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Global Ethyl Lactate Market Analysis and Forecast 2024-2030

April 2024 | 130 pages | ID: G5962EDFBB32EN
APO Research

US$ 4,950.00

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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

According to APO Research, The global Ethyl Lactate market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

Global Ethyl Lactate key players include Corbion, Galactic, Musashino Chemical Laboratory, Yancheng Hongtai Bioengineering, etc. Global top four manufacturers hold a share over 50%.

North America is the largest market, with a share about 35%, followed by Europe and China, both have a share about 50 percent.

In terms of product, Industrial Grade is the largest segment, with a share about 40%. And in terms of application, the largest application is Industrial Application, followed by Food & Beverage, Pharmaceutical, Microelectronics, etc.

In terms of production side, this report researches the Ethyl Lactate production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of Ethyl Lactate by region (region level and country level), by Company, by Type and by Application. from 2019 to 2024 and forecast to 2030.

This report presents an overview of global market for Ethyl Lactate, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Ethyl Lactate, also provides the consumption of main regions and countries. Of the upcoming market potential for Ethyl Lactate, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Ethyl Lactate sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Ethyl Lactate market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Ethyl Lactate sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Corbion, Galactic, Godavari Biorefineries, Musashino Chemical Laboratory, Vertec BioSolvents, Yancheng Hongtai Bioengineering, Huade Biological Engineering, Henan Kangyuan and Shenzhen Esun Industrial, etc.

Ethyl Lactate segment by Company
  • Corbion
  • Galactic
  • Godavari Biorefineries
  • Musashino Chemical Laboratory
  • Vertec BioSolvents
  • Yancheng Hongtai Bioengineering
  • Huade Biological Engineering
  • Henan Kangyuan
  • Shenzhen Esun Industrial
  • Haijianuo Bioengineer
  • Jindan Lactic Acid
Ethyl Lactate segment by Type
  • Food Grade
  • Pharmaceutical Grade
  • Industrial Grade
  • Electronic Grade
Ethyl Lactate segment by Application
  • Food & Beverage
  • Industrial Application
  • Pharmaceutical
  • Microelectronics
  • Other
Ethyl Lactate segment 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
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.

2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.

3. To split the breakdown data by regions, type, manufacturers, and Application.

4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.

5. To identify significant trends, drivers, influence factors in global and regions.

6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Ethyl Lactate market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Ethyl Lactate and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Ethyl Lactate.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by 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: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Ethyl Lactate production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.

Chapter 4: Sales (consumption), revenue of Ethyl Lactate in global, 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 of each country in the world.

Chapter 5: Detailed analysis of Ethyl Lactate manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Ethyl Lactate sales, revenue, price, gross margin, and recent development, etc.

Chapter 9: North America (US & Canada) by type, by application and by country, sales, and revenue for each segment.

Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.

Chapter 11: China by type, by application, sales, and revenue for each segment.

Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.

Chapter 13: Middle East, Africa, Latin America by type, by application and by country, sales, and revenue for each segment.

Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.

Chapter 15: The main concluding insights of the report.

Chapter 15: The main concluding insights of the report.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Ethyl Lactate Market by Type
  1.2.1 Global Ethyl Lactate Market Size by Type, 2019 VS 2023 VS 2030
  1.2.2 Food Grade
  1.2.3 Pharmaceutical Grade
  1.2.4 Industrial Grade
  1.2.5 Electronic Grade
1.3 Ethyl Lactate Market by Application
  1.3.1 Global Ethyl Lactate Market Size by Application, 2019 VS 2023 VS 2030
  1.3.2 Food & Beverage
  1.3.3 Industrial Application
  1.3.4 Pharmaceutical
  1.3.5 Microelectronics
  1.3.6 Other
1.4 Assumptions and Limitations
1.5 Study Goals and Objectives

2 ETHYL LACTATE MARKET DYNAMICS

2.1 Ethyl Lactate Industry Trends
2.2 Ethyl Lactate Industry Drivers
2.3 Ethyl Lactate Industry Opportunities and Challenges
2.4 Ethyl Lactate Industry Restraints

