Lactic Acid Market – Global Industry Analysis and Forecast (2019-2026) – By Application and Region.

Lactic Acid Market – Global Industry Analysis and Forecast (2019-2026) – By Application and Region.

Market Scenario

Lactic Acid Market size is valued at US$ 3.16 Bn in 2018 and expected to grow at a CAGR of XX % in the forecasting period. Lactic Acid Market Global Lactic Acid Market Dynamics: Growing application from industrial and personal care may also promote lactic acid market size. Rising demand for lactic acid as pH regulator and preservatives for food & beverages sector is expected to fuel its demand over the forecast period. Growing cosmetic industry, because of the increasing number of manufacturing base by companies including Unilever, Johnson & Johnson, and P&G in the U.S. is expected to drive industry expansion. Increasing usage in creams, shampoos, and body care products as it enhances skin lightening effects, improves collagen and elastin synthesis, accelerates exfoliation and cell renewal is expected to propel industry expansion over the forecast period. Rising demand for personal care products, owing to the introduction of sophisticated products along with the formulation development for a consumer group is expected to create new growth avenues for the lactic acid market. The Global Lactic Acid Market dynamics are thoroughly studied and explained in the report, which helps reader to understand emerging market trends, drivers, restraints, opportunities, and challenges at global and regional level for the Global Lactic Acid Market. Global Lactic Acid Market is studied by Various Segments: The report from Maximize market research provides the detail study of the market by various segments. Lactic Acid market is majorly segmented by the application and region wise. Based on applications segment the market is segmented as Industrial, Food & Beverage, Pharmaceuticals, Personal Care. Under this, industrial application holds the largest share. It finds application in biodegradable polymers and lactate solvents production. Lactate ester solvent including butyl lactate and ethyl lactate are biodegradable and non-toxic in nature and provide use in consumer and industrial applications. Global Lactic Acid Market Region wise Market Analysis & Forecast: The report covers a geographic breakdown and a detailed analysis of each of the segments across several regions and each countries under it. Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Europe held the highest market in 2018. Europe, dominated by, France and Germany lactic acid market. Increasing number of production facilities and with more sustainability focus which should influence positively for regional industry growth. Global Lactic Acid Market: Competition Landscape The Global Lactic Acid Market has the presence of a large number of players. Major players in the Global Lactic Acid Market are concentrating on developing new technologies to facilitate the industry with lowest time and low expenditure consuming technologies. In the recent years there are many discoveries in the field of technologies with regards to Global Lactic Acid Market, which in turn will help the industry to grow resulting in boost to the competition too. Detailed analysis of competition, new entrants, strategic alliances, mergers and acquisition in the Global Lactic Acid Market is covered in the report. The report covers the market leaders and followers in the industry with the market dynamics by region. It will also help to understand the position of each player in the market by region, by segment with their expansion plans, R&D expenditure and organic & in-organic growth strategies. Long term association, strategic alliances, supply chain agreement and mergers & acquisition activities are covered in the report in detail from 2014 to 2019. Expected alliances and agreement in forecast period will give future course of action in the market to the readers. All major & important players are profiled, benchmarked in the report on different parameters that will help reader to gain insight about the market in minimum time. Objective of the Report: The objective of the report is to present a comprehensive analysis of Global Lactic Acid Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Lactic Acid Market dynamics, structure by analyzing the market segments and project the Global Lactic Acid Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Lactic Acid Market make the report investor’s guide.

