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Ethyl Lactate Market

Ethyl Lactate Market (Grade: Pharma, Food, Technical, and Industrial) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Ethyl Lactate Market Outlook 2031

  • The global market size was valued at US$ 3.1 Bn in 2021
  • It is estimated to grow at a CAGR of 7.3% from 2022 to 2031 and reach US$ 6.2 Bn by the end of 2031

Analysts’ Viewpoint on Market Scenario

Ethyl lactate proves to be a successful ‘green solvent’ that finds applications in end-use industries such as food & beverages, pharmaceuticals, cosmetics & personal care, etc. There has been increase in demand for greener alternatives in various industrial applications. Ethyl lactate is biodegradable and less toxic, hence acts as an excellent substitute for traditional petroleum-based solvents. Ethyl lactate is widely used in the pharmaceutical sector for applications such as tablet coating, granulation, taste-masking, and inhalation propellants.

As the pharma and food & beverages industry deals with products meant for human consumption, the use of solvent should be free from any contamination. Hence, ethyl lactate is extensively being employed in various industries. Ethyl lactate has been proven to be a suitable alternative to hexane, ethyl acetate, acetone, ethanol, methanol, NMP, toluene, and xylene among many others. This is also estimated to offer significant opportunities for market players during the forecast period.

Ethyl Lactate Market

Market Introduction

The global ethyl lactate market is gaining traction as a ‘green solvent’ due to its biodegradability, non-toxicity, low vaporization, non-corrosive, and non-ozone-depleting nature. It is widely used as a food additive for flavor & fragrance and also in the production of perfumes. It is non-carcinogenic; and has low volatility and low viscosity. It is completely biodegradable to carbon dioxide (CO) and water. Hence, ethyl lactate is increasingly used in pharmaceutical sector for the dispersal of bioactive compounds in pharmaceutical formulations.

Ethyl lactate is also used as an industrial cleaning solvent. It is an effective paint stripper and graffiti remover to replace traditional solvents like NMP, toluene, acetone, and xylene. It has also been effectively used as a pre-production surface preparation and cleaning. It has significant applications in removing greases, oils, adhesives, and solid fuels, and as pre-bonding and pre-coating cleaning of metal surfaces. Ethyl lactate evaporates slowly, hence it is an effective alternative to traditional solvents. Rise in need for replacing petroleum-based solvents in various end-use industries such as food & beverages, pharmaceuticals, paints & coatings, etc. is expected to fuel the global ethyl lactate industry during the forecast period.

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Increase in Usage of Ethyl Lactate as an Alternative for Petroleum-based Solvents

Ethyl lactate is used as a solvent and an industrial cleaning agent. It dissolves resins, pigments, adhesives, etc. It can be used as a solvent for paints, inks, and the composition of agricultural chemicals and pesticides. Ethyl Lactate has been increasingly used as a degreaser to replace traditional organic solvent, trichloroethylene. It is also replacing toxic solvents like methylene chloride and chloroform which are harmful to health.

Ethyl lactate can successfully replace solvents like hexane, ethyl acetate, acetone, ethanol, and methanol owing to its low toxicity, flammability, and low vaporization. Increased safety standards for employees and the environment, improved effectiveness, and reduced cost of manufacturing has made it an attractive alternative to petroleum-based solvents.

Implementation of Stringent Government Regulations

Ethyl Lactate has been approved by the United States Food and Drug Administration (FDA) for its use as a food additive, and for the dispersal of bioactive compounds in pharmaceutical formulations because of being less toxic, non-carcinogenic with low volatility, and low viscosity. Various regulations imposed by several governments around the world on reducing the presence of residual solvents in pharmaceuticals and food & beverage sectors.

Rise in government initiatives to encourage industries to make use of ecologically benign and safe green solvents is contributing to market growth. Hence, industries are opting for safer alternatives for petroleum-based solvents i.e. ethyl lactate.