3 GLOBAL ETHYL LACTATE PRODUCTION OVERVIEW

3.1 Global Ethyl Lactate Production Capacity (2019-2030)
3.2 Global Ethyl Lactate Production by Region: 2019 VS 2023 VS 2030
3.3 Global Ethyl Lactate Production by Region
  3.3.1 Global Ethyl Lactate Production by Region (2019-2024)
  3.3.2 Global Ethyl Lactate Production by Region (2025-2030)
  3.3.3 Global Ethyl Lactate Production Market Share by Region (2019-2030)
3.4 North America
3.5 Europe
3.6 China
3.7 Japan

4 GLOBAL MARKET GROWTH PROSPECTS

4.1 Global Ethyl Lactate Revenue Estimates and Forecasts (2019-2030)
4.2 Global Ethyl Lactate Revenue by Region
  4.2.1 Global Ethyl Lactate Revenue by Region: 2019 VS 2023 VS 2030
  4.2.2 Global Ethyl Lactate Revenue by Region (2019-2024)
  4.2.3 Global Ethyl Lactate Revenue by Region (2025-2030)
  4.2.4 Global Ethyl Lactate Revenue Market Share by Region (2019-2030)
4.3 Global Ethyl Lactate Sales Estimates and Forecasts 2019-2030
4.4 Global Ethyl Lactate Sales by Region
  4.4.1 Global Ethyl Lactate Sales by Region: 2019 VS 2023 VS 2030
  4.4.2 Global Ethyl Lactate Sales by Region (2019-2024)
  4.4.3 Global Ethyl Lactate Sales by Region (2025-2030)
  4.4.4 Global Ethyl Lactate Sales Market Share by Region (2019-2030)
4.5 US & Canada
4.6 Europe
4.7 China
4.8 Asia (Excluding China)
4.9 Middle East, Africa and Latin America

5 MARKET COMPETITIVE LANDSCAPE BY MANUFACTURERS

5.1 Global Ethyl Lactate Revenue by Manufacturers
  5.1.1 Global Ethyl Lactate Revenue by Manufacturers (2019-2024)
  5.1.2 Global Ethyl Lactate Revenue Market Share by Manufacturers (2019-2024)
  5.1.3 Global Ethyl Lactate Manufacturers Revenue Share Top 10 and Top 5 in 2023
5.2 Global Ethyl Lactate Sales by Manufacturers
  5.2.1 Global Ethyl Lactate Sales by Manufacturers (2019-2024)
  5.2.2 Global Ethyl Lactate Sales Market Share by Manufacturers (2019-2024)
  5.2.3 Global Ethyl Lactate Manufacturers Sales Share Top 10 and Top 5 in 2023
5.3 Global Ethyl Lactate Sales Price by Manufacturers (2019-2024)
5.4 Global Ethyl Lactate Key Manufacturers Ranking, 2022 VS 2023 VS 2024
5.5 Global Ethyl Lactate Key Manufacturers Manufacturing Sites & Headquarters
5.6 Global Ethyl Lactate Manufacturers, Product Type & Application
5.7 Global Ethyl Lactate Manufacturers Commercialization Time
5.8 Market Competitive Analysis
  5.8.1 Global Ethyl Lactate Market CR5 and HHI
  5.8.2 2023 Ethyl Lactate Tier 1, Tier 2, and Tier

6 ETHYL LACTATE MARKET BY TYPE

6.1 Global Ethyl Lactate Revenue by Type
  6.1.1 Global Ethyl Lactate Revenue by Type (2019 VS 2023 VS 2030)
  6.1.2 Global Ethyl Lactate Revenue by Type (2019-2030) & (US$ Million)
  6.1.3 Global Ethyl Lactate Revenue Market Share by Type (2019-2030)
6.2 Global Ethyl Lactate Sales by Type
  6.2.1 Global Ethyl Lactate Sales by Type (2019 VS 2023 VS 2030)
  6.2.2 Global Ethyl Lactate Sales by Type (2019-2030) & (MT)
  6.2.3 Global Ethyl Lactate Sales Market Share by Type (2019-2030)
6.3 Global Ethyl Lactate Price by Type

