Global Lactic Acid Market Become Dominant At CAGR Of 16.73% By 2021

“The Latest Research Report Global Lactic Acid Market 2017-2021 Report provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – MarketResearchReports.biz”

Lactic acid is an organic compound found both in the liquid and solid state. Its chemical formula is C3H6O3. It generally consists of a hydroxyl group and a carboxyl group. In the solid state, the acid is generally white in color and is soluble in water. It is produced naturally and synthetically as natural production is cost-effective and raw materials are abundant. Fermentation of carbohydrates, such as lactose, sucrose, and glucose, is the common method used in the production of lactic acid commercially.

Technavios analysts forecast the global lactic acid market to grow at a CAGR of 16.73% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global lactic acid market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

APAC

Europe

North America

ROW

Technavio’s report, Global Lactic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Corbion

Cargill

Futerro

Henan Jindan Lactic Acid Technology

Galactic

Musashino Chemical Laboratory

NatureWorks

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Other prominent vendors

BASF

Bioprox

Cellulac

Chongqing Bofei Biochemical Products

Jungbunzlauer

Myriant Corporation

Plaxica

Syconium Lactic Acid

TEIJIN LIMITED

The DOW Chemical Company

thyssenkrupp

Vaishnavi Bio Tech

Wuhan Sanjiang Space Good Biotech

Yancheng Haijianuo Biological Engineering

Market driver

Increase in demand from polylactic acid

For a full, detailed list, view our report

Market challenge

Lactic acid bacteria in optimizing and controlling metabolic activities

For a full, detailed list, view our report

Market trend

Increase in consumer awareness toward organic products

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

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Table of Contents

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

Global lactic acid market

PART 05: Market landscape

Global lactic acid market

Five forces analysis

PART 06: Market segmentation by application

Global lactic acid market segmentation by application

Global lactic acid market in biodegradable polymers

Global lactic acid market in food and beverages

Global lactic acid market in personal care

Global lactic acid market in pharmaceuticals

Global lactic acid market in others

PART 07: Geographical segmentation

Global lactic acid market segmentation by region

Lactic acid market in North America

Lactic acid market in Europe

Lactic acid market in APAC

Lactic acid market in ROW

PART 08: Decision framework

PART 09: Drivers and challenges

Market drivers

Market challenges

PART 10: Market trends

Increase in consumer awareness toward organic products

Development of new applications to manufacture volatile phenols

Development of new applications to manufacture lactate esters

PART 11: Vendor landscape

Competitive scenario

Other prominent vendors

PART 12: Key vendor analysis

Corbion

Cargill

Futerro

Henan Jindan Lactic Acid Technology

Galactic

Musashino Chemical Laboratory

NatureWorks

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