Global “Ethyl Lactate” Market Report gives complete framework data on market definition, research methodology, current scenario, dynamics, major conclusions, market Segmentation by technology, product types, application and geography. Ethyl Lactate market report also covers a study on the competitive landscape which describes mergers and acquisition. And also provides analysis on agreements, collaborations, and partnerships between leading key players in Ethyl Lactate market growth.
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- Ethyl lactate, also known as lactic acid ethyl ester, is a monobasic ester formed from lactic acid and ethanol, commonly used as a solvent. This compound is considered biodegradable
- Because of gradual economy recovery, downstream application of ethyl lactate is broadening such as food industry, Pharmaceutical industry, electronics industry, paint industry. In 2017, 50.13% ethyl lactate was used in Industrial Application industry and 26.14% was used in Food & Beverage.
- With China research and development of ethyl lactate process, some China ethyl lactate production technology has been mature gradually with the technical indicators close to the imported ethyl lactate.
- Asia-Pacific and North America is the main product and consume market. Asia-Pacific consumption 12620 MT ethyl lactate in 2017, while North America consumption is 7116 MT accounting for 25.36 percent of the global consumption. Corbion and Galactic is the world leaders for the time being, Taking 17.18% and 13.24% of the global ethyl lactate production respectively. Many companies are dedicated to providing high performance products with their advanced technology for customers.
- Over the next five years, projects that Ethyl Lactate will register a 2.6% CAGR in terms of revenue, reach USD 95 million by 2023, from USD 81 million in 2017.
Ethyl Lactate Market report focuses on global major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information.
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Major key players are given in the report are:
- Godavari Biorefineries
- Musashino Chemical Laboratory
- Vertec BioSolvents
- Yancheng Hongtai Bioengineering
In this Ethyl Lactate market forecast Report development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states import/export, supply and consumption figures as well as cost, price, revenue and gross margin by regions and other regions can be added as follows: - Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, GCC Countries.
According to this research, over the next 5 years the Ethyl Lactate market size will record a highest CAGR in terms of revenue till 2023. In particular, this report presents the global Ethyl Lactate market share (sales and revenue) of key companies in Ethyl Lactate business.
Ethyl Lactate Market Segmentation Analysis:
Segmentation by product type:
- Food Grade
- Pharmaceutical Grade
- Industrial Grade
- Electronic Grade
Segmentation by application:
- Food & Beverage
- Industrial Application
Key Reasons to Purchase this Ethyl Lactate Report:
- To know how the increasing growth rate of Ethyl Lactate is expected affect market scenario
- Ethyl Lactate report analyses various perspectives of the market with the help of Porter’s five forces analysis
- Product Type and end user that are expected to dominate the market
- Global Regions that are estimated to witness the fastest growth during the forecast period
- Report Identifies the latest developments, market shares, and strategies employed by the major market players.
Ethyl Lactate Research objectives:
To study and analyse the global Ethyl Lactate consumption (value and volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2023.
To understand the structure of Ethyl Lactate market by identifying its various sub segments.
Focuses on the key global Ethyl Lactate manufacturers, to define, describe and analyse the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyse the Ethyl Lactate market trends with respect to individual growth, future prospects, and their contribution to the industry.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Ethyl Lactate submarkets, with respect to key regions (along with their respective key countries).
To analyse competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyse their growth strategies.
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Table of Contents
2018-2023 Global Ethyl Lactate Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Ethyl Lactate Consumption 2013-2023
2.1.2 Ethyl Lactate Consumption CAGR by Region
2.2 Ethyl Lactate Segment by Type
2.2.1 Food Grade
2.2.2 Pharmaceutical Grade
2.2.3 Industrial Grade
2.2.4 Electronic Grade
2.3 Ethyl Lactate Consumption by Type
2.3.1 Global Ethyl Lactate Consumption Market Share by Type (2013-2018)
2.3.2 Global Ethyl Lactate Revenue and Market Share by Type (2013-2018)
2.3.3 Global Ethyl Lactate Sale Price by Type (2013-2018)
2.4 Ethyl Lactate Segment by Application
2.4.1 Food & Beverage
2.4.2 Industrial Application
2.5 Ethyl Lactate Consumption by Application
2.5.1 Global Ethyl Lactate Consumption Market Share by Application (2013-2018)
2.5.2 Global Ethyl Lactate Value and Market Share by Application (2013-2018)
2.5.3 Global Ethyl Lactate Sale Price by Application (2013-2018)
3 Global Ethyl Lactate by Players
3.1 Global Ethyl Lactate Sales Market Share by Players
3.1.1 Global Ethyl Lactate Sales by Players (2016-2018)
3.1.2 Global Ethyl Lactate Sales Market Share by Players (2016-2018)
3.2 Global Ethyl Lactate Revenue Market Share by Players
3.2.1 Global Ethyl Lactate Revenue by Players (2016-2018)
3.2.2 Global Ethyl Lactate Revenue Market Share by Players (2016-2018)
3.3 Global Ethyl Lactate Sale Price by Players
3.4 Global Ethyl Lactate Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Ethyl Lactate Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Ethyl Lactate Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2016-2018)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Ethyl Lactate by Regions
4.1 Ethyl Lactate by Regions
4.1.1 Global Ethyl Lactate Consumption by Regions
4.1.2 Global Ethyl Lactate Value by Regions
4.2 Americas Ethyl Lactate Consumption Growth
4.3 APAC Ethyl Lactate Consumption Growth
4.4 Europe Ethyl Lactate Consumption Growth
4.5 Middle East & Africa Ethyl Lactate Consumption Growth
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