Lactic Acid & Polylactic Acid Market Overview On Revolutionary Trends by 2031

11 day(s) ago
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Transparency Market Research delivers key insights on the global lactic acid & polylactic acid market. In terms of revenue, the global lactic acid & polylactic acid market is estimated to expand at a CAGR of 13.7% and a CAGR 15.8%, respectively, during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global lactic acid & polylactic acid market.
The global lactic acid & polylactic acid market is broadly affected by several factors, including increase in usage of lactic acid and polylactic acid in various end-use industries such as food & beverages, personal care, pharmaceutical, packaging, textile, automobile, electrical & electronics, agriculture, and construction. The rise in the global demand for calcium lactic acid and polylactic acid, and sodium lactic acid and polylactic acid has boosted the usage of lactic acid and polylactic acid. The increase in production and demand for dust control agents is expected to be the primary driver of the global lactic acid & polylactic acid market. The growth of polymer and packaging industries is also propelling the demand for lactic acid and polylactic acid.

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