Lactic Acids Market
2.1 Global Lactic Acid Market, 2014 – 2023 (Kilo Tons) (US$ Mn)
2.2 Global Polylactic Acid Market, 2014 – 2023 (Kilo Tons) (US$ Mn)
Chapter 3 Lactic Acid and Polylactic Acid Market– Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
3.3.1 Strong Outlook for Bioplastics from Packaging Industry to Drive Lactic and Polylactic Acid Market
Subsequently
3.3.1.1 Global Packaging Market Revenue, 2013-2023 (US$ Bn)
3.3.1.2 Global Bioplastics Market Volume, 2013-2023 (Kilo Tons)
3.3.2 Rising Demand from Food and Beverage Industry Expected to Drive Lactic Acid Market
3.3.2.1 Global Food Products Market Revenue, 2013-2023 (US$ Trillion)
3.3.2.2 Global Beverages Market Revenue, 2013-2023 (US$ Trillion)
3.3.3 Growing Demand from Biomedical Industry anticipated to drive the Polylactic Acid Market
3.3.3.1 Global Biomaterials Market Revenue, 2013-2023 (US$ Bn)
3.4 Restraints
3.4.1 Availability of Potential Substitutes and High Production Cost Anticipated to Act as Restraint to Polylactic Acid
Market
3.4.1.1 Cost Comparison of Polylactic Acid and Polyethylene, 2013-2023 (US$/Ton)
3.4.2 Fluctuation in Raw Material Prices Expected to Act as Restraint to Lactic Acid Market
3.4.2.1 Prices of Various Raw materials for Lactic Acid, 2011-2023 (US$/Ton)
3.5 Opportunity
3.5.1 Chemical recycling of polylactic acid is likely to act as an opportunity
3.5.2 Production of lactic acid through alternative potential raw materials is likely to act as an opportunity for lactic
acid market
3.6 Lactic Acid Market - Porter’s Five Forces Analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat from New Entrants
3.6.4 Threat from Substitutes
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