Global Butyl Lactate Market Growth 2023-2029

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Butyl lactate appears as a clear colorless liquid with a mild odor. In an industrial context, n-butyl lactate is used as a solvent and as a chemical feedstock. It is used as a dairy-related flavoring agent.

LPI (LP Information)' newest research report, the “Butyl Lactate Industry Forecast” looks at past sales and reviews total world Butyl Lactate sales in 2022, providing a comprehensive analysis by region and market sector of projected Butyl Lactate sales for 2023 through 2029. With Butyl Lactate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Butyl Lactate industry.

This Insight Report provides a comprehensive analysis of the global Butyl Lactate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Butyl Lactate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Butyl Lactate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Butyl Lactate and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Butyl Lactate.

The global Butyl Lactate market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Butyl Lactate is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Butyl Lactate is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Butyl Lactate is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Butyl Lactate players cover Corbion, Galactic, Godavari Biorefineries, Musashino Chemical Laboratory, Vertec BioSolvents, Yancheng Hongtai Bioengineering, Huade Biological Engineering, Henan Kangyuan and Haijianuo Bioengineer, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Butyl Lactate market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

• Food Grade
• Industrial Grade

Segmentation by application

• Food & Beverage
• Spices
• Synthetic Resin
• Industrial Solvent
• Other

This report also splits the market by region:

• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

• Corbion
• Galactic
• Godavari Biorefineries
• Musashino Chemical Laboratory
• Vertec BioSolvents
• Yancheng Hongtai Bioengineering
• Huade Biological Engineering
• Henan Kangyuan
• Haijianuo Bioengineer
• Jindan Lactic Acid

Key Questions Addressed in this Report

What is the 10-year outlook for the global Butyl Lactate market?

What factors are driving Butyl Lactate market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Butyl Lactate market opportunities vary by end market size?

How does Butyl Lactate break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

