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Global Lauric Acid Market Research Report 2024
Synopsis
Lauric acid, also properly known as dodecanoic acid, is a saturated fatty acid commonly found in coconut and palm oils, as well as in milk. Appearing as a white, powdery substance, its main use in manufacturing is as an ingredient in soaps and shampoos. Infants consume it during breastfeeding, and children, teens and adults ingest it by eating the fruits and oils that contain it. Research suggests it can have multiple health benefits because of its antimicrobial properties, but more studies are necessary to confirm initial results.
The global Lauric Acid market was valued at US$ 635.7 million in 2023 and is anticipated to reach US$ 752 million by 2030, witnessing a CAGR of 2.4% during the forecast period 2024-2030.
Global Lauric Acid key players include Wilmar, KLK OLEO, IOI Oleochemicals, Musim Mas, Oleon etc. Global top five manufacturers hold a share over 50%.
Asia-Pacific is the largest market, with a share over 40%, followed by North America and Europe, both have a share over 40% percent.
In terms of product, ≥99% Lauric Acid is the largest segment, with a share over 70%. And in terms of application, the largest application is Coating followed by Household Chemicals.
This report aims to provide a comprehensive presentation of the global market for Lauric Acid, 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 Lauric Acid.
Report Scope
The Lauric Acid market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Lauric Acid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Lauric Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Wilmar
KLK OLEO
IOI Oleochemicals
Musim Mas
Oleon
KAO
Permata Hijau
Pacific Oleochemicals
PT.Cisadane Raya
Emery
PT.SUMI ASIH
Bakrie
SOCI
Godrej Industries
AAK AB
VVF
Segment by Type
≥99% Lauric Acid
98-99% Lauric Acid
70-75% Lauric Acid
Other Lauric Acid (92%, 85%, etc.)
Segment by Application
Coating
Household Chemicals
Others
Production by Region
North America
Europe
China
Southeast Asia
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Lauric Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Lauric Acid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Lauric Acid 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Lauric acid, also properly known as dodecanoic acid, is a saturated fatty acid commonly found in coconut and palm oils, as well as in milk. Appearing as a white, powdery substance, its main use in manufacturing is as an ingredient in soaps and shampoos. Infants consume it during breastfeeding, and children, teens and adults ingest it by eating the fruits and oils that contain it. Research suggests it can have multiple health benefits because of its antimicrobial properties, but more studies are necessary to confirm initial results.
The global Lauric Acid market was valued at US$ 635.7 million in 2023 and is anticipated to reach US$ 752 million by 2030, witnessing a CAGR of 2.4% during the forecast period 2024-2030.
Global Lauric Acid key players include Wilmar, KLK OLEO, IOI Oleochemicals, Musim Mas, Oleon etc. Global top five manufacturers hold a share over 50%.
Asia-Pacific is the largest market, with a share over 40%, followed by North America and Europe, both have a share over 40% percent.
In terms of product, ≥99% Lauric Acid is the largest segment, with a share over 70%. And in terms of application, the largest application is Coating followed by Household Chemicals.
This report aims to provide a comprehensive presentation of the global market for Lauric Acid, 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 Lauric Acid.
Report Scope
The Lauric Acid market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Lauric Acid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Lauric Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Wilmar
KLK OLEO
IOI Oleochemicals
Musim Mas
Oleon
KAO
Permata Hijau
Pacific Oleochemicals
PT.Cisadane Raya
Emery
PT.SUMI ASIH
Bakrie
SOCI
Godrej Industries
AAK AB
VVF
Segment by Type
≥99% Lauric Acid
98-99% Lauric Acid
70-75% Lauric Acid
Other Lauric Acid (92%, 85%, etc.)
Segment by Application
Coating
Household Chemicals
Others
Production by Region
North America
Europe
China
Southeast Asia
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Lauric Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Lauric Acid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Lauric Acid 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Index1 Lauric Acid Market Overview
