Aided by the governmental support and market demand growth, lactic acid industry and polylactic acid (PLA) industry in China have witnessed fast development in recent years, especially the later, which will enjoy great prospect in the future. Total capacity of LA in China already comes to over 200,000t/a. Meanwhile, there are four major PLA manufacturers in China as of May 2011; all of them are expanding capacity to 10,000t/a, among which two will launch their new production lines at the end of 2011. It can be predicted that China will become a large production base of lactic acid and PLA worldwide in the future. Through this report, you can find out the latest production situation of both products in China.
This report covers six lactic acid manufacturers and five PLA manufacturers, which are the key players in both industries. Each of the manufacturers has its own production technology and some of them already own patents, so what are their technology process and strengths? What are their production costs in detail? About PLA, what’s the different point and strength, quality level and entrance reason of key manufacturers? You can find all the answers in this report.
Besides the aspects mentioned above, this report also provides market demand information of PLA in the past five years and predicts that in the next five years, and policies and regulations on bioplastics industry in China are also covered in this report.
This report combines CCM’s expertise in LA and PLA market research, and you can obtain the following benefits from this report:
Have a deep view of both industries, which can help make your development strategies of PLA and lactic acid business;
Gain a deep understanding of key manufacturers in order to make targeted strategy;
Know about investment opportunity in both industries.
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