Dublin, Jan. 8, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/wr9v6m/global_polylactic) has announced the addition of the "Global Polylactic Acid Market by Applications - Polylactic Acid Products, Biodegradable Polymers, PLA Compostable, Global Industry Size, Growth, Trends, Strategic Analysis and Forecast, 2014-2020" report to their offering.
"Global Polylactic Acid Market by Applications (Packaging, Agriculture, Automobile, Catering, Construction Materials, 3D Printing, Electronics, Textiles, Bio-Medicals) - Polylactic Acid Products, Biodegradable Polymers, PLA Compostable, Global Industry Size, Growth, Trends, Strategic Analysis and Forecast, 2014-2020"
Polylactic acid (PLA) is a biodegradable material with rigidity and clarity similar to polystyrene (PS) or polyethylene terephthalate (PET) and is used in applications such as packaging, catering, agriculture, automobiles etc. PLA is one of the best products in emerging bioplastic market because of its availability specifically in regions where there is more demand such as the US, Europe, China, Japan and Thailand. Natural polymers, biopolymers, and synthetic polymers based on renewable resources are the basis for the twenty-first century portfolio of sustainable, eco-efficient plastics. These materials will replace petroleum-based polymers such as HDPE, PET, PPetc., which are used in similar applications.
PLA is relatively new and emerging market. Developed countries such as the US and Europe are the largest market for PLA; however, developing Asian nations such as China and Thailand are also becoming lucrative destinations for the PLA market. Raw material availability, infrastructure development, favorable government policies and awareness of environmental benefits of PLA are the major drivers for the PLA market in different geographies.
Key Topics Covered:
1. Polylactic Acid Market Overview
1.1. What Is Polylactic Acid (Pla)?
1.2. Value Chain Analysis Of The Pla Market
1.3. Key Buying Criteria
2. Key Motivators Of Pla Market
2.1. Favorable Government Policies Are Driving The Market
2.2. Renewable Raw Materials And Availability Of Raw Materials
2.3. Rising Petroleum Prices Driving Pla Raw Materials
2.4. New Technology Enabled Pla Competes With Traditional Polymers
2.5. End Of Life Applications
3. Key Factors Restricting The Growth Of Pla Market
3.1. Using Edible Raw Material Remains A Social Issue
3.2. Pla Is Only Compostable In Industrial Composting Facilities
3.3. Competitive Market
4. Key Challenges For Pla Market
4.1. Low Awareness In Developing Countries
4.2. Difficult To Identify Pla Products In Waste Streams
4.3. Cost Reduction Of Pla Is A Big Challenge
4.4. Thermal And Mechanical Properties Of Pla Are A Challenge
4.5. Opportunity Of New Business Line For Existing Companies
5. Applications Of Pla
5.1. Pla Has Wide Range Of Applications
6. Raw Material Analysis
6.1. Segmentation Based On Raw Materials
7. Bioplastics: Sector Analysis
8. Market Share
8.1. Company Analysis
8.1.1. Natureworks Llc
8.1.2. Mitsubishi Chemicals
8.1.3. Zhejiang Hisun Biomaterials Co. Ltd.
9. Geography Analysis
9.1. Geography Analysis
9.2. North America
10. Market Strategies
10.1. Pla Is Marketed As Eco-Friendly Product
10.2. Innovative New Products And Process Making Pla Even Better And Stronger
10.3. Asia Pacific: New Destination For Bioplastic Industry
10.4. Brazilian Sugarcane Is Attracting Bioplastic Companies
10.5. Companies Are Developing New Products By Collaborating On R&D
10.6. Joint Ventures And Collaborations Leading The Market
10.7. Product Launches
10.8. Strategic Recommendation
CHAP 11. CORPORATE PROFILES
11.1. NATUREWORKS LLC
11.3. MITSUBISHI CHEMICAL HOLDING CORPORATION
11.4. ZHEJIANG HISUN BIOMATERIALS CO., LTD.
For more information visit http://www.researchandmarkets.com/research/wr9v6m/global_polylactic
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Source:Research and Markets