Report Detail
Global Lauric Acid Market Growth 2019-2024
- RnM2895440 |
- 07 February, 2019 |
- Global |
- 160 Pages |
- LPI(LP Information) |
- Other
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 sales volume of lauric acid increases to 466 K MT in 2016 from 416 K MT in 2012, at a CAGR of more than 1.9%. In 2016, the global lauric acid market is led by Asia-Pacific, capturing about 52.8% of global lauric acid sales volume. Europe is the second-largest region-wise market with 21.7% global Share, followed by North America (16.2%).
The global lauric acid market that was valued at 549 Million USD in 2012 is estimated to be worth 552 Million USD by the end of 2016.
Lauric acid downstream is wide and recently lauric acid has acquired increasing significance in various fields of Coatings, Household Chemicals and Other Applications. Globally, the lauric acid market is mainly driven by growing demand for Household Chemicals and Coatings which account for nearly 88% of total downstream consumption of lauric acid in global in 2016.
Based on types of lauric acid available in the market, the report segments the market into ≥99% Lauric Acid, 98-99% Lauric Acid, 70-75% Lauric Acid, Other Lauric Acid (92%, 85%, etc.). The market for ≥99% Lauric Acid and 98-99% Lauric Acid accounted for the largest market share in 2016, mainly owing to their high purity.
According to our research and analysis, manufacturers from Malaysia, Indonesia, India, etc., are the leaders in the international market of lauric acid. Despite the presence of competition problems, limiting of natural resources and low industry profits, there are few investments to enter the field at present.
At present, the major manufacturers of lauric acid are Wilmar, KLK OLEO, IOI Oleochemicals, Musim Mas, Oleon, KAO, Permata Hijau, Pacific Oleochemicals, PT.Cisadane Raya and Emery, etc. The top five of them is holding about 60% sales market share in 2016.
According to this study, over the next five years the Lauric Acid market will register a 2.3% CAGR in terms of revenue, the global market size will reach US$ 660 million by 2024, from US$ 580 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Lauric Acid business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Lauric Acid market by product type, application, key manufacturers and key regions and countries.
This study considers the Lauric Acid 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.
≥99% Lauric Acid
98-99% Lauric Acid
70-75% Lauric Acid
Other Lauric Acid (92%, 85%, etc.)
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Coating
Household Chemicals
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.
Wilmar
KLK OLEO
IOI Oleochemicals
Musim Mas
Oleon
KAO
Permata Hijau
Pacific Oleochemicals
PT.Cisadane Raya
Emery
PT.SUMI ASIH
Bakrie Group
SOCI
Godrej Industries
AAK AB
VVF
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 Lauric Acid 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 Lauric Acid market by identifying its various subsegments.
Focuses on the key global Lauric Acid 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 Lauric Acid 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 Lauric Acid 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.
Table of Contents
2019-2024 Global Lauric Acid Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Lauric Acid Consumption 2014-2024
- 2.1.2 Lauric Acid Consumption CAGR by Region
- 2.2 Lauric Acid Segment by Type
- 2.2.1 ≥99% Lauric Acid
- 2.2.2 98-99% Lauric Acid
- 2.2.3 70-75% Lauric Acid
- 2.2.4 Other Lauric Acid (92%, 85%, etc.)
