Lactic Acid and Poly Lactic Acid (Pla) Market Analysis, Market Size, Share, Regional Outlook, Industry Trends, Competitive Strategies and Segment Forecasts, 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Lactic Acid and Poly Lactic Acid (PLA) Market Analysis,

Market Size, Share, Regional Outlook, Industry Trends,

Competitive Strategies And Segment Forecasts, 2012 To 2020

Increasing lactic acid demand for manufacturing poly lactic acid (PLA) is expected to fuel the global lactic

acid market growth over the next five years. Lactic acid has gained significant importance recently. It is a

colorless syrup liquid soluble in alcohol and water. The product is manufactured by fermentation of

carbohydrates in excess calcium carbonate presence. Raw materials for lactic acid manufacturing

process include sugar beet, corn, sugarcane and tapioca.

Asia has the abundant quantity of such raw materials owing to huge production of carbohydrates

particularly sugarcane. This is expected to help lactic acid producers to cut down their manufacturing

cost due to low raw material prices as compared to other regions. Growing awareness regarding ecofriendly products and demand for green products in packaging industries is anticipated to boost the

global PLA market growth over the next five years. PLA is compostable and biodegradable as derived

from natural sources, which is anticipated to drive the global PLA market over the next five years.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

Volatile crude oil prices are expected to reduce reliance on petrochemicals and are anticipated to foster

the global PLA market growth. Shift towards bioplastics owing to changing consumer and industries

preference is projected to witness significant growth over the foreseeable future. PLA faces drawbacks

due to less efficient performance as compared to other conventional plastics are expected to hinder the

market. Another key challenge is vulnerability with rising temperature which is expected to limit...