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Report
Europe Polylactic Acid (Pla) Market Forecast 2024-2032
Market Report I 2024-02-05 I 157 Pages I Inkwood Research
KEY FINDINGS
The Europe polylactic acid (PLA) market is forecasted to rise with a CAGR of 18.90% during the forecasted years, 2024-2032. Some of the top factors propelling the market growth of the region include the increasing applications within the region's pharmaceutical industry as well as the surge in plastic production.
MARKET INSIGHTS
The Europe polylactic acid (PLA) market growth analysis includes the study of the United Kingdom, Germany, Belgium, Poland, France, Italy, Spain, and Rest of Europe. In 2023, France held a significant share of xx% in the Europe polylactic acid (PLA) market. A prominent trend in this market is the shift towards producing PLA from lignocellulose feedstock.
Additionally, the primary driving force behind France's polylactic acid market is the thriving packaging industry. PLA materials, known for their enhanced properties, serve as an efficient alternative to polyolefin films in packaging applications. This has propelled the rapid growth of the polylactic acid market in France, especially within the packaging sector.
In order to stay ahead of the competition, companies in the French market are diversifying their strategies, as well, by exploring various grades of biomaterials. Including PLA and PHA, with content ranging from 20% to 80% or higher, this approach aims to ensure a dynamic and competitive market presence. As a result, the aforementioned factors are set to propel the Europe polylactic acid (PLA) market growth during the forecast period.
COMPETITIVE INSIGHTS
Key players operating in the market include Futerro SA, Synbra Holding BV, BASF, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
TABLE OF CONTENTS
1. RESEARCH SCOPE & METHODOLOGY
1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS
2. EXECUTIVE SUMMARY
2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
2.3. SCOPE OF STUDY
2.4. CRISIS SCENARIO ANALYSIS
2.4.1. IMPACT OF COVID-19 ON POLYLACTIC ACID (PLA) MARKET
2.5. MAJOR MARKET FINDINGS
2.5.1. INCREASING UTILIZATION OF PLA IN BIOMEDICAL APPLICATIONS
2.5.2. KEY MARKET PLAYERS ACTIVELY ENGAGING IN SUSTAINABILITY INITIATIVES
2.5.3. INCREASING POPULARITY IN 3D PRINTING DUE TO ITS VERSATILITY
2.5.4. PLA: POSITIVE ENVIRONMENTAL IMPACT
3. MARKET DYNAMICS
3.1. KEY DRIVERS
3.1.1. INCREASING DEMAND FOR SUSTAINABLE PACKAGING
3.1.2. SUPPORTIVE GOVERNMENT POLICIES AND REGULATIONS
3.1.3. CONSUMER SHIFT TOWARDS GREEN PRODUCTS
3.2. KEY RESTRAINTS
3.2.1. RELATIVELY HIGHER PRODUCTION COSTS OF PLA
3.2.2. PLA'S LIMITED HEAT RESISTANCE COMPARED TO CONVENTIONAL PLASTICS
4. KEY ANALYTICS
4.1. KEY MARKET TRENDS
4.1.1. FOCUS ON HEAT-RESISTANT PLA VARIANTS
4.1.2. DEVELOPMENT OF PLA BLENDS
4.1.3. INTRODUCTION OF HIGH-PERFORMANCE PLA GRADES
4.1.4. RAPID EXPANSION OF END USE INDUSTRIES INCORPORATING PLA
