Press release
Lactic Acid Ester Market Demand, Trends and Competitive Landscape Forecast 2021-2031
Transparency Market Research delivers key insights on the globalย lactic acid ester market. In terms of revenue, the global lactic acid ester market is estimated to expand at a CAGR ofย 6.3%ย during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global lactic acid ester market.
๐๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:ย https://www.transparencymarketresearch.com/lactic-acid-ester-market.html
The volatility in prices of raw materials is likely to hamper the global lactic acid ester market during the forecast period. The increase in the demand for lactic acid ester in food & beverages and electronics is likely to drive the global lactic acid ester market over the next decade, as lactic acid ester is extensively employed in these industries.
Lactic Acid Ester Market: Dynamics
The demand for lactic acid ester is increasing for the manufacture of food products. The global food processing industry has been continuously developing and expanding. It is a highly demanding industry, as processed food accounts forย 80%ย of the global food sales. Packaged food is a leading segment of the global food processing industry. Lactic acid ester is widely used as flavor enhancer and food emulsifier in processed food. It offers fruity taste in food when esterified by combining it with alcohol.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐:ย https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=60546ย
The global electronics industry has been expanding consistently since the past few years. It plays a major role in the growth of the modern economy. Furthermore, technological advancements, owing to the rise in the demand for new technologies due to the increase in modernization are propelling the electronics industry. The global electronics industry is expanding at a rapid pace due to the rise in population and income. It is a major industry in the world economy. In terms of revenue, the electronics market stood at US$ย 9.77ย Bn inย 2020ย and is projected to exceed US$ย 11ย Bn byย 2025.
Lactic acid ester is extensively employed in the electronics industry due to its high solvency power, good wetting properties, and low evaporation rate. Lactic acid ester is a good precision cleaning solvent used in the electronics industry for diverse applications such as photoresist and LCD cleaning. It is also used for aircraft wipe cleaning and electronic circuit board cleaning. This, in turn, is driving the lactic acid ester market.
Lactic Acid Ester Market: Prominent Regions
North America dominates the global lactic acid ester market. Food & beverages and electronics industries are estimated to expand at a rapid pace betweenย 2021ย andย 2031. This is expected to boost the demand for lactic acid ester in the region.
๐๐๐ญ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ :ย https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=60546ย
The U.S. is anticipated to be a highly attractive country of the lactic acid ester market in North America during the forecast period. The food & beverages sector in the U.S. is witnessing strong growth, owing to the rise in the income of consumers. This is boosting the demand for food additives, thus, driving the lactic acid ester market.
Asia Pacific is likely to be another highly attractive region of the global lactic acid ester market during the forecast period. China held the major share of the lactic acid ester market in Asia Pacific inย 2020. Investments in the electronics sector have increased in China of late. This is driving the demand for lactic acid ester in the electronics sector.
Lactic Acid Ester Market: Key Players
Major players operating in the global lactic acid ester market are Stepan, Musashino, Corbian, Merck, Henan Jinan Technology, Galactic, Shenzhen Esun, GODAVARI, Zhengzhou Tianrun, and QINGDAO ABEL.
Global Lactic Acid Ester Market: Segmentation
Lactic Acid Ester Market, by Type
Ethyl Lactate
Methyl Lactate
Butyl Lactate
Isopropyl Lactate
Isobutyl Lactate
Others (including Hexyl Lactate and Cetyl Lactate)
๐๐ฅ๐ข๐๐ค ๐ ๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ:ย https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=60546ย
Lactic Acid Ester Market, by Application
Food & Beverages
Electronics
Pharmaceuticals
Paints & Inks
Agrochemicals
Cosmetics & Personal Care
Others (including Chemicals)
Trending Reports:
Foundry Chemicals Market: https://www.globenewswire.com/news-release/2022/08/24/2503954/0/en/Foundry-Chemicals-Market-to-Reach-US-3-2-Bn-by-2031-notes-TMR-Study.html
Ammonia Market: https://www.accesswire.com/713321/Ammonia-Market-is-Projected-to-Reach-US-34-Billion-by-2031-Growing-at-a-CAGR-of-2-from-2021-to-2031
Ceramic Tiles Market: https://www.globenewswire.com/news-release/2022/08/25/2504881/0/en/Ceramic-Tiles-Market-to-Rise-at-a-CAGR-of-9-7-during-Forecast-Period-Observes-TMR-Study.html
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, providesย custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
Contact Us
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email:ย sales@transparencymarketresearch.com
Website:ย https://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Lactic Acid Ester Market Demand, Trends and Competitive Landscape Forecast 2021-2031 here
News-ID: 2832673 • Views: โฆ
More Releases from Transparency Market Research
Global SiC Ceramics Market Poised for Robust Growth, Projected to Reach USD 3.1 โฆ
The global silicon carbide (SiC) ceramics market continues to demonstrate strong growth potential, underpinned by accelerating demand from advanced industrial and electronic applications. Valued at US$ 1.8 Billion in 2024, the market is projected to reach US$ 3.1 Billion by 2035, expanding at a compound annual growth rate (CAGR) of 5.2% during the forecast period from 2025 to 2035. This steady expansion reflects the increasing importance of SiC ceramics asโฆ
Furfuryl Alcohol Market to Reach USD 1.34 Billion by 2035, Supported by Rising D โฆ
The global Furfuryl Alcohol Market was valued at US$ 624.3 million in 2024 and is projected to reach US$ 1,341.2 million by 2035, expanding at a compound annual growth rate (CAGR) of 7.2% from 2025 to 2035.