1.1 Product Definition
1.2 Lauric Acid Segment by Type
1.2.1 Global Lauric Acid Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 ≥99% Lauric Acid
1.2.3 98-99% Lauric Acid
1.2.4 70-75% Lauric Acid
1.2.5 Other Lauric Acid (92%, 85%, etc.)
1.3 Lauric Acid Segment by Application
1.3.1 Global Lauric Acid Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Coating
1.3.3 Household Chemicals
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Lauric Acid Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Lauric Acid Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Lauric Acid Production Estimates and Forecasts (2019-2030)
1.4.4 Global Lauric Acid Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Lauric Acid Production Market Share by Manufacturers (2019-2024)
2.2 Global Lauric Acid Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Lauric Acid, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Lauric Acid Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Lauric Acid Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Lauric Acid, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Lauric Acid, Product Offered and Application
2.8 Global Key Manufacturers of Lauric Acid, Date of Enter into This Industry
2.9 Lauric Acid Market Competitive Situation and Trends
2.9.1 Lauric Acid Market Concentration Rate
2.9.2 Global 5 and 10 Largest Lauric Acid Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Lauric Acid Production by Region
3.1 Global Lauric Acid Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Lauric Acid Production Value by Region (2019-2030)
3.2.1 Global Lauric Acid Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Lauric Acid by Region (2025-2030)
3.3 Global Lauric Acid Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Lauric Acid Production by Region (2019-2030)
3.4.1 Global Lauric Acid Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Lauric Acid by Region (2025-2030)
3.5 Global Lauric Acid Market Price Analysis by Region (2019-2024)
3.6 Global Lauric Acid Production and Value, Year-over-Year Growth
3.6.1 North America Lauric Acid Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Lauric Acid Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Lauric Acid Production Value Estimates and Forecasts (2019-2030)
3.6.4 Southeast Asia Lauric Acid Production Value Estimates and Forecasts (2019-2030)
3.6.5 India Lauric Acid Production Value Estimates and Forecasts (2019-2030)
4 Lauric Acid Consumption by Region
4.1 Global Lauric Acid Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Lauric Acid Consumption by Region (2019-2030)
4.2.1 Global Lauric Acid Consumption by Region (2019-2024)
4.2.2 Global Lauric Acid Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Lauric Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Lauric Acid Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Lauric Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Lauric Acid Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Lauric Acid Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Lauric Acid Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Lauric Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Lauric Acid Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Lauric Acid Production by Type (2019-2030)
5.1.1 Global Lauric Acid Production by Type (2019-2024)
5.1.2 Global Lauric Acid Production by Type (2025-2030)
5.1.3 Global Lauric Acid Production Market Share by Type (2019-2030)
5.2 Global Lauric Acid Production Value by Type (2019-2030)
5.2.1 Global Lauric Acid Production Value by Type (2019-2024)
5.2.2 Global Lauric Acid Production Value by Type (2025-2030)
5.2.3 Global Lauric Acid Production Value Market Share by Type (2019-2030)
5.3 Global Lauric Acid Price by Type (2019-2030)
6 Segment by Application
6.1 Global Lauric Acid Production by Application (2019-2030)
6.1.1 Global Lauric Acid Production by Application (2019-2024)
6.1.2 Global Lauric Acid Production by Application (2025-2030)
6.1.3 Global Lauric Acid Production Market Share by Application (2019-2030)
6.2 Global Lauric Acid Production Value by Application (2019-2030)
6.2.1 Global Lauric Acid Production Value by Application (2019-2024)
6.2.2 Global Lauric Acid Production Value by Application (2025-2030)
6.2.3 Global Lauric Acid Production Value Market Share by Application (2019-2030)
6.3 Global Lauric Acid Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Wilmar
7.1.1 Wilmar Lauric Acid Corporation Information
7.1.2 Wilmar Lauric Acid Product Portfolio
7.1.3 Wilmar Lauric Acid Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Wilmar Main Business and Markets Served
7.1.5 Wilmar Recent Developments/Updates
7.2 KLK OLEO
7.2.1 KLK OLEO Lauric Acid Corporation Information
7.2.2 KLK OLEO Lauric Acid Product Portfolio
