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2026-06-25 12:12:47 -

Global Biobased PLA Market Growing at 3.9% CAGR Through 2031

According to a new report from Intel Market Research, the global Biobased Polylactic Acid (PLA) market was valued at USD 1,069 million in 2024 and is projected to grow from USD 1,107 million in 2025 to USD 1,384 million by 2031, exhibiting a steady CAGR of 3.9% during the forecast period. This growth is driven by increasing environmental regulations and consumer demand for eco-friendly...

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