Lactic Acid Esters Market: Swelling Adoption of Lactic Acid Esters in Paints and Inks Application to be Observed in the Coming Years: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2027)

  • Published: 2018-01-30
  • Report Code: REP-GB-6140

An Incisive, In-depth Analysis on the Lactic Acid Esters Market

This study offers a comprehensive, 360 degree analysis on the Lactic Acid Esters market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Lactic Acid Esters market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Increasing inclination towards use of green solvent across various applications is expected to fuel the adoption of lactic acid esters

Lactic acid esters are derived from esterification of lactic acid. It is also referred to as a derivative of lactic acid. Lactic acid is a green solvent that is obtained from the fermentation followed by purification of carbohydrates. Lactic acid esters are commercially used as solvents in various applications across various end use industries.

This fact based research covers overall market for lactic acid esters. This includes trends, developments by various key players and other aspects impacting the growth of the global lactic acid esters market. Additionally, analysis on drivers fuelling the growth and restraints hindering the growth of the lactic acid esters market across the globe is covered in this research report. The market segmentation covers all angles of the market thus portraying a holistic approach. This all-inclusive research report reflects the growth path of the global lactic acid esters market by including key forecast highlights along with historical data. According to this research report, the global lactic acid esters market is expected to reach an estimation of more than US$ 400 Mn by the end of the year of estimation (2027) from a value a little under US$ 210 Mn in 2017. The global lactic acid esters market is projected to reflect a robust value CAGR of 6.9% throughout the period of forecast, 2017-2027.

The revenue generated from electronics sector with respect to the use of lactic acid esters is expected to highly contribute to the growth of the global market

In the application category, lactic acid esters are being used in the electronics sector as solvents for cleaning formulation in semiconductor and electronic goods. The use of lactic acid esters has been tremendous in this field which is expected to trigger increased sales of lactic acid esters in the coming years. With respect to the use of lactic acid esters in electronics domain, the electronics application segment in 2017 reflected a value of about US$ 65 Mn and is estimated to reach a valuation of more than US$ 125 Mn by the end of the year of assessment (2027). This segment is projected to grow at a significant value CAGR 6.8% of throughout the period of assessment.

Food and beverages segment poised to be the second largest with respect to value

In the application category, the food and beverage segment is expected to be the second largest with respect to market valuation. The food and beverage segment is estimated to reach a value of about US$ 90 Mn by the end of the year of assessment (2027) from a value of around US$ 45 Mn in 2017 and is projected to grow at a value CAGR of 7.2% throughout the period of forecast. Apart from revenue generation, this segment is also expected to be the second fastest growing segment in the application category.

Lactic acid esters adoption scenario in the agrochemicals and pharmaceutical sectors during 2017-2027

Lactic acid esters are finding increased use in agrochemicals and pharmaceuticals. In agrochemicals they are used to produce environment friendly insecticides and pesticides. In the pharmaceutical sector, lactic acid esters are used in manufacturing ointments and medicines. The agrochemical segment is expected to show increased adoption of lactic acid esters as compared to pharmaceutical segment, and is poised to grow at a comparatively higher rate during the forecast period. However, the use of lactic acid esters has been prominent since past years in the pharmaceutical sector, which makes this segment a significantly larger with respect to valuation than the agrochemical segment.

This report covers all the vitals of the global lactic acid esters market. Valuable market insights with respect to volume and value are included that reflect the revenue growth of the global market. The research study supports the reader in all angles by assisting him in chalking key decisions and strategic moves. The research report includes intelligence on supply chain analysis, pricing analysis as well as the lactic acid esters market size and a Y-o-Y growth analysis. Various macroeconomic aspects are covered in this research study that influence the growth of the global lactic acid esters market.

Research Methodology

The research done on global lactic acid esters process is based on a highly accurate research platform. The research process is a fool proof, exquisite methodology and comprehensive with the help of which valuable insights regarding various segments across various regions are drawn. The research process includes two extensive research platforms, namely, primary and secondary research. Secondary research is carried out to gain a high level intelligence of the market. The data collected from the secondary research is used in primary research to verify the credibility of the data. The data undergoes multiple levels of accuracy validations till the conclusion of the research. The final data pertaining to market segments reflects a near to 100 percent accuracy that portrays an accurate market scenario.

