global Lactic Acid and Poly Lactic Acid (PLA) Production Value by Manufacturers (2019-2024) & (US$ Million)

Table 7. Global Lactic Acid and Poly Lactic Acid (PLA) Production Value Share by Manufacturers (2019-2024)

Table 8. Global Lactic Acid and Poly Lactic Acid (PLA) Industry Ranking 2022 VS 2023 VS 2024

Table 9. Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Lactic Acid and Poly Lactic Acid (PLA) as of 2023)

Table 10. Global Market Lactic Acid and Poly Lactic Acid (PLA) Average Price by Manufacturers (USD/MT) & (2019-2024)

Table 11. Manufacturers Lactic Acid and Poly Lactic Acid (PLA) Production Sites and Area Served

Table 12. Manufacturers Lactic Acid and Poly Lactic Acid (PLA) Product Types

Table 13. Global Lactic Acid and Poly Lactic Acid (PLA) Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 14. Mergers & Acquisitions, Expansion

Table 15. Global Lactic Acid and Poly Lactic Acid (PLA) Production Value by Region: 2019 VS 2023 VS 2030 (US$ Million)

Table 16. Global Lactic Acid and Poly Lactic Acid (PLA) Production Value (US$ Million) by Region (2019-2024)

Table 17. Global Lactic Acid and Poly Lactic Acid (PLA) Production Value Market Share by Region (2019-2024)

Table 18. Global Lactic Acid and Poly Lactic Acid (PLA) Production Value (US$ Million) Forecast by Region (2025-2030)

Table 19. Global Lactic Acid and Poly Lactic Acid (PLA) Production Value Market Share Forecast by Region (2025-2030)

Table 20. Global Lactic Acid and Poly Lactic Acid (PLA) Production Comparison by Region: 2019 VS 2023 VS 2030 (K MT)

Table 21. Global Lactic Acid and Poly Lactic Acid (PLA) Production (K MT) by Region (2019-2024)

Table 22. Global Lactic Acid and Poly Lactic Acid (PLA) Production Market Share by Region (2019-2024)

Table 23. Global Lactic Acid and Poly Lactic Acid (PLA) Production (K MT) Forecast by Region (2025-2030)

Table 24. Global Lactic Acid and Poly Lactic Acid (PLA) Production Market Share Forecast by Region (2025-2030)

Table 25. Global Lactic Acid and Poly Lactic Acid (PLA) Market Average Price (USD/MT) by Region (2019-2024)

Table 26. Global Lactic Acid and Poly Lactic Acid (PLA) Market Average Price (USD/MT) by Region (2025-2030)

Table 27. Global Lactic Acid and Poly Lactic Acid (PLA) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030 (K MT)

Table 28. Global Lactic Acid and Poly Lactic Acid (PLA) Consumption by Region (2019-2024) & (K MT)

Table 29. Global Lactic Acid and Poly Lactic Acid (PLA) Consumption Market Share by Region (2019-2024)

Table 30. Global Lactic Acid and Poly Lactic Acid (PLA) Forecasted Consumption by Region (2025-2030) & (K MT)

Table 31. Global Lactic Acid and Poly Lactic Acid (PLA) Forecasted Consumption Market Share by Region (2019-2024)

Table 32. North America Lactic Acid and Poly Lactic Acid (PLA) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (K MT)

Table 33. North America Lactic Acid and Poly Lactic Acid (PLA) Consumption by Country (2019-2024) & (K MT)

Table 34. North America Lactic Acid and Poly Lactic Acid (PLA) Consumption by Country (2025-2030) & (K MT)

Table 35. Europe Lactic Acid and Poly Lactic Acid (PLA) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (K MT)

Table 36. Europe Lactic Acid and Poly Lactic Acid (PLA) Consumption by Country (2019-2024) & (K MT)

Table 37. Europe Lactic Acid and Poly Lactic Acid (PLA) Consumption by Country (2025-2030) & (K MT)

Table 38. Asia Pacific Lactic Acid and Poly Lactic Acid (PLA) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030 (K MT)

