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Polylactic Acid Market Outlook (2022 to 2032)

The global polylactic acid market is expected to reach a valuation of US$ 1.0 Billion by the end of 2022. It is likely to be supplemented at a CAGR of 11.9% during the evaluation period from 2022 to 2032. The market for polylactic acid is likely to create an absolute dollar opportunity of nearly US$ 3.1 Billion by 2032.

The urgent need for an alternative to conventional plastic and eco-friendly packaging is expected to push growth in the global packaging sector, thereby driving the polylactic acid industry. The need for physical or chemical modification of polylactic acid to gain suitable properties for multiple intended applications is also anticipated to augur well for the global market.

The increasing use of polylactic acid in the electronics, textile, medical, tableware, automotive, packaging, and 3D printing industries is anticipated to skyrocket its demand in the assessment period. Polylactic acid is capable of offering various advantages such as the initiation of production processes by utilizing carbon dioxide.

It also has numerous chemical properties and is thus extensively used as a raw material in a wide variety of applications. Key players are nowadays aiming to opt for this acid as it has diverse functionalities such as non-toxicity and biodegradability.

A few renowned companies are striving to use polylactic acid in the healthcare sector such as implants, screws, and stitching materials. The acid is also set to be utilized for the production of medical equipment and devices. In the automotive sector, it is likely to be used in tires with starch-based materials for lowering overall fuel consumption.

In October 2021, for instance, Total Corbion PLA, a technology leader based in the Netherlands, introduced Luminy polylactic acid. It is made with chemically recycled post-consumer and post-industrial waste. The company claims it to be the world’s first-ever commercially available bioplastic product.

Similarly, in April 2021, NatureWorks, a USA-based manufacturer of bioplastics, introduced Ingeo 3D700 to expand its Ingeo biopolymers line. The new product is mainly designed for additive manufacturing and can be applied in large-format 3D printing. Thus, the launch of similar innovative products by leading companies is projected to propel the need for polylactic acid in the next ten years.

Attributes Key Insights
Global Polylactic Acid Market Estimated Size (2022E) US$ 1.0 Billion
Projected Market Valuation (2032F) US$ 3.1 Billion
Value-based CAGR (2022 to 2032) 11.9%
Collective Value Share: Top 3 Countries 40.4%

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2017 to 2021 Global Polylactic Acid Market Outlook Compared to 2022 to 2032 Demand Forecast

The market for polylactic acid (PLA) is predicted to surge positively due to the growing demand for new alternatives to plastic. In the next ten years, the global market for polylactic acid is expected to develop at a healthy rate. As per FMI, sales of polylactic acid grew steadily at a CAGR of 9.8% during the historical period between 2017 and 2021.

Growth is mainly attributed to the entry of numerous market players and innovations brought about by them. In addition, the high demand for eco-friendly packaging on the back of increasing awareness about pollution is projected to propel the adoption of polylactic acid among various end-use industries in the evaluation period.

Comparative Analysis of Adjacent Polylactic Acid Markets

Polylactic Acid Market:

Differentiating Aspects Polylactic Acid Market
CAGR in 2022 to 2032 11.9%
Current Valuation in 2022 US$ 1.0 Billion
Projected Valuation in 2032 US$ 3.1 Billion
Demand Drivers
  • Growing initiatives by government agencies to prevent the utilization of conventional non-biodegradable plastics are projected to drive growth.
  • The surging focus of consumers on sustainability and new areas of applications like automotive and biomedical are expected to bode well for the global market in the next ten years.

Natural Rosemarine Extract Market:

Differentiating Aspects Natural Rosemarine Extract Market
CAGR in 2022 to 2032 8.1%
Current Valuation in 2022 US$ 156.0 Million
Projected Valuation in 2032 US$ 341.4 Million
Demand Drivers
  • The increasing popularity of natural rosemarine extracts owing to their ability to extend the shelf life of various products would propel sales.
  • The rising use of natural rosemarine extracts in the pharmaceutical and personal care industries backed by their antioxidant, antimicrobial, and anti-inflammatory properties would drive demand.

Quercetin Market:

Differentiating Aspects Quercetin Market
CAGR in 2022 to 2032 12.4%
Current Valuation in 2022 US$ 1,296 Million
Projected Valuation in 2032 US$ 3,968 Million
Demand Drivers
  • Rising concerns regarding food safety and a surging focus on holistic wellness therapies are anticipated to augment sales.
  • An increasing number of clinical trials to study the efficacy of quercetin in the treatment of Alzheimer's, diabetes, and heart disease would bolster growth.
Nandini Roy Choudhury
Nandini Roy Choudhury

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Top Trends Propelling Sales of Polylactic Acid across the Globe

Increasing Demand for Biodegradable Plastics to Boost Sales by 2032

One of the important factors expected to support growth in the global polylactic acid market in the evaluation period is the increasing trend for bio-based, biodegradable plastics that are preferred by a wide range of end-use industries. Over the last few years, companies in both developing and developed economies have increased their production of bioplastics. Growing demand for polylactic acid in the manufacturing of sutures and stents can also be attributed to medical advancements across the globe.

Country-wise Insights

Why is the Demand for Polylactic Acid Growing Astonishingly in the USA?

Sales of Polylactic Acid Products to Skyrocket in the USA Amid Rising Research and Development to Find New Application Areas

The USA is considered to be one of the leading industries for polylactic acids. As per FMI, North America is likely to generate a share of around 29.5% in the forecast period with an increasing number of research and development (Research and Development) activities across the USA for coming up with new application areas of polylactic acid.

How Are China-based Polylactic Acid Manufacturers Progressing?

Key Players in China to Look for Polylactic Acid Resins to Bring about Sustainability

In the next ten years, Asia Pacific is expected to develop rapidly on the back of the rising inclination of consumers in China towards bio-based products. With the ongoing advancement of technology, the involvement of leading market players has helped in creating more polylactic acid-based applications concerning the requirements of end users.

