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Global Lactate Esters Market Research Report 2025
Synopsis
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.
The global Lactate Esters market was valued at US$ 221.9 million in 2023 and is anticipated to reach US$ 288.7 million by 2030, witnessing a CAGR of 3.4% during the forecast period 2024-2030.
Global Lactate Esters key players include Corbion, Galactic, Musashino Chemical Laboratory, Vertec BioSolvents, Yancheng Huade Biological Engineering and Henan Kangyuan Flavor. Global top five players hold a share over 75%.
Europe is the largest market, with a share about 50%, followed by China and North America, having a total share about 40 percent. In terms of product, Ethyl Lactate is the largest segment, with a share about 56%. And in terms of application, the largest application is Food and Beverage, followed by Electronics Industry, Pharmaceuticals and Pesticides, Paints and Coatings, Industrial Solvents.
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.
Report Scope
The Lactate Esters market size, estimations, and forecasts are provided in terms of output/shipments (MT) 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 Lactate Esters 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.
The report will help the Lactate Esters manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
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
Ethyl Lactate
Methyl Lactate
Butyl Lactate
Others
Segment by Application
Food and Beverage
Pharmaceuticals and Pesticides
Paints and Coatings
Electronics Industry
Industrial Solvents
Others
Production by Region
North America
Europe
China
Japan
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Lactate Esters manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Lactate Esters by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
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.
The global Lactate Esters market was valued at US$ 221.9 million in 2023 and is anticipated to reach US$ 288.7 million by 2030, witnessing a CAGR of 3.4% during the forecast period 2024-2030.
Global Lactate Esters key players include Corbion, Galactic, Musashino Chemical Laboratory, Vertec BioSolvents, Yancheng Huade Biological Engineering and Henan Kangyuan Flavor. Global top five players hold a share over 75%.
Europe is the largest market, with a share about 50%, followed by China and North America, having a total share about 40 percent. In terms of product, Ethyl Lactate is the largest segment, with a share about 56%. And in terms of application, the largest application is Food and Beverage, followed by Electronics Industry, Pharmaceuticals and Pesticides, Paints and Coatings, Industrial Solvents.
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.
Report Scope
The Lactate Esters market size, estimations, and forecasts are provided in terms of output/shipments (MT) 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 Lactate Esters 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.
The report will help the Lactate Esters manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
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
Ethyl Lactate
Methyl Lactate
Butyl Lactate
Others
Segment by Application
Food and Beverage
Pharmaceuticals and Pesticides
Paints and Coatings
Electronics Industry
Industrial Solvents
Others
Production by Region
North America
Europe
China
Japan
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Lactate Esters manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Lactate Esters by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Index1 Lactate Esters Market Overview
1.1 Product Definition
1.2 Lactate Esters Segment by Type
1.2.1 Global Lactate Esters Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Ethyl Lactate
1.2.3 Methyl Lactate
1.2.4 Butyl Lactate
1.2.5 Others
1.3 Lactate Esters Segment by Application
1.3.1 Global Lactate Esters Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Food and Beverage
1.3.3 Pharmaceuticals and Pesticides
1.3.4 Paints and Coatings
1.3.5 Electronics Industry
1.3.6 Industrial Solvents
1.3.7 Others
1.4 Global Market Growth Prospects
1.4.1 Global Lactate Esters Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Lactate Esters Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Lactate Esters Production Estimates and Forecasts (2019-2030)
