
The global polylactic acid (PLA) market size was valued at USD 1.1 billion in 2022. The market is projected to grow from USD 1.1 billion in 2022 to USD 2.4 billion by 2030, exhibiting a CAGR of 11.90% during the forecast period.
The increased need for bioplastic is what is causing the polylactic acid (PLA) industry to rise. Also, the government is putting policies into place, providing subsidies, and providing assistance to encourage the growing use of biodegradable products. In addition, the need to reduce pollution and protect the environment is one of the main factors encouraging more parties to use bioplastics rather than conventional plastic made from petroleum.
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The market is further helped by technological developments, strong consumer demand from developing nations, and technological transfer from developed economies, which all help to fuel the expansion of the polylactic acid-using businesses in the textile, packaging, and electronics sectors.
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LIST OF KEY COMPANIES PROFILED:
· Total Corbion PLA
· NatureWorks LLC
· SUPLA (JIANGSU SUPLA BIOPLASTICS CO.. LTD.)
· Futerro
· COFCO
· Jiangxi Keyuan Bio-Material Co. Ltd
· Shanghai Tong-Jie-Liang Biomaterials Co., Ltd.
· Zhejiang Hisun Biomaterials Co., Ltd.



The new research report on "Robotics as a Service (RaaS) Industry" offered by Orbis Research provides global industry analysis, size, share, growth, trends and forecast till 2022.
— Global Robotics as a Service (Raas) Market to grow at a CAGR of 19.73% during the period 2018-2022.
Apart from renting the robots, vendors also leverage technologies such as cloud computing to enhance their offerings through services, such as real-time remote monitoring of robots.
The report covers the market landscape and its growth prospects over the coming years.
To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:

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The study objectives are to present the Eye Tracking Software development in United States, Europe and China.In 2018, the global Eye Tracking Software market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2019-2025.Request a sample of this report @ http://orbisresearch.com/contacts/request-sample/2996737The key players covered in this studyxLabsGazePointerMyEyeOgamaOpenEyesPyGazeOpenGazerTurkerGazeGazeParser / Simple Gaze TrackerITU Gaze TrackerThe VerdictMarket segment by Type, the product can be split intoCloudOn-PremisesMarket segment by Application, split intoSecurityAcedemicCommercialOthersMarket segment by Regions/Countries, this report coversUnited StatesEuropeChinaJapanSoutheast AsiaIndiaCentral & South AmericaBuy a report @ https://www.orbisresearch.com/contact/purchase/2996737About Us:Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements.
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According to the research report by Research Report Insights, the global automotive drive shafts market was valued at US$5.3 bn in 2015 and is likely to be worth US$8.9 bn by the end of 2024. During the forecast years of 2016 and 2024, the global market is expected to progress at a CAGR of 6.1%.
Heavy Commercial Vehicles to be Prime Consumers of Automotive Drive Shafts
On the basis of vehicles, the market is split into passenger cars, heavy commercial vehicles, and light commercial vehicles. Of these, the heavy commercial vehicles are expected to show steady growth rate in the coming years due to their demand in the transportation industry. The research report states, that the heavy commercial vehicles segment will rise at a CAGR of 6.2% between 2016 and 2024. The increasing demand for automotive shafts in production and serving of heavy-duty trucks is estimated to provide an impetus to the segment in the coming years.
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Geographically, the market is segmented into Asia Pacific, Europe, North America, the Middle East and Africa, and Latin America. Asia Pacific is poised to remain the leading regional market in the coming years as the demand for automobiles and their production picks up pace. The report estimates, that Asia Pacific automotive drive shafts market will rise at a CAGR of 6.5% between 2016 and 2024.
Repair and Replacement of Old Parts Augments Demand for Automotive Drive Shafts through After-sales Services
The global automotive drive shafts market has been growing due to the unstoppable production of vehicles in emerging economies of Taiwan, India, China, and Singapore amongst others. As economies limp back to normalcy after the depression of 2008, the production and sales of automobiles and their parts have steadily risen to generate soaring revenues. In the coming years, the increasing investments in automobile manufacturing, especially in countries such as China, is likely to boost the automotive drive shafts market.
The demand for automotive drive shafts has also been increasing as they are the most critical parts of a vehicle. As they are known to working under continuous pressure and stress, they undergo severe damage, which demands their replacement or repair. Thus both of these factors are expected to propel the sale of automotive drive shafts in developing and developed countries.
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Emerging Trend of Electric Vehicles to Impede Market Growth
Despite the steady market drivers, the global automotive drive shafts market is facing a tough challenge. The rising trend of electric cars against the backdrop of emerging pollution concerns is expected to restrain the growth of the market. Electric cars operate on batteries, which can be charged. Thus, they completely eliminate the need for automotive drive shafts. Analysts state, “if this trend is to grow rapid as countries work on reducing carbon footprint it could negatively impact the global market”.
The global automotive drive shafts market has several players in the market, making the landscape fragmented. Some of the leading players in the market are Dana Holding Corporation, NTN Corporation, Hyundai Wia, and Yamada Manufacturing Co., Ltd. The companies are focused on development of new products with enhanced quality. To deal with competition, several players will emphasize on mergers and acquisitions to expand their geographical reach and penetrate into many other foreign markets.
Report Analysis@https://www.researchreportinsights.com/report/rd/110114867/Automotive-Drive-Shafts-Market
The global automotive drive shafts market has been segmented as follows:
Global Automotive Drive Shafts Market, By Vehicle Type
- Passenger Cars
- Heavy Commercial Vehicles
- Light Commercial Vehicles
Global Automotive Drive Shafts Market, By Shaft Type
- Hotchkiss Drive Shaft
- Flexible Drive Shaft
- Torque Tube Drive Shaft
Global Automotive Drive Shafts Market, by Position Type
- Front Wheel Drive Shaft
- Rear Wheel Drive Shaft
Global Automotive Drive Shafts Market, By Geography
- North America
- The U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- Italy
- France
- RoE (Rest of Europe)
- Asia Pacific
- India
- Japan
- China
- RAPAC (Rest of Asia Pacific)
- Middle East and Africa (MEA)
- U.A.E
- South Africa
- RMEA (Rest of Middle East and Africa)
- Latin America (LATAM)
- Brazil
- Argentina
- Rest of Latin America (RLATAM)

As India braces for the exponential growth of internet users—approximately 650M by 2020—we look at the opportunities for fast moving consumer goods (FMCG) brands in India.
As India is going through a digital evolution, it is estimated that by 2020, internet users in India will be around 650 million, which is half the population of the country.
Apart from these, the influence of the internet on FMCG purchases is growing rapidly and much faster than the industry imagined.
In its research report, Google stated that with the growing influence of digital on FMCG in India and its estimated impact by 2020, FMCG companies must rethink their digital strategies and digital media allocation to improve their go-to-market plans.
Some of the key findings stated by researchers in Google:
Digitally influenced FMCG consumption will grow to $45B (4a0% of a $115B market) by 2020.

With the days, mobile app development and downloads are increasing.
There are many mobile app developers who developed amazing apps for clients to stay ahead in this competitive market.
In a research report, it is shown that more than 5 million apps available on the Google play store and Apple Store both.
A few years ago, mobile apps have been native, users had to install the app into their smartphones to work.
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