LIST OF TABLES

Table 1. Butyl Lactate Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
Table 2. Butyl Lactate Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
Table 3. Major Players of Food Grade
Table 4. Major Players of Industrial Grade
Table 5. Global Butyl Lactate Sales by Type (2018-2023) & (Kiloton)
Table 6. Global Butyl Lactate Sales Market Share by Type (2018-2023)
Table 7. Global Butyl Lactate Revenue by Type (2018-2023) & ($ million)
Table 8. Global Butyl Lactate Revenue Market Share by Type (2018-2023)
Table 9. Global Butyl Lactate Sale Price by Type (2018-2023) & (US$/Ton)
Table 10. Global Butyl Lactate Sales by Application (2018-2023) & (Kiloton)
Table 11. Global Butyl Lactate Sales Market Share by Application (2018-2023)
Table 12. Global Butyl Lactate Revenue by Application (2018-2023)
Table 13. Global Butyl Lactate Revenue Market Share by Application (2018-2023)
Table 14. Global Butyl Lactate Sale Price by Application (2018-2023) & (US$/Ton)
Table 15. Global Butyl Lactate Sales by Company (2018-2023) & (Kiloton)
Table 16. Global Butyl Lactate Sales Market Share by Company (2018-2023)
Table 17. Global Butyl Lactate Revenue by Company (2018-2023) ($ Millions)
Table 18. Global Butyl Lactate Revenue Market Share by Company (2018-2023)
Table 19. Global Butyl Lactate Sale Price by Company (2018-2023) & (US$/Ton)
Table 20. Key Manufacturers Butyl Lactate Producing Area Distribution and Sales Area
Table 21. Players Butyl Lactate Products Offered
Table 22. Butyl Lactate Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
Table 23. New Products and Potential Entrants
Table 24. Mergers & Acquisitions, Expansion
Table 25. Global Butyl Lactate Sales by Geographic Region (2018-2023) & (Kiloton)
Table 26. Global Butyl Lactate Sales Market Share Geographic Region (2018-2023)
Table 27. Global Butyl Lactate Revenue by Geographic Region (2018-2023) & ($ millions)
Table 28. Global Butyl Lactate Revenue Market Share by Geographic Region (2018-2023)
Table 29. Global Butyl Lactate Sales by Country/Region (2018-2023) & (Kiloton)
Table 30. Global Butyl Lactate Sales Market Share by Country/Region (2018-2023)
Table 31. Global Butyl Lactate Revenue by Country/Region (2018-2023) & ($ millions)
Table 32. Global Butyl Lactate Revenue Market Share by Country/Region (2018-2023)
Table 33. Americas Butyl Lactate Sales by Country (2018-2023) & (Kiloton)
Table 34. Americas Butyl Lactate Sales Market Share by Country (2018-2023)
Table 35. Americas Butyl Lactate Revenue by Country (2018-2023) & ($ Millions)
Table 36. Americas Butyl Lactate Revenue Market Share by Country (2018-2023)
Table 37. Americas Butyl Lactate Sales by Type (2018-2023) & (Kiloton)
Table 38. Americas Butyl Lactate Sales by Application (2018-2023) & (Kiloton)
Table 39. APAC Butyl Lactate Sales by Region (2018-2023) & (Kiloton)
Table 40. APAC Butyl Lactate Sales Market Share by Region (2018-2023)
Table 41. APAC Butyl Lactate Revenue by Region (2018-2023) & ($ Millions)
Table 42. APAC Butyl Lactate Revenue Market Share by Region (2018-2023)
Table 43. APAC Butyl Lactate Sales by Type (2018-2023) & (Kiloton)
Table 44. APAC Butyl Lactate Sales by Application (2018-2023) & (Kiloton)
Table 45. Europe Butyl Lactate Sales by Country (2018-2023) & (Kiloton)
Table 46. Europe Butyl Lactate Sales Market Share by Country (2018-2023)
Table 47. Europe Butyl Lactate Revenue by Country (2018-2023) & ($ Millions)
Table 48. Europe Butyl Lactate Revenue Market Share by Country (2018-2023)
Table 49. Europe Butyl Lactate Sales by Type (2018-2023) & (Kiloton)
Table 50. Europe Butyl Lactate Sales by Application (2018-2023) & (Kiloton)
Table 51. Middle East & Africa Butyl Lactate Sales by Country (2018-2023) & (Kiloton)
Table 52. Middle East & Africa Butyl Lactate Sales Market Share by Country (2018-2023)
Table 53. Middle East & Africa Butyl Lactate Revenue by Country (2018-2023) & ($ Millions)
Table 54. Middle East & Africa Butyl Lactate Revenue Market Share by Country (2018-2023)
Table 55. Middle East & Africa Butyl Lactate Sales by Type (2018-2023) & (Kiloton)
Table 56. Middle East & Africa Butyl Lactate Sales by Application (2018-2023) & (Kiloton)
Table 57. Key Market Drivers & Growth Opportunities of Butyl Lactate
Table 58. Key Market Challenges & Risks of Butyl Lactate
Table 59. Key Industry Trends of Butyl Lactate
Table 60. Butyl Lactate Raw Material
Table 61. Key Suppliers of Raw Materials
Table 62. Butyl Lactate Distributors List
Table 63. Butyl Lactate Customer List
Table 64. Global Butyl Lactate Sales Forecast by Region (2024-2029) & (Kiloton)
Table 65. Global Butyl Lactate Revenue Forecast by Region (2024-2029) & ($ millions)
Table 66. Americas Butyl Lactate Sales Forecast by Country (2024-2029) & (Kiloton)
Table 67. Americas Butyl Lactate Revenue Forecast by Country (2024-2029) & ($ millions)
Table 68. APAC Butyl Lactate Sales Forecast by Region (2024-2029) & (Kiloton)
