Global Polylactic Acid Market Report 2021: China Led the Asia Pacific Market, Accounting for Nearly 53%
Share this article Share this article ResearchAndMarkets.com's offering. The global polylactic acid market size is expected to reach USD 1.82 billion by 2028 registering a CAGR of 18.1% over the forecast period. The market growth is mainly driven by the high demand for flexible packaging due to the increasing popularity of Quick-Service Restaurants (QSRs) and changing consumer preferences. Moreover, the rapid expansion of the end-use industries, such as agriculture, transport, and textile, will support the market growth. The growing packaging sector is anticipated to create high opportunitie...