Product Code: ETC4504113 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The polylactic acid market in Bangladesh is experiencing growth as industries utilize biodegradable polymers derived from renewable resources such as corn starch, sugarcane, and cassava for packaging, textiles, and consumer products. Polylactic acid offers properties such as compostability, transparency, and heat resistance, making it suitable for eco-friendly and sustainable applications. With the increasing awareness about environmental conservation and plastic pollution, there is rising demand for polylactic acid products in Bangladesh consumer markets.
The increasing awareness about environmental sustainability and the demand for biodegradable plastics are driving the growth of the polylactic acid market in Bangladesh. Polylactic acid, also known as PLA, is derived from renewable resources such as corn starch or sugarcane, offering advantages such as compostability, transparency, and processability, making it suitable for packaging, textiles, and biomedical applications, thereby fueling market expansion.
This market faces challenges such as raw material availability, processing complexity, and market competition. While polylactic acid (PLA) offers biodegradability and renewable sourcing for applications in packaging, textiles, and biomedical devices, manufacturers may face challenges in sourcing cost-effective raw materials for PLA synthesis, optimizing processing parameters for different applications, and competing with traditional plastics in the market.
Recognizing the potential of polylactic acid as a biodegradable and renewable polymer, the government has introduced policies to promote the PLA market in Bangladesh. These policies may include incentives for PLA production and processing, regulations to ensure product quality and safety, and support for technology transfer and adoption.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Polylactic Acid Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Polylactic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Polylactic Acid Market - Industry Life Cycle |
3.4 Bangladesh Polylactic Acid Market - Porter's Five Forces |
3.5 Bangladesh Polylactic Acid Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Bangladesh Polylactic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Bangladesh Polylactic Acid Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Bangladesh Polylactic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Polylactic Acid Market Trends |
6 Bangladesh Polylactic Acid Market, By Types |
6.1 Bangladesh Polylactic Acid Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Polylactic Acid Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 Bangladesh Polylactic Acid Market Revenues & Volume, By Thermoforming, 2021-2031F |
6.1.4 Bangladesh Polylactic Acid Market Revenues & Volume, By Extrusion, 2021-2031F |
6.1.5 Bangladesh Polylactic Acid Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.1.6 Bangladesh Polylactic Acid Market Revenues & Volume, By Blow Molding, 2021-2031F |
6.2 Bangladesh Polylactic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Polylactic Acid Market Revenues & Volume, By Rigid Thermoform, 2021-2031F |
6.2.3 Bangladesh Polylactic Acid Market Revenues & Volume, By Film & Sheet, 2021-2031F |
6.2.4 Bangladesh Polylactic Acid Market Revenues & Volume, By Bottles, 2021-2031F |
6.3 Bangladesh Polylactic Acid Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Polylactic Acid Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.3 Bangladesh Polylactic Acid Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.3.4 Bangladesh Polylactic Acid Market Revenues & Volume, By Agricultural, 2021-2031F |
6.3.5 Bangladesh Polylactic Acid Market Revenues & Volume, By Textile, 2021-2031F |
6.3.6 Bangladesh Polylactic Acid Market Revenues & Volume, By Biomedical, 2021-2031F |
7 Bangladesh Polylactic Acid Market Import-Export Trade Statistics |
7.1 Bangladesh Polylactic Acid Market Export to Major Countries |
7.2 Bangladesh Polylactic Acid Market Imports from Major Countries |
8 Bangladesh Polylactic Acid Market Key Performance Indicators |
9 Bangladesh Polylactic Acid Market - Opportunity Assessment |
9.1 Bangladesh Polylactic Acid Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Bangladesh Polylactic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Bangladesh Polylactic Acid Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Bangladesh Polylactic Acid Market - Competitive Landscape |
10.1 Bangladesh Polylactic Acid Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Polylactic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |