Polylactic Acid Market report by AMR published at Analyzefuture

A new report titled "Polylactic Acid (PLA) Market in Packaging, Textile, Agriculture, Transportation, Bio-Medical, Electronics and Others - Global Industry Size, Company Share, Growth, Trends, Strategic Analysis and Forecast, 2012 – 2020.” by allied market research is published at analyzefuture.com

According to the research report, the global Polylactic Acid (PLA) market is expected to reach $5.2 billion by 2020 growing at a CAGR of 19.5% from 2013 to 2020. Asia Pacific will be the fastest growing market at a CAGR of 21.6% during this period whereas Europe will maintain its lead in terms of revenue till 2020, despite having a comparatively slower growth.

Derived from renewable feedstock such as corn starch, sugarcane, wheat, tapioca roots, Polylactic Acid (PLA) is thermoplastic polyester. PLA can be used in various fields like  Packaging, Textile, Agriculture, Transportation, Bio-Medical and Electronics industry are the application areas where Many companies and government regulatory bodies are focusing to find substitute to oil-based products due to environmental concerns, scarcity and volatility of prices of fossil fuels. Moreover, bio based plastics has huge potential to reduce the consumption and dependency on petroleum based feedstock and lessen negative impact on environment by reducing carbon footprints. 

Get full access of the report at:  

http://www.analyzefuture.com/polylactic-acid-market

Table Of Contents:

1. Introduction
2.Executive Summary
3.Key Findings: PLA Market Study
4.Case Studies
5.Global PLA Market By Application
6.PLA Production and Raw Materials
7.PLA and Geographic Markets
8Company Profiles

About:

Analyze Future bring to you research reports that will help you take an informed and strategic oriented decisions. Our sourced research reports are highly authentic and integrate latest market development for a better understanding. We have a repository of large market research reports helping with different needs.