Lactic Acid Market projected to Reach $3,577.5 Million by 2019 at CAGR Value of 18.8% - New Report by MarketsandMarkets
(PRWEB) September 28, 2014 -- The report "Lactic Acid Market by Application (Biodegradable Polymer, Food & Beverage, Personal Care & Pharmaceutical) & Polylactic Acid Market by Application (Packaging, Agriculture, Automobile, Electronics, Textile) & Geography - Global Trends & Forecasts to 2019" by MarketsandMarkets, defines the Lactic Acid and Polylactic Acid Markets and segments with analyses and projections of the size of each market, based on their sub-segments, in terms of value and volume. It also identifies the driving and restraining factors for the Lactic Acid and Polylactic Acid Markets with analyses of trends, opportunities, burning issues, and winning imperatives.
Browse 138 market data tables with 33 figures spread through 259 pages and in-depth TOC on "Lactic Acid Market & Polylactic Acid Market ".
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The Lactic Acid and Polylactic Acid Markets are driven by the key market players with new product launches as their preferred strategy to sustain the competition in the market.
In 2013, packaging was the largest application for the PLA market, followed by textiles. The other segment includes biomedical devices and domestic goods. In 2013, Biodegradable polymers formed the largest application for lactic acid, followed by food and beverages.
The report includes development strategies and product portfolios of the leading companies. The profiles of leading companies such as Nature works LLC (U.S.), Synbra Technology B.V (Netherlands), Purac (Netherlands) have been included in the report. The report further provides qualitative analysis of the prominent market players and their preferred development strategies.
Scope of the Report
This report focuses on the markets for lactic acid and polylactic acid (PLA), which are respectively segmented on the basis of applications and geography.
Lactic acid market
On the basis of application:
• Biodegradable polymers
• Food & beverages
• Personal care products
• Pharmaceuticals
• Others
On the basis of geography:
• North America
• Europe
• Asia-Pacific
• RoW
Polylactic acid (PLA) market
On the basis of application:
• Packaging
• Agriculture
• Automobile
• Electronics
• Textile
• Others
On the basis of geography:
• North America
• Europe
• Asia-Pacific
• RoW
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Browse related reports
Bioplastics & Biopolymers Market by Type (Bio PET, Bio PE, PLA, PHA, Bio PBS, Starch Blends, and Regenerated Cellulose), by Application (Packaging, Bottles, Fibers, Agriculture, Automotive, and Others) & by Geography - Trends & Forecasts to 2018
http://www.marketsandmarkets.com/Market-Reports/biopolymers-bioplastics-market-88795240.html
Biodegradable Plastics Market by Types (Starch, PLA, PHA, PCL and PBS) Applications, Regulations, Prices, Trends & Forecast (2011 - 2016)
http://www.marketsandmarkets.com/Market-Reports/biodegradable-plastics-93.html
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