Table 39. Asia Pacific Lactic Acid and Poly Lactic Acid (PLA) Consumption by Region (2019-2024) & (K MT)

Table 40. Asia Pacific Lactic Acid and Poly Lactic Acid (PLA) Consumption by Region (2025-2030) & (K MT)

Table 41. Latin America, Middle East & Africa Lactic Acid and Poly Lactic Acid (PLA) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (K MT)

Table 42. Latin America, Middle East & Africa Lactic Acid and Poly Lactic Acid (PLA) Consumption by Country (2019-2024) & (K MT)

Table 43. Latin America, Middle East & Africa Lactic Acid and Poly Lactic Acid (PLA) Consumption by Country (2025-2030) & (K MT)

Table 44. Global Lactic Acid and Poly Lactic Acid (PLA) Production (K MT) by Type (2019-2024)

Table 45. Global Lactic Acid and Poly Lactic Acid (PLA) Production (K MT) by Type (2025-2030)

Table 46. Global Lactic Acid and Poly Lactic Acid (PLA) Production Market Share by Type (2019-2024)

Table 47. Global Lactic Acid and Poly Lactic Acid (PLA) Production Market Share by Type (2025-2030)

Table 48. Global Lactic Acid and Poly Lactic Acid (PLA) Production Value (US$ Million) by Type (2019-2024)

Table 49. Global Lactic Acid and Poly Lactic Acid (PLA) Production Value (US$ Million) by Type (2025-2030)

Table 50. Global Lactic Acid and Poly Lactic Acid (PLA) Production Value Share by Type (2019-2024)

Table 51. Global Lactic Acid and Poly Lactic Acid (PLA) Production Value Share by Type (2025-2030)

Table 52. Global Lactic Acid and Poly Lactic Acid (PLA) Price (USD/MT) by Type (2019-2024)

Table 53. Global Lactic Acid and Poly Lactic Acid (PLA) Price (USD/MT) by Type (2025-2030)

Table 54. Global Lactic Acid and Poly Lactic Acid (PLA) Production (K MT) by Application (2019-2024)

Table 55. Global Lactic Acid and Poly Lactic Acid (PLA) Production (K MT) by Application (2025-2030)

Table 56. Global Lactic Acid and Poly Lactic Acid (PLA) Production Market Share by Application (2019-2024)

Table 57. Global Lactic Acid and Poly Lactic Acid (PLA) Production Market Share by Application (2025-2030)

Table 58. Global Lactic Acid and Poly Lactic Acid (PLA) Production Value (US$ Million) by Application (2019-2024)

Table 59. Global Lactic Acid and Poly Lactic Acid (PLA) Production Value (US$ Million) by Application (2025-2030)

Table 60. Global Lactic Acid and Poly Lactic Acid (PLA) Production Value Share by Application (2019-2024)

Table 61. Global Lactic Acid and Poly Lactic Acid (PLA) Production Value Share by Application (2025-2030)

Table 62. Global Lactic Acid and Poly Lactic Acid (PLA) Price (USD/MT) by Application (2019-2024)

Table 63. Global Lactic Acid and Poly Lactic Acid (PLA) Price (USD/MT) by Application (2025-2030)

Table 64. BASF Lactic Acid and Poly Lactic Acid (PLA) Corporation Information

Table 65. BASF Specification and Application

Table 66. BASF Lactic Acid and Poly Lactic Acid (PLA) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 67. BASF Main Business and Markets Served

Table 68. BASF Recent Developments/Updates

Table 69. Danimer Scientific Lactic Acid and Poly Lactic Acid (PLA) Corporation Information

Table 70. Danimer Scientific Specification and Application

Table 71. Danimer Scientific Lactic Acid and Poly Lactic Acid (PLA) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 72. Danimer Scientific Main Business and Markets Served

Table 73. Danimer Scientific Recent Developments/Updates

Table 74. Henan Jindan Lactic Acid Technology Lactic Acid and Poly Lactic Acid (PLA) Corporation Information