Population growth, economic stability, innovations in the 3D printing industry, and surging demand for food products are anticipated to shape future demand for polylactic acid in the food and packaging industries. Also, significant leakage of packaging materials into the environment has surged dramatically in China, which has made companies look for sustainability in packaging.

Why is the UK Set to Become a Leading Polylactic Acid Producer?

The emergence of the ‘Bio-Plastics Europe’ Project to Augment Demand for Polylactic Acid Biopolymers in the UK

Due to the growing awareness and high preference for bio-based plastics in the UK, Europe is likely to create numerous growth opportunities for polylactic acid manufacturers. The Bio-Plastics Europe project, for instance, is formulating and executing sustainable solutions for bio-based plastic manufacturing and use in Europe to protect land & sea quality.

Bioplastics are becoming more popular in the production of plastic bags in the UK since they are environmentally beneficial. Government agencies in the country have also begun to use them, which would positively affect growth in the market.

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Category-wise Insights

Which is the Most Preferred Product Type across the Globe?

Bioplastic Polylactic Acid Sheets to Create High Demand among Companies Worldwide

Based on product type, the film segment is anticipated to generate the lion’s share in the global market throughout the forecast period. Polylactic acid films are exponentially used in the field of 3D printing as they are less expensive, compared to other products.

Additionally, polylactic acid films can significantly reduce the carbon footprint of a package. These films offer an environmentally sustainable alternative to conventional polyethylene films.

Demand for polylactic acid sheets, on the other hand, is increasing day by day as they have the property of biocompatibility and biodegradability. Polylactic acid sheets are considered to be impact-resistant and workable plates that are easy to print on. These sheets are likely to be used for signage point-of-saleable equipment.

Who is the Leading End User of Polylactic Acid across the Globe?

Requirement of Polylactic Acid in 3D Printing to Surge at a Fast Pace by 2032

The global market for polylactic acid is set to be dominated by the 3D printing end-use category in 2022, which accounted for a revenue share of about 44.4%. Properties of polylactic acid such as biocompatibility, biodegradability, and non-toxicity, along with its thermomechanical properties, make it an effective match for use in various medical applications, particularly medical implants.

Pharmaceutical companies are constantly striving to optimize medication delivery to improve the therapeutic effects of medicines while avoiding side effects. Polyesters such as polylactic acids have been widely employed in drug administration owing to their biodegradability and changeable mechanical characteristics.

Competitive Landscape

With a large number of manufacturers operating worldwide, the global market for polylactic acid is highly competitive. Key companies are investing extensively in research & development activities, which is expected to boost the overall market over the next ten years.

Meanwhile, some of the other companies are focusing on expanding their product portfolios, as well as engaging in mergers and acquisitions. These unique strategies are set to provide them with significant development possibilities throughout the projection period.

For instance,

  • In August 2022, LG Chem, which is a prominent chemical company, signed two joint ventures with ADM, a renowned nutrition and bio solutions brand, for the production of polylactic acid and lactic acid in the USA They are aiming to fulfill the unmet need for a wide range of plant-based products such as bioplastics with these joint ventures.

Scope of the Report

Attribute Details
Estimated Market Size (2022) US$ 1.0 Billion
Projected Market Valuation (2032) US$ 3.1 Billion
Value-based CAGR (2022 to 2032) 11.9%
Forecast Period 2022 to 2032
Historical Data Available for 2017 to 2021
Market Analysis Value (US$ Billion)
Key Regions Covered North America, Latin America, Europe, East Asia, South Asia, and the Middle East & Africa
Key Countries Covered USA, Brazil, Mexico, Germany, UK, China, India, Japan, Australia, and GCC Countries
Key Segments Covered Product Type, End Use, and Region
Key Companies Profiled
  • Toray Industries Inc.
  • Stora Enso Oyj.
  • Amcor Plc
  • LG Chem and ADM (JV)
  • Evonik Industries AG
  • Total-Corbion PLA
  • Henan Jindan Lactic Acid Co. Ltd.
  • NatureWorks LLC
  • Galactic
  • Sulzer Chemtech
Report Coverage Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Polylactic Acid Market Outlook by Category

By Product Type:

  • Films
  • Sheets
  • Coatings
  • Fibers

By End Use:

  • Packaging
  • Biomedical
  • 3D Printing

By Region:

  • North America
  • Latin America
  • Europe
  • Middle East and Africa
  • East Asia
  • South Asia
  • Oceania

Frequently Asked Questions

How big is the polylactic acid industry?

The polylactic acid industry is expected to reach nearly US$ 1.0 Billion by 2022.

What is the North America polylactic acid market outlook?

The North America polylactic acid industry is expected to register a 10.7% CAGR between 2022 and 2032.

At what rate will the market for polylactic acid grow in Europe?

The demand for polylactic acid is expected to grow at 12.8% CAGR between 2022 and 2032 in Europe.

What are the key trends shaping the market for polylactic acid?

The market for polylactic acid is predicted to be driven by its rising utilization in the manufacturing of green packaging. Increasing trend for bio-based products is also projected to drive the market.

At what rate will the demand for polylactic acid grow in China?

The demand for polylactic acid in China is projected to grow at 10.7% CAGR between 2022 and 2032.

