Tag: Polylactic Acid Market

Polylactic Acid Market: Opportunities, Revenue Forecast, and Market Dynamics (2024-2030)

Polylactic Acid Market was valued at USD 1.68 Bn in 2023 and expected to reach US$ 5.74 Bn by 2030, at a CAGR of 19.2% during the forecast period. Polylactic Acid  Market Overview A comprehensive analysis of the global Polylactic Acid market reveals a complex landscape shaped by various factors. The research team employed a combination of primary and…

Polylactic Acid Market Trends: Anticipated Growth to US$ 4.84 Bn by 2029 at a 19.2% CAGR

Polylactic Acid Market Trends: Anticipated Growth to US$ 4.84 Bn by 2029 at a 19.2% CAGR

Anticipated Growth in Revenue: Polylactic Acid Market was valued at US$ 1.41 Bn in 2022 and expected to reach US$ 4.84 Bn by 2029, at a CAGR of 19.2% during the forecast period. Polylactic Acid Market Overview: The Polylactic Acid (PLA) market is witnessing significant growth, driven by increasing demand for biodegradable plastics and sustainable packaging solutions. Valued at…

Polylactic Acid Market: Global Growth Projection at 16.45% CAGR Through 2029

According to TechSci Research report, “Polylactic acid Market –Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2019-2029F”, the Global Polylactic Acid Market stood at USD 1228.03 million in 2023 and is anticipated to register a high CAGR of 39.73% during the forecast period through 2029. This can be ascribed to collaborations and partnerships among leading companies with…