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The market for polylactic acid (PLA) in Europe is being aided by the rising use of polylactic acid (PLA) in the textile industry. The growing demand for economical, convenient, and biodegradable natural polymers owing to rising concerns regarding rapid climate change is accelerating the growth of the polylactic acid (PLA) industry. This is increasing the use of polylactic acid in the production of sustainable clothing and as a substitute for polyester fibres. Moreover, various advantages of polylactic acid (PLA) such as UV resistance and recyclability are surging its deployment in various fabrics. It can also enhance durability and comfortability, due to which it is increasingly adopted in clothing applications, hence bolstering the growth of the polylactic acid (PLA) industry in Europe.
Futerro, working mainly for the packaging industry, commenced operating the first integrated polylactic acid (PLA) production unit in China in collaboration with its past partner BBCA Biochemical in October 2020. The unit is in the city of Bengbu, which has a capacity of 30,000 tonnes per year. It is supplied by a lactic acid unit with a capacity of 80,000 tonnes. Both lactic acid and polylactic acid (PLA) units are incorporated with new, advanced, patented, and innovative technologies that enable the production of high-quality products at a competitive cost. Moreover, the company is planning to increase the production of polylactic acid (PLA) by 10,000 tonnes per year to meet the rising demand for bioplastics. This is expected to increase the application of polylactic acid (PLA) in various industries. Such expansions of production units by major companies are projected to propel the market growth in Europe.
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The major players in the Europe market for polylactic acid (PLA) are NatureWorks LLC, Total Corbion PLA, and Futerro, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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