Table 69. APAC Butyl Lactate Revenue Forecast by Region (2024-2029) & ($ millions)
Table 70. Europe Butyl Lactate Sales Forecast by Country (2024-2029) & (Kiloton)
Table 71. Europe Butyl Lactate Revenue Forecast by Country (2024-2029) & ($ millions)
Table 72. Middle East & Africa Butyl Lactate Sales Forecast by Country (2024-2029) & (Kiloton)
Table 73. Middle East & Africa Butyl Lactate Revenue Forecast by Country (2024-2029) & ($ millions)
Table 74. Global Butyl Lactate Sales Forecast by Type (2024-2029) & (Kiloton)
Table 75. Global Butyl Lactate Revenue Forecast by Type (2024-2029) & ($ Millions)
Table 76. Global Butyl Lactate Sales Forecast by Application (2024-2029) & (Kiloton)
Table 77. Global Butyl Lactate Revenue Forecast by Application (2024-2029) & ($ Millions)
Table 78. Corbion Basic Information, Butyl Lactate Manufacturing Base, Sales Area and Its Competitors
Table 79. Corbion Butyl Lactate Product Portfolios and Specifications
Table 80. Corbion Butyl Lactate Sales (Kiloton), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2018-2023)
Table 81. Corbion Main Business
Table 82. Corbion Latest Developments
Table 83. Galactic Basic Information, Butyl Lactate Manufacturing Base, Sales Area and Its Competitors
Table 84. Galactic Butyl Lactate Product Portfolios and Specifications
Table 85. Galactic Butyl Lactate Sales (Kiloton), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2018-2023)
Table 86. Galactic Main Business
Table 87. Galactic Latest Developments
Table 88. Godavari Biorefineries Basic Information, Butyl Lactate Manufacturing Base, Sales Area and Its Competitors
Table 89. Godavari Biorefineries Butyl Lactate Product Portfolios and Specifications
Table 90. Godavari Biorefineries Butyl Lactate Sales (Kiloton), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2018-2023)
Table 91. Godavari Biorefineries Main Business
Table 92. Godavari Biorefineries Latest Developments
Table 93. Musashino Chemical Laboratory Basic Information, Butyl Lactate Manufacturing Base, Sales Area and Its Competitors
Table 94. Musashino Chemical Laboratory Butyl Lactate Product Portfolios and Specifications
Table 95. Musashino Chemical Laboratory Butyl Lactate Sales (Kiloton), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2018-2023)
Table 96. Musashino Chemical Laboratory Main Business
Table 97. Musashino Chemical Laboratory Latest Developments
Table 98. Vertec BioSolvents Basic Information, Butyl Lactate Manufacturing Base, Sales Area and Its Competitors
Table 99. Vertec BioSolvents Butyl Lactate Product Portfolios and Specifications
Table 100. Vertec BioSolvents Butyl Lactate Sales (Kiloton), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2018-2023)
Table 101. Vertec BioSolvents Main Business
Table 102. Vertec BioSolvents Latest Developments
Table 103. Yancheng Hongtai Bioengineering Basic Information, Butyl Lactate Manufacturing Base, Sales Area and Its Competitors
Table 104. Yancheng Hongtai Bioengineering Butyl Lactate Product Portfolios and Specifications
Table 105. Yancheng Hongtai Bioengineering Butyl Lactate Sales (Kiloton), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2018-2023)
Table 106. Yancheng Hongtai Bioengineering Main Business
Table 107. Yancheng Hongtai Bioengineering Latest Developments
Table 108. Huade Biological Engineering Basic Information, Butyl Lactate Manufacturing Base, Sales Area and Its Competitors
Table 109. Huade Biological Engineering Butyl Lactate Product Portfolios and Specifications
Table 110. Huade Biological Engineering Butyl Lactate Sales (Kiloton), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2018-2023)
Table 111. Huade Biological Engineering Main Business
Table 112. Huade Biological Engineering Latest Developments
Table 113. Henan Kangyuan Basic Information, Butyl Lactate Manufacturing Base, Sales Area and Its Competitors
Table 114. Henan Kangyuan Butyl Lactate Product Portfolios and Specifications
Table 115. Henan Kangyuan Butyl Lactate Sales (Kiloton), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2018-2023)
Table 116. Henan Kangyuan Main Business
Table 117. Henan Kangyuan Latest Developments
Table 118. Haijianuo Bioengineer Basic Information, Butyl Lactate Manufacturing Base, Sales Area and Its Competitors
Table 119. Haijianuo Bioengineer Butyl Lactate Product Portfolios and Specifications
Table 120. Haijianuo Bioengineer Butyl Lactate Sales (Kiloton), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2018-2023)
Table 121. Haijianuo Bioengineer Main Business
Table 122. Haijianuo Bioengineer Latest Developments
Table 123. Jindan Lactic Acid Basic Information, Butyl Lactate Manufacturing Base, Sales Area and Its Competitors
Table 124. Jindan Lactic Acid Butyl Lactate Product Portfolios and Specifications
Table 125. Jindan Lactic Acid Butyl Lactate Sales (Kiloton), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2018-2023)
Table 126. Jindan Lactic Acid Main Business
Table 127. Jindan Lactic Acid Latest Developments