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1. BUYERS POWER
4.2.2. SUPPLIERS POWER
4.2.3. SUBSTITUTION
4.2.4. NEW ENTRANTS
4.2.5. INDUSTRY RIVALRY
4.3. GROWTH PROSPECT MAPPING
4.4. MARKET MATURITY ANALYSIS
4.5. MARKET CONCENTRATION ANALYSIS
4.6. VALUE CHAIN ANALYSIS
4.6.1. RAW MATERIAL SOURCING
4.6.2. LACTIC ACID PRODUCTION
4.6.3. MANUFACTURING OF PLA PRODUCTS
4.6.4. DISTRIBUTION AND LOGISTICS
4.6.5. CONSUMER USAGE
4.7. KEY BUYING CRITERIA
4.7.1. BIODEGRADABILITY AND COMPOSTABILITY
4.7.2. CERTIFICATIONS AND STANDARDS
4.7.3. QUALITY AND PERFORMANCE
4.7.4. COST COMPETITIVENESS
4.8. REGULATORY FRAMEWORK
5. MARKET BY PRODUCT FORM
5.1. FILMS AND SHEETS
5.1.1. MARKET FORECAST FIGURE
5.1.2. SEGMENT ANALYSIS
5.2. COATINGS
5.2.1. MARKET FORECAST FIGURE
5.2.2. SEGMENT ANALYSIS
5.3. FIBERS
5.3.1. MARKET FORECAST FIGURE
5.3.2. SEGMENT ANALYSIS
5.4. OTHER PRODUCT FORMS
5.4.1. MARKET FORECAST FIGURE
5.4.2. SEGMENT ANALYSIS
6. MARKET BY APPLICATION (IN TERMS OF REVENUE: $ MILLION & IN TERMS OF VOLUME: KILOMETRIC TONS)
6.1. PACKAGING
6.1.1. MARKET FORECAST FIGURE
6.1.2. SEGMENT ANALYSIS
6.2. AGRICULTURE
6.2.1. MARKET FORECAST FIGURE
6.2.2. SEGMENT ANALYSIS
6.3. ELECTRONICS
6.3.1. MARKET FORECAST FIGURE
6.3.2. SEGMENT ANALYSIS
6.4. TEXTILES
6.4.1. MARKET FORECAST FIGURE
6.4.2. SEGMENT ANALYSIS
6.5. MEDICAL
6.5.1. MARKET FORECAST FIGURE
6.5.2. SEGMENT ANALYSIS
6.6. AUTOMOTIVE
6.6.1. MARKET FORECAST FIGURE
6.6.2. SEGMENT ANALYSIS
6.7. OTHER APPLICATIONS
6.7.1. MARKET FORECAST FIGURE
6.7.2. SEGMENT ANALYSIS
7. MARKET BY RAW MATERIAL
7.1. CORN
7.1.1. MARKET FORECAST FIGURE
7.1.2. SEGMENT ANALYSIS
7.2. SUGARCANE & SUGAR BEET
7.2.1. MARKET FORECAST FIGURE
7.2.2. SEGMENT ANALYSIS
7.3. CASSAVA
7.3.1. MARKET FORECAST FIGURE
7.3.2. SEGMENT ANALYSIS
7.4. OTHER RAW MATERIALS
7.4.1. MARKET FORECAST FIGURE
7.4.2. SEGMENT ANALYSIS
8. GEOGRAPHICAL ANALYSIS (IN TERMS OF REVENUE: $ MILLION & IN TERMS OF VOLUME: KILOMETRIC TONS)
8.1. EUROPE
8.1.1. MARKET SIZE & ESTIMATES
8.1.2. EUROPE POLYLACTIC ACID (PLA) MARKET DRIVERS
8.1.3. EUROPE POLYLACTIC ACID (PLA) MARKET CHALLENGES
8.1.4. KEY PLAYERS IN EUROPE POLYLACTIC ACID (PLA) MARKET
8.1.5. COUNTRY ANALYSIS
8.1.5.1. UNITED KINGDOM
8.1.5.1.1. UNITED KINGDOM POLYLACTIC ACID (PLA) MARKET SIZE & OPPORTUNITIES
8.1.5.2. GERMANY
8.1.5.2.1. GERMANY POLYLACTIC ACID (PLA) MARKET SIZE & OPPORTUNITIES
8.1.5.3. FRANCE
8.1.5.3.1. FRANCE POLYLACTIC ACID (PLA) MARKET SIZE & OPPORTUNITIES
8.1.5.4. ITALY
8.1.5.4.1. ITLAY POLYLACTIC ACID (PLA) MARKET SIZE & OPPORTUNITIES
8.1.5.5. SPAIN
8.1.5.5.1. SPAIN POLYLACTIC ACID (PLA) MARKET SIZE & OPPORTUNITIES
8.1.5.6. BELGIUM
8.1.5.6.1. BELGIUM POLYLACTIC ACID (PLA) MARKET SIZE & OPPORTUNITIES
8.1.5.7. POLAND
8.1.5.7.1. POLAND POLYLACTIC ACID (PLA) MARKET SIZE & OPPORTUNITIES
8.1.5.8. REST OF EUROPE
8.1.5.8.1. REST OF EUROPE POLYLACTIC ACID (PLA) MARKET SIZE & OPPORTUNITIES
9. COMPETITIVE LANDSCAPE
9.1. KEY STRATEGIC DEVELOPMENTS