Table of Content

1. Executive Summary | Polylactic Acid Market

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Product launches & Recent Developments

    3.4. Product Life Cycle Analysis

    3.5. Value Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. % of Operating Margin Analysis

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyers

    3.6. Global Market - Pricing Analysis

        3.6.1. Price Point Assessment by Region

        3.6.2. Price Point Assessment by Product Type

        3.6.3. Price Forecast till 2032

        3.6.4. Factors affecting pricing

    3.7. Forecast Factors - Relevance & Impact

    3.8. Demand Assessment By Source

    3.9. Regulatory Landscape

        3.9.1. Packaging & Labelling Regulations

        3.9.2. Certifications and Certifying Agency Overview

        3.9.3. Import/Export Policies

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

    3.13. Consumers Survey Analysis

    3.14. Macro-Economic Factors

    3.15. Product Claims & Nutritional Information scanned by Buyers

4. Global Analysis 2017 to 2021 and Forecast, 2022 to 2032

    4.1. Historical Market Size Value (US$ Billion) & Volume (MT) Analysis, 2017 to 2021

    4.2. Current and Future Market Size Value (US$ Billion) & Volume (MT) Projections, 2022 to 2032

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Billion) & Volume (MT) Analysis By Product Type, 2017 to 2021

    5.3. Current and Future Market Size Value (US$ Billion) & Volume (MT) Analysis and Forecast By Product Type, 2022 to 2032

        5.3.1. Films

        5.3.2. Sheets

        5.3.3. Coatings

        5.3.4. Fibers

    5.4. Y-o-Y Growth Trend Analysis By Product Type, 2017 to 2021

    5.5. Absolute $ Opportunity Analysis By Product Type, 2022 to 2032

6. Global Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use 

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Billion) & Volume (MT) Analysis By End Use, 2017 to 2021

    6.3. Current and Future Market Size Value (US$ Billion) & Volume (MT) Analysis and Forecast By End Use, 2022 to 2032

        6.3.1. Packaging

        6.3.2. Biomedical

        6.3.3. 3D Printing

    6.4. Y-o-Y Growth Trend Analysis By End Use, 2017 to 2021

    6.5. Absolute $ Opportunity Analysis By End Use, 2022 to 2032

7. Global Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region

    7.1. Introduction

    7.2. Historical Market Size Value (US$ Billion) & Volume (MT) Analysis By Region, 2017 to 2021

    7.3. Current Market Size Value (US$ Billion) & Volume (MT) Analysis and Forecast By Region, 2022 to 2032

        7.3.1. North America

        7.3.2. Latin America

        7.3.3. Europe

        7.3.4. Middle East and Africa

        7.3.5. South Asia

        7.3.6. Oceania

        7.3.7. East Asia

    7.4. Market Attractiveness Analysis By Region

8. North America Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    8.1. Historical Market Size Value (US$ Billion) & Volume (MT) Trend Analysis By Market Taxonomy, 2017 to 2021

    8.2. Market Size Value (US$ Billion) & Volume (MT) Forecast By Market Taxonomy, 2022 to 2032

        8.2.1. By Country

            8.2.1.1. United States of America

            8.2.1.2. Canada

        8.2.2. By Product Type

        8.2.3. By End Use

    8.3. Market Attractiveness Analysis

        8.3.1. By Country

        8.3.2. By Product Type

        8.3.3. By End Use

    8.4. Key Takeaways

9. Latin America Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    9.1. Historical Market Size Value (US$ Billion) & Volume (MT) Trend Analysis By Market Taxonomy, 2017 to 2021

    9.2. Market Size Value (US$ Billion) & Volume (MT) Forecast By Market Taxonomy, 2022 to 2032

        9.2.1. By Country

            9.2.1.1. Brazil

            9.2.1.2. Mexico

            9.2.1.3. Argentina

            9.2.1.4. Rest of Latin America

        9.2.2. By Product Type

        9.2.3. By End Use

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Product Type

        9.3.3. By End Use

    9.4. Key Takeaways

10. Europe Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    10.1. Historical Market Size Value (US$ Billion) & Volume (MT) Trend Analysis By Market Taxonomy, 2017 to 2021

    10.2. Market Size Value (US$ Billion) & Volume (MT) Forecast By Market Taxonomy, 2022 to 2032

        10.2.1. By Country

            10.2.1.1. Germany

            10.2.1.2. UK

            10.2.1.3. France

            10.2.1.4. Italy

            10.2.1.5. Spain

            10.2.1.6. BENELUX

            10.2.1.7. Nordic

            10.2.1.8. Russia

            10.2.1.9. Poland

            10.2.1.10. Rest of Europe

        10.2.2. By Product Type

        10.2.3. By End Use

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Product Type

        10.3.3. By End Use

    10.4. Key Takeaways

11. East Asia Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    11.1. Historical Market Size Value (US$ Billion) & Volume (MT) Trend Analysis By Market Taxonomy, 2017 to 2021

    11.2. Market Size Value (US$ Billion) & Volume (MT) Forecast By Market Taxonomy, 2022 to 2032

        11.2.1. By Country

            11.2.1.1. China

            11.2.1.2. Japan

            11.2.1.3. South Korea

        11.2.2. By Product Type

        11.2.3. By End Use

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Product Type

        11.3.3. By End Use

    11.4. Key Takeaways

12. South Asia Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    12.1. Historical Market Size Value (US$ Billion) & Volume (MT) Trend Analysis By Market Taxonomy, 2017 to 2021

    12.2. Market Size Value (US$ Billion) & Volume (MT) Forecast By Market Taxonomy, 2022 to 2032

        12.2.1. By Country

            12.2.1.1. India

            12.2.1.2. Thailand

            12.2.1.3. Malaysia

            12.2.1.4. Indonesia

            12.2.1.5. Philippines

            12.2.1.6. Singapore

            12.2.1.7. Rest of South Asia

        12.2.2. By Product Type

        12.2.3. By End Use

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Product Type

        12.3.3. By End Use

    12.4. Key Takeaways

13. Oceania Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    13.1. Historical Market Size Value (US$ Billion) & Volume (MT) Trend Analysis By Market Taxonomy, 2017 to 2021

