Global Ethyl Lactate Market Report 2024

Ethyl Lactate Global Market Report 2024 – By Grade (Food Grade, Medical Grade, Industrial Grade, Other Grades), By Application (Adhesives, Cleaners, Inks, Solvents, Food Additives, Fragrances, Other Applications), By End User (Food and Beverages, Electronics, Paints and Coatings, Packaging and Printing ink, Pharmaceuticals, Cosmetics and Personal Care, Industrial Cleaning, Agrochemicals) – Market Size, Trends, And Global Forecast 2024-2033

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Ethyl Lactate Global Market Report 2024

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Ethyl Lactate Market Definition And Segments

Ethyl lactate is a natural, organic compound that is produced by the fermentation of lactic acid and ethanol. It is a colorless liquid with a mild, sweet, and fruity taste. It is used as a solvent for cellulose acetate, cellulose ethers, and nitrocellulose.

The main grades of ethyl lactate are food grade, medical grade, industrial grade, and others. Food-grade ethyl lactate is a type of organic compound that is used as a food additive in the food and beverage industry. It is used in several applications including adhesives, cleaners, inks, solvents, food additives, fragrances, and others by various end users such as food and beverages, electronics, paints and coatings, packaging and printing ink, pharmaceuticals, cosmetics, and personal care, industrial cleaning, and agrochemicals.

The ethyl lactate market covered in this report is segmented –

1) By Grade: Food Grade, Medical Grade, Industrial Grade, Other Grades

2) By Application: Adhesives, Cleaners, Inks, Solvents, Food Additives, Fragrances, Other Applications

3) By End User: Food and Beverages, Electronics, Paints and Coatings, Packaging and Printing ink, Pharmaceuticals, Cosmetics and Personal Care, Industrial Cleaning, Agrochemicals

The ethyl lactate market size has grown strongly in recent years. It will grow from $2.31 billion in 2023 to $2.52 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to biodegradability and eco-friendly characteristics, growing emphasis on green chemistry, expanding industrial applications, substitute for conventional solvents, rising awareness of VOC emissions, effective paint stripping properties, growth in bio-based chemicals market.

The ethyl lactate market size is expected to see rapid growth in the next few years. It will grow to $3.71 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to increased emphasis on circular economy, stricter environmental regulations, emergence of bio-refineries, focus on sustainable agriculture practices, demand for low-toxicity solvents, waste reduction in manufacturing processes, renewable feedstock utilization. Major trends in the forecast period include advancements in production technologies, advancements in formulation technologies, integration in 3d printing applications, development of next-generation bio-solvents, adoption in printing inks.

Ethyl Lactate Market Surges With The Rise In The Food And Beverage Industry

The rise in the food and beverage industry is expected to boost the growth of the ethyl lactate market going forward. The food and beverage industry are the sector of the economy that is responsible for the production, distribution, and consumption of food and beverages. Ethyl lactate is a natural, organic compound that is used in the food and beverage industries as a flavor enhancer and solvent. It is produced by the fermentation of lactic acid and ethanol, and it has a mild, sweet, and fruity taste. Ethyl lactate is commonly used in the production of confectionery, baked goods, and dairy products, as well as in the formulation of flavors and fragrances. For instance, in September 2022, according to a report published by the US Bureau of Labor Statistics, a US-based agency in the field of labor economics and statistics, spending on food increased by 13.4% from the prior year. Spending on food outside the house increased by 27.6%, while spending on food inside the home increased by 6.6%. Additionally, in 2021, spending on alcoholic beverages increased by 15.9%. Therefore, the rise in the food and beverage industry is driving the growth of the ethyl lactate market.

