According to a new country report published by Lucintel, the future of the polylactic acid market in the United States looks promising with opportunities in the packaging, bio-medical, textile, agriculture, and electronics end use industries. The polylactic acid market in the United States is primarily driven by increasing government regulation, environment friendly and better mechanical properties as compared to other biopolymers.
This report studies factors affecting the polylactic acid market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.
Among various growth areas, Lucintel forecasts that L-lactic product type is expected to remain the largest market and will witness highest growth during the forecast period due to its increasing usage in packaging, biomedical, textile, and agriculture industry. Within the polylactic acid market in the United States, packaging will remain the largest end use industry during the forecast period due to its biodegradable properties and favorable government policies. Lucintel predicts that the bio-medical end use is expected to witness the highest growth over the forecast period due its non-toxic and non-carcinogenic effects on human body.
Emerging trends, which have a direct impact on the dynamics of the polylactic acid industry, include development of high heat resistant polylactic acid and production of PLA from second generation feedstock.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the polylactic acid market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Polylactic Acid Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the polylactic acid market in the United States by end use, raw material, and product form, as follows:
Polylactic Acid Market by Product Type [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
• Poly(L-lactic) Acid
• Poly(D-lactic) Acid
• Poly(DL-lactic) Acid
Polylactic Acid Market by End Use [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
• Packaging
• Bio-medical
• Textile
• Agriculture
• Electronics
• Others
Polylactic Acid Market by Raw Material [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
• Corn Starch
• Sugarcane & Sugar Beet
• Cassava
• Others
Polylactic Acid Market by Product Form [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
• Film & Sheets
• Fiber
• Thermoforming
• Coating
• Others
This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/opportunities-for-the-polylactic-acid.aspx or write to us at helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com