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The future of the polylactic acid market in United States looks promising with opportunities in the packaging, bio-medical, textile, agriculture, and electronics end use industries. The major growth drivers for this market are increasing government regulation, environment friendly and better mechanical properties as compared to other biopolymers.
Emerging trends, which have a direct impact on the dynamics of the polylactic acid industry, include development of high heat resistant polylactic acid and production of PLA from second generation feedstock.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this polylactic acid market in United States report download the report brochure.
Polylactic Acid Market in United States by Segment:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Polylactic Acid Market in United States:
2014-2025 (US $M) (Randomized Data)
The study includes market size and forecast for the polylactic acid market in United States through 2025, segmented by product type, end use, raw material, and product form, as follows:
Polylactic Acid Market by Product Type [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
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Poly(L-lactic) Acid
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Poly(D-lactic) Acid
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Poly(DL-lactic) Acid
Polylactic Acid Market by End Use [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
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Packaging
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Bio-medical
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Textile
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Agriculture
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Electronics
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Others
Polylactic Acid Market by Raw Material [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
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Corn Starch
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Sugarcane & Sugar Beet
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Cassava
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Others
Polylactic Acid Market by Product Form [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
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Film & Sheets
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Fiber
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Thermoforming
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Coating
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Others
The L-lactic product type is expected to remain the largest market and will witness highest growth during the forecast period due to its increasing usage in packaging, biomedical, textile, and agriculture industry.
Within the polylactic acid market, packaging will remain the largest end use industry during the forecast period due to its biodegradable properties and favorable government policies. Lucintel predicts that the bio-medical end use is expected to witness the highest growth over the forecast period due its non-toxic and non-carcinogenic effects on human body.
Some of the features of “Opportunities in the Polylactic Acid Market in United States Report 2014-2025: Trends, Forecast and Competitive Analysis” include:
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Market size estimates: Polylactic acid market size estimation in terms of value ($M) and volume (M Lbs.) shipment.
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Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by end use and use industry.
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Segmentation analysis: Polylactic acid market size by product type, end use, raw material, and product form in terms of value and volume shipment.
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Growth opportunities: Analysis on growth opportunities in different product type, end use, raw material, and product form in the polylactic acid market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 7 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the polylactic acid market in United States 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)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges of the polylactic acid market?
Q.4 What are the business risks and threats to the polylactic acid market?
Q.5 What are emerging trends in this polylactic acid market and the reasons behind them?
Q.6 What are the changing demands of customers in the polylactic acid market?
Q.7 What are the new developments in the polylactic acid market? Which companies are leading these developments?