DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Polylactic Acid Market Insights, Opportunity Analysis, Market Shares and Forecast 2017 - 2023" report to their offering.
Polylactic acid (PLA) is a biodegradable material with rigidity and clarity similar to polystyrene (PS) or polyethylene terephthalate (PET) and is used in applications such as packaging, catering, agriculture, automobiles etc. PLA is one of the best products in emerging bioplastic market because of its availability specifically in regions where there is more demand such as the US, Europe, China, Japan and Thailand. Natural polymers, biopolymers, and synthetic polymers based on renewable resources are the basis for the twenty-first century portfolio of sustainable, eco-efficient plastics. These materials will replace petroleum-based polymers such as HDPE, PET, PPetc., which are used in similar applications.
PLA is relatively new and emerging market. Developed countries such as the US and Europe are the largest market for PLA; however, developing Asian nations such as China and Thailand are also becoming lucrative destinations for the PLA market. Raw material availability, infrastructure development, favorable government policies and awareness of environmental benefits of PLA are the major drivers for the PLA market in different geographies.
Key Topics Covered:
Chap 1. Polylactic Acid Market Overview
Chap 2. Key Motivators Of PLA Market
Chap 3. Key Factors Restricting The Growth Of PLA Market
Chap 4. Key Challenges For PLA Market
Chap 5. Applications Of PLA
Chap 6. Raw Material Analysis
Chap 7. BioPLAstics: Sector Analysis
Chap 8. Market Share
Chap 9. Geography Analysis
Chap 10. Market Strategies
Chap 11. Corporate Profiles
For more information about this report visit http://www.researchandmarkets.com/research/bm7wxk/global_polylactic