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Lactic Acid Ester Market

Lactic Acid Ester Market (Type: Ethyl Lactate, Methyl Lactate, Butyl Lactate, Isopropyl Lactate, Isobutyl Lactate, and Others; and Application: Food & Beverages, Electronics, Pharmaceuticals, Paints & Inks, Agrochemicals, Cosmetics & Personal Care, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Companies Partially Relocate or Ramp-up Critical Chemicals Production During COVID-19 Crisis

As the impact of COVID-19 ripples across the globe and causes an economic slowdown, chemical companies find themselves operating in fundamentally new ways. In order to keep economies, stakeholders in the lactic acid ester market are capitalizing on the unprecedented demand for food additives, pharmaceuticals, and disinfectants. Manufacturers are witnessing record outbound volumes from industries such as food & beverages (F&B), pharmaceuticals, and agrochemicals during the ongoing pandemic.

Poor market sentiments are affecting the growth of the lactic acid ester market. In response to supply chain disruptions, companies are either partly relocating or ramping up the production of critical chemical supplies and medical goods pertaining to disinfectant gels and active pharmaceutical ingredients (APIs). Trade conflicts and structural sector changes are influencing supply chains.

lactic acid ester market infographic

Lactic Acid Esters Gain Prominence in F&B, Cosmetics Applications

The lactic acid ester market is expected to cross US$ 4.83 Bn by 2031. F&B applications are predicted to dominate the highest revenue share among all application types in the market. There is a growing demand for lactic acid ester in order to produce shortening, toppings, and cakes to enhance the aeration property and improve foam stabilization in foodstuffs.

On the other hand, manufacturers are bolstering the production of ethyl lactate, which is being primarily used to develop cosmetics and personal care products. They are unlocking growth opportunities in fragrances, specialty industries, and pharmaceutical preparations with the help of ethyl lactate.

High Quality Standards in Microelectronics Industry Catalyze Demand for Bio-based Solvents

The lactic acid ester market is slated to clock a CAGR of 5.7%, in terms of volume, during the forecast period. However, stakeholders need to adhere to rigorous quality standards. They are experiencing the pressure to curb the use of fossil-based solutions in microelectronics. Corbion N.V. - a Dutch food and biochemicals company headquartered in Amsterdam, the Netherlands, is finding opportunity in this challenge and introducing PURASOLV ELECT, a superior grade ethyle lactate, which is ideal for the microelectronics industry.

Companies in the lactic acid ester market are deploying integrated supply chain with lactic acid facilities to offer excellent security of supply. They are increasing the availability of bio-based solvents for the microelectronics industry.

Ethyl Lactate Emerges Popular as Green Solvent in Personal Care Products

The lactic acid ester market is anticipated to surpass 762.6 kilo tons by the end of 2031. Ethyl lactate and other esters of lactic acid are being extensively used in cosmetics & personal care products. Godavari Biorefineries Ltd. is gaining recognition for building its portfolio in lactic acid esters that are being used to produce cleansing products, moisturizers, and skin care products.

Since ethyl lactate is easily biodegradable, it is gaining popularity as a green solvent in cosmetics and personal care applications. Such trends are contributing to the growth of the lactic acid ester market, since ethyl lactate is becoming a popular choice for the production of hair care, hair dyes, and makeup products.

lactic acid ester market segmentation

Analysts’ Viewpoint

The ongoing COVID-19 crisis is boosting the lactic acid ester market with the help of mergers and acquisitions. The low toxicity of ethyl lactate is being preferred in hair and skin care products that are intended to improve the overall look and feel of the skin. Rigorous quality standards and pressure to curb the use of fossil-based solutions have intensified competition in the microelectronics industry. Manufacturers should overcome this by developing superior grade ethyl lactate solvents that ensure consistency and traceability throughout production in the microelectronics industry. In order to build credibility, manufacturers should present their clean room sample processing and analytics backed by dedicated technical and quality assurance support.

