30 Oktober 2013

Global polylactic acid market predicted to hit US$2.6 billion by 2016

Maximum share of growth rate is expected from Asia-Pacific region

polylactic_acid_pla_a_global_market_watchDUBLIN, Ireland, October 24, 2013 – Research and Markets has announced the addition of the “Polylactic Acid (PLA) – A Global Market Watch, 2011 – 2016″ report to their offering.

Global Poly Lactic Acid market is expected to reach US$2.6 billion by 2016 at a Compounded Annual Growth Rate (CAGR) of 28%, globally. Region-wise analysis shows that Asia-Pacific is forecasted to record the highest growth rate of 29.3% during the analysis period 2011-2016. Europe follows Asia-Pacific with a CAGR of 28.9%. The Americas forecasts to drive the global market with a 27.3%. Volume based studies reveal that the maximum share of growth rate is expected from Asia-Pacific region. Comparing the end-user industries, textiles and electronics are going to be the major supporters of this market.

Publication Overview
The Polylactic Acid (PLA) – A Global Market Watch, 2011 – 2016′ reviews the latest trends in plastics industry with a perceptive to identify the near-future growth prospects. The plastics industry is a fragmented market with multiple market participants, opens up numerous investment opportunities. The major investment focus is packaging business. An in-depth analysis across the geographic regions provides strategic business intelligence for the industry investments. The study offers profitable investment strategies for R&D organizations, plastic manufacturing units, distributors, Contract Research Organizations (CROs) and many more in preferred locations.

The report primarily focuses on:

– Latest Market Trends

– Region-wise Demand Factor

– Key Growth Areas

– Market Sizes

– Key Competitors Edge

– Investment Strategies

Estimates are based on online surveys using customized questionnaires by our research team. Besides information from government databases, company websites, press releases and published research reports are also used for estimates. Estimates have incorporated recessionary impact on the industry. The analysis is based on desk research and interviews with industry researchers and law/ethics specialists, as well as on data collected through the survey, and discussions with experts.

The report delivers a microscopic view of regional market volume and values. The major polylactic acid (PLA) – applications discussed in the report are:

– Biodegradable Packaging

– Textiles (Wovens & Non Wovens)

– Bio-medical

– Electronics

– Other

The report focuses on the current market trends, estimates and forecasts for the period 2011-2016.

134 data charts describe the market shares, sales forecasts and growth prospects. Moreover, key strategic activities in the market including mergers/acquisitions, collaborations/partnerships, product launches/developments are discussed which gives a deep insight into the growth perspectives of the market.

The report also covers major industry participants with details of their services, projects and financial status.


Source: Research and Markets, press release, 2013-10-24.


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