Ammonium lactate is a compound with formula NH4 (C2H4 (OH) COO). It is the ammonium salt of lactic acid. It has mild anti-bacterial properties.
The global L-Ammonium Lactate industry has a rather high concentration. The major manufacturers are concentrated in China, North America, Europe, India and Asia Others, such as Corbion-Purac, Chattem Chemicals, Musashino Chemical, SHXSHW and Jindan. At present, Corbion-Purac is the world leader, holding 45.61% production market share in 2017.
L-Ammonium Lactate downstream is wide and recently L-Ammonium Lactate has acquired increasing significance in various fields of Skin Care, Feed Additives, Pharmaceutical and Others,. Globally, the L-Ammonium Lactate market is mainly driven by growing demand for Skin Care. Skin Care accounts for nearly 49.32% of total downstream consumption of L-Ammonium Lactate in global.
L-Ammonium Lactate can be mainly divided into General Grade and Cosmetic Grade which General Grade captures about 52.76% of L-Ammonium Lactate market in 2017. According to our research and analysis, manufacturers from Europe are the major leaders in the international market of L-Ammonium Lactate.
According to this study, over the next five years the L-Ammonium Lactate market will register a 3.5% CAGR in terms of revenue, the global market size will reach US$ 1000 million by 2024, from US$ 810 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in L-Ammonium Lactate business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of L-Ammonium Lactate market by product type, application, key manufacturers and key regions and countries.
This study considers the L-Ammonium Lactate value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
General Grade
Cosmetic Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Skin Care
Feed Additives
Pharmaceutical
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Corbion-Purac
Chattem Chemicals
Musashino Chemical
SHXSHW
Jindan
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global L-Ammonium Lactate consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of L-Ammonium Lactate market by identifying its various subsegments.
Focuses on the key global L-Ammonium Lactate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the L-Ammonium Lactate with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of L-Ammonium Lactate submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on L-Ammonium Lactate . Industry analysis & Market Report on L-Ammonium Lactate is a syndicated market report, published as Global L-Ammonium Lactate Market Growth 2019-2024. It is complete Research Study and Industry Analysis of L-Ammonium Lactate market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.