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Lactic Acid & Poly Lactic Acid-Global Market Insights and Sales Trends 2025

Lactic Acid & Poly Lactic Acid-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1831867

No of Pages : 108

Synopsis
The global Lactic Acid & Poly Lactic Acid market size is expected to reach US$ 1896.4 million by 2029, growing at a CAGR of 3.8% from 2023 to 2029. The market is mainly driven by the significant applications of Lactic Acid & Poly Lactic Acid in various end use industries. The expanding demands from the Food and Beverages, Refined Dairy Products, Chemical Industry and Agriculture, are propelling Lactic Acid & Poly Lactic Acid market. Lactic Acid, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Poly Lactic Acid segment is estimated at % CAGR for the next seven-year period.
Biodegradability and Sustainability: Lactic acid and PLA are biodegradable and derived from renewable resources like cornstarch or sugarcane. The growing concern for environmental sustainability and the need for eco-friendly alternatives to traditional plastics have driven the demand for these materials.
Regulatory Support: Governments and regulatory bodies in many countries are implementing policies and regulations to reduce the use of non-biodegradable plastics and promote environmentally friendly alternatives. This regulatory support encourages the adoption of lactic acid and PLA-based products.
Consumer Awareness: Increased consumer awareness of environmental issues and a preference for sustainable products have led to a higher demand for biodegradable packaging, disposable items, and textiles made from PLA.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Lactic Acid & Poly Lactic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Lactic Acid & Poly Lactic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Lactic Acid & Poly Lactic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Lactic Acid & Poly Lactic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Lactic Acid & Poly Lactic Acid covered in this report include BASF, Danimer Scientific, Henan Jindan Lactic Acid Technology, Synbra Technology, The Dow Chemical, Corbion Purac, Galactic, Natureworks and Teijin, etc.
The global Lactic Acid & Poly Lactic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
Danimer Scientific
Henan Jindan Lactic Acid Technology
Synbra Technology
The Dow Chemical
Corbion Purac
Galactic
Natureworks
Teijin
Wei Mon Industry
Global Lactic Acid & Poly Lactic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Lactic Acid & Poly Lactic Acid market, Segment by Type:
Lactic Acid
Poly Lactic Acid
Global Lactic Acid & Poly Lactic Acid market, by Application
Food and Beverages
Refined Dairy Products
Chemical Industry
Agriculture
Electronics
Textiles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Lactic Acid & Poly Lactic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Lactic Acid & Poly Lactic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Lactic Acid & Poly Lactic Acid Market Overview
1.1 Lactic Acid & Poly Lactic Acid Product Overview
1.2 Lactic Acid & Poly Lactic Acid Market Segment by Type
1.2.1 Lactic Acid
1.2.2 Poly Lactic Acid
1.3 Global Lactic Acid & Poly Lactic Acid Market Size by Type
1.3.1 Global Lactic Acid & Poly Lactic Acid Market Size Overview by Type (2018-2029)
1.3.2 Global Lactic Acid & Poly Lactic Acid Historic Market Size Review by Type (2018-2023)
1.3.3 Global Lactic Acid & Poly Lactic Acid Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Lactic Acid & Poly Lactic Acid Sales Breakdown by Type (2018-2023)
1.4.2 Europe Lactic Acid & Poly Lactic Acid Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Lactic Acid & Poly Lactic Acid Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Lactic Acid & Poly Lactic Acid Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Lactic Acid & Poly Lactic Acid Sales Breakdown by Type (2018-2023)
2 Global Lactic Acid & Poly Lactic Acid Market Competition by Company
2.1 Global Top Players by Lactic Acid & Poly Lactic Acid Sales (2018-2023)
2.2 Global Top Players by Lactic Acid & Poly Lactic Acid Revenue (2018-2023)
2.3 Global Top Players by Lactic Acid & Poly Lactic Acid Price (2018-2023)
2.4 Global Top Manufacturers Lactic Acid & Poly Lactic Acid Manufacturing Base Distribution, Sales Area, Product Type
2.5 Lactic Acid & Poly Lactic Acid Market Competitive Situation and Trends
2.5.1 Lactic Acid & Poly Lactic Acid Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Lactic Acid & Poly Lactic Acid Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Lactic Acid & Poly Lactic Acid as of 2022)
