It is expected that the global ethyl lactate market will continue to grow by 2026 due to the increasing demand from downstream industries.
New York, United States – June 4, 2020 /MarketersMedia/ —
Ethyl lactate is a monoester formed from lactic acid and ethanol. The compound is considered to be biodegradable and can be used as a water rinse degreaser. It is the most common solvent in the production of cosmetics, pharmaceuticals, coatings, detergents, fragrances, and food.
The report starts with an overview of the industrial chain structure and describes the industry environment, then analyzes the market size and forecast of ethyl lactate by product, region, and application. This report also covers the recent COVID-19 and its impact on Ethyl Lactate Market.
The downstream customers of ethyl lactate are widely used in food and beverage, paint and ink, pharmaceutical, electronics, and other industries. Ethyl lactate is divided into food grade, industrial grade, electronic grade, and pharmaceutical grade. Electronic grade ethyl lactate can be used to clean electronic circuit boards. With the rapid development of the global semiconductor industry, the demand for ethyl lactate will also increase. Food-grade ethyl lactate can be used for food flavoring, and the increase in demand for baked goods will benefit the development of the ethyl lactate market. In addition, with the continuous improvement of people’s living standards, the requirements for the environment are getting higher and higher. As a biodegradable green solvent, ethyl lactate will have more application markets in the future.
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The Major Players Profiled in This Report Include:
Musashino Chemical Laboratory
Yancheng Hongtai Bioengineering
Huade Biological Engineering
Yibang Industry & Commerce
Jindan Lactic Acid
Tianrun Lactic Acid
Weishi Perfume Factory
The Type and Application Analysis:
On the basis of type, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into:
On the basis of application, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each application/end users, primarily divided into:
Food & Beverage
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The Asia-Pacific region dominates the ethyl lactate market in terms of production and consumption. There are many manufacturers of ethyl lactate in China. With the research and development of the Chinese manufacturer’s ethyl lactate process and the maturity of production technology, China will continue to expand its share in the ethyl lactate market with its extensive downstream market and mature industrial chain.
For Detail TOC Click Here:
Ethyl Lactate Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Ethyl Lactate Market by Types
Chapter 4 Segmentation of Ethyl Lactate Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Ethyl Lactate Market in Major Countries
Chapter 7 North America Ethyl Lactate Landscape Analysis
Chapter 8 Europe Ethyl Lactate Landscape Analysis
Chapter 9 Asia Pacific Ethyl Lactate Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Ethyl Lactate Landscape Analysis
Chapter 11 Major Players Profile
11.1.1 Corbion Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2.1 Galactic Profile and Recent Development
11.2.2 Market Performance
11.2.3 Product and Service Introduction
11.3.1 ADM Company Profile and Recent Development
11.3.2 Market Performance
11.3.3 Product and Service Introduction
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures (Totals 94 Figures and 164 Tables)
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Ethyl Lactate market research report covers the global and regional market with an in-depth analysis. Furthermore, it sheds light on the comprehensive competitive situation of the global and regional markets. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
Ethyl Lactate Report Provide:
Potential opportunities and challenges analysis in the Ethyl Lactate market.
Current and future market outlook in the developed and emerging regional markets.
Detailed analysis of the segment that is expected to dominate the market.
Regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares, and strategies employed by the major market players.
Comprehensive & in-depth research and after-sales warranty by Global Market Monitor.
Analysis of Influences of COVID-19 to the present and future Ethyl Lactate market and related industry.
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