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Global Lactic Acid (CAS 50-21-5) Market Research Report 2021

Industry: Chemical & Material

Published: 2021-10-15

Pages: 143 Pages

Report ld: 348547

Description
Table of Contents
Table of Figures
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Description
Table of Contents
Table of Figures
PDF Download

Market Analysis and Insights: Global Lactic Acid (CAS 50-21-5) Market
The global Lactic Acid (CAS 50-21-5) market was valued at USD 966.13 million in 2020 and is expected to reach USD 1764.50 million by the end of 2027, growing at a CAGR of 3.03% between 2021 and 2027.

Global Lactic Acid (CAS 50-21-5) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market's growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert's opinions have been taken to understand the market better.

Global Lactic Acid (CAS 50-21-5) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

By Company
Corbion
NatureWorks
Henan Jindan Lactic Acid Technology
Galactic
BBCA Group
Jungbunzlauer
Shandong Parkson Biotechnology
Musashino Chemical
Henan Xinghan Biotechnology
Wuhan Sanjiang Space Good Biotech
Shandong Shouguang Juneng Golden
Shanxi Leda Biochemical
Shangdong Fullsail

Segment by Type
DL-Lactic Acid
D-Lactic Acid
L-Lactic Acid

Segment by Application
Food & Beverage
Polylactic Acid
Industrial
Pharmaceutical
Personal Care
Others

Production by Region
China
North America
SEA
Europe

Consumption by Region
North America
U.S.
Canada
Mexico

Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Other Regions

Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe

South America
Brazil
Argentina
Rest of South America

 1 LACTIC ACID (CAS 50-21-5) MARKET OVERVIEW	1
    1.1 Product Overview and Scope of Lactic Acid (CAS 50-21-5)	1
    1.2 Lactic Acid (CAS 50-21-5) Segment by Type	1
        1.2.1 Global Lactic Acid (CAS 50-21-5) Market Size Growth Rate Analysis by Type: 2021 VS 2027	2
        1.2.2 L-Lactic Acid	2
        1.2.3 D-Lactic Acid	3
        1.2.4 DL-Lactic Acid	3
    1.3 Lactic Acid (CAS 50-21-5) Segment by Application	4
        1.3.1 Global Lactic Acid (CAS 50-21-5) Consumption Comparison by Application: 2016 VS 2021 VS 2027	4
        1.3.2 Food & Beverage	5
        1.3.3 Polylactic Acid	6
        1.3.4 Industrial	7
        1.3.5 Pharmaceutical	7
        1.3.6 Personal Care	8
    1.4 Global Market Growth Prospects	9
        1.4.1 Global Lactic Acid (CAS 50-21-5) Revenue Estimates and Forecasts (2016-2027)	9
        1.4.2 Global Lactic Acid (CAS 50-21-5) Production Capacity Estimates and Forecasts (2016-2027)	10
        1.4.3 Global Lactic Acid (CAS 50-21-5) Production Estimates and Forecasts (2016-2027)	11
    1.5 Global Market Size by Region	11
        1.5.1 Global Lactic Acid (CAS 50-21-5) Market Size Estimates and Forecasts by Region: 2016 VS 2021 VS 2027	12
        1.5.2 North America Lactic Acid (CAS 50-21-5) Estimates and Forecasts (2016-2027)	12
        1.5.3 Europe Lactic Acid (CAS 50-21-5) Estimates and Forecasts (2016-2027)	13
        1.5.4 Southeast Asia Lactic Acid (CAS 50-21-5) Estimates and Forecasts (2016-2027)	13
        1.5.5 China Lactic Acid (CAS 50-21-5) Estimates and Forecasts (2016-2027)	14

 2 MARKET COMPETITION BY MANUFACTURERS	16
    2.1 Global Lactic Acid (CAS 50-21-5) Production Capacity Market Share by Manufacturers (2016-2021)	16
    2.2 Global Lactic Acid (CAS 50-21-5) Revenue Market Share by Manufacturers (2016-2021)	19
    2.3 Lactic Acid (CAS 50-21-5) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)	21
    2.4 Global Lactic Acid (CAS 50-21-5) Average Price by Manufacturers (2016-2021)	21
    2.5 Manufacturers Lactic Acid (CAS 50-21-5) Production Sites, Product Type	22
    2.6 Lactic Acid (CAS 50-21-5) Market Competitive Situation and Trends	23
        2.6.1 Lactic Acid (CAS 50-21-5) Market Concentration Rate	23
        2.6.2 Global 5 Largest Lactic Acid (CAS 50-21-5) Players Market Share by Revenue	24
        2.6.3 Mergers & Acquisitions, Expansion	24

