Polylactic Acid Global Market Report 2023

The document is a comprehensive market report on polylactic acid, detailing the market size, trends, and forecasts from 2023 to 2032. It outlines that the polylactic acid market is projected to reach $2.62 billion by 2027, with a compound annual growth rate (CAGR) of 17.8%. The report attributes the growth to increasing consumer awareness regarding sustainable packaging solutions. It identifies North America as the region expected to hold the largest market share. The report segments the market by type, raw material, form, application, and geography. Types include racemic PLLA, PDLA, and PLA blends. Raw materials consist of corn starch, sugarcane, and cassava. Applications span packaging, agriculture, and textiles. The report includes a table of contents that lists various sections, including market characteristics, trends, drivers, and competitor landscape, providing a structured overview of the polylactic acid market landscape.