Ethyl Lactate Market Surges With The Expansion Of Cosmetic And Personal Care Industries

The expansion of the cosmetic and personal care industries is expected to propel the growth of the ethyl lactate market going forward. The cosmetic and personal care industry refers to businesses that manufacture skincare, hair care, makeup, fragrances, toiletries, and personal hygiene products with the intention of improving appearance and preserving human health. Ethyl lactate is used as a solvent in cosmetic and personal care product formulations, including skincare products, hair care products, and perfumes. Its solvency properties make it suitable for dissolving and incorporating various ingredients. For instance, in August 2023, according to Circana, Inc., a US-based media company, sales of prestige beauty products in the US reached $14 billion in the first half of 2023, a 15% rise over the same period in 2022. On the other hand, the mass beauty market generated $28 billion and saw 9% growth. Therefore, the expansion of the cosmetic and personal care industries is driving the growth of the ethyl lactate market.

Major companies operating in the ethyl lactate market report are Corbion NV, Galactic, Vertec BioSolvents Inc., Godavari Biorefineries Ltd., Henan Jindan Lactic Acid Technology Co Ltd., Yancheng Hongtai Bioengineering, Haijianuo Bioengineer, Aurochemicals, TCI Chemicals (India) Pvt. Ltd., The Archer-Daniels-Midland Company, Zhengzhou Tianrun Lactic Acid Co Ltd., Jindan Lactic Acid, Merck Group, Stepan Company, Badische Anilin- und Sodafabrik, Corbion NV, Safripol, Tate & Lyle, Vertec BioSolvents, Flavor and Fragrance Specialties, Coatings and Paint Manufacturers, Green Cleaning Product Manufacturer, Biotechnology and Chemical Research Firm, Ink and Printing Companies, Pharmaceutical and Cosmetic Manufacturers, Musashino Chemical Laboratory, Huade Biological Engineering, Jindan Lactic Acid Technology, Cayman Chemical, Chem-Impex International .

Production Expansion Emerges As Key Trend In The Ethyl Lactate Market

Production expansion is a key trend in gaining popularity in the ethyl lactate market. Major companies operating in the ethyl lactate market are focused on increasing production capacity to strengthen their position in the market. For instance, in March 2021, Corbion a Netherland-based food and biochemicals company increase its capacity for producing lactic acid and lactic-acid derivatives ahead of its previously announced major expansion in Thailand scheduled for 2023. The global initiative, which involves making capital investments at four current Corbion facilities to increase efficiencies and take advantage of synergies, is anticipated to result in a combined additional output that is roughly equivalent to a new production site without having to construct one. It is important to address the clients' more urgent requirements before making arrangements to anticipate their longer-term desires. Customers will immediately benefit from improved security while the company makes these investments in efficiency.

Ethyl Lactate Market Sees Growth Through Product Developments Like Kangoo Shampoo

Major companies operating in the ethyl lactate market are focusing on product developments and launches, such as advanced shampoo, to provide reliable services to customers. Advanced shampoos are designed to address specific hair concerns and provide more comprehensive benefits than traditional shampoos. For instance, in November 2022, Urano, a Germany-based company that specializes in the machining and processing of high-quality products used in the aerospace, medical, energy, and semiconductor industries, launched Kangoo, an innovative range of shampoos. These shampoos are designed for pets, like dogs and cats, with a focus on protecting their skin. Its uniqueness is its use of active ingredients that work together to care for and maintain the health of your pet's skin. These shampoos are made with special components that help strengthen the protective barrier of your pet's skin. A specific type of Kangoo shampoo is formulated to support the balance of the skin's microbiota in dogs and cats that are prone to pyoderma, a skin condition. The key ingredients in this shampoo include phytosphingosine, Quora noni, ethyl lactate, and biocitrus.

Stepan Company Acquires PerformanX Specialty Chemicals' Surfactant Business And Assets

In September 2022, Stepan Company, a US-based producer of intermediate and specialized chemicals used in a variety of industries, acquired the surfactant business and associated assets of PerformanX Specialty Chemicals for an undisclosed amount. With the help of this acquisition, Stepan Company is building a new foundation for the company's expansion in the specialty chemicals market. The acquisition includes intellectual property, commercial relationships, and inventory. PerformanX Specialty is a US-based company that manufactures surfactants and related chemistries.

