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Global Lactic Acid Ester Market Research Report 2025
Synopsis
The global Lactic Acid Ester market was valued at US$ 93 million in 2023 and is anticipated to reach US$ 108.9 million by 2030, witnessing a CAGR of 2.3% during the forecast period 2024-2030.
North American market for Lactic Acid Ester is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Lactic Acid Ester is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Lactic Acid Ester include Stephan Company, Merck Kraal, Galactic, Corbin N.V, GODAVARI BIOREFINERIES LTD, Cellular, Henan Jinan Lactic Acid Technology Co., Ltd, Musashino Chemical Laboratory, Ltd and Zhengzhou Tianrun Lactic Acid Co., Ltd, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Lactic Acid Ester, 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 Lactic Acid Ester.
Report Scope
The Lactic Acid Ester market size, estimations, and forecasts are provided in terms of output/shipments (K 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 Lactic Acid Ester 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 Lactic Acid Ester 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
Stephan Company
Merck Kraal
Galactic
Corbin N.V
GODAVARI BIOREFINERIES LTD
Cellular
Henan Jinan Lactic Acid Technology Co., Ltd
Musashino Chemical Laboratory, Ltd
Zhengzhou Tianrun Lactic Acid Co., Ltd
Shenzhen Esun Industrial Co., Ltd
QINGDAO ABEL TECHNOLOGY CO., LTD
Yancheng Huade Biological Engineering Co.,Ltd
Vetrtec Biosolvents Inc.
Segment by Type
Ethyl Lactate
Methyl Lactate
Butyl Lactate
Others
Segment by Application
Electronics
Paints & Inks
Agrochemicals
Pharmaceuticals
Food & Beverages
Others
Production by Region
North America
Europe
China
Japan
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 Lactic Acid Ester manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Lactic Acid Ester 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 Lactic Acid Ester 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.
The global Lactic Acid Ester market was valued at US$ 93 million in 2023 and is anticipated to reach US$ 108.9 million by 2030, witnessing a CAGR of 2.3% during the forecast period 2024-2030.
North American market for Lactic Acid Ester is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Lactic Acid Ester is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Lactic Acid Ester include Stephan Company, Merck Kraal, Galactic, Corbin N.V, GODAVARI BIOREFINERIES LTD, Cellular, Henan Jinan Lactic Acid Technology Co., Ltd, Musashino Chemical Laboratory, Ltd and Zhengzhou Tianrun Lactic Acid Co., Ltd, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Lactic Acid Ester, 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 Lactic Acid Ester.
Report Scope
The Lactic Acid Ester market size, estimations, and forecasts are provided in terms of output/shipments (K 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 Lactic Acid Ester 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 Lactic Acid Ester 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
Stephan Company
Merck Kraal
Galactic
Corbin N.V
GODAVARI BIOREFINERIES LTD
Cellular
Henan Jinan Lactic Acid Technology Co., Ltd
Musashino Chemical Laboratory, Ltd
Zhengzhou Tianrun Lactic Acid Co., Ltd
Shenzhen Esun Industrial Co., Ltd
QINGDAO ABEL TECHNOLOGY CO., LTD
Yancheng Huade Biological Engineering Co.,Ltd
Vetrtec Biosolvents Inc.
Segment by Type
Ethyl Lactate
Methyl Lactate
Butyl Lactate
Others
Segment by Application
Electronics
Paints & Inks
Agrochemicals
Pharmaceuticals
Food & Beverages
Others
Production by Region
North America
Europe
China
Japan
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 Lactic Acid Ester manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Lactic Acid Ester 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 Lactic Acid Ester 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 Lactic Acid Ester Market Overview
1.1 Product Definition
1.2 Lactic Acid Ester Segment by Type
1.2.1 Global Lactic Acid Ester 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 Lactic Acid Ester Segment by Application
1.3.1 Global Lactic Acid Ester Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Electronics
1.3.3 Paints & Inks
1.3.4 Agrochemicals
1.3.5 Pharmaceuticals
1.3.6 Food & Beverages
1.3.7 Others
1.4 Global Market Growth Prospects
1.4.1 Global Lactic Acid Ester Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Lactic Acid Ester Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Lactic Acid Ester Production Estimates and Forecasts (2019-2030)
1.4.4 Global Lactic Acid Ester Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Lactic Acid Ester Production Market Share by Manufacturers (2019-2024)
