Global Lactic Acid and Polylactic Acid Market Research Report provides details on industry overview, chain structure, market competition, market size and share.
June 16, 2021 /MarketersMedia/ —
Lactic acid is a colorless or yellowish organic acid produced by bacteria from the fermentation of carbohydrates such as molasses, cornstarch, and potatoes. It is also naturally formed after a hard workout in muscle tissues and created while preparing food products that have been fermented, such as sauerkraut, yogurt, or sour milk. Lactic acid is being more widely used in cosmetics as a result of increased disposable income, changing consumer lifestyles, and expanding skincare concerns in the face of changing climatic conditions and pollution, all of which are expected to boost the lactic acid market demand. The substance is well-suited for the formulation of hair dyes, shampoos, colors, cosmetics, cleaning products, and moisturizers due to its superior exfoliation, humectants, collagen regeneration, and complex boosting capabilities.
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some of the key players are Cargill, Inc., Galactic, CELLULAC, NatureWorks LLC, Synbra Technology bv, and Weforyou GmbH
Growing customer desire for natural and organic cosmetic components, as well as increasing male acceptance of cosmetic goods, could help the lactic acid market thrive. Manufacturers are largely interested in the development of novel lactic acid manufacturing techniques. For instance, Cargill has created a novel biocatalyst for the synthesis of lactic acid that decreases environmental effects and removes the need for costly chemicals. This biocatalyst contains unique yeast that reduces the amount of gypsum waste produced and gives the firm a competitive edge.
PLA is a commercial alternative to petroleum-based thermoplastics and is flexible biodegradable polyester made from lactic acid. The material is a bioplastic with qualities similar to those of traditional polymers including acrylonitrile butadiene styrene, polyethylene terephthalate, and polypropylene. The component is appropriate for a variety of items, including plastic films, bottles, medical equipment, and 3D printing.
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Polylactic acid market data should be boosted by increased demand for natural textiles as customers become more concerned about sustainability and resource conservation. Polylactic acid has a number of advantages, including excellent durability and tensile strength, as well as the capacity to be turned into filaments by melt spinning, which is both cost-effective and convenient. Fabric producers are progressively combining novel manufacturing technology and long-term business strategies to include natural textiles into their goods, which should propel the sector forward. To address escalating product demand, PLA producers are increasingly expanding their production capacity and building new manufacturing facilities.
Major Topics Covered in this Report:
1. Study Coverage
2. Executive Summary
3. Market Size by Manufacturers
4. Production by Regions
5. Consumption by Regions
6. Market Size by Type
7. Market Size by Application
8. Manufacturers Profiles
9. Production Forecasts
10. Consumption Forecast
11. Upstream, Industry Chain and Downstream Customers Analysis
12. Opportunities and Challenges, Threat and Affecting Factors
13. Key Findings
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