5 Oktober 2011

New Study: Lactic Acid & Poly Lactic Acid (PLA) Market (2009-2016)

Global Lactic Acid & Poly Lactic Acid (PLA) Market is Growing at a CAGR of 18.7% and is Expected to Reach $3,831.3 Million by 2016

In recent years, PLA has emerged as one of the most popular bio-degradable plastics available in the market. PLA finds major applications in the food packaging industry, especially in frozen foods, ready-to-eat meals, and cutlery. Increasing awareness regarding the environmental consequences by the use of conventional plastic packaging is expected to drive the demand for PLA in the near future. This surge in PLA demand is expected to reflect in demand for lactic acid as PLA is the largest application market for it.

This study estimates the global capacity of PLA and lactic acid by the end of 2016.

… Full text: www.environmental-expert.com/news/lactic-acid-poly-lactic-acid-pla-market-2009-2016-259699

Keywords: sugarcane, sugar beet, solvents, report, maket size, key countries, North America, Europe, Asia-Pacific, Latin America, ROW

Source: Environmental Expert.com, 2011-10-05.

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