Various regulations are being imposed to control and reduce the amount of VOCs and other emissions caused due to the usage of harmful organic and traditional solvents. Few such regulations are US EPA National Volatile Organic Compound Emission standards, the European Union Directive 2004/42/EC, and Environment Canada regulation for Volatile Organic Compound (VOC) Concentration Limits.

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Rise in Applications in Food & Beverage Industry

Ethyl lactate, when diluted possesses a mild, buttery, creamy odor with hints of fruit and coconut which makes it a good choice as a food additive for flavoring and fragrances. It is also used as a spice to modulate fruit, food, and wine flavors. Ethyl lactate acts as a green solvent. It is also a biodegradable substance, hence being extensively used in the food & beverage sector.

Demand for organic compounds that are safe for human consumption and free from contamination by toxic substances or solvents is increasing across the globe. Increase in demand for green solvents in various sectors, especially food & beverage is anticipated to positively impact the market progress in the near future.

Several governments are imposing stringent regulations on the usage of toxic substances in food products in order to achieve safety standards. Food grade accounted for 37.2% share of the global market in 2021. The segment is estimated to advance at a CAGR of 8.9% during the forecast period.

Regional Outlook of Global Ethyl Lactate Industry

North America dominated the global market in 2021 with 36.9% share, and is expected to grow at a CAGR of 7.1% during the forecast period. Market development in North America is majorly due to the increase in demand for ethyl lactate from industries such as food & beverages, pharmaceuticals, and cosmetics & personal care.

Stringent regulations and permissible limits set on various toxins with respect to organic solvents used in end-use industries especially food & beverages, and paints & coatings in North America have led industries to find a better alternative to petroleum-based solvents. Hence, the demand for ethyl lactate as a “green solvent” is increasing across several end-use industries in the region. Rapid growth in food & beverage, and pharmaceutical industries in the region is expected to fuel the market expansion during the forecast period.

Analysis of Key Players

The global market is fragmented, with a few large and medium-sized players controlling majority of the share. The top few players operating in the global ethyl lactate industry cumulatively held for 35-40% share in 2021. These players focus on business expansion through acquisitions, capacity expansion, mergers & acquisitions, and financial restructuring and investments. Stepan, Corbion, Merck KGaA, and Godavari Biorefineries Ltd. are prominent entities operating in the global ethyl lactate market.

Key Developments

  • In September 2022, Stepan entered into an agreement to acquire the surfactant business and associated assets of PerformanX Specialty Chemicals, LLC. This includes intellectual property, commercial relationships, and inventory.
  • In April 2022, Godavari Biorefineries Ltd (GBL) inaugurated the expanded manufacturing facility at Sakarwadi in Maharashtra, India. It also simultaneously inaugurated a laboratory for biochemical research and new product development.
  • In March 2021, Corbion announced a major capacity expansion scheduled for 2023. Also, Corbion launched a global initiative to substantially increase its capacity for producing lactic acid and lactic-acid derivatives. The initiative involved capital expenditure at four of its facilities to maximize efficiencies and leverage synergies in order to get maximum output.

Key players have been profiled in the global market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

Global Ethyl Lactate Market Snapshot

Attribute

Detail

Market Size Value in 2021

US$ 3.1 Bn

Market Forecast Value in 2031

US$ 6.2 Bn

Growth Rate

(CAGR)

7.3%

Forecast Period

2022–2031

Historical Data Available for

2020

Quantitative Units

US$ Bn for Value and Kilo Tons for Volume

Market Analysis

It includes cross segment analysis at Europe as well as country level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.