    13.2. Market Size Value (US$ Billion) & Volume (MT) Forecast By Market Taxonomy, 2022 to 2032

        13.2.1. By Country

            13.2.1.1. Australia

            13.2.1.2. New Zealand

        13.2.2. By Product Type

        13.2.3. By End Use

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Product Type

        13.3.3. By End Use

    13.4. Key Takeaways

14. MEA Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    14.1. Historical Market Size Value (US$ Billion) & Volume (MT) Trend Analysis By Market Taxonomy, 2017 to 2021

    14.2. Market Size Value (US$ Billion) & Volume (MT) Forecast By Market Taxonomy, 2022 to 2032

        14.2.1. By Country

            14.2.1.1. GCC Countries

            14.2.1.2. South Africa

            14.2.1.3. Rest of MEA

        14.2.2. By Product Type

        14.2.3. By End Use

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Product Type

        14.3.3. By End Use

    14.4. Key Takeaways

15. Key Countries Analysis

    15.1. US

        15.1.1. Pricing Analysis

        15.1.2. Market Share Analysis, 2021

            15.1.2.1. By Product Type

            15.1.2.2. By End Use

    15.2. Canada

        15.2.1. Pricing Analysis

        15.2.2. Market Share Analysis, 2021

            15.2.2.1. By Product Type

            15.2.2.2. By End Use

    15.3. Brazil

        15.3.1. Pricing Analysis

        15.3.2. Market Share Analysis, 2021

            15.3.2.1. By Product Type

            15.3.2.2. By End Use

    15.4. Mexico

        15.4.1. Pricing Analysis

        15.4.2. Market Share Analysis, 2021

            15.4.2.1. By Product Type

            15.4.2.2. By End Use

    15.5. Argentina

        15.5.1. Pricing Analysis

        15.5.2. Market Share Analysis, 2021

            15.5.2.1. By Product Type

            15.5.2.2. By End Use

    15.6. Chile

        15.6.1. Pricing Analysis

        15.6.2. Market Share Analysis, 2021

            15.6.2.1. By Product Type

            15.6.2.2. By End Use

    15.7. Peru

        15.7.1. Pricing Analysis

        15.7.2. Market Share Analysis, 2021

            15.7.2.1. By Product Type

            15.7.2.2. By End Use

    15.8. Germany

        15.8.1. Pricing Analysis

        15.8.2. Market Share Analysis, 2021

            15.8.2.1. By Product Type

            15.8.2.2. By End Use

    15.9. Italy

        15.9.1. Pricing Analysis

        15.9.2. Market Share Analysis, 2021

            15.9.2.1. By Product Type

            15.9.2.2. By End Use

    15.10. France

        15.10.1. Pricing Analysis

        15.10.2. Market Share Analysis, 2021

            15.10.2.1. By Product Type

            15.10.2.2. By End Use

    15.11. Spain

        15.11.1. Pricing Analysis

        15.11.2. Market Share Analysis, 2021

            15.11.2.1. By Product Type

            15.11.2.2. By End Use

    15.12. United Kingdom

        15.12.1. Pricing Analysis

        15.12.2. Market Share Analysis, 2021

            15.12.2.1. By Product Type

            15.12.2.2. By End Use

    15.13. Russia

        15.13.1. Pricing Analysis

        15.13.2. Market Share Analysis, 2021

            15.13.2.1. By Product Type

            15.13.2.2. By End Use

    15.14. Poland

        15.14.1. Pricing Analysis

        15.14.2. Market Share Analysis, 2021

            15.14.2.1. By Product Type

            15.14.2.2. By End Use

    15.15. BENELUX

        15.15.1. Pricing Analysis

        15.15.2. Market Share Analysis, 2021

            15.15.2.1. By Product Type

            15.15.2.2. By End Use

    15.16. Nordic Countries

        15.16.1. Pricing Analysis

        15.16.2. Market Share Analysis, 2021

            15.16.2.1. By Product Type

            15.16.2.2. By End Use

    15.17. China

        15.17.1. Pricing Analysis

        15.17.2. Market Share Analysis, 2021

            15.17.2.1. By Product Type

            15.17.2.2. By End Use

    15.18. Japan

        15.18.1. Pricing Analysis

        15.18.2. Market Share Analysis, 2021

            15.18.2.1. By Product Type

            15.18.2.2. By End Use

    15.19. South Korea

        15.19.1. Pricing Analysis

        15.19.2. Market Share Analysis, 2021

            15.19.2.1. By Product Type

            15.19.2.2. By End Use

    15.20. India

        15.20.1. Pricing Analysis

        15.20.2. Market Share Analysis, 2021

            15.20.2.1. By Product Type

            15.20.2.2. By End Use

    15.21. Thailand

        15.21.1. Pricing Analysis

        15.21.2. Market Share Analysis, 2021

            15.21.2.1. By Product Type

            15.21.2.2. By End Use

    15.22. Indonesia

        15.22.1. Pricing Analysis

        15.22.2. Market Share Analysis, 2021

            15.22.2.1. By Product Type

            15.22.2.2. By End Use

    15.23. Malaysia

        15.23.1. Pricing Analysis

        15.23.2. Market Share Analysis, 2021

            15.23.2.1. By Product Type

            15.23.2.2. By End Use

    15.24. Singapore

        15.24.1. Pricing Analysis

        15.24.2. Market Share Analysis, 2021

            15.24.2.1. By Product Type

            15.24.2.2. By End Use

    15.25. Australia

        15.25.1. Pricing Analysis

        15.25.2. Market Share Analysis, 2021

            15.25.2.1. By Product Type

            15.25.2.2. By End Use

    15.26. New Zealand