7 ETHYL LACTATE MARKET BY APPLICATION

7.1 Global Ethyl Lactate Revenue by Application
  7.1.1 Global Ethyl Lactate Revenue by Application (2019 VS 2023 VS 2030)
  7.1.2 Global Ethyl Lactate Revenue by Application (2019-2030) & (US$ Million)
  7.1.3 Global Ethyl Lactate Revenue Market Share by Application (2019-2030)
7.2 Global Ethyl Lactate Sales by Application
  7.2.1 Global Ethyl Lactate Sales by Application (2019 VS 2023 VS 2030)
  7.2.2 Global Ethyl Lactate Sales by Application (2019-2030) & (MT)
  7.2.3 Global Ethyl Lactate Sales Market Share by Application (2019-2030)
7.3 Global Ethyl Lactate Price by Application

8 COMPANY PROFILES

8.1 Corbion
  8.1.1 Corbion Comapny Information
  8.1.2 Corbion Business Overview
  8.1.3 Corbion Ethyl Lactate Sales, Revenue, Price and Gross Margin (2019-2024)
  8.1.4 Corbion Ethyl Lactate Product Portfolio
  8.1.5 Corbion Recent Developments
8.2 Galactic
  8.2.1 Galactic Comapny Information
  8.2.2 Galactic Business Overview
  8.2.3 Galactic Ethyl Lactate Sales, Revenue, Price and Gross Margin (2019-2024)
  8.2.4 Galactic Ethyl Lactate Product Portfolio
  8.2.5 Galactic Recent Developments
8.3 Godavari Biorefineries
  8.3.1 Godavari Biorefineries Comapny Information
  8.3.2 Godavari Biorefineries Business Overview
  8.3.3 Godavari Biorefineries Ethyl Lactate Sales, Revenue, Price and Gross Margin (2019-2024)
  8.3.4 Godavari Biorefineries Ethyl Lactate Product Portfolio
  8.3.5 Godavari Biorefineries Recent Developments
8.4 Musashino Chemical Laboratory
  8.4.1 Musashino Chemical Laboratory Comapny Information
  8.4.2 Musashino Chemical Laboratory Business Overview
  8.4.3 Musashino Chemical Laboratory Ethyl Lactate Sales, Revenue, Price and Gross Margin (2019-2024)
  8.4.4 Musashino Chemical Laboratory Ethyl Lactate Product Portfolio
  8.4.5 Musashino Chemical Laboratory Recent Developments
8.5 Vertec BioSolvents
  8.5.1 Vertec BioSolvents Comapny Information
  8.5.2 Vertec BioSolvents Business Overview
  8.5.3 Vertec BioSolvents Ethyl Lactate Sales, Revenue, Price and Gross Margin (2019-2024)
  8.5.4 Vertec BioSolvents Ethyl Lactate Product Portfolio
  8.5.5 Vertec BioSolvents Recent Developments
8.6 Yancheng Hongtai Bioengineering
  8.6.1 Yancheng Hongtai Bioengineering Comapny Information
  8.6.2 Yancheng Hongtai Bioengineering Business Overview
  8.6.3 Yancheng Hongtai Bioengineering Ethyl Lactate Sales, Revenue, Price and Gross Margin (2019-2024)
  8.6.4 Yancheng Hongtai Bioengineering Ethyl Lactate Product Portfolio
  8.6.5 Yancheng Hongtai Bioengineering Recent Developments
8.7 Huade Biological Engineering
  8.7.1 Huade Biological Engineering Comapny Information
  8.7.2 Huade Biological Engineering Business Overview
  8.7.3 Huade Biological Engineering Ethyl Lactate Sales, Revenue, Price and Gross Margin (2019-2024)
  8.7.4 Huade Biological Engineering Ethyl Lactate Product Portfolio
  8.7.5 Huade Biological Engineering Recent Developments
8.8 Henan Kangyuan
  8.8.1 Henan Kangyuan Comapny Information
  8.8.2 Henan Kangyuan Business Overview
  8.8.3 Henan Kangyuan Ethyl Lactate Sales, Revenue, Price and Gross Margin (2019-2024)
  8.8.4 Henan Kangyuan Ethyl Lactate Product Portfolio
  8.8.5 Henan Kangyuan Recent Developments
8.9 Shenzhen Esun Industrial
  8.9.1 Shenzhen Esun Industrial Comapny Information
  8.9.2 Shenzhen Esun Industrial Business Overview
  8.9.3 Shenzhen Esun Industrial Ethyl Lactate Sales, Revenue, Price and Gross Margin (2019-2024)
  8.9.4 Shenzhen Esun Industrial Ethyl Lactate Product Portfolio
  8.9.5 Shenzhen Esun Industrial Recent Developments
8.10 Haijianuo Bioengineer
  8.10.1 Haijianuo Bioengineer Comapny Information
  8.10.2 Haijianuo Bioengineer Business Overview
  8.10.3 Haijianuo Bioengineer Ethyl Lactate Sales, Revenue, Price and Gross Margin (2019-2024)
  8.10.4 Haijianuo Bioengineer Ethyl Lactate Product Portfolio
  8.10.5 Haijianuo Bioengineer Recent Developments
8.11 Jindan Lactic Acid
  8.11.1 Jindan Lactic Acid Comapny Information
  8.11.2 Jindan Lactic Acid Business Overview
  8.11.3 Jindan Lactic Acid Ethyl Lactate Sales, Revenue, Price and Gross Margin (2019-2024)
  8.11.4 Jindan Lactic Acid Ethyl Lactate Product Portfolio
  8.11.5 Jindan Lactic Acid Recent Developments

