The Global Ethyl Lactate Market Growth 2019-2024 Report added by
DecisionDatabases.com gives an in depth industry analysis of the market. It
covers the costing, sales, revenue details and forecasts.
Ethyl lactate, also known as lactic acid ethyl ester, is a monobasic
ester formed from lactic acid and ethanol, commonly used as a solvent. This
compound is considered biodegradable
Because of gradual economy recovery, downstream application of ethyl
lactate is broadening such as food industry, Pharmaceutical industry,
electronics industry, paint industry. In 2017, 46.13% ethyl lactate was used in
Industrial Application industry and 30.13% was used in Food & Beverage.
China and North America is the main product and consume market.
China consumption 7251 MT ethyl lactate in 2017, while North America
consumption is 9375 MT accounting for 35.82 percent of the global consumption.
Corbion and Galactic is the world leaders for the time being, taking 18.41% and
13.55% of the global ethyl lactate production respectively. Many companies are
dedicated to providing high performance products with their advanced technology
for customers.
According to this study, over the next five years the Ethyl Lactate
market will register a 3.4% CAGR in terms of revenue, the global market size
will reach US$ 92 million by 2024, from US$ 76 million in 2019. In particular,
this report presents the global market share (sales and revenue) of key
companies in Ethyl Lactate business, shared in Chapter 3.
Browse the complete Ethyl Lactate market Report
and TOC @ https://www.decisiondatabases.com/ip/19528-ethyl-lactate-market-analysis-report
The key manufacturers
covered in this report:
·
Corbion
·
Galactic
·
Godavari Biorefineries
·
Musashino Chemical Laboratory
·
Vertec BioSolvents
·
Yancheng Hongtai Bioengineering
·
Huade Biological Engineering
·
Henan Kangyuan
·
Shenzhen Esun Industrial
·
Haijianuo Bioengineer
·
Jindan Lactic Acid
Segmentation by product
type:
·
Food Grade
·
Pharmaceutical Grade
·
Industrial Grade
·
Electronic Grade
Segmentation by
application:
·
Food & Beverage
·
Industrial Application
·
Pharmaceutical
·
Microelectronics
·
Other
This report also splits the market by region:
·
Americas
·
United States
·
Canada
·
Mexico
·
Brazil
·
APAC
·
China
·
Japan
·
…….
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Report of Global Ethyl Lactate Market Report @
Research objectives
·
To study and analyze the global
Ethyl Lactate consumption (value & volume) by key regions/countries,
product type and application, history data from 2014 to 2018, and forecast to
2024.
·
To understand the structure of Ethyl
Lactate market by identifying its various subsegments.
·
Focuses on the key global Ethyl
Lactate manufacturers, to define, describe and analyze the sales volume, value,
market share, market competition landscape, SWOT analysis and development plans
in next few years.
·
To analyze the Ethyl Lactate
with respect to individual growth trends, future prospects, and their
contribution to the total market.
·
To share detailed information
about the key factors influencing the growth of the market (growth potential,
opportunities, drivers, industry-specific challenges and risks).
·
To project the consumption of Ethyl
Lactate submarkets, with respect to key regions (along with their respective
key countries).
·
To analyze competitive
developments such as expansions, agreements, new product launches, and
acquisitions in the market.
·
To strategically profile the
key players and comprehensively analyze their growth strategies.
Purchase the complete Global
Ethyl Lactate Market Research Report @
Other Reports by
DecisionDatabases.com:
Global Ethyl Formate Market Growth 2019-2024 @
Global Polymethyl Methacrylate (PMMA) Market Growth 2019-2024 @
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DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.
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