Press Release
Press Release
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.