Dublin, June 16, 2021 (GLOBE NEWSWIRE) -- The "Bio-Polylactic Acid Market Research Report by Raw Material, by End User, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.
The Global Bio-Polylactic Acid Market size was estimated at USD 691.59 Million in 2020 and expected to reach USD 784.53 Million in 2021, at a Compound Annual Growth Rate (CAGR) 13.77% from 2020 to 2026 to reach USD 1,500.21 Million by 2026.
Market Statistics:
The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered for the forecast period.
Market Segmentation & Coverage:
This research report categorizes the Bio-Polylactic Acid to forecast the revenues and analyze the trends in each of the following sub-markets:
- Based on Raw Material, the Bio-Polylactic Acid Market was examined across Cassava, Corn, and Sugarcane & Sugar Beet.
- Based on Form, the Bio-Polylactic Acid Market was examined across Coatings, Fiber, and Films & Sheets.
- Based on End User, the Bio-Polylactic Acid Market was examined across Agriculture, Automotive, Electronics, Medical, Packaging, and Textile.
- Based on Geography, the Bio-Polylactic Acid Market was examined across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific is further studied across China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa is further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.
Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. The ongoing research amplifies the research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
The report answers questions such as:
1. What is the market size and forecast of the Global Bio-Polylactic Acid Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Bio-Polylactic Acid Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Bio-Polylactic Acid Market?
4. What is the competitive strategic window for opportunities in the Global Bio-Polylactic Acid Market?
5. What are the technology trends and regulatory frameworks in the Global Bio-Polylactic Acid Market?
6. What is the market share of the leading vendors in the Global Bio-Polylactic Acid Market?
7. What modes and strategic moves are considered suitable for entering the Global Bio-Polylactic Acid Market?
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rise in the demand for flexible packaging in food & beverage sector
5.1.1.2. Increasing demand from various industries such as agriculture, transport, and textile industry
5.1.1.3. Environmental awareness and consumer preference towards green packaging
5.1.2. Restraints
5.1.2.1. High cost of raw material
5.1.3. Opportunities
5.1.3.1. Increasing demand for PLA in medical sector
5.1.3.2. Government initiatives to minimize the consumption of single-use plastic products
5.1.4. Challenges
5.1.4.1. Presence of low-cost alternatives
5.2. Cumulative Impact of COVID-19
5.3. Porters Five Forces Analysis
5.3.1. Threat of New Entrants
5.3.2. Threat of Substitutes
5.3.3. Bargaining Power of Customers
5.3.4. Bargaining Power of Suppliers
5.3.5. Industry Rivalry
6. Bio-Polylactic Acid Market, by Raw Material
7. Bio-Polylactic Acid Market, by Form
8. Bio-Polylactic Acid Market, by End User
9. Americas Bio-Polylactic Acid Market
10. Asia-Pacific Bio-Polylactic Acid Market
11. Europe, Middle East & Africa Bio-Polylactic Acid Market
12. Competitive Landscape
13. Company Usability Profiles
14. Appendix
Companies Mentioned
- Danimer Scientific
- DuPont
- Mitsubishi Chemical Holdings Corporation
- Total Corbion PLA
- Teijin Ltd
- BASF SE
- Futerro
- NatureWorks LLC
- Sulzer Ltd
- Synbra Technology BV
- Zhejiang Hisun Biomaterials Co., Ltd
For more information about this report visit https://www.researchandmarkets.com/r/4a8gt8