MARKET RESEARCH

A growing number of players are capitalizing on the opportunities arising out of the substantial popularity of biodegradable plastics and bioplastics where lactic acid and polylactic acid are used as raw materials for their production. Some of the leading players in the  global lactic acid and polylactic acid market  are Futerro SA, Teijin Ltd., Zhejiang Hisun Biomaterials Co., Ltd., Synbra Technology BV, Archer Daniels Midland Company, Henan Jindan Lactic Acid Technology Co., Ltd., NatureWorks LLC, and Corbion NV., notes Transparency Market Research (TMR). The global lactic acid market stood at US$1,130.4 Mn in 2014 and is estimated to reach US$3,381.8 Mn by the end of 2023. This represents the market to rise at robust CAGR of 13.0% during 2015–2023. On the other hand, the global polylactic acid market stood at US$400.1 Mn in 2014 and is projected to reach a worth of US$1,358.1 Mn by 2023 end. This market is projected to proliferate at a CAGR of 14.6% during the same fore...

A growing number of players are capitalizing on the opportunities arising out of the substantial popularity of biodegradable plastics and bioplastics where lactic acid and polylactic acid are used as raw materials for their production. Some of the leading players in the  global lactic acid and polylactic acid market  are Futerro SA, Teijin Ltd., Zhejiang Hisun Biomaterials Co., Ltd., Synbra Technology BV, Archer Daniels Midland Company, Henan Jindan Lactic Acid Technology Co., Ltd., NatureWorks LLC, and Corbion NV., notes Transparency Market Research (TMR). The global lactic acid market stood at US$1,130.4 Mn in 2014 and is estimated to reach US$3,381.8 Mn by the end of 2023. This represents the market to rise at robust CAGR of 13.0% during 2015–2023. On the other hand, the global polylactic acid market stood at US$400.1 Mn in 2014 and is projected to reach a worth of US$1,358.1 Mn by 2023 end. This market is projected to proliferate at a CAGR of 14.6% during the same fore...

A growing number of players are capitalizing on the opportunities arising out of the substantial popularity of biodegradable plastics and bioplastics where lactic acid and polylactic acid are used as raw materials for their production. Some of the leading players in the  global lactic acid and polylactic acid market  are Futerro SA, Teijin Ltd., Zhejiang Hisun Biomaterials Co., Ltd., Synbra Technology BV, Archer Daniels Midland Company, Henan Jindan Lactic Acid Technology Co., Ltd., NatureWorks LLC, and Corbion NV., notes Transparency Market Research (TMR). The global lactic acid market stood at US$1,130.4 Mn in 2014 and is estimated to reach US$3,381.8 Mn by the end of 2023. This represents the market to rise at robust CAGR of 13.0% during 2015–2023. On the other hand, the global polylactic acid market stood at US$400.1 Mn in 2014 and is projected to reach a worth of US$1,358.1 Mn by 2023 end. This market is projected to proliferate at a CAGR of 14.6% during the same fo...

A growing number of players are capitalizing on the opportunities arising out of the substantial popularity of biodegradable plastics and bioplastics where lactic acid and polylactic acid are used as raw materials for their production. Some of the leading players in the  global lactic acid and polylactic acid market  are Futerro SA, Teijin Ltd., Zhejiang Hisun Biomaterials Co., Ltd., Synbra Technology BV, Archer Daniels Midland Company, Henan Jindan Lactic Acid Technology Co., Ltd., NatureWorks LLC, and Corbion NV., notes Transparency Market Research (TMR). The global lactic acid market stood at US$1,130.4 Mn in 2014 and is estimated to reach US$3,381.8 Mn by the end of 2023. This represents the market to rise at robust CAGR of 13.0% during 2015–2023. On the other hand, the global polylactic acid market stood at US$400.1 Mn in 2014 and is projected to reach a worth of US$1,358.1 Mn by 2023 end. This market is projected to proliferate at a CAGR of 14.6% during the same fo...