Press release
Lactic Acid Poly Lactic Acid Market- Global Industry Analysis by 2020
Lactic acid are widely used in refined dairy products, preservative, flavoring, leather processing, textile dyeing, production of biodegradable polymers such as poly lactic acid (PLA), in plastics manufacturing, solvents, inks, and as a source of calcium lactate in pharmaceuticals industry.
Request sample:https://www.persistencemarketresearch.com/samples/3214
Lactic acid is also a major source for production of some of the other chemicals such as lactate esters, propylene oxide, propylene glycol, acrylic acid, propanoic acidacetaldehyde, 2,3-pentanedione, and dilactide.
On the basis of end user application global lactic acid market is broadly categorized in five broad categories namely, biodegradable polymers, food and beverages, pharmaceuticals, personal care product and other applications.
Poly lactic acid (PLA) is a biodegradable chemicals derived from high quality lactic acid (pure or refined lactic acid). It is one of the major sources of bio-resins use in bioplastics. The various application market of poly lactic acid (PLA) based plastic include, food and beverages packaging, consumer goods packaging, automobiles, agriculture, electronics, and textiles.
Biodegradable polymers market is one of the fasted growing markets of lactic acid which interns helping the growth of poly lactic acid (PLA) market. The demand for biodegradable polymers is mainly driven by the increasing demand of green, sustainable and biodegradable packaging materials from the food and beverages industry.
Rising petroleum prices, limiting petroleum resources and increasing land fill coupled with global concern over green house emission has resulted into some favorable policies and initiatives for bioplastics by the policy makers around the globe, which interns helping the overall market of poly lactic acid (PLA).
Request TOC:https://www.persistencemarketresearch.com/toc/3214
North America is the largest market for global lactic acid & poly lactic acid market owing to high concentration of allied industries of lactic acid in this region. It is then followed closely by Europe and Asia Pacific. The growth rate is highest in Asia Pacific region and it is expected that growth rate will remain in double digit throughout the forecasted period (2014-2020). Such high growth rate is attributed to the growing allied industries such as pharmaceuticals, food and beverages, dairy and agriculture in Asia Pacific.
The growth in Europe is mainly driven by the stringent environmental regulations imposed on the use of synthetic plastic materials for packaging.
Some of the major companies operating in global lactic acid and poly lactic acid (PLA) market include, BASF SE, Danimer Scientific LLC., Henan Jindan Lactic Acid Technology Co., Ltd., Synbra Technology B.V., The Dow Chemical Company, Corbion Purac, Galactic S.A., Natureworks LLC., Teijin Ltd., and Wei Mon Industry Co., Ltd.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach.
Contact Us
305 Broadway,7th Floor
New York City, NY 10007
United States
phone -16465687751
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Lactic Acid Poly Lactic Acid Market- Global Industry Analysis by 2020 here
News-ID: 1140453 • Views: …
More Releases from Persistence Market Research (PMR)
Virtual Desktop Infrastructure Market Unit Sales to Witness heightened Growth in …
As per findings of a new market research report by Persistence Market Research, the global virtual desktop infrastructure market reached a valuation of nearly US$ 3.5 Bn in 2019, and is anticipated to exhibit a CAGR of around 12% during the forecast period of 2020 to 2030.The adoption of BYOD allows employees to bring their own devices in the organization, which allows then to access company information and applications via virtual desktop infrastructure. With such a BYOD policy, both, employers…
Physician Scheduling Systems Market to Generate Profitable Avenues for Existing …
As per findings of a new market research report by Persistence Market Research, the global physician scheduling system market reached US$ 311 Mn in 2019 and is anticipated to exhibit a healthy CAGR of 14% during the forecast period of 2020 to 2030. Adoption of physician scheduling systems is increasing across the world, as physicians encounter difficulties with increasing administrative tasks and regulations, which affects their ability to offer patient care, and they struggle to sustain their practices. To combat administrative work…
Demand for Rfid Electronic Toll Collection System Market from Major End-use Sect …
Many toll collection systems have already been developed with RFID technology, which is used to verify the identity of vehicles. RFID technology can provide new capabilities as well as an efficient method to manage, analyze, and collect information of vehicles at toll plazas. RFID electronic toll collection lanes reduce the traffic at toll booths. Increasing number of RFID lane systems, resulting in increased demand for integration, support services, and maintenance,…
Smart Home Cloud Platform Market Unit Sales to Witness heightened Growth in the …
In a smart home, appliances such as ACs, TVs, geysers, and lights have the potential to communicate with a cloud server. The cloud server communicates with these smart devices by sending and receiving signals through smartphones, laptops, or voice-enabled digital assistant devices.A homeowner can make his/her existing home smart by integrating cloud-based technology with it. Cloud computing enables homeowners to remotely access their home appliances, even if they are miles…
More Releases for Lactic
Explore the Latest Innovations in Lactic Acid & Poly Lactic Acid Market Size!!
