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Lactic Acid Market

Lactic Acid Market (Food and Beverage, Personal Care, Pharmaceutical, Biodegradable Plastics and Other End-users) and Polylactic Acid Market (Packaging, Textile, Electronics, Automotive, Biomedical and Other End-users) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

Global Lactic Acid and Polylactic Acid Market: Snapshot

The use of lactic acid mainly for manufacturing biodegradable plastics is largely responsible for growth of the lactic acid market. Rising awareness about the environmental concerns over dumping plastics in landfills has encouraged further exploration over the bioplastics. Growing demand for the bioplastic is boosting the lactic acid market. Lactic acid is a carboxylic acid, which is used across a range of end-use industries for its chemical properties. Growing usage of lactic acid across the food and beverages, personal care or cosmetics, and pharmaceutical industries are boosting the lactic acid market.

The polylactic acid has the extensive applications of the biodegradable polymer in the packaging of food and beverages and textiles. Growing demand for the lactic acid and polylactic acid in the textile industry is fueling growth of the lactic acid and polylactic acid market. Additionally, the attractive demand for the polylactic acid as a substitute for fossil fuel-based plastics is driving growth of the global polylactic acid market. Moreover, growing adoption of polylactic acid in the personal care products, which is fuelling growth of the lactic acid market.

The global lactic acid market collected revenue of US$1,130.4 mn in 2014 and is expected to attain a value of US$3,381.8 mn by the 2023-end. The market is swelling is expected to expand at a CAGR of 13.0% over the forecast period from 2015 to 2023. The global polylactic acid market collected revenue of US$400.1 mn in 2014 and is expected to reach a value of US$1,358.1 mn by 2023-end. The market is expected to expand at a CAGR of 14.6% over the forecast period.

Biodegradable Plastics to be Largest Segment in the Lactic Acid and Polylactic Acid Market

Based on the end use, the lactic acid market is segmented into food and beverage, personal care, pharmaceutical, biodegradable plastics, and others (including detergents). Of these, the biodegradable plastics segment accounted for the leading share with more than 35% in the overall market in 2014. The market is expected to expand with a CAGR of 13.5% over the forecast period from 2015 to 2023. Lactic acid is extensively used in personal care products and in the food & beverages industry.

Based on the end use, the polylactic acid market is segmented into packaging, textile, electronics, automotive, biomedical, and others (including printing). Among these, the packaging segment procured leading share in an end-use segment by holding more than 45% share in the revenue of the global polylactic acid market in 2014. This is attributable to the growing demand from electronics, biomedical, textiles, and automotive end-use segments.

North America to be Leading Region in Lactic Acid Market and Asia Pacific to Dominate Polylactic Acid Market

On the geographical front, the lactic acid and polylactic acid market are segmented into North America, Latin America, Europe, Asia Pacific, And the Middle East & Africa. Of these, North America held the dominant share of the global lactic acid market in 2014. This growth of the lactic acid market in the region is attributable to the extensive demand for bioplastics. However, the Asia Pacific dominated the polylactic acid market and is expected to witness lucrative opportunities for growth of the market in the coming years.

Some of the key players in the lactic acid and polylactic acid market include Futerro SA, Zhejiang Hisun Biomaterials Co., Ltd., Teijin Ltd., Archer Daniels Midland Company, and Synbra Technology BV.