 3 PRODUCTION CAPACITY BY REGION	27
    3.1 Global Production Capacity of Lactic Acid (CAS 50-21-5) Market Share by Region (2016-2021)	27
    3.2 Global Lactic Acid (CAS 50-21-5) Revenue Market Share by Region (2016-2021)	28
    3.3 Global Lactic Acid (CAS 50-21-5) Production Capacity, Revenue, Price and Gross Margin (2016-2021)	28
    3.4 North America Lactic Acid (CAS 50-21-5) Production	29
        3.4.1 North America Lactic Acid (CAS 50-21-5) Production Growth Rate (2016-2021)	29
        3.4.2 North America Lactic Acid (CAS 50-21-5) Production Capacity, Revenue, Price and Gross Margin (2016-2021)	29
    3.5 Europe Lactic Acid (CAS 50-21-5) Production	30
        3.5.1 Europe Lactic Acid (CAS 50-21-5) Production Growth Rate (2016-2021)	30
        3.5.2 Europe Lactic Acid (CAS 50-21-5) Production Capacity, Revenue, Price and Gross Margin (2016-2021)	30
    3.6 Southeast Asia Lactic Acid (CAS 50-21-5) Production (2016-2021)	31
        3.6.1 Southeast Asia Lactic Acid (CAS 50-21-5) Production Growth Rate (2016-2021)	31
        3.6.2 Southeast Asia Lactic Acid (CAS 50-21-5) Production Capacity, Revenue, Price and Gross Margin (2016-2021)	32
    3.7 China Lactic Acid (CAS 50-21-5) Production (2016-2021)	32
        3.7.1 China Lactic Acid (CAS 50-21-5) Production Growth Rate (2016-2021)	32
        3.7.2 China Lactic Acid (CAS 50-21-5) Production Capacity, Revenue, Price and Gross Margin (2016-2021)	33

 4 LACTIC ACID (CAS 50-21-5) CONSUMPTION BY REGION	34
    4.1 Global Lactic Acid (CAS 50-21-5) Consumption by Region	34
        4.1.1 Global Lactic Acid (CAS 50-21-5) Consumption by Region	34
        4.1.2 Global Lactic Acid (CAS 50-21-5) Consumption Market Share by Region	34
    4.2 North America	35
        4.2.1 North America Lactic Acid (CAS 50-21-5) Consumption by Country	36
        4.2.2 U.S.	37
        4.2.3 Canada	38
        4.2.4 Mexico	39
    4.3 Europe	40
        4.3.1 Europe Lactic Acid (CAS 50-21-5) Consumption by Country	40
        4.3.2 Germany	41
        4.3.3 France	42
        4.3.4 U.K.	43
        4.3.5 Italy	44
        4.3.6 Russia	45
    4.4 Asia Pacific	46
        4.4.1 Asia Pacific Lactic Acid (CAS 50-21-5) Consumption by Region	46
        4.4.2 China	47
        4.4.3 Japan	48
        4.4.4 South Korea	49
        4.4.5 Southeast Asia	50
        4.4.6 India	51
        4.4.7 Australia	52
    4.5 South America	53
        4.5.1 South America Lactic Acid (CAS 50-21-5) Consumption by Country	53
        4.5.2 Brazil	54
        4.5.3 Argentina	55

 5 PRODUCTION, REVENUE, PRICE TREND BY TYPE	56
    5.1 Global Lactic Acid (CAS 50-21-5) Production Market Share by Type (2016-2021)	56
    5.2 Global Lactic Acid (CAS 50-21-5) Revenue Market Share by Type (2016-2021)	58
    5.3 Global Lactic Acid (CAS 50-21-5) Price by Type (2016-2021)	59

 6 CONSUMPTION ANALYSIS BY APPLICATION	60
    6.1 Global Lactic Acid (CAS 50-21-5) Consumption Market Share by Application (2016-2021)	60
    6.2 Global Lactic Acid (CAS 50-21-5) Consumption Growth Rate by Application (2016-2021)	62

