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The Europe polylactic acid (PLA) market attained a value of about USD 512.26 million in 2023 and expected to grow in the forecast period of 2024-2032 at a CAGR of 12.2% to reach nearly USD 1,035.78 million by 2032.
Europe Polylactic Acid (PLA) Market Size
Europe Polylactic Acid (PLA) Market Growth
Europe Polylactic Acid (PLA) Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Europe
7 Opportunities and Challenges in the Market
8 Europe Polylactic Acid (PLA) Market Analysis
8.1 Key Industry Highlights
8.2 Europe Polylactic Acid (PLA) Historical Market (2018-2023)
8.3 Europe Polylactic Acid (PLA) Market Forecast (2024-2032)
8.4 Europe Polylactic Acid (PLA) Market by Type
8.4.1 PLLA (Poly-L-lactic Acid)
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 PDLA (Poly-D-lactic Acid)
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 PDLLA (Poly-DL-lactic Acid)
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Europe Polylactic Acid (PLA) Market by Application
8.5.1 Packaging
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Agriculture
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Textile
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Biomedical
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Electronics
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Europe Polylactic Acid (PLA) Market by Country
8.6.1 Germany
8.6.2 United Kingdom
8.6.3 France
8.6.4 Italy
8.6.5 Spain
8.6.6 Others
9 Regional Analysis
9.1 Germany
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 United Kingdom
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 France
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Italy
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Spain
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
10 Trade Data Analysis
10.1 Major Exporting Countries
10.1.1 By Value
10.1.2 By Volume
10.2 Major Importing Countries
10.2.1 By Value
10.2.2 By Volume
11 Price Analysis
11.1 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
12 Value Chain Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 NatureWorks LLC
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Total Corbion PLA
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Futerro S.A.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certification
13.2.4 BIOTEC GmbH & Co.KG
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certification
13.2.5 Evonik Industries AG
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certification
13.2.6 Others
14 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Europe Polylactic Acid (PLA) Market: Key Industry Highlights, 2017 and 2027
2. Europe Polylactic Acid (PLA) Historical Market: Breakup by Type (USD Million), 2018-2023
3. Europe Polylactic Acid (PLA) Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Europe Polylactic Acid (PLA) Historical Market: Breakup by Application (USD Million), 2018-2023
5. Europe Polylactic Acid (PLA) Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Europe Polylactic Acid (PLA) Historical Market: Breakup by Country (USD Million), 2018-2023
7. Europe Polylactic Acid (PLA) Market Forecast: Breakup by Country (USD Million), 2024-2032
8. Major Exporting Countries by Value
9. Major Importing Countries by Value
10. Major Exporting Countries by Volume
11. Major Importing Countries by Volume
12. Europe Historical Price Trends and Forecast (2018-2028)
13. Europe Polylactic Acid (PLA) Market Structure
The Europe polylactic acid (PLA) market reached a value of USD 512.26 million in 2023.
The market is projected to grow at a CAGR of 12.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 1,035.78 million by 2032.
The market is being driven by the extensive use of polylactic acid (PLA) in bioplastics in the packaging market and the beneficial mechanical properties of polylactic acid over biodegradable polymers.
The key trends of the market include the increasing research and development (R&D) activities to improve the functionality of polylactic acid, development of superior polylactic acid, and rising use of polylactic acid in medical applications.
The major countries in the market are Germany, United Kingdom, France, Italy, and Spain, among others.
The leading types of polylactic acid (PLA) in the market are PLLA (Poly-L-lactic acid), PDLA (Poly-D-lactic acid), and PDLLA (Poly-DL-lactic acid), among others.
The significant applications in the market are packaging, agriculture, textile, biomedical, and electronics, among others.
The key players in the Europe polylactic acid (PLA) market are NatureWorks LLC, Total Corbion PLA, Futerro S.A., BIOTEC GmbH & Co.KG, and Evonik Industries AG, among others.
The Europe polylactic acid (PLA) market attained a volume of about USD 512.26 million in 2023, driven by the rising use of bioplastics in the packaging industry. Aided by the growing use of polylactic acid in the medical industry, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 12.2%. The market is projected to reach nearly USD 1,035.78 million by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the polylactic acid (PLA) industry can be segmented into PLLA (Poly-L-lactic acid), PDLA (Poly-D-lactic acid), and PDLLA (Poly-DL-lactic acid). On the basis of applications, the industry is divided into packaging, agriculture, textile, biomedical, and electronics, among others. The major regional markets for polylactic acid (PLA) in Europe are Germany, United Kingdom, France, Italy, and Spain, among others. The key players in the above market include NatureWorks LLC, Total Corbion PLA, Futerro S.A., BIOTEC GmbH & Co.KG, and Evonik Industries AG. among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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