The comprehensive research report on global lactic acid esters market provides valuable insights with in-depth analysis to the reader. Every organization has its own integral research team, which strives to gather sufficient research data of the market. Future Market Insights aims at doing all the heavy lifting to support them in their research milestones and objectives by providing insights that can be actioned by the integral research team of the reader thus adding value to the reader from a strategic standpoint.

Detailed Competitive Assessment

The extensive research report on lactic acid esters market covers detailed competitive analysis. A dedicated section on competitive scenario includes profiles of tier companies operating in the lactic acid esters market. Various aspects such as SWOT analysis, key developments, innovations, product portfolio, company overview, product portfolio analysis, strategic overview, geographical reach, key personnel, etc., are covered in this section. The analysis of competition can give you adequate buffer to plan different tactics and gain competitive edge over the competition in the coming years.

Market Segmentation

By Product Type

By Application

By Region

  • Ethyl Lactate

  • Methyl Lactate

  • Butyl Lactate

  • Others

  • Electronics

  • Paints & Inks

  • Agrochemicals

  • Pharmaceuticals

  • Food & Beverages

  • Others

  • North America

  • Latin America

  • Western Europe

  • Eastern Europe

  • Asia Pacific excluding Japan (APEJ)

  • Japan

  • Middle East and Africa (MEA)

There are several reasons for you to invest in the research report. The main facts supporting your decision are zero biasness in the research data collection, detailed and a comprehensive segmentation of the entire market, information on key trends and developments taking place in the market, statistical analysis with maximum accuracy, global market forecast for a period of 10 years that gives an idea about the future market scenario based on the current and the past market scenarios thus assisting the reader in slating important strategies with a view to maintain the right tempo and overcome the challenges owing to the changing market dynamics and achieve competitive advantage.

Lactic Acid Esters Market Reports - Table of Contents

Lactic Acid Esters Market Reports - List of Tables

Table 01: Global Lactates Market Volume (TONNES) Value (US$ Mn) by Product Type, 2012 – 2027

Table 02: Global Lactates Market Value (US$ Mn) & Volume (Metric tons) by Application, 2012 – 2027

Table 03: Global Lactates Market Value (US$ Mn) by Region, 2012 – 2027

Table 04: Global Lactates Market Volume (TONNES) by Region, 2012 – 2027

Table 05: North America Lactates Market Size (US$ Mn) and Volume (TONNES) Forecast By Country, 2012 – 2027

Table 06: North America Lactates Market Size (US$ Mn) and Volume (TONNES) Forecast By Product Type, 2012 – 2027

Table 07: North America Lactates Market Size (US$ Mn) and Volume (TONNES) Forecast By Application, 2012 – 2027

Table 08: Latin America Lactates Market Size (US$ Mn) and Volume (TONNES) Forecast by Country, 2012 – 2027

Table 09: Latin America Lactates Market Size (US$ Mn) and Volume (TONNES) Forecast by Product Type, 2012 – 2027

Table 10: Latin America Lactates Market Size (US$ Mn) and Volume (TONNES) Forecast by Application, 2012 – 2027

Table 11: Western Europe Lactates Market Size (US$ Mn) and Volume (TONNES) Forecast By Country, 2012 – 2027

Table 12: Western Europe Lactates Market Size (US$ Mn) and Volume (TONNES) Forecast By Product Type, 2012 – 2027

Table 13: Western Europe Lactates Market Size (US$ Mn) and Volume (TONNES) Forecast By Application, 2012 – 2027

Table 14: Eastern Europe Lactates Market Size (US$ Mn) and Volume (TONNES) Forecast by Country, 2012 – 2027

Table 15: Eastern Europe Lactates Market Size (US$ Mn) and Volume (TONNES) Forecast by Product Type, 2012 – 2027

Table 16: Eastern Europe Lactates Market Size (US$ Mn) and Volume (TONNES) Forecast by Application, 2012 – 2027

Table 17: APEJ Lactates Market Size (US$ Mn) and Volume (TONNES) Forecast by Country, 2012 – 2027

Table 18: APEJ Lactates Market Size (US$ Mn) and Volume (TONNES) Forecast by Product Type, 2012 – 2027

Table 19: APEJ Lactates Market Size (US$ Mn) and Volume (TONNES) Forecast by Application, 2012 – 2027

Table 20: Japan Lactates Market Size (US$ Mn) and Volume (TONNES) Forecast By Country, 2012 – 2027

Table 21: Japan Lactates Market Size (US$ Mn) and Volume (TONNES) Forecast By Product Type, 2012 – 2027