Scope Lactic Acid Market Report:

Lactic Acid market, by Raw Material

• Corn • Sugarcane • Cassava • Other Crops

Lactic Acid Market, By Application

• Industrial • Food & Beverage • Pharmaceuticals • Personal Care • Other

Lactic Acid Market, By Geography

• North America • Europe • Asia-Pacific • Middle East & Africa • Latin America

Key Players operating in the Lactic Acid Market:

• BASF • Galactic • NatureWorks • Corbion Purac • Pyramid Bioplastics • Danimer Scientific • Dow Chemical • Synbra • Henan Jindan Lactic Acid Technology • Musashino Chemical • Futerro • Teijin • Wei Mon Industry • Thyssenkrupp AG • Vaishnavi Bio-Tech Ltd. • ADM • Cargill • Cellulac • Corbion • NingXia Hypow Bio-Technology • PURAC Maximize Market Research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the current Lactic Acid market outlook. Report encompasses the Lactic Acid market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Lactic Acid market. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Lactic Acid market positioning of competitors.

Table of Contents

Lactic Acid Market

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Lactic Acid Size, by Market Value (US$ Bn) and Market Volume (Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 4.8. Patent Registration 5. Supply Side and Demand Side Indicators 6. Global Lactic Acid Market Analysis and Forecast 6.1. Global Lactic Acid Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Lactic Acid Market Analysis and Forecast, by Raw Material 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Lactic Acid Market Value Share Analysis, by Raw Material 7.4. Global Lactic Acid Market Size (US$ Bn) Forecast, by Raw Material 7.5. Global Lactic Acid Market Analysis, by Raw Material 7.6. Global Lactic Acid Market Attractiveness Analysis, by Raw Material 8. Global Lactic Acid Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Lactic Acid Market Value Share Analysis, by Application 8.4. Global Lactic Acid Market Size (US$ Bn) Forecast, by Application 8.5. Global Lactic Acid Market Analysis, by Application 8.6. Global Lactic Acid Market Attractiveness Analysis, by Application 9. Global Lactic Acid Market Analysis, by Region 9.1. Global Lactic Acid Market Value Share Analysis, by Region 9.2. Global Lactic Acid Market Size (US$ Bn) Forecast, by Region 9.3. Global Lactic Acid Market Attractiveness Analysis, by Region 10. North America Lactic Acid Market Analysis 10.1. Key Findings 10.2. North America Lactic Acid Market Overview 10.3. North America Lactic Acid Market Value Share Analysis, by Raw Material 10.4. North America Lactic Acid Market Forecast, by Raw Material 10.4.1. Corn 10.4.2. Sugarcane 10.4.3. Cassava 10.4.4. Other Crops 10.5. North America Lactic Acid Market Value Share Analysis, by Application 10.6. North America Lactic Acid Market Forecast, by Application 10.6.1. Industrial 10.6.2. Food & Beverage 10.6.3. Pharmaceuticals 10.6.4. Personal Care 10.6.5. Other 10.7. North America Lactic Acid Market Value Share Analysis, by Country 10.8. North America Lactic Acid Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Lactic Acid Market Analysis, by Country 10.10. U.S. Lactic Acid Market Forecast, by Raw Material 10.10.1. Corn 10.10.2. Sugarcane 10.10.3. Cassava 10.10.4. Other Crops 10.11. U.S. Lactic Acid Market Forecast, by Application 10.11.1. Industrial 10.11.2. Food & Beverage 