The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Lactic Acid and Derivative-Global Market Insights and Sales Trends 2024
Synopsis
Lactic acid is an organic compound with the formula CH3CH(OH)CO2H.
The global Lactic Acid and Derivative market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Lactic Acid and Derivative in various end use industries. The expanding demands from the Packaging, Agriculture, Automobile and Electronics, are propelling Lactic Acid and Derivative market. Lactic Acid, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Polylactic Acid segment is estimated at % CAGR for the next seven-year period.
China has surpassed Western Europe to become the second largest lactic acid market, with growth in consumption primarily benefiting from increasing demand in the food and beverage processing industry as well as robust export demand.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Lactic Acid and Derivative, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Lactic Acid and Derivative market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Lactic Acid and Derivative market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Lactic Acid and Derivative sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Lactic Acid and Derivative covered in this report include Dow, Corbion, Natureworks, ADM, Cargill, BASF, Teijin, Zhejiang Hisun Biomaterials and COFCO Biochemical & Galactic, etc.
The global Lactic Acid and Derivative market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Dow
Corbion
Natureworks
ADM
Cargill
BASF
Teijin
Zhejiang Hisun Biomaterials
COFCO Biochemical & Galactic
Jindan Lactic Acid Technology
Hypow Biotechnology
Global Lactic Acid and Derivative market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Lactic Acid and Derivative market, Segment by Type:
Lactic Acid
Polylactic Acid
Others
Global Lactic Acid and Derivative market, by Application
Packaging
Agriculture
Automobile
Electronics
Textile
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Lactic Acid and Derivative manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Lactic Acid and Derivative in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Lactic acid is an organic compound with the formula CH3CH(OH)CO2H.
The global Lactic Acid and Derivative market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Lactic Acid and Derivative in various end use industries. The expanding demands from the Packaging, Agriculture, Automobile and Electronics, are propelling Lactic Acid and Derivative market. Lactic Acid, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Polylactic Acid segment is estimated at % CAGR for the next seven-year period.
China has surpassed Western Europe to become the second largest lactic acid market, with growth in consumption primarily benefiting from increasing demand in the food and beverage processing industry as well as robust export demand.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Lactic Acid and Derivative, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Lactic Acid and Derivative market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Lactic Acid and Derivative market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Lactic Acid and Derivative sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Lactic Acid and Derivative covered in this report include Dow, Corbion, Natureworks, ADM, Cargill, BASF, Teijin, Zhejiang Hisun Biomaterials and COFCO Biochemical & Galactic, etc.
The global Lactic Acid and Derivative market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Dow
Corbion
Natureworks
ADM
Cargill
BASF
Teijin
Zhejiang Hisun Biomaterials
COFCO Biochemical & Galactic
Jindan Lactic Acid Technology
Hypow Biotechnology
Global Lactic Acid and Derivative market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Lactic Acid and Derivative market, Segment by Type:
Lactic Acid
Polylactic Acid
Others
Global Lactic Acid and Derivative market, by Application
Packaging
Agriculture
Automobile
Electronics
Textile
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Lactic Acid and Derivative manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Lactic Acid and Derivative in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Lactic Acid and Derivative Market Overview
1.1 Lactic Acid and Derivative Product Overview
1.2 Lactic Acid and Derivative Market Segment by Type
1.2.1 Lactic Acid
1.2.2 Polylactic Acid
1.2.3 Others
1.3 Global Lactic Acid and Derivative Market Size by Type
1.3.1 Global Lactic Acid and Derivative Market Size Overview by Type (2018-2029)
1.3.2 Global Lactic Acid and Derivative Historic Market Size Review by Type (2018-2023)
1.3.3 Global Lactic Acid and Derivative Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Lactic Acid and Derivative Sales Breakdown by Type (2018-2023)