Table 22: Japan Lactates Market Size (US$ Mn) and Volume (TONNES) Forecast By Application, 2012 – 2027

Table 23: MEA Lactates Market Size (US$ Mn) and Volume (TONNES) Forecast by Country, 2012 – 2027

Table 24: MEA Lactates Market Size (US$ Mn) and Volume (TONNES) Forecast by Product Type, 2012 – 2027

Table 25: MEA Lactates Market Size (US$ Mn) and Volume (TONNES) Forecast by Application, 2012 – 2027

Lactic Acid Esters Market Reports - List of Figures

Figure 01: Global GDP Forecast (US$ Bn) & Y-o-Y Growth, 2012–2027

Figure 02: Global urban population (Mn) & Y-o-Y Growth, 2016 - 2027

Figure 03: Global Fertilizer Nutrients Consumption (Mn Tonnes) - 2010-2017

Figure 04: Global Semiconductors Market Growth

Figure 05: Global Paints & Coatings Market Value (US$ Bn) and Y-o-Y Growth (%), 2015-2025

Figure 06: Global Lactates Market Volume (Tonnes), 2017–2027 

Figure 07: Global Lactates Market Value (US$ Mn) and Y-o-Y Growth Projection, 2017–2027

Figure 08: Global Lactates Market Value (US$ Mn) Absolute $ Opportunity, 2017–2027

Figure 09: Global Lactates Market Share and BPS Analysis by Product Type– 2012, 2017 & 2027

Figure 10: Global Lactates Market Y-o-Y Growth by Product Type, 2017 – 2027

Figure 11: Global Lactates Market Attractiveness Analysis by Product Type, 2017 – 2027

Figure 12: Global Lactates Market Absolute $ Opportunity Analysis by Product Type

Figure 13: Global Lactates Market Share and BPS Analysis by Application – 2012, 2017 & 2027

Figure 14: Global Lactates Market Y-o-Y Growth by Application, 2017 – 2027

Figure 15: Global Lactates Market Attractiveness Analysis by Application, 2017 – 2027

Figure 16: Global Lactates Market Absolute $ Opportunity Analysis by Application

Figure 17: Global Lactates Market Share and BPS Analysis by Region – 2012, 2017 & 2027

Figure 18: Global Lactates Market Y-o-Y Growth by Region, 2017 – 2027

Figure 19: Global Lactates Market Attractiveness Analysis by Region, 2017 – 2027

Figure 20: Global Lactates Market Absolute $ Opportunity Analysis by Region

Figure 21: North America Lactates Market Value Share by Country, 2017

Figure 22: North America Lactates Market Value Share by Application, 2017

Figure 23: North America Lactates Market Value Share by Product Type, 2017

Figure 24: North America Lactates Market Value (US$ Mn) and Volume (TONNES) Forecast, 2017 & 2027

Figure 25: North America Historical Lactates Market Size and Volume Analysis, 2012 – 2016

Figure 26: North America Current and Future Lactates Market Size and Volume Analysis,

Figure 27: North America Lactates Market Share and BPS Analysis by Country – 2012, 2017 & 2027

Figure 28: North America Lactates Market Attractiveness Analysis by Country, 2012 – 2027 

Figure 29: North America Lactates Market Y-o-Y Projections by Country, 2017 – 2025

Figure 30: U.S. Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 31: Canada Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 32: North America Lactates Market Share and BPS Analysis by Product Type – 2012, 2017 & 2027

Figure 33: North America Lactates Market Attractiveness by Product Type, 2012 – 2027

Figure 34: North America Lactates Market Y-o-Y Projections by Formulation Type, 2017 – 2025  

Figure 35: North America Lactates Market Share and BPS Analysis by Application – 2012, 2017 & 2027

Figure 36: North America Lactates Market Attractiveness by Application, 2012 – 2027

Figure 37: North America Lactates Market Y-o-Y Projections by Product Type, 2017 – 2025 

Figure 38: Latin America Lactates Market Value Share by Country, 2017

Figure 39: Latin America Lactates Market Value Share by Application, 2017

Figure 40: Latin America Lactates Market Value Share by Product Type, 2017

Figure 41: Latin America Lactates Market Value (US$ Mn) and Volume (TONNES) Forecast, 2017 & 2027

Figure 42: Latin America Historical Lactates Market Size and Volume Analysis, 2012 – 2016

Figure 43: Latin America Current and Future Lactates Market Size and Volume Analysis,

