echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > Analysis of the supply and demand status, competitive landscape and development prospects of the global polylactic acid market in 2021. The future market scale will grow steadily

    Analysis of the supply and demand status, competitive landscape and development prospects of the global polylactic acid market in 2021. The future market scale will grow steadily

    • Last Update: 2021-06-22
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Supply and demand of the global polylactic acid industry

    Supply and demand of the global polylactic acid industry

    Polylactic acid (PLA) is a new type of bio-based material, widely used in clothing manufacturing, construction, medical and health and other fields
    .


    In terms of supply, the global production capacity of polylactic acid will be nearly 400,000 tons in 2020.


    The production of polylactic acid in China is still in its infancy
    .


    In terms of demand, in 2019, the global polylactic acid market has reached 660.


    1.
    The application prospect of polylactic acid industry is broad

    1.
    The application prospect of polylactic acid industry is broad

    Polylactic acid (PLA) is a new type of bio-based material with good biodegradability, biocompatibility, thermal stability, solvent resistance and easy processing.
    It is widely used in clothing manufacturing, construction, and medical and health care.
    It is one of the earliest applications of synthetic biology in the field of materials
    .

    2.
    In 2020, the global production capacity of polylactic acid will be nearly 400,000 tons

    2.
    In 2020, the global production capacity of polylactic acid will be nearly 400,000 tons

    At present, as an environmentally friendly bio-based biodegradable material, polylactic acid has a good application prospect, and global production capacity continues to increase
    .


    According to statistics from the European Bioplastics Association, in 2019, the global production capacity of polylactic acid is about 271,300 tons; in 2020, the production capacity will increase to 394,800 tons


    3.
    The United States "Nature Works" is the world's largest manufacturer

    3.
    The United States "Nature Works" is the world's largest manufacturer

    From the perspective of production capacity, Nature Works in the United States is currently the world’s largest polylactic acid manufacturer.
    In 2020, it will have an annual production capacity of 160,000 tons of polylactic acid, accounting for about 41% of the total global production capacity, followed by Total Corbion in the Netherlands.
    The production capacity is 75,000 tons, which accounts for approximately 19% of the production capacity
    .

    In China, the production of polylactic acid is still in its infancy.
    There are not many production lines that have been built and put into production, and most of them are small in scale.
    The main production companies include Jilin COFCO, Hisun Bio, etc.
    , while Jindan Technology and Anhui Fengyuan Group The production capacity of companies such as Guangdong Kingfa Technology are still under construction or planned
    .

    4.
    Forecast of the market size of the global polylactic acid industry

    4.
    Forecast of the market size of the global polylactic acid industry

    As a new type of degradable and environmentally friendly material, polylactic acid is characterized by being green, environmentally friendly, safe and non-toxic, and has broad application prospects
    .


    According to statistics from ReportLinker, in 2019, the global polylactic acid market has reached 660.


    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Related Articles

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.