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Lactic Acid Ester Market by Type and End Use Industry: Global Opportunity Analysis and Industry Forecast, 2021-2030

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    Report

  • 322 Pages
  • December 2021
  • Region: Global
  • Allied Market Research
  • ID: 5548419
Description Jump to:
The lactic acid ester market was valued at $564.9 million in 2020, and is projected to reach $803.7 million by 2030, growing at a CAGR of 3.6% from 2021 to 2030.



Lactic acid esters are ester compounds derived from esterification of lactic acid. These are also referred to as a derivative of lactic acid, which is a green solvent obtained from the fermentation followed by purification of carbohydrates. Lactic acid esters are commercially used as solvents in various applications across various end use industries.

Increased demand from cosmetic and personal care industry is driving the lactic acid ester market. In addition, increasing demand for biodegradable and nontoxic chemical, owing to increased awareness about the harmful health impacts of synthetic chemicals is driving the demand for lactic acid ester in cosmetic and pharmaceutical industry. Lactic acid esters are biodegradable, non-toxic, and non-carcinogenic and are regarded as environmentally safe chemical and hence majorly used in washing products, hair dyes, cosmetics, colors, shampoos and other hair care products, as well as moisturizers and other skincare goods. Furthermore, the rapid adoption of lactic acid esters as a precision cleaning solvent in paints and coatings applications and the widespread use of lactic acid ester as an emulsifier in food & beverage industry is expected to offer lucrative opportunities for the market. However, high prices as compared to traditional solvents and availability of alternatives is hindering the market growth in prices sensitive regions such as Asia-Pacific and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS

  • The report provides in-depth analysis of the global silver salt market along with the current trends and future estimations.
  • This report highlights the key drivers, opportunities, and restraints of the market along with the impact analysis during the forecast period.
  • Porter’s five forces analysis helps to analyze the potential of the buyers & suppliers and the competitive scenario of the global silver salt industry for strategy building.
  • A comprehensive market analysis covers factors that drive and restrain the global silver salt market growth.
  • The qualitative data about market dynamics, trends, and developments is provided in the report.

IMPACT OF COVID-19 ON THE GLOBAL SILVER SALT MARKET

  • COVID-19 has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020.
  • Some of the major economies suffering from the COVID-19 crises include Germany, France, Italy, Spain, the UK, and Norway.
  • In many countries, the economy has dropped due to the halt of several industries, especially demand and supply chain. Demand for the product has been hindered as there is no development due to the lockdown.
  • The demand-supply gap, disruptions in raw material procurement, and price volatility are expected to hamper the growth of the industry during the COVID-19 pandemic.
  • The substantial increase in pharmaceutical product sales during the pandemic, has contributed to the market growth.

KEY MARKET SEGMENTS


By Type

  • Methyl lactate
  • Ethyl lactate
  • Butyl lactate
  • Others

By End Use Industry

  • Pharmaceutical
  • Cosmetics & Personal Care
  • Electronics
  • Food & Beverage
  • Agrochemical
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • The Netherlands
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

KEY MARKET PLAYERS

  • Corbion NV
  • Stepan
  • Jindan
  • Musashino
  • Shandong Enno
  • Shenzhen eSUN
  • Vertec Bio solvents
  • Galactic
  • Yancheng Huade
  • Zhengzhou

