The global Lactate Esters market was valued at US$ 96 million in 2022 and is projected to reach US$ 111.4 million by 2029, at a CAGR of 2.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

 

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.

 

This report aims to provide a comprehensive presentation of the global market for Lactate Esters, 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 Lactate Esters. This report contains market size and forecasts of Lactate Esters in global, including the following market information:

 

  • Global Lactate Esters Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global Lactate Esters Market Sales, 2018-2023, 2024-2029, (MT)
  • Global top five Lactate Esters companies in 2022 (%)

Global Lactate Esters key players include Corbion, Galactic, Musashino Chemical Laboratory, Vertec BioSolvents, Yancheng, Hongtai Bioengineering, etc. Global top five players hold a share about 55%.

China is the largest market, with a share about 40%, followed by North America and Europe, having a total share about 40 percent.

In terms of product, Ethyl Lactate is the largest segment, with a share about 75%. And in terms of application, the largest application is Electronics, followed by Paints and Inks, Agrochemicals, Pharmaceuticals, Food and Beverage.

We surveyed the Lactate Esters manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Lactate Esters Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)

Global Lactate Esters Market Segment Percentages, by Type, 2022 (%)

 

  • Methyl Lactate
  • Ethyl Lactate
  • Butyl Lactate
  • Others

Global Lactate Esters Market Segment Percentages, by Application, 2022 (%)

 

  • Electronics
  • Paints and Inks
  • Agrochemicals
  • Pharmaceuticals
  • Food and Beverage
  • Others

Global Lactate Esters Market Segment Percentages, By Region and Country, 2022 (%)

 

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

 

  • Key companies Lactate Esters revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Lactate Esters revenues share in global market, 2022 (%)
  • Key companies Lactate Esters sales in global market, 2018-2023 (Estimated), (MT)
  • Key companies Lactate Esters sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

 

  • Corbion
  • Galactic
  • Musashino Chemical Laboratory
  • Vertec BioSolvents
  • Godavari Biorefineries
  • Yancheng Hongtai Bioengineering
  • Huade Biological Engineering
  • Yibang Industry and Commerce
  • Haijianuo Bioengineer
  • Jindan Lactic Acid
  • Pianguan Shenxia
  • Shenzhen Esun Industrial
  • Baisheng Biotechnology
  • Tianrun Lactic Acid

Chapter 1: Introduces the definition of Lactate Esters, market overview.

Chapter 2: Global Lactate Esters market size in revenue and volume.

Chapter 3: Detailed analysis of Lactate Esters manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Lactate Esters in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: 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 8: Global Lactate Esters capacity by region & country.

Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.


Table of content

1 Introduction to Research & Analysis Reports
1.1 Lactate Esters Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Lactate Esters Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Lactate Esters Overall Market Size
2.1 Global Lactate Esters Market Size: 2022 VS 2029
2.2 Global Lactate Esters Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Lactate Esters Sales: 2018-2029
3 Company Landscape
3.1 Top Lactate Esters Players in Global Market
3.2 Top Global Lactate Esters Companies Ranked by Revenue
3.3 Global Lactate Esters Revenue by Companies
3.4 Global Lactate Esters Sales by Companies
3.5 Global Lactate Esters Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Lactate Esters Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Lactate Esters Product Type
3.8 Tier 1, Tier 2 and Tier 3 Lactate Esters Players in Global Market
3.8.1 List of Global Tier 1 Lactate Esters Companies
3.8.2 List of Global Tier 2 and Tier 3 Lactate Esters Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Lactate Esters Market Size Markets, 2022 & 2029
4.1.2 Methyl Lactate
4.1.3

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