10.11.3. Pharmaceuticals 10.11.4. Personal Care 10.11.5. Other 10.12. Canada Lactic Acid Market Forecast, by Raw Material 10.12.1. Corn 10.12.2. Sugarcane 10.12.3. Cassava 10.12.4. Other Crops 10.13. Canada Lactic Acid Market Forecast, by Application 10.13.1. Industrial 10.13.2. Food & Beverage 10.13.3. Pharmaceuticals 10.13.4. Personal Care 10.13.5. Other 10.14. North America Lactic Acid Market Attractiveness Analysis 10.14.1. By Raw Material 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Europe Lactic Acid Market Analysis 11.1. Key Findings 11.2. Europe Lactic Acid Market Overview 11.3. Europe Lactic Acid Market Value Share Analysis, by Raw Material 11.4. Europe Lactic Acid Market Forecast, by Raw Material 11.4.1. Corn 11.4.2. Sugarcane 11.4.3. Cassava 11.4.4. Other Crops 11.5. Europe Lactic Acid Market Value Share Analysis, by Application 11.6. Europe Lactic Acid Market Forecast, by Application 11.6.1. Industrial 11.6.2. Food & Beverage 11.6.3. Pharmaceuticals 11.6.4. Personal Care 11.6.5. Other 11.6.6. Europe Lactic Acid Market Value Share Analysis, by Country 11.7. Europe Lactic Acid Market Forecast, by Country 11.7.1. Germany 11.7.2. U.K. 11.7.3. France 11.7.4. Italy 11.7.5. Spain 11.7.6. Rest of Europe 11.8. Europe Lactic Acid Market Analysis, by Country 11.9. Germany Lactic Acid Market Forecast, by Raw Material 11.9.1. Corn 11.9.2. Sugarcane 11.9.3. Cassava 11.9.4. Other Crops 11.10. Germany Lactic Acid Market Forecast, by Application 11.10.1. Industrial 11.10.2. Food & Beverage 11.10.3. Pharmaceuticals 11.10.4. Personal Care 11.10.5. Other 11.11. U.K. Lactic Acid Market Forecast, by Raw Material 11.11.1. Corn 11.11.2. Sugarcane 11.11.3. Cassava 11.11.4. Other Crops 11.12. U.K. Lactic Acid Market Forecast, by Application 11.12.1. Industrial 11.12.2. Food & Beverage 11.12.3. Pharmaceuticals 11.12.4. Personal Care 11.12.5. Other 11.13. France Lactic Acid Market Forecast, by Raw Material 11.13.1. Corn 11.13.2. Sugarcane 11.13.3. Cassava 11.13.4. Other Crops 11.14. France Lactic Acid Market Forecast, by Application 11.14.1. Industrial 11.14.2. Food & Beverage 11.14.3. Pharmaceuticals 11.14.4. Personal Care 11.14.5. Other 11.15. Italy Lactic Acid Market Forecast, by Raw Material 11.15.1. Corn 11.15.2. Sugarcane 11.15.3. Cassava 11.15.4. Other Crops 11.16. Italy Lactic Acid Market Forecast, by Application 11.16.1. Industrial 11.16.2. Food & Beverage 11.16.3. Pharmaceuticals 11.16.4. Personal Care 11.16.5. Other 11.17. Spain Lactic Acid Market Forecast, by Raw Material 11.17.1. Corn 11.17.2. Sugarcane 11.17.3. Cassava 11.17.4. Other Crops 11.18. Spain Lactic Acid Market Forecast, by Application 11.18.1. Industrial 11.18.2. Food & Beverage 11.18.3. Pharmaceuticals 11.18.4. Personal Care 11.18.5. Other 11.19. Rest of Europe Lactic Acid Market Forecast, by Raw Material 11.19.1. Corn 11.19.2. Sugarcane 11.19.3. Cassava 11.19.4. Other Crops 11.20. Rest of Europe Lactic Acid Market Forecast, by Application 11.20.1. Industrial 11.20.2. Food & Beverage 11.20.3. Pharmaceuticals 11.20.4. Personal Care 11.20.5. Other 11.21. Europe Lactic Acid Market Attractiveness Analysis 11.21.1. By Raw Material 11.21.2. By Application 11.22. PEST Analysis 11.23. Key Trend 11.24. Key Development 12. Asia Pacific Lactic Acid Market Analysis 12.1. Key Findings 12.2. Asia Pacific Lactic Acid Market Overview 12.3. Asia Pacific Lactic Acid