Global Ethyl Lactate Market Report, History and Forecast 2019-2030

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $3,350	155 Pages	QYResearch Group	May, 2024	QYR18769988

Best Price Guarantee
Price	from $3,350
Length	155 Pages
Publisher	QYResearch Group
Published Date	May, 2024
SKU	QYR18769988

The global market for Ethyl Lactate was estimated at US$ 137.21 million in the year 2023, and is projected to reach a revised size of US$ 186.93 million by 2030, growing at a CAGR of 5.25% during the forecast period 2024-2030. The production of ethyl lactate is mainly concentrated in Europe and China. Corbion and Galactic from Europe can meet more than 50% of the world's demand of ethyl lactate. Compared with these two international giants, although the number of Chinese ethyl lactate manufacturers is large, their scale is generally smaller. Industrial grade ethyl lactate is the most widely used product in the market. In 2023, global industrial-grade ethyl lactate sales reached 43,501 tons, accounting for 85.55% of the sales volume of the ethyl lactate market. At the same time, driven by the downstream market, the demand for electronic grade ethyl lactate will grow faster. Report Scope This report aims to provide a comprehensive presentation of the global market for Ethyl Lactate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ethyl Lactate. The Ethyl Lactate market size, estimations, and forecasts are provided in terms of sales volume (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Ethyl Lactate market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Ethyl Lactate market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market. Market Segmentation This report covers the Ethyl Lactate segments by manufacturers, by Type, by Application, by region and country, and provides market size (value, volume and average price) and CAGR for the history and forecast period (2019-2023, 2024-2030), considering 2023 as the base year. It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market. By Company  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 Segment by Type  Industrial Grade  Electronic Grade Segment by Application  Food and Beverage  Pharmaceuticals and Pesticides  Paints and Coatings  Electronics Industry  Industrial Solvents  Others By Region  North America  United States  Canada  Asia-Pacific  China  Japan  South Korea  India  Australia  China Taiwan  Southeast Asia  Europe  Germany  France  U.K.  Italy  Russia  Latin America  Mexico  Brazil  Argentina  Colombia  Middle East & Africa  Turkey  Saudi Arabia  UAE Chapter Outline Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Chapter Two: Detailed analysis of Ethyl Lactate manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc. Chapter Three: Sales, revenue of Ethyl Lactate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world. Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country. Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. Chapter Twelve: Analysis of sales channel, distributors and customers. Chapter Thirteen: Research Findings and Conclusion.

1 Ethyl Lactate Market Overview 1 1.1 Ethyl Lactate Product Overview 1 1.2 Ethyl Lactate Market by Type 3 1.2.1 Industrial Grade 3 1.2.2 Electronic Grade 5 1.3 Global Ethyl Lactate Market Size by Type 7 1.3.1 Global Ethyl Lactate Market Size Overview by Type (2019-2030) 7 1.3.2 Global Ethyl Lactate Historic Market Size Review by Type (2019-2024) 9 1.3.3 Global Ethyl Lactate Forecasted Market Size by Type (2025-2030) 10 1.4 Key Regions Market Size by Type 12 1.4.1 North America Ethyl Lactate Sales Breakdown by Type (2019-2024) 12 1.4.2 Europe Ethyl Lactate Sales Breakdown by Type (2019-2024) 13 1.4.3 Asia-Pacific Ethyl Lactate Sales Breakdown by Type (2019-2024) 15 1.4.4 Latin America Ethyl Lactate Sales Breakdown by Type (2019-2024) 17 1.4.5 Middle East and Africa Ethyl Lactate Sales Breakdown by Type (2019-2024) 