LIST OF FIGURES

Figure 1. Picture of Butyl Lactate
Figure 2. Butyl Lactate Report Years Considered
Figure 3. Research Objectives
Figure 4. Research Methodology
Figure 5. Research Process and Data Source
Figure 6. Global Butyl Lactate Sales Growth Rate 2018-2029 (Kiloton)
Figure 7. Global Butyl Lactate Revenue Growth Rate 2018-2029 ($ Millions)
Figure 8. Butyl Lactate Sales by Region (2018, 2022 & 2029) & ($ Millions)
Figure 9. Product Picture of Food Grade
Figure 10. Product Picture of Industrial Grade
Figure 11. Global Butyl Lactate Sales Market Share by Type in 2022
Figure 12. Global Butyl Lactate Revenue Market Share by Type (2018-2023)
Figure 13. Butyl Lactate Consumed in Food & Beverage
Figure 14. Global Butyl Lactate Market: Food & Beverage (2018-2023) & (Kiloton)
Figure 15. Butyl Lactate Consumed in Spices
Figure 16. Global Butyl Lactate Market: Spices (2018-2023) & (Kiloton)
Figure 17. Butyl Lactate Consumed in Synthetic Resin
Figure 18. Global Butyl Lactate Market: Synthetic Resin (2018-2023) & (Kiloton)
Figure 19. Butyl Lactate Consumed in Industrial Solvent
Figure 20. Global Butyl Lactate Market: Industrial Solvent (2018-2023) & (Kiloton)
Figure 21. Butyl Lactate Consumed in Other
Figure 22. Global Butyl Lactate Market: Other (2018-2023) & (Kiloton)
Figure 23. Global Butyl Lactate Sales Market Share by Application (2022)
Figure 24. Global Butyl Lactate Revenue Market Share by Application in 2022
Figure 25. Butyl Lactate Sales Market by Company in 2022 (Kiloton)
Figure 26. Global Butyl Lactate Sales Market Share by Company in 2022
Figure 27. Butyl Lactate Revenue Market by Company in 2022 ($ Million)
Figure 28. Global Butyl Lactate Revenue Market Share by Company in 2022
Figure 29. Global Butyl Lactate Sales Market Share by Geographic Region (2018-2023)
Figure 30. Global Butyl Lactate Revenue Market Share by Geographic Region in 2022
Figure 31. Americas Butyl Lactate Sales 2018-2023 (Kiloton)
Figure 32. Americas Butyl Lactate Revenue 2018-2023 ($ Millions)
Figure 33. APAC Butyl Lactate Sales 2018-2023 (Kiloton)
Figure 34. APAC Butyl Lactate Revenue 2018-2023 ($ Millions)
Figure 35. Europe Butyl Lactate Sales 2018-2023 (Kiloton)
Figure 36. Europe Butyl Lactate Revenue 2018-2023 ($ Millions)
Figure 37. Middle East & Africa Butyl Lactate Sales 2018-2023 (Kiloton)
Figure 38. Middle East & Africa Butyl Lactate Revenue 2018-2023 ($ Millions)
Figure 39. Americas Butyl Lactate Sales Market Share by Country in 2022
Figure 40. Americas Butyl Lactate Revenue Market Share by Country in 2022
Figure 41. Americas Butyl Lactate Sales Market Share by Type (2018-2023)
Figure 42. Americas Butyl Lactate Sales Market Share by Application (2018-2023)
Figure 43. United States Butyl Lactate Revenue Growth 2018-2023 ($ Millions)
Figure 44. Canada Butyl Lactate Revenue Growth 2018-2023 ($ Millions)
Figure 45. Mexico Butyl Lactate Revenue Growth 2018-2023 ($ Millions)