 7 KEY COMPANIES PROFILED	63
    7.1 Corbion	63
        7.1.1 Corbion Corporation Information	63
        7.1.2 Corbion Introduction and Business Overview	63
        7.1.3 Corbion Lactic Acid (CAS 50-21-5) Production Capacity, Revenue, Price and Gross Margin (2016-2021)	64
        7.1.4 Corbion Lactic Acid Products Offered	64
    7.2 NatureWorks	65
        7.2.1 NatureWorks Corporation Information	65
        7.2.2 NatureWorks Introduction and Business Overview	66
        7.2.3 NatureWorks Lactic Acid (CAS 50-21-5) Production Capacity, Revenue, Price and Gross Margin (2016-2021)	66
        7.2.4 NatureWorks Lactic Acid Products Offered	66
    7.3 Henan Jindan Lactic Acid Technology	67
        7.3.1 Henan Jindan Lactic Acid Technology Corporation Information	67
        7.3.2 Henan Jindan Lactic Acid Technology Introduction and Business Overview	67
        7.3.3 Henan Jindan Lactic Acid Technology Lactic Acid (CAS 50-21-5) Production Capacity, Revenue, Price and Gross Margin (2016-2021)	67
        7.3.4 Henan Jindan Lactic Acid Technology Lactic Acid Products Offered	68
    7.4 Galactic	69
        7.4.1 Galactic Corporation Information	69
        7.4.2 Galactic Introduction and Business Overview	69
        7.4.3 Galactic Lactic Acid (CAS 50-21-5) Production Capacity, Revenue, Price and Gross Margin (2016-2021)	70
        7.4.4 Galactic Lactic Acid Products Offered	70
    7.5 BBCA Group	70
        7.5.1 BBCA Group Corporation Information	70
        7.5.2 BBCA Group Introduction and Business Overview	71
        7.5.3 BBCA Group Lactic Acid (CAS 50-21-5) Production Capacity, Revenue, Price and Gross Margin (2016-2021)	71
        7.5.4 BBCA Group Lactic Acid Products Offered	72
    7.6 Jungbunzlauer	72
        7.6.1 Jungbunzlauer Corporation Information	72
        7.6.2 Jungbunzlauer Introduction and Business Overview	72
        7.6.3 Jungbunzlauer Lactic Acid (CAS 50-21-5) Production Capacity, Revenue, Price and Gross Margin (2016-2021)	73
        7.6.4 Jungbunzlauer Lactic Acid Products Offered	73
    7.7 Shandong Parkson Biotechnology	75
        7.7.1 Shandong Parkson Biotechnology Corporation Information	75
        7.7.2 Shandong Parkson Biotechnology Introduction and Business Overview	75
        7.7.3 Shandong Parkson Biotechnology Lactic Acid (CAS 50-21-5) Production Capacity, Revenue, Price and Gross Margin (2016-2021)	76
        7.7.4 Shandong Parkson Biotechnology Lactic Acid Products Offered	76
    7.8 Musashino Chemical	77
        7.8.1 Musashino Chemical Corporation Information	77
        7.8.2 Musashino Chemical Introduction and Business Overview	77
        7.8.3 Musashino Chemical Lactic Acid (CAS 50-21-5) Production Capacity, Revenue, Price and Gross Margin (2016-2021)	78
        7.8.4 Musashino Chemical Lactic Acid Products Offered	78
    7.9 Henan Xinghan Biotechnology	79
        7.9.1 Henan Xinghan Biotechnology Corporation Information	79
        7.9.2 Henan Xinghan Biotechnology Introduction and Business Overview	79
        7.9.3 Henan Xinghan Biotechnology Lactic Acid (CAS 50-21-5) Production Capacity, Revenue, Price and Gross Margin (2016-2021)	80
        7.9.4 Henan Xinghan Biotechnology Lactic Acid Products Offered	80
    7.10 Wuhan Sanjiang Space Good Biotech	81
        7.10.1 Wuhan Sanjiang Space Good Biotech Corporation Information	81
        7.10.2 Wuhan Sanjiang Space Good Biotech Introduction and Business Overview	81
        7.10.3 Wuhan Sanjiang Space Good Biotech Lactic Acid (CAS 50-21-5) Production Capacity, Revenue, Price and Gross Margin (2016-2021)	82
        7.10.4 Wuhan Sanjiang Space Good Biotech Lactic Acid Products Offered	82
    7.11 Shandong Shouguang Juneng Golden	83
        7.11.1 Shandong Shouguang Juneng Golden Corporation Information	83
        7.11.2 Shandong Shouguang Juneng Golden Introduction and Business Overview	84
        7.11.3 Shandong Shouguang Juneng Golden Lactic Acid (CAS 50-21-5) Production Capacity, Revenue, Price and Gross Margin (2016-2021)	84
        7.11.4 Shandong Shouguang Juneng Golden Lactic Acid Products Offered	84
    7.12 Shanxi Leda Biochemical	85
        7.12.1 Shanxi Leda Biochemical Corporation Information	85
        7.12.2 Shanxi Leda Biochemical Introduction and Business Overview	85
        7.12.3 Shanxi Leda Biochemical Lactic Acid (CAS 50-21-5) Production Capacity, Revenue, Price and Gross Margin (2016-2021)	86
        7.12.4 Shanxi Leda Biochemical Lactic Acid Products Offered	86
    7.13 Shangdong Fullsail	87
        7.13.1 Shangdong Fullsail Corporation Information	87
        7.13.2 Shangdong Fullsail Introduction and Business Overview	87
        7.13.3 Shangdong Fullsail Lactic Acid (CAS 50-21-5) Production Capacity, Revenue, Price and Gross Margin (2016-2021)	87
        7.13.4 Shangdong Fullsail Lactic Acid Products Offered	88

