Biodegradable Plastics and Lactic Acid Demand in North America –2027
The North America lactic acid market is expected to reach US$ 666.25 million in 2027 from US$ 331.65 million in 2019. The market is anticipated to grow at a CAGR of 9.1 % from 2020 to 2027.
Market growth for lactic acid is primarily driven by its expanding range of applications and increasing multi-functionality. However, this growth faces a potential constraint from fluctuating raw...
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