2.2 Global Lactic Acid Ester Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Lactic Acid Ester, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Lactic Acid Ester Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Lactic Acid Ester Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Lactic Acid Ester, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Lactic Acid Ester, Product Offered and Application
2.8 Global Key Manufacturers of Lactic Acid Ester, Date of Enter into This Industry
2.9 Lactic Acid Ester Market Competitive Situation and Trends
2.9.1 Lactic Acid Ester Market Concentration Rate
2.9.2 Global 5 and 10 Largest Lactic Acid Ester Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Lactic Acid Ester Production by Region
3.1 Global Lactic Acid Ester Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Lactic Acid Ester Production Value by Region (2019-2030)
3.2.1 Global Lactic Acid Ester Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Lactic Acid Ester by Region (2025-2030)
3.3 Global Lactic Acid Ester Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Lactic Acid Ester Production by Region (2019-2030)
3.4.1 Global Lactic Acid Ester Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Lactic Acid Ester by Region (2025-2030)
3.5 Global Lactic Acid Ester Market Price Analysis by Region (2019-2024)
3.6 Global Lactic Acid Ester Production and Value, Year-over-Year Growth
3.6.1 North America Lactic Acid Ester Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Lactic Acid Ester Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Lactic Acid Ester Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Lactic Acid Ester Production Value Estimates and Forecasts (2019-2030)
4 Lactic Acid Ester Consumption by Region
4.1 Global Lactic Acid Ester Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Lactic Acid Ester Consumption by Region (2019-2030)
4.2.1 Global Lactic Acid Ester Consumption by Region (2019-2024)
4.2.2 Global Lactic Acid Ester Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Lactic Acid Ester Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Lactic Acid Ester Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Lactic Acid Ester Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Lactic Acid Ester 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 Lactic Acid Ester Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Lactic Acid Ester 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 Lactic Acid Ester Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Lactic Acid Ester Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Lactic Acid Ester Production by Type (2019-2030)
5.1.1 Global Lactic Acid Ester Production by Type (2019-2024)
5.1.2 Global Lactic Acid Ester Production by Type (2025-2030)
5.1.3 Global Lactic Acid Ester Production Market Share by Type (2019-2030)
5.2 Global Lactic Acid Ester Production Value by Type (2019-2030)
5.2.1 Global Lactic Acid Ester Production Value by Type (2019-2024)
5.2.2 Global Lactic Acid Ester Production Value by Type (2025-2030)
5.2.3 Global Lactic Acid Ester Production Value Market Share by Type (2019-2030)
5.3 Global Lactic Acid Ester Price by Type (2019-2030)
6 Segment by Application
6.1 Global Lactic Acid Ester Production by Application (2019-2030)
6.1.1 Global Lactic Acid Ester Production by Application (2019-2024)
6.1.2 Global Lactic Acid Ester Production by Application (2025-2030)
6.1.3 Global Lactic Acid Ester Production Market Share by Application (2019-2030)
6.2 Global Lactic Acid Ester Production Value by Application (2019-2030)
6.2.1 Global Lactic Acid Ester Production Value by Application (2019-2024)
6.2.2 Global Lactic Acid Ester Production Value by Application (2025-2030)
6.2.3 Global Lactic Acid Ester Production Value Market Share by Application (2019-2030)
6.3 Global Lactic Acid Ester Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Stephan Company
7.1.1 Stephan Company Lactic Acid Ester Corporation Information
7.1.2 Stephan Company Lactic Acid Ester Product Portfolio
7.1.3 Stephan Company Lactic Acid Ester Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Stephan Company Main Business and Markets Served
7.1.5 Stephan Company Recent Developments/Updates
7.2 Merck Kraal
7.2.1 Merck Kraal Lactic Acid Ester Corporation Information
7.2.2 Merck Kraal Lactic Acid Ester Product Portfolio
7.2.3 Merck Kraal Lactic Acid Ester Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Merck Kraal Main Business and Markets Served
7.2.5 Merck Kraal Recent Developments/Updates
7.3 Galactic
7.3.1 Galactic Lactic Acid Ester Corporation Information
7.3.2 Galactic Lactic Acid Ester Product Portfolio
7.3.3 Galactic Lactic Acid Ester Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Galactic Main Business and Markets Served
7.3.5 Galactic Recent Developments/Updates
7.4 Corbin N.V