Lactic Acid Ester Market: Overview

  • Lactic acid ester are organic compounds with high solvency and low volatility. These are made of esterification of lactic acid with the help of alcohol. Commonly used lactic acid esters include ethyl lactate, butyl lactate, and methyl lactate.
  • According to Transparency Market Research’s latest research report on the global lactic acid ester market for the actual year of 2020 and the forecast period of 2021 to 2031, rise in usage of lactic acid ester in end-use industries such as food & beverages, electronics, pharmaceutical, agrochemicals, and personal care & cosmetics is a key factor that is expected to boost the global lactic acid ester market during the forecast period
  • In terms of revenue, the global lactic acid ester market is estimated to cross US$ 4.83 Bn by 2031, expanding at a CAGR of 6.3% during the forecast period

Rise in Demand for Food, Beverages: Key Driver of Lactic Acid Ester Market

  • Usage of lactic acid ester in the food & beverages industry has been expanding significantly, especially in developed and developing economies such as the U.S., Germany, China, Russia, Brazil, South Africa, India, and Japan. Expansion of the industry can be ascribed to the rise in consumption of processed foods and increase in government initiatives in growing markets such as India to encourage foreign investment in the food & beverages industry.
  • Rise in urbanization, increase in disposable income of consumers, and growth in preference for diverse culinary styles are also boosting the demand for food additives. This is expected to fuel the food industry during the forecast period.
  • Lactic acid ester is a key ingredient that is used as a flavor enhancer in food and beverages such as juices, confectionary products, and bakery products. It has the ability to emulsify and enhance flavor by providing various taste and odor to food and beverages; and acts as a preservative. Therefore, it is commonly used in shortening for cakes, desserts, and foaming for cream by itself or in combination with monoglyceride. The U.S. Food and Drug Administration (FDA) has classified lactic acid ester as a food ingredient that is generally recognized as safe. This is fueling the demand for lactic acid ester in the food & beverages industry.

Growth of Pharmaceutical, Personal Care Industries

  • Demand for pharmaceutical and personal care products has been increasing significantly across the globe since the past few years. Rise in population is expected to boost the usage of personal care products globally in the near future. Furthermore, improvement in lifestyle coupled with high disposable income is anticipated to fuel the demand for personal care products across the globe.
  • The global cosmetics & personal care products industry is expanding at a CAGR of more than 5%, owing to changing lifestyle, increase in disposable income of consumers, and rise in awareness about skin care products. Thus, expansion of the cosmetics & personal care industry is anticipated to augment the lactic acid ester market during the forecast period.
  • The global healthcare industry is expanding at a CAGR of more than 7%, owing to the increase in prevalence of diseases due to the rise in busy and sedentary lifestyle. Thus, expansion of the pharmaceutical industry is anticipated to propel the lactic acid ester market during the forecast period, as these esters are employed in various pharmaceutical applications such as tablet coating, granulation, taste-masking, and inhalation propellants. Additionally, lactic acid ester may improve the solubility of numerous active pharmaceutical ingredients (APIs) during processing. This is projected to augment the global lactic acid ester market during the forecast period.

Butyl Lactate Type Dominates Lactic Acid Ester Market

  • In terms of type, the butyl lactate segment held a major share of the global lactic acid ester market in 2020. The butyl lactate segment is likely to expand at a CAGR of 5.8% during the forecast period.
  • Other highly lucrative segments of the lactic acid ester market include methyl lactate and ethyl lactate

Lactic Acid Ester Market: Competition Landscape

  • Detailed profiles of providers of lactic acid esters have been included in the report to evaluate their financials, key product offerings, recent developments, and strategies
  • Key players operating in the global lactic acid ester market are
    • Stepan
    • Musashino
    • Corbian
    • Merck
    • Henan Jinan Technology
    • Galactic, Shenzhen Esun
    • GODAVARI
    • Zhengzhou Tianrun
    • QINGDAO ABEL

