Netherlands Polylactic Acid Market Size & Outlook
Related Markets
Netherlands polylactic acid market highlights
- The Netherlands polylactic acid market generated a revenue of USD 9.5 million in 2023 and is expected to reach USD 41.4 million by 2030.
- The Netherlands market is expected to grow at a CAGR of 23.4% from 2024 to 2030.
- In terms of segment, packaging was the largest revenue generating end-use in 2023.
- Textile is the most lucrative end-use segment registering the fastest growth during the forecast period.
Polylactic acid market data book summary
| Market revenue in 2023 | USD 9.5 million |
| Market revenue in 2030 | USD 41.4 million |
| Growth rate | 23.4% (CAGR from 2023 to 2030) |
| Largest segment | Packaging |
| Fastest growing segment | Textile |
| Historical data | 2019 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Packaging, Agriculture, Automotive & Transport, Electronics, Textile |
| Key market players worldwide | TotalEnergies SE, Cargill, Virgin Galactic Holdings Inc Shs A, COFCO Joycome Foods Ltd Ordinary Shares, Zhejiang Haishen New Materials, Basf SE, Danimer Scientific Inc Ordinary Shares - Class A, Mitsubishi Chemical Group Corp, Unitika Ltd |
Other key industry trends
- In terms of revenue, Netherlands accounted for 1.3% of the global polylactic acid market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany polylactic acid market is projected to lead the regional market in terms of revenue in 2030.
- Netherlands is the fastest growing regional market in Europe and is projected to reach USD 41.4 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Polylactic Acid Market Scope
Polylactic Acid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Unitika Ltd | View profile | 3382 | 4-1-3 Kyutaro-machi, Chuo-ku, Osaka, Japan, 541-8566 | http://www.unitika.co.jp |
| Danimer Scientific Inc Ordinary Shares - Class A | View profile | 257 | 140 Industrial Boulevard, Bainbridge, GA, United States, 39817 | https://www.danimerscientific.com |
| Zhejiang Haishen New Materials | View profile | 501-1000 | Shangyu, Zhejiang, China, Asia | http://www.haishenchem.com/ |
| Virgin Galactic Holdings Inc Shs A | View profile | 805 | 1700 Flight Way, Tustin, CA, United States, 92782 | https://www.virgingalactic.com |
| COFCO Joycome Foods Ltd Ordinary Shares | View profile | 9707 | No.8, Chao Yang Men South Street, COFCO Fortune Plaza, Chao Yang District, Beijing, China, People's Republic of | https://www.cofcojoycome.com |
| Mitsubishi Chemical Group Corp | View profile | 74632 | 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 | https://www.mcgc.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| TotalEnergies SE | View profile | 100000 | 2, Place Jean Millier, La Defense 6, Courbevoie, France, 92400 | https://www.totalenergies.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Netherlands polylactic acid market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polylactic acid market will help companies and investors design strategic landscapes.
Packaging was the largest segment with a revenue share of 36.84% in 2023. Horizon Databook has segmented the Netherlands polylactic acid market based on packaging, agriculture, automotive & transport, electronics, textile covering the revenue growth of each sub-segment from 2019 to 2030.
The PLA market in the Netherlands is anticipated to witness significant growth over the forecast period. The demand for polylactic acid is growing on account of favorable regulations concerning the use of bio based materials.
Bio-based materials, including biogas, biodiesel, biomass, bioplastics, and bio-refinery, have been extensively adopted in various sectors in the past few years in the country. The significant factors behind this adoption are the awareness of the harmful nature of fossil fuels, and the economic opportunities for Dutch businesses from the use of renewable biological resources.
The growing agricultural industry in the Netherlands contributes to the demand for polylactic acid as it is used for the development of agricultural products, such as mulch films and cellulosic materials to control soil erosion and offer a barrier to weed growth in agricultural farms.
Reasons to subscribe to Netherlands polylactic acid market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Netherlands polylactic acid market databook
-
Our clientele includes a mix of polylactic acid market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Netherlands polylactic acid market , including forecasts for subscribers. This country databook contains high-level insights into Netherlands polylactic acid market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Netherlands polylactic acid market size, by end-use, 2019-2030 (US$M)
Netherlands Polylactic Acid Market Outlook Share, 2023 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
