| Product Code: ETC4504106 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Thailand Polylactic Acid (PLA) market is witnessing growth, mainly in response to the growing demand for sustainable and biodegradable plastics. PLA is used in packaging, textiles, and food service products, contributing to a more eco-friendly approach in the plastics industry.
The Polylactic Acid (PLA) market in Thailand is experiencing significant growth, driven by the increasing demand for biodegradable and renewable alternatives to traditional plastics. PLA, derived from plant-based sources like corn starch, is gaining prominence for its compostable nature and versatility in packaging, textiles, and consumer goods. The growth of the packaging, textiles, and foodservice industries, the rising trend of sustainable and eco-friendly materials, and the need for bioplastics in Thailand are contributing to the adoption of PLA. Moreover, the focus on reducing plastic waste and the innovations in PLA processing technologies are further propelling the positive trajectory of the PLA market.
The Polylactic Acid market in Thailand encounters challenges linked to the need for cost-effective production methods and increased market acceptance. Manufacturers must address concerns related to the availability of raw materials for PLA production and compete with traditional plastics in terms of performance and pricing. Additionally, meeting sustainability goals and navigating changing consumer preferences pose ongoing challenges for the market.
The Thailand Polylactic Acid market demonstrated resilience during the COVID-19 pandemic, with applications in packaging, textiles, and biomedical sectors. Polylactic Acid (PLA), derived from renewable resources, found continued demand for its biodegradability and eco-friendly characteristics. Post-pandemic, the market is growing as sustainability becomes a key focus, with industries adopting PLA for its versatility and environmental benefits. The Thailand Polylactic Acid market remains integral in providing biodegradable and sustainable alternatives in various applications.
The Thailand Polylactic Acid (PLA) market is witnessing growth, with companies like NatureWorks, Total Corbion PLA, and PTT Global Chemical contributing significantly. PLA, a biodegradable and bioactive polymer, is used in various sustainable packaging and textile applications.
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 Thailand Polylactic Acid Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Polylactic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Polylactic Acid Market - Industry Life Cycle |
3.4 Thailand Polylactic Acid Market - Porter's Five Forces |
3.5 Thailand Polylactic Acid Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Thailand Polylactic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Thailand Polylactic Acid Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Thailand Polylactic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and demand for eco-friendly products |
4.2.2 Government initiatives promoting the use of biodegradable materials |
4.2.3 Growing adoption of polylactic acid in packaging and textile industries |
4.3 Market Restraints |
4.3.1 High production costs compared to conventional plastics |
4.3.2 Limited availability of raw materials for polylactic acid production |
4.3.3 Lack of recycling infrastructure for polylactic acid products |
5 Thailand Polylactic Acid Market Trends |
6 Thailand Polylactic Acid Market, By Types |
6.1 Thailand Polylactic Acid Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Thailand Polylactic Acid Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 Thailand Polylactic Acid Market Revenues & Volume, By Thermoforming, 2021-2031F |
6.1.4 Thailand Polylactic Acid Market Revenues & Volume, By Extrusion, 2021-2031F |
6.1.5 Thailand Polylactic Acid Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.1.6 Thailand Polylactic Acid Market Revenues & Volume, By Blow Molding, 2021-2031F |
6.2 Thailand Polylactic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Polylactic Acid Market Revenues & Volume, By Rigid Thermoform, 2021-2031F |
6.2.3 Thailand Polylactic Acid Market Revenues & Volume, By Film & Sheet, 2021-2031F |
6.2.4 Thailand Polylactic Acid Market Revenues & Volume, By Bottles, 2021-2031F |
6.3 Thailand Polylactic Acid Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Thailand Polylactic Acid Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.3 Thailand Polylactic Acid Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.3.4 Thailand Polylactic Acid Market Revenues & Volume, By Agricultural, 2021-2031F |
6.3.5 Thailand Polylactic Acid Market Revenues & Volume, By Textile, 2021-2031F |
6.3.6 Thailand Polylactic Acid Market Revenues & Volume, By Biomedical, 2021-2031F |
7 Thailand Polylactic Acid Market Import-Export Trade Statistics |
7.1 Thailand Polylactic Acid Market Export to Major Countries |
7.2 Thailand Polylactic Acid Market Imports from Major Countries |
8 Thailand Polylactic Acid Market Key Performance Indicators |
8.1 Percentage of companies using polylactic acid in their products |
8.2 Number of government policies supporting the use of biodegradable materials |
8.3 Growth in the number of research studies and innovations in polylactic acid applications |
9 Thailand Polylactic Acid Market - Opportunity Assessment |
9.1 Thailand Polylactic Acid Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Thailand Polylactic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Thailand Polylactic Acid Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Thailand Polylactic Acid Market - Competitive Landscape |
10.1 Thailand Polylactic Acid Market Revenue Share, By Companies, 2024 |
10.2 Thailand Polylactic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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