According to a report by Intel Market Research, the global biobased polylactic acid (PLA) market was valued at USD 1,069 million in 2024 and is projected to grow from USD 1,107 million in 2025 to USD 1,384 million by 2031, registering a CAGR of 3.9% during the forecast period. Rising environmental regulations, increasing consumer preference for eco-friendly materials, and expanding applications...