Lactic acid esters are derived from esterification of lactic acid. It is also referred to as a derivative of lactic acid. Lactic acid is a green solvent that is 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.
Scope of the Report:This report focuses on the Lactic Acid Esters in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The food and beverage segment is estimated to reach a value of about US$ 90 Mn by the end of the year of assessment (2025) from a value of around US$ 45 Mn in 2017 and is projected to grow at a value CAGR of 7.2% throughout the period of forecast.
The worldwide market for Lactic Acid Esters is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2025, from xx million US$ in 2020, according to a new study.
Market Segment by Manufacturers, this report covers Stephan
Merck Kraal
Galactic
Corbin
GODAVARI
Cellular
Henan JinanTechnology
Musashino
Zhengzhou Tianrun
Shenzhen Esun
QINGDAO ABEL
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Ethyl Lactate
Methyl Lactate
Butyl Lactate
Others
Market Segment by Applications, can be divided into Electronics
Paints & Inks
Agrochemicals
Pharmaceuticals
Food & Beverages
Others
There are 15 Chapters to deeply display the global Lactic Acid Esters market.
Chapter 1, to describe Lactic Acid Esters Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Lactic Acid Esters, with sales, revenue, and price of Lactic Acid Esters, in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Lactic Acid Esters, for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Lactic Acid Esters market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025;
Chapter 13, 14 and 15, to describe Lactic Acid Esters sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.