London, UK (PRWEB) December 12, 2013
The world polylactic acid (PLA) market is witnessing continuous growth, supported by the increased environmental concerns, volatility and scarcity of fossil fuels’ costs, regulatory initiatives, the need to reduce dependency on petroleum based feedstock, as well as ongoing technological advancements in the PLA industry. Supply crunch, which was the result of manufacturers’ efforts to satisfy the burgeoning demand for bio-based plastics, is the major challenge faced by the PLA industry. The global PLA market is poised to record double-digit growth in the years ahead. APAC PLA market, especially China, has a huge future growth potential, and it is likely to witness the fastest growth through 2020.
The packaging industry, especially the food packaging sector, is the major end user of PLA, followed by textile and transportation industries. The PLA applications are predicted to grow owing to the improved performance properties of various PLA products.
In-demand research report, “Polylactic Acid (PLA) Market in Packaging, Textile, Agriculture, Transportation, Bio-Medical, Electronics and Others - Global Industry Size, Company Share, Growth, Trends, Strategic Analysis and Forecast, 2012 – 2020” worked out by Allied Market Research has been recently published by Market Publishers Ltd.
Title: Polylactic Acid (PLA) Market in Packaging, Textile, Agriculture, Transportation, Bio-Medical, Electronics and Others - Global Industry Size, Company Share, Growth, Trends, Strategic Analysis and Forecast, 2012 - 2020
Published: November, 2013
Price: US$ 4,515.00
The research study offers comprehensive insights into the world PLA market, featuring a detailed market assessment by application and geography. It scrutinizes the key forces influencing the market growth, uncovers demand and supply statistics, provides value chain analysis, reviews the main distribution channels, describes the regulative environment, and offers a snapshot of the predominant trends and recent industry developments. The report evaluates the competitive pressure in the marketplace, characterizes major factors determining the market trends, measures the market attractiveness, pinpoints the main market threats and opportunities, and also identifies the market growth potential. Porter’s five forces analysis, examination of the competitive landscape and profiles of the top market participants are available in the report. The study not only covers the historical and current industry performance, but also discusses the future prospects for the global PLA market through 2020.
More topical research reports by the publisher can be found at Allied Market Research page.