NORTH AMERICA POLYLACTIC ACID MARKET FORECAST 2019-2028
The North America polylactic acid market is estimated to grow at a CAGR of 12.42% in terms of revenue during the forecast period, 2019-2028. In terms of volume, the market is set to record a CAGR of 14.34%. Growth in the food and beverage market is one of the significant factors boosting the market growth in the region. The North America polylactic acid market growth is evaluated by segmenting the region into the United States and Canada.
NORTH AMERICA POLYLACTIC ACID MARKET FORECAST 2019-2028
The North America polylactic acid market is estimated to grow at a CAGR of 12.42% in terms of revenue during the forecast period, 2019-2028. In terms of volume, the market is set to record a CAGR of 14.34%. Growth in the food and beverage market is one of the significant factors boosting the market growth in the region.
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The North America polylactic acid market growth is evaluated by segmenting the region into the United States and Canada. The US market for polylactic acid is augmented by the packaging and the medicinal sectors. The packaging segment holds a leading position in the US polylactic acid market. The growing use of flexible packaging on a wide scale, together with government regulations, is anticipated to steer the demand for polylactic acid in the region. There has been an increase in the regulations on food packaging by the FDA for improving the safety of food distributed throughout the United States, by facilitating biodegradable usage. This is providing opportunities in the packaging sector. Moreover, regulations to promote eco-friendly pharmaceutical packaging are encouraging the companies to emphasize on biodegradable packaging. Hence, the opportunities created in the healthcare and packaging sector by the U.S. government regulations are predicted to drive the polylactic market growth in the region.
NatureWorks LLC, headquartered in Minnesota, the US manufactures, develops, and markets bio-based plastics and fibers. It also produces, Ingeo, a range of polylactic and biopolymers made from carbon stored in plants by photosynthesis in the form of dextrose sugar. The company operates in Japan, the Netherlands, the US, and Thailand.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES `
- MARKET OVERVIEW
- 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
- 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
- MARKET BY PRODUCT FORM
- FILMS AND SHEETS
- COATINGS
- FIBERS
- OTHER PRODUCT FORMS
- MARKET BY APPLICATION
- PACKAGING
- AGRICULTURE
- ELECTRONICS
- TEXTILES
- MEDICAL
- AUTOMOTIVE
- OTHER APPLICATIONS
- MARKET BY RAW MATERIAL
- CORN
- SUGARCANE & SUGAR BEET
- CASSAVA
- OTHER RAW MATERIALS
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- UNITED STATES
- CANADA
- NORTH AMERICA
- 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 PLC
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – POLYLACTIC ACID
TABLE 2: LEGAL, POLICY & REGULATORY FRAMEWORK
TABLE 3: NORTH AMERICA POLYLACTIC ACID MARKET, BY PRODUCT FORM, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 4: NORTH AMERICA POLYLACTIC ACID MARKET, BY PRODUCT FORM, FORECAST YEARS, 2019-2028 (IN $ MILLION)
TABLE 5: NORTH AMERICA POLYLACTIC ACID MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 6: NORTH AMERICA POLYLACTIC ACID MARKET, BY APPLICATION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
TABLE 7: NORTH AMERICA POLYLACTIC ACID MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN KILO METRIC TON)
TABLE 8: NORTH AMERICA POLYLACTIC ACID MARKET, BY APPLICATION, FORECAST YEARS, 2019-2028 (IN KILO METRIC TON)
TABLE 9: NORTH AMERICA POLYLACTIC ACID MARKET, BY RAW MATERIAL, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 10: NORTH AMERICA POLYLACTIC ACID MARKET, BY RAW MATERIAL, FORECAST YEARS, 2019-2028 (IN $ MILLION)
TABLE 11: NORTH AMERICA POLYLACTIC ACID MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 12: NORTH AMERICA POLYLACTIC ACID MARKET, BY COUNTRY, FORECAST YEARS, 2019-2028 (IN $ MILLION)
TABLE 13: NORTH AMERICA POLYLACTIC ACID MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN KILO METRIC TON)
TABLE 14: NORTH AMERICA 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: NORTH AMERICA POLYLACTIC ACID MARKET, GROWTH POTENTIAL, BY PRODUCT FORM, IN 2019
FIGURE 9: NORTH AMERICA POLYLACTIC ACID MARKET, BY FILMS AND SHEETS, 2019-2028 (IN $ MILLION)
FIGURE 10: NORTH AMERICA POLYLACTIC ACID MARKET, BY COATINGS, 2019-2028 (IN $ MILLION)
FIGURE 11: NORTH AMERICA POLYLACTIC ACID MARKET, BY FIBERS, 2019-2028 (IN $ MILLION)
FIGURE 12: NORTH AMERICA POLYLACTIC ACID MARKET, BY OTHER PRODUCT FORMS, 2019-2028 (IN $ MILLION)
FIGURE 13: NORTH AMERICA POLYLACTIC ACID MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2019
FIGURE 14: NORTH AMERICA POLYLACTIC ACID MARKET, BY PACKAGING, 2019-2028 (IN $ MILLION)
FIGURE 15: NORTH AMERICA POLYLACTIC ACID MARKET, BY AGRICULTURE, 2019-2028 (IN $ MILLION)
FIGURE 16: NORTH AMERICA POLYLACTIC ACID MARKET, BY ELECTRONICS, 2019-2028 (IN $ MILLION)
FIGURE 17: NORTH AMERICA POLYLACTIC ACID MARKET, BY TEXTILES, 2019-2028 (IN $ MILLION)
FIGURE 18: NORTH AMERICA POLYLACTIC ACID MARKET, BY MEDICAL, 2019-2028 (IN $ MILLION)
FIGURE 19: NORTH AMERICA POLYLACTIC ACID MARKET, BY AUTOMOTIVE, 2019-2028 (IN $ MILLION)
FIGURE 20: NORTH AMERICA POLYLACTIC ACID MARKET, BY OTHER APPLICATIONS, 2019-2028 (IN $ MILLION)
FIGURE 21: NORTH AMERICA POLYLACTIC ACID MARKET, GROWTH POTENTIAL, BY RAW MATERIAL, IN 2019
FIGURE 22: NORTH AMERICA POLYLACTIC ACID MARKET, BY CORN, 2019-2028 (IN $ MILLION)
FIGURE 23: NORTH AMERICA POLYLACTIC ACID MARKET, BY SUGARCANE & SUGAR BEET, 2019-2028 (IN $ MILLION)
FIGURE 24: NORTH AMERICA POLYLACTIC ACID MARKET, BY CASSAVA, 2019-2028 (IN $ MILLION)
FIGURE 25: NORTH AMERICA POLYLACTIC ACID MARKET, BY OTHER RAW MATERIALS, 2019-2028 (IN $ MILLION)
FIGURE 26: NORTH AMERICA POLYLACTIC ACID MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)
FIGURE 27: UNITED STATES POLYLACTIC ACID MARKET, 2019-2028 (IN $ MILLION)
FIGURE 28: CANADA POLYLACTIC ACID MARKET, 2019-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- UNITED STATES
- CANADA
- NORTH AMERICA
- MARKET BY PRODUCT FORM
- FILMS AND SHEETS
- COATINGS
- FIBERS
- OTHER PRODUCT FORMS
- MARKET BY APPLICATION
- PACKAGING
- AGRICULTURE
- ELECTRONICS
- TEXTILES
- MEDICAL
- AUTOMOTIVE
- OTHER APPLICATIONS
- MARKET BY RAW MATERIAL
- CORN
- SUGARCANE & SUGAR BEET
- CASSAVA
- OTHER RAW MATERIALS
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We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.