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Supported by textiles and electronics industries, global poly lactic acid market is anticipated to worth US$2.6 billion by 2016, growing at an annual rate of 28%, according to Axis Research Mind

December 03, 2012 Bookmark and Share

Global Poly Lactic Acid market is expected to reach US$2.6 billion by 2016 at a Compounded Annual Growth Rate (CAGR) of 28%, globally. Region-wise analysis shows that Asia-Pacific is forecasted to record the highest growth rate of 29.3% during the analysis period 2011-2016. Europe follows Asia-Pacific with a CAGR of 28.9%. The Americas forecasts to drive the global market with a 27.3%. Volume based studies reveal that the maximum share of growth rate is expected from Asia-Pacific region. Comparing the end-user industries, textiles and electronics are going to be the major supporters of this market. Biodegradable Packaging market was 81 thousand tons in 2011 to represent the largest share of 39% by 2016. Textiles represent the fastest growing market for Polylactic Acid (PLA). Bio-Medical witnessed with a CAGR of 28%.

For more information please follow link:
Polylactic Acid (PLA) - A Global Market Watch, 2011 - 2016

Estimates are based on online surveys using customized questionnaires by our research team. Besides information from government databases, company websites, press releases and published research reports are also used for estimates. Estimates have incorporated recessionary impact on the industry. The analysis is based on desk research and interviews with industry researchers and law/ethics specialists, as well as on data collected through the survey, and discussions with experts.

The report delivers a microscopic view of regional market volume and values by polylactic acid (PLA) – applications. please follow the link in detail - Polylactic Acid (PLA) - A Global Market Watch, 2011 - 2016

Other Related Plastics Reports
Rigid Plastics, Flexible Plastics, Thermoplastics Resin, Thermosets Resin, Polyethylene (PE) - Products, End-Uses & Technologies, Polypropylene (PP), Polyethylene Terephthalate (PET), Polyvinyl Chloride (PVC), Polystyrene (PS), Bioplastics, Polyurethanes (PU), Urea-Formaldehyde (UF), Phenol-Formaldehyde (PF), Unsaturated Polyesters (UP), Epoxy / Polyepoxide Resins, Food & Beverage Plastics, Building & Construction Plastics, Healthcare Plastics, Personal Care Plastics, Household Plastics, Automotive Plastics, Electronic Plastics, Electrical Plastics, Industrial Plastics, Plastic Additives, Polylactic Acid (PLA)

About Axis Research Mind
Axis Research Mind (www.axisresearchmind.com) is a market research firm offering customer-oriented publications in verticals such as life sciences and biotechnology, healthcare and pharmaceuticals, energy and resources, food and beverage, telecomm and many more industries. Our reports cater incisive and precise analytics and are scrutinized with a passion of success in the growing marketplace. Our USBs are self-explanatory, vast database and region-wise coverage across the sectors. We attempt to explore market dynamics explicating the risk and return measures in the industry.

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