Figure 46. Brazil Butyl Lactate Revenue Growth 2018-2023 ($ Millions)
Figure 47. APAC Butyl Lactate Sales Market Share by Region in 2022
Figure 48. APAC Butyl Lactate Revenue Market Share by Regions in 2022
Figure 49. APAC Butyl Lactate Sales Market Share by Type (2018-2023)
Figure 50. APAC Butyl Lactate Sales Market Share by Application (2018-2023)
Figure 51. China Butyl Lactate Revenue Growth 2018-2023 ($ Millions)
Figure 52. Japan Butyl Lactate Revenue Growth 2018-2023 ($ Millions)
Figure 53. South Korea Butyl Lactate Revenue Growth 2018-2023 ($ Millions)
Figure 54. Southeast Asia Butyl Lactate Revenue Growth 2018-2023 ($ Millions)
Figure 55. India Butyl Lactate Revenue Growth 2018-2023 ($ Millions)
Figure 56. Australia Butyl Lactate Revenue Growth 2018-2023 ($ Millions)
Figure 57. China Taiwan Butyl Lactate Revenue Growth 2018-2023 ($ Millions)
Figure 58. Europe Butyl Lactate Sales Market Share by Country in 2022
Figure 59. Europe Butyl Lactate Revenue Market Share by Country in 2022
Figure 60. Europe Butyl Lactate Sales Market Share by Type (2018-2023)
Figure 61. Europe Butyl Lactate Sales Market Share by Application (2018-2023)
Figure 62. Germany Butyl Lactate Revenue Growth 2018-2023 ($ Millions)
Figure 63. France Butyl Lactate Revenue Growth 2018-2023 ($ Millions)
Figure 64. UK Butyl Lactate Revenue Growth 2018-2023 ($ Millions)
Figure 65. Italy Butyl Lactate Revenue Growth 2018-2023 ($ Millions)
Figure 66. Russia Butyl Lactate Revenue Growth 2018-2023 ($ Millions)
Figure 67. Middle East & Africa Butyl Lactate Sales Market Share by Country in 2022
Figure 68. Middle East & Africa Butyl Lactate Revenue Market Share by Country in 2022
Figure 69. Middle East & Africa Butyl Lactate Sales Market Share by Type (2018-2023)
Figure 70. Middle East & Africa Butyl Lactate Sales Market Share by Application (2018-2023)
Figure 71. Egypt Butyl Lactate Revenue Growth 2018-2023 ($ Millions)
Figure 72. South Africa Butyl Lactate Revenue Growth 2018-2023 ($ Millions)
Figure 73. Israel Butyl Lactate Revenue Growth 2018-2023 ($ Millions)
Figure 74. Turkey Butyl Lactate Revenue Growth 2018-2023 ($ Millions)
Figure 75. GCC Country Butyl Lactate Revenue Growth 2018-2023 ($ Millions)
Figure 76. Manufacturing Cost Structure Analysis of Butyl Lactate in 2022
Figure 77. Manufacturing Process Analysis of Butyl Lactate
Figure 78. Industry Chain Structure of Butyl Lactate
Figure 79. Channels of Distribution
Figure 80. Global Butyl Lactate Sales Market Forecast by Region (2024-2029)
Figure 81. Global Butyl Lactate Revenue Market Share Forecast by Region (2024-2029)
Figure 82. Global Butyl Lactate Sales Market Share Forecast by Type (2024-2029)
Figure 83. Global Butyl Lactate Revenue Market Share Forecast by Type (2024-2029)
Figure 84. Global Butyl Lactate Sales Market Share Forecast by Application (2024-2029)
Figure 85. Global Butyl Lactate Revenue Market Share Forecast by Application (2024-2029)