19 2 Ethyl Lactate Market Competition by Company 22 2.1 Global Top Players by Ethyl Lactate Sales (2019-2024) 22 2.2 Global Top Players by Ethyl Lactate Revenue (2019-2024) 23 2.3 Global Top Players by Ethyl Lactate Price (2019-2024) 25 2.4 Global Top Manufacturers Ethyl Lactate Manufacturing Base Distribution and Headquarters 26 2.5 Ethyl Lactate Market Competitive Situation and Trends 26 2.5.1 Ethyl Lactate Market Concentration Rate (2019-2024) 26 2.5.2 Global 3 and 5 Largest Manufacturers by Ethyl Lactate Sales and Revenue in 2023 27 2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Ethyl Lactate as of 2023) 28 2.7 Date of Key Manufacturers Enter into Ethyl Lactate Market 29 2.8 Key Manufacturers Ethyl Lactate Product Offered 30 2.9 Mergers & Acquisitions, Expansion 30 3 Ethyl Lactate Status and Outlook by Region 32 3.1 Global Ethyl Lactate Market Size and CAGR by Region: 2019 VS 2023 VS 2030 32 3.2 Global Ethyl Lactate Historic Market Size by Region 32 3.2.1 Global Ethyl Lactate Sales in Volume by Region (2019-2024) 32 3.2.2 Global Ethyl Lactate Sales in Value by Region (2019-2024) 33 3.2.3 Global Ethyl Lactate Sales (Volume & Value), Price and Gross Margin (2019-2024) 34 3.3 Global Ethyl Lactate Forecasted Market Size by Region 34 3.3.1 Global Ethyl Lactate Sales in Volume by Region (2025-2030) 34 3.3.2 Global Ethyl Lactate Sales in Value by Region (2025-2030) 35 3.3.3 Global Ethyl Lactate Sales (Volume & Value), Price and Gross Margin (2025-2030) 36 4 Ethyl Lactate by Application 37 4.1 Ethyl Lactate Market by Application 37 4.1.1 Food and Beverage 37 4.1.2 Pharmaceuticals and Pesticides 38 4.1.3 Paints and Coatings 39 4.1.4 Electronics Industry 40 4.1.5 Industrial Solvents 42 4.1.6 Others 43 4.2 Global Ethyl Lactate Market Size by Application 43 4.2.1 Global Ethyl Lactate Market Size Overview by Application (2019-2030) 44 4.2.2 Global Ethyl Lactate Historic Market Size Review by Application (2019-2024) 46 4.2.3 Global Ethyl Lactate Forecasted Market Size by Application (2025-2030) 48 4.3 Key Regions Market Size by Application 50 4.3.1 North America Ethyl Lactate Sales Breakdown by Application (2019-2024) 50 4.3.2 Europe Ethyl Lactate Sales Breakdown by Application (2019-2024) 52 4.3.3 Asia-Pacific Ethyl Lactate Sales Breakdown by Application (2019-2024) 54 4.3.4 Latin America Ethyl Lactate Sales Breakdown by Application (2019-2024) 56 4.3.5 Middle East and Africa Ethyl Lactate Sales Breakdown by Application (2019-2024) 58 5 North America Ethyl Lactate by Country 61 5.1 North America Ethyl Lactate Historic Market Size by Country 61 5.1.1 North America Ethyl Lactate Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030 61 5.1.2 North America Ethyl Lactate Sales in Volume by Country (2019-2024) 61 5.1.3 North America Ethyl Lactate Sales in Value by Country (2019-2024) 62 5.2 North America Ethyl Lactate Forecasted Market Size by Country 62 5.2.1 North America Ethyl Lactate Sales in Volume by Country (2025-2030) 62 5.2.2 North America Ethyl Lactate Sales in Value by Country (2025-2030) 63 6 Europe Ethyl Lactate by Country 64 6.1 Europe Ethyl Lactate Historic Market Size by Country 64 6.1.1 Europe Ethyl Lactate Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030 64 6.1.2 Europe Ethyl Lactate Sales in Volume by Country (2019-2024) 64 6.1.3 Europe Ethyl Lactate Sales in Value by Country (2019-2024) 65 6.2 Europe Ethyl Lactate Forecasted Market Size by Country 66 6.2.1 Europe Ethyl Lactate Sales in Volume by Country (2025-2030) 66 6.2.2 Europe Ethyl Lactate Sales in Value by Country (2025-2030) 67 7 Asia-Pacific Ethyl Lactate by Region 68 7.1 Asia-Pacific Ethyl Lactate Historic Market Size by Region 68 7.1.1 Asia-Pacific Ethyl Lactate Market Size Growth Rate (CAGR) by Region: 2019 VS 2023 VS 2030 68 7.1.2 Asia-Pacific Ethyl Lactate Sales in Volume by Region (2019-2024) 68 7.1.3 Asia-Pacific Ethyl Lactate Sales in Value by Region (2019-2024) 