1.4.4 Global Lactate Esters Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Lactate Esters Production Market Share by Manufacturers (2019-2024)
2.2 Global Lactate Esters Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Lactate Esters, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Lactate Esters Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Lactate Esters Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Lactate Esters, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Lactate Esters, Product Offered and Application
2.8 Global Key Manufacturers of Lactate Esters, Date of Enter into This Industry
2.9 Lactate Esters Market Competitive Situation and Trends
2.9.1 Lactate Esters Market Concentration Rate
2.9.2 Global 5 and 10 Largest Lactate Esters Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Lactate Esters Production by Region
3.1 Global Lactate Esters Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Lactate Esters Production Value by Region (2019-2030)
3.2.1 Global Lactate Esters Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Lactate Esters by Region (2025-2030)
3.3 Global Lactate Esters Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Lactate Esters Production by Region (2019-2030)
3.4.1 Global Lactate Esters Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Lactate Esters by Region (2025-2030)
3.5 Global Lactate Esters Market Price Analysis by Region (2019-2024)
3.6 Global Lactate Esters Production and Value, Year-over-Year Growth
3.6.1 North America Lactate Esters Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Lactate Esters Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Lactate Esters Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Lactate Esters Production Value Estimates and Forecasts (2019-2030)
3.6.5 India Lactate Esters Production Value Estimates and Forecasts (2019-2030)
4 Lactate Esters Consumption by Region
4.1 Global Lactate Esters Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Lactate Esters Consumption by Region (2019-2030)
4.2.1 Global Lactate Esters Consumption by Region (2019-2024)
4.2.2 Global Lactate Esters Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Lactate Esters Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Lactate Esters Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Lactate Esters Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Lactate Esters Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Lactate Esters Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Lactate Esters Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Lactate Esters Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Lactate Esters Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Lactate Esters Production by Type (2019-2030)
5.1.1 Global Lactate Esters Production by Type (2019-2024)
5.1.2 Global Lactate Esters Production by Type (2025-2030)
5.1.3 Global Lactate Esters Production Market Share by Type (2019-2030)
5.2 Global Lactate Esters Production Value by Type (2019-2030)
5.2.1 Global Lactate Esters Production Value by Type (2019-2024)
5.2.2 Global Lactate Esters Production Value by Type (2025-2030)
5.2.3 Global Lactate Esters Production Value Market Share by Type (2019-2030)
5.3 Global Lactate Esters Price by Type (2019-2030)
6 Segment by Application
6.1 Global Lactate Esters Production by Application (2019-2030)
6.1.1 Global Lactate Esters Production by Application (2019-2024)
6.1.2 Global Lactate Esters Production by Application (2025-2030)
6.1.3 Global Lactate Esters Production Market Share by Application (2019-2030)
6.2 Global Lactate Esters Production Value by Application (2019-2030)
6.2.1 Global Lactate Esters Production Value by Application (2019-2024)
6.2.2 Global Lactate Esters Production Value by Application (2025-2030)
6.2.3 Global Lactate Esters Production Value Market Share by Application (2019-2030)
6.3 Global Lactate Esters Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Corbion
7.1.1 Corbion Lactate Esters Corporation Information
7.1.2 Corbion Lactate Esters Product Portfolio
7.1.3 Corbion Lactate Esters Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Corbion Main Business and Markets Served
7.1.5 Corbion Recent Developments/Updates
7.2 Galactic
7.2.1 Galactic Lactate Esters Corporation Information
7.2.2 Galactic Lactate Esters Product Portfolio
7.2.3 Galactic Lactate Esters Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Galactic Main Business and Markets Served
7.2.5 Galactic Recent Developments/Updates