Competition Landscape
  • Market share analysis by company (2021)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials

Format

Electronic (PDF) + Excel

Market Segmentation
  • By Grade
    • Pharma
    • Food
    • Technical
    • Industrial
  • By End-use
    • Food & Beverages
    • Electronics
    • Paints & Coatings
    • Packaging & Printing ink
    • Pharmaceuticals
    • Cosmetics & Personal Care
    • Industrial Cleaning
    • Agrochemicals
    • Others

Regions Covered
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Countries Covered
  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia & CIS
  • Rest of Europe
  • China
  • India
  • Australia
  • ASEAN
  • Rest of Asia Pacific
  • GCC
  • South Africa
  • Rest of Middle East & Africa
  • Brazil
  • Mexico
  • Rest of Latin America

Companies Profiled
  • Godavari Biorefineries Ltd.
  • Aurochemicals
  • Vertec Biosolvents Inc.
  • Merck KGaA
  • Corbion N.V.
  • Henan Jindan Lactic Acid Technology Co., Ltd.
  • Stepan
  • Musashino Chemical Laboratory Ltd.
  • TCI CHEMICALS (INDIA) PRIVATE LIMITED
  • The Archer-Daniels-Midland Company
  • Qingdao Abel Technology Co. Ltd.
  • Shenzhen Esun Industrial Co., Ltd.
  • Zhengzhou Tianrun Lactic Acid Co. Ltd.

Customization Scope

Available upon request

Pricing

Available upon request

Frequently Asked Questions

How big was the global ethyl lactate market in 2021?

The ethyl lactate industry stood at US$ 3.1 Bn in 2021

How is the market expected to grow by 2031?

The market is expected to grow at a CAGR of 7.3% from 2022 to 2031

What are the key drivers of the global market?

Increase in usage of ethyl lactate as an alternative for petroleum-based solvents and implementation of stringent government regulations

Which was the largest segment in the ethyl lactate industry in 2021?

Food & beverages was the largest segment that held 47.3% share in 2021

Which was the most lucrative region in 2021?

North America was the most lucrative region and accounted for 36.9% share in 2021

Who are the prominent players in the market?