2.7 Date of Key Manufacturers Enter into Lactic Acid & Poly Lactic Acid Market
2.8 Key Manufacturers Lactic Acid & Poly Lactic Acid Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Lactic Acid & Poly Lactic Acid Status and Outlook by Region
3.1 Global Lactic Acid & Poly Lactic Acid Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Lactic Acid & Poly Lactic Acid Historic Market Size by Region
3.2.1 Global Lactic Acid & Poly Lactic Acid Sales in Volume by Region (2018-2023)
3.2.2 Global Lactic Acid & Poly Lactic Acid Sales in Value by Region (2018-2023)
3.2.3 Global Lactic Acid & Poly Lactic Acid Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Lactic Acid & Poly Lactic Acid Forecasted Market Size by Region
3.3.1 Global Lactic Acid & Poly Lactic Acid Sales in Volume by Region (2024-2029)
3.3.2 Global Lactic Acid & Poly Lactic Acid Sales in Value by Region (2024-2029)
3.3.3 Global Lactic Acid & Poly Lactic Acid Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Lactic Acid & Poly Lactic Acid by Application
4.1 Lactic Acid & Poly Lactic Acid Market Segment by Application
4.1.1 Food and Beverages
4.1.2 Refined Dairy Products
4.1.3 Chemical Industry
4.1.4 Agriculture
4.1.5 Electronics
4.1.6 Textiles
4.2 Global Lactic Acid & Poly Lactic Acid Market Size by Application
4.2.1 Global Lactic Acid & Poly Lactic Acid Market Size Overview by Application (2018-2029)
4.2.2 Global Lactic Acid & Poly Lactic Acid Historic Market Size Review by Application (2018-2023)
4.2.3 Global Lactic Acid & Poly Lactic Acid Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Lactic Acid & Poly Lactic Acid Sales Breakdown by Application (2018-2023)
4.3.2 Europe Lactic Acid & Poly Lactic Acid Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Lactic Acid & Poly Lactic Acid Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Lactic Acid & Poly Lactic Acid Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Lactic Acid & Poly Lactic Acid Sales Breakdown by Application (2018-2023)
5 North America Lactic Acid & Poly Lactic Acid by Country
5.1 North America Lactic Acid & Poly Lactic Acid Historic Market Size by Country
5.1.1 North America Lactic Acid & Poly Lactic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Lactic Acid & Poly Lactic Acid Sales in Volume by Country (2018-2023)
5.1.3 North America Lactic Acid & Poly Lactic Acid Sales in Value by Country (2018-2023)
5.2 North America Lactic Acid & Poly Lactic Acid Forecasted Market Size by Country
5.2.1 North America Lactic Acid & Poly Lactic Acid Sales in Volume by Country (2024-2029)
5.2.2 North America Lactic Acid & Poly Lactic Acid Sales in Value by Country (2024-2029)
6 Europe Lactic Acid & Poly Lactic Acid by Country
6.1 Europe Lactic Acid & Poly Lactic Acid Historic Market Size by Country
6.1.1 Europe Lactic Acid & Poly Lactic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Lactic Acid & Poly Lactic Acid Sales in Volume by Country (2018-2023)
6.1.3 Europe Lactic Acid & Poly Lactic Acid Sales in Value by Country (2018-2023)
6.2 Europe Lactic Acid & Poly Lactic Acid Forecasted Market Size by Country
6.2.1 Europe Lactic Acid & Poly Lactic Acid Sales in Volume by Country (2024-2029)
6.2.2 Europe Lactic Acid & Poly Lactic Acid Sales in Value by Country (2024-2029)
7 Asia-Pacific Lactic Acid & Poly Lactic Acid by Region
7.1 Asia-Pacific Lactic Acid & Poly Lactic Acid Historic Market Size by Region
7.1.1 Asia-Pacific Lactic Acid & Poly Lactic Acid Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Lactic Acid & Poly Lactic Acid Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Lactic Acid & Poly Lactic Acid Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Lactic Acid & Poly Lactic Acid Forecasted Market Size by Region
7.2.1 Asia-Pacific Lactic Acid & Poly Lactic Acid Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Lactic Acid & Poly Lactic Acid Sales in Value by Region (2024-2029)
8 Latin America Lactic Acid & Poly Lactic Acid by Country
8.1 Latin America Lactic Acid & Poly Lactic Acid Historic Market Size by Country
8.1.1 Latin America Lactic Acid & Poly Lactic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Lactic Acid & Poly Lactic Acid Sales in Volume by Country (2018-2023)
8.1.3 Latin America Lactic Acid & Poly Lactic Acid Sales in Value by Country (2018-2023)
8.2 Latin America Lactic Acid & Poly Lactic Acid Forecasted Market Size by Country
8.2.1 Latin America Lactic Acid & Poly Lactic Acid Sales in Volume by Country (2024-2029)
8.2.2 Latin America Lactic Acid & Poly Lactic Acid Sales in Value by Country (2024-2029)
9 Middle East and Africa Lactic Acid & Poly Lactic Acid by Country
