Global Lauric Acid Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Lauric Acid Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Lauric Acid market size was valued at US$ 671 million in 2023 and is forecast to a readjusted size of USD 788 million by 2030 with a CAGR of 2.3% during review period.

Global Lauric Acid key players include Wilmar, KLK OLEO, IOI Oleochemicals, Musim Mas, Oleon etc. Global top five manufacturers hold a share over 50%.

Asia-Pacific is the largest market, with a share over 40%, followed by North America and Europe, both have a share over 40% percent.

In terms of product, ≥99% Lauric Acid is the largest segment, with a share over 70%. And in terms of application, the largest application is Coating followed by Household Chemicals.

This report is a detailed and comprehensive analysis for global Lauric Acid 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 Lauric Acid market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

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

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

Global Lauric Acid market shares of main players, shipments in revenue ($ Million), sales quantity (K 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 Lauric Acid

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 Lauric Acid 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 Wilmar, KLK OLEO, IOI Oleochemicals, Musim Mas, Oleon, KAO, Permata Hijau, Pacific Oleochemicals, PT.Cisadane Raya, Emery, etc.

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

Market Segmentation

Lauric Acid 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
≥99% Lauric Acid
98-99% Lauric Acid
70-75% Lauric Acid
Other Lauric Acid (92%, 85%, etc.)

Market segment by Application
Coating
Household Chemicals
Others

Major players covered
Wilmar
KLK OLEO
IOI Oleochemicals
Musim Mas
Oleon
KAO
Permata Hijau
Pacific Oleochemicals
PT.Cisadane Raya
Emery
PT.SUMI ASIH
Bakrie
SOCI
Godrej Industries
AAK AB
VVF

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 Lauric Acid product scope, market overview, market estimation caveats and base year.

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

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

Chapter 4, the Lauric Acid 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 Lauric Acid 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 Lauric Acid.

Chapter 14 and 15, to describe Lauric Acid sales channel, distributors, customers, research findings and conclusion.