Stepan, Merck KgaA, Corbion N.V., and Godavari Biorefineries Ltd

    1. Executive Summary

        1.1. Ethyl Lactate Market Snapshot

        1.2. Key Market Trends

        1.3. Current Market and Future Potential

        1.4. TMR’s Growth Opportunity Wheel

    2. Market Overview

        2.1. Market Segmentation

        2.2. Market Indicators

        2.3. Market Definitions

        2.4. Market Dynamics

            2.4.1. Drivers

            2.4.2. Restraints

            2.4.3. Opportunities

        2.5. Porter’s Five Forces Analysis

        2.6. Value Chain Analysis

            2.6.1. List of Service Providers

            2.6.2. List of Potential Customers

        2.7. Product Specification Analysis

        2.8. Overview of Manufacturing Process

        2.9. Cost Structure Analysis

    3. COVID-19 Impact Analysis

    4. Impact of Current Geopolitical Scenario on the Market

    5. Global Production Output Analysis, by Region, 2021

        5.1. North America

        5.2. Europe

        5.3. Asia Pacific

        5.4. Latin America

        5.5. Middle East & Africa

    6. Price Trend Analysis and Forecast, 2020-2031

        6.1. Price Comparison Analysis by Grade

        6.2. Price Comparison Analysis by Region

    7. Global Ethyl Lactate Market Analysis and Forecast, by Grade, 2020-2031

        7.1. Introduction and Definitions

        7.2. Global Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

            7.2.1. Pharma

            7.2.2. Food

            7.2.3. Technical

            7.2.4. Industrial

        7.3. Global Ethyl Lactate Market Attractiveness, by Grade

    8. Global Ethyl Lactate Market Analysis and Forecast, by End-use, 2020-2031

        8.1. Introduction and Definitions

        8.2. Global Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use,

            8.2.1. Food & Beverages

            8.2.2. Electronics

            8.2.3. Paints & Coatings

            8.2.4. Packaging & Printing ink

            8.2.5. Pharmaceuticals

            8.2.6. Cosmetics & Personal Care

            8.2.7. Industrial Cleaning

            8.2.8. Agrochemicals

            8.2.9. Others

        8.3. Global Ethyl Lactate Market Attractiveness, by End-use

    9. Global Ethyl Lactate Market Analysis and Forecast, by Region, 2020-2031

        9.1. Key Findings

        9.2. Global Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Region, 2020-2031

            9.2.1. North America

            9.2.2. Europe

            9.2.3. Asia Pacific

            9.2.4. Latin America

            9.2.5. Middle East & Africa

        9.3. Global Ethyl Lactate Market Attractiveness, by Region

    10. North America Ethyl Lactate Market Analysis and Forecast, 2020-2031

        10.1. Key Findings

        10.2. North America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

        10.3. North America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

        10.4. North America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country, 2020-2031

            10.4.1. U.S. Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

            10.4.2. U.S. Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

            10.4.3. Canada Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

            10.4.4. Canada Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

        10.5. North America Ethyl Lactate Market Attractiveness Analysis

    11. Europe Ethyl Lactate Market Analysis and Forecast, 2020-2031

        11.1. Key Findings

        11.2. Europe Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

        11.3. Europe Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

        11.4. Europe Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2020-2031

            11.4.1. Germany Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

            11.4.2. Germany Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

            11.4.3. France Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

            11.4.4. France Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

            11.4.5. U.K. Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

            11.4.6. U.K. Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

            11.4.7. Italy Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

            11.4.8. Italy Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

            11.4.9. Russia & CIS Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

            11.4.10. Russia & CIS Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

            11.4.11. Rest of Europe Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

            11.4.12. Rest of Europe Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

        11.5. Europe Ethyl Lactate Market Attractiveness Analysis

    12. Asia Pacific Ethyl Lactate Market Analysis and Forecast, 2020-2031

        12.1. Key Findings

        12.2. Asia Pacific Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

        12.3. Asia Pacific Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

        12.4. Asia Pacific Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2020-2031

            12.4.1. China Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

            12.4.2. China Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

            12.4.3. Japan Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

            12.4.4. Japan Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

            12.4.5. India Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

            12.4.6. India Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

            12.4.7. ASEAN Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

            12.4.8. ASEAN Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

            12.4.9. Rest of Asia Pacific Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

            12.4.10. Rest of Asia Pacific Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

        12.5. Asia Pacific Ethyl Lactate Market Attractiveness Analysis

    13. Latin America Ethyl Lactate Market Analysis and Forecast, 2020-2031

        13.1. Key Findings

        13.2. Latin America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

        13.3. Latin America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

        13.4. Latin America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2020-2031

            13.4.1. Brazil Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

            13.4.2. Brazil Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

            13.4.3. Mexico Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

            13.4.4. Mexico Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

            13.4.5. Rest of Latin America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

            13.4.6. Rest of Latin America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

        13.5. Latin America Ethyl Lactate Market Attractiveness Analysis

    14. Middle East & Africa Ethyl Lactate Market Analysis and Forecast, 2020-2031

        14.1. Key Findings

        14.2. Middle East & Africa Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

        14.3. Middle East & Africa Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

        14.4. Middle East & Africa Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2020-2031

            14.4.1. GCC Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

            14.4.2. GCC Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

            14.4.3. South Africa Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

            14.4.4. South Africa Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

            14.4.5. Rest of Middle East & Africa Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