Table 75. Henan Jindan Lactic Acid Technology Specification and Application

Table 76. Henan Jindan Lactic Acid Technology Lactic Acid and Poly Lactic Acid (PLA) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 77. Henan Jindan Lactic Acid Technology Main Business and Markets Served

Table 78. Henan Jindan Lactic Acid Technology Recent Developments/Updates

Table 79. Synbra Technology Lactic Acid and Poly Lactic Acid (PLA) Corporation Information

Table 80. Synbra Technology Specification and Application

Table 81. Synbra Technology Lactic Acid and Poly Lactic Acid (PLA) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 82. Synbra Technology Main Business and Markets Served

Table 83. Synbra Technology Recent Developments/Updates

Table 84. Dow Chemical Lactic Acid and Poly Lactic Acid (PLA) Corporation Information

Table 85. Dow Chemical Specification and Application

Table 86. Dow Chemical Lactic Acid and Poly Lactic Acid (PLA) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 87. Dow Chemical Main Business and Markets Served

Table 88. Dow Chemical Recent Developments/Updates

Table 89. Corbion Lactic Acid and Poly Lactic Acid (PLA) Corporation Information

Table 90. Corbion Specification and Application

Table 91. Corbion Lactic Acid and Poly Lactic Acid (PLA) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 92. Corbion Main Business and Markets Served

Table 93. Corbion Recent Developments/Updates

Table 94. Natureworks Lactic Acid and Poly Lactic Acid (PLA) Corporation Information

Table 95. Natureworks Specification and Application

Table 96. Natureworks Lactic Acid and Poly Lactic Acid (PLA) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 97. Natureworks Main Business and Markets Served

Table 98. Natureworks Recent Developments/Updates

Table 99. Teijin Lactic Acid and Poly Lactic Acid (PLA) Corporation Information

Table 100. Teijin Specification and Application

Table 101. Teijin Lactic Acid and Poly Lactic Acid (PLA) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 102. Teijin Main Business and Markets Served

Table 103. Teijin Recent Developments/Updates

Table 104. Wei Mon Industry Lactic Acid and Poly Lactic Acid (PLA) Corporation Information

Table 105. Wei Mon Industry Specification and Application

Table 106. Wei Mon Industry Lactic Acid and Poly Lactic Acid (PLA) Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 107. Wei Mon Industry Main Business and Markets Served

Table 108. Wei Mon Industry Recent Developments/Updates

Table 109. Key Raw Materials Lists

Table 110. Raw Materials Key Suppliers Lists

Table 111. Lactic Acid and Poly Lactic Acid (PLA) Distributors List

Table 112. Lactic Acid and Poly Lactic Acid (PLA) Customers List

Table 113. Lactic Acid and Poly Lactic Acid (PLA) Market Trends

Table 114. Lactic Acid and Poly Lactic Acid (PLA) Market Drivers

Table 115. Lactic Acid and Poly Lactic Acid (PLA) Market Challenges

Table 116. Lactic Acid and Poly Lactic Acid (PLA) Market Restraints

Table 117. Research Programs/Design for This Report

Table 118. Key Data Information from Secondary Sources

Table 119. Key Data Information from Primary Sources

List of Figures

Figure 1. Product Picture of Lactic Acid and Poly Lactic Acid (PLA)

Figure 2. Global Lactic Acid and Poly Lactic Acid (PLA) Market Value by Type, (US$ Million) & (2023 VS 2030)

Figure 3. Global Lactic Acid and Poly Lactic Acid (PLA) Market Share by Type: 2023 VS 2030

Figure 4. Lactic Acid Product Picture

Figure 5. Poly Lactic Acid (PLA) Product Picture

Figure 6. Global Lactic Acid and Poly Lactic Acid (PLA) Market Value by Application, (US$ Million) & (2023 VS 2030)

Figure 7. Global Lactic Acid and Poly Lactic Acid (PLA) Market Share by Application: 2023 VS 2030

Figure 8. Industrial

Figure 9. Personal Care

Figure 10. Packaging

Figure 11. Petroleum Based Products

Figure 12. Textiles

Figure 13. Global Lactic Acid and Poly Lactic Acid (PLA) Production Value (US$ Million), 2019 VS 2023 VS 2030

