Global L-Lactide Market Expected to Grow at a CAGR of 14.1% During 2018-2026
Rising environmental concerns and strict regulations on the manufacture and use of plastics are expected to be primary driving factors behind the demand for L-lactide owing to its bio-degradable property and its extensive application in the production of bio-based, eco-friendly alternatives. Rising consumer awareness and preference for bio-degradable materials along with rapid technological advances are also positively influencing the growth of the L-lactide market. Revenues arising from L-lactide market are expected to grow at a healthy CAGR of more than...
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