Figure 44: Latin America Lactates Market Share and BPS Analysis by Country – 2012, 2017 & 2027

Figure 45: Latin America Lactates Market Attractiveness Analysis by Country, 2012 – 2027 

Figure 46: Latin America Lactates Market Share and BPS Analysis by Country, 2017 & 2025

Figure 47: Brazil Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 48: Mexico Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 49: Argentina Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 50: Rest of LA Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 51: Latin America Lactates Market Share and BPS Analysis by Product Type – 2012, 2017 & 2027

Figure 52: Latin America Lactates Market Attractiveness by Product Type, 2012 – 2027

Figure 53: Latin America Lactates Market Y-o-Y Projections by Formulation Type, 2017 - 2025  

Figure 54: Latin America Lactates Market Share and BPS Analysis by Application – 2012, 2017 & 2027

Figure 55: Latin America Lactates Market Attractiveness by Application, 2012 – 2027

Figure 56: Latin America Lactates Market Y-o-Y Projections by Product Type, 2017 - 2025 

Figure 57: Western Europe Lactates Market Value Share by Country, 2017

Figure 58: Western Europe Lactates Market Value Share by Application, 2017

Figure 59: Western Europe Lactates Market Value Share by Product Type, 2017

Figure 60: Western Europe Lactates Market Value (US$ Mn) and Volume (TONNES) Forecast, 2017 & 2027

Figure 61: Western Europe Historical Lactates Market Size and Volume Analysis, 2012 – 2016

Figure 62: Western Europe Current and Future Lactates Market Size and Volume Analysis,

Figure 63: Western Europe Lactates Market Share and BPS Analysis by Country – 2012, 2017 & 2027

Figure 64: Western Europe Lactates Market Attractiveness Analysis by Country, 2012 – 2027 

Figure 65: Western Europe Lactates Market Y-o-Y Projections by Country, 2017 – 2025

Figure 66: Germany Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 67: Italy Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 68: France Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 69: U.K. Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 70: Spain Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 71: Nordic Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 72: BENELUX Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 73: Rest of Western Europe Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 74: Western Europe Lactates Market Share and BPS Analysis by Product Type – 2012, 2017 & 2027

Figure 75: Western Europe Lactates Market Attractiveness by Product Type, 2012 – 2027

Figure 76: Western Europe Lactates Market Y-o-Y Projections by Product Type, 2017 – 2025  

Figure 77: Western Europe Lactates Market Share and BPS Analysis by Application – 2012, 2017 & 2027

Figure 78: Western Europe Lactates Market Attractiveness by Application, 2012 – 2027

Figure 79: Western Europe Lactates Market Y-o-Y Projections by Application, 2017 – 2025 

Figure 80: Eastern Europe Lactates Market Value Share by Country, 2017

Figure 81: Eastern Europe Lactates Market Value Share by Application, 2017

Figure 82: Eastern Europe Lactates Market Value Share by Product Type, 2017

Figure 83: Eastern Europe Lactates Market Value (US$ Mn) and Volume (TONNES) Forecast, 2017 & 2027

Figure 84: Eastern Europe Historical Lactates Market Size and Volume Analysis, 2012 – 2016

Figure 85: Eastern Europe Current and Future Lactates Market Size and Volume Analysis,

Figure 86: Eastern Europe Lactates Market Share and BPS Analysis by Country – 2012, 2017 & 2027

Figure 87: Eastern Europe Lactates Market Attractiveness Analysis by Country, 2012 – 2027 

Figure 88: Eastern Europe Lactates Market Share and BPS Analysis by Country, 2017 & 2025

Figure 89: Russia Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 90: Poland Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 91: Rest of Eastern Europe Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 92: Eastern Europe Lactates Market Share and BPS Analysis by Product Type – 2012, 2017 & 2027

Figure 93: Eastern Europe Lactates Market Attractiveness by Product Type, 2012 – 2027

Figure 94: Eastern Europe Lactates Market Y-o-Y Projections by Formulation Type, 2017 - 2025  

Figure 95: Eastern Europe Lactates Market Share and BPS Analysis by Application – 2012, 2017 & 2027

Figure 96: Eastern Europe Lactates Market Attractiveness by Application, 2012 – 2027

Figure 97: Eastern Europe Lactates Market Y-o-Y Projections by Product Type, 2017 - 2025 