 8 LACTIC ACID (CAS 50-21-5) MANUFACTURING COST ANALYSIS	89
    8.1 Lactic Acid (CAS 50-21-5) Key Raw Materials Analysis	89
        8.1.1 Key Raw Materials Price	90
        8.1.2 Raw Materials Key Suppliers	90
    8.2 Proportion of Manufacturing Cost Structure	91
    8.3 Manufacturing Process Analysis of Lactic Acid (CAS 50-21-5)	91
    8.4 Lactic Acid (CAS 50-21-5) Industrial Chain Analysis	92

 9 MARKETING CHANNEL, DISTRIBUTORS AND CUSTOMERS	93
    9.1 Marketing Channel	93
    9.2 Lactic Acid (CAS 50-21-5) Distributors List	94
    9.3 Lactic Acid (CAS 50-21-5) Customers	95

 10 LACTIC ACID (CAS 50-21-5) MARKET DYNAMICS	97
    10.1 Lactic Acid (CAS 50-21-5) Industry Trends	97
    10.2 Lactic Acid (CAS 50-21-5) Growth Drivers	98
    10.3 Lactic Acid (CAS 50-21-5) Market Challenges	100
    10.4 Lactic Acid (CAS 50-21-5) Market Restraints	102

 11 PRODUCTION AND SUPPLY FORECAST	106
    11.1 Global Forecasted Production of Lactic Acid (CAS 50-21-5) by Region (2022-2027)	106
    11.2 North America Lactic Acid (CAS 50-21-5) Production, Revenue Forecast (2022-2027)	107
    11.3 Europe Lactic Acid (CAS 50-21-5) Production, Revenue Forecast (2022-2027)	109
    11.4 Southeast Asia Lactic Acid (CAS 50-21-5) Production, Revenue Forecast (2022-2027)	111
    11.5 China Lactic Acid (CAS 50-21-5) Production, Revenue Forecast (2022-2027)	113

 12 CONSUMPTION AND DEMAND FORECAST	115
    12.1 Global Forecasted Demand Analysis of Lactic Acid (CAS 50-21-5) by Regions	115
    12.2 North America Forecasted Consumption of Lactic Acid (CAS 50-21-5) by Country	115
    12.3 Europe Market Forecasted Consumption of Lactic Acid (CAS 50-21-5) by Country	115
    12.4 Asia Pacific Market Forecasted Consumption of Lactic Acid (CAS 50-21-5) by Region	116
    12.5 South America Forecasted Consumption of Lactic Acid (CAS 50-21-5) by Country	116

 13 FORECAST BY TYPE AND BY APPLICATION (2022-2027)	117
    13.1 Global Production, Revenue and Price Forecast by Type (2022-2027)	117
        13.1.1 Global Forecasted Production of Lactic Acid (CAS 50-21-5) by Type (2022-2027)	117
        13.1.2 Global Forecasted Revenue of Lactic Acid (CAS 50-21-5) by Type (2022-2027)	117
        13.1.3 Global Forecasted Price of Lactic Acid (CAS 50-21-5) by Type (2022-2027)	118
    13.2 Global Forecasted Consumption of Lactic Acid (CAS 50-21-5) by Application (2022-2027)	118

 14 RESEARCH FINDINGS AND CONCLUSION	120

 15 METHODOLOGY AND DATA SOURCE	121
    15.1 Methodology/Research Approach	121
        15.1.1 Research Programs/Design	121
        15.1.2 Market Size Estimation	122
        15.1.3 Market Breakdown and Data Triangulation	123
    15.2 Data Source	124
        15.2.1 Secondary Sources	124
        15.2.2 Primary Sources	125
    15.3 Author List	126
    15.4 Disclaimer	126