Figure 14. Global Lactic Acid and Poly Lactic Acid (PLA) Production Value (US$ Million) & (2019-2030)

Figure 15. Global Lactic Acid and Poly Lactic Acid (PLA) Production Capacity (K MT) & (2019-2030)

Figure 16. Global Lactic Acid and Poly Lactic Acid (PLA) Production (K MT) & (2019-2030)

Figure 17. Global Lactic Acid and Poly Lactic Acid (PLA) Average Price (USD/MT) & (2019-2030)

Figure 18. Lactic Acid and Poly Lactic Acid (PLA) Report Years Considered

Figure 19. Lactic Acid and Poly Lactic Acid (PLA) Production Share by Manufacturers in 2023

Figure 20. Lactic Acid and Poly Lactic Acid (PLA) Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023

Figure 21. The Global 5 and 10 Largest Players: Market Share by Lactic Acid and Poly Lactic Acid (PLA) Revenue in 2023

Figure 22. Global Lactic Acid and Poly Lactic Acid (PLA) Production Value by Region: 2019 VS 2023 VS 2030 (US$ Million)

Figure 23. Global Lactic Acid and Poly Lactic Acid (PLA) Production Value Market Share by Region: 2019 VS 2023 VS 2030

Figure 24. Global Lactic Acid and Poly Lactic Acid (PLA) Production Comparison by Region: 2019 VS 2023 VS 2030 (K MT)

Figure 25. Global Lactic Acid and Poly Lactic Acid (PLA) Production Market Share by Region: 2019 VS 2023 VS 2030

Figure 26. North America Lactic Acid and Poly Lactic Acid (PLA) Production Value (US$ Million) Growth Rate (2019-2030)

Figure 27. Europe Lactic Acid and Poly Lactic Acid (PLA) Production Value (US$ Million) Growth Rate (2019-2030)

Figure 28. China Lactic Acid and Poly Lactic Acid (PLA) Production Value (US$ Million) Growth Rate (2019-2030)

Figure 29. Japan Lactic Acid and Poly Lactic Acid (PLA) Production Value (US$ Million) Growth Rate (2019-2030)

Figure 30. Global Lactic Acid and Poly Lactic Acid (PLA) Consumption by Region: 2019 VS 2023 VS 2030 (K MT)

Figure 31. Global Lactic Acid and Poly Lactic Acid (PLA) Consumption Market Share by Region: 2019 VS 2023 VS 2030

Figure 32. North America Lactic Acid and Poly Lactic Acid (PLA) Consumption and Growth Rate (2019-2024) & (K MT)

Figure 33. North America Lactic Acid and Poly Lactic Acid (PLA) Consumption Market Share by Country (2019-2030)

Figure 34. Canada Lactic Acid and Poly Lactic Acid (PLA) Consumption and Growth Rate (2019-2024) & (K MT)

Figure 35. U.S. Lactic Acid and Poly Lactic Acid (PLA) Consumption and Growth Rate (2019-2024) & (K MT)

Figure 36. Europe Lactic Acid and Poly Lactic Acid (PLA) Consumption and Growth Rate (2019-2024) & (K MT)

Figure 37. Europe Lactic Acid and Poly Lactic Acid (PLA) Consumption Market Share by Country (2019-2030)

Figure 38. Germany Lactic Acid and Poly Lactic Acid (PLA) Consumption and Growth Rate (2019-2024) & (K MT)

Figure 39. France Lactic Acid and Poly Lactic Acid (PLA) Consumption and Growth Rate (2019-2024) & (K MT)

Figure 40. U.K. Lactic Acid and Poly Lactic Acid (PLA) Consumption and Growth Rate (2019-2024) & (K MT)

Figure 41. Italy Lactic Acid and Poly Lactic Acid (PLA) Consumption and Growth Rate (2019-2024) & (K MT)

Figure 42. Russia Lactic Acid and Poly Lactic Acid (PLA) Consumption and Growth Rate (2019-2024) & (K MT)

