Press release
Global Ethyl Lactate Market Insights - Industry Share, Sales Projections, and Demand Outlook 2024-2030-Sony,Nichia,Sharp
Market players, stakeholders, and other interested parties are the best receivers of trusted insights and strategic advice that the report provides to help them achieve their mission-critical priorities when operating in the global Ethyl Lactate market. The experienced research analysts who have authored the report offer useful guidance to capitalize on market opportunities that matter the most. The guidelines offered in the report also help to find effective solutions to certain business issues related to the global Ethyl Lactate market. With strong data and metrics, verified peer-driven research, and forward-thinking insights, the analysis provided in the report helps to make the right business decisions.
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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
The global Ethyl Lactate market was valued at US$ 137 million in 2023 and is anticipated to reach US$ 187 million by 2030, witnessing a CAGR of 5.3% during the forecast period 2024-2030.
The Global key players of Ethyl Lactate include Corbion, Galactic, Musashino Chemical Labora, etc. The top three players hold a share about 65%. Asia-Pacific is the largest market, and has a share about 42%. In terms of product type, Industrial Grade is the largest segment, which occupied for a share of about 82%. For application, Food & Beverage is the largest segment, which has a share about 42%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Ethyl Lactate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ethyl Lactate.
The Ethyl Lactate market size, estimations, and forecasts are provided in terms of sales quantity (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Ethyl Lactate market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Ethyl Lactate manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Corbion
Galactic
Musashino Chemical Laboratory
Vertec BioSolvents
Godavari
Yancheng Huade Biological Engineering
Yancheng Hongtai Bioengineering
Henan Kangyuan Flavor
Weishi County Flavor Factory
Dancheng County Yuanda Industry & Commerce
Shenzhen Esun Industrial
Henan Jindan
Segment by Type
Industrial Grade
Electronic Grade
Segment by Application
Food & Beverage
Pharmaceuticals and Pesticides
Paints and Coatings
Industrial Solvents
Other
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Ethyl Lactate manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Sales, revenue of Ethyl Lactate in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Product Name - Ethyl Acetate
HS Code - 29153100
Molecular Weight - 88.11g/mol
Chemical Formula - CH3COOC2H5
Synonyms - 141-78-6, Ethyl Ethanoate, Acetic Acid Ethyl Ester, Acetoxyethane, Acetic Ester
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability - Yes
Customization Scope - Our services can be customized as per the requirements of the customer
Post-Sale Analyst Support - 360-degree analyst support after service delivery
Region/Countries for which Data is available
Asia Pacific: China, India, Indonesia, Pakistan,…