1.4.2 Europe Lactic Acid and Derivative Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Lactic Acid and Derivative Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Lactic Acid and Derivative Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Lactic Acid and Derivative Sales Breakdown by Type (2018-2023)
2 Global Lactic Acid and Derivative Market Competition by Company
2.1 Global Top Players by Lactic Acid and Derivative Sales (2018-2023)
2.2 Global Top Players by Lactic Acid and Derivative Revenue (2018-2023)
2.3 Global Top Players by Lactic Acid and Derivative Price (2018-2023)
2.4 Global Top Manufacturers Lactic Acid and Derivative Manufacturing Base Distribution, Sales Area, Product Type
2.5 Lactic Acid and Derivative Market Competitive Situation and Trends
2.5.1 Lactic Acid and Derivative Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Lactic Acid and Derivative Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Lactic Acid and Derivative as of 2022)
2.7 Date of Key Manufacturers Enter into Lactic Acid and Derivative Market
2.8 Key Manufacturers Lactic Acid and Derivative Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Lactic Acid and Derivative Status and Outlook by Region
3.1 Global Lactic Acid and Derivative Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Lactic Acid and Derivative Historic Market Size by Region
3.2.1 Global Lactic Acid and Derivative Sales in Volume by Region (2018-2023)
3.2.2 Global Lactic Acid and Derivative Sales in Value by Region (2018-2023)
3.2.3 Global Lactic Acid and Derivative Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Lactic Acid and Derivative Forecasted Market Size by Region
3.3.1 Global Lactic Acid and Derivative Sales in Volume by Region (2024-2029)
3.3.2 Global Lactic Acid and Derivative Sales in Value by Region (2024-2029)
3.3.3 Global Lactic Acid and Derivative Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Lactic Acid and Derivative by Application
4.1 Lactic Acid and Derivative Market Segment by Application
4.1.1 Packaging
4.1.2 Agriculture
4.1.3 Automobile
4.1.4 Electronics
4.1.5 Textile
4.1.6 Others
4.2 Global Lactic Acid and Derivative Market Size by Application
4.2.1 Global Lactic Acid and Derivative Market Size Overview by Application (2018-2029)
4.2.2 Global Lactic Acid and Derivative Historic Market Size Review by Application (2018-2023)
4.2.3 Global Lactic Acid and Derivative Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Lactic Acid and Derivative Sales Breakdown by Application (2018-2023)
4.3.2 Europe Lactic Acid and Derivative Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Lactic Acid and Derivative Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Lactic Acid and Derivative Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Lactic Acid and Derivative Sales Breakdown by Application (2018-2023)
5 North America Lactic Acid and Derivative by Country
5.1 North America Lactic Acid and Derivative Historic Market Size by Country
5.1.1 North America Lactic Acid and Derivative Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Lactic Acid and Derivative Sales in Volume by Country (2018-2023)
5.1.3 North America Lactic Acid and Derivative Sales in Value by Country (2018-2023)
5.2 North America Lactic Acid and Derivative Forecasted Market Size by Country
5.2.1 North America Lactic Acid and Derivative Sales in Volume by Country (2024-2029)
5.2.2 North America Lactic Acid and Derivative Sales in Value by Country (2024-2029)
6 Europe Lactic Acid and Derivative by Country
6.1 Europe Lactic Acid and Derivative Historic Market Size by Country
6.1.1 Europe Lactic Acid and Derivative Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Lactic Acid and Derivative Sales in Volume by Country (2018-2023)
6.1.3 Europe Lactic Acid and Derivative Sales in Value by Country (2018-2023)
6.2 Europe Lactic Acid and Derivative Forecasted Market Size by Country
6.2.1 Europe Lactic Acid and Derivative Sales in Volume by Country (2024-2029)
6.2.2 Europe Lactic Acid and Derivative Sales in Value by Country (2024-2029)
7 Asia-Pacific Lactic Acid and Derivative by Region
7.1 Asia-Pacific Lactic Acid and Derivative Historic Market Size by Region
7.1.1 Asia-Pacific Lactic Acid and Derivative Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Lactic Acid and Derivative Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Lactic Acid and Derivative Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Lactic Acid and Derivative Forecasted Market Size by Region
7.2.1 Asia-Pacific Lactic Acid and Derivative Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Lactic Acid and Derivative Sales in Value by Region (2024-2029)
8 Latin America Lactic Acid and Derivative by Country
8.1 Latin America Lactic Acid and Derivative Historic Market Size by Country
8.1.1 Latin America Lactic Acid and Derivative Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Lactic Acid and Derivative Sales in Volume by Country (2018-2023)
8.1.3 Latin America Lactic Acid and Derivative Sales in Value by Country (2018-2023)
8.2 Latin America Lactic Acid and Derivative Forecasted Market Size by Country