Figure 43. Asia Pacific Lactic Acid and Poly Lactic Acid (PLA) Consumption and Growth Rate (2019-2024) & (K MT)

Figure 44. Asia Pacific Lactic Acid and Poly Lactic Acid (PLA) Consumption Market Share by Regions (2019-2030)

Figure 45. China Lactic Acid and Poly Lactic Acid (PLA) Consumption and Growth Rate (2019-2024) & (K MT)

Figure 46. Japan Lactic Acid and Poly Lactic Acid (PLA) Consumption and Growth Rate (2019-2024) & (K MT)

Figure 47. South Korea Lactic Acid and Poly Lactic Acid (PLA) Consumption and Growth Rate (2019-2024) & (K MT)

Figure 48. China Taiwan Lactic Acid and Poly Lactic Acid (PLA) Consumption and Growth Rate (2019-2024) & (K MT)

Figure 49. Southeast Asia Lactic Acid and Poly Lactic Acid (PLA) Consumption and Growth Rate (2019-2024) & (K MT)

Figure 50. India Lactic Acid and Poly Lactic Acid (PLA) Consumption and Growth Rate (2019-2024) & (K MT)

Figure 51. Latin America, Middle East & Africa Lactic Acid and Poly Lactic Acid (PLA) Consumption and Growth Rate (2019-2024) & (K MT)

Figure 52. Latin America, Middle East & Africa Lactic Acid and Poly Lactic Acid (PLA) Consumption Market Share by Country (2019-2030)

Figure 53. Mexico Lactic Acid and Poly Lactic Acid (PLA) Consumption and Growth Rate (2019-2024) & (K MT)

Figure 54. Brazil Lactic Acid and Poly Lactic Acid (PLA) Consumption and Growth Rate (2019-2024) & (K MT)

Figure 55. Turkey Lactic Acid and Poly Lactic Acid (PLA) Consumption and Growth Rate (2019-2024) & (K MT)

Figure 56. GCC Countries Lactic Acid and Poly Lactic Acid (PLA) Consumption and Growth Rate (2019-2024) & (K MT)

Figure 57. Global Production Market Share of Lactic Acid and Poly Lactic Acid (PLA) by Type (2019-2030)

Figure 58. Global Production Value Market Share of Lactic Acid and Poly Lactic Acid (PLA) by Type (2019-2030)

Figure 59. Global Lactic Acid and Poly Lactic Acid (PLA) Price (USD/MT) by Type (2019-2030)

Figure 60. Global Production Market Share of Lactic Acid and Poly Lactic Acid (PLA) by Application (2019-2030)

Figure 61. Global Production Value Market Share of Lactic Acid and Poly Lactic Acid (PLA) by Application (2019-2030)

Figure 62. Global Lactic Acid and Poly Lactic Acid (PLA) Price (USD/MT) by Application (2019-2030)

Figure 63. Lactic Acid and Poly Lactic Acid (PLA) Value Chain

Figure 64. Lactic Acid and Poly Lactic Acid (PLA) Production Process

Figure 65. Channels of Distribution (Direct Vs Distribution)

Figure 66. Distributors Profiles

Figure 67. Bottom-up and Top-down Approaches for This Report

Figure 68. Data Triangulation

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Global Lactic Acid and Poly Lactic Acid (PLA) Market Research Report 2024

Published Date: January 2024

Report Code: QYRE-Auto-37S12041

Global Lactic Acid and Poly Lactic Acid (PLA) Market Research Report 2024

FEATURED COMPANIES

Lactic Acid and Poly Lactic Acid (PLA) Market Size

Lactic Acid and Poly Lactic Acid (PLA) Market

Report Scope

Scope of Lactic Acid and Poly Lactic Acid (PLA) Market Report

Chapter Outline

FAQ for this report

How fast is Lactic Acid and Poly Lactic Acid (PLA) Market growing?

What is the Lactic Acid and Poly Lactic Acid (PLA) Market size in 2030?

Who are the main players in the Lactic Acid and Poly Lactic Acid (PLA) Market report?

What are the Application segmentation covered in the Lactic Acid and Poly Lactic Acid (PLA) Market report?

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