            14.4.6. Rest of Middle East & Africa Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

        14.5. Middle East & Africa Ethyl Lactate Market Attractiveness Analysis

    15. Global Ethyl Lactate Company Market Share Analysis, 2021

        15.1. Competition Matrix

        15.2. Market Footprint Analysis

            15.2.1. By Grade

            15.2.2. By End-use

        15.3. Company Profiles (Details – Overview, Financials, Recent Developments, and Strategy)

            15.3.1. Godavari Biorefineries Ltd.

                15.3.1.1. Company Description

                15.3.1.2. Business Overview

                15.3.1.3. Financial Details

                15.3.1.4. Strategic Overview

            15.3.2. Aurochemicals

                15.3.2.1. Company Description

                15.3.2.2. Business Overview

                15.3.2.3. Financial Details

                15.3.2.4. Strategic Overview

            15.3.3. Vertec Biosolvents Inc.

                15.3.3.1. Company Description

                15.3.3.2. Business Overview

                15.3.3.3. Financial Details

                15.3.3.4. Strategic Overview

            15.3.4. Merck KGaA

                15.3.4.1. Company Description

                15.3.4.2. Business Overview

                15.3.4.3. Financial Details

                15.3.4.4. Strategic Overview

            15.3.5. Corbion N.V.

                15.3.5.1. Company Description

                15.3.5.2. Business Overview

                15.3.5.3. Financial Details

                15.3.5.4. Strategic Overview

            15.3.6. Henan Jindan Lactic Acid Technology Co., Ltd.

                15.3.6.1. Company Description

                15.3.6.2. Business Overview

                15.3.6.3. Financial Details

                15.3.6.4. Strategic Overview

            15.3.7. Stepan

                15.3.7.1. Company Description

                15.3.7.2. Business Overview

                15.3.7.3. Financial Details

                15.3.7.4. Strategic Overview

            15.3.8. Musashino Chemical Laboratory Ltd.

                15.3.8.1. Company Description

                15.3.8.2. Business Overview

                15.3.8.3. Financial Details

                15.3.8.4. Strategic Overview

            15.3.9. TCI CHEMICALS (INDIA) PRIVATE LIMITED

                15.3.9.1. Company Description

                15.3.9.2. Business Overview

                15.3.9.3. Financial Details

                15.3.9.4. Strategic Overview

            15.3.10. The Archer-Daniels-Midland Company

                15.3.10.1. Company Description

                15.3.10.2. Business Overview

                15.3.10.3. Financial Details

                15.3.10.4. Strategic Overview

            15.3.11. Qingdao Abel Technology Co. Ltd.

                15.3.11.1. Company Description

                15.3.11.2. Business Overview

                15.3.11.3. Financial Details

                15.3.11.4. Strategic Overview

            15.3.12. Shenzhen Esun Industrial Co., Ltd.

                15.3.12.1. Company Description

                15.3.12.2. Business Overview

                15.3.12.3. Financial Details

                15.3.12.4. Strategic Overview

            15.3.13. Zhengzhou Tianrun Lactic Acid Co. Ltd.

                15.3.13.1. Company Description

                15.3.13.2. Business Overview

                15.3.13.3. Financial Details

                15.3.13.4. Strategic Overview

    16. Primary Research: Key Insights

    17. Appendix

    List of Tables

    Table 01: Global Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 02: Global Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 03: Global Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Region, 2020-2031

    Table 04: North America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 05: North America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 06: North America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country, 2020-2031

    Table 07: U.S. Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 08: U.S. Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 09: Canada Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 10: Canada Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 11: Europe Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 12: Europe Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 13: Europe Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country & Sub-region, 2020-2031

    Table 14: Germany Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 15: Germany Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 16: U.K. Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 17: U.K. Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 18: France Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 19: France Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 20: Italy Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 21: Italy Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 22: Spain Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 23: Spain Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 24: Russia & CIS Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 25: Russia & CIS Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 26: Rest of Europe Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 27: Rest of Europe Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 28: Asia Pacific Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 29: Asia Pacific Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 30: Asia Pacific Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country & Sub-region, 2020-2031

    Table 31: China Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 32: China Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 33: Japan Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 34: Japan Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 35: India Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 36: India Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 37: ASEAN Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 38: ASEAN Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 39: Rest of Asia Pacific Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 40: Rest of Asia Pacific Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 41: Latin America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 42: Latin America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 43: Latin America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country & Sub-region, 2020-2031

    Table 44: Brazil Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 45: Brazil Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 46: Mexico Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 47: Mexico Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 48: Rest of Latin America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 49: Rest of Latin America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 50: Middle East & Africa Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 51: Middle East & Africa Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 52: Middle East & Africa Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country & Sub-region, 2020-2031

    Table 53: GCC Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 54: GCC Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 55: South Africa Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 56: South Africa Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    Table 57: Rest of Middle East & Africa Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031

    Table 58: Rest of Middle East & Africa Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2020-2031

