The packaging segment held the major share in 2020, accounting for nearly 90% of the global polylactic acid market. Increase in demand for packaged foods, snacks, ready-to-eat (RTE) meals, and other items fuels the growth of the segment. The bio-medical segment, on the other hand, would register the fastest CAGR of 20.2% from 2021 to …
Tag Archives: Polylactic Acid Market
Polylactic Acid (PLA) Market Segment Outlook, Market Assessment, Competition Scenario, Trends 2030
The packaging segment held the major share in 2020, accounting for nearly 90% of the global polylactic acid market. Increase in demand for packaged foods, snacks, ready-to-eat (RTE) meals, and other items fuels the growth of the segment. The bio-medical segment, on the other hand, would register the fastest CAGR of 20.2% from 2021 to …
Polylactic Acid Market Opportunities, Trends, Regional Overview, Leading Company Analysis and Impact Analysis till 2030
Advantages of polylactic acid in the construction industry and developments in the building & construction industry drive the growth of the global polyactic acid market. On the other hand, certain disadvantages associated with packaging in the construction sector restrain the growth to some extent. However, effective solutions for waste management are projected to pave the …
Polylactic Acid (PLA) Market: Recent Industry Developments And Growth Strategies Adopted By Players
Advantages of polylactic acid in the construction industry and developments in the building & construction industry drive the growth of the global polyactic acid market. Allied Market Research published a report, titled, “Polylactic Acid Market by End Use Industry (Packaging, Textile, Agricultural, Electronics, Bio-Medical and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030.” According to …
Polylactic Acid Market is Anticipated to Grow at a Sluggish CAGR of 17.2% Through 2030 | Global Industry Growth, Future Challenges
The global polylactic acid industry was estimated at $0.7 billion in 2020, and is anticipated to hit $4.0 billion by 2030, registering a CAGR of 17.2% from 2021 to 2030. Drivers, restraints, and opportunities- Advantages of polylactic acid in the construction industry and developments in the building & construction industry drive the growth of the …