GVR Report cover Polylactic Acid Market Size, Share & Trends Report

Polylactic Acid Market Size, Share & Trends Analysis Report By End-use (Packaging, Textile, Agriculture, Automotive & Transport, Electronics), By Region (North America, APAC, Europe), And Segment Forecasts, 2021 - 2028

  • Published Date: Mar, 2021
  • Base Year for Estimate: 2020
  • Report ID: GVR-2-68038-669-1
  • Format: Electronic (PDF)
  • Historical Data: 2017 - 2019
  • Number of Pages: 130

Report Overview

The global polylactic acid market size was valued at USD 525.47 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 18.1% from 2021 to 2028. The demand for the product is mainly driven by the end-use industries, such as agriculture, transport, textile, and packaging. Moreover, lesser carbon emissions produced by polylactic acid (PLA) than conventional plastics are significantly boosting its demand across the globe. Moreover, rising product demand from flexible packaging is fueling the market growth. The increasing need for packaged foods, snacks, Ready-to-Eat (RTE) meals, and other foods is substantially propelling the growth of the packaging industry. Thus, the rapidly growing packaging industry is further anticipated to generate demand for PLA during the forecast period.

The U.S. PLA market size, by end-use, 2017 - 2028 (USD Million)

Polylactic acid is mainly utilized for the production of microwaveable containers, such as disposable cutlery and food containers. The beneficial properties of packaging containers, such as aesthetic appeal, better printability, and resistance to grease & oil, are boosting the demand for PLA in the formulation of packaging solutions for food products globally.

The product is used in the manufacturing of components used in the automotive sector, in applications such as interior parts and under-the-hood components. This product is known for reducing the carbon footprint owing to its high bio content. It offers numerous properties, such as better impact and UV resistance, high gloss, and dimensional stability.

These factors make it an ideal alternative to most of the traditional plastics, such as Polyethylene Terephthalate (PET), Polycarbonate (PC), Polybutylene Terephthalate (PBT), Acrylonitrile Butadiene Styrene (ABS), and polyamide used in automotive engine compartments and interiors.

End-use Insights

The packaging end-use segment accounted for the largest revenue share of over 36% in 2020, owing to the wide utilization of PLA in the manufacturing of bottles, jars, and containers, as well as in fresh food packaging solutions. The inclination of consumers towards sustainable packaging and rising environmental concerns across the globe are compelling manufacturers to use the product in various packaging solutions.

The packaging industry is one of the major consumers of PLA, especially in the food packaging sector. PLA plastic bottles are durable, disposable, and possess properties such as transparency and gloss. In addition, a strict ban on single-use plastics in many countries, such as the U.K., Zimbabwe, New Zealand, Taiwan, and several states of the U.S. (such as Hawaii, New York, and California), is significantly driving the product demand in the packaging end-use segment.

Global PLA market share, by end-use, 2020 (%)

Moreover, PLA can be easily composted as compared to petroleum-based products and does not emit toxic gases on incineration; thus, its demand in this application area is expected to remain strong over the forecast period. Bioplastic packaging, including rigid packaging and loose-fill packaging, has witnessed considerable regulatory support on account of the need for reducing Greenhouse Gas (GHG) emissions.

Textile is another important sector having high market penetration and a high growth rate as PLA helps in manufacturing smooth fabrics. In addition, PLA provides excellent moisture resistance, drapability, breathability, and durability. These benefits are anticipated to propel its demand in the global textile industry over the forecast period.

Regional Insights

North America accounted for the largest revenue share of over 42% in 2020. This large share is attributed to the high demand for bioplastics, which is one of the largest markets for PLA. Moreover, several initiatives promoting environmentally-friendly products by the regional government are supporting market growth.

Asia Pacific is expected to be the fastest-growing regional market from 2021 to 2028, owing to factors such as increasing demand for PLA from key end-use sectors (automobile, electronics, textile, appliance, and medical) of developing countries like Indonesia and Malaysia, fluctuating petroleum prices, and lack of resources for fossil fuels.

China led the Asia Pacific regional market in 2020. Furthermore, the richness of biomass, research-driven resources, strong downstream industry demand, material supply, and supporting government policies have created significant business opportunities for bioplastic in Thailand. This factor is also likely to drive the regional market of APAC over the forecast years. Moreover, the rapidly expanding food & beverage sector, particularly in India and China, is augmenting the market growth.

Increasing demand for packaged foods along with rising disposable income levels is estimated to propel the demand for flexible packaging over the forecast period. Europe is estimated to witness significant growth due to the robust growth of the healthcare sector, which has triggered the demand for pharmaceuticals, thereby positively influencing the demand for flexible packaging.

Key Companies & Market Share Insights

The companies in the market compete on the basis of the quality of the products offered and raw materials & technology advancements used in the manufacturing process. For instance, NatureWorks LLC, one of the leading PLA manufacturers, is assessing the latest technology to skip feedstock derived from plants and instead use microorganisms to directly convert GHG into lactic acid for PLA production.

The companies in the market are involved in new product development and partnerships to cater to a wide range of customers across the globe. For instance, in March 2019, NatureWorks LLC introduced Ingeo 3D450, a new formulation for use in dual extrusion 3D printers, that is designed to work with grades 3D850 and 3D870 of the Ingeo 3D series and developed for the professional printing market.

Companies are also focusing on expanding their global footprints in an attempt to increase their market shares. They are establishing production facilities in emerging markets of Asia Pacific owing to the easy availability of low-cost labor and close proximity to raw material suppliers. For instance, in 2019, Futerro expanded its geographical presence and built a lactic acid and PLA plant in China. Some of the key companies in the global polylactic acid market include:

  • Total Corbion PLA

  • NatureWorks LLC


  • Futerro

  • Jiangxi Keyuan Bio-Material Co., Ltd.

  • Zhejiang Hisun Biomaterials Co., Ltd.

  • Shanghai Tong-Jie-Liang Biomaterials Co., Ltd.

Polylactic Acid Market Report Scope

Report Attribute


Market size value in 2021

USD 566.71 million

Revenue forecast in 2028

USD 1,821.03 million

Growth Rate

CAGR of 18.1% from 2021 to 2028 (Revenue-based)

Base year for estimation


Historical data

2017 - 2019

Forecast period

2021 - 2028

Quantitative units

Volume in tons, revenue in USD thousand/ million/billion, and CAGR from 2021 to 2028

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

End-use, region

Regional scope

North America; Europe; Asia Pacific; Central & South America; MEA

Country scope

U.S.; Canada; Mexico; U.K.; Germany; France; Italy; The Netherlands; China; India; Japan; Indonesia; Malaysia; Philippines; Brazil

Key companies profiled

Total Corbion PLA; NatureWorks LLC; COFCO; Futerro; Jiangxi Keyuan Bio-Material Co., Ltd.; Zhejiang Hisun Biomaterials Co., Ltd.; Shanghai Tong-Jie-Liang Biomaterials Co., Ltd.

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

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Avail customized purchase options to meet your exact research needs. Explore purchase options

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2028. For the purpose of this study, Grand View Research has segmented the global polylactic acid market report on the basis of end-use and region:

  • End-use Outlook (Volume, Tons; Revenue, USD Thousand, 2017 - 2028)

    • Packaging

    • Agriculture

    • Automotive & Transport

    • Electronics

    • Textile

    • Others

  • Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2017 - 2028)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • U.K.

      • France

      • Italy

      • The Netherlands

    • Asia Pacific

      • China

      • India

      • Japan

      • Indonesia

      • Malaysia

      • Philippines

    • Central & South America

      • Brazil

    • Middle East & Africa

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