        15.26.1. Pricing Analysis

        15.26.2. Market Share Analysis, 2021

            15.26.2.1. By Product Type

            15.26.2.2. By End Use

    15.27. GCC Countries

        15.27.1. Pricing Analysis

        15.27.2. Market Share Analysis, 2021

            15.27.2.1. By Product Type

            15.27.2.2. By End Use

    15.28. South Africa

        15.28.1. Pricing Analysis

        15.28.2. Market Share Analysis, 2021

            15.28.2.1. By Product Type

            15.28.2.2. By End Use

    15.29. North Africa

        15.29.1. Pricing Analysis

        15.29.2. Market Share Analysis, 2021

            15.29.2.1. By Product Type

            15.29.2.2. By End Use

    15.30. Central Africa

        15.30.1. Pricing Analysis

        15.30.2. Market Share Analysis, 2021

            15.30.2.1. By Product Type

            15.30.2.2. By End Use

16. Market Structure Analysis

    16.1. Competition Dashboard

    16.2. Competition Benchmarking

    16.3. Market Share Analysis of Top Players

        16.3.1. By Regional

        16.3.2. By Product Type

        16.3.3. By End Use

17. Competition Analysis

    17.1. Competition Deep Dive

        17.1.1. NatureWorks LLC

            17.1.1.1. Overview

            17.1.1.2. Product Portfolio

            17.1.1.3. Profitability by Market Segments (Product/Age /Sales Channel/Region)

            17.1.1.4. Sales Footprint

            17.1.1.5. Strategy Overview

                17.1.1.5.1. Marketing Strategy

                17.1.1.5.2. Product Strategy

                17.1.1.5.3. Channel Strategy

        17.1.2. Toray Industries Inc

            17.1.2.1. Overview

            17.1.2.2. Product Portfolio

            17.1.2.3. Profitability by Market Segments (Product/Age /Sales Channel/Region)

            17.1.2.4. Sales Footprint

            17.1.2.5. Strategy Overview

                17.1.2.5.1. Marketing Strategy

                17.1.2.5.2. Product Strategy

                17.1.2.5.3. Channel Strategy

        17.1.3. Stora Enso Oyj.

            17.1.3.1. Overview

            17.1.3.2. Product Portfolio

            17.1.3.3. Profitability by Market Segments (Product/Age /Sales Channel/Region)

            17.1.3.4. Sales Footprint

            17.1.3.5. Strategy Overview

                17.1.3.5.1. Marketing Strategy

                17.1.3.5.2. Product Strategy

                17.1.3.5.3. Channel Strategy

        17.1.4. Amcor Plc

            17.1.4.1. Overview

            17.1.4.2. Product Portfolio

            17.1.4.3. Profitability by Market Segments (Product/Age /Sales Channel/Region)

            17.1.4.4. Sales Footprint

            17.1.4.5. Strategy Overview

                17.1.4.5.1. Marketing Strategy

                17.1.4.5.2. Product Strategy

                17.1.4.5.3. Channel Strategy

        17.1.5. LG Chem and ADM (JV)

            17.1.5.1. Overview

            17.1.5.2. Product Portfolio

            17.1.5.3. Profitability by Market Segments (Product/Age /Sales Channel/Region)

            17.1.5.4. Sales Footprint

            17.1.5.5. Strategy Overview

                17.1.5.5.1. Marketing Strategy

                17.1.5.5.2. Product Strategy

                17.1.5.5.3. Channel Strategy

        17.1.6. Evonik Industries AG

            17.1.6.1. Overview

            17.1.6.2. Product Portfolio

            17.1.6.3. Profitability by Market Segments (Product/Age /Sales Channel/Region)

            17.1.6.4. Sales Footprint

            17.1.6.5. Strategy Overview

                17.1.6.5.1. Marketing Strategy

                17.1.6.5.2. Product Strategy

                17.1.6.5.3. Channel Strategy

        17.1.7. Total-Corbion PLA

            17.1.7.1. Overview

            17.1.7.2. Product Portfolio

            17.1.7.3. Profitability by Market Segments (Product/Age /Sales Channel/Region)

            17.1.7.4. Sales Footprint

            17.1.7.5. Strategy Overview

                17.1.7.5.1. Marketing Strategy

                17.1.7.5.2. Product Strategy

                17.1.7.5.3. Channel Strategy

        17.1.8. Henan Jindan Lactic Acid Co. Ltd.

            17.1.8.1. Overview

            17.1.8.2. Product Portfolio

            17.1.8.3. Profitability by Market Segments (Product/Age /Sales Channel/Region)

            17.1.8.4. Sales Footprint

            17.1.8.5. Strategy Overview

                17.1.8.5.1. Marketing Strategy

                17.1.8.5.2. Product Strategy

                17.1.8.5.3. Channel Strategy

        17.1.9. Galactic 

            17.1.9.1. Overview

            17.1.9.2. Product Portfolio

            17.1.9.3. Profitability by Market Segments (Product/Age /Sales Channel/Region)

            17.1.9.4. Sales Footprint

            17.1.9.5. Strategy Overview

                17.1.9.5.1. Marketing Strategy

                17.1.9.5.2. Product Strategy

                17.1.9.5.3. Channel Strategy

        17.1.10. Sulzer Chemtech

            17.1.10.1. Overview

            17.1.10.2. Product Portfolio

            17.1.10.3. Profitability by Market Segments (Product/Age /Sales Channel/Region)

            17.1.10.4. Sales Footprint

            17.1.10.5. Strategy Overview

                17.1.10.5.1. Marketing Strategy

                17.1.10.5.2. Product Strategy

                17.1.10.5.3. Channel Strategy