Lactic Acid Ester Market: Key Developments

  • Key providers of lactic acid ester, such as Stepan, Corbian, and Musashino, are focusing on business strategies due to the rise in the demand for lactic acid ester for use in various applications. Prominent developments in the global lactic acid ester market are highlighted below:
    • On July 1 2021, Corbian acquired GranoLife to drive its expansion in the food ingredients market. GranoLife is a key player in functional blends in the bakery & fortification industry in Mexico.
    • In October 2020, Musashino announced that it had increased its production capacity to meet the rising demand for pyruvic acid, sodium pyruvate, and ethyl/methyl pyruvate
  • In the global lactic acid ester market report, we have discussed individual strategies, followed by company profiles of providers of lactic acid ester. The ‘Competition Landscape’ section has been included in the report to provide readers with a dashboard view and company market share analysis of key players operating in the global lactic acid ester market.

Lactic Acid Ester Market – Segmentation

TMR’s research study assesses the global lactic acid ester market in terms of type, application, and region. This report presents extensive market dynamics and trends associated with different segments of the market and how they are influencing growth prospects of the global lactic acid ester market.

Type
  • Ethyl Lactate
  • Methyl Lactate
  • Butyl Lactate
  • Isopropyl Lactate
  • Isobutyl Lactate
  • Others (including Hexyl Lactate and Cetyl Lactate)
Application
  • Food & Beverages
  • Electronics
  • Pharmaceuticals
  • Paints & Inks
  • Agrochemicals
  • Cosmetics & Personal Care
  • Others (including Chemicals)
Region
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Frequently Asked Questions

What is the Lactic Acid Ester Market Size?

Lactic Acid Ester Market is expected to Reach US$ 4.83 Bn By 2031

What is the CAGR for Lactic Acid Ester Market?

Lactic Acid Ester Market is estimated to rise at a CAGR of 6.3% during forecast period

What are the key factors driving the growth of Lactic Acid Ester Market?

Rising usage of lactic acid ester in the food & beverages industry is expected to drive the Lactic Acid Ester Market

Which region is more attractive for vendors in the Lactic Acid Ester Market?

North America is more attractive for vendors in the Lactic Acid Ester Market

Who are the key players in the Lactic Acid Ester Market?

Key players of Lactic Acid Ester Market are Stepan, Musashino, Corbian, Merck, Henan Jinan Technology, Galactic, Shenzhen Esun, GODAVARI, Zhengzhou Tianrun, and QINGDAO ABEL

