North American Polylactic Acid (PLA) Market Trends, Size, Forecast - 2019-2025

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North American Polylactic Acid (PLA) Market Trends, Size, Forecast - 2019-2025

 

North American Polylactic Acid (PLA) Market is expected to grow at a CAGR of around 16.6% during the forecast period. North America is one of the major markets in global PLA market. There is a wide application area of PLA in polymers which are being used as a substitute in major industries of the region such as automobile, medical, food packaging, electronics, aerospace, agriculture industry, and others. PLA is being used as one of the best biodegradable polymers for these applications. The polymer has remarkable chemical and mechanical properties to be used as a renewable and economical substitute for convention plastic parts.

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PLA polymers are being used in the automobile industry to manufacture air filter part, interior trim parts for aesthetic purpose and other interior and exterior parts of the automotive body. With the growth in automobile, food packaging, medical and agriculture industry of the region, the adoption is being reported in the US and Canada for PLA polymers. The automotive sector is one of the major sectors contributing to the PLA market in North America. 

A full report of North American Polylactic Acid (PLA) Market is available at: https://www.omrglobal.com/industry-reports/north-american-polylactic-acid-market

North American PLA Market Segmentation

By Raw Material 

  • Corn-based PLA

  • Sugar-based PLA

  • Cassava-based PLA

  • Others

By Application

  • Packaging

  • Construction Material

  • Catering and Tableware

  • Agricultural Material

  • Consumer Goods

  • Electronic Material

  • Automobile

  • Others

Regional Analysis

  • United States

  • Canada

Company Profiles

  • BASF SE

  • Corbion N.V.

  • DuPont de Nemours, Inc.

  • Merck KGaA

  • MiniFIBERS, Inc.

  • Mitsubishi Gas Chemical Co., Inc.

  • NatureWorks LLC

  • RTP Co.

  • Sulzer Ltd.

  • Toray Industries, Inc. 

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/north-american-polylactic-acid-market

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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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Keywords: size,forecast - 2019-2025

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