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Global Ethyl Lactate Market Size, Manufacturers, Growth Analysis Industry Forecast to 2030

April 2024 | 134 pages | ID: G2FBF8248FFBEN
APO Research

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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.

This report presents an overview of global market for Ethyl Lactate, sales, 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 sales 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 Ethyl Lactate status and future forecast, involving, sales, revenue, growth rate (CAGR), market share, historical and forecast.

2. To present the key manufacturers, sales, 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 Ethyl Lactate market potential and advantage, opportunity and challenge, restraints, and risks.

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

6. To analyze Ethyl Lactate 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 sales 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: Provides an overview of the Ethyl Lactate market, including product definition, global market growth prospects, sales value, sales volume, and average price forecasts (2019-2030).

Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Ethyl Lactate industry.

Chapter 3: 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 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 5: 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 6: Sales and value of Ethyl Lactate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Sales and value of Ethyl Lactate in country level. It provides sigmate data by type, and by application for each country/region.

Chapter 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: Concluding Insights.

Chapter 10: Concluding Insights.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
  1.2.1 Global Ethyl Lactate Sales Value (2019-2030)
  1.2.2 Global Ethyl Lactate Sales Volume (2019-2030)
  1.2.3 Global Ethyl Lactate Sales Average Price (2019-2030)
1.3 Assumptions and Limitations
1.4 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 ETHYL LACTATE MARKET BY COMPANY

3.1 Global Ethyl Lactate Company Revenue Ranking in 2023
3.2 Global Ethyl Lactate Revenue by Company (2019-2024)
3.3 Global Ethyl Lactate Sales Volume by Company (2019-2024)
3.4 Global Ethyl Lactate Average Price by Company (2019-2024)
3.5 Global Ethyl Lactate Company Ranking, 2022 VS 2023 VS 2024
3.6 Global Ethyl Lactate Company Manufacturing Base & Headquarters
3.7 Global Ethyl Lactate Company, Product Type & Application
3.8 Global Ethyl Lactate Company Commercialization Time
3.9 Market Competitive Analysis
  3.9.1 Global Ethyl Lactate Market CR5 and HHI
  3.9.2 Global Top 5 and 10 Company Market Share by Revenue in 2023
  3.9.3 2023 Ethyl Lactate Tier 1, Tier 2, and Tier
3.10 Mergers & Acquisitions, Expansion

4 ETHYL LACTATE MARKET BY TYPE

4.1 Ethyl Lactate Type Introduction
  4.1.1 Food Grade
  4.1.2 Pharmaceutical Grade
  4.1.3 Industrial Grade
  4.1.4 Electronic Grade
4.2 Global Ethyl Lactate Sales Volume by Type
  4.2.1 Global Ethyl Lactate Sales Volume by Type (2019 VS 2023 VS 2030)
  4.2.2 Global Ethyl Lactate Sales Volume by Type (2019-2030)
  4.2.3 Global Ethyl Lactate Sales Volume Share by Type (2019-2030)
4.3 Global Ethyl Lactate Sales Value by Type
  4.3.1 Global Ethyl Lactate Sales Value by Type (2019 VS 2023 VS 2030)
  4.3.2 Global Ethyl Lactate Sales Value by Type (2019-2030)
  4.3.3 Global Ethyl Lactate Sales Value Share by Type (2019-2030)

5 ETHYL LACTATE MARKET BY APPLICATION

5.1 Ethyl Lactate Application Introduction
  5.1.1 Food & Beverage
  5.1.2 Industrial Application
  5.1.3 Pharmaceutical
  5.1.4 Microelectronics
  5.1.5 Other
5.2 Global Ethyl Lactate Sales Volume by Application
  5.2.1 Global Ethyl Lactate Sales Volume by Application (2019 VS 2023 VS 2030)
  5.2.2 Global Ethyl Lactate Sales Volume by Application (2019-2030)
  5.2.3 Global Ethyl Lactate Sales Volume Share by Application (2019-2030)
5.3 Global Ethyl Lactate Sales Value by Application
  5.3.1 Global Ethyl Lactate Sales Value by Application (2019 VS 2023 VS 2030)
  5.3.2 Global Ethyl Lactate Sales Value by Application (2019-2030)
  5.3.3 Global Ethyl Lactate Sales Value Share by Application (2019-2030)

