Polylactic Acid Market 2022 to 2032: Comprehensive Analysis of Growth Trends
As per a recent research report by FMI, a market research and competitive intelligence provider, sales of polylactic acid (PLA) market are estimated to reach a value of US$ 3.1 Bn by 2032, surging at 11.9 % CAGR throughout the evaluation period from 2022 to 2032.
Growing demand for PLA in the manufacturing of bio-based, biodegradable plastics is a key trend that is boosting the market. Over the last few years, companies in both developing and developed economies have increased their production of bioplastics. Growing demand for PLA in the manufa
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