    1. Executive Summary

        1.1. Lactic Acid Ester Market Snapshot

        1.2. Current Market and Future Potential

    2. Market Overview

        2.1. Market Segmentation

        2.2. Market Definition

        2.3. Market Dynamics

            2.3.1. Drivers

            2.3.2. Restraints

            2.3.3. Opportunities

        2.4. Global Lactic Acid Ester Market Analysis and Forecast, 2020-2031

        2.5. Porter’s Five Forces Analysis

        2.6. Regulatory Landscape

        2.7. Value Chain Analysis

            2.7.1. List of Suppliers/Manufacturers

            2.7.2. List of Potential Customers

    3. Production Output Analysis

    4. COVID-19 Impact Analysis

    5. Price Trend Analysis

    6. Global Lactic Acid Ester Market Analysis and Forecast, by Type, 2020–2031

        6.1. Introduction and Definitions

        6.2. Global Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

            6.2.1. Ethyl Lactate

            6.2.2. Methyl Lactate

            6.2.3. Butyl Lactate

            6.2.4. Isopropyl Lactate

            6.2.5. Isobutyl Lactate

            6.2.6. Others (including Hexyl Lactate and Cetyl Lactate)

        6.3. Global Lactic Acid Ester Market Attractiveness, by Type

    7. Global Lactic Acid Ester Market Analysis and Forecast, by Application, 2020–2031

        7.1. Introduction and Definitions

        7.2. Global Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

            7.2.1. Food & Beverages

            7.2.2. Electronics

            7.2.3. Pharmaceuticals

            7.2.4. Paints & Inks

            7.2.5. Agrochemicals

            7.2.6. Cosmetics & Personal Care

            7.2.7. Others (including Chemicals)

        7.3. Global Lactic Acid Ester Market Attractiveness, by Application

    8. Global Lactic Acid Ester Market Analysis and Forecast, by Region, 2020–2031

        8.1. Key Findings

        8.2. Global Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Region, 2020–2031

            8.2.1. North America

            8.2.2. Europe

            8.2.3. Asia Pacific

            8.2.4. Latin America

            8.2.5. Middle East & Africa

        8.3. Global Lactic Acid Ester Market Attractiveness, by Region

    9. North America Lactic Acid Ester Market Analysis and Forecast, 2020–2031

        9.1. Key Findings

        9.2. North America Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

        9.3. North America Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

        9.4. North America Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country, 2021–2031

            9.4.1. U.S. Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

            9.4.2. U.S. Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

            9.4.3. Canada Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

            9.4.4. Canada Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

        9.5. North America Lactic Acid Ester Market Attractiveness Analysis

    10. Europe Lactic Acid Ester Market Analysis and Forecast, 2020–2031

        10.1. Key Findings

        10.2. Europe Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

        10.3. Europe Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

        10.4. Europe Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2020–2031

            10.4.1. Germany Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

            10.4.2. Germany Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

            10.4.3. France Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

            10.4.4. France Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

            10.4.5. U.K. Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

            10.4.6. U.K. Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

            10.4.7. Italy Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

            10.4.8. Italy Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

            10.4.9. Spain Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

            10.4.10. Spain Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

            10.4.11. Russia & CIS Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

            10.4.12. Russia & CIS Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

            10.4.13. Rest of Europe Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

            10.4.14. Rest of Europe Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

        10.5. Europe Lactic Acid Ester Market Attractiveness Analysis

    11. Asia Pacific Lactic Acid Ester Market Analysis and Forecast, 2020–2031

        11.1. Key Findings

        11.2. Asia Pacific Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

        11.3. Asia Pacific Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

        11.4. Asia Pacific Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2020–2031

            11.4.1. China Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

            11.4.2. China Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

            11.4.3. Japan Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

            11.4.4. Japan Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

            11.4.5. India Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

            11.4.6. India Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

            11.4.7. ASEAN Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

            11.4.8. ASEAN Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

            11.4.9. Rest of Asia Pacific Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

            11.4.10. Rest of Asia Pacific Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

        11.5. Asia Pacific Lactic Acid Ester Market Attractiveness Analysis

    12. Latin America Lactic Acid Ester Market Analysis and Forecast, 2020–2031

        12.1. Key Findings

        12.2. Latin America Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

        12.3. Latin America Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

        12.4. Latin America Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2020–2031

            12.4.1. Brazil Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

            12.4.2. Brazil Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

            12.4.3. Mexico Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

            12.4.4. Mexico Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

            12.4.5. Rest of Latin America Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

            12.4.6. Rest of Latin America Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

        12.5. Latin America Lactic Acid Ester Market Attractiveness Analysis

    13. Middle East & Africa Lactic Acid Ester Market Analysis and Forecast, 2020–2031

        13.1. Key Findings

        13.2. Middle East & Africa Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

        13.3. Middle East & Africa Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

        13.4. Middle East & Africa Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2020–2031

            13.4.1. GCC Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

            13.4.2. GCC Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

            13.4.3. South Africa Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

            13.4.4. South Africa Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

            13.4.5. Rest of Middle East & Africa Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031

            13.4.6. Rest of Middle East & Africa Lactic Acid Ester Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031

        13.5. Middle East & Africa Lactic Acid Ester Market Attractiveness Analysis

    14. Competition Landscape

        14.1. Global Lactic Acid Ester Company Market Share Analysis, 2020

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

            14.2.1. Stepan

                14.2.1.1. Company Description

                14.2.1.2. Business Overview

            14.2.2. Musashino

                14.2.2.1. Company Description

                14.2.2.2. Business Overview

            14.2.3. Merck

                14.2.3.1. Company Description

                14.2.3.2. Business Overview

            14.2.4. Henan Jinan Technology

                14.2.4.1. Company Description

                14.2.4.2. Business Overview

            14.2.5. Galactic

                14.2.5.1. Company Description

                14.2.5.2. Business Overview

            14.2.6. Shenzhen Esun

                14.2.6.1. Company Description