7.4.1 Corbin N.V Lactic Acid Ester Corporation Information
7.4.2 Corbin N.V Lactic Acid Ester Product Portfolio
7.4.3 Corbin N.V Lactic Acid Ester Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Corbin N.V Main Business and Markets Served
7.4.5 Corbin N.V Recent Developments/Updates
7.5 GODAVARI BIOREFINERIES LTD
7.5.1 GODAVARI BIOREFINERIES LTD Lactic Acid Ester Corporation Information
7.5.2 GODAVARI BIOREFINERIES LTD Lactic Acid Ester Product Portfolio
7.5.3 GODAVARI BIOREFINERIES LTD Lactic Acid Ester Production, Value, Price and Gross Margin (2019-2024)
7.5.4 GODAVARI BIOREFINERIES LTD Main Business and Markets Served
7.5.5 GODAVARI BIOREFINERIES LTD Recent Developments/Updates
7.6 Cellular
7.6.1 Cellular Lactic Acid Ester Corporation Information
7.6.2 Cellular Lactic Acid Ester Product Portfolio
7.6.3 Cellular Lactic Acid Ester Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Cellular Main Business and Markets Served
7.6.5 Cellular Recent Developments/Updates
7.7 Henan Jinan Lactic Acid Technology Co., Ltd
7.7.1 Henan Jinan Lactic Acid Technology Co., Ltd Lactic Acid Ester Corporation Information
7.7.2 Henan Jinan Lactic Acid Technology Co., Ltd Lactic Acid Ester Product Portfolio
7.7.3 Henan Jinan Lactic Acid Technology Co., Ltd Lactic Acid Ester Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Henan Jinan Lactic Acid Technology Co., Ltd Main Business and Markets Served
7.7.5 Henan Jinan Lactic Acid Technology Co., Ltd Recent Developments/Updates
7.8 Musashino Chemical Laboratory, Ltd
7.8.1 Musashino Chemical Laboratory, Ltd Lactic Acid Ester Corporation Information
7.8.2 Musashino Chemical Laboratory, Ltd Lactic Acid Ester Product Portfolio
7.8.3 Musashino Chemical Laboratory, Ltd Lactic Acid Ester Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Musashino Chemical Laboratory, Ltd Main Business and Markets Served
7.7.5 Musashino Chemical Laboratory, Ltd Recent Developments/Updates
7.9 Zhengzhou Tianrun Lactic Acid Co., Ltd
7.9.1 Zhengzhou Tianrun Lactic Acid Co., Ltd Lactic Acid Ester Corporation Information
7.9.2 Zhengzhou Tianrun Lactic Acid Co., Ltd Lactic Acid Ester Product Portfolio
7.9.3 Zhengzhou Tianrun Lactic Acid Co., Ltd Lactic Acid Ester Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Zhengzhou Tianrun Lactic Acid Co., Ltd Main Business and Markets Served
7.9.5 Zhengzhou Tianrun Lactic Acid Co., Ltd Recent Developments/Updates
7.10 Shenzhen Esun Industrial Co., Ltd
7.10.1 Shenzhen Esun Industrial Co., Ltd Lactic Acid Ester Corporation Information
7.10.2 Shenzhen Esun Industrial Co., Ltd Lactic Acid Ester Product Portfolio
7.10.3 Shenzhen Esun Industrial Co., Ltd Lactic Acid Ester Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Shenzhen Esun Industrial Co., Ltd Main Business and Markets Served
7.10.5 Shenzhen Esun Industrial Co., Ltd Recent Developments/Updates
7.11 QINGDAO ABEL TECHNOLOGY CO., LTD
7.11.1 QINGDAO ABEL TECHNOLOGY CO., LTD Lactic Acid Ester Corporation Information
7.11.2 QINGDAO ABEL TECHNOLOGY CO., LTD Lactic Acid Ester Product Portfolio
7.11.3 QINGDAO ABEL TECHNOLOGY CO., LTD Lactic Acid Ester Production, Value, Price and Gross Margin (2019-2024)
7.11.4 QINGDAO ABEL TECHNOLOGY CO., LTD Main Business and Markets Served
7.11.5 QINGDAO ABEL TECHNOLOGY CO., LTD Recent Developments/Updates
7.12 Yancheng Huade Biological Engineering Co.,Ltd
7.12.1 Yancheng Huade Biological Engineering Co.,Ltd Lactic Acid Ester Corporation Information
7.12.2 Yancheng Huade Biological Engineering Co.,Ltd Lactic Acid Ester Product Portfolio
7.12.3 Yancheng Huade Biological Engineering Co.,Ltd Lactic Acid Ester Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Yancheng Huade Biological Engineering Co.,Ltd Main Business and Markets Served
7.12.5 Yancheng Huade Biological Engineering Co.,Ltd Recent Developments/Updates
7.13 Vetrtec Biosolvents Inc.
7.13.1 Vetrtec Biosolvents Inc. Lactic Acid Ester Corporation Information
7.13.2 Vetrtec Biosolvents Inc. Lactic Acid Ester Product Portfolio
7.13.3 Vetrtec Biosolvents Inc. Lactic Acid Ester Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Vetrtec Biosolvents Inc. Main Business and Markets Served
7.13.5 Vetrtec Biosolvents Inc. Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Lactic Acid Ester Industry Chain Analysis
8.2 Lactic Acid Ester Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Lactic Acid Ester Production Mode & Process
8.4 Lactic Acid Ester Sales and Marketing
8.4.1 Lactic Acid Ester Sales Channels
8.4.2 Lactic Acid Ester Distributors
8.5 Lactic Acid Ester Customers
9 Lactic Acid Ester Market Dynamics
9.1 Lactic Acid Ester Industry Trends
9.2 Lactic Acid Ester Market Drivers
9.3 Lactic Acid Ester Market Challenges
9.4 Lactic Acid Ester 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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