PLA Market in China Keeps Witnessing Uptrend in Next Few Years

May 12, 2011 - PRLog -- Guangzhou China, May 10, 2011 - According to CCM International’s latest report called Benchmarking of Lactic Acid and Polylactic Acid in China, PLA’s market demand in China will witness an uptrend in the next five years and will climb to over two million tonnes in 2015.

“Featured by environmentally friendly, biological degradation and governmental support, PLA is attracting more and more attention both at home and abroad. Though China has achieved great progress in the development of PLA in the past ten years, its PLA industry still stays at the initial stage. Most of the five key manufacturers are preparing to expand PLA capacity to above 10,000t/a. “The researcher of PLA project from CCM commented.

“The total output of lactic acid and polylactic acid has come to a substantial high level. Total capacity of lactic acid and PLA has reached over 200,000 t/a and around 10,000 t/a respectively. Still, most of the enterprises are planning to expand and put up new production lines. China has the potential to be the biggest manufacturing base in near future.”

“The report firstly analyzes the policy and regulation in bioplastic industry in China, then figures out the key market drivers. PLA, given its important and hot bioplastic, is so necessary that we make clear about the overall market. It’s useful for those who want to enter into PLA or biomaterial market in China” The researcher explain, “We analyze on 11 manufacturers including 6 lactic acid manufacturers and 5 PLA manufacturers, like Anhui BBCA & Galactic Lactic Acid Co., Ltd, Zhejiang Hisun Biomatericals Co., Ltd., and they are all key players in China. For example, Zhejiang Hisun Biomaterials Co., Ltd. (Zhejiang Hisun) is the second largest PLA manufacturer in China, who enjoys the highest reputation thanks to its good PLA quality.”

A spokesman from CCM said,” The report aims to help readers have a deep view of both industries and then make an effective development strategies of PLA and lactic acid business to help them gain a deep understanding of key manufacturers and potential manufacturers on manufacturing cost, capacity & output, and so on, and help them grasp critical intelligence on technology, investment opportunity and market situation”


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