Table 1. Global Lactic Acid (CAS 50-21-5) Market Size by Type (K MT) & (2021 VS 2027)	2
Table 2. Global Lactic Acid (CAS 50-21-5) Consumption (K MT) Comparison by Application: 2016 VS 2021 VS 2027	4
Table 3. Lactic Acid (CAS 50-21-5) Market Size Comparison by Region: 2016 VS 2021 VS 2027	12
Table 4. Global Lactic Acid (CAS 50-21-5) Production Capacity (K MT) by Manufacturers	16
Table 5. Global Lactic Acid (CAS 50-21-5) Production (K MT) by Manufacturers (2016-2021)	17
Table 6. Global Lactic Acid (CAS 50-21-5) Production Market Share by Manufacturers (2016-2021)	17
Table 7. Global Lactic Acid (CAS 50-21-5) Revenue (US$ Million) by Manufacturers (2016-2021)	19
Table 8. Global Lactic Acid (CAS 50-21-5) Revenue Share by Manufacturers (2016-2021)	19
Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Lactic Acid (CAS 50-21-5) as of 2020)	21
Table 10. Global Market Lactic Acid (CAS 50-21-5) Average Price (USD/MT) of Key Manufacturers (2016-2021)	22
Table 11. Manufacturers Lactic Acid (CAS 50-21-5) Production Sites	22
Table 12. Manufacturers Lactic Acid (CAS 50-21-5) Product Type	23
Table 13. Mergers & Acquisitions, Expansion Plans	24
Table 14. Global Lactic Acid (CAS 50-21-5) Production Capacity (K MT) by Region (2016-2021)	27
Table 15. Global Lactic Acid (CAS 50-21-5) Production (K MT) by Region (2016-2021)	27
Table 16. Global Lactic Acid (CAS 50-21-5) Production Market Share by Region (2016-2021)	27
Table 17. Global Lactic Acid (CAS 50-21-5) Revenue (US$ Million) by Region (2016-2021)	28
Table 18. Global Lactic Acid (CAS 50-21-5) Revenue Market Share by Region (2016-2021)	28
Table 19. Global Lactic Acid (CAS 50-21-5) Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)	28
Table 20. North America Lactic Acid (CAS 50-21-5) Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)	29
Table 21. Europe Lactic Acid (CAS 50-21-5) Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)	30
Table 22. Southeast Asia Lactic Acid (CAS 50-21-5) Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)	32
Table 23. China Lactic Acid (CAS 50-21-5) Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)	33
Table 24. Global Lactic Acid (CAS 50-21-5) Consumption by Region (2016-2021) & (K MT)	34
Table 25. Global Lactic Acid (CAS 50-21-5) Consumption Market Share by Region (2016-2021)	34
Table 26. North America Lactic Acid (CAS 50-21-5) Consumption by Country (2016-2021) & (K MT)	36
Table 27. Europe Lactic Acid (CAS 50-21-5) Consumption by Country (2016-2021) & (K MT)	40
Table 28. Asia Pacific Lactic Acid (CAS 50-21-5) Consumption by Region (2016-2021) & (K MT)	46
Table 29. South America Lactic Acid (CAS 50-21-5) Consumption by Country (2016-2021) & (K MT)	53
Table 30. Global Lactic Acid (CAS 50-21-5) Production (K MT) by Type (2016-2021)	56
Table 31. Global Lactic Acid (CAS 50-21-5) Production Market Share by Type (2016-2021)	56
Table 32. Global Lactic Acid (CAS 50-21-5) Revenue (US$ Million) by Type (2016-2021)	58
Table 33. Global Lactic Acid (CAS 50-21-5) Revenue Share by Type (2016-2021)	58
Table 34. Global Lactic Acid (CAS 50-21-5) Price (USD/MT) by Type (2016-2021)	59
Table 35. Global Lactic Acid (CAS 50-21-5) Consumption by Application (2016-2021) & (K MT)	60
Table 36. Global Lactic Acid (CAS 50-21-5) Consumption Market Share by Application (2016-2021)	60
Table 37. Corbion Corporation Information	63
Table 38. Corbion Lactic Acid (CAS 50-21-5) Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)	64
Table 39. Corbion Lactic Acid Product	64
Table 40. NatureWorks Corporation Information	65
Table 41. NatureWorks Lactic Acid (CAS 50-21-5) Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)	66
Table 42. NatureWorks Lactic Acid Product	66
Table 43. Henan Jindan Lactic Acid Technology Corporation Information	67
Table 44. Henan Jindan Lactic Acid Technology Lactic Acid (CAS 50-21-5) Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)	67
Table 45. Henan Jindan Lactic Acid Technology Lactic Acid Product	68
Table 46. Galactic Corporation Information	69
Table 47. Galactic Lactic Acid (CAS 50-21-5) Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)	70