    1. Preface

        1.1. Research Description

        1.2. Market Segmentation

            1.2.1. Global Lactic Acid Market Segmentation, by End-user and Region

            1.2.2. Global Polylactic Acid Market Segmentation, by End-user and Region

        1.3. Research Scope

            1.3.1. Assumptions

        1.4. Research Methodology

    2. Executive Summary

        2.1. Global Lactic Acid Market, 2014-2023 (Kilo Tons) (US$ Mn)

        2.2. Global Polylactic Acid Market, 2014-2023 (Kilo Tons) (US$ Mn)

    3. Lactic Acid and Polylactic Acid Market– Industry Analysis

        3.1. Introduction

        3.2. Value Chain Analysis

        3.3. Market Drivers

            3.3.1. Strong Outlook for Bioplastics from Packaging Industry to Drive Lactic and Polylactic Acid Market Subsequently

                3.3.1.1. Global Packaging Market Revenue, 2013-2023 (US$ Bn)

                3.3.1.2. Global Bioplastics Market Volume, 2013-2023 (Kilo Tons)

            3.3.2. Rising Demand from Food and Beverage Industry Expected to Drive Lactic Acid Market

                3.3.2.1. Global Food Products Market Revenue, 2013-2023 (US$ Trillion)

                3.3.2.2. Global Beverages Market Revenue, 2013-2023 (US$ Trillion)

            3.3.3. Growing Demand from Biomedical Industry anticipated to drive the Polylactic Acid Market

                3.3.3.1. Global Biomaterials Market Revenue, 2013-2023 (US$ Bn)

        3.4. Restraints

            3.4.1. Availability of Potential Substitutes and High Production Cost Anticipated to Act as Restraint to Polylactic Acid Market

                3.4.1.1. Cost Comparison of Polylactic Acid and Polyethylene, 2013-2023 (US$/Ton)

            3.4.2. Fluctuation in Raw Material Prices Expected to Act as Restraint to Lactic Acid Market

                3.4.2.1. Prices of Various Raw materials for Lactic Acid, 2011-2023 (US$/Ton)

        3.5. Opportunity

            3.5.1. Chemical recycling of polylactic acid is likely to act as an opportunity

            3.5.2. Production of lactic acid through alternative potential raw materials is likely to act as an opportunity for lactic acid market

        3.6. Lactic Acid Market - Porter’s Five Forces Analysis

            3.6.1. Bargaining Power of Suppliers

            3.6.2. Bargaining Power of Buyers

            3.6.3. Threat from New Entrants

            3.6.4. Threat from Substitutes

            3.6.5. Degree of Competition

        3.7. Polylactic Acid Market - Porter’s Five Forces Analysis

            3.7.1. Bargaining Power of Suppliers

            3.7.2. Bargaining Power of Buyers

            3.7.3. Threat from New Entrants

            3.7.4. Threat from Substitutes

            3.7.5. Degree of Competition

        3.8. Lactic Acid Market - Attractiveness Analysis

            3.8.1. Global Lactic Acid Market Attractiveness, by End-User, 2014

        3.9. Polylactic Acid Market - Attractiveness Analysis

            3.9.1. Global Polylactic Acid Market Attractiveness, by End-User, 2014

        3.10. Lactic Acid - Company Market Share Analysis

            3.10.1. Global Lactic Acid Market Share, by Company, 2014

        3.11. Polylactic Acid - Company Market Share Analysis

            3.11.1. Global Polylactic Acid Market Share, by Company, 2014

    4. Raw Material and Price Trend Analysis

        4.1. Manufacturing Process (Lactic Acid)

            4.1.1. Microbial Fermentation Process: Gypsum Process

        4.2. Manufacturing Process (Polylactic Acid)

            4.2.1. Ring-opening Polymerization Method

        4.3. Global Raw Material Price Trends (Lactic Acid), 2014-2023

        4.4. Global Lactic Acid Price Trends, 2014-2023

        4.5. Global Polylactic Acid Price Trends, 2014-2023

    5. Lactic Acid Market – End-user Analysis

        5.1. Global Lactic Acid Market: End-user Overview

            5.1.1. Global Lactic Acid Market Volume Share, by End-users, 2014 and 2023

        5.2. Food and Beverage

            5.2.1. Global Lactic Acid Demand for Food & Beverage, 2014-2023 (Kilo Tons) (US$ Mn)

        5.3. Personal Care

            5.3.1. Global Lactic Acid Demand for Personal Care, 2014-2023 (Kilo Tons) (US$ Mn)

        5.4. Pharmaceutical

            5.4.1. Global Lactic Acid Demand for Pharmaceutical, 2014-2023 (Kilo Tons) (US$ Mn)

        5.5. Biodegradable Plastics

            5.5.1. Global Lactic Acid Demand for Biodegradable Plastics, 2014-2023 (Kilo Tons) (US$ Mn)

        5.6. Others (Including detergents, etc.)

            5.6.1. Global Lactic Acid Demand for Other End-users, 2014-2023 (Kilo Tons) (US$ Mn)

    6. Lactic Acid Market - Regional Analysis

        6.1. Global Lactic Acid Market: Regional Overview

            6.1.1. Global Lactic Acid Market Volume Share, by Region, 2014 and 2023

        6.2. North America

            6.2.1. North America Lactic Acid Market Volume, by End-user Segment, 2014-2023 (Kilo Tons)

            6.2.2. North America Lactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

            6.2.3. U.S.

                6.2.3.1. U.S. Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                6.2.3.2. U.S. Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

