Global market value polylactic acid 2017-2023

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

Market value in million U.S. dollars
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Source

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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