- 2.3 Lauric Acid Consumption by Type
- 2.3.1 Global Lauric Acid Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Lauric Acid Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Lauric Acid Sale Price by Type (2014-2019)
- 2.4 Lauric Acid Segment by Application
- 2.4.1 Coating
- 2.4.2 Household Chemicals
- 2.4.3 Others
- 2.5 Lauric Acid Consumption by Application
- 2.5.1 Global Lauric Acid Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Lauric Acid Value and Market Share by Application (2014-2019)
- 2.5.3 Global Lauric Acid Sale Price by Application (2014-2019)
3 Global Lauric Acid by Players
- 3.1 Global Lauric Acid Sales Market Share by Players
- 3.1.1 Global Lauric Acid Sales by Players (2017-2019)
- 3.1.2 Global Lauric Acid Sales Market Share by Players (2017-2019)
- 3.2 Global Lauric Acid Revenue Market Share by Players
- 3.2.1 Global Lauric Acid Revenue by Players (2017-2019)
- 3.2.2 Global Lauric Acid Revenue Market Share by Players (2017-2019)
- 3.3 Global Lauric Acid Sale Price by Players
- 3.4 Global Lauric Acid Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Lauric Acid Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Lauric Acid Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Lauric Acid by Regions
- 4.1 Lauric Acid by Regions
- 4.1.1 Global Lauric Acid Consumption by Regions
- 4.1.2 Global Lauric Acid Value by Regions
- 4.2 Americas Lauric Acid Consumption Growth
- 4.3 APAC Lauric Acid Consumption Growth
- 4.4 Europe Lauric Acid Consumption Growth
- 4.5 Middle East & Africa Lauric Acid Consumption Growth
5 Americas
- 5.1 Americas Lauric Acid Consumption by Countries
- 5.1.1 Americas Lauric Acid Consumption by Countries (2014-2019)
- 5.1.2 Americas Lauric Acid Value by Countries (2014-2019)
- 5.2 Americas Lauric Acid Consumption by Type
- 5.3 Americas Lauric Acid Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Lauric Acid Consumption by Countries
- 6.1.1 APAC Lauric Acid Consumption by Countries (2014-2019)
- 6.1.2 APAC Lauric Acid Value by Countries (2014-2019)
- 6.2 APAC Lauric Acid Consumption by Type
- 6.3 APAC Lauric Acid Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Lauric Acid by Countries
- 7.1.1 Europe Lauric Acid Consumption by Countries (2014-2019)
- 7.1.2 Europe Lauric Acid Value by Countries (2014-2019)
- 7.2 Europe Lauric Acid Consumption by Type
- 7.3 Europe Lauric Acid Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Lauric Acid by Countries
- 8.1.1 Middle East & Africa Lauric Acid Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Lauric Acid Value by Countries (2014-2019)
- 8.2 Middle East & Africa Lauric Acid Consumption by Type
- 8.3 Middle East & Africa Lauric Acid Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Lauric Acid Distributors
- 10.3 Lauric Acid Customer
11 Global Lauric Acid Market Forecast
- 11.1 Global Lauric Acid Consumption Forecast (2019-2024)
- 11.2 Global Lauric Acid Forecast by Regions
- 11.2.1 Global Lauric Acid Forecast by Regions (2019-2024)
- 11.2.2 Global Lauric Acid Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Lauric Acid Forecast by Type
- 11.8 Global Lauric Acid Forecast by Application
12 Key Players Analysis
- 12.1 Wilmar
- 12.1.1 Company Details
- 12.1.2 Lauric Acid Product Offered
- 12.1.3 Wilmar Lauric Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Wilmar News
- 12.2 KLK OLEO
- 12.2.1 Company Details
- 12.2.2 Lauric Acid Product Offered
- 12.2.3 KLK OLEO Lauric Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 KLK OLEO News
- 12.3 IOI Oleochemicals
- 12.3.1 Company Details
- 12.3.2 Lauric Acid Product Offered
- 12.3.3 IOI Oleochemicals Lauric Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 IOI Oleochemicals News
- 12.4 Musim Mas
- 12.4.1 Company Details
- 12.4.2 Lauric Acid Product Offered
- 12.4.3 Musim Mas Lauric Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Musim Mas News
- 12.5 Oleon
- 12.5.1 Company Details
- 12.5.2 Lauric Acid Product Offered
- 12.5.3 Oleon Lauric Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Oleon News
- 12.6 KAO
- 12.6.1 Company Details
- 12.6.2 Lauric Acid Product Offered
- 12.6.3 KAO Lauric Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 KAO News
- 12.7 Permata Hijau
- 12.7.1 Company Details
- 12.7.2 Lauric Acid Product Offered
- 12.7.3 Permata Hijau Lauric Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Permata Hijau News
- 12.8 Pacific Oleochemicals
- 12.8.1 Company Details
- 12.8.2 Lauric Acid Product Offered
- 12.8.3 Pacific Oleochemicals Lauric Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Pacific Oleochemicals News
- 12.9 PT.Cisadane Raya
- 12.9.1 Company Details
- 12.9.2 Lauric Acid Product Offered
- 12.9.3 PT.Cisadane Raya Lauric Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 PT.Cisadane Raya News
- 12.10 Emery
- 12.10.1 Company Details
- 12.10.2 Lauric Acid Product Offered
- 12.10.3 Emery Lauric Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Emery News
- 12.11 PT.SUMI ASIH
- 12.12 Bakrie Group
- 12.13 SOCI
- 12.14 Godrej Industries
- 12.15 AAK AB
- 12.16 VVF
13 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Lauric Acid . Industry analysis & Market Report on Lauric Acid is a syndicated market report, published as Global Lauric Acid Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Lauric Acid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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