Global Polylactic Acid (PLA) Market Growth 2025-2031

Publication ID:

LPI07251505

Publication Date:

July 2, 2025

Pages:

108

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturing (Chemicals) [2]

Chemicals [3]

Description:

The global Polylactic Acid (PLA) market size is predicted to grow from US$ 1182 million in 2025 to US$ 1469 million in 2031; it is expected to grow at a CAGR of 3.7% from 2025 to 2031.
PLA, or polylactic acid, can be produced from any fermentable sugar. Most PLA is made from corn because corn is one of the cheapest and most available sugars globally. However, sugarcane, tapioca root, cassava, and sugar beet pulp are other options.
The increasing global focus on sustainability, environmental regulations, and consumer preferences for eco-friendly products is a major driver for PLA demand. PLA is biodegradable, compostable, and derived from renewable sources (like corn starch or sugarcane), positioning it as an alternative to traditional petroleum-based plastics. Many governments are introducing stringent regulations to reduce plastic waste, promoting the use of biodegradable materials like PLA. For instance, bans on single-use plastics and incentives for using bio-based materials help fuel PLA market growth.
The packaging industry is one of the largest consumers of PLA due to its biodegradability and compostability. Food packaging, in particular, benefits from PLA's properties, aligning with increasing consumer demand for sustainable packaging in retail and food service sectors.
Advancements in production technologies are lowering the costs and improving the mechanical properties of PLA, making it competitive with conventional plastics in various applications. Continuous R&D into enhanced PLA blends and composites is expanding its use in more demanding applications.
Currently, the biggest technical barrier for the polylactic acid industry is the production of lactide. Impacted by the supply of lactide, Chinese polylactic acid manufacturers can't release production capacity quickly.
The 鈥淧olylactic Acid (PLA) Industry Forecast鈥� looks at past sales and reviews total world Polylactic Acid (PLA) sales in 2024, providing a comprehensive analysis by region and market sector of projected Polylactic Acid (PLA) sales for 2025 through 2031. With Polylactic Acid (PLA) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Polylactic Acid (PLA) industry.
This Insight Report provides a comprehensive analysis of the global Polylactic Acid (PLA) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Polylactic Acid (PLA) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Polylactic Acid (PLA) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Polylactic Acid (PLA) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Polylactic Acid (PLA).
This report presents a comprehensive overview, market shares, and growth opportunities of Polylactic Acid (PLA) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Injection Molding Grade PLA
Film Grade PLA
Sheet Grade PLA
Fiber Grade PLA
Segmentation by Application:
Tableware and Utensils
Food and Beverage Packaging
Electronics and Electrical Appliances
Medical Care
3D Printing Consumables
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
NatureWorks
Total Corbion
BEWiSynbra
Toray
Futerro
Sulzer
Unitika
Zhejiang Hisun Biomaterials
Shanghai Tong-Jie-Liang
Anhui BBCA Biochemical
COFCO Biotechnology
PLIITH Biotechnology
Key Questions Addressed in this Report
What is the 10-year outlook for the global Polylactic Acid (PLA) market?
What factors are driving Polylactic Acid (PLA) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Polylactic Acid (PLA) market opportunities vary by end market size?
How does Polylactic Acid (PLA) break out by Type, by Application?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Polylactic Acid (PLA) Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Polylactic Acid (PLA) by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Polylactic Acid (PLA) by Country/Region, 2020, 2024 & 2031
