Bioplastic demand spurs global growth in lactic acid production

01/11/2011

Growth in polylactic acid (PLA) bioplastics is driving demand for lactic acid in industrial applications with expansions in that sector now outstripping growth in the food and beverages market. In fact, industrial applications for lactic acid are forecast to consume more than half of the world's lactic acid production in the near future, according to a Global Industry Analysts Inc. (GIA) report.

GIA's report forecasts that the global market for lactic acid is predicted to reach 328.9 thousand tonnes by 2015. Food additives will continue to be the largest application area for lactic acid globally, but biodegradable plastics represent the fastest growing end-use application, according to the report....
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