            6.2.4. Rest of North America

                6.2.4.1. Rest of North America Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                6.2.4.2. Rest of North America Lactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

        6.3. Europe

            6.3.1. Europe Lactic Acid Market Volume, by End-user Segment, 2014-2023 (Kilo Tons)

            6.3.2. Europe Lactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

            6.3.3. France

                6.3.3.1. France Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                6.3.3.2. France Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

            6.3.4. Germany

                6.3.4.1. Germany Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                6.3.4.2. Germany Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

            6.3.5. Italy

                6.3.5.1. Italy Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                6.3.5.2. Italy Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

            6.3.6. Netherlands

                6.3.6.1. Netherlands Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                6.3.6.2. Netherlands Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

            6.3.7. U.K.

                6.3.7.1. U.K. Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                6.3.7.2. U.K. Lactic acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

            6.3.8. Rest of Europe

                6.3.8.1. Rest of Europe Lactic acid Market Volume, by End-user, 2014-2023 (Tons)

                6.3.8.2. Rest of Europe Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

        6.4. Asia Pacific

            6.4.1. Asia Pacific Lactic Acid Market Volume, by End-user Segment, 2014-2023 (Kilo Tons)

            6.4.2. Asia Pacific Lactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

            6.4.3. China

                6.4.3.1. China Lactic Acid Market Volume, by End-user Segment, 2014-2023 (Tons)

                6.4.3.2. China Lactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

            6.4.4. Japan

                6.4.4.1. Japan Lactic Acid Market Volume, by End-user Segment, 2014-2023 (Tons)

                6.4.4.2. Japan Lactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

            6.4.5. ASEAN

                6.4.5.1. ASEAN Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                6.4.5.2. ASEAN Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

            6.4.6. Rest of Asia Pacific

                6.4.6.1. Rest of Asia Pacific Lactic Acid Market Volume, by End-user Segment, 2014-2023 (Tons)

                6.4.6.2. Rest of Asia Pacific Lactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

        6.5. Latin America

                6.5.1.1. Latin America Lactic Acid Market Volume, by End-user Segment, 2014-2023 (Kilo Tons)

                6.5.1.2. Latin America Lactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

            6.5.2. Brazil

                6.5.2.1. Brazil Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                6.5.2.2. Brazil Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

            6.5.3. Rest of Latin America

                6.5.3.1. Rest of Latin America Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                6.5.3.2. Rest of Latin America Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

        6.6. Middle East & Africa

                6.6.1.1. Middle East & Africa Lactic Acid Market Volume, by End-user, 2014-2023 (Kilo Tons)

                6.6.1.2. Middle East & Africa Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

            6.6.2. GCC

                6.6.2.1. GCC Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                6.6.2.2. GCC Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

            6.6.3. South Africa

                6.6.3.1. South Africa Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                6.6.3.2. South Africa Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

            6.6.4. Rest of Middle East & Africa

                6.6.4.1. Rest of Middle East & Africa Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                6.6.4.2. Rest of Middle East & Africa Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    7. Polylactic Acid Market – End-user Analysis

        7.1. Global Polylactic Acid Market: End-user Overview

            7.1.1. Global Polylactic Acid Market Volume Share, by End-users, 2014 and 2023

        7.2. Packaging

            7.2.1. Global Polylactic Acid Demand for Packaging, 2014-2023 (Kilo Tons) (US$ Mn)

        7.3. Textiles

            7.3.1. Global Polylactic Acid Demand for Textiles, 2014-2023 (Kilo Tons) (US$ Mn)

        7.4. Electronics

            7.4.1. Global Polylactic Acid Demand for Electronics, 2014-2023 (Kilo Tons) (US$ Mn)

        7.5. Automotive

            7.5.1. Global Polylactic Acid Demand for Automotive, 2014-2023 (Kilo Tons) (US$ Mn)

        7.6. Biomedical

            7.6.1. Global Polylactic Acid Demand for Biomedical, 2014-2023 (Kilo Tons) (US$ Mn)

        7.7. Others (Including consumer goods, 3D printing, etc.)

            7.7.1. Global Polylactic Acid Demand for Other End-users, 2014-2023 (Kilo Tons) (US$ Mn)

    8. Polylactic Acid Market - Regional Analysis

        8.1. Global Polylactic Acid Market: Regional Overview

            8.1.1. Global Polylactic Acid Market Volume Share, by Region, 2014 and 2023

        8.2. North America

            8.2.1. North America Polylactic Acid Market Volume, by End-user Segment, 2014-2023 (Kilo Tons)

            8.2.2. North America Polylactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

            8.2.3. U.S.

                8.2.3.1. U.S. Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                8.2.3.2. U.S. Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