Other player operating in the market are Archer-Daniels-Midland Company, Qingdao Abel Technology Co. Ltd., Globally, Purac, Cargill and Synbra Technology B.V.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. Key findings
2.2.1. Top investment pockets
2.3. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key forces shaping the lactic acid ester market
3.2.1. Bargaining power of the suppliers
3.2.2. Bargaining power of the buyers
3.2.3. Threat of new entrants
3.2.4. Threat of substitutes
3.2.5. Competitive rivalry
3.3. Market dynamics
3.3.1. Drivers
3.3.1.1. Increased demand from food & beverages industry
3.3.1.2. Increased demand for pharmaceutical and cosmetics industry
3.3.2. Restraint
3.3.2.1. Harmful effect associated with the usage of lactic acid ester
3.3.3. Opportunity
3.3.3.1. Increase in inclination toward use of green solvent
3.4. Value chain
3.5. Patent Analysis
3.6. Pricing Analysis
3.7. Impact of COVID-19 outbreak on the lactic acid ester market
CHAPTER 4: LACTIC ACID ESTER MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Methyl lactate
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country
4.3. Ethyl lactate
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country
4.4. Butyl lactate
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis, by country
4.5. Others
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis, by country
CHAPTER 5: LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY
5.1. Overview
5.1.1. Market size and forecast
5.2. Pharmaceutical
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis, by country
5.3. Cosmetic & Personal Care
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis, by country
5.4. Electronics
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis, by country
5.5. Food & Beverages
5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis, by country
5.6. Agrochemical
5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market analysis, by country
5.7. Others
5.7.1. Key market trends, growth factors, and opportunities
5.7.2. Market size and forecast, by region
5.7.3. Market analysis, by country
CHAPTER 6: LACTIC ACID ESTER MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast
6.2. North America
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by type
6.2.3. Market size and forecast, by end-use industry
6.2.4. Market size and forecast, by country
6.2.4.1. U.S.
6.2.4.1.1. Market size and forecast, by type
6.2.4.1.2. Market size and forecast, by end-use industry
6.2.4.2. Canada
6.2.4.2.1. Market size and forecast, by type
6.2.4.2.2. Market size and forecast, by end-use industry
6.2.4.3. Mexico
6.2.4.3.1. Market size and forecast, by type
6.2.4.3.2. Market size and forecast, by end-use industry
6.3. Europe
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by type
6.3.3. Market size and forecast, by end-use industry
6.3.4. Market size and forecast, by country
6.3.4.1. Germany
6.3.4.1.1. Market size and forecast, by type
6.3.4.1.2. Market size and forecast, by end-use industry
6.3.4.2. France
6.3.4.2.1. Market size and forecast, by type
6.3.4.2.2. Market size and forecast, by end-use industry
6.3.4.3. UK
6.3.4.3.1. Market size and forecast, by type
6.3.4.3.2. Market size and forecast, by end-use industry
6.3.4.4. Italy
6.3.4.4.1. Market size and forecast, by type
6.3.4.4.2. Market size and forecast, by end-use industry
6.3.4.5. The Netherlands
6.3.4.5.1. Market size and forecast, by type
6.3.4.5.2. Market size and forecast, by end-use industry
6.3.4.6. Rest of Europe
6.3.4.6.1. Market size and forecast, by type
6.3.4.6.2. Market size and forecast, by end-use industry
6.4. Asia-Pacific
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by type
6.4.3. Market size and forecast, by end-use industry
6.4.4. Market size and forecast, by country
6.4.4.1. China
6.4.4.1.1. Market size and forecast, by type
6.4.4.1.2. Market size and forecast, by end-use industry
6.4.4.2. Japan
6.4.4.2.1. Market size and forecast, by type
6.4.4.2.2. Market size and forecast, by end-use industry
6.4.4.3. INDIA
6.4.4.3.1. Market size and forecast, by type
6.4.4.3.2. Market size and forecast, by end-use industry
6.4.4.4. South Korea
6.4.4.4.1. Market size and forecast, by type
6.4.4.4.2. Market size and forecast, by end-use industry
6.4.4.5. Australia
6.4.4.5.1. Market size and forecast, by type
6.4.4.5.2. Market size and forecast, by end-use industry
6.4.4.6. Rest of Asia-Pacific
6.4.4.6.1. Market size and forecast, by type
