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Ethyl Lactate Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

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    Report

  • 230 Pages
  • November 2022
  • Region: Global
  • Transparency Market Research
  • ID: 5710044

Ethyl Lactate Market - Scope of Report

This report on the global ethyl lactate market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2022 to 2031. The report provides revenue of the global ethyl lactate market for the period 2017-2031, considering 2021 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global ethyl lactate market from 2022 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the ethyl lactate market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global ethyl lactate market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report sheds light on the changing competitive dynamics in the global ethyl lactate market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global ethyl lactate market.

The report delves into the competitive landscape of the global ethyl lactate market. Key players operating in the global ethyl lactate market have been identified and each one of these has been profiled, in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are attributes of players in the global ethyl lactate market profiled in this report.

RESEARCH METHODOLOGY

The research methodology will be a combination of exhaustive primary and secondary research to analyze the market ethyl lactate.

Secondary Research

Secondary research includes a search of company literature, technical writing, patent data, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that we typically refer, but are not limited to:

  • Company websites, presentations, annual reports, white papers, technical paper, product brochure
  • Internal and external proprietary databases and relevant patents
  • National government documents, statistical databases, and market reports
  • News articles, press releases, and webcasts specific to companies operating in the market

Specific Secondary Sources:

Industry Sources:

  • WorldWideScience.org
  • Elsevier, Inc
  • National Institutes of Health (NIH)
  • PubMed
  • NCBI
  • Department of Health Care Service
  • Trade Data Sources
  • Trade Map
  • UN Comtrade
  • Trade Atlas
  • Company Information
  • OneSource Business Browser
  • Hoover’s
  • Factiva
  • Bloomberg
  • Mergers & Acquisitions
  • Thomson Mergers & Acquisitions
  • MergerStat
  • Profound

Primary Research

During the course of research, we conduct in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents bulk of research efforts, supplemented by extensive secondary research.

The publisher conducts primary interviews on the ongoing basis with industry participants and commentators to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides first-hand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews, as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies

Participants who typically take part in such a process include, but are not limited to:

  • Industry participants: Marketing/product managers, market intelligence managers, and regional sales managers
  • Purchasing/Sourcing managers, technical personnel, distributors
  • Outside experts: Investment bankers, valuation experts, and research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry verticals

List of primary participants, but not limited to:

  • Advanced Oncotherapy PLC
  • Danfysik A/S
  • Hitachi, Ltd
  • IBA Worldwide
  • Mevion Medical Systems, Inc
Data Triangulation: Information culled from “Secondary & Primary Sources” is cross-checked with the publisher's “Knowledge Repository”, which is updated every quarter.

Market Estimation: Market size estimations involved in-depth study of product features, technology updates, geographic presence, product demand, sales data (value or volume), historical year-on-year growth, and others. Other approaches were also utilized to derive market size and forecasts. Where no hard data was available, we employed modeling techniques in order to produce comprehensive datasets. A rigorous methodology has been adopted, wherein the available hard data are cross-referenced with the following data types to produce estimates:

Demographic Data: Healthcare expenditure, inflation rates, and others

Industry Indicators: R&D investment, technology stage, and infrastructure, sector growth, and facilities

Market Forecasting: Market forecasts for various segments are derived taking into account drivers, restraints/challenges, and opportunities prevailing in the market and considering advantages/disadvantages of segments/sub-segments over other segments/sub-segments. Business environment, historical sales pattern, unmet needs, competitive intensity, and country-wise surgery data are some of the other pivotal factors, which are considered to derive market forecasts.