        17.1.11. Unitika Ltd.

            17.1.11.1. Overview

            17.1.11.2. Product Portfolio

            17.1.11.3. Profitability by Market Segments (Product/Age /Sales Channel/Region)

            17.1.11.4. Sales Footprint

            17.1.11.5. Strategy Overview

                17.1.11.5.1. Marketing Strategy

                17.1.11.5.2. Product Strategy

                17.1.11.5.3. Channel Strategy

        17.1.12. Hong Jun Bio-based Composite Technology Co., Ltd

            17.1.12.1. Overview

            17.1.12.2. Product Portfolio

            17.1.12.3. Profitability by Market Segments (Product/Age /Sales Channel/Region)

            17.1.12.4. Sales Footprint

            17.1.12.5. Strategy Overview

                17.1.12.5.1. Marketing Strategy

                17.1.12.5.2. Product Strategy

                17.1.12.5.3. Channel Strategy

        17.1.13. Danimer Scientific

            17.1.13.1. Overview

            17.1.13.2. Product Portfolio

            17.1.13.3. Profitability by Market Segments (Product/Age /Sales Channel/Region)

            17.1.13.4. Sales Footprint

            17.1.13.5. Strategy Overview

                17.1.13.5.1. Marketing Strategy

                17.1.13.5.2. Product Strategy

                17.1.13.5.3. Channel Strategy

        17.1.14. Futerro

            17.1.14.1. Overview

            17.1.14.2. Product Portfolio

            17.1.14.3. Profitability by Market Segments (Product/Age /Sales Channel/Region)

            17.1.14.4. Sales Footprint

            17.1.14.5. Strategy Overview

                17.1.14.5.1. Marketing Strategy

                17.1.14.5.2. Product Strategy

                17.1.14.5.3. Channel Strategy

        17.1.15. Other Players (On Additional Requests)

            17.1.15.1. Overview

            17.1.15.2. Product Portfolio

            17.1.15.3. Profitability by Market Segments (Product/Age /Sales Channel/Region)

            17.1.15.4. Sales Footprint

            17.1.15.5. Strategy Overview

                17.1.15.5.1. Marketing Strategy

                17.1.15.5.2. Product Strategy

                17.1.15.5.3. Channel Strategy

18. Assumptions & Acronyms Used

19. Research Methodology

List of Tables

Table: 1 Global Market Value (US$ Billion) Forecast by Region, 2017 to 2032

Table: 2 Global Market Volume (MT) Forecast by Region, 2017 to 2032

Table: 3 Global Market Value (US$ Billion) Forecast by Product Type, 2017 to 2032

Table: 4 Global Market Volume (MT) Forecast by Product Type, 2017 to 2032

Table: 5 Global Market Value (US$ Billion) Forecast by End Use, 2017 to 2032

Table: 6 Global Market Volume (MT) Forecast by End Use, 2017 to 2032

Table: 7 North America Market Value (US$ Billion) Forecast by Country, 2017 to 2032

Table: 8 North America Market Volume (MT) Forecast by Country, 2017 to 2032

Table: 9 North America Market Value (US$ Billion) Forecast by Product Type, 2017 to 2032

Table: 10 North America Market Volume (MT) Forecast by Product Type, 2017 to 2032

Table: 11 North America Market Value (US$ Billion) Forecast by End Use, 2017 to 2032

Table: 12 North America Market Volume (MT) Forecast by End Use, 2017 to 2032

Table: 13 Latin America Market Value (US$ Billion) Forecast by Country, 2017 to 2032

Table: 14 Latin America Market Volume (MT) Forecast by Country, 2017 to 2032

Table: 15 Latin America Market Value (US$ Billion) Forecast by Product Type, 2017 to 2032

Table: 16 Latin America Market Volume (MT) Forecast by Product Type, 2017 to 2032

Table: 17 Latin America Market Value (US$ Billion) Forecast by End Use, 2017 to 2032

Table: 18 Latin America Market Volume (MT) Forecast by End Use, 2017 to 2032

Table: 19 Europe Market Value (US$ Billion) Forecast by Country, 2017 to 2032

Table: 20 Europe Market Volume (MT) Forecast by Country, 2017 to 2032

Table: 21 Europe Market Value (US$ Billion) Forecast by Product Type, 2017 to 2032

Table: 22 Europe Market Volume (MT) Forecast by Product Type, 2017 to 2032

Table: 23 Europe Market Value (US$ Billion) Forecast by End Use, 2017 to 2032

Table: 24 Europe Market Volume (MT) Forecast by End Use, 2017 to 2032

Table: 25 East Asia Market Value (US$ Billion) Forecast by Country, 2017 to 2032

Table: 26 East Asia Market Volume (MT) Forecast by Country, 2017 to 2032

Table: 27 East Asia Market Value (US$ Billion) Forecast by Product Type, 2017 to 2032

Table: 28 East Asia Market Volume (MT) Forecast by Product Type, 2017 to 2032

Table: 29 East Asia Market Value (US$ Billion) Forecast by End Use, 2017 to 2032

Table: 30 East Asia Market Volume (MT) Forecast by End Use, 2017 to 2032

Table: 31 South Asia Market Value (US$ Billion) Forecast by Country, 2017 to 2032

Table: 32 South Asia Market Volume (MT) Forecast by Country, 2017 to 2032

Table: 33 South Asia Market Value (US$ Billion) Forecast by Product Type, 2017 to 2032

Table: 34 South Asia Market Volume (MT) Forecast by Product Type, 2017 to 2032

Table: 35 South Asia Market Value (US$ Billion) Forecast by End Use, 2017 to 2032

Table: 36 South Asia Market Volume (MT) Forecast by End Use, 2017 to 2032

Table: 37 Oceania Market Value (US$ Billion) Forecast by Country, 2017 to 2032

Table: 38 Oceania Market Volume (MT) Forecast by Country, 2017 to 2032

Table: 39 Oceania Market Value (US$ Billion) Forecast by Product Type, 2017 to 2032

