Polylactic Acid – A Biodegradable and Environment Friendly Material!

The polylactic acid or PLA is both biodegradable and bioactive in nature, and it is due to these properties, it is one of the most prevalent plastics in the 3D printing market. Polylactic acid is derived from either corn starch or sugar cane. PLA is most commonly used for manufacturing bottles, medical devices, and plastic films, among others.

Request the Sample @ https://bisresearch.com/requestsample?id=683&type=download

The polylactic acid market is expected to grow at a rapid rate, owing to the factors, such as its properties of blending easily and recycling, the need to decrease the greenhouse gas (GHG) emissions, along with its biodegradable, sustainable, environment friendly and non-toxic nature. At the same time, there are several limitations that are responsible for hampering the growth of the market. These include low melting point, low permeability, & brittleness and slow degradation rate of PLA.

According to a recently published report by BIS Research, titled Global Polylactic Acid (PLA) Market for 3D Printing – Analysis and Forecast, 2018-2028, the polylactic acid market is expected to grow at a CAGR of 19.30% during the forecast period from 2018 to 2028. The report is a detailed compilation of factors influencing the growth of the market, factors challenging the growth, and opportunities that can further enable the market to grow.

Further, key developments, product launches, partnerships, collaborations, and joint ventures, business expansions, and mergers and acquisitions, undertaken by the key players to sustain the competition are also included in detail in the report. It also includes the financials, their contribution to the growth of the market, and the SWOT analysis for some of the major players present in the market.

Some of the well-established companies existing in the market are Futerro S.A., NatureWorks LLC, Stratasys Ltd., Synbra Technology bv, Total Corbion PLA, Zhejiang Hisun Biomaterials Co., LTD., ColorFabb BV, Fillamentum Manufacturing Czech s.r.o., HATCHBOX 3D, and Ultimaker B.V.

Additionally, the detailed segmentation of the market on the basis of user-type, application, and region enables in studying the market in detail. The BIS Research report, highlights that the growing end-user industries, increasing application areas, and the increased adoption in emerging economies have led to the surge in demand for bio-based 3D printing plastics. In addition, with ongoing research and development and technological advancements in the 3D printing industry, the thermal properties of PLA are expected to improve, thereby leading to an increase in its adaptability by different end-user industries.

Related Reports:

Global 3D Printing Market for Automotive and Aerospace Industry - Analysis and Forecast (2018-2023)

Global 3D Printing Plastics Market - Analysis and Forecast, 2018-2023

Global 3D Printing Plastic and Photopolymer Material Market - Analysis and Forecast, 2017-2023

Chatbots Increasing Efficiency in Healthcare Market

Chatbots are one of the prominent technologies currently being integrated into the healthcare system. The chatbots are not considered as the SaMD (software as medical device) as they do not participate in clinical decision-making process, rather, they act as the personal healthcare assistant as well as the trainer for its users. Click Here To Get Detailed Description of Chatbots in Healthcare Market The usage of chatbots in the healthcare has gained popularity since 2013, when Babylon Health, the first healthcare chatbot company of the U.K. was launched. The company offered symptom checker chatbot and has started using the same chatbot as a health checker as well. The industry comprises the bot developers, platform providers, content providers, and the interface providers. Since there are no regulatory bodies such as FDA and MHRA directly governing the usage of chatbots, launching the chatbot is convenient for the developers. New start-ups are coming up wit...

Wireless Charging Technology – Analyzing the Market Drivers and Restraints

Wireless charging technology eliminates the use of wires to power devices and enables a device to be charged automatically when placed near a transmitter. The wireless charging technology is however, not new in the world of technology, rather, has been in existence since the late 1800s. With the incorporation of the technology in smartphones, it has been experiencing a massive boost in popularity. Request the Sample @ https://bisresearch.com/requestsample?id=645&type=download According to the latest market intelligence report by BIS Research titled “ Global Wireless Charging Market - Analysis and Forecast (2018-2023) ,” the market was valued at $2.58 billion in 2017 and is projected to grow at a CAGR of 40.97%, during the forecast period and reach $20.97 billion by 2023. The market is estimated to witness the highest growth in the Asia-Pacific (APAC) region during the forecast period (2018-2023). The wireless charging technology is not only limited to the sm...

Neoantigens Vaccines Can Bridge the Treatment Gap by Training the Immune System to Recognize Tumor Cells

As per BIS Research analysis, the neoantigen cancer vaccine market is projected to reach $1826.1 million by 2030 from $227.1 million in 2023, at a CAGR of 34.69%. Growth in this market is expected to be driven by the ever-rising patient pool of different cancers and significant investment in research for development for cancer neoantigen vaccines to fill in the current treatment gaps. However, there are significant challenges that are restraining the market growth. These challenges include the high cost of therapy (personalized cancer vaccines), manufacturing complications, and lack of therapeutic biomarkers and assays. The market is still at the nascent phase with more than two-thirds of the neovaccines in the early stages of development. However, few neovaccines companies such as OSE Immunotherapeutics, Immunovative Therapeutics, Medigene, and Roche have positioned themselves to launch their neovaccines in the market within the upcoming years. That being said, the neovacc...

BIS Research ( Business Intelligence and Strategy Research)

Search This Blog