Lactic Acid Market to Reach US$ 3,381.8 Mn and US$ 1,358.1 Mn Respectively by 2023
A growing number of players are capitalizing on the opportunities arising out of the substantial popularity of biodegradable plastics and bioplastics where lactic acid and polylactic acid are used as raw materials for their production. Some of the leading players in the global lactic acid and polylactic acid market are Futerro SA, Teijin Ltd., Zhejiang Hisun Biomaterials Co., Ltd., Synbra Technology BV, Archer Daniels Midland Company, Henan Jindan Lactic Acid Technology Co., Ltd., NatureWorks LLC, and Corbion NV., notes Transparency...
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