69 7.2 Asia-Pacific Ethyl Lactate Forecasted Market Size by Region 70 7.2.1 Asia-Pacific Ethyl Lactate Sales in Volume by Region (2025-2030) 70 7.2.2 Asia-Pacific Ethyl Lactate Sales in Value by Region (2025-2030) 71 8 Latin America Ethyl Lactate by Country 73 8.1 Latin America Ethyl Lactate Historic Market Size by Country 73 8.1.1 Latin America Ethyl Lactate Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030 73 8.1.2 Latin America Ethyl Lactate Sales in Volume by Country (2019-2024) 73 8.1.3 Latin America Ethyl Lactate Sales in Value by Country (2019-2024) 74 8.2 Latin America Ethyl Lactate Forecasted Market Size by Country 75 8.2.1 Latin America Ethyl Lactate Sales in Volume by Country (2025-2030) 75 8.2.2 Latin America Ethyl Lactate Sales in Value by Country (2025-2030) 75 9 Middle East and Africa Ethyl Lactate by Country 77 9.1 Middle East and Africa Ethyl Lactate Historic Market Size by Country 77 9.1.1 Middle East and Africa Ethyl Lactate Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030 77 9.1.2 Middle East and Africa Ethyl Lactate Sales in Volume by Country (2019-2024) 77 9.1.3 Middle East and Africa Ethyl Lactate Sales in Value by Country (2019-2024) 78 9.2 Middle East and Africa Ethyl Lactate Forecasted Market Size by Country 78 9.2.1 Middle East and Africa Ethyl Lactate Sales in Volume by Country (2025-2030) 78 9.2.2 Middle East and Africa Ethyl Lactate Sales in Value by Country (2025-2030) 79 10 Company Profiles 81 10.1 Corbion 81 10.1.1 Corbion Company Information 81 10.1.2 Corbion Introduction and Business Overview 81 10.1.3 Corbion Ethyl Lactate Sales, Revenue and Gross Margin (2019-2024) 82 10.1.4 Corbion Ethyl Lactate Products Offered 82 10.1.5 Corbion Recent Development 84 10.2 Galactic 84 10.2.1 Galactic Company Information 84 10.2.2 Galactic Introduction and Business Overview 85 10.2.3 Galactic Ethyl Lactate Sales, Revenue and Gross Margin (2019-2024) 86 10.2.4 Galactic Ethyl Lactate Products Offered 86 10.3 Musashino Chemical Laboratory 87 10.3.1 Musashino Chemical Laboratory Company Information 87 10.3.2 Musashino Chemical Laboratory Introduction and Business Overview 87 10.3.3 Musashino Chemical Laboratory Ethyl Lactate Sales, Revenue and Gross Margin (2019-2024) 88 10.3.4 Musashino Chemical Laboratory Ethyl Lactate Products Offered 88 10.3.5 Musashino Chemical Laboratory Recent Development 89 10.4 Vertec BioSolvents 90 10.4.1 Vertec BioSolvents Company Information 90 10.4.2 Vertec BioSolvents Introduction and Business Overview 91 10.4.3 Vertec BioSolvents Ethyl Lactate Sales, Revenue and Gross Margin (2019-2024) 91 10.4.4 Vertec BioSolvents Ethyl Lactate Products Offered 91 10.4.5 Vertec BioSolvents Recent Development 92 10.5 Godavari 93 10.5.1 Godavari Company Information 93 10.5.2 Godavari Introduction and Business Overview 94 10.5.3 Godavari Ethyl Lactate Sales, Revenue and Gross Margin (2019-2024) 94 10.5.4 Godavari Ethyl Lactate Products Offered 95 10.6 Yancheng Huade Biological Engineering 96 10.6.1 Yancheng Huade Biological Engineering Company Information 96 10.6.2 Yancheng Huade Biological Engineering Introduction and Business Overview 96 10.6.3 Yancheng Huade Biological Engineering Ethyl Lactate Sales, Revenue and Gross Margin (2019-2024) 97 10.6.4 Yancheng Huade Biological Engineering Ethyl Lactate Products Offered 97 10.7 Yancheng Hongtai Bioengineering 99 10.7.1 Yancheng Hongtai Bioengineering Company Information 99 10.7.2 Yancheng Hongtai Bioengineering Introduction and Business Overview 99 10.7.3 Yancheng Hongtai Bioengineering Ethyl Lactate Sales, Revenue and Gross Margin (2019-2024) 100 10.7.4 Yancheng Hongtai Bioengineering Ethyl Lactate Products Offered 100 10.8 Henan Kangyuan Flavor 101 10.8.1 Henan Kangyuan Flavor Company Information 101 10.8.2 Henan Kangyuan Flavor Introduction and Business Overview 102 10.8.3 Henan Kangyuan Flavor Ethyl Lactate Sales, Revenue and Gross Margin (2019-2024) 