            8.2.4. Rest of North America

                8.2.4.1. Rest of North America Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                8.2.4.2. Rest of North America Polylactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

        8.3. Europe

            8.3.1. Europe Polylactic Acid Market Volume, by End-user Segment, 2014-2023 (Kilo Tons)

            8.3.2. Europe Polylactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

            8.3.3. France

                8.3.3.1. France Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                8.3.3.2. France Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

            8.3.4. Germany

                8.3.4.1. Germany Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                8.3.4.2. Germany Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

            8.3.5. Italy

                8.3.5.1. Italy Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                8.3.5.2. Italy Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

            8.3.6. Netherlands

                8.3.6.1. Netherlands Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                8.3.6.2. Netherlands Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

            8.3.7. U.K.

                8.3.7.1. U.K. Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                8.3.7.2. U.K. Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

            8.3.8. Rest of Europe

                8.3.8.1. Rest of Europe Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                8.3.8.2. Rest of Europe Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

        8.4. Asia Pacific

            8.4.1. Asia Pacific Polylactic Acid Market Volume, by End-user Segment, 2014-2023 (Kilo Tons)

            8.4.2. Asia Pacific Polylactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

            8.4.3. China

                8.4.3.1. China Polylactic Acid Market Volume, by End-user Segment, 2014-2023 (Tons)

                8.4.3.2. China Polylactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

            8.4.4. Japan

                8.4.4.1. Japan Polylactic Acid Market Volume, by End-user Segment, 2014-2023 (Tons)

                8.4.4.2. Japan Polylactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

            8.4.5. ASEAN

                8.4.5.1. ASEAN Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                8.4.5.2. ASEAN Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

            8.4.6. Rest of Asia Pacific

                8.4.6.1. Rest of Asia Pacific Polylactic Acid Market Volume, by End-user Segment, 2014-2023 (Tons)

                8.4.6.2. Rest of Asia Pacific Polylactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

        8.5. Latin America

                8.5.1.1. Latin America Polylactic Acid Market Volume, by End-user Segment, 2014-2023 (Kilo Tons)

                8.5.1.2. Latin America Polylactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

            8.5.2. Brazil

                8.5.2.1. Brazil Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                8.5.2.2. Brazil Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

            8.5.3. Rest of Latin America

                8.5.3.1. Rest of Latin America Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                8.5.3.2. Rest of Latin America Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

        8.6. Middle East & Africa

                8.6.1.1. Middle East & Africa Polylactic Acid Market Volume, by End-user, 2014-2023 (Kilo Tons)

                8.6.1.2. Middle East & Africa Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

            8.6.2. GCC

                8.6.2.1. GCC Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                8.6.2.2. GCC Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

            8.6.3. South Africa

                8.6.3.1. South Africa Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                8.6.3.2. South Africa Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

            8.6.4. Rest of Middle East & Africa

                8.6.4.1. Rest of Middle East & Africa Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

                8.6.4.2. Rest of Middle East & Africa Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    9. Company Profiles

        9.1. Corbion NV

        9.2. Henan Jindan Lactic Acid Technology Co., Ltd.

        9.3. Galactic

        9.4. Jungbunzlauer Suisse AG

        9.5. Archer Daniels Midland Company

        9.6. Musashino Chemical Laboratory, Ltd.

        9.7. Futerro

        9.8. NatureWorks LLC

        9.9. Synbra Technology BV

        9.10. Teijin Ltd.

        9.11. Yancheng Hai Jianuo Biological Engineering Co., Ltd.

        9.12. Zhejiang Hisun Biomaterials Co., Ltd.

    10. Primary Research - Key Findings

    List of Tables

    TABLE 1: Global Lactic Acid Market Snapshot

    TABLE 2: Global Polylactic Acid Market Snapshot

    TABLE 3: Drivers for Lactic and Polylactic Acid Market: Impact Analysis

    TABLE 4: Restraints for Lactic and Polylactic Acid Market: Impact Analysis

    TABLE 5: North America Lactic Acid Market Volume, by End-user Segment, 2014-2023 (Kilo Tons)