Table: 40 Oceania Market Volume (MT) Forecast by Product Type, 2017 to 2032

Table: 41 Oceania Market Value (US$ Billion) Forecast by End Use, 2017 to 2032

Table: 42 Oceania Market Volume (MT) Forecast by End Use, 2017 to 2032

Table: 43 MEA Market Value (US$ Billion) Forecast by Country, 2017 to 2032

Table: 44 MEA Market Volume (MT) Forecast by Country, 2017 to 2032

Table: 45 MEA Market Value (US$ Billion) Forecast by Product Type, 2017 to 2032

Table: 46 MEA Market Volume (MT) Forecast by Product Type, 2017 to 2032

Table: 47 MEA Market Value (US$ Billion) Forecast by End Use, 2017 to 2032

Table: 48 MEA Market Volume (MT) Forecast by End Use, 2017 to 2032

List of Charts

Figure 1: Global Market Value (US$ Billion) by Product Type, 2022 to 2032

Figure 2: Global Market Value (US$ Billion) by End Use, 2022 to 2032

Figure 3: Global Market Value (US$ Billion) by Region, 2022 to 2032

Figure 4: Global Market Value (US$ Billion) Analysis by Region, 2017 to 2032

Figure 5: Global Market Volume (MT) Analysis by Region, 2017 to 2032

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032

Figure 8: Global Market Value (US$ Billion) Analysis by Product Type, 2017 to 2032

Figure 9: Global Market Volume (MT) Analysis by Product Type, 2017 to 2032

Figure 10: Global Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032

Figure 11: Global Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032

Figure 12: Global Market Value (US$ Billion) Analysis by End Use, 2017 to 2032

Figure 13: Global Market Volume (MT) Analysis by End Use, 2017 to 2032

Figure 14: Global Market Value Share (%) and BPS Analysis by End Use, 2022 to 2032

Figure 15: Global Market Y-o-Y Growth (%) Projections by End Use, 2022 to 2032

Figure 16: Global Market Attractiveness by Product Type, 2022 to 2032

Figure 17: Global Market Attractiveness by End Use, 2022 to 2032

Figure 18: Global Market Attractiveness by Region, 2022 to 2032

Figure 19: North America Market Value (US$ Billion) by Product Type, 2022 to 2032

Figure 20: North America Market Value (US$ Billion) by End Use, 2022 to 2032

Figure 21: North America Market Value (US$ Billion) by Country, 2022 to 2032

Figure 22: North America Market Value (US$ Billion) Analysis by Country, 2017 to 2032

Figure 23: North America Market Volume (MT) Analysis by Country, 2017 to 2032

Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 26: North America Market Value (US$ Billion) Analysis by Product Type, 2017 to 2032

Figure 27: North America Market Volume (MT) Analysis by Product Type, 2017 to 2032

Figure 28: North America Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032

Figure 29: North America Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032

Figure 30: North America Market Value (US$ Billion) Analysis by End Use, 2017 to 2032

Figure 31: North America Market Volume (MT) Analysis by End Use, 2017 to 2032

Figure 32: North America Market Value Share (%) and BPS Analysis by End Use, 2022 to 2032

Figure 33: North America Market Y-o-Y Growth (%) Projections by End Use, 2022 to 2032

Figure 34: North America Market Attractiveness by Product Type, 2022 to 2032

Figure 35: North America Market Attractiveness by End Use, 2022 to 2032

Figure 36: North America Market Attractiveness by Country, 2022 to 2032

Figure 37: Latin America Market Value (US$ Billion) by Product Type, 2022 to 2032

Figure 38: Latin America Market Value (US$ Billion) by End Use, 2022 to 2032

Figure 39: Latin America Market Value (US$ Billion) by Country, 2022 to 2032

Figure 40: Latin America Market Value (US$ Billion) Analysis by Country, 2017 to 2032

Figure 41: Latin America Market Volume (MT) Analysis by Country, 2017 to 2032

Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 44: Latin America Market Value (US$ Billion) Analysis by Product Type, 2017 to 2032

Figure 45: Latin America Market Volume (MT) Analysis by Product Type, 2017 to 2032

Figure 46: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032

Figure 48: Latin America Market Value (US$ Billion) Analysis by End Use, 2017 to 2032

Figure 49: Latin America Market Volume (MT) Analysis by End Use, 2017 to 2032

Figure 50: Latin America Market Value Share (%) and BPS Analysis by End Use, 2022 to 2032

Figure 51: Latin America Market Y-o-Y Growth (%) Projections by End Use, 2022 to 2032

Figure 52: Latin America Market Attractiveness by Product Type, 2022 to 2032

Figure 53: Latin America Market Attractiveness by End Use, 2022 to 2032

Figure 54: Latin America Market Attractiveness by Country, 2022 to 2032

Figure 55: Europe Market Value (US$ Billion) by Product Type, 2022 to 2032

Figure 56: Europe Market Value (US$ Billion) by End Use, 2022 to 2032

Figure 57: Europe Market Value (US$ Billion) by Country, 2022 to 2032

Figure 58: Europe Market Value (US$ Billion) Analysis by Country, 2017 to 2032

Figure 59: Europe Market Volume (MT) Analysis by Country, 2017 to 2032

Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 62: Europe Market Value (US$ Billion) Analysis by Product Type, 2017 to 2032

Figure 63: Europe Market Volume (MT) Analysis by Product Type, 2017 to 2032

Figure 64: Europe Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032

Figure 65: Europe Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032

Figure 66: Europe Market Value (US$ Billion) Analysis by End Use, 2017 to 2032

Figure 67: Europe Market Volume (MT) Analysis by End Use, 2017 to 2032

Figure 68: Europe Market Value Share (%) and BPS Analysis by End Use, 2022 to 2032

