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Global market value polylactic acid 2017-2023

Published by M. Garside, Feb 6, 2019
This statistic shows the market value of polylactic acid worldwide in 2017, and a forecasted figure for 2023. In 2023, it is expected that the market value of polylactic acid will reach a market value of some 2.09 billion U.S. dollars. Polylactic acid is a biodegradable plastic used in industries such as textiles, packaging, and medical devices.

Market value of polylactic acid worldwide in 2017 and 2023 (in million U.S. dollars)

Market value in million U.S. dollars
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Release date

March 2018

Region

Worldwide

Survey time period

2017

Supplementary notes

* Forecasted based on a CAGR of 20.06 percent between 2017 and 2023.

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