6.4.4.6.2. Market size and forecast, by end-use industry
6.5. LAMEA
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by type
6.5.3. Market size and forecast, by end-use industry
6.5.4. Market size and forecast, by country
6.5.4.1. Brazil
6.5.4.1.1. Market size and forecast, by type
6.5.4.1.2. Market size and forecast, by end-use industry
6.5.4.2. UAE
6.5.4.2.1. Market size and forecast, by type
6.5.4.2.2. Market size and forecast, by end-use industry
6.5.4.3. SAUDI ARABIA
6.5.4.3.1. Market size and forecast, by type
6.5.4.3.2. Market size and forecast, by end-use industry
6.5.4.4. South Africa
6.5.4.4.1. Market size and forecast, by type
6.5.4.4.2. Market size and forecast, by end-use industry
6.5.4.5. Rest of LAMEA
6.5.4.5.1. Market size and forecast, by type
6.5.4.5.2. Market size and forecast, by end-use industry
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.1.1. Market player positioning, 2020
7.2. Competitive Heatmap
7.3. Product mapping of top 10 players
CHAPTER 8: COMPANY PROFILES
8.1. CORBION NV
8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Product portfolio
8.1.5. Business performance
8.2. Stepan
8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.2.5. Business performance
8.3. Shenzhen eSUN Industrial Co., Ltd.
8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Product portfolio
8.4. Shandong Enno New Material Co., Ltd.
8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Product portfolio
8.5. HENAN JINDAN
8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Product portfolio
8.6. MUSASHINO CHEMICAL LABORATORY, LTD.
8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Product portfolio
8.7. VERTEC BIOSOLVENTS INC.
8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Product portfolio
8.8. GALACTIC
8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Product portfolio
8.9. YANCHENG HUADE (DANCHENG) BIOLOGICAL ENGINEERING CO., LTD.
8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Product portfolio
8.10. Zhengzhou Tianrun Lactic Acid Co., Ltd.
8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Product portfolio
List of Tables
TABLE 01. LACTIC ACID ESTER MARKET, BY TYPE, 2021-2030 (TONS)
TABLE 02. LACTIC ACID ESTER MARKET, BY TYPE, 2021-2030 ($MILLION)
TABLE 03. METHYL LACTATE MARKET, BY REGION, 2021-2030 ($MILLION)
TABLE 04. METHYL LACTATE MARKET, BY REGION, 2021-2030 ($MILLION)
TABLE 05. ETHYL LACTATE MARKET, BY REGION, 2021-2030 (TONS)
TABLE 06. ETHYL LACTATE MARKET, BY REGION, 2021-2030 ($MILLION)
TABLE 07. BUTYL LACTATE MARKET, BY REGION, 2021-2030 (TONS)
TABLE 08. BUTYL LACTATE MARKET, BY REGION, 2021-2030 ($MILLION)
TABLE 09. OTHER LACTIC ACID ESTER MARKET, BY REGION, 2021-2030 (TONS)
TABLE 10. OTHER LACTIC ACID ESTER MARKET, BY REGION, 2021-2030 ($MILLION)
TABLE 11. LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2021-2030 (TONS)
TABLE 12. LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2021-2030 ($MILLION)
TABLE 13. LACTIC ACID ESTER MARKET FOR PHARMACEUTICAL, BY REGION, 2020-2030 (TONS)
TABLE 14. LACTIC ACID ESTER MARKET FOR PHARMACEUTICAL, BY REGION, 2020-2030 ($MILLION)
TABLE 15. LACTIC ACID ESTER MARKET FOR COSMETICS, BY REGION, 2020-2030 (TONS)
TABLE 16. LACTIC ACID ESTER MARKET FOR COSMETICS, BY REGION, 2020-2030 ($MILLION)
TABLE 17. LACTIC ACID ESTER MARKET FOR ELECTRONICS, BY REGION, 2020-2030 (TONS)
TABLE 18. LACTIC ACID ESTER MARKET FOR ELECTRONICS, BY REGION, 2020-2030 ($MILLION)
TABLE 19. LACTIC ACID ESTER MARKET FOR FOOD & BEVERAGES, BY REGION, 2020-2030 (TONS)
TABLE 20. LACTIC ACID ESTER MARKET FOR FOOD & BEVERAGES, BY REGION, 2020-2030 ($MILLION)
TABLE 21. LACTIC ACID ESTER MARKET FOR AGROCHEMICAL, BY REGION, 2020-2030 (TONS)
TABLE 22. LACTIC ACID ESTER MARKET FOR AGROCHEMICAL, BY REGION, 2020-2030 ($MILLION)
TABLE 23. LACTIC ACID ESTER MARKET FOR OTHER END USE INDUSTRY, BY REGION, 2020-2030 (TONS)
TABLE 24. LACTIC ACID ESTER MARKET FOR OTHER END USE INDUSTRY, BY REGION, 2020-2030 ($MILLION)
TABLE 25. LACTIC ACID ESTER MARKET, BY REGION, 2020-2030 (TONS)
TABLE 26. LACTIC ACID ESTER MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 27. NORTH AMERICA LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 (TONS)
TABLE 28. NORTH AMERICA LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 29. NORTH AMERICA LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 30. NORTH AMERICA LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 31. NORTH AMERICA LACTIC ACID ESTER MARKET, BY COUNTRY, 2020-2030 (TONS)