Figure 69: Europe Market Y-o-Y Growth (%) Projections by End Use, 2022 to 2032

Figure 70: Europe Market Attractiveness by Product Type, 2022 to 2032

Figure 71: Europe Market Attractiveness by End Use, 2022 to 2032

Figure 72: Europe Market Attractiveness by Country, 2022 to 2032

Figure 73: East Asia Market Value (US$ Billion) by Product Type, 2022 to 2032

Figure 74: East Asia Market Value (US$ Billion) by End Use, 2022 to 2032

Figure 75: East Asia Market Value (US$ Billion) by Country, 2022 to 2032

Figure 76: East Asia Market Value (US$ Billion) Analysis by Country, 2017 to 2032

Figure 77: East Asia Market Volume (MT) Analysis by Country, 2017 to 2032

Figure 78: East Asia Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 79: East Asia Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 80: East Asia Market Value (US$ Billion) Analysis by Product Type, 2017 to 2032

Figure 81: East Asia Market Volume (MT) Analysis by Product Type, 2017 to 2032

Figure 82: East Asia Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032

Figure 83: East Asia Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032

Figure 84: East Asia Market Value (US$ Billion) Analysis by End Use, 2017 to 2032

Figure 85: East Asia Market Volume (MT) Analysis by End Use, 2017 to 2032

Figure 86: East Asia Market Value Share (%) and BPS Analysis by End Use, 2022 to 2032

Figure 87: East Asia Market Y-o-Y Growth (%) Projections by End Use, 2022 to 2032

Figure 88: East Asia Market Attractiveness by Product Type, 2022 to 2032

Figure 89: East Asia Market Attractiveness by End Use, 2022 to 2032

Figure 90: East Asia Market Attractiveness by Country, 2022 to 2032

Figure 91: South Asia Market Value (US$ Billion) by Product Type, 2022 to 2032

Figure 92: South Asia Market Value (US$ Billion) by End Use, 2022 to 2032

Figure 93: South Asia Market Value (US$ Billion) by Country, 2022 to 2032

Figure 94: South Asia Market Value (US$ Billion) Analysis by Country, 2017 to 2032

Figure 95: South Asia Market Volume (MT) Analysis by Country, 2017 to 2032

Figure 96: South Asia Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 97: South Asia Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 98: South Asia Market Value (US$ Billion) Analysis by Product Type, 2017 to 2032

Figure 99: South Asia Market Volume (MT) Analysis by Product Type, 2017 to 2032

Figure 100: South Asia Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032

Figure 101: South Asia Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032

Figure 102: South Asia Market Value (US$ Billion) Analysis by End Use, 2017 to 2032

Figure 103: South Asia Market Volume (MT) Analysis by End Use, 2017 to 2032

Figure 104: South Asia Market Value Share (%) and BPS Analysis by End Use, 2022 to 2032

Figure 105: South Asia Market Y-o-Y Growth (%) Projections by End Use, 2022 to 2032

Figure 106: South Asia Market Attractiveness by Product Type, 2022 to 2032

Figure 107: South Asia Market Attractiveness by End Use, 2022 to 2032

Figure 108: South Asia Market Attractiveness by Country, 2022 to 2032

Figure 109: Oceania Market Value (US$ Billion) by Product Type, 2022 to 2032

Figure 110: Oceania Market Value (US$ Billion) by End Use, 2022 to 2032

Figure 111: Oceania Market Value (US$ Billion) by Country, 2022 to 2032

Figure 112: Oceania Market Value (US$ Billion) Analysis by Country, 2017 to 2032

Figure 113: Oceania Market Volume (MT) Analysis by Country, 2017 to 2032

Figure 114: Oceania Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 115: Oceania Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 116: Oceania Market Value (US$ Billion) Analysis by Product Type, 2017 to 2032

Figure 117: Oceania Market Volume (MT) Analysis by Product Type, 2017 to 2032

Figure 118: Oceania Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032

Figure 119: Oceania Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032

Figure 120: Oceania Market Value (US$ Billion) Analysis by End Use, 2017 to 2032

Figure 121: Oceania Market Volume (MT) Analysis by End Use, 2017 to 2032

Figure 122: Oceania Market Value Share (%) and BPS Analysis by End Use, 2022 to 2032

Figure 123: Oceania Market Y-o-Y Growth (%) Projections by End Use, 2022 to 2032

Figure 124: Oceania Market Attractiveness by Product Type, 2022 to 2032

Figure 125: Oceania Market Attractiveness by End Use, 2022 to 2032

Figure 126: Oceania Market Attractiveness by Country, 2022 to 2032

Figure 127: MEA Market Value (US$ Billion) by Product Type, 2022 to 2032

Figure 128: MEA Market Value (US$ Billion) by End Use, 2022 to 2032

Figure 129: MEA Market Value (US$ Billion) by Country, 2022 to 2032

Figure 130: MEA Market Value (US$ Billion) Analysis by Country, 2017 to 2032

Figure 131: MEA Market Volume (MT) Analysis by Country, 2017 to 2032

Figure 132: MEA Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 133: MEA Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 134: MEA Market Value (US$ Billion) Analysis by Product Type, 2017 to 2032

Figure 135: MEA Market Volume (MT) Analysis by Product Type, 2017 to 2032

Figure 136: MEA Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032

Figure 137: MEA Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032

Figure 138: MEA Market Value (US$ Billion) Analysis by End Use, 2017 to 2032

Figure 139: MEA Market Volume (MT) Analysis by End Use, 2017 to 2032

Figure 140: MEA Market Value Share (%) and BPS Analysis by End Use, 2022 to 2032

Figure 141: MEA Market Y-o-Y Growth (%) Projections by End Use, 2022 to 2032

Figure 142: MEA Market Attractiveness by Product Type, 2022 to 2032

Figure 143: MEA Market Attractiveness by End Use, 2022 to 2032

Figure 144: MEA Market Attractiveness by Country, 2022 to 2032

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