    List of Figures

    Figure 01: Global Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn), 2020-2031

    Figure 02: Global Ethyl Lactate Market Share Analysis, by Grade

    Figure 03: Global Ethyl Lactate Market Attractiveness Analysis, by Grade

    Figure 04: Global Ethyl Lactate Market Share Analysis, by End-use

    Figure 05: Global Ethyl Lactate Market Attractiveness Analysis, by End-use

    Figure 06: Global Ethyl Lactate Market Share Analysis, by Region

    Figure 07: Global Ethyl Lactate Market Attractiveness Analysis, by Region

    Figure 08: North America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn), 2020-2031

    Figure 09: North America Ethyl Lactate Market Value Share Analysis, by Country

    Figure 10: North America Ethyl Lactate Market Attractiveness Analysis, by Country

    Figure 11: North America Ethyl Lactate Market Share Analysis, by Grade

    Figure 12: North America Ethyl Lactate Market Attractiveness Analysis, by Grade

    Figure 13: North America Ethyl Lactate Market Share Analysis, by End-use

    Figure 14: North America Ethyl Lactate Market Attractiveness Analysis, by End-use

    Figure 15: Europe Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn), 2020-2031

    Figure 16: Europe Ethyl Lactate Market Share Analysis, by Country and Sub-region

    Figure 17: Europe Ethyl Lactate Market Attractiveness Analysis, by Country and Sub-region

    Figure 18: Europe Ethyl Lactate Market Share Analysis, by Grade

    Figure 19: Europe Ethyl Lactate Market Attractiveness Analysis, by Grade

    Figure 20: Europe Ethyl Lactate Market Share Analysis, by End-use

    Figure 21: Europe Ethyl Lactate Market Attractiveness Analysis, by End-use

    Figure 22: Asia Pacific Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn), 2020-2031

    Figure 23: Asia Pacific Ethyl Lactate Market Value Share Analysis, by Country and Sub-region

    Figure 24: Asia Pacific Ethyl Lactate Market Attractiveness Analysis, by Country and Sub-region

    Figure 25: Asia Pacific Ethyl Lactate Market Share Analysis, by Grade

    Figure 26: Asia Pacific Ethyl Lactate Market Attractiveness Analysis, by Grade

    Figure 27: Asia Pacific Ethyl Lactate Market Share Analysis, by End-use

    Figure 28: Asia Pacific Ethyl Lactate Market Attractiveness Analysis, by End-use

    Figure 29: Latin America Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn), 2020-2031

    Figure 30: Latin America Ethyl Lactate Market Share Analysis, by Country and Sub-region

    Figure 31: Latin America Ethyl Lactate Market Attractiveness Analysis, by Country and Sub-region

    Figure 32: Latin America Ethyl Lactate Market Share Analysis, by Grade

    Figure 33: Latin America Ethyl Lactate Market Attractiveness Analysis, by Grade

    Figure 34: Latin America Ethyl Lactate Market Share Analysis, by End-use

    Figure 35: Latin America Ethyl Lactate Market Attractiveness Analysis, by End-use

    Figure 36: Middle East & Africa Ethyl Lactate Market Volume (Kilo Tons) and Value (US$ Mn), 2020-2031

    Figure 37: Middle East & Africa Ethyl Lactate Market Share Analysis, by Country and Sub-region

    Figure 38: Middle East & Africa Ethyl Lactate Market Attractiveness Analysis, by Country and Sub-region

    Figure 39: Middle East & Africa Ethyl Lactate Market Share Analysis, by Grade

    Figure 40: Middle East & Africa Ethyl Lactate Market Attractiveness Analysis, by Grade

    Figure 41: Middle East & Africa Ethyl Lactate Market Share Analysis, by End-use

    Figure 42: Middle East & Africa Ethyl Lactate Market Attractiveness Analysis, by End-use

    Figure 43: Company Market Share Analysis, 2018

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Ethyl Lactate Market

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