In terms of revenue in 2014, the global market for polylactic acid was calculated to be USD 825.0 million and is projected to reach USD 2,657.8 million by 2022, growing at a CAGR of 16.3% from 2015 to 2022. In 2014, in terms of volume the market demand for polylactic acid was 375.0 kilo tons and is projected to reach 1,031.1 kilo tons by 2022 at a CAGR of 14.0% during the forecast period.
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