China Polylactic Acid (PLA) Market to 2032
Overview
The China Polylactic Acid (PLA) Market is expected to reach a 0.57 USD Million by 2032 and is projected to grow at a CAGR of 19.47% from 2025 to 2032.
Revenue, 2024 (USD Million)
0.21
Forecast, 2032 (USD Million)
0.57
CAGR, 2024 - 2032
19.47%
Report Coverage
China
China Polylactic Acid (PLA) Market 2018-2032 USD Million
China Polylactic Acid (PLA) Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 0.21 USD Million
- Projected Market Size (2032): 0.57 USD Million
- CAGR (2025-2032): 19.47%
Key Findings of China Polylactic Acid (PLA) Market
- The China Polylactic Acid (PLA) Market was valued at 0.21 USD Million in 2024.
- The China Polylactic Acid (PLA) Market is likely to grow at a CAGR of 19.47% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Plastic Films in End User Segment accounted for the largest share of the market with a revenue of 0.13 USD Million
- The fastest growing segment Packaging in Application Segment grew Fastest with a CAGR of 20.91% during the forecast period from 2024 to 2032.
China Polylactic Acid (PLA) Market Scope
China Polylactic Acid (PLA) Market Segmentation & Scope
End User
- Biodegradable Medical Devices
- Bottles
- Plastic Films
Application
- Others
- Hygiene
- Textile
- Electronics
- Medical
- Agriculture
- Transport
- Packaging
Type
- PLA Blends
- PDLLA (Poly-dl-lactic acid)
- Regular PLLA (Poly-l-lactic acid)
- PDLA (Poly-d-lactic acid)
- Racemic PLLA (Poly-l-lactic acid)
Raw Material
- Others
- Sugar Beet
- Cassava
- Corn
- Sugarcane
Form
- Others
- Fibre
- Coatings
- Films and Sheets
China Polylactic Acid (PLA) Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 0.21 USD Million |
| Market Value in 2032 | 0.57 USD Million |
| CAGR (2025-2032) | 19.47% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End User,Application,Type,Raw Material,Form |
Regional Insights:
-
Leading Market (2024-2032): China, leading in terms of revenue 0.21 USD Million in 2024
- Key Country: China, leading in terms of revenue with value of 0.21 USD Million in 2024.
Segments and Scope
-
China Polylactic Acid (PLA) Market to 2032, By End User
- Plastic Films is the largest segment in China Polylactic Acid (PLA) Market to 2032 with a revenue of 0.13 USD Million in the year 2024.
- Plastic Films is the Fastest growing segment in China Polylactic Acid (PLA) Market to 2032 with a Growth rate of 20.02 % in forecast period 2025-2032.
-
China Polylactic Acid (PLA) Market to 2032, By Application
- Packaging is the largest segment in China Polylactic Acid (PLA) Market to 2032 with a revenue of 0.08 USD Million in the year 2024.
- Packaging is the Fastest growing segment in China Polylactic Acid (PLA) Market to 2032 with a Growth rate of 20.91 % in forecast period 2025-2032.
-
China Polylactic Acid (PLA) Market to 2032, By Type
- Racemic PLLA (Poly-l-lactic acid) is the largest segment in China Polylactic Acid (PLA) Market to 2032 with a revenue of 0.08 USD Million in the year 2024.
- Racemic PLLA (Poly-l-lactic acid) is the Fastest growing segment in China Polylactic Acid (PLA) Market to 2032 with a Growth rate of 20.56 % in forecast period 2025-2032.
-
China Polylactic Acid (PLA) Market to 2032, By Raw Material
- Sugarcane is the largest segment in China Polylactic Acid (PLA) Market to 2032 with a revenue of 0.08 USD Million in the year 2024.
- Sugarcane is the Fastest growing segment in China Polylactic Acid (PLA) Market to 2032 with a Growth rate of 20.65 % in forecast period 2025-2032.
-
China Polylactic Acid (PLA) Market to 2032, By Form
- Films and Sheets is the largest segment in China Polylactic Acid (PLA) Market to 2032 with a revenue of 0.11 USD Million in the year 2024.
- Films and Sheets is the Fastest growing segment in China Polylactic Acid (PLA) Market to 2032 with a Growth rate of 19.92 % in forecast period 2025-2032.
China Polylactic Acid (PLA) Market Company Share Analysis
| Company Name |
|
||
| Toray Industries, Inc. | |||
| BASF SE | |||
| Evonik Industries AG | |||
| NatureWorks LLC | |||
| TotalEnergies Corbion | |||
China Polylactic Acid (PLA) Market Geographical Sales Distribution, 2018-2032 USD Million
China Polylactic Acid (PLA) Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The China Polylactic Acid (PLA) Market is segmented based on Segmentation End User,Application,Type,Raw Material,Form.
China Polylactic Acid (PLA) Market was valued at USD 0.21(Revenue in USD Million) in 2021.
China Polylactic Acid (PLA) Market is projected to grow at a CAGR of 19.47% during the forecast period of 2024 to 2032.
The Plastic Films segment is expected to dominate the China Polylactic Acid (PLA) Market, holding a largest market share of 0.13 USD Million in 2024
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China Polylactic Acid (PLA) Market Scope
China Polylactic Acid (PLA) Market Segmentation & Scope
End User
- Biodegradable Medical Devices
- Bottles
- Plastic Films
Application
- Others
- Hygiene
- Textile
- Electronics
- Medical
- Agriculture
- Transport
- Packaging
Type
- PLA Blends
- PDLLA (Poly-dl-lactic acid)
- Regular PLLA (Poly-l-lactic acid)
- PDLA (Poly-d-lactic acid)
- Racemic PLLA (Poly-l-lactic acid)
Raw Material
- Others
- Sugar Beet
- Cassava
- Corn
- Sugarcane
Form
- Others
- Fibre
- Coatings
- Films and Sheets
Frequently Asked Questions
The China Polylactic Acid (PLA) Market is segmented based on Segmentation End User,Application,Type,Raw Material,Form.
China Polylactic Acid (PLA) Market was valued at USD 0.21(Revenue in USD Million) in 2021.
China Polylactic Acid (PLA) Market is projected to grow at a CAGR of 19.47% during the forecast period of 2024 to 2032.
The estimated market value of the China Polylactic Acid (PLA) Market for final year is USD 0.57 (USD Million).
China Polylactic Acid (PLA) Market Company Profiling
Frequently Asked Questions
The China Polylactic Acid (PLA) Market is segmented based on Segmentation End User,Application,Type,Raw Material,Form.
China Polylactic Acid (PLA) Market was valued at USD 0.21(Revenue in USD Million) in 2021.
China Polylactic Acid (PLA) Market is projected to grow at a CAGR of 19.47% during the forecast period of 2024 to 2032.
The estimated market value of the China Polylactic Acid (PLA) Market for final year is USD 0.57 (USD Million).
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