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EUROPE POLYLACTIC ACID MARKET FORECAST 2019-2028

The Europe polylactic acid market is predicted to reach a CAGR of 11.37% in terms of revenue during the forecast period, and a CAGR of 13.27% in terms of volume during this period, 2019-2028. The extensive application of polylactic acid in various fields, such as consumer goods, packaging, agriculture, construction material, catering, and technical material, and others is boosting the market growth in the region.

EUROPE POLYLACTIC ACID MARKET FORECAST 2019-2028

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The Europe polylactic acid market is predicted to reach a CAGR of 11.37% in terms of revenue during the forecast period, and a CAGR of 13.27% in terms of volume during this period, 2019-2028. The extensive application of polylactic acid in various fields, such as consumer goods, packaging, agriculture, construction material, catering, and technical material, and others is boosting the market growth in the region.
Europe Polylactic Acid Market

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The Europe polylactic acid market growth is assessed on the basis of market progression in Germany, the UK, Belgium, Russia, France, Poland, Italy, and the rest of Europe. In the UK, polylactic acid has exhibited a demand from several sectors, including automotive, packaging, and textile sectors. The highest demand is anticipated from the packaging sector. Polylactic acid is primarily required for the production of various vehicle parts. Hence, the rise in the production of automotive vehicles has led to a demand for PLA from the automotive sector. Germany has a large production base for sugar beet, which helps in the production of polylactic acid. The demand for renewable and environment-friendly packaging, the growing consumer awareness, and government regulations are driving the PLA market in Germany.

In countries like France, the demand for polylactic acid in the region is fueled by the growing packaging, textile, and automotive industry. The packaging industry is one of the largest in the country, and the highest demand for packaging comes from the food & beverage industry. The surge in production in the automotive sector is increasing the demand for PLA. In Italy, polylactic acid is used in automotive, medical, packaging, and textile sectors. There are around 7,000 small and big packaging companies operating in the country. The increase in automotive production, and the growing textile industry are benefitting the market growth in the country.

BASF SE, founded in 1865, is the world’s leading chemical company, with a presence in more than 80 countries. The company manufactures a wide range of plastics, dyes, chemicals, and petrochemicals. BASF SE provides Ecovio, a decomposable plastic made of biodegradable Ecoflex and PLA.

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES `
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • HISTORY OF POLYLACTIC ACID
      • MARKET DEFINITION
      •    KEY DRIVERS
        • UNSTABLE PETROLEUM PRICES AND LACK OF ENOUGH SOURCES
        • FAVORABLE GOVERNMENT SUPPORT
        • RISING ENVIRONMENTAL CONCERNS
      •    KEY RESTRAINTS
        • POOR PERFORMANCE COMPARED TO CONVENTIONAL PLASTICS
        • PRICE COMPETITIVENESS FROM CONVENTIONAL POLYMERS AND AGRICULTURAL FIBER ALTERNATIVES
        • NEED FOR INDUSTRIAL COMPOSTING UNITS
    1. KEY ANALYTICS
      • KEY INVESTMENT INSIGHTS
      •    PORTER’S FIVE FORCE ANALYSIS
        • BUYER POWER
        • SUPPLIER POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
      •    VALUE CHAIN ANALYSIS
        • RAW MATERIAL
        • PRODUCTION
        • RETAILER/DISTRIBUTOR
        • END-USER
      •    KEY BUYING CRITERIA
        • PRICE
        • ALTERNATIVES
        • AVAILABILITY
        • END OF LIFE EFFECTS
      • REGULATORY FRAMEWORK
    2. MARKET BY PRODUCT FORM
      • FILMS AND SHEETS
      • COATINGS
      • FIBERS
      • OTHER PRODUCT FORMS
    3. MARKET BY APPLICATION
      • PACKAGING
      • AGRICULTURE
      • ELECTRONICS
      • TEXTILES
      • MEDICAL
      • AUTOMOTIVE
      • OTHER APPLICATIONS
    4. MARKET BY RAW MATERIAL
      • CORN
      • SUGARCANE & SUGAR BEET
      • CASSAVA
      • OTHER RAW MATERIALS
    5. GEOGRAPHICAL ANALYSIS
      •    EUROPE
        • UNITED KINGDOM
        • GERMANY
        • FRANCE
        • ITALY
        • RUSSIA
        • BELGIUM
        • POLAND
        • REST OF EUROPE
    1. COMPANY PROFILES
      • NATUREWORKS LLC
      • BASF
      • MITSUBISHI CHEMICAL HOLDING CORPORATION
      • ZHEJIANG HISUN BIOMATERIALS CO LTD
      • FUTERRO SA
      • SYNBRA HOLDING BV
      • TEIJIN LTD
      • DOW CHEMICALS
      • THYSSENKRUPP AG
      • DANIMER SCIENTIFIC
      • GREEN BIOPLASTICS
      • INNOVIA FILMS
      • GOOD NATURED PRODUCTS INC
      • TOTAL-CORBION PLA

     LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – POLYLACTIC ACID

    TABLE 2: LEGAL, POLICY & REGULATORY FRAMEWORK

    TABLE 3: EUROPE POLYLACTIC ACID MARKET, BY PRODUCT FORM, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

    TABLE 4: EUROPE POLYLACTIC ACID MARKET, BY PRODUCT FORM, FORECAST YEARS, 2019-2028 (IN $ MILLION)

    TABLE 5: EUROPE POLYLACTIC ACID MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

    TABLE 6: EUROPE POLYLACTIC ACID MARKET, BY APPLICATION, FORECAST YEARS, 2019-2028 (IN $ MILLION)

    TABLE 7: EUROPE POLYLACTIC ACID MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN KILO METRIC TON)

    TABLE 8: EUROPE POLYLACTIC ACID MARKET, BY APPLICATION, FORECAST YEARS, 2019-2028 (IN KILO METRIC TON)

    TABLE 9: EUROPE POLYLACTIC ACID MARKET, BY RAW MATERIAL, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

    TABLE 10: EUROPE POLYLACTIC ACID MARKET, BY RAW MATERIAL, FORECAST YEARS, 2019-2028 (IN $ MILLION)

    TABLE 11: EUROPE POLYLACTIC ACID MARKET, BY COUNTRY, HISTORICAL YEARS 2016-2019 (IN $ MILLION)

    TABLE 12: EUROPE POLYLACTIC ACID MARKET, BY COUNTRY, FORECAST YEARS 2019-2028 (IN $ MILLION)

    TABLE 13: EUROPE POLYLACTIC ACID MARKET, BY COUNTRY, HISTORICAL YEARS 2016-2019 (IN KILO METRIC TON)

    TABLE 14: EUROPE POLYLACTIC ACID MARKET, BY COUNTRY, FORECAST YEARS 2019-2028 (IN KILO METRIC TON)

    LIST OF FIGURES

    FIGURE 1: TIMELINE POLYLACTIC ACID

    FIGURE 2: KEY INVESTMENT INSIGHTS

    FIGURE 3: PORTER’S FIVE FORCE ANALYSIS

    FIGURE 4: OPPORTUNITY MATRIX

    FIGURE 5: VENDOR LANDSCAPE

    FIGURE 6: VALUE CHAIN ANALYSIS

    FIGURE 7: KEY BUYING CRITERIA

    FIGURE 8: EUROPE POLYLACTIC ACID MARKET, GROWTH POTENTIAL, BY PRODUCT FORM, IN 2019

    FIGURE 9: EUROPE POLYLACTIC ACID MARKET, BY FILMS AND SHEETS, 2019-2028 (IN $ MILLION)

    FIGURE 10: EUROPE POLYLACTIC ACID MARKET, BY COATINGS, 2019-2028 (IN $ MILLION)

    FIGURE 11: EUROPE POLYLACTIC ACID MARKET, BY FIBERS, 2019-2028 (IN $ MILLION)

