Report overview
Lactate Esters are derivatives of lactic acid. It is commonly used as a solvent or intermediate in pharmaceutical, detergent, coatings, food and fragrance production. The most common types include methyl lactate, ethyl lactate and butyl lactate, etc.
This report aims to provide a comprehensive presentation of the global market for Lactate Esters, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lactate Esters. This report contains market size and forecasts of Lactate Esters in global, including the following market information:
Global Lactate Esters Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Lactate Esters Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Lactate Esters companies in 2022 (%)
The global Lactate Esters market was valued at US$ 96 million in 2022 and is projected to reach US$ 111.4 million by 2029, at a CAGR of 2.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Lactate Esters key players include Corbion, Galactic, Musashino Chemical Laboratory, Vertec BioSolvents, Yancheng, Hongtai Bioengineering, etc. Global top five players hold a share about 55%.
China is the largest market, with a share about 40%, followed by North America and Europe, having a total share about 40 percent.
In terms of product, Ethyl Lactate is the largest segment, with a share about 75%. And in terms of application, the largest application is Electronics, followed by Paints and Inks, Agrochemicals, Pharmaceuticals, Food and Beverage.
We surveyed the Lactate Esters manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Lactate Esters Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Lactate Esters Market Segment Percentages, by Type, 2022 (%)
Methyl Lactate
Ethyl Lactate
Butyl Lactate
Others
Global Lactate Esters Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Lactate Esters Market Segment Percentages, by Application, 2022 (%)
Electronics
Paints and Inks
Agrochemicals
Pharmaceuticals
Food and Beverage
Others
Global Lactate Esters Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Lactate Esters Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Lactate Esters revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Lactate Esters revenues share in global market, 2022 (%)
Key companies Lactate Esters sales in global market, 2018-2023 (Estimated), (MT)
Key companies Lactate Esters sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Corbion
Galactic
Musashino Chemical Laboratory
Vertec BioSolvents
Godavari Biorefineries
Yancheng Hongtai Bioengineering
Huade Biological Engineering
Yibang Industry and Commerce
Haijianuo Bioengineer
Jindan Lactic Acid
Pianguan Shenxia
Shenzhen Esun Industrial
Baisheng Biotechnology
Tianrun Lactic Acid
Outline of Major Chapters:
Chapter 1: Introduces the definition of Lactate Esters, market overview.
Chapter 2: Global Lactate Esters market size in revenue and volume.
Chapter 3: Detailed analysis of Lactate Esters manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Lactate Esters in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Lactate Esters capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