                14.2.6.2. Business Overview

            14.2.7. GODAVARI

                14.2.7.1. Company Description

                14.2.7.2. Business Overview

            14.2.8. Zhengzhou Tianrun

                14.2.8.1. Company Description

                14.2.8.2. Business Overview

            14.2.9. QINGDAO ABEL

                14.2.9.1. Company Description

                14.2.9.2. Business Overview

    15. Primary Research: Key Insights

    16. Appendix

    List of Tables

    Table 1: Global Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 2: Global Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 3: Global Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 4: Global Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 5: Global Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Region, 2020–2031

    Table 6: Global Lactic Acid Ester Market Value (US$ Mn) Forecast, by Region, 2020–2031

    Table 7: North America Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 8: North America Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 9: North America Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 10: North America Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 11: North America Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Country, 2020–2031

    Table 12: North America Lactic Acid Ester Market Value (US$ Mn) Forecast, by Country, 2020–2031

    Table 13: U.S. Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 14: U.S. Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 15: U.S. Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 16: U.S. Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 17: Canada Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 18: Canada Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 19: Canada Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 20: Canada Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 21: Europe Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 22: Europe Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 23: Europe Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 24: Europe Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 25: Europe Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Country and Sub-region, 2020–2031

    Table 26: Europe Lactic Acid Ester Market Value (US$ Mn) Forecast, by Country and Sub-region, 2020–2031

    Table 27: Germany Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 28: Germany Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 29: Germany Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 30: Germany Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 31: U.K. Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 32: U.K. Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 33: U.K. Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 34: U.K. Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 35: France Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 36: France Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 37: France Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 38: France Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 39: Italy Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 40: Italy Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 41: Italy Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 42: Italy Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 43: Spain Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 44: Spain Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 45: Spain Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 46: Spain Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 47: Russia & CIS Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 48: Russia & CIS Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 49: Russia & CIS Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 50: Russia & CIS Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 51: Rest of Europe Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 52: Rest of Europe Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 53: Rest of Europe Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 54: Rest of Europe Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 55: Asia Pacific Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 56: Asia Pacific Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 57: Asia Pacific Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 58: Asia Pacific Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 59: Asia Pacific Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Country and Sub-region, 2020–2031

    Table 60: Asia Pacific Lactic Acid Ester Market Value (US$ Mn) Forecast, by Country and Sub-region, 2020–2031

    Table 61: China Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 62: China Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 63: China Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 64: China Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 65: Japan Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 66: Japan Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 67: Japan Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 68: Japan Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 69: India Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 70: India Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 71: India Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 72: India Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 73: ASEAN Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 74: ASEAN Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 75: ASEAN Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 76: ASEAN Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 77: Rest of Asia Pacific Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 78: Rest of Asia Pacific Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 79: Rest of Asia Pacific Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 80: Rest of Asia Pacific Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 81: Latin America Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 82: Latin America Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 83: Latin America Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 84: Latin America Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 85: Latin America Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Country and Sub-region, 2020–2031

    Table 86: Latin America Lactic Acid Ester Market Value (US$ Mn) Forecast, by Country and Sub-region, 2020–2031

    Table 87: Brazil Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 88: Brazil Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 89: Brazil Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 90: Brazil Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 91: Mexico Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 92: Mexico Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 93: Mexico Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 94: Mexico Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 95: Rest of Latin America Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 96: Rest of Latin America Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 97: Rest of Latin America Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 98: Rest of Latin America Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 99: Middle East & Africa Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 100: Middle East & Africa Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 101: Middle East & Africa Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 102: Middle East & Africa Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 103: Middle East & Africa Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Country and Sub-region, 2020–2031

    Table 104: Middle East & Africa Lactic Acid Ester Market Value (US$ Mn) Forecast, by Country and Sub-region, 2020–2031

    Table 105: GCC Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 106: GCC Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 107: GCC Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 108: GCC Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 109: South Africa Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 110: South Africa Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 111: South Africa Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 112: South Africa Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    Table 113: Rest of Middle East & Africa Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Type, 2020–2031

    Table 114: Rest of Middle East & Africa Lactic Acid Ester Market Value (US$ Mn) Forecast, by Type, 2020–2031