This growth is primarily driven by the rising demand for bio-based and sustainable chemicals, along with the steady expansion of the foundry and metal casting industry, particularly across emerging economies in Asia Pacific.
Gain aโฆ
Air-Entraining Agents Market Outlook 2035: Forecast to Reach US$ 2.48 Billion by โฆ
The global Air-Entraining Agents (AEAs) Market was valued at US$ 1.70 billion in 2024 and is projected to reach US$ 2.48 billion by 2035, expanding at a compound annual growth rate (CAGR) of 3.5% from 2025 to 2035. This steady growth trajectory reflects the essential role AEAs play in modern concrete formulations, particularly in infrastructure projects that demand long-term durability, freeze-thaw resistance, and improved workability.
Despite being a mature segment withinโฆ
A2P SMS Market Outlook 2035: Expanding from US$ 71.2 Bn in 2024 to US$ 117.0 Bn โฆ
The global Application-to-Person (A2P) SMS market is entering a phase of steady and resilient expansion, driven by the growing need for secure, reliable, and real-time communication between enterprises and consumers. Valued at US$ 71.2 Bn in 2024, the market is projected to reach US$ 117.0 Bn by 2035, expanding at a CAGR of 4.2% from 2025 to 2035. Despite the rise of internet-based messaging platforms, A2P SMS continues to maintainโฆ
More Releases for Lactic
Lactic and Poly Lactic Acid Market Sustainability Driving Innovations
"According to the research report, the global lactic and poly lactic acid market is valued at USD 3.51 billion in 2022 and is expected to reach USD 7.94 billion by 2032, to grow at a CAGR of 9.7% during the forecast period."
Global Lactic And Poly Lactic Acid Market is currently valued at and is anticipated to generate an estimated revenue of according to the latest study by Polaris Market Research.โฆ
Explore the Latest Innovations in Lactic Acid & Poly Lactic Acid Market Size!!
"The Lactic Acid & Poly Lactic Acid market study formulated by Up Market Research, presents a detailed analysis of the influential trends prevailing in this business sphere. This research report also offers definitive information concerning the commercialization of this vertical, market size, and revenue estimation of this industry. The study explicitly illustrates the competitive standing of key players over the projected timeline while incorporating their individual portfolios & geographicalโฆ
Lactic Acids
https://www.qandqmarketresearch.com/reports/7744730
Lactic acid has a systematic name that is 2hydroxypropionic acid, which is widely existed in nature. Lactic acid is formed when glucose is broken down for energy in the absence of sufficient oxygen.
The United States is the worlds largest consumer market. Its consumptions account for about 30% of the world.China became the worlds second consumer market after 2011, and its accounting for about 25% of the world.
With the continuousโฆ
Lactic Acid Poly Lactic Acid Market to Exhibit Impressive Growth During 2020
Lactic acid (2-hydroxy propanoic acid) is a colorless or some time yellowish, odorless and hygroscopic, sugary and thick chemical liquid. It is generally soluble with other liquids such as water and ethanol. It is found in abundance in nature. It is the most important acid ingredient of acerbic milk and a typical component of animalsโ blood and muscle tissue.
Lactic acid are widely used in refined dairy products, preservative, flavoring,โฆ
Lactic Acid Poly Lactic Acid Market- Global Industry Analysis by 2020
Lactic acid (2-hydroxy propanoic acid) is a colorless or some time yellowish, odorless and hygroscopic, sugary and thick chemical liquid. It is generally soluble with other liquids such as water and ethanol. It is found in abundance in nature. It is the most important acid ingredient of acerbic milk and a typical component of animalsโ blood and muscle tissue.
Lactic acid are widely used in refined dairy products, preservative, flavoring,โฆ
Lactic Acid Poly Lactic Acid Market to Rear Excessive Growth by 2020
Lactic acid (2-hydroxy propanoic acid) is a colorless or some time yellowish, odorless and hygroscopic, sugary and thick chemical liquid. It is generally soluble with other liquids such as water and ethanol. It is found in abundance in nature. It is the most important acid ingredient of acerbic milk and a typical component of animalsโ blood and muscle tissue.
To access full report @ http://www.persistencemarketresearch.com/market-research/lactic-acid-poly-lactic-acid-market.asp
Lactic acid are widely used in refinedโฆ
