Global L-Lactide Market Growth 2023-2029

Global L-Lactide Market Growth 2023-2029

L-Lactide(CAS 4511-42-6) is the lactone cyclic ester derived by multiple esterification between two (usually) or more molecules from lactic acid (2-hydroxypropionic acid) or other hydroxy carboxylic acid. Lactide use is mainly for the synthesis of high molar mass poly(lactic acid) (PLA), applied as bio-based material for medical applications (e.g., prostheses and membranes), drug delivery, and hydrogels, or combined with other polymers for applications in packaging.

LPI (LP Information)' newest research report, the “L-Lactide Industry Forecast” looks at past sales and reviews total world L-Lactide sales in 2022, providing a comprehensive analysis by region and market sector of projected L-Lactide sales for 2023 through 2029. With L-Lactide sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world L-Lactide industry.

This Insight Report provides a comprehensive analysis of the global L-Lactide landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on L-Lactide portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global L-Lactide market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for L-Lactide and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global L-Lactide.

The global L-Lactide market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for L-Lactide is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for L-Lactide is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for L-Lactide is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key L-Lactide players cover Total Corbion, NatureWorks, Futerro, Henan Jindan Lactic Acid Technology, Jiangxi Keyuan Biotech and Anhui BBCA Biochemical, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of L-Lactide market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Purity Above 98%
Purity Above 99%
Other

Segmentation by application
Polylactic Acid
Medical Intermediate
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Total Corbion
NatureWorks
Futerro
Henan Jindan Lactic Acid Technology
Jiangxi Keyuan Biotech
Anhui BBCA Biochemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global L-Lactide market?

What factors are driving L-Lactide market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do L-Lactide market opportunities vary by end market size?

How does L-Lactide break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.