KEY FINDINGS
The North America polylactic acid market is estimated to evolve at a CAGR of 14.34% in terms of volume, and 12.42% in terms of revenue during the forecast period of 2019-2028. The development of the healthcare infrastructure is contributing remarkably to market growth in the region.
MARKET INSIGHTS
The North America polylactic acid market growth is surveyed through the countries of the United States and Canada. In Canada, the Polylactic acid market is primarily directed by the packaging and consumer goods sector. The market is anticipated to grow during the forecast period, due to government regulations on plastic products. Canadian cities, such as Montreal, Victoria, and Vancouver, have reduced the usage of plastic in the packaging sector. This has provided an opportunity for a rise in demand for polylactic acid in different applications. The Canadian federal government banned the sale of toothpaste, facial scrubs, and shower gels containing plastic microbeads in the consumer goods sector, effective from July 1, 2018. The small pieces of plastic, less than 5 mm in size, are used in toiletries as cleansers and exfoliants. These beads are dissoluble and are consumed by a variety of organisms when they finally reach into rivers, lakes, and oceans, and can be replaced by PLA. Furthermore, polylactic acid is increasingly used in the form of a blood pressure cuff shield in the healthcare sector. Moreover, the transportation industry is also viewing a steady growth rate, as Canada has a distinguished automotive supply sector consisting of the world's largest companies manufacturing auto parts. This will increase the consumption of polylactic acid, thereby encouraging market growth in the region.
REGIONAL INSIGHTS
Some of the well-known players operating in the market are Danimer Scientific, NatureWorks LLC, Dow Chemicals, Good natured Products Inc, Green Dot Bioplastics Inc, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
North America Polylactic Acid Market Forecast 2019-2028
Table of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates `
2.2. Market Overview
3. Market Dynamics
3.1. History Of Polylactic Acid
3.2. Market Definition
3.3. Key Drivers
3.3.1. Unstable Petroleum Prices And Lack Of Enough Sources
3.3.2. Favorable Government Support
3.3.3. Rising Environmental Concerns
3.4. Key Restraints
3.4.1. Poor Performance Compared To Conventional Plastics
3.4.2. Price Competitiveness From Conventional Polymers And Agricultural Fiber Alternatives
3.4.3. Need For Industrial Composting Units
4. Key Analytics
4.1. Key Investment Insights
4.2. Porter's Five Force Analysis
4.2.1. Buyer Power
4.2.2. Supplier Power
4.2.3. Substitution
4.2.4. New Entrants
4.2.5. Industry Rivalry
4.3. Opportunity Matrix
4.4. Vendor Landscape
4.5. Value Chain Analysis
4.5.1. Raw Material
4.5.2. Production
4.5.3. Retailer/Distributor
4.5.4. End-User
4.6. Key Buying Criteria
4.6.1. Price
4.6.2. Alternatives
4.6.3. Availability
4.6.4. End Of Life Effects
4.7. Regulatory Framework
5. Market By Product Form
5.1. Films And Sheets
5.2. Coatings
5.3. Fibers
5.4. Other Product Forms
6. Market By Application
6.1. Packaging
6.2. Agriculture
6.3. Electronics
6.4. Textiles
6.5. Medical
6.6. Automotive
6.7. Other Applications
7. Market By Raw Material
7.1. Corn
7.2. Sugarcane & Sugar Beet
7.3. Cassava
7.4. Other Raw Materials
8. Geographical Analysis
8.1. North America
8.1.1. United States
8.1.2. Canada
9. Company Profiles
9.1. Natureworks Llc
9.2. Basf
9.3. Mitsubishi Chemical Holding Corporation
9.4. Zhejiang Hisun Biomaterials Co Ltd
9.5. Futerro Sa
9.6. Synbra Holding Bv
9.7. Teijin Ltd
9.8. Dow Chemicals
9.9. Thyssenkrupp Ag