Table 48. Galactic Lactic Acid Product	70
Table 49. BBCA Group Corporation Information	70
Table 50. BBCA Group Lactic Acid (CAS 50-21-5) Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)	71
Table 51. BBCA Group Lactic Acid Product	72
Table 52. Jungbunzlauer Corporation Information	72
Table 53. Jungbunzlauer Lactic Acid (CAS 50-21-5) Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)	73
Table 54. Jungbunzlauer Lactic Acid Product	73
Table 55. Shandong Parkson Biotechnology Corporation Information	75
Table 56. Shandong Parkson Biotechnology Lactic Acid (CAS 50-21-5) Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)	76
Table 57. Shandong Parkson Biotechnology Lactic Acid Product	76
Table 58. Musashino Chemical Corporation Information	77
Table 59. Musashino Chemical Lactic Acid (CAS 50-21-5) Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)	78
Table 60. Musashino Chemical Lactic Acid Product	78
Table 61. Henan Xinghan Biotechnology Corporation Information	79
Table 62. Henan Xinghan Biotechnology Lactic Acid (CAS 50-21-5) Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)	80
Table 63. Henan Xinghan Biotechnology Lactic Acid Product	80
Table 64. Wuhan Sanjiang Space Good Biotech Corporation Information	81
Table 65. Wuhan Sanjiang Space Good Biotech Lactic Acid (CAS 50-21-5) Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)	82
Table 66. Wuhan Sanjiang Space Good Biotech Lactic Acid Product	82
Table 67. Shandong Shouguang Juneng Golden Corporation Information	83
Table 68. Shandong Shouguang Juneng Golden Lactic Acid (CAS 50-21-5) Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)	84
Table 69. Shandong Shouguang Juneng Golden Lactic Acid Product	84
Table 70. Shanxi Leda Biochemical Corporation Information	85
Table 71. Shanxi Leda Biochemical Lactic Acid (CAS 50-21-5) Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)	86
Table 72. Shanxi Leda Biochemical Lactic Acid Product	86
Table 73. Shangdong Fullsail Corporation Information	87
Table 74. Shangdong Fullsail Lactic Acid (CAS 50-21-5) Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)	87
Table 75. Shangdong Fullsail Lactic Acid Product	88
Table 76. Key Raw Materials Lists	89
Table 77. Raw Materials Key Suppliers Lists	90
Table 78. Lactic Acid (CAS 50-21-5) Distributors List	94
Table 79. Lactic Acid (CAS 50-21-5) Customers List	95
Table 80. Lactic Acid (CAS 50-21-5) Market Trends	97
Table 81. Lactic Acid Market Drivers	98
Table 82. Global Lactic Acid (CAS 50-21-5) Production (K MT) Forecast by Region (2022-2027)	106
Table 83. Global Lactic Acid (CAS 50-21-5) Production Market Share Forecast by Region (2022-2027)	106
Table 84. Global Forecasted Demand Analysis of Lactic Acid (CAS 50-21-5) (2015-2027) & (K MT) by Regions	115
Table 85. North America Lactic Acid (CAS 50-21-5) Consumption Forecast by Country (2022-2027) & (K MT)	115
Table 86. Europe Lactic Acid (CAS 50-21-5) Consumption Forecast by Country (2022-2027) & (K MT)	115
Table 87. Asia Pacific Lactic Acid (CAS 50-21-5) Consumption Forecast by Region (2022-2027) & (K MT)	116
Table 88. South America Lactic Acid (CAS 50-21-5) Consumption Forecast by Country (2022-2027) & (K MT)	116
Table 89. Global Lactic Acid (CAS 50-21-5) Production Forecast by Type (2022-2027) & (K MT)	117
Table 90. Global Lactic Acid (CAS 50-21-5) Production Market Share Forecast by Type (2022-2027)	117
Table 91. Global Lactic Acid (CAS 50-21-5) Revenue Forecast by Type (2022-2027) & (US$ Million)	117
Table 92. Global Lactic Acid (CAS 50-21-5) Revenue Market Share Forecast by Type (2022-2027)	118
Table 93. Global Lactic Acid (CAS 50-21-5) Price Forecast by Type (2022-2027) & (USD/MT)	118
Table 94. Global Lactic Acid (CAS 50-21-5) Consumption (K MT) Forecast by Application (2022-2027)	118
Table 95. Global Lactic Acid (CAS 50-21-5) Consumption Forecast by Application (2022-2027)	118
Table 96. Research Programs/Design for This Report	121
Table 97. Key Data Information from Secondary Sources	124
Table 98. Key Data Information from Primary Sources	125