TABLE 32. NORTH AMERICA LACTIC ACID ESTER MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 33. U.S. LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 (TONS)
TABLE 34. U.S. LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 35. U.S. LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 36. U.S. LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 37. CANADA LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 (TONS)
TABLE 38. CANADA LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 39. CANADA LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 40. CANADA LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 41. MEXICO LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 (TONS)
TABLE 42. MEXICO LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 43. MEXICO LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 44. MEXICO LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 45. EUROPE LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 (TONS)
TABLE 46. EUROPE LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 47. EUROPE LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 48. EUROPE LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 49. EUROPE LACTIC ACID ESTER MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 50. EUROPE LACTIC ACID ESTER MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 51. GERMANY LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 (TONS)
TABLE 52. GERMANY LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 53. GERMANY LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 54. GERMANY LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 55. FRANCE LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 56. FRANCE LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 57. FRANCE LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 58. FRANCE LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 59. UK LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 (TONS)
TABLE 60. UK LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 61. UK LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 62. UK LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 63. ITALY LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 (TONS)
TABLE 64. ITALY LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 65. ITALY LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 66. ITALY LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 67. NETHERLAND LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 (TONS)
TABLE 68. NETHERLAND LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 69. NETHERLAND LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 70. NETHERLAND LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 71. REST OF EUROPE LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 (TONS)
TABLE 72. REST OF EUROPE LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 73. REST OF EUROPE LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 74. REST OF EUROPE LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 75. ASIA-PACIFIC LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 (TONS)
TABLE 76. ASIA-PACIFIC LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 77. ASIA-PACIFIC LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 78. ASIA-PACIFIC LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 79. ASIA-PACIFIC LACTIC ACID ESTER MARKET, BY COUNTRY, 2020-2030 (TONS)
TABLE 80. ASIA-PACIFIC LACTIC ACID ESTER MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 81. CHINA LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 (TONS)
TABLE 82. CHINA LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 83. CHINA LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 84. CHINA LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 85. JAPAN LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 86. JAPAN LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 87. JAPAN LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 88. JAPAN LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 89. INDIA LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 (TONS)
TABLE 90. INDIA LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 91. INDIA LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 92. INDIA LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 93. SOUTH KOREA LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 (TONS)