7.3 Musashino Chemical Laboratory
7.3.1 Musashino Chemical Laboratory Lactate Esters Corporation Information
7.3.2 Musashino Chemical Laboratory Lactate Esters Product Portfolio
7.3.3 Musashino Chemical Laboratory Lactate Esters Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Musashino Chemical Laboratory Main Business and Markets Served
7.3.5 Musashino Chemical Laboratory Recent Developments/Updates
7.4 Vertec BioSolvents
7.4.1 Vertec BioSolvents Lactate Esters Corporation Information
7.4.2 Vertec BioSolvents Lactate Esters Product Portfolio
7.4.3 Vertec BioSolvents Lactate Esters Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Vertec BioSolvents Main Business and Markets Served
7.4.5 Vertec BioSolvents Recent Developments/Updates
7.5 Godavari
7.5.1 Godavari Lactate Esters Corporation Information
7.5.2 Godavari Lactate Esters Product Portfolio
7.5.3 Godavari Lactate Esters Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Godavari Main Business and Markets Served
7.5.5 Godavari Recent Developments/Updates
7.6 Yancheng Huade Biological Engineering
7.6.1 Yancheng Huade Biological Engineering Lactate Esters Corporation Information
7.6.2 Yancheng Huade Biological Engineering Lactate Esters Product Portfolio
7.6.3 Yancheng Huade Biological Engineering Lactate Esters Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Yancheng Huade Biological Engineering Main Business and Markets Served
7.6.5 Yancheng Huade Biological Engineering Recent Developments/Updates
7.7 Yancheng Hongtai Bioengineering
7.7.1 Yancheng Hongtai Bioengineering Lactate Esters Corporation Information
7.7.2 Yancheng Hongtai Bioengineering Lactate Esters Product Portfolio
7.7.3 Yancheng Hongtai Bioengineering Lactate Esters Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Yancheng Hongtai Bioengineering Main Business and Markets Served
7.7.5 Yancheng Hongtai Bioengineering Recent Developments/Updates
7.8 Henan Kangyuan Flavor
7.8.1 Henan Kangyuan Flavor Lactate Esters Corporation Information
7.8.2 Henan Kangyuan Flavor Lactate Esters Product Portfolio
7.8.3 Henan Kangyuan Flavor Lactate Esters Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Henan Kangyuan Flavor Main Business and Markets Served
7.7.5 Henan Kangyuan Flavor Recent Developments/Updates
7.9 Weishi County Flavor Factory
7.9.1 Weishi County Flavor Factory Lactate Esters Corporation Information
7.9.2 Weishi County Flavor Factory Lactate Esters Product Portfolio
7.9.3 Weishi County Flavor Factory Lactate Esters Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Weishi County Flavor Factory Main Business and Markets Served
7.9.5 Weishi County Flavor Factory Recent Developments/Updates
7.10 Dancheng County Yuanda Industry & Commerce
7.10.1 Dancheng County Yuanda Industry & Commerce Lactate Esters Corporation Information
7.10.2 Dancheng County Yuanda Industry & Commerce Lactate Esters Product Portfolio
7.10.3 Dancheng County Yuanda Industry & Commerce Lactate Esters Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Dancheng County Yuanda Industry & Commerce Main Business and Markets Served
7.10.5 Dancheng County Yuanda Industry & Commerce Recent Developments/Updates
7.11 Shenzhen Esun Industrial
7.11.1 Shenzhen Esun Industrial Lactate Esters Corporation Information
7.11.2 Shenzhen Esun Industrial Lactate Esters Product Portfolio
7.11.3 Shenzhen Esun Industrial Lactate Esters Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Shenzhen Esun Industrial Main Business and Markets Served
7.11.5 Shenzhen Esun Industrial Recent Developments/Updates
7.12 Henan Jindan
7.12.1 Henan Jindan Lactate Esters Corporation Information
7.12.2 Henan Jindan Lactate Esters Product Portfolio
7.12.3 Henan Jindan Lactate Esters Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Henan Jindan Main Business and Markets Served
7.12.5 Henan Jindan Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Lactate Esters Industry Chain Analysis
8.2 Lactate Esters Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Lactate Esters Production Mode & Process
8.4 Lactate Esters Sales and Marketing
8.4.1 Lactate Esters Sales Channels
8.4.2 Lactate Esters Distributors
8.5 Lactate Esters Customers
9 Lactate Esters Market Dynamics
9.1 Lactate Esters Industry Trends
9.2 Lactate Esters Market Drivers
9.3 Lactate Esters Market Challenges
9.4 Lactate Esters Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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