2.2 Polylactic Acid (PLA) Segment by Type
2.2.1 Injection Molding Grade PLA
2.2.2 Film Grade PLA
2.2.3 Sheet Grade PLA
2.2.4 Fiber Grade PLA
2.3 Polylactic Acid (PLA) Sales by Type
2.3.1 Global Polylactic Acid (PLA) Sales Market Share by Type (2020-2025)
2.3.2 Global Polylactic Acid (PLA) Revenue and Market Share by Type (2020-2025)
2.3.3 Global Polylactic Acid (PLA) Sale Price by Type (2020-2025)
2.4 Polylactic Acid (PLA) Segment by Application
2.4.1 Tableware and Utensils
2.4.2 Food and Beverage Packaging
2.4.3 Electronics and Electrical Appliances
2.4.4 Medical Care
2.4.5 3D Printing Consumables
2.4.6 Other
2.5 Polylactic Acid (PLA) Sales by Application
2.5.1 Global Polylactic Acid (PLA) Sale Market Share by Application (2020-2025)
2.5.2 Global Polylactic Acid (PLA) Revenue and Market Share by Application (2020-2025)
2.5.3 Global Polylactic Acid (PLA) Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Polylactic Acid (PLA) Breakdown Data by Company
3.1.1 Global Polylactic Acid (PLA) Annual Sales by Company (2020-2025)
3.1.2 Global Polylactic Acid (PLA) Sales Market Share by Company (2020-2025)
3.2 Global Polylactic Acid (PLA) Annual Revenue by Company (2020-2025)
3.2.1 Global Polylactic Acid (PLA) Revenue by Company (2020-2025)
3.2.2 Global Polylactic Acid (PLA) Revenue Market Share by Company (2020-2025)
3.3 Global Polylactic Acid (PLA) Sale Price by Company
3.4 Key Manufacturers Polylactic Acid (PLA) Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Polylactic Acid (PLA) Product Location Distribution
3.4.2 Players Polylactic Acid (PLA) Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Polylactic Acid (PLA) by Geographic Region
4.1 World Historic Polylactic Acid (PLA) Market Size by Geographic Region (2020-2025)
4.1.1 Global Polylactic Acid (PLA) Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Polylactic Acid (PLA) Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Polylactic Acid (PLA) Market Size by Country/Region (2020-2025)
4.2.1 Global Polylactic Acid (PLA) Annual Sales by Country/Region (2020-2025)
4.2.2 Global Polylactic Acid (PLA) Annual Revenue by Country/Region (2020-2025)
4.3 Americas Polylactic Acid (PLA) Sales Growth
4.4 APAC Polylactic Acid (PLA) Sales Growth
4.5 Europe Polylactic Acid (PLA) Sales Growth
4.6 Middle East & Africa Polylactic Acid (PLA) Sales Growth
5 Americas
5.1 Americas Polylactic Acid (PLA) Sales by Country
5.1.1 Americas Polylactic Acid (PLA) Sales by Country (2020-2025)
5.1.2 Americas Polylactic Acid (PLA) Revenue by Country (2020-2025)
5.2 Americas Polylactic Acid (PLA) Sales by Type (2020-2025)
5.3 Americas Polylactic Acid (PLA) Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Polylactic Acid (PLA) Sales by Region
6.1.1 APAC Polylactic Acid (PLA) Sales by Region (2020-2025)
6.1.2 APAC Polylactic Acid (PLA) Revenue by Region (2020-2025)
6.2 APAC Polylactic Acid (PLA) Sales by Type (2020-2025)
6.3 APAC Polylactic Acid (PLA) Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Polylactic Acid (PLA) by Country
7.1.1 Europe Polylactic Acid (PLA) Sales by Country (2020-2025)
7.1.2 Europe Polylactic Acid (PLA) Revenue by Country (2020-2025)
7.2 Europe Polylactic Acid (PLA) Sales by Type (2020-2025)
7.3 Europe Polylactic Acid (PLA) Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Polylactic Acid (PLA) by Country
8.1.1 Middle East & Africa Polylactic Acid (PLA) Sales by Country (2020-2025)
8.1.2 Middle East & Africa Polylactic Acid (PLA) Revenue by Country (2020-2025)
8.2 Middle East & Africa Polylactic Acid (PLA) Sales by Type (2020-2025)
8.3 Middle East & Africa Polylactic Acid (PLA) Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Polylactic Acid (PLA)
10.3 Manufacturing Process Analysis of Polylactic Acid (PLA)
10.4 Industry Chain Structure of Polylactic Acid (PLA)
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Polylactic Acid (PLA) Distributors
11.3 Polylactic Acid (PLA) Customer
12 World Forecast Review for Polylactic Acid (PLA) by Geographic Region
12.1 Global Polylactic Acid (PLA) Market Size Forecast by Region
