Bio Polylactic Acid PLA Market Report 2025 (Global Edition)

Global Bio Polylactic Acid PLA Market Report 2025 Market Size Split by Technology (Sol-Gel, Atomic Layer Deposition, Multilayer), by End-use (Food & Beverages, Home & Personal Care, Medical & Pharmace...

Bio Polylactic Acid PLA Market Report Description

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Bio Polylactic Acid PLA Market Insights Video

Competitive Landscape of the Bio Polylactic Acid (PLA) Market

The market is fragmented due to the existence of multiple important competitors both globally and regionally. Some large firms are constantly striving to provide high-quality and innovative products by implementing cutting-edge manufacturing techniques. In addition, some important companies are implementing strategies such as mergers and acquisitions, infrastructure development and modification, city-wide manufacturing facility expansion, and R&D facility investment. These organizations are likewise looking for ways to connect vertically across the value chain

In October 2020, Futerro opened its first fully integrated PLA facility in China. The new lactic acid and PLA machines incorporate new proprietary technology for producing high-quality products at a reasonable price. The PLA unit has a total capacity of 30,000 tons per year, followed by the lactic acid unit, which has an overall capacity of 80,000 tons. (Source: https://www.futerro.com/news-media/futerro-launches-fully-integrated-pla-plant-china) In January 2022, Danimer Scientific, Inc. and TotalEnergies Corbion have agreed to enter into a long-term cooperation partnership for the supply of Luminy PLA, a bio-based polymer with roughly 20% recycled content, to improve resin manufacturing using blended PHA and PLA inputs. (Source: https://packagingeurope.com/news/danimer-signs-agreement-for-supply-of-total-corbion-polymer-with-recycled-content/7801.article)

Top Companies Market Share in Bio Polylactic Acid PLA Industry: (In no particular order of Rank)

• Xiamen Changsu Industries Co.
• Ltd.
• TotalEnergiesCorbion
• Tejin Limited
• Taghleef Industries Inc.
• Shandong Top Leader Plastic Packing Co.
• Ltd.
• Natureworks LLC
• Mondi Group
• Hubei HYF Packaging Co.
• Ltd
• Futerro
• Amcor plc
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Bio Polylactic Acid (PLA) Market

Which Region Dominates the Bio Polylactic Acid (PLA) Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. The region's expanding textile demand is likely to lead to higher polylactic acid consumption. Furthermore, the growing need for technical textiles due to their use in a wide range of applications, including agriculture, transportation, construction, and medicine, is likely to boost demand for polylactic acid over the forecast period..

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Bio Polylactic Acid (PLA) market due to rising food demand from an expanding population. This desire is being met by convenient food that is readily available at a lower cost. China is the world's leading manufacturer of packaging materials, which boosts domestic food packaging production and consumption.

The current report Scope analyzes Bio Polylactic Acid PLA Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Bio Polylactic Acid PLA Market

According to Cognitive Market Research, the global Bio Polylactic Acid (PLA) market size was estimated at USD 809.6 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 323.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 31.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Bio Polylactic Acid (PLA) market with a market size of USD 255.51 million in 2024 and is projected to grow at a CAGR of 31.5% during the forecast period. The US had a major share in the Bio Polylactic Acid (PLA) market due to factors such as a strong emphasis on sustainability.
• The Canada Bio Polylactic Acid (PLA) market had a market share of USD 38.86 million in 2024 and is projected to grow at a CAGR of 32.5% during the forecast period. Canada's advanced research and development capabilities.
• The Mexico Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 32.2% during the forecast period, with a market size of USD 29.47 million in 2024.

Europe Bio Polylactic Acid PLA Market

According to Cognitive Market Research, the global Bio Polylactic Acid (PLA) market size was estimated at USD 809.6 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 242.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 32.0% from 2024 to 2031.

• The United Kingdom's Bio Polylactic Acid (PLA) market had a market share of USD 40.80 million in 2024 and is projected to grow at a CAGR of 32.8% during the forecast period. In the UK, Bio Polylactic Acid (PLA) sales witness an upswing due to growing awareness and demand for sustainable.
• The France Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 31.2% during the forecast period, with a market size of USD 22.34 million in 2024.
• According to Cognitive Market Research, the German Bio Polylactic Acid (PLA) market size was valued at USD 48.09 million in 2024 and is projected to grow at a CAGR of 32.2% during the forecast period. In Germany, Bio Polylactic Acid (PLA) surged due to environmentally friendly materials in the market.
• The Italy Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 31.4% during the forecast period, with a market size of USD 20.89 million in 2024.
• The Russia Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 31.0% during the forecast period, with a market size of USD 37.65 million in 2024.
• The Spain Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 31.1% during the forecast period with a market size of USD 19.92 million in 2024
• The Luxembourg Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 32.1% during the forecast period, with a market size of USD 7.53 million in 2024.
• The Portugal Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 31.8% during the forecast period, with a market size of USD 5.10 million in 2024.
• The Greece Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 32.3% during the forecast period, with a market size of USD 2.91 million in 2024.
• Rest of Europe's Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 30.7% during the forecast period, with a market size of USD 37.65 million in 2024.

