Ethyl lactate, also known as lactic acid ethyl ester, is a monobasic ester formed from lactic acid and ethanol, commonly used as a solvent. This compound is considered biodegradable
Scope of the Report:
Because of gradual economy recovery, downstream application of ethyl lactate is broadening such as food industry, Pharmaceutical industry, electronics industry, paint industry. In 2017, 46.13% ethyl lactate was used in Industrial Application industry and 30.13% was used in Food & Beverage.
China and North America is the main product and consume market. China consumption 7251 MT ethyl lactate in 2017, while North America consumption is 9375 MT accounting for 35.82 percent of the global consumption. Corbion and Galactic is the world leaders for the time being, taking 18.41% and 13.55% of the global ethyl lactate production respectively. Many companies are dedicated to providing high performance products with their advanced technology for customers.
The worldwide market for Ethyl Lactate is expected to grow at a CAGR of roughly 3.4% over the next five years, will reach 92 million US$ in 2024, from 76 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Ethyl Lactate 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.
Market Segment by Manufacturers, this report covers
Corbion
Galactic
Godavari Biorefineries
Musashino Chemical Laboratory
Vertec BioSolvents
Yancheng Hongtai Bioengineering
Huade Biological Engineering
Henan Kangyuan
Shenzhen Esun Industrial
Haijianuo Bioengineer
Jindan Lactic Acid
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
Food Grade
Pharmaceutical Grade
Industrial Grade
Electronic Grade
Market Segment by Applications, can be divided into
Food & Beverage
Industrial Application
Pharmaceutical
Microelectronics
Other
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Ethyl Lactate product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Ethyl Lactate, with price, sales, revenue and global market share of Ethyl Lactate in 2017 and 2018.
Chapter 3, the Ethyl Lactate competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Ethyl Lactate breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Ethyl Lactate market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Ethyl Lactate sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Summary:
Get latest Market Research Reports on Ethyl Lactate . Industry analysis & Market Report on Ethyl Lactate is a syndicated market report, published as Global Ethyl Lactate Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024. It is complete Research Study and Industry Analysis of Ethyl Lactate market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.