List of Figures

Figure 1. Lactic Acid Product Picture	1
Figure 2. Global Lactic Acid (CAS 50-21-5) Market Share by Type in 2020	2
Figure 3. Product Picture of L-Lactic Acid	3
Figure 4. Product Picture of D-Lactic Acids	3
Figure 5. Product Picture of DL-Lactic Acid	4
Figure 6. Global Lactic Acid (CAS 50-21-5) Market Share by Application in 2020	5
Figure 7. Product Picture of Food & Beverage	6
Figure 8. Product Picture of Polylactic Acids	6
Figure 9. Product Picture of Industrial	7
Figure 10. Product Picture of Pharmaceutical	8
Figure 11. Product Picture of Personal Care	8
Figure 12. Global Lactic Acid (CAS 50-21-5) Revenue (US$ Million), 2016 VS 2021 VS 2027	9
Figure 13. Global Lactic Acid (CAS 50-21-5) Revenue (US$ Million) (2016-2027)	10
Figure 14. Global Lactic Acid (CAS 50-21-5) Production Capacity (K MT) & (2016-2027)	10
Figure 15. Global Lactic Acid (CAS 50-21-5) Production (K MT) & (2016-2027)	11
Figure 16. North America Lactic Acid (CAS 50-21-5) Revenue (US$ Million) Growth Rate (2016-2027)	12
Figure 17. Europe Lactic Acid (CAS 50-21-5) Revenue (US$ Million) Growth Rate (2016-2027)	13
Figure 18. Japan Lactic Acid (CAS 50-21-5) Revenue (US$ Million) Growth Rate (2016-2027)	14
Figure 19. China Lactic Acid (CAS 50-21-5) Revenue (US$ Million) Growth Rate (2016-2027)	14
Figure 20. Lactic Acid (CAS 50-21-5) Production Share by Manufacturers in 2020	18
Figure 21. Global Lactic Acid (CAS 50-21-5) Revenue Share by Manufacturers in 2020	20
Figure 22. The Global 5 Largest Players: Market Share by Lactic Acid (CAS 50-21-5) Revenue in 2020	24
Figure 23. North America Lactic Acid (CAS 50-21-5) Production (K MT) Growth Rate (2016-2021)	29
Figure 24. Europe Lactic Acid (CAS 50-21-5) Production (K MT) Growth Rate (2016-2021)	30
Figure 25. Southeast Asia Lactic Acid (CAS 50-21-5) Production (K MT) Growth Rate (2016-2021)	31
Figure 26. China Lactic Acid (CAS 50-21-5) Production (K MT) Growth Rate (2016-2021)	32
Figure 27. Global Lactic Acid (CAS 50-21-5) Consumption Market Share by Region (2016-2021)	35
Figure 28. North America Lactic Acid (CAS 50-21-5) Consumption and Growth Rate (2016-2021) & (K MT)	35
Figure 29. North America Lactic Acid (CAS 50-21-5) Consumption Market Share by Country in 2020	36
Figure 30. U.S. Lactic Acid (CAS 50-21-5) Consumption and Growth Rate (2016-2021) & (K MT)	37
Figure 31. Canada Lactic Acid (CAS 50-21-5) Consumption (K MT) and Growth Rate (2016-2021)	38
Figure 32. Mexico Lactic Acid (CAS 50-21-5) Consumption (K MT) and Growth Rate (2016-2021)	39
Figure 33. Europe Lactic Acid (CAS 50-21-5) Consumption and Growth Rate (2016-2021) & (K MT)	40
Figure 34. Europe Lactic Acid (CAS 50-21-5) Consumption Market Share by Country in 2020	41
Figure 35. Germany Lactic Acid (CAS 50-21-5) Consumption and Growth Rate (2016-2021) & (K MT)	41
Figure 36. France Lactic Acid (CAS 50-21-5) Consumption and Growth Rate (2016-2021) & (K MT)	42
Figure 37. U.K. Lactic Acid (CAS 50-21-5) Consumption and Growth Rate (2016-2021) & (K MT)	43
Figure 38. Italy Lactic Acid (CAS 50-21-5) Consumption and Growth Rate (2016-2021) & (K MT)	44
Figure 39. Russia Lactic Acid (CAS 50-21-5) Consumption and Growth Rate (2016-2021) & (K MT)	45
Figure 40. Asia Pacific Lactic Acid (CAS 50-21-5) Consumption and Growth Rate (K MT)	46
Figure 41. Asia Pacific Lactic Acid (CAS 50-21-5) Consumption Market Share by Region in 2020	47
Figure 42. China Lactic Acid (CAS 50-21-5) Consumption and Growth Rate (2016-2021) & (K MT)	47
Figure 43. Japan Lactic Acid (CAS 50-21-5) Consumption and Growth Rate (2016-2021) & (K MT)	48
Figure 44. South Korea Lactic Acid (CAS 50-21-5) Consumption and Growth Rate (2016-2021) & (K MT)	49
