Lactic Acids Market
beverages, trays, garbage bags, as well as employed in woven and non-woven textiles. In addition to
packaging and textile industries, polylactic acid is utilized in electronics, biomedical, and consumer
goods industries. Growing downstream markets such as packaging and biomedical industries would
lead to sustainable growth in the polylactic acid market during the forecast period.
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Packaging was the largest end-user segment of the polylactic acid market with a share of over 45% in
2014. It is expected to be the fastest growing segment of the polylactic acid during the forecast
period. Textile, electronics, automotive, and biomedical end-user segments are also likely to hold
significantly high share in the global polylactic acid market in the near future. Rising demand for
polylactic acid in the packaging segment is projected to augment the global demand for polylactic
acid in the near future.
Key players operating in the lactic acid and polylactic acid markets include Corbion NV, NatureWorks
LLC, Henan Jindan Lactic Acid Technology Co., Ltd., Archer Daniels Midland Company, Synbra
Technology BV, Zhejiang Hisun Biomaterials Co., Ltd., Teijin Ltd., Galactic, and Futerro.
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TABLE OF CONTENT
Chapter 1 Preface
1.1 Research Description
1.2 Market Segmentation
1.2.1 Global Lactic Acid Market Segmentation, by End-user and Region
1.2.2 Global Polylactic Acid Market Segmentation, by End-user and Region
1.3 Research Scope
1.3.1 Assumptions
1.4 Research Methodology
Chapter 2 Executive Summary
3
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