9 NORTH AMERICA

9.1 North America Ethyl Lactate Market Size by Type
  9.1.1 North America Ethyl Lactate Revenue by Type (2019-2030)
  9.1.2 North America Ethyl Lactate Sales by Type (2019-2030)
  9.1.3 North America Ethyl Lactate Price by Type (2019-2030)
9.2 North America Ethyl Lactate Market Size by Application
  9.2.1 North America Ethyl Lactate Revenue by Application (2019-2030)
  9.2.2 North America Ethyl Lactate Sales by Application (2019-2030)
  9.2.3 North America Ethyl Lactate Price by Application (2019-2030)
9.3 North America Ethyl Lactate Market Size by Country
  9.3.1 North America Ethyl Lactate Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
  9.3.2 North America Ethyl Lactate Sales by Country (2019 VS 2023 VS 2030)
  9.3.3 North America Ethyl Lactate Price by Country (2019-2030)
  9.3.4 U.S.
  9.3.5 Canada

10 EUROPE

10.1 Europe Ethyl Lactate Market Size by Type
  10.1.1 Europe Ethyl Lactate Revenue by Type (2019-2030)
  10.1.2 Europe Ethyl Lactate Sales by Type (2019-2030)
  10.1.3 Europe Ethyl Lactate Price by Type (2019-2030)
10.2 Europe Ethyl Lactate Market Size by Application
  10.2.1 Europe Ethyl Lactate Revenue by Application (2019-2030)
  10.2.2 Europe Ethyl Lactate Sales by Application (2019-2030)
  10.2.3 Europe Ethyl Lactate Price by Application (2019-2030)
10.3 Europe Ethyl Lactate Market Size by Country
  10.3.1 Europe Ethyl Lactate Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
  10.3.2 Europe Ethyl Lactate Sales by Country (2019 VS 2023 VS 2030)
  10.3.3 Europe Ethyl Lactate Price by Country (2019-2030)
  10.3.4 Germany
  10.3.5 France
  10.3.6 U.K.
  10.3.7 Italy
  10.3.8 Russia

