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The global market value of polylactic acid will exceed 2 billion us dollars in 2020
Source: | Author:馨星环保科技 | Published time: 2018-05-24 | 1455 Views | Share:
Demand for polylactic acid (PLA) for packaged products around the world is growing thanks to favorable regulatory measures for environment-friendly products. The PLA can be used for compost, so it is an ideal environmental packaging for food and other consumer products. However, compared with traditional plastics, polylactic acid products have poor performance, which will bring obstacles to industrial application. Changing consumer preferences and increased demand for personal care are expected to improve the use of lactic acid in skin care. The global polylactic acid market will be worth $2bn by 2020, according to a new report by Grand View Research, an international consultancy.