9.10. Danimer Scientific
9.11. Green Bioplastics
9.12. Innovia Films
9.13. Good Natured Products Inc
9.14. Total-Corbion Plc
List of Tables
Table 1: Market Snapshot - Polylactic Acid
Table 2: Legal, Policy & Regulatory Framework
Table 3: North America Polylactic Acid Market, By Product Form, Historical Years, 2016-2019 (In $ Million)
Table 4: North America Polylactic Acid Market, By Product Form, Forecast Years, 2019-2028 (In $ Million)
Table 5: North America Polylactic Acid Market, By Application, Historical Years, 2016-2019 (In $ Million)
Table 6: North America Polylactic Acid Market, By Application, Forecast Years, 2019-2028 (In $ Million)
Table 7: North America Polylactic Acid Market, By Application, Historical Years, 2016-2019 (In Kilo Metric Ton)
Table 8: North America Polylactic Acid Market, By Application, Forecast Years, 2019-2028 (In Kilo Metric Ton)
Table 9: North America Polylactic Acid Market, By Raw Material, Historical Years, 2016-2019 (In $ Million)
Table 10: North America Polylactic Acid Market, By Raw Material, Forecast Years, 2019-2028 (In $ Million)
Table 11: North America Polylactic Acid Market, By Country, Historical Years, 2016-2019 (In $ Million)
Table 12: North America Polylactic Acid Market, By Country, Forecast Years, 2019-2028 (In $ Million)
Table 13: North America Polylactic Acid Market, By Country, Historical Years, 2016-2019 (In Kilo Metric Ton)
Table 14: North America Polylactic Acid Market, By Country, Forecast Years, 2019-2028 (In Kilo Metric Ton)
List of Figures
Figure 1: Timeline Polylactic Acid
Figure 2: Key Investment Insights
Figure 3: Porter's Five Force Analysis
Figure 4: Opportunity Matrix
Figure 5: Vendor Landscape
Figure 6: Value Chain Analysis
Figure 7: Key Buying Criteria
Figure 8: North America Polylactic Acid Market, Growth Potential, By Product Form, In 2019
Figure 9: North America Polylactic Acid Market, By Films And Sheets, 2019-2028 (In $ Million)
Figure 10: North America Polylactic Acid Market, By Coatings, 2019-2028 (In $ Million)
Figure 11: North America Polylactic Acid Market, By Fibers, 2019-2028 (In $ Million)
Figure 12: North America Polylactic Acid Market, By Other Product Forms, 2019-2028 (In $ Million)
Figure 13: North America Polylactic Acid Market, Growth Potential, By Application, In 2019
Figure 14: North America Polylactic Acid Market, By Packaging, 2019-2028 (In $ Million)
Figure 15: North America Polylactic Acid Market, By Agriculture, 2019-2028 (In $ Million)
Figure 16: North America Polylactic Acid Market, By Electronics, 2019-2028 (In $ Million)
Figure 17: North America Polylactic Acid Market, By Textiles, 2019-2028 (In $ Million)
Figure 18: North America Polylactic Acid Market, By Medical, 2019-2028 (In $ Million)
Figure 19: North America Polylactic Acid Market, By Automotive, 2019-2028 (In $ Million)
Figure 20: North America Polylactic Acid Market, By Other Applications, 2019-2028 (In $ Million)
Figure 21: North America Polylactic Acid Market, Growth Potential, By Raw Material, In 2019
Figure 22: North America Polylactic Acid Market, By Corn, 2019-2028 (In $ Million)
Figure 23: North America Polylactic Acid Market, By Sugarcane & Sugar Beet, 2019-2028 (In $ Million)
Figure 24: North America Polylactic Acid Market, By Cassava, 2019-2028 (In $ Million)
Figure 25: North America Polylactic Acid Market, By Other Raw Materials, 2019-2028 (In $ Million)
Figure 26: North America Polylactic Acid Market, Regional Outlook, 2019 & 2028 (In %)
Figure 27: United States Polylactic Acid Market, 2019-2028 (In $ Million)
Figure 28: Canada Polylactic Acid Market, 2019-2028 (In $ Million)
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