|DALLAS, August 14, 2014 /PRNewswire/ — The report “Lactic Acid Market by Application (Biodegradable Polymer, Food & Beverage, Personal Care & Pharmaceutical) & Polylactic Acid Market by Application (Packaging, Agriculture, Automobile, Electronics, Textile) & Geography – Global Trends & Forecasts to 2019“ by MarketsandMarkets, defines the Lactic Acid and Polylactic Acid Markets and segments with analyses and projections of the size of each market, based on their sub-segments, in terms of value and volume. It also identifies the driving and restraining factors for the Lactic Acid and Polylactic Acid Markets with analyses of trends, opportunities, burning issues, and winning imperatives.
Browse 138 market data tables with 33 figures spread through 259 pages and in-depth TOC on “Lactic Acid Market & Polylactic Acid Market – Global Trends & Forecasts to 2019“.
The Lactic Acid and Polylactic Acid Markets are driven by the key market players with new product launches as their preferred strategy to sustain the competition in the market.
In 2013, packaging was the largest application for the PLA market, followed by textiles. The other segment includes biomedical devices and domestic goods. In 2013, Biodegradable polymers formed the largest application for lactic acid, followed by food and beverages.
The report includes development strategies and product portfolios of the leading companies. The profiles of leading companies such as Nature works LLC (U.S.), Synbra Technology B.V (Netherlands), Purac (Netherlands) have been included in the report. The report further provides qualitative analysis of the prominent market players and their preferred development strategies.