9.1.1. MERGERS & ACQUISITIONS
9.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
9.1.3. PARTNERSHIPS & AGREEMENTS
9.2. COMPANY PROFILES
9.2.1. BASF
9.2.1.1. COMPANY OVERVIEW
9.2.1.2. PRODUCT LIST
9.2.1.3. STRENGTHS & CHALLENGES
9.2.2. DANIMER SCIENTIFIC
9.2.2.1. COMPANY OVERVIEW
9.2.2.2. PRODUCT LIST
9.2.2.3. STRENGTHS & CHALLENGES
9.2.3. DOW CHEMICALS
9.2.3.1. COMPANY OVERVIEW
9.2.3.2. PRODUCT LIST
9.2.3.3. STRENGTHS & CHALLENGES
9.2.4. FUTERRO SA
9.2.4.1. COMPANY OVERVIEW
9.2.4.2. PRODUCT LIST
9.2.4.3. STRENGTHS & CHALLENGES
9.2.5. GOOD NATURED PRODUCTS INC
9.2.5.1. COMPANY OVERVIEW
9.2.5.2. PRODUCT LIST
9.2.5.3. STRENGTHS & CHALLENGES
9.2.6. GREEN BIOPLASTICS
9.2.6.1. COMPANY OVERVIEW
9.2.6.2. PRODUCT LIST
9.2.6.3. STRENGTHS & CHALLENGES
9.2.7. INNOVIA FILMS
9.2.7.1. COMPANY OVERVIEW
9.2.7.2. PRODUCT LIST
9.2.7.3. STRENGTHS & CHALLENGES
9.2.8. MITSUBISHI CHEMICAL HOLDING CORPORATION
9.2.8.1. COMPANY OVERVIEW
9.2.8.2. PRODUCT LIST
9.2.8.3. STRENGTHS & CHALLENGES
9.2.9. NATUREWORKS LLC
9.2.9.1. COMPANY OVERVIEW
9.2.9.2. PRODUCT LIST
9.2.9.3. STRENGTHS & CHALLENGES
9.2.10. SYNBRA HOLDING BV
9.2.10.1. COMPANY OVERVIEW
9.2.10.2. PRODUCT LIST
9.2.10.3. STRENGTHS & CHALLENGES
9.2.11. TEIJIN LTD
9.2.11.1. COMPANY OVERVIEW
9.2.11.2. PRODUCT LIST
9.2.11.3. STRENGTHS & CHALLENGES
9.2.12. THYSSENKRUPP AG
9.2.12.1. COMPANY OVERVIEW
9.2.12.2. PRODUCT LIST
9.2.12.3. STRENGTHS & CHALLENGES
9.2.13. TOTAL-CORBION PLA
9.2.13.1. COMPANY OVERVIEW
9.2.13.2. PRODUCT LIST
9.2.13.3. STRENGTHS & CHALLENGES
9.2.14. ZHEJIANG HISUN BIOMATERIALS CO LTD
9.2.14.1. COMPANY OVERVIEW
9.2.14.2. PRODUCT LIST
9.2.14.3. STRENGTHS & CHALLENGES
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT - POLYLACTIC ACID
TABLE 2: REGULATORY FRAMEWORK
TABLE 3: EUROPE POLYLACTIC ACID (PLA) MARKET, BY PRODUCT FORM, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 4: EUROPE POLYLACTIC ACID (PLA) MARKET, BY PRODUCT FORM, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 5: EUROPE POLYLACTIC ACID (PLA) MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 6: EUROPE POLYLACTIC ACID (PLA) MARKET, BY APPLICATION, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 7: EUROPE POLYLACTIC ACID (PLA) MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN KILOMETRIC TONS)
TABLE 8: EUROPE POLYLACTIC ACID (PLA) MARKET, BY APPLICATION, FORECAST YEARS, 2024-2032 (IN KILOMETRIC TONS)
TABLE 9: EUROPE POLYLACTIC ACID (PLA) MARKET, BY RAW MATERIAL, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 10: EUROPE POLYLACTIC ACID (PLA) MARKET, BY RAW MATERIAL, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 11: EUROPE POLYLACTIC ACID (PLA) MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 12: EUROPE POLYLACTIC ACID (PLA) MARKET, BY COUNTRY, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 13: EUROPE POLYLACTIC ACID (PLA) MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN KILOMETRIC TONS)