Market Value Share Analysis, by Raw Material 12.4. Asia Pacific Lactic Acid Market Forecast, by Raw Material 12.4.1. Corn 12.4.2. Sugarcane 12.4.3. Cassava 12.4.4. Other Crops 12.5. Asia Pacific Lactic Acid Market Value Share Analysis, by Application 12.6. Asia Pacific Lactic Acid Market Forecast, by Application 12.6.1. Industrial 12.6.2. Food & Beverage 12.6.3. Pharmaceuticals 12.6.4. Personal Care 12.6.5. Other 12.7. Asia Pacific Lactic Acid Market Value Share Analysis, by Country 12.8. Asia Pacific Lactic Acid Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Lactic Acid Market Analysis, by Country 12.10. China Lactic Acid Market Forecast, by Raw Material 12.10.1. Corn 12.10.2. Sugarcane 12.10.3. Cassava 12.10.4. Other Crops 12.11. China Lactic Acid Market Forecast, by Application 12.11.1. Industrial 12.11.2. Food & Beverage 12.11.3. Pharmaceuticals 12.11.4. Personal Care 12.11.5. Other 12.12. India Lactic Acid Market Forecast, by Raw Material 12.12.1. Corn 12.12.2. Sugarcane 12.12.3. Cassava 12.12.4. Other Crops 12.13. India Lactic Acid Market Forecast, by Application 12.13.1. Industrial 12.13.2. Food & Beverage 12.13.3. Pharmaceuticals 12.13.4. Personal Care 12.13.5. Other 12.14. Japan Lactic Acid Market Forecast, by Raw Material 12.14.1. Corn 12.14.2. Sugarcane 12.14.3. Cassava 12.14.4. Other Crops 12.15. Japan Lactic Acid Market Forecast, by Application 12.15.1. Industrial 12.15.2. Food & Beverage 12.15.3. Pharmaceuticals 12.15.4. Personal Care 12.15.5. Other 12.16. ASEAN Lactic Acid Market Forecast, by Raw Material 12.16.1. Corn 12.16.2. Sugarcane 12.16.3. Cassava 12.16.4. Other Crops 12.17. ASEAN Lactic Acid Market Forecast, by Application 12.17.1. Industrial 12.17.2. Food & Beverage 12.17.3. Pharmaceuticals 12.17.4. Personal Care 12.17.5. Other 12.18. Rest of Asia Pacific Lactic Acid Market Forecast, by Raw Material 12.18.1. Corn 12.18.2. Sugarcane 12.18.3. Cassava 12.18.4. Other Crops 12.19. Rest of Asia Pacific Lactic Acid Market Forecast, by Application 12.19.1. Industrial 12.19.2. Food & Beverage 12.19.3. Pharmaceuticals 12.19.4. Personal Care 12.19.5. Other 12.20. Asia Pacific Lactic Acid Market Attractiveness Analysis 12.20.1. By Raw Material 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trend 12.23. Key Development 13. Middle East & Africa Lactic Acid Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Lactic Acid Market Overview 13.3. Middle East & Africa Lactic Acid Market Value Share Analysis, by Raw Material 13.4. Middle East & Africa Lactic Acid Market Forecast, by Raw Material 13.4.1. Corn 13.4.2. Sugarcane 13.4.3. Cassava 13.4.4. Other Crops 13.5. Middle East & Africa Lactic Acid Market Value Share Analysis, by Application 13.6. Middle East & Africa Lactic Acid Market Forecast, by Application 13.6.1. Industrial 13.6.2. Food & Beverage 13.6.3. Pharmaceuticals 13.6.4. Personal Care 13.6.5. Other 13.7. Middle East & Africa Lactic Acid Market Value Share Analysis, by Country 13.8. Middle East & Africa Lactic Acid Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Lactic Acid Market Analysis, by Country 13.10. GCC Lactic Acid Market Forecast, by Raw Material 13.10.1. Corn 13.10.2. Sugarcane 13.10.3. Cassava 13.10.4. Other Crops 13.11. GCC Lactic Acid Market Forecast, by Application 13.11.1. Industrial 13.11.2. Food & Beverage 13.11.3. Pharmaceuticals 13.11.4. Personal Care 13.11.5. Other 