"The Lactic Acid & Poly Lactic Acid market study formulated by Up Market Research, presents a detailed analysis of the influential trends prevailing in this business sphere. This research report also offers definitive information concerning the commercialization of this vertical, market size, and revenue estimation of this industry. The study explicitly illustrates the competitive standing of key players over the projected timeline while incorporating their individual portfolios & geographical…
Lactic Acids
https://www.qandqmarketresearch.com/reports/7744730
Lactic acid has a systematic name that is 2hydroxypropionic acid, which is widely existed in nature. Lactic acid is formed when glucose is broken down for energy in the absence of sufficient oxygen.
The United States is the worlds largest consumer market. Its consumptions account for about 30% of the world.China became the worlds second consumer market after 2011, and its accounting for about 25% of the world.
With the continuous…
Lactic Acid Poly Lactic Acid Market to Exhibit Impressive Growth During 2020
Lactic acid (2-hydroxy propanoic acid) is a colorless or some time yellowish, odorless and hygroscopic, sugary and thick chemical liquid. It is generally soluble with other liquids such as water and ethanol. It is found in abundance in nature. It is the most important acid ingredient of acerbic milk and a typical component of animals’ blood and muscle tissue.
Lactic acid are widely used in refined dairy products, preservative, flavoring,…
Global Polylactic Acid Market (L-lactic, D-lactic & DL-lactic) 2017 to 2022
MarketResearchNest.com adds “Global (North America, Europe And Asia-Pacific, South America, Middle East And Africa) Polylactic Acid (PLA) Market 2017 Forecast To 2022” new reports to its research database. The report spread across 124 pages with tables and figures in it.
Polylactic acid (PLA) is an aliphatic polyester made up of lactic acid (2-hydroxy propionic acid) building blocks. It is also a biodegradable and compostable thermoplastic derived from renewable plant sources, such…
Lactic Acid Poly Lactic Acid Market to Rear Excessive Growth by 2020
Lactic acid (2-hydroxy propanoic acid) is a colorless or some time yellowish, odorless and hygroscopic, sugary and thick chemical liquid. It is generally soluble with other liquids such as water and ethanol. It is found in abundance in nature. It is the most important acid ingredient of acerbic milk and a typical component of animals’ blood and muscle tissue.
To access full report @ http://www.persistencemarketresearch.com/market-research/lactic-acid-poly-lactic-acid-market.asp
Lactic acid are widely used in refined…
Global Lactic Acid and Poly Lactic Acid Sales Industry Research Report 2022
Market Research Hub (MRH) has recently announced the addition of a fresh report, titled “Global Lactic Acid & Poly Lactic Acid Sales Market Report 2017” to its report offerings. The report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Lactic Acid & Poly Lactic Acid in these regions, from 2012 to 2022 (forecast).
Request Free Sample Report: http://www.marketresearchhub.com/enquiry.php?type=S&repid=1117509
The global Lactic Acid…