6 ETHYL LACTATE MARKET BY REGION

6.1 Global Ethyl Lactate Sales by Region: 2019 VS 2023 VS 2030
6.2 Global Ethyl Lactate Sales by Region (2019-2030)
  6.2.1 Global Ethyl Lactate Sales by Region: 2019-2024
  6.2.2 Global Ethyl Lactate Sales by Region (2025-2030)
6.3 Global Ethyl Lactate Sales Value by Region: 2019 VS 2023 VS 2030
6.4 Global Ethyl Lactate Sales Value by Region (2019-2030)
  6.4.1 Global Ethyl Lactate Sales Value by Region: 2019-2024
  6.4.2 Global Ethyl Lactate Sales Value by Region (2025-2030)
6.5 Global Ethyl Lactate Market Price Analysis by Region (2019-2024)
6.6 North America
  6.6.1 North America Ethyl Lactate Sales Value (2019-2030)
  6.6.2 North America Ethyl Lactate Sales Value Share by Country, 2023 VS 2030
6.7 Europe
  6.7.1 Europe Ethyl Lactate Sales Value (2019-2030)
  6.7.2 Europe Ethyl Lactate Sales Value Share by Country, 2023 VS 2030
6.8 Asia-Pacific
  6.8.1 Asia-Pacific Ethyl Lactate Sales Value (2019-2030)
  6.8.2 Asia-Pacific Ethyl Lactate Sales Value Share by Country, 2023 VS 2030
6.9 Latin America
  6.9.1 Latin America Ethyl Lactate Sales Value (2019-2030)
  6.9.2 Latin America Ethyl Lactate Sales Value Share by Country, 2023 VS 2030
6.10 Middle East & Africa
  6.10.1 Middle East & Africa Ethyl Lactate Sales Value (2019-2030)
  6.10.2 Middle East & Africa Ethyl Lactate Sales Value Share by Country, 2023 VS 2030