    Table 115: Rest of Middle East & Africa Lactic Acid Ester Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 116: Rest of Middle East & Africa Lactic Acid Ester Market Value (US$ Mn) Forecast, by Application, 2020–2031

    List of Figures

    Figure 1: Global Lactic Acid Ester Market Analysis, by Type, 2020, 2025, and 2031

    Figure 2: Global Lactic Acid Ester Market Attractiveness, by Type

    Figure 3: Global Lactic Acid Ester Market Share Analysis, by Application, 2020, 2025, and 2031

    Figure 4: Global Lactic Acid Ester Market Attractiveness, by Application

    Figure 5: Global Lactic Acid Ester Market Share Analysis, by Region, 2020, 2025, and 2031

    Figure 6: Global Lactic Acid Ester Market Attractiveness, by Region

    Figure 7: North America Lactic Acid Ester Market Share Analysis, by Type, 2020, 2025, and 2031

    Figure 8: North America Lactic Acid Ester Market Attractiveness, by Type

    Figure 9: North America Lactic Acid Ester Market Share Analysis, by Application, 2020, 2025, and 2031

    Figure 10: North America Lactic Acid Ester Market Attractiveness, by Application

    Figure 11: North America Lactic Acid Ester Market Share Analysis, by Country, 2020, 2025, and 2031

    Figure 12: North America Lactic Acid Ester Market Attractiveness, by Country

    Figure 13: Europe Lactic Acid Ester Market Share Analysis, by Type, 2020, 2025, and 2031

    Figure 14: Europe Lactic Acid Ester Market Attractiveness, by Type

    Figure 15: Europe Lactic Acid Ester Market Share Analysis, by Application, 2020, 2025, and 2031

    Figure 16: Europe Lactic Acid Ester Market Attractiveness, by Application

    Figure 17: Europe Lactic Acid Ester Market Share Analysis, by Country and Sub-region, 2020, 2025, and 2031

    Figure 18: Europe Lactic Acid Ester Market Attractiveness, by Country and Sub-region

    Figure 19: Asia Pacific Lactic Acid Ester Market Share Analysis, by Type, 2020, 2025, and 2031

    Figure 20: Asia Pacific Lactic Acid Ester Market Attractiveness, by Type

    Figure 21: Asia Pacific Lactic Acid Ester Market Share Analysis, by Application, 2020, 2025, and 2031

    Figure 22: Asia Pacific Lactic Acid Ester Market Attractiveness, by Application

    Figure 23: Asia Pacific Lactic Acid Ester Market Share Analysis, by Country and Sub-region, 2020, 2025, and 2031

    Figure 24: Asia Pacific Lactic Acid Ester Market Attractiveness, by Country and Sub-region

    Figure 25: Latin America Lactic Acid Ester Market Share Analysis, by Type, 2020, 2025, and 2031

    Figure 26: Latin America Lactic Acid Ester Market Attractiveness, by Type

    Figure 27: Latin America Lactic Acid Ester Market Share Analysis, by Application, 2020, 2025, and 2031

    Figure 28: Latin America Lactic Acid Ester Market Attractiveness, by Application

    Figure 29: Latin America Lactic Acid Ester Market Share Analysis, by Country and Sub-region, 2020, 2025, and 2031

    Figure 30: Latin America Lactic Acid Ester Market Attractiveness, by Country and Sub-region

    Figure 31: Middle East & Africa Lactic Acid Ester Market Share Analysis, by Type, 2020, 2025, and 2031

    Figure 32: Middle East & Africa Lactic Acid Ester Market Attractiveness, by Type

    Figure 33: Middle East & Africa Lactic Acid Ester Market Share Analysis, by Application, 2020, 2025, and 2031

    Figure 34: Middle East & Africa Lactic Acid Ester Market Attractiveness, by Application

    Figure 35: Middle East & Africa Lactic Acid Ester Market Share Analysis, by Country and Sub-region, 2020, 2025, and 2031

    Figure 36: Middle East & Africa Lactic Acid Ester Market Attractiveness, by Country and Sub-region

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Lactic Acid Ester Market

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