TABLE 94. SOUTH KOREA LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 95. SOUTH KOREA LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 96. SOUTH KOREA LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 97. AUSTRALIA LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 (TONS)
TABLE 98. AUSTRALIA LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 99. AUSTRALIA LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 100. AUSTRALIA LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 101. REST OF ASIA-PACIFIC LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 (TONS)
TABLE 102. REST OF ASIA-PACIFIC LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 103. REST OF ASIA-PACIFIC LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 104. REST OF ASIA-PACIFIC LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 105. LAMEA LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 (TONS)
TABLE 106. LAMEA LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 107. LAMEA LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 108. LAMEA LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 109. LAMEA LACTIC ACID ESTER MARKET, BY COUNTRY, 2020-2030 (TONS)
TABLE 110. LAMEA LACTIC ACID ESTER MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 111. BRAZIL LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 (TONS)
TABLE 112. BRAZIL LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 113. BRAZIL LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 114. BRAZIL LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 115. UAE LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 116. UAE LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 117. UAE LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 118. UAE LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 119. SAUDI ARABIA LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 (TONS)
TABLE 120. SAUDI ARABIA LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 121. SAUDI ARABIA LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 122. SAUDI ARABIA LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 123. SOUTH AFRICA LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 (TONS)
TABLE 124. SOUTH AFRICA LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 125. SOUTH AFRICA LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 126. SOUTH AFRICA LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 127. REST OF LAMEA LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 (TONS)
TABLE 128. REST OF LAMEA LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 129. REST OF LAMEA LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 (TONS)
TABLE 130. REST OF LAMEA LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2020-2030 ($MILLION)
TABLE 131. CORBION NV: COMPANY SNAPSHOT
TABLE 132. CORBION NV: OPERATING SEGMENTS
TABLE 133. CORBION NV: PRODUCT PORTFOLIO
TABLE 134. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 135. STEPAN: COMPANY SNAPSHOT
TABLE 136. STEPAN: OPERATING SEGMENTS
TABLE 137. STEPAN: PRODUCT PORTFOLIO
TABLE 138. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 139. SHENZHEN: COMPANY SNAPSHOT
TABLE 140. SHENZHEN: PRODUCT PORTFOLIO
TABLE 141. NVENT: COMPANY SNAPSHOT
TABLE 142. NVENT: PRODUCT PORTFOLIO
TABLE 143. JINDAN EUROPE: COMPANY SNAPSHOT
TABLE 144. JINDAN EUROPE: PRODUCT PORTFOLIO
TABLE 145. MUSASHINO: COMPANY SNAPSHOT
TABLE 146. MUSASHINO: PRODUCT PORTFOLIO
TABLE 147. VERTEC BIOSOLVENTS: COMPANY SNAPSHOT
TABLE 148. VERTEC BIOSOLVENTS INC.: PRODUCT PORTFOLIO
TABLE 149. GALACTIC : COMPANY SNAPSHOT
TABLE 150. GALACTIC: PRODUCT PORTFOLIO
TABLE 151. YANCHENG HUADE BIOLOGICAL ENGINEERING CO.,LTD. : COMPANY SNAPSHOT
TABLE 152. YANCHENG HUADE BIOLOGICAL ENGINEERING CO.,LTD.: PRODUCT PORTFOLIO
TABLE 153. ZHENGZHOU TIANRUN LACTIC ACID CO., LTD. : COMPANY SNAPSHOT
TABLE 154. ZHENGZHOU TIANRUN LACTIC ACID CO., LTD.: PRODUCT PORTFOLIO
List of Figures
FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. LACTIC ACID ESTER MARKET SNAPSHOT, BY SEGMENTION, 2021-2030
FIGURE 03. LACTIC ACID ESTER MARKET SNAPSHOT, BY COUNTRY, 2021-2030
FIGURE 04. TOP INVESTMENT POCKETS, BY COUNTRY
FIGURE 05. MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 06. MODERATE BARGAINING POWER OF BUYERS
FIGURE 07. MODERATE THREAT OF NEW ENTRANTS
FIGURE 08. MODERATE THREAT OF SUBSTITUTES
FIGURE 09. MODERATE INTENSITY OF RIVALRY
FIGURE 10. GLOBAL LACTIC ACID ESTER MARKET DYNAMICS
FIGURE 11. LACTIC ACID ESTER MARKET: VALUE CHAIN