13.12. South Africa Lactic Acid Market Forecast, by Raw Material 13.12.1. Corn 13.12.2. Sugarcane 13.12.3. Cassava 13.12.4. Other Crops 13.13. South Africa Lactic Acid Market Forecast, by Application 13.13.1. Industrial 13.13.2. Food & Beverage 13.13.3. Pharmaceuticals 13.13.4. Personal Care 13.13.5. Other 13.14. Rest of Middle East & Africa Lactic Acid Market Forecast, by Raw Material 13.14.1. Corn 13.14.2. Sugarcane 13.14.3. Cassava 13.14.4. Other Crops 13.15. Rest of Middle East & Africa Lactic Acid Market Forecast, by Application 13.15.1. Industrial 13.15.2. Food & Beverage 13.15.3. Pharmaceuticals 13.15.4. Personal Care 13.15.5. Other 13.16. Middle East & Africa Lactic Acid Market Attractiveness Analysis 13.16.1. By Raw Material 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trend 13.19. Key Development 14. South America Lactic Acid Market Analysis 14.1. Key Findings 14.2. South America Lactic Acid Market Overview 14.3. South America Lactic Acid Market Value Share Analysis, by Raw Material 14.4. South America Lactic Acid Market Forecast, by Raw Material 14.4.1. Corn 14.4.2. Sugarcane 14.4.3. Cassava 14.4.4. Other Crops 14.5. South America Lactic Acid Market Value Share Analysis, by Application 14.6. South America Lactic Acid Market Forecast, by Application 14.6.1. Industrial 14.6.2. Food & Beverage 14.6.3. Pharmaceuticals 14.6.4. Personal Care 14.6.5. Other 14.7. South America Lactic Acid Market Value Share Analysis, by Country 14.8. South America Lactic Acid Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. Brazil Lactic Acid Market Forecast, by Raw Material 14.9.1. Corn 14.9.2. Sugarcane 14.9.3. Cassava 14.9.4. Other Crops 14.10. Brazil Lactic Acid Market Forecast, by Application 14.10.1. Industrial 14.10.2. Food & Beverage 14.10.3. Pharmaceuticals 14.10.4. Personal Care 14.10.5. Other 14.11. Mexico Lactic Acid Market Forecast, by Raw Material 14.11.1. Corn 14.11.2. Sugarcane 14.11.3. Cassava 14.11.4. Other Crops 14.12. Mexico Lactic Acid Market Forecast, by Application 14.12.1. Industrial 14.12.2. Food & Beverage 14.12.3. Pharmaceuticals 14.12.4. Personal Care 14.13. Rest of South America Lactic Acid Market Forecast, by Raw Material 14.13.1. Corn 14.13.2. Sugarcane 14.13.3. Cassava 14.13.4. Other Crops 14.14. Rest of South America Lactic Acid Market Forecast, by Application 14.14.1. Industrial 14.14.2. Food & Beverage 14.14.3. Pharmaceuticals 14.14.4. Personal Care 14.14.5. Other 14.15. South America Lactic Acid Market Attractiveness Analysis 14.15.1. By Raw Material 14.15.2. By Application 14.16. PEST Analysis 14.17. Key Trend 14.18. Key Development 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. BASF 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Manufacturing Footprint 15.3.2. Galactic 15.3.3. NatureWorks 15.3.4. Corbion Purac 15.3.5. Pyramid Bioplastics 15.3.6. Danimer Scientific 15.3.7. Dow Chemical 15.3.8. Synbra 15.3.9. Henan Jindan Lactic Acid Technology 15.3.10. Musashino Chemical 15.3.11. Futerro 15.3.12. Teijin 15.3.13. Wei Mon Industry 15.3.14. Thyssenkrupp AG 15.3.15. Vaishnavi Bio-Tech Ltd. 15.3.16. ADM 15.3.17. Cargill 15.3.18. Cellulac 15.3.19. Corbion 15.3.20. NingXia Hypow Bio-Technology 15.3.21. PURAC 16. Primary Key Insights

About This Report

Report ID13414
Category Material & Chemical
Published Date
No of Pages209
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