Lactic Acid Ester Market - Top Companies and Manufacturers

  • Report ID: 4321
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Companies Dominating the Lactic Acid Ester Landscape

    • Zhengzhou Tianrun Lactic Acid Co., Ltd.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • TRC Inc
    • Otto Chemie Pvt. Ltd.
    • Godavari Biorefineries Limited
    • International Flavors & Fragrances Inc.
    • Henan Jindan Lactic Acid Technology Co., Ltd.
    • CORBION NV
    • VERTEC BIOSOLVENTS INC.
    • Biological Engineering Co., Ltd.
    • Musashino Chemical Laboratory Ltd.

Browse Key Market Insights with Data Illustration:

In the News

  • Corbion N.V.  announce its customer Support and innovation center in Singapore, which will allow Corbion to collaborate with customers in the Asia Pacific region for food preservation and stability.

  •  Godavari Biorefineries Limited inaugurated bio-based chemical manufacturing facility at Sakarwadi, Maharashtra. It also launched a research laboratory for advanced bio-chemical research and to enhance the manufacturing processes of new chemicals in the pipeline


Author Credits:  Rajrani Baghel


  • Report ID: 4321
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of lactic acid ester is assessed at USD 698.77 million.

The lactic acid ester market size was over USD 654.08 million in 2024 and is projected to reach USD 1.11 billion by 2037, growing at around 4.2% CAGR during the forecast period i.e., between 2025-2037. The increasing use of lactic acid esters as solvents in the electronics industry and an upsurge in the production of eco-friendly agrochemicals will boost the market growth.

Asia Pacific industry is expected to dominate majority revenue share of 36% by 2037, attributed to increasing production of semiconductors and other microchips in the region.

The major players in the market are Zhengzhou Tianrun Lactic Acid Co., Ltd., TRC Inc, Otto Chemie Pvt. Ltd., Godavari Biorefineries Limited, International Flavors & Fragrances Inc., Henan Jindan Lactic Acid Technology Co., Ltd., CORBION NV, VERTEC BIOSOLVENTS INC., Biological Engineering Co., Ltd., Musashino Chemical Laboratory Ltd.
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