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2018 Top 5 Lactate Esters Players in North America, Europe, AsiaPacific, South America, Middle East and Africa [Report Updated: 06062018] Prices from USD $4960

11:52 EDT 3 Aug 2018 | BioPortfolio Reports

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.

Lactate esters industry is dispersive relatively. Currently, there are several producing companies in the world lactate esters industry. The main market players are Corbion, Galactic, Musashino Chemical Laboratory, Vertec BioSolvents, Godavari Biorefineries, Yancheng Hongtai Bioengineering and Huade Biological Engineering, etc. The production of lactate esters will increase to 34087 MT in 2017 from 26417 MT in 2012 with CAGR of 5.23%. Global lactate esters capacity utilization rate remained at around 63.03% in 2016.

Lactate esters have several types, the common types include methyl lactate, ethyl lactate and butyl lactate, etc. And each type has its own applications respectively. With solvent and intermediate application of lactate esters, the downstream industries will need more lactate esters products. So, lactate esters have a huge market potential in the future. Manufacturers engaged in the industry are trying to produce high purity and good performance lactate esters through improving technology.

The major raw materials for lactate esters are lactic acid, ethanol / methanol / butanol, and other auxiliary chemicals. Fluctuations in the price of the upstream product will impact on the production cost of lactate esters. The production cost of lactate esters is also an important factor which could impact the price of lactate esters.

We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents decreasing trend according to the economy development status and international competition. Also, there is decreasing trend in gross margin.


Over the next five years, LPILP Information projects that Lactate Esters will register a 2.4% CAGR in terms of revenue, reach US$ 110 million by 2023, from US$ 92 million in 2017.


This report studies the global market, especially in North America, Europe, AsiaPacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:

Corbion

Galactic

Musashino Chemical Laboratory

Vertec BioSolvents

Godavari Biorefineries

Yancheng Hongtai Bioengineering

Huade Biological Engineering

Yibang Industry Commerce

Haijianuo Bioengineer

Jindan Lactic Acid

Pianguan Shenxia

Shenzhen Esun Industrial

Baisheng Biotechnology

Tianrun Lactic Acid


Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 forecast, like

North America United States, Canada and Mexico

AsiaPacific China, Japan, Southeast Asia, India and Korea

Europe Germany, UK, France, Italy and Russia etc.

South America Brazil, Chile, Peru and Argentina

Middle East and Africa Egypt, South Africa, Saudi Arabia


Split by Product Types, with sales, revenue, price, market share of each type, can be divided into

Methyl Lactate

Ethyl Lactate

Butyl Lactate

Others

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into

Electronics

Paints Inks

Agrochemicals

Pharmaceuticals

Food Beverage

Others

Original Article: 2018 Top 5 Lactate Esters Players in North America, Europe, AsiaPacific, South America, Middle East and Africa [Report Updated: 06062018] Prices from USD $4960

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