Global Polylactic Acid Market Investment Trends and Projections to...

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2025-01-02 12:34:20 -

Global Polylactic Acid Market Investment Trends and Projections to 2032

The Global Polylactic Acid (PLA) market, valued at USD 1.2 billion in 2023, is poised for significant expansion, with projections indicating a rise to USD 5.2 billion by 2032. This growth represents a compound annual growth rate (CAGR) of 17.7% over the forecast period from 2024 to 2032. PLA, a biodegradable plastic derived from renewable resources such as corn starch and sugarcane, is...

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