12.1.1 Global Polylactic Acid (PLA) Forecast by Region (2026-2031)
12.1.2 Global Polylactic Acid (PLA) Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Polylactic Acid (PLA) Forecast by Type (2026-2031)
12.7 Global Polylactic Acid (PLA) Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 NatureWorks
13.1.1 NatureWorks Company Information
13.1.2 NatureWorks Polylactic Acid (PLA) Product Portfolios and Specifications
13.1.3 NatureWorks Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 NatureWorks Main Business Overview
13.1.5 NatureWorks Latest Developments
13.2 Total Corbion
13.2.1 Total Corbion Company Information
13.2.2 Total Corbion Polylactic Acid (PLA) Product Portfolios and Specifications
13.2.3 Total Corbion Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Total Corbion Main Business Overview
13.2.5 Total Corbion Latest Developments
13.3 BEWiSynbra
13.3.1 BEWiSynbra Company Information
13.3.2 BEWiSynbra Polylactic Acid (PLA) Product Portfolios and Specifications
13.3.3 BEWiSynbra Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 BEWiSynbra Main Business Overview
13.3.5 BEWiSynbra Latest Developments
13.4 Toray
13.4.1 Toray Company Information
13.4.2 Toray Polylactic Acid (PLA) Product Portfolios and Specifications
13.4.3 Toray Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Toray Main Business Overview
13.4.5 Toray Latest Developments
13.5 Futerro
13.5.1 Futerro Company Information
13.5.2 Futerro Polylactic Acid (PLA) Product Portfolios and Specifications
13.5.3 Futerro Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Futerro Main Business Overview
13.5.5 Futerro Latest Developments
13.6 Sulzer
13.6.1 Sulzer Company Information
13.6.2 Sulzer Polylactic Acid (PLA) Product Portfolios and Specifications
13.6.3 Sulzer Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Sulzer Main Business Overview
13.6.5 Sulzer Latest Developments
13.7 Unitika
13.7.1 Unitika Company Information
13.7.2 Unitika Polylactic Acid (PLA) Product Portfolios and Specifications
13.7.3 Unitika Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Unitika Main Business Overview
13.7.5 Unitika Latest Developments
13.8 Zhejiang Hisun Biomaterials
13.8.1 Zhejiang Hisun Biomaterials Company Information
13.8.2 Zhejiang Hisun Biomaterials Polylactic Acid (PLA) Product Portfolios and Specifications
13.8.3 Zhejiang Hisun Biomaterials Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Zhejiang Hisun Biomaterials Main Business Overview
13.8.5 Zhejiang Hisun Biomaterials Latest Developments
13.9 Shanghai Tong-Jie-Liang
13.9.1 Shanghai Tong-Jie-Liang Company Information
13.9.2 Shanghai Tong-Jie-Liang Polylactic Acid (PLA) Product Portfolios and Specifications
13.9.3 Shanghai Tong-Jie-Liang Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Shanghai Tong-Jie-Liang Main Business Overview
13.9.5 Shanghai Tong-Jie-Liang Latest Developments
13.10 Anhui BBCA Biochemical
13.10.1 Anhui BBCA Biochemical Company Information
13.10.2 Anhui BBCA Biochemical Polylactic Acid (PLA) Product Portfolios and Specifications
13.10.3 Anhui BBCA Biochemical Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Anhui BBCA Biochemical Main Business Overview
13.10.5 Anhui BBCA Biochemical Latest Developments
13.11 COFCO Biotechnology
13.11.1 COFCO Biotechnology Company Information
13.11.2 COFCO Biotechnology Polylactic Acid (PLA) Product Portfolios and Specifications
13.11.3 COFCO Biotechnology Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 COFCO Biotechnology Main Business Overview
13.11.5 COFCO Biotechnology Latest Developments
13.12 PLIITH Biotechnology
13.12.1 PLIITH Biotechnology Company Information
13.12.2 PLIITH Biotechnology Polylactic Acid (PLA) Product Portfolios and Specifications
13.12.3 PLIITH Biotechnology Polylactic Acid (PLA) Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 PLIITH Biotechnology Main Business Overview
13.12.5 PLIITH Biotechnology Latest Developments
14 Research Findings and Conclusion

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