Global Lactate Esters Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Lactate Esters Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Lactate Esters are derivatives of lactic acid. It is commonly used as a solvent or intermediate in pharmaceutical, detergent, coatings, food and fragrance production. The most common types include methyl lactate, ethyl lactate and butyl lactate, etc.

According to our (Global Info Research) latest study, the global Lactate Esters market size was valued at US$ 243 million in 2023 and is forecast to a readjusted size of USD 305 million by 2030 with a CAGR of 3.3% during review period.

Global Lactate Esters key players include Corbion, Galactic, Musashino Chemical Laboratory, Vertec BioSolvents, Yancheng Huade Biological Engineering and Henan Kangyuan Flavor. Global top five players hold a share over 75%.

Europe is the largest market, with a share about 50%, followed by China and North America, having a total share about 40 percent. In terms of product, Ethyl Lactate is the largest segment, with a share about 56%. And in terms of application, the largest application is Food and Beverage, followed by Electronics Industry, Pharmaceuticals and Pesticides, Paints and Coatings, Industrial Solvents.

This report is a detailed and comprehensive analysis for global Lactate Esters market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Lactate Esters market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2019-2030

Global Lactate Esters market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2019-2030

Global Lactate Esters market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2019-2030

Global Lactate Esters market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Lactate Esters

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Lactate Esters market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Corbion, Galactic, Musashino Chemical Laboratory, Vertec BioSolvents, Godavari, Yancheng Huade Biological Engineering, Yancheng Hongtai Bioengineering, Henan Kangyuan Flavor, Weishi County Flavor Factory, Dancheng County Yuanda Industry & Commerce, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Lactate Esters market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Ethyl Lactate
Methyl Lactate
Butyl Lactate
Others

Market segment by Application
Food and Beverage
Pharmaceuticals and Pesticides
Paints and Coatings
Electronics Industry
Industrial Solvents
Others

Major players covered
Corbion
Galactic
Musashino Chemical Laboratory
Vertec BioSolvents
Godavari
Yancheng Huade Biological Engineering
Yancheng Hongtai Bioengineering
Henan Kangyuan Flavor
Weishi County Flavor Factory
Dancheng County Yuanda Industry & Commerce
Shenzhen Esun Industrial
Henan Jindan

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Lactate Esters product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Lactate Esters, with price, sales quantity, revenue, and global market share of Lactate Esters from 2019 to 2024.

Chapter 3, the Lactate Esters competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Lactate Esters breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Lactate Esters market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Lactate Esters.

Chapter 14 and 15, to describe Lactate Esters sales channel, distributors, customers, research findings and conclusion.