Lactic Acid & Polylactic Acid Market Prediction To
2025 By Region, Type And Technology
Global Interventional cardiology devices Market report provides in-depth analysis and insights into developments
impacting businesses and enterprises on global and regional level. The report covers the global Interventional cardiology
devices Market performance in terms of revenue contribution from various segments and includes a detailed analysis of
key trends, drivers, restraints, and opportunities influencing revenue growth of the global Interventional cardiology
devices market. This report studies the global Interventional cardiology devices Market size, industry status and
forecast, competition landscape and growth opportunity. This research report categorizes the global Interventional
cardiology devices Market by companies, region, type and end-use industry.
The global lactic acid & polylactic acid market is anticipated to reach USD 9.8 billion and USD 6.5 billion respectively by
2025. Growing demand for environmental friendly packaged products and awareness is expected to drive the market
growth over the forecast period. Global lactic acid market is expected to grow at a CAGR of 16.2% from 2017 to 2025.
Lactic acid is a colorless syrupy liquid with alcohol and water that is produced from raw materials including
carbohydrates such as sugarcane, tapioca, corn and sugar beet. It involves fermentation of carbohydrates in presence of
calcium carbonate. Lactic acid is also used to develop poly lactic acid(PLA). The production of PLA uses 68 perce nt less
fossil fuel resources than traditional plastics and it is the world's first greenhouse-gas-neutral polymer. It is one of the
major sources of bio-resins use in bioplastics.
PLA is derived from renewable resources. This organic compound is easily compostable and biodegradable,
subsequently minimizing environmental hazards including solid waste disposal. Growing demand for biodegradable
products is also expected to boost the market grow