Table of Contents

1. Executive Summary
1.1. Ethyl Lactate Market Snapshot
1.2. Key Market Trends
1.3. Current Market and Future Potential
1.4. Growth Opportunity Wheel
2. Market Overview
2.1. Market Segmentation
2.2. Market Indicators
2.3. Market Definitions
2.4. Market Dynamics
2.4.1. Drivers
2.4.2. Restraints
2.4.3. Opportunities
2.5. Porter’s Five Forces Analysis
2.6. Value Chain Analysis
2.6.1. List of Service Providers
2.6.2. List of Potential Customers
2.7. Product Specification Analysis
2.8. Overview of Manufacturing Process
2.9. Cost Structure Analysis
3. COVID-19 Impact Analysis4. Impact of Current Geopolitical Scenario on the Market
5. Global Production Output Analysis, by Region, 2021
5.1. North America
5.2. Europe
5.3. Asia Pacific
5.4. Latin America
5.5. Middle East & Africa
6. Price Trend Analysis and Forecast, 2020-2031
6.1. Price Comparison Analysis by Grade
6.2. Price Comparison Analysis by Region
7. Global Ethyl Lactate Market Analysis and Forecast, by Grade, 2020-2031
7.1. Introduction and Definitions
7.2. Global Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
7.2.1. Pharma
7.2.2. Food
7.2.3. Technical
7.2.4. Industrial
7.3. Global Ethyl Lactate Market Attractiveness, by Grade
8. Global Ethyl Lactate Market Analysis and Forecast, by End-use, 2020-2031
8.1. Introduction and Definitions
8.2. Global Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use,
8.2.1. Food & Beverages
8.2.2. Electronics
8.2.3. Paints & Coatings
8.2.4. Packaging & Printing ink
8.2.5. Pharmaceuticals
8.2.6. Cosmetics & Personal Care
8.2.7. Industrial Cleaning
8.2.8. Agrochemicals
8.2.9. Others
8.3. Global Ethyl Lactate Market Attractiveness, by End-use
9. Global Ethyl Lactate Market Analysis and Forecast, by Region, 2020-2031
9.1. Key Findings
9.2. Global Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Region, 2020-2031
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Latin America
9.2.5. Middle East & Africa
9.3. Global Ethyl Lactate Market Attractiveness, by Region
10. North America Ethyl Lactate Market Analysis and Forecast, 2020-2031
10.1. Key Findings
10.2. North America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
10.3. North America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
10.4. North America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country, 2020-2031
10.4.1. U.S. Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
10.4.2. U.S. Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
10.4.3. Canada Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
10.4.4. Canada Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
10.5. North America Ethyl Lactate Market Attractiveness Analysis
11. Europe Ethyl Lactate Market Analysis and Forecast, 2020-2031
11.1. Key Findings
11.2. Europe Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
11.3. Europe Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
11.4. Europe Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2020-2031
11.4.1. Germany Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
11.4.2. Germany Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
11.4.3. France Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
11.4.4. France Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
11.4.5. U.K. Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
11.4.6. U.K. Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
11.4.7. Italy Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
11.4.8. Italy Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
11.4.9. Russia & CIS Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
11.4.10. Russia & CIS Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
11.4.11. Rest of Europe Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
11.4.12. Rest of Europe Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
11.5. Europe Ethyl Lactate Market Attractiveness Analysis
12. Asia Pacific Ethyl Lactate Market Analysis and Forecast, 2020-2031
12.1. Key Findings
12.2. Asia Pacific Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
12.3. Asia Pacific Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
12.4. Asia Pacific Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2020-2031
12.4.1. China Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
12.4.2. China Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
12.4.3. Japan Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
12.4.4. Japan Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
12.4.5. India Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
12.4.6. India Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
12.4.7. ASEAN Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
12.4.8. ASEAN Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