    TABLE 6: North America Lactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

    TABLE 7: U.S. Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 8: U.S. Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 9: Rest of North America Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 10: Rest of North America Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 11: Europe Lactic Acid Market Volume, by End-user Segment, 2014-2023 (Kilo Tons)

    TABLE 12: Europe Lactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

    TABLE 13: France Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 14: France Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 15: Germany Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 16: Germany Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 17: Italy Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 18: Italy Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 19: Netherlands Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 20: Netherlands Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 21: U.K. Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 22: U.K. Lactic acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 23: Rest of Europe Lactic acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 24: Rest of Europe Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 25: Asia Pacific Lactic Acid Market Volume, by End-user Segment, 2014-2023 (Kilo Tons)

    TABLE 26: Asia Pacific Lactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

    TABLE 27: China Lactic Acid Market Volume, by End-user Segment, 2014-2023 (Tons)

    TABLE 28: China Lactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

    TABLE 29: Japan Lactic Acid Market Volume, by End-user Segment, 2014-2023 (Tons)

    TABLE 30: Japan Lactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

    TABLE 31: ASEAN Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 32: ASEAN Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 33: Rest of Asia Pacific Lactic Acid Market Volume, by End-user Segment, 2014-2023 (Tons)

    TABLE 34: Rest of Asia Pacific Lactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

    TABLE 35: Latin America Lactic Acid Market Volume, by End-user Segment, 2014-2023 (Kilo Tons)

    TABLE 36: Latin America Lactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

    TABLE 37: Brazil Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 38: Brazil Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 39: Rest of Latin America Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 40: Rest of Latin America Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 41: Middle East & Africa Lactic Acid Market Volume, by End-user, 2014-2023 (Kilo Tons)

    TABLE 42: Middle East & Africa Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 43: GCC Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 44: GCC Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 45: South Africa Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 46: South Africa Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 47: Rest of Middle East & Africa Lactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 48: Rest of Middle East & Africa Lactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 49: North America Polylactic Acid Market Volume, by End-user Segment, 2014-2023 (Kilo Tons)

    TABLE 50: North America Polylactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

    TABLE 51: U.S. Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 52: U.S. Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 53: Rest of North America Polylactic Acid Market Volume, by End-user, 2014 -– 2023 (Tons)

    TABLE 54: Rest of North America Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 55: Europe Polylactic Acid Market Volume, by End-user Segment, 2014-2023 (Kilo Tons)

    TABLE 56: Europe Polylactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

    TABLE 57: France Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 58: France Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 59: Germany Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 60: Germany Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 61: Italy Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 62: Italy Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 63: Netherlands Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 64: Netherlands Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 65: U.K. Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 66: U.K. Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 67: Rest of Europe Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 68: Rest of Europe Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 69: Asia Pacific Polylactic Acid Market Volume, by End-user Segment, 2014-2023 (Kilo Tons)

    TABLE 70: Asia Pacific Polylactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

    TABLE 71: China Polylactic Acid Market Volume, by End-user Segment, 2014-2023 (Tons)

    TABLE 72: China Polylactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

    TABLE 73: Japan Polylactic Acid Market Volume, by End-user Segment, 2014-2023 (Tons)

    TABLE 74: Japan Polylactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

    TABLE 75: ASEAN Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 76: ASEAN Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 77: Rest of Asia Pacific Polylactic Acid Market Volume, by End-user Segment, 2014-2023 (Tons)

    TABLE 78: Rest of Asia Pacific Polylactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

    TABLE 79: Latin America Polylactic Acid Market Volume, by End-user Segment, 2014-2023 (Kilo Tons)

    TABLE 80: Latin America Polylactic Acid Market Revenue, by End-user Segment, 2014-2023 (US$ Mn)

    TABLE 81: Brazil Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 82: Brazil Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 83: Rest of Latin America Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 84: Rest of Latin America Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 85: Middle East & Africa Polylactic Acid Market Volume, by End-user, 2014-2023 (Kilo Tons)

