The new research report on Lactic Acid Market offered by DecisionDatabases.com provides Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2024. This report examines the global lactic acid market and provides information regarding the revenue (USD Million) and volume (Kilo Tons) for the period 2017 to 2024. It further elaborates the market drivers which contribute to the growth. It then describes the restraints that are faced by the market. The market is classified into various segments with deep analysis of each segment for the study period.
Lactic acid is a water-soluble organic compound of alpha hydroxy acid (AHA). This compound is produced naturally as well as synthetically. This water-soluble solid/liquid is found naturally in sour dairy products and fermented fruits and vegetables. It is produced commercially by fermentation of carbohydrates or by chemical synthesis. It also finds usage in several biochemical processes as lactate.
The major market driver is increase demand from personal care product. The market growth might be restricted due to volatility of raw material prices under the study period.
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Report includes a detailed analysis on value chain in order to provide a holistic view of the lactic acid market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the lactic acid industry, from raw material suppliers to end-users. Market attractiveness analysis has been included in order to analyze the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, availability of raw materials, competition, and other factors such as social and legal constraints.
The report also covers the complete competitive landscape of the worldwide market with company profiles of key players such as Archer Daniels Midland Company, BASF, Corbion N.V., Galactic S.A, Jungbunzlauer, NatureWorks LLC, Plaxica, Synbra Technology B.V., Teijin Ltd. and The DOW Chemical Company. In terms of geography, the lactic acid market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
Table Of Contents – Overview
1.Introduction
2.Executive Summary
3.Market Analysis
4.Lactic Acid Market Analysis By Application
5.Lactic Acid Market Analysis By Region
6.Competitive Landscape Of Lactic Acid Companies
7.Company Profiles Of Lactic Acid Industry
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