7 ETHYL LACTATE MARKET BY COUNTRY

7.1 Global Ethyl Lactate Sales by Country: 2019 VS 2023 VS 2030
7.2 Global Ethyl Lactate Sales Value by Country: 2019 VS 2023 VS 2030
7.3 Global Ethyl Lactate Sales by Country (2019-2030)
  7.3.1 Global Ethyl Lactate Sales by Country (2019-2024)
  7.3.2 Global Ethyl Lactate Sales by Country (2025-2030)
7.4 Global Ethyl Lactate Sales Value by Country (2019-2030)
  7.4.1 Global Ethyl Lactate Sales Value by Country (2019-2024)
  7.4.2 Global Ethyl Lactate Sales Value by Country (2025-2030)
7.5 USA
  7.5.1 Global Ethyl Lactate Sales Value Growth Rate (2019-2030)
  7.5.2 Global Ethyl Lactate Sales Value Share by Type, 2023 VS 2030
  7.5.3 Global Ethyl Lactate Sales Value Share by Application, 2023 VS 2030
7.6 Canada
  7.6.1 Global Ethyl Lactate Sales Value Growth Rate (2019-2030)
  7.6.2 Global Ethyl Lactate Sales Value Share by Type, 2023 VS 2030
  7.6.3 Global Ethyl Lactate Sales Value Share by Application, 2023 VS 2030
7.7 Germany
  7.7.1 Global Ethyl Lactate Sales Value Growth Rate (2019-2030)
  7.7.2 Global Ethyl Lactate Sales Value Share by Type, 2023 VS 2030
  7.7.3 Global Ethyl Lactate Sales Value Share by Application, 2023 VS 2030
7.8 France
  7.8.1 Global Ethyl Lactate Sales Value Growth Rate (2019-2030)
  7.8.2 Global Ethyl Lactate Sales Value Share by Type, 2023 VS 2030
  7.8.3 Global Ethyl Lactate Sales Value Share by Application, 2023 VS 2030
7.9 U.K.
  7.9.1 Global Ethyl Lactate Sales Value Growth Rate (2019-2030)
  7.9.2 Global Ethyl Lactate Sales Value Share by Type, 2023 VS 2030
  7.9.3 Global Ethyl Lactate Sales Value Share by Application, 2023 VS 2030
7.10 Italy
  7.10.1 Global Ethyl Lactate Sales Value Growth Rate (2019-2030)
  7.10.2 Global Ethyl Lactate Sales Value Share by Type, 2023 VS 2030
  7.10.3 Global Ethyl Lactate Sales Value Share by Application, 2023 VS 2030
7.11 Netherlands
  7.11.1 Global Ethyl Lactate Sales Value Growth Rate (2019-2030)
  7.11.2 Global Ethyl Lactate Sales Value Share by Type, 2023 VS 2030
  7.11.3 Global Ethyl Lactate Sales Value Share by Application, 2023 VS 2030
7.12 Nordic Countries
  7.12.1 Global Ethyl Lactate Sales Value Growth Rate (2019-2030)
  7.12.2 Global Ethyl Lactate Sales Value Share by Type, 2023 VS 2030
  7.12.3 Global Ethyl Lactate Sales Value Share by Application, 2023 VS 2030
7.13 China
  7.13.1 Global Ethyl Lactate Sales Value Growth Rate (2019-2030)
  7.13.2 Global Ethyl Lactate Sales Value Share by Type, 2023 VS 2030
  7.13.3 Global Ethyl Lactate Sales Value Share by Application, 2023 VS 2030
7.14 Japan
  7.14.1 Global Ethyl Lactate Sales Value Growth Rate (2019-2030)
  7.14.2 Global Ethyl Lactate Sales Value Share by Type, 2023 VS 2030
  7.14.3 Global Ethyl Lactate Sales Value Share by Application, 2023 VS 2030
7.15 South Korea
  7.15.1 Global Ethyl Lactate Sales Value Growth Rate (2019-2030)
  7.15.2 Global Ethyl Lactate Sales Value Share by Type, 2023 VS 2030
  7.15.3 Global Ethyl Lactate Sales Value Share by Application, 2023 VS 2030
7.16 Southeast Asia
  7.16.1 Global Ethyl Lactate Sales Value Growth Rate (2019-2030)
  7.16.2 Global Ethyl Lactate Sales Value Share by Type, 2023 VS 2030
  7.16.3 Global Ethyl Lactate Sales Value Share by Application, 2023 VS 2030
7.17 India
  7.17.1 Global Ethyl Lactate Sales Value Growth Rate (2019-2030)
  7.17.2 Global Ethyl Lactate Sales Value Share by Type, 2023 VS 2030
  7.17.3 Global Ethyl Lactate Sales Value Share by Application, 2023 VS 2030
7.18 Australia
  7.18.1 Global Ethyl Lactate Sales Value Growth Rate (2019-2030)
  7.18.2 Global Ethyl Lactate Sales Value Share by Type, 2023 VS 2030
  7.18.3 Global Ethyl Lactate Sales Value Share by Application, 2023 VS 2030
7.19 Mexico
  7.19.1 Global Ethyl Lactate Sales Value Growth Rate (2019-2030)
  7.19.2 Global Ethyl Lactate Sales Value Share by Type, 2023 VS 2030
  7.19.3 Global Ethyl Lactate Sales Value Share by Application, 2023 VS 2030
7.20 Brazil
  7.20.1 Global Ethyl Lactate Sales Value Growth Rate (2019-2030)
  7.20.2 Global Ethyl Lactate Sales Value Share by Type, 2023 VS 2030
  7.20.3 Global Ethyl Lactate Sales Value Share by Application, 2023 VS 2030
7.21 Turkey
  7.21.1 Global Ethyl Lactate Sales Value Growth Rate (2019-2030)
  7.21.2 Global Ethyl Lactate Sales Value Share by Type, 2023 VS 2030
  7.21.3 Global Ethyl Lactate Sales Value Share by Application, 2023 VS 2030
7.22 Saudi Arabia
  7.22.1 Global Ethyl Lactate Sales Value Growth Rate (2019-2030)
  7.22.2 Global Ethyl Lactate Sales Value Share by Type, 2023 VS 2030
  7.22.3 Global Ethyl Lactate Sales Value Share by Application, 2023 VS 2030
7.23 UAE
  7.23.1 Global Ethyl Lactate Sales Value Growth Rate (2019-2030)
  7.23.2 Global Ethyl Lactate Sales Value Share by Type, 2023 VS 2030
  7.23.3 Global Ethyl Lactate Sales Value Share by Application, 2023 VS 2030

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, Value 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, Value 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, Value 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, Value 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, Value 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, Value 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, Value 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, Value 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, Value 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, Value 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, Value and Gross Margin (2019-2024)
  8.11.4 Jindan Lactic Acid Ethyl Lactate Product Portfolio
  8.11.5 Jindan Lactic Acid Recent Developments

9 VALUE CHAIN AND SALES CHANNELS ANALYSIS

9.1 Ethyl Lactate Value Chain Analysis
  9.1.1 Ethyl Lactate Key Raw Materials
  9.1.2 Raw Materials Key Suppliers
  9.1.3 Manufacturing Cost Structure
  9.1.4 Ethyl Lactate Sales Mode & Process
9.2 Ethyl Lactate Sales Channels Analysis
  9.2.1 Direct Comparison with Distribution Share
  9.2.2 Ethyl Lactate Distributors
  9.2.3 Ethyl Lactate Customers

10 CONCLUDING INSIGHTS

11 APPENDIX

11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
  11.5.1 Secondary Sources
  11.5.2 Primary Sources
11.6 Disclaimer


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