An exciting new study from the team of Lucintel found that polylactic acid marketis expected to reach $5.4Million by 2025 with a CAGR of 21.6%. There are significant money making opportunities available in thismarket and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The polylacticacidmarket is segmented based on product type, end use, raw material, product form, and region. In this market, L-lactic is the largest segment by product type, whereas packaging is largest by end use.Players can benefit from the available opportunities like stringent government regulations, biodegradable, and mechanical properties.
Development of high heat resistant polylactic acid and production of PLA from second generation feedstock are emerging trends having impact on dynamics of the industry.
Natureworks, Total Corbion, Pyramid Bioplastic, Weforyou, and Zhejiang Hisun are some of the major players profiled in this 242 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the polylacticacid market by product type (PLLA, PDLA, and PDLLA), end use (packaging, bio-medical, textile, agriculture, electronics, and others), raw material (corn starch, sugarcane & sugar beet, cassava, and others), product form (film & sheet, fiber, thermoforming, coating, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3What are the business risks and threats to the polylacticacidmarket?
Q.4What are some changing demands of customers in the polylacticacidmarket?
Q.5What are the new developments in the polylacticacidmarket? Which companies are leading these developments?
Q.6What strategic initiatives are being implemented by key players for business growth?
Q.7What are some of the competitive products and processes in this polylacticacidarea and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this polylacticacidmarket?
This unique report from Lucintelwill enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.