Figure 45. Southeast Asia Lactic Acid (CAS 50-21-5) Consumption and Growth Rate (2016-2021) & (K MT)	50
Figure 46. India Lactic Acid (CAS 50-21-5) Consumption and Growth Rate (2016-2021) & (K MT)	51
Figure 47. Australia Lactic Acid (CAS 50-21-5) Consumption and Growth Rate (2016-2021) & (K MT)	52
Figure 48. South America Lactic Acid (CAS 50-21-5) Consumption and Growth Rate (K MT)	53
Figure 49. South America Lactic Acid (CAS 50-21-5) Consumption Market Share by Country in 2020	54
Figure 50. Brazil Lactic Acid (CAS 50-21-5) Consumption and Growth Rate (2016-2021) & (K MT)	54
Figure 51. Argentina Lactic Acid (CAS 50-21-5) Consumption and Growth Rate (2016-2021) & (K MT)	55
Figure 52. Production Market Share of Lactic Acid (CAS 50-21-5) by Type (2016-2021)	57
Figure 53. Production Market Share of Lactic Acid (CAS 50-21-5) by Type in 2020	57
Figure 54. Revenue Share of Lactic Acid (CAS 50-21-5) by Type (2016-2021)	58
Figure 55. Revenue Market Share of Lactic Acid (CAS 50-21-5) by Type in 2020	59
Figure 56. Global Lactic Acid (CAS 50-21-5) Consumption Market Share by Application (2016-2021)	61
Figure 57. Global Lactic Acid (CAS 50-21-5) Consumption Market Share by Application in 2020	61
Figure 58. Global Lactic Acid (CAS 50-21-5) Consumption Growth Rate by Application (2016-2021)	62
Figure 59. Corn: Production by Year, US	89
Figure 60. Corn Price (USD/Bushel)	90
Figure 61. Manufacturing Cost Structure of Lactic Acid (CAS 50-21-5)	91
Figure 62. Manufacturing Process Analysis of Lactic Acid (CAS 50-21-5)	92
Figure 63. Lactic Acid (CAS 50-21-5) Industrial Chain Analysis	92
Figure 64. Channels of Distribution	94
Figure 65. Distributors Profiles	95
Figure 66. World Carbon Dioxide Emissions from 2008 to 2018, by region (in million metric tons of carbon dioxide)*	99
Figure 67. Global Chemical Industry Market Share	103
Figure 68. North America Lactic Acid (CAS 50-21-5) Production (K MT) Growth Rate Forecast (2022-2027)	107
Figure 69. North America Lactic Acid (CAS 50-21-5) Revenue (US$ Million) Growth Rate Forecast (2022-2027)	108
Figure 70. Europe Lactic Acid (CAS 50-21-5) Production (K MT) Growth Rate Forecast (2022-2027)	109
Figure 71. Europe Lactic Acid (CAS 50-21-5) Revenue (US$ Million) Growth Rate Forecast (2022-2027)	110
Figure 72. Southeast Asia Lactic Acid (CAS 50-21-5) Production (K MT) Growth Rate Forecast (2022-2027)	111
Figure 73. Southeast Asia Lactic Acid (CAS 50-21-5) Revenue (US$ Million) Growth Rate Forecast (2022-2027)	112
Figure 74. China Lactic Acid (CAS 50-21-5) Production (K MT) Growth Rate Forecast (2022-2027)	113
Figure 75. China Lactic Acid (CAS 50-21-5) Revenue (US$ Million) Growth Rate Forecast (2022-2027)	114
Figure 76. Bottom-up and Top-down Approaches for This Report	123
Figure 77. Data Triangulation	124

Market Analysis and Insights: Global Lactic Acid (CAS 50-21-5) Market
The global Lactic Acid (CAS 50-21-5) market was valued at USD 966.13 million in 2020 and is expected to reach USD 1764.50 million by the end of 2027, growing at a CAGR of 3.03% between 2021 and 2027.

Segment by Type
DL-Lactic Acid
D-Lactic Acid
L-Lactic Acid

Segment by Application
Food & Beverage
Polylactic Acid
Industrial
Pharmaceutical
Personal Care
Others

Production by Region
China
North America
SEA
Europe

Consumption by Region
North America
U.S.
Canada
Mexico

Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Other Regions

Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe

South America
Brazil
Argentina
Rest of South America

Industry: Chemical & Material

Published: 2021-10-15

Pages: 143 Pages

Report ld: 348547

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