FIGURE 12. LACTIC ACID ESTER MARKET: PATENT ANALYSIS BY COUNTRY
FIGURE 13. LACTIC ACID ESTER MARKET: PRICING ANALYSIS BY REGION
FIGURE 14. LACTIC ACID ESTER MARKET: PRICING ANALYSIS BY TYPE
FIGURE 15. LACTIC ACID ESTER MARKET, BY TYPE, 2020-2030 ($MILLION)
FIGURE 16. COMPARATIVE ANALYSIS OF METHYL LACTATE MARKET, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 17. COMPARATIVE ANALYSIS OF ETHYL LACTATE MARKET, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 18. COMPARATIVE ANALYSIS OF BUTYL LACTATE MARKET, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 19. COMPARATIVE ANALYSIS OF OTHER LACTIC ACID ESTER MARKET, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 20. LACTIC ACID ESTER MARKET, BY END-USE INDUSTRY, 2021-2030 ($MILLION)
FIGURE 21. COMPARATIVE ANALYSIS OF LACTIC ACID ESTER MARKET FOR PHARMACEUTICAL, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 22. COMPARATIVE ANALYSIS OF LACTIC ACID ESTER MARKET FOR COSMETICS AND PERSONAL CARE, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 23. COMPARATIVE ANALYSIS OF LACTIC ACID ESTER MARKET FOR ELECTRONICS, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 24. COMPARATIVE ANALYSIS OF LACTIC ACID ESTER MARKET FOR FOOD & BEVERAGES, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 25. COMPARATIVE ANALYSIS OF LACTIC ACID ESTER MARKET FOR AGROCHEMICAL, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 26. COMPARATIVE ANALYSIS OF LACTIC ACID ESTER MARKET FOR OTHER END USE INDUSTRY, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 27. LACTIC ACID ESTER MARKET, BY REGION, 2020-2030 ($MILLION)
FIGURE 28. U.S. LACTIC ACID ESTER MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 29. CANADA LACTIC ACID ESTER MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 30. MEXICO LACTIC ACID ESTER MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 31. GERMANY LACTIC ACID ESTER MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 32. FRANCE LACTIC ACID ESTER MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 33. UK LACTIC ACID ESTER MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 34. ITALY LACTIC ACID ESTER MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 35. THE NETHERLANDS LACTIC ACID ESTER MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 36. REST OF EUROPE LACTIC ACID ESTER MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 37. CHINA LACTIC ACID ESTER MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 38. JAPAN LACTIC ACID ESTER MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 39. INDIA LACTIC ACID ESTER MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 40. SOUTH KOREA LACTIC ACID ESTER MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 41. AUSTRALIA LACTIC ACID ESTER MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 42. REST OF ASIA-PACIFIC LACTIC ACID ESTER MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 43. BRAZIL LACTIC ACID ESTER MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 44. UAE LACTIC ACID ESTER MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 45. SAUDI ARABIA LACTIC ACID ESTER MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 46. SOUTH AFRICA LACTIC ACID ESTER MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 47. REST OF LAMEA LACTIC ACID ESTER MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 48. MARKET PLAYER POSITIONING, 2020
FIGURE 49. COMPETITIVE HEATMAP
FIGURE 50. PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 51. CORBION NV: NET SALES, 2018-2020 ($MILLION)
FIGURE 52. CORBION NV: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 53. CORBION NV: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 54. STEPAN: NET SALES, 2018-2020 ($MILLION)
FIGURE 55. STEPAN: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 56. STEPAN: REVENUE SHARE, BY REGION, 2020 (%)

Companies Mentioned

  • Corbion NV
  • Stepan
  • Jindan
  • Musashino
  • Shandong Enno
  • Shenzhen eSUN
  • Vertec Bio solvents
  • Galactic
  • Yancheng Huade
  • Zhengzhou

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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Table Information

Report AttributeDetails
No. of Pages322
PublishedDecember 2021
Forecast Period2020 - 2030
Estimated Market Value ( USD ) in 2020 $ 564.9 million
Forecasted Market Value ( USD ) by 2030 $ 803.7 million
Compound Annual Growth Rate3.6%
Regions CoveredGlobal
No. of Companies Mentioned10

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