'Industry reports lactic acid' presentation slideshows

The global lactic acid and polylactic acid market size, together, are anticipated to be valued at USD 5.48 billion in 2025. Lactic acid is an organic acid that finds several applications across diverse industry verticals such as food & beverage, pharmaceutical, personal care among others. Polylactic acid, a polymer of lactic acid, is among the most widely adopted bioplastics which find application in packaging, textiles, electronics, and agriculture among others. Growing usage across end-user industries coupled with growing adoption for bioplastics is projected to boost the growth for global lactic acid and polylactic acid market over the forecast period.

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