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2026-08-13 08:19:26 - Translate -

The Rise of Bio-Based Chemicals: Why Lactic Acid Is Becoming an Industrial Game-Changer

According to a new report by Polaris Market Research, the global lactic acid market was valued at USD 3.56 billion in 2024 and is projected to reach USD 7.51 billion by 2034, expanding at a CAGR of 7.8% over the forecast period. Growth is underpinned by rising demand for biodegradable plastics, expanding food and beverage applications, and increasing regulatory support for...

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