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Potassium Lactate Market Size, Industry Analysis Report, Regional Outlook
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Potassium lactate is consumed in a considerable quantity in fire extinguishers as it has properties of extinguishing agent. It is an odorless and colorless liquid formulated by lactic acid neutralization with potassium compound. It is recognized as a pure green food preservative and has benefits for human body. Concentration level of the compound is 60% and is thus directly used for curing pickle. Infrastructural development owing to flourishing residential and commercial projects is likely to boost the usage of fire extinguishers for their safety.
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The compound possesses high buffering capacity and moisturizing properties owing to which it is used in variety of personal care products including soap, skin care, oral care, hair care and other bath products. Further, it has application in bakery, sauces, meat & poultry products as a flavoring & seasoning agent, emulsifier, and preservative. It is widely employed in poultry and meat products to increase shelf life and food safety.
However, potassium lactate is not advisable for the usage in infant formulas and their food. Usage amount of the compound is regulated by certain standards such as standard E-36. This can pose hurdle to new entrants and thus hamper potassium lactate market in near future.
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Based on the properties, the market is segmented as food preservative, extinguishing agent, antioxidant, humectant, emulsifier, moisturizing agent, and seasoning agent. The compound is used in the end-user industries such as cosmetics, food & beverages, health care, and fire protection.
Reasons to Buy This Report:
1. Potassium Lactate Mixture Market size & share forecast by product & application 2017-2024
2. Growth drivers, pitfalls & industry challenges
3. Potassium Lactate Mixture Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles
Europe is known for its rapid growth in industrializations that has propelled infrastructure and developed the need for fire safety. Additionally, government legislations have mandated the deployment of fire extinguishers in certain public places. Middle East & Africa population relies mainly on meat & poultry products as there is shortage of green and fresh vegetables due to less cultivable land in gulf countries. The Potassium Lactate Mixture Market
Report Consists of:
1. Methodology and Scope
2. Executive Summary
3. Potassium Lactate Mixture Industry Insights
4. Industry segmentation
5. Industry size, forecast and growth expectations, 2017 - 2024
6. Industry ecosystem analysis Raw material insights
7. Technology insights
8. Regulatory framework
9. Industry dynamics
10. Key growth opportunities
11. Porter's analysis
12. Company market share, 2017
13. PESTEL analysis
14. Regional price trends
15. Potassium Lactate Mixture Product Insights
16. Potassium Lactate Mixture Application Insights
17.Potassium Lactate Mixture Regional Insights
18. Competitor Profiles
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Key industry players in the market include Chongqing Bofei Biochemical products, Jungbunzlauer, Lab M, Henan Jindan Lacitc Acid Technology, American Elements, Qingdao Baotai Refining Chemical, and FBC Industries.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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