102 10.8.4 Henan Kangyuan Flavor Ethyl Lactate Products Offered 102 10.9 Weishi County Flavor Factory 103 10.9.1 Weishi County Flavor Factory Company Information 103 10.9.2 Weishi County Flavor Factory Introduction and Business Overview 104 10.9.3 Weishi County Flavor Factory Ethyl Lactate Sales, Revenue and Gross Margin (2019-2024) 104 10.9.4 Weishi County Flavor Factory Ethyl Lactate Products Offered 105 10.10 Dancheng County Yuanda Industry & Commerce 105 10.10.1 Dancheng County Yuanda Industry & Commerce Company Information 105 10.10.2 Dancheng County Yuanda Industry & Commerce Introduction and Business Overview 106 10.10.3 Dancheng County Yuanda Industry & Commerce Ethyl Lactate Sales, Revenue and Gross Margin (2019-2024) 106 10.10.4 Dancheng County Yuanda Industry & Commerce Ethyl Lactate Products Offered 107 10.11 Shenzhen Esun Industrial 107 10.11.1 Shenzhen Esun Industrial Company Information 107 10.11.2 Shenzhen Esun Industrial Introduction and Business Overview 108 10.11.3 Shenzhen Esun Industrial Ethyl Lactate Sales, Revenue and Gross Margin (2019-2024) 108 10.11.4 Shenzhen Esun Industrial Ethyl Lactate Products Offered 109 10.11.5 Shenzhen Esun Industrial Recent Development 115 10.12 Henan Jindan 115 10.12.1 Henan Jindan Company Information 115 10.12.2 Henan Jindan Introduction and Business Overview 116 10.12.3 Henan Jindan Ethyl Lactate Sales, Revenue and Gross Margin (2019-2024) 116 10.12.4 Henan Jindan Ethyl Lactate Products Offered 117 10.12.5 Henan Jindan Recent Development 117 11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis 119 11.1 Ethyl Lactate Key Raw Materials 119 11.1.1 Key Raw Materials 119 11.1.2 Key Raw Materials Price 120 11.1.3 Raw Materials Key Suppliers 120 11.2 Manufacturing Cost Structure 121 11.2.1 Raw Materials 121 11.2.2 Labor Cost 121 11.2.3 Manufacturing Expenses 121 11.3 Ethyl Lactate Industrial Chain Analysis 122 11.4 Ethyl Lactate Market Dynamics 122 11.4.1 Ethyl Lactate Industry Trends 122 11.4.2 Ethyl Lactate Market Drivers 123 11.4.3 Ethyl Lactate Market Challenges 124 11.4.4 Ethyl Lactate Market Restraints 125 12 Marketing Strategy Analysis, Distributors 126 12.1 Sales Channel 126 12.2 Ethyl Lactate Distributors 126 12.3 Ethyl Lactate Downstream Customers 127 13 Research Findings and Conclusion 128 14 Appendix 129 14.1 Research Methodology 129 14.1.1 Methodology/Research Approach 129 14.1.2 Data Source 132 14.2 Author Details 135 14.3 Disclaimer 136 List of Tables Table 1. Major Company of Industrial Grade 4 Table 2. Major Company of Electronic Grade 6 Table 3. Global Ethyl Lactate Sales by Type: 2019 VS 2023 VS 2030 (US$ Million) 7 Table 4. Global Ethyl Lactate Sales by Type (2019-2024) & (Tons) 9 Table 5. Global Ethyl Lactate Sales Market Share in Volume by Type (2019-2024) 9 Table 6. Global Ethyl Lactate Sales by Type (2019-2024) & (US$ Million) 9 Table 7. Global Ethyl Lactate Sales Market Share in Value by Type (2019-2024) 10 Table 8. Global Ethyl Lactate Price by Type (2019-2024) & (US$/Ton) 10 Table 9. Global Ethyl Lactate Sales by Type (2025-2030) & (Tons) 10 Table 10. Global Ethyl Lactate Sales Market Share in Volume by Type (2025-2030) 11 Table 11. Global Ethyl Lactate Sales by Type (2025-2030) & (US$ Million) 11 Table 12. Global Ethyl Lactate Sales Market Share in Value by Type (2025-2030) 11 Table 13. Global Ethyl Lactate Price by Type (2025-2030) & (US$/Ton) 11 Table 14. North America Ethyl Lactate Sales by Type (2019-2024) & (Tons) 12 Table 15. North America Ethyl Lactate Sales by Type (2019-2024) & (US$ Million) 13 Table 16. Europe Ethyl Lactate Sales (Tons) by Type (2019-2024) 13 Table 17. Europe Ethyl Lactate Sales by Type (2019-2024) & (US$ Million) 14 Table 18. Asia-Pacific Ethyl Lactate Sales (Tons) by Type (2019-2024) 15 Table 19. Asia-Pacific Ethyl Lactate Sales by Type (2019-2024) & (US$ Million) 16 Table 20. Latin America Ethyl Lactate Sales (Tons) by Type (2019-2024) 17