Asia Pacific Bio Polylactic Acid PLA Market

According to Cognitive Market Research, the global Bio Polylactic Acid (PLA) market size was estimated at USD 809.6 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 186.21 million in 2024 and will grow at a compound annual growth rate (CAGR) of 35.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Bio Polylactic Acid (PLA) market size was valued at USD 83.79 million in 2024 and is projected to grow at a CAGR of 35.0% during the forecast period. China’s rising demand for eco-friendly alternatives in various industries.
• The Japan Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 25.70 million in 2024.
• The India Bio Polylactic Acid (PLA) market had a market share of USD 22.34 million in 2024 and is projected to grow at a CAGR of 37.3% during the forecast period. India's increasing focus on sustainability
• The South Korean Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 34.6% during the forecast period, with a market size of USD 18.62 million in 2024.
• The Australian Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 35.2% during the forecast period, with a market size of USD 9.68 million in 2024.
• The South East Asia Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 36.5% during the forecast period, with a market size of USD 12.85 million in 2024.
• The Rest of Asia Pacific Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 35.3% during the forecast period, with a market size of USD 13.22 million in 2024.

South America Bio Polylactic Acid PLA Market

According to Cognitive Market Research, the global Bio Polylactic Acid (PLA) market size was estimated at USD 809.6 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 40.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 32.9% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil Bio Polylactic Acid (PLA) market size was valued at USD 17.33 million in 2024 and is projected to grow at a CAGR of 33.5% during the forecast period. Bio Polylactic Acid (PLA) flourished in Brazil due to due to the country's abundant access to sugarcane
• Argentina's Bio Polylactic Acid (PLA) market had a market share of USD 6.80 million in 2024 and is projected to grow at a CAGR of 33.8% during the forecast period. Argentina's growing emphasis on sustainable practices in the region.
• Colombia's Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 32.7% during the forecast period, with a market size of USD 3.60 million in 2024.
• Peru's Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 33.1% during the forecast period, with a market size of USD 3.32 million in 2024.
• Chile's Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 33.2% during the forecast period, with a market size of USD 2.91 million in 2024.
• The Rest of Latin America's Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 32.0% during the forecast period, with a market size of USD 6.52 million in 2024.

Middle East Bio Polylactic Acid PLA Market

According to Cognitive Market Research, the global Bio Polylactic Acid (PLA) market size was estimated at USD 809.6 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 16.19 million in 2024 and will grow at a compound annual growth rate (CAGR) of 33.2% from 2024 to 2031..

• The GCC Countries Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 34.0% during the forecast period, with a market size of USD 6.93 million in 2024. Bio Polylactic Acid (PLA) sales flourish due to the country's rich agricultural resources.
• The Egypt Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 33.5% during the forecast period, with a market size of USD 1.70 million in 2024.
• The South Africa Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 34.2% during the forecast period, with a market size of USD 2.56 million in 2024. Bio Polylactic Acid (PLA) sales flourish in South Africa due to increasing focus on sustainability.
• The Turkey Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 32.7% during the forecast period, with a market size of USD 1.39 million in 2024.
• The Nigeria Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 32.3% during the forecast period, with a market size of USD 1.70 million in 2024.
• The Rest of the MEA Bio Polylactic Acid (PLA) market is projected to witness growth at a CAGR of 32.2% during the forecast period, with a market size of USD 1.91 million in 2024.

Bio Polylactic Acid PLA Market Analysis

Bio Polylactic Acid (PLA) Market Technology Segment Analysis

According to Cognitive Market Research, the multilayer category dominated the market in 2023. Multilayer films are created through continuous lamination, which uses adhesive layers or heat to fuse the separate layers. Press lamination, which involves pressing layers of different films together at high temperatures and pressures, can also be used to make multilayer films. Laminates are among the most basic polymeric substrates, with a wide range of uses across sectors.

Atomic Layer Deposition is the fastest-growing segment in the Bio Polylactic Acid (PLA) Market. The market of Atomic Layer Deposition in PLA is majorly fuelled by the fact that it can control the deposition of thin films precisely for atomic layer deposition. Superior coating quality improved durability, and enhanced performance characteristics are some of the benefits accorded to PLA products due to this technology.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Bio Polylactic Acid PLA Industry. Request a Free Sample PDF!

Bio Polylactic Acid (PLA) Market End-use Segment Analysis

According to Cognitive Market Research, the food and beverage segment dominated the market in 2023. Polylactic acid (PLA) is a biomaterial with high mechanical strength and plasticity. It is non-toxic and compostable, making it suitable for use in the food and beverage industry, particularly for packaging. Because it is made from sustainable biomass, such as sugarcane and corn polysaccharides, it is appropriate for usage in industries to promote sustainable practices.

Medical & Pharmaceuticals is the fastest-growing segment of the Bio Polylactic Acid market. Increasing usage of biodegradable and biocompatible materials in the Medical and Pharmaceuticals segment has been driving the growth of PLA. Biocompatibility gives PLA a non-toxic nature; it has good compatibility with human tissues and is an excellent choice for medical devices, implants, drug delivery systems, and healthcare packaging. Moreover, the growing emphasis on sustainability and the shift towards eco-friendly materials in the medical and pharmaceutical industries support the demand for PLA.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

LinkedIn

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• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
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• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

Author's Conclusion