    TABLE 86: Middle East & Africa Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 87: GCC Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 88: GCC Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 89: South Africa Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 90: South Africa Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    TABLE 91: Rest of Middle East & Africa Polylactic Acid Market Volume, by End-user, 2014-2023 (Tons)

    TABLE 92: Rest of Middle East & Africa Polylactic Acid Market Revenue, by End-user, 2014-2023 (US$ Mn)

    List of Figures

    FIG. 1: Global Lactic Acid Market Segmentation, by End-user and Region

    FIG. 2: Global Polylactic Acid Market Segmentation, by End-user and Region

    FIG. 3: Global Lactic Acid Market, 2014-2023 (Kilo Tons) (US$ Mn)

    FIG. 4: Global Polylactic Acid Market, 2014-2023 (Kilo Tons) (US$ Mn)

    FIG. 5: Lactic and Polylactic Acid: Value Chain Analysis

    FIG. 6: Global Packaging Market Revenue, 2013-2023 (US$ Bn)

    FIG. 7: Global Bioplastics Market Volume, 2013-2023 (Kilo Tons)

    FIG. 8: Global Food Products Market Revenue, 2013-2023 (US$ Trillion)

    FIG. 9: Global Beverages Market Revenue, 2013-2023 (US$ Trillion)

    FIG. 10: Global Biomaterials Market Revenue, 2013-2023 (US$ Bn)

    FIG. 11: Cost Comparison of Polylactic Acid and Polyethylene, 2013-2023 (US$/Kg)

    FIG. 12: Prices of Various Raw materials for Lactic Acid, 2011-2023 (US$/Ton)

    FIG. 13: Porter’s Five Forces Analysis for Lactic Acid

    FIG. 14: Porter’s Five Forces Analysis for Polylactic Acid

    FIG. 15: Lactic Acid: Market Attractiveness Analysis

    FIG. 16: Polylactic Acid: Market Attractiveness Analysis

    FIG. 17: Global Lactic Acid Market Share, by Company, 2014

    FIG. 18: Global Polylactic Acid Market Share, by Company, 2014

    FIG. 19: Microbial Fermentation Process

    FIG. 20: Ring-opening Polymerization Method

    FIG. 21: Global Prices of Various Raw Materials, 2013-2023 (US$/Ton)

    FIG. 22: Global Lactic Acid Prices 2013-2023 (US$/Ton)

    FIG. 23: Global Polylactic Acid Prices 2013-2023 (US$/Ton)

    FIG. 24: Global Lactic Acid Market Volume Share, by End-users, 2014 and 2023

    FIG. 25: Global Lactic Acid Demand for Food & Beverage, 2014-2023 (Kilo Tons) (US$ Mn)

    FIG. 26: Global Lactic Acid Demand for Personal Care, 2014-2023 (Kilo Tons) (US$ Mn)

    FIG. 27: Global Lactic Acid Demand for Pharmaceutical, 2014-2023 (Kilo Tons) (US$ Mn)

    FIG. 28: Global Lactic Acid Demand for Biodegradable Plastics, 2014-2023 (Kilo Tons) (US$ Mn)

    FIG. 29: Global Lactic Acid Demand for Other End-users, 2014-2023 (Kilo Tons) (US$ Mn)

    FIG. 30: Global Lactic Acid Market Volume Share, by End-users, 2014 and 2023

    FIG. 31: Global Polylactic Acid Market Volume Share, by End-users, 2014 and 2023

    FIG. 32: Global Polylactic Acid Demand for Packaging, 2014-2023 (Kilo Tons) (US$ Mn)

    FIG. 33: Global Polylactic Acid Demand for Textiles, 2014-2023 (Kilo Tons) (US$ Mn)

    FIG. 34: Global Polylactic Acid Demand for Electronics, 2014-2023 (Kilo Tons) (US$ Mn)

    FIG. 35: Global Polylactic Acid Demand for Automotive, 2014-2023 (Kilo Tons) (US$ Mn)

    FIG. 36: Global Polylactic acid Demand for Biomedical, 2014-2023 (Kilo Tons) (US$ Mn)

    FIG. 37: Global Polylactic Acid Demand for Other End-users, 2014-2023 (Kilo Tons) (US$ Mn)

    FIG. 38: Global Polylactic Acid Market Volume Share, by End-users, 2014 and 2023

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Lactic Acid Market

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