TABLE 14: EUROPE POLYLACTIC ACID (PLA) MARKET, BY COUNTRY, FORECAST YEARS, 2024-2032 (IN KILOMETRIC TONS)
TABLE 15: KEY PLAYERS OPERATING IN EUROPE POLYLACTIC ACID (PLA) MARKET
TABLE 16: LIST OF MERGERS & ACQUISITIONS
TABLE 17: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 18: LIST OF PARTNERSHIPS & AGREEMENTS
LIST OF FIGURES
FIGURE 1: MAJOR MARKET FINDINGS
FIGURE 2: MARKET DYNAMICS
FIGURE 3: KEY MARKET TRENDS
FIGURE 4: PORTER'S FIVE FORCES ANALYSIS
FIGURE 6: GROWTH PROSPECT MAPPING
FIGURE 7: MARKET MATURITY ANALYSIS
FIGURE 8: MARKET CONCENTRATION ANALYSIS
FIGURE 9: VALUE CHAIN ANALYSIS
FIGURE 10: KEY BUYING CRITERIA
FIGURE 11: EUROPE POLYLACTIC ACID (PLA) MARKET, GROWTH POTENTIAL, BY PRODUCT FORM, IN 2023
FIGURE 12: EUROPE POLYLACTIC ACID (PLA) MARKET, BY FILMS AND SHEETS, 2024-2032 (IN $ MILLION)
FIGURE 13: EUROPE POLYLACTIC ACID (PLA) MARKET, BY COATINGS, 2024-2032 (IN $ MILLION)
FIGURE 14: EUROPE POLYLACTIC ACID (PLA) MARKET, BY FIBERS, 2024-2032 (IN $ MILLION)
FIGURE 15: EUROPE POLYLACTIC ACID (PLA) MARKET, BY OTHER PRODUCT FORMS, 2024-2032 (IN $ MILLION)
FIGURE 16: EUROPE POLYLACTIC ACID (PLA) MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2023
FIGURE 17: EUROPE POLYLACTIC ACID (PLA) MARKET, BY PACKAGING, 2024-2032 (IN $ MILLION)
FIGURE 18: EUROPE POLYLACTIC ACID (PLA) MARKET, BY AGRICULTURE, 2024-2032 (IN $ MILLION)
FIGURE 19: EUROPE POLYLACTIC ACID (PLA) MARKET, BY ELECTRONICS, 2024-2032 (IN $ MILLION)
FIGURE 20: EUROPE POLYLACTIC ACID (PLA) MARKET, BY TEXTILES, 2024-2032 (IN $ MILLION)
FIGURE 21: EUROPE POLYLACTIC ACID (PLA) MARKET, BY MEDICAL, 2024-2032 (IN $ MILLION)
FIGURE 22 EUROPE POLYLACTIC ACID (PLA) MARKET, BY AUTOMOTIVE, 2024-2032 (IN $ MILLION)
FIGURE 23: EUROPE POLYLACTIC ACID (PLA) MARKET, BY OTHER APPLICATIONS, 2024-2032 (IN $ MILLION)
FIGURE 24: EUROPE POLYLACTIC ACID (PLA) MARKET, GROWTH POTENTIAL, BY RAW MATERIAL, IN 2023
FIGURE 25: EUROPE POLYLACTIC ACID (PLA) MARKET, BY CORN, 2024-2032 (IN $ MILLION)
FIGURE 26: EUROPE POLYLACTIC ACID (PLA) MARKET, BY SUGARCANE & SUGAR BEET, 2024-2032 (IN $ MILLION)
FIGURE 27: EUROPE POLYLACTIC ACID (PLA) MARKET, BY CASSAVA, 2024-2032 (IN $ MILLION)
FIGURE 28: EUROPE POLYLACTIC ACID (PLA) MARKET, BY OTHER RAW MATERIALS, 2024-2032 (IN $ MILLION)
FIGURE 29: EUROPE POLYLACTIC ACID (PLA) MARKET, COUNTRY OUTLOOK, 2023 & 2032 (IN %)
FIGURE 30: UNITED KINGDOM POLYLACTIC ACID (PLA) MARKET, 2024-2032 (IN $ MILLION)
FIGURE 31: GERMANY POLYLACTIC ACID (PLA) MARKET, 2024-2032 (IN $ MILLION)
FIGURE 32: FRANCE POLYLACTIC ACID (PLA) MARKET, 2024-2032 (IN $ MILLION)
FIGURE 33: ITALY POLYLACTIC ACID (PLA) MARKET, 2024-2032 (IN $ MILLION)
FIGURE 34: SPAIN POLYLACTIC ACID (PLA) MARKET, 2024-2032 (IN $ MILLION)
FIGURE 35: BELGIUM POLYLACTIC ACID (PLA) MARKET, 2024-2032 (IN $ MILLION)
FIGURE 36: POLAND POLYLACTIC ACID (PLA) MARKET, 2024-2032 (IN $ MILLION)
FIGURE 37: REST OF EUROPE POLYLACTIC ACID (PLA) MARKET, 2024-2032 (IN $ MILLION)
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