7.2.3 KLK OLEO Lauric Acid Production, Value, Price and Gross Margin (2019-2024)
7.2.4 KLK OLEO Main Business and Markets Served
7.2.5 KLK OLEO Recent Developments/Updates
7.3 IOI Oleochemicals
7.3.1 IOI Oleochemicals Lauric Acid Corporation Information
7.3.2 IOI Oleochemicals Lauric Acid Product Portfolio
7.3.3 IOI Oleochemicals Lauric Acid Production, Value, Price and Gross Margin (2019-2024)
7.3.4 IOI Oleochemicals Main Business and Markets Served
7.3.5 IOI Oleochemicals Recent Developments/Updates
7.4 Musim Mas
7.4.1 Musim Mas Lauric Acid Corporation Information
7.4.2 Musim Mas Lauric Acid Product Portfolio
7.4.3 Musim Mas Lauric Acid Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Musim Mas Main Business and Markets Served
7.4.5 Musim Mas Recent Developments/Updates
7.5 Oleon
7.5.1 Oleon Lauric Acid Corporation Information
7.5.2 Oleon Lauric Acid Product Portfolio
7.5.3 Oleon Lauric Acid Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Oleon Main Business and Markets Served
7.5.5 Oleon Recent Developments/Updates
7.6 KAO
7.6.1 KAO Lauric Acid Corporation Information
7.6.2 KAO Lauric Acid Product Portfolio
7.6.3 KAO Lauric Acid Production, Value, Price and Gross Margin (2019-2024)
7.6.4 KAO Main Business and Markets Served
7.6.5 KAO Recent Developments/Updates
7.7 Permata Hijau
7.7.1 Permata Hijau Lauric Acid Corporation Information
7.7.2 Permata Hijau Lauric Acid Product Portfolio
7.7.3 Permata Hijau Lauric Acid Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Permata Hijau Main Business and Markets Served
7.7.5 Permata Hijau Recent Developments/Updates
7.8 Pacific Oleochemicals
7.8.1 Pacific Oleochemicals Lauric Acid Corporation Information
7.8.2 Pacific Oleochemicals Lauric Acid Product Portfolio
7.8.3 Pacific Oleochemicals Lauric Acid Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Pacific Oleochemicals Main Business and Markets Served
7.7.5 Pacific Oleochemicals Recent Developments/Updates
7.9 PT.Cisadane Raya
7.9.1 PT.Cisadane Raya Lauric Acid Corporation Information
7.9.2 PT.Cisadane Raya Lauric Acid Product Portfolio
7.9.3 PT.Cisadane Raya Lauric Acid Production, Value, Price and Gross Margin (2019-2024)
7.9.4 PT.Cisadane Raya Main Business and Markets Served
7.9.5 PT.Cisadane Raya Recent Developments/Updates
7.10 Emery
7.10.1 Emery Lauric Acid Corporation Information
7.10.2 Emery Lauric Acid Product Portfolio
7.10.3 Emery Lauric Acid Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Emery Main Business and Markets Served
7.10.5 Emery Recent Developments/Updates
7.11 PT.SUMI ASIH
7.11.1 PT.SUMI ASIH Lauric Acid Corporation Information
7.11.2 PT.SUMI ASIH Lauric Acid Product Portfolio
7.11.3 PT.SUMI ASIH Lauric Acid Production, Value, Price and Gross Margin (2019-2024)
7.11.4 PT.SUMI ASIH Main Business and Markets Served
7.11.5 PT.SUMI ASIH Recent Developments/Updates
7.12 Bakrie
7.12.1 Bakrie Lauric Acid Corporation Information
7.12.2 Bakrie Lauric Acid Product Portfolio
7.12.3 Bakrie Lauric Acid Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Bakrie Main Business and Markets Served
7.12.5 Bakrie Recent Developments/Updates
7.13 SOCI
7.13.1 SOCI Lauric Acid Corporation Information
7.13.2 SOCI Lauric Acid Product Portfolio
7.13.3 SOCI Lauric Acid Production, Value, Price and Gross Margin (2019-2024)
7.13.4 SOCI Main Business and Markets Served
7.13.5 SOCI Recent Developments/Updates
7.14 Godrej Industries
7.14.1 Godrej Industries Lauric Acid Corporation Information
7.14.2 Godrej Industries Lauric Acid Product Portfolio
7.14.3 Godrej Industries Lauric Acid Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Godrej Industries Main Business and Markets Served
7.14.5 Godrej Industries Recent Developments/Updates
7.15 AAK AB
7.15.1 AAK AB Lauric Acid Corporation Information
7.15.2 AAK AB Lauric Acid Product Portfolio
7.15.3 AAK AB Lauric Acid Production, Value, Price and Gross Margin (2019-2024)
7.15.4 AAK AB Main Business and Markets Served
7.15.5 AAK AB Recent Developments/Updates
7.16 VVF
7.16.1 VVF Lauric Acid Corporation Information
7.16.2 VVF Lauric Acid Product Portfolio
7.16.3 VVF Lauric Acid Production, Value, Price and Gross Margin (2019-2024)
7.16.4 VVF Main Business and Markets Served
7.16.5 VVF Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Lauric Acid Industry Chain Analysis
8.2 Lauric Acid Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Lauric Acid Production Mode & Process
8.4 Lauric Acid Sales and Marketing
8.4.1 Lauric Acid Sales Channels
8.4.2 Lauric Acid Distributors
8.5 Lauric Acid Customers
9 Lauric Acid Market Dynamics
9.1 Lauric Acid Industry Trends
9.2 Lauric Acid Market Drivers
9.3 Lauric Acid Market Challenges
9.4 Lauric Acid Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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