    FIGURE 12: EUROPE POLYLACTIC ACID MARKET, BY OTHER PRODUCT FORMS, 2019-2028 (IN $ MILLION)

    FIGURE 13: EUROPE POLYLACTIC ACID MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2019

    FIGURE 14: EUROPE POLYLACTIC ACID MARKET, BY PACKAGING, 2019-2028 (IN $ MILLION)

    FIGURE 15: EUROPE POLYLACTIC ACID MARKET, BY AGRICULTURE, 2019-2028 (IN $ MILLION)

    FIGURE 16: EUROPE POLYLACTIC ACID MARKET, BY ELECTRONICS, 2019-2028 (IN $ MILLION)

    FIGURE 17: EUROPE POLYLACTIC ACID MARKET, BY TEXTILES, 2019-2028 (IN $ MILLION)

    FIGURE 18: EUROPE POLYLACTIC ACID MARKET, BY MEDICAL, 2019-2028 (IN $ MILLION)

    FIGURE 19: EUROPE POLYLACTIC ACID MARKET, BY AUTOMOTIVE, 2019-2028 (IN $ MILLION)

    FIGURE 20 EUROPE POLYLACTIC ACID MARKET, BY OTHER APPLICATIONS, 2019-2028 (IN $ MILLION)

    FIGURE 21: EUROPE POLYLACTIC ACID MARKET, GROWTH POTENTIAL, BY RAW MATERIAL, IN 2019

    FIGURE 22: EUROPE POLYLACTIC ACID MARKET, BY CORN, 2019-2028 (IN $ MILLION)

    FIGURE 23: EUROPE POLYLACTIC ACID MARKET, BY SUGARCANE & SUGAR BEET, 2019-2028 (IN $ MILLION)

    FIGURE 24: EUROPE POLYLACTIC ACID MARKET, BY CASSAVA, 2019-2028 (IN $ MILLION)

    FIGURE 25: EUROPE POLYLACTIC ACID MARKET, BY OTHER RAW MATERIALS, 2019-2028 (IN $ MILLION)

    FIGURE 26: EUROPE POLYLACTIC ACID MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

    FIGURE 27: UNITED KINGDOM POLYLACTIC ACID MARKET, 2019-2028 (IN $ MILLION)

    FIGURE 28: GERMANY POLYLACTIC ACID MARKET, 2019-2028 (IN $ MILLION)

    FIGURE 29: FRANCE POLYLACTIC ACID MARKET, 2019-2028 (IN $ MILLION)

    FIGURE 30: ITALY POLYLACTIC ACID MARKET, 2019-2028 (IN $ MILLION)

    FIGURE 31: RUSSIA POLYLACTIC ACID MARKET, 2019-2028 (IN $ MILLION)

    FIGURE 32: BELGIUM POLYLACTIC ACID MARKET, 2019-2028 (IN $ MILLION)

    FIGURE 33: POLAND POLYLACTIC ACID MARKET, 2019-2028 (IN $ MILLION)

    FIGURE 34: REST OF EUROPE POLYLACTIC ACID MARKET, 2019-2028 (IN $ MILLION)

    1. GEOGRAPHICAL ANALYSIS
      •    EUROPE
        • UNITED KINGDOM
        • GERMANY
        • FRANCE
        • ITALY
        • RUSSIA
        • BELGIUM
        • POLAND
        • REST OF EUROPE
    1. MARKET BY PRODUCT FORM
      • FILMS AND SHEETS
      • COATINGS
      • FIBERS
      • OTHER PRODUCT FORMS
    2. MARKET BY APPLICATION
      • PACKAGING
      • AGRICULTURE
      • ELECTRONICS
      • TEXTILES
      • MEDICAL
      • AUTOMOTIVE
      • OTHER APPLICATIONS
    3. MARKET BY RAW MATERIAL
      • CORN
      • SUGARCANE & SUGAR BEET
      • CASSAVA
      • OTHER RAW MATERIALS

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