11 CHINA

11.1 China Ethyl Lactate Market Size by Type
  11.1.1 China Ethyl Lactate Revenue by Type (2019-2030)
  11.1.2 China Ethyl Lactate Sales by Type (2019-2030)
  11.1.3 China Ethyl Lactate Price by Type (2019-2030)
11.2 China Ethyl Lactate Market Size by Application
  11.2.1 China Ethyl Lactate Revenue by Application (2019-2030)
  11.2.2 China Ethyl Lactate Sales by Application (2019-2030)
  11.2.3 China Ethyl Lactate Price by Application (2019-2030)

12 ASIA (EXCLUDING CHINA)

12.1 Asia Ethyl Lactate Market Size by Type
  12.1.1 Asia Ethyl Lactate Revenue by Type (2019-2030)
  12.1.2 Asia Ethyl Lactate Sales by Type (2019-2030)
  12.1.3 Asia Ethyl Lactate Price by Type (2019-2030)
12.2 Asia Ethyl Lactate Market Size by Application
  12.2.1 Asia Ethyl Lactate Revenue by Application (2019-2030)
  12.2.2 Asia Ethyl Lactate Sales by Application (2019-2030)
  12.2.3 Asia Ethyl Lactate Price by Application (2019-2030)
12.3 Asia Ethyl Lactate Market Size by Country
  12.3.1 Asia Ethyl Lactate Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
  12.3.2 Asia Ethyl Lactate Sales by Country (2019 VS 2023 VS 2030)
  12.3.3 Asia Ethyl Lactate Price by Country (2019-2030)
  12.3.4 Japan
  12.3.5 South Korea
  12.3.6 India
  12.3.7 Australia
  12.3.8 China Taiwan
  12.3.9 Southeast Asia

13 MIDDLE EAST, AFRICA AND LATIN AMERICA

13.1 Middle East, Africa and Latin America Ethyl Lactate Market Size by Type
  13.1.1 Middle East, Africa and Latin America Ethyl Lactate Revenue by Type (2019-2030)
  13.1.2 Middle East, Africa and Latin America Ethyl Lactate Sales by Type (2019-2030)
  13.1.3 Middle East, Africa and Latin America Ethyl Lactate Price by Type (2019-2030)
13.2 Middle East, Africa and Latin America Ethyl Lactate Market Size by Application
  13.2.1 Middle East, Africa and Latin America Ethyl Lactate Revenue by Application (2019-2030)
  13.2.2 Middle East, Africa and Latin America Ethyl Lactate Sales by Application (2019-2030)
  13.2.3 Middle East, Africa and Latin America Ethyl Lactate Price by Application (2019-2030)
13.3 Middle East, Africa and Latin America Ethyl Lactate Market Size by Country
  13.3.1 Middle East, Africa and Latin America Ethyl Lactate Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
  13.3.2 Middle East, Africa and Latin America Ethyl Lactate Sales by Country (2019 VS 2023 VS 2030)
  13.3.3 Middle East, Africa and Latin America Ethyl Lactate Price by Country (2019-2030)
  13.3.4 Mexico
  13.3.5 Brazil
  13.3.6 Israel
  13.3.7 Argentina
  13.3.8 Colombia
  13.3.9 Turkey
  13.3.10 Saudi Arabia
  13.3.11 UAE

14 VALUE CHAIN AND SALES CHANNELS ANALYSIS

14.1 Ethyl Lactate Value Chain Analysis
  14.1.1 Ethyl Lactate Key Raw Materials
  14.1.2 Raw Materials Key Suppliers
  14.1.3 Manufacturing Cost Structure
  14.1.4 Ethyl Lactate Production Mode & Process
14.2 Ethyl Lactate Sales Channels Analysis
  14.2.1 Direct Comparison with Distribution Share
  14.2.2 Ethyl Lactate Distributors
  14.2.3 Ethyl Lactate Customers

15 CONCLUDING INSIGHTS

16 APPENDIX

16.1 Reasons for Doing This Study
16.2 Research Methodology
16.3 Research Process
16.4 Authors List of This Report
16.5 Data Source
  16.5.1 Secondary Sources
  16.5.2 Primary Sources
16.6 Disclaimer


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