12.4.9. Rest of Asia Pacific Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
12.4.10. Rest of Asia Pacific Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
12.5. Asia Pacific Ethyl Lactate Market Attractiveness Analysis
13. Latin America Ethyl Lactate Market Analysis and Forecast, 2020-2031
13.1. Key Findings
13.2. Latin America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
13.3. Latin America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
13.4. Latin America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2020-2031
13.4.1. Brazil Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
13.4.2. Brazil Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
13.4.3. Mexico Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
13.4.4. Mexico Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
13.4.5. Rest of Latin America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
13.4.6. Rest of Latin America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
13.5. Latin America Ethyl Lactate Market Attractiveness Analysis
14. Middle East & Africa Ethyl Lactate Market Analysis and Forecast, 2020-2031
14.1. Key Findings
14.2. Middle East & Africa Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
14.3. Middle East & Africa Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
14.4. Middle East & Africa Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2020-2031
14.4.1. GCC Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
14.4.2. GCC Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
14.4.3. South Africa Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
14.4.4. South Africa Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
14.4.5. Rest of Middle East & Africa Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
14.4.6. Rest of Middle East & Africa Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031
14.5. Middle East & Africa Ethyl Lactate Market Attractiveness Analysis
15. Global Ethyl Lactate Company Market Share Analysis, 2021
15.1. Competition Matrix
15.2. Market Footprint Analysis
15.2.1. By Grade
15.2.2. By End-use
15.3. Company Profiles (Details - Overview, Financials, Recent Developments, and Strategy)
15.3.1. Godavari Biorefineries Ltd.
15.3.1.1. Company Description
15.3.1.2. Business Overview
15.3.1.3. Financial Details
15.3.1.4. Strategic Overview
15.3.2. Aurochemicals
15.3.2.1. Company Description
15.3.2.2. Business Overview
15.3.2.3. Financial Details
15.3.2.4. Strategic Overview
15.3.3. Vertec Biosolvents Inc.
15.3.3.1. Company Description
15.3.3.2. Business Overview
15.3.3.3. Financial Details
15.3.3.4. Strategic Overview
15.3.4. Merck KGaA
15.3.4.1. Company Description
15.3.4.2. Business Overview
15.3.4.3. Financial Details
15.3.4.4. Strategic Overview
15.3.5. Corbion N.V.
15.3.5.1. Company Description
15.3.5.2. Business Overview
15.3.5.3. Financial Details
15.3.5.4. Strategic Overview
15.3.6. Henan Jindan Lactic Acid Technology Co., Ltd.
15.3.6.1. Company Description
15.3.6.2. Business Overview
15.3.6.3. Financial Details
15.3.6.4. Strategic Overview
15.3.7. Stepan
15.3.7.1. Company Description
15.3.7.2. Business Overview
15.3.7.3. Financial Details
15.3.7.4. Strategic Overview
15.3.8. Musashino Chemical Laboratory Ltd.
15.3.8.1. Company Description
15.3.8.2. Business Overview
15.3.8.3. Financial Details
15.3.8.4. Strategic Overview
15.3.9. TCI CHEMICALS (INDIA) PRIVATE LIMITED
15.3.9.1. Company Description
15.3.9.2. Business Overview
15.3.9.3. Financial Details
15.3.9.4. Strategic Overview
15.3.10. The Archer-Daniels-Midland Company
15.3.10.1. Company Description
15.3.10.2. Business Overview
15.3.10.3. Financial Details
15.3.10.4. Strategic Overview
15.3.11. Qingdao Abel Technology Co. Ltd.
15.3.11.1. Company Description
15.3.11.2. Business Overview
15.3.11.3. Financial Details
15.3.11.4. Strategic Overview
15.3.12. Shenzhen Esun Industrial Co., Ltd.
15.3.12.1. Company Description
15.3.12.2. Business Overview
15.3.12.3. Financial Details
15.3.12.4. Strategic Overview
15.3.13. Zhengzhou Tianrun Lactic Acid Co. Ltd.
15.3.13.1. Company Description
15.3.13.2. Business Overview
15.3.13.3. Financial Details
15.3.13.4. Strategic Overview
16. Primary Research: Key Insights17. Appendix

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Godavari Biorefineries Ltd.
  • Aurochemicals
  • Vertec Biosolvents Inc.
  • Merck KGaA
  • Corbion N.V.
  • Henan Jindan Lactic Acid Technology Co., Ltd.
  • Stepan
  • Musashino Chemical Laboratory Ltd.
  • TCI CHEMICALS (INDIA) PRIVATE LIMITED
  • The Archer-Daniels-Midland Company
  • Qingdao Abel Technology Co. Ltd.
  • Shenzhen Esun Industrial Co., Ltd.
  • Zhengzhou Tianrun Lactic Acid Co. Ltd.