8.2.1 Latin America Lactic Acid and Derivative Sales in Volume by Country (2024-2029)
8.2.2 Latin America Lactic Acid and Derivative Sales in Value by Country (2024-2029)
9 Middle East and Africa Lactic Acid and Derivative by Country
9.1 Middle East and Africa Lactic Acid and Derivative Historic Market Size by Country
9.1.1 Middle East and Africa Lactic Acid and Derivative Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Lactic Acid and Derivative Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Lactic Acid and Derivative Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Lactic Acid and Derivative Forecasted Market Size by Country
9.2.1 Middle East and Africa Lactic Acid and Derivative Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Lactic Acid and Derivative Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Dow
10.1.1 Dow Company Information
10.1.2 Dow Introduction and Business Overview
10.1.3 Dow Lactic Acid and Derivative Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Dow Lactic Acid and Derivative Products Offered
10.1.5 Dow Recent Development
10.2 Corbion
10.2.1 Corbion Company Information
10.2.2 Corbion Introduction and Business Overview
10.2.3 Corbion Lactic Acid and Derivative Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Corbion Lactic Acid and Derivative Products Offered
10.2.5 Corbion Recent Development
10.3 Natureworks
10.3.1 Natureworks Company Information
10.3.2 Natureworks Introduction and Business Overview
10.3.3 Natureworks Lactic Acid and Derivative Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Natureworks Lactic Acid and Derivative Products Offered
10.3.5 Natureworks Recent Development
10.4 ADM
10.4.1 ADM Company Information
10.4.2 ADM Introduction and Business Overview
10.4.3 ADM Lactic Acid and Derivative Sales, Revenue and Gross Margin (2018-2023)
10.4.4 ADM Lactic Acid and Derivative Products Offered
10.4.5 ADM Recent Development
10.5 Cargill
10.5.1 Cargill Company Information
10.5.2 Cargill Introduction and Business Overview
10.5.3 Cargill Lactic Acid and Derivative Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Cargill Lactic Acid and Derivative Products Offered
10.5.5 Cargill Recent Development
10.6 BASF
10.6.1 BASF Company Information
10.6.2 BASF Introduction and Business Overview
10.6.3 BASF Lactic Acid and Derivative Sales, Revenue and Gross Margin (2018-2023)
10.6.4 BASF Lactic Acid and Derivative Products Offered
10.6.5 BASF Recent Development
10.7 Teijin
10.7.1 Teijin Company Information
10.7.2 Teijin Introduction and Business Overview
10.7.3 Teijin Lactic Acid and Derivative Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Teijin Lactic Acid and Derivative Products Offered
10.7.5 Teijin Recent Development
10.8 Zhejiang Hisun Biomaterials
10.8.1 Zhejiang Hisun Biomaterials Company Information
10.8.2 Zhejiang Hisun Biomaterials Introduction and Business Overview
10.8.3 Zhejiang Hisun Biomaterials Lactic Acid and Derivative Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Zhejiang Hisun Biomaterials Lactic Acid and Derivative Products Offered
10.8.5 Zhejiang Hisun Biomaterials Recent Development
10.9 COFCO Biochemical & Galactic
10.9.1 COFCO Biochemical & Galactic Company Information
10.9.2 COFCO Biochemical & Galactic Introduction and Business Overview
10.9.3 COFCO Biochemical & Galactic Lactic Acid and Derivative Sales, Revenue and Gross Margin (2018-2023)
10.9.4 COFCO Biochemical & Galactic Lactic Acid and Derivative Products Offered
10.9.5 COFCO Biochemical & Galactic Recent Development
10.10 Jindan Lactic Acid Technology
10.10.1 Jindan Lactic Acid Technology Company Information
10.10.2 Jindan Lactic Acid Technology Introduction and Business Overview
10.10.3 Jindan Lactic Acid Technology Lactic Acid and Derivative Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Jindan Lactic Acid Technology Lactic Acid and Derivative Products Offered
10.10.5 Jindan Lactic Acid Technology Recent Development
10.11 Hypow Biotechnology
10.11.1 Hypow Biotechnology Company Information
10.11.2 Hypow Biotechnology Introduction and Business Overview
10.11.3 Hypow Biotechnology Lactic Acid and Derivative Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Hypow Biotechnology Lactic Acid and Derivative Products Offered
10.11.5 Hypow Biotechnology Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Lactic Acid and Derivative Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Lactic Acid and Derivative Industrial Chain Analysis
11.4 Lactic Acid and Derivative Market Dynamics
11.4.1 Lactic Acid and Derivative Industry Trends
11.4.2 Lactic Acid and Derivative Market Drivers
11.4.3 Lactic Acid and Derivative Market Challenges
11.4.4 Lactic Acid and Derivative Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Lactic Acid and Derivative Distributors
12.3 Lactic Acid and Derivative Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Chemicals Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