Figure 98: APEJ Lactates Market Value Share by Country, 2017

Figure 99: APEJ Lactates Market Value Share by Application, 2017

Figure 100: APEJ Lactates Market Value Share by Product Type, 2017

Figure 101: APEJ Lactates Market Value (US$ Mn) and Volume (TONNES) Forecast, 2017 & 2027

Figure 102: APEJ Historical Lactates Market Size and Volume Analysis, 2012 – 2016

Figure 103: APEJ Current and Future Lactates Market Size and Volume Analysis,

Figure 104: APEJ Lactates Market Share and BPS Analysis by Country – 2012, 2017 & 2027

Figure 105: APEJ Lactates Market Attractiveness Analysis by Country, 2012 – 2027 

Figure 106: APEJ Lactates Market Share and BPS Analysis by Country, 2017 – 2025

Figure 107: China Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 108: India Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 109: ASEAN Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 110: Oceania Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 111: Rest of APEJ Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 112: APEJ Lactates Market Share and BPS Analysis by Product Type – 2012, 2017 & 2027

Figure 113: APEJ Lactates Market Attractiveness by Product Type, 2012 – 2027

Figure 114: APEJ Lactates Market Y-o-Y Projections by Formulation Type, 2017 – 2025  

Figure 115: APEJ Lactates Market Share and BPS Analysis by Application – 2012, 2017 & 2027

Figure 116: APEJ Lactates Market Attractiveness by Application, 2012 – 2027

Figure 117: APEJ Lactates Market Y-o-Y Projections by Product Type, 2017 – 2025 

Figure 118: Japan Lactates Market Value Share by Application, 2017

Figure 119: Japan Lactates Market Value Share by Product Type, 2017

Figure 120: Japan Lactates Market Value (US$ Mn) and Volume (TONNES) Forecast, 2017 & 2027

Figure 121: Japan Historical Lactates Market Size and Volume Analysis, 2012 – 2016

Figure 122: Japan Current and Future Lactates Market Size and Volume Analysis,

Figure 123: Japan Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 124: Japan Lactates Market Share and BPS Analysis by Country, 2017 & 2025

Figure 125: Japan Lactates Market Share and BPS Analysis by Product Type – 2012, 2017 & 2027

Figure 126: Japan Lactates Market Attractiveness by Product Type, 2012 – 2027

Figure 127: Japan Lactates Market Y-o-Y Projections by Formulation Type, 2017 – 2025  

Figure 128: Japan Lactates Market Share and BPS Analysis by Application – 2012, 2017 & 2027

Figure 129: Japan Lactates Market Attractiveness by Application, 2012 – 2027

Figure 130: Japan Lactates Market Y-o-Y Projections by Product Type, 2017 - 2027

Figure 131: MEA Lactates Market Value Share by Country, 2017

Figure 132: MEA Lactates Market Value Share by Application, 2017

Figure 133: MEA Lactates Market Value Share by Product Type, 2017

Figure 134: MEA Lactates Market Value (US$ Mn) and Volume (TONNES) Forecast, 2017 & 2027

Figure 135: MEA Historical Lactates Market Size and Volume Analysis, 2012 – 2016

Figure 136: MEA Current and Future Lactates Market Size and Volume Analysis,

Figure 137: MEA Lactates Market Share and BPS Analysis by Country – 2012, 2017 & 2027

Figure 138: MEA Lactates Market Attractiveness Analysis by Country, 2012 – 2027 

Figure 139: MEA Lactates Market Share and BPS Analysis by Country, 2017 – 2025

Figure 140: GCC Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 141: Israel Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 142: Turkey Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 143: South Africa Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 144: Rest of MEA Lactates Market Absolute $ Opportunity 2012 to 2016 and 2027

Figure 145: MEA Lactates Market Share and BPS Analysis by Product Type – 2012, 2017 & 2027

Figure 146: MEA Lactates Market Attractiveness by Product Type, 2012 – 2027

Figure 147: MEA Lactates Market Y-o-Y Projections by Formulation Type, 2017 – 2025  

Figure 148: MEA Lactates Market Share and BPS Analysis by Application – 2012, 2017 & 2027

Figure 149: MEA Lactates Market Attractiveness by Application, 2012 – 2027

Get in touch

Harish Tiwari

Global Head - Business Development

Pranay Mhaisekar

Business Development

* indicates mandatory fields.

CASE STUDIES

See how our work makes an impact.

At FMI, we design strategies that are adaptive, impactful, and implementable.

Request Sample Ask An Analyst Request Special Price Request Methodology