9.1 Middle East and Africa Lactic Acid & Poly Lactic Acid Historic Market Size by Country
9.1.1 Middle East and Africa Lactic Acid & Poly Lactic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Lactic Acid & Poly Lactic Acid Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Lactic Acid & Poly Lactic Acid Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Lactic Acid & Poly Lactic Acid Forecasted Market Size by Country
9.2.1 Middle East and Africa Lactic Acid & Poly Lactic Acid Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Lactic Acid & Poly Lactic Acid Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 BASF
10.1.1 BASF Company Information
10.1.2 BASF Introduction and Business Overview
10.1.3 BASF Lactic Acid & Poly Lactic Acid Sales, Revenue and Gross Margin (2018-2023)
10.1.4 BASF Lactic Acid & Poly Lactic Acid Products Offered
10.1.5 BASF Recent Development
10.2 Danimer Scientific
10.2.1 Danimer Scientific Company Information
10.2.2 Danimer Scientific Introduction and Business Overview
10.2.3 Danimer Scientific Lactic Acid & Poly Lactic Acid Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Danimer Scientific Lactic Acid & Poly Lactic Acid Products Offered
10.2.5 Danimer Scientific Recent Development
10.3 Henan Jindan Lactic Acid Technology
10.3.1 Henan Jindan Lactic Acid Technology Company Information
10.3.2 Henan Jindan Lactic Acid Technology Introduction and Business Overview
10.3.3 Henan Jindan Lactic Acid Technology Lactic Acid & Poly Lactic Acid Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Henan Jindan Lactic Acid Technology Lactic Acid & Poly Lactic Acid Products Offered
10.3.5 Henan Jindan Lactic Acid Technology Recent Development
10.4 Synbra Technology
10.4.1 Synbra Technology Company Information
10.4.2 Synbra Technology Introduction and Business Overview
10.4.3 Synbra Technology Lactic Acid & Poly Lactic Acid Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Synbra Technology Lactic Acid & Poly Lactic Acid Products Offered
10.4.5 Synbra Technology Recent Development
10.5 The Dow Chemical
10.5.1 The Dow Chemical Company Information
10.5.2 The Dow Chemical Introduction and Business Overview
10.5.3 The Dow Chemical Lactic Acid & Poly Lactic Acid Sales, Revenue and Gross Margin (2018-2023)
10.5.4 The Dow Chemical Lactic Acid & Poly Lactic Acid Products Offered
10.5.5 The Dow Chemical Recent Development
10.6 Corbion Purac
10.6.1 Corbion Purac Company Information
10.6.2 Corbion Purac Introduction and Business Overview
10.6.3 Corbion Purac Lactic Acid & Poly Lactic Acid Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Corbion Purac Lactic Acid & Poly Lactic Acid Products Offered
10.6.5 Corbion Purac Recent Development
10.7 Galactic
10.7.1 Galactic Company Information
10.7.2 Galactic Introduction and Business Overview
10.7.3 Galactic Lactic Acid & Poly Lactic Acid Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Galactic Lactic Acid & Poly Lactic Acid Products Offered
10.7.5 Galactic Recent Development
10.8 Natureworks
10.8.1 Natureworks Company Information
10.8.2 Natureworks Introduction and Business Overview
10.8.3 Natureworks Lactic Acid & Poly Lactic Acid Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Natureworks Lactic Acid & Poly Lactic Acid Products Offered
10.8.5 Natureworks Recent Development
10.9 Teijin
10.9.1 Teijin Company Information
10.9.2 Teijin Introduction and Business Overview
10.9.3 Teijin Lactic Acid & Poly Lactic Acid Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Teijin Lactic Acid & Poly Lactic Acid Products Offered
10.9.5 Teijin Recent Development
10.10 Wei Mon Industry
10.10.1 Wei Mon Industry Company Information
10.10.2 Wei Mon Industry Introduction and Business Overview
10.10.3 Wei Mon Industry Lactic Acid & Poly Lactic Acid Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Wei Mon Industry Lactic Acid & Poly Lactic Acid Products Offered
10.10.5 Wei Mon Industry Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Lactic Acid & Poly Lactic Acid Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Lactic Acid & Poly Lactic Acid Industrial Chain Analysis
11.4 Lactic Acid & Poly Lactic Acid Market Dynamics
11.4.1 Lactic Acid & Poly Lactic Acid Industry Trends
11.4.2 Lactic Acid & Poly Lactic Acid Market Drivers
11.4.3 Lactic Acid & Poly Lactic Acid Market Challenges
11.4.4 Lactic Acid & Poly Lactic Acid Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Lactic Acid & Poly Lactic Acid Distributors
12.3 Lactic Acid & Poly Lactic Acid Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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