Asia-Pacific was the largest region in the ethyl lactate market in 2023. The regions covered in the ethyl lactate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the ethyl lactate market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The ethyl lactate market consists of sales of cosmetic grade ethyl lactate, and food grade ethyl lactate that used as a solvent. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The ethyl lactate market research report is one of a series of new reports from The Business Research Company that provides ethyl lactate market statistics, including ethyl lactate industry global market size, regional shares, competitors with an ethyl lactate market share, detailed ethyl lactate market segments, market trends and opportunities, and any further data you may need to thrive in the ethyl lactate industry. This ethyl lactate market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Ethyl Lactate Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $2.52 billion
Revenue Forecast In 2033 $3.71 billion
Growth Rate CAGR of 10.2% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Grade: Food Grade, Medical Grade, Industrial Grade, Other Grades
2) By Application: Adhesives, Cleaners, Inks, Solvents, Food Additives, Fragrances, Other Applications
3) By End User: Food and Beverages, Electronics, Paints and Coatings, Packaging and Printing ink, Pharmaceuticals, Cosmetics and Personal Care, Industrial Cleaning, Agrochemicals
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Corbion NV; Galactic; Vertec BioSolvents Inc; Godavari Biorefineries Ltd; Henan Jindan Lactic Acid Technology Co Ltd; Yancheng Hongtai Bioengineering; Haijianuo Bioengineer; Aurochemicals; TCI Chemicals (India) Pvt. Ltd.; The Archer-Daniels-Midland Company; Zhengzhou Tianrun Lactic Acid Co Ltd; Jindan Lactic Acid; Merck Group; Stepan Company; Badische Anilin- und Sodafabrik; Corbion NV; Safripol; Tate & Lyle; Vertec BioSolvents; Flavor and Fragrance Specialties; Coatings and Paint Manufacturers; Green Cleaning Product Manufacturer; Biotechnology and Chemical Research Firm; Ink and Printing Companies; Pharmaceutical and Cosmetic Manufacturers; Musashino Chemical Laboratory; Huade Biological Engineering; Jindan Lactic Acid Technology; Cayman Chemical; Chem-Impex International
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    Table Of Contents

    1. Executive Summary

    2. Ethyl Lactate Market Characteristics

    3. Ethyl Lactate Market Trends And Strategies

    4. Ethyl Lactate Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Ethyl Lactate Market Size and Growth

    5.1. Global Ethyl Lactate Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Ethyl Lactate Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Ethyl Lactate Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Ethyl Lactate Market Segmentation

    6.1. Global Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Food Grade

    Medical Grade

    Industrial Grade

    Other Grades

    6.2. Global Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Adhesives

    Cleaners

    Inks

    Solvents

    Food Additives

    Fragrances

    Other Applications

    6.3. Global Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Food and Beverages

    Electronics

    Paints and Coatings

    Packaging and Printing ink

    Pharmaceuticals

    Cosmetics and Personal Care

    Industrial Cleaning

    Agrochemicals

    7. Ethyl Lactate Market Regional And Country Analysis

    7.1. Global Ethyl Lactate Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Ethyl Lactate Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Ethyl Lactate Market  

    8.1. Asia-Pacific Ethyl Lactate Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Ethyl Lactate Market  

    9.1. China Ethyl Lactate Market Overview  

    9.2. China Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Ethyl Lactate Market  

    10.1. India Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Ethyl Lactate Market  

    11.1. Japan Ethyl Lactate Market Overview  

    11.2. Japan Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Ethyl Lactate Market  

    12.1. Australia Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Ethyl Lactate Market  

    13.1. Indonesia Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Ethyl Lactate Market  

    14.1. South Korea Ethyl Lactate Market Overview  

    14.2. South Korea Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Ethyl Lactate Market  

    15.1. Western Europe Ethyl Lactate Market Overview

    15.2. Western Europe Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Ethyl Lactate Market  

    16.1. UK Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Ethyl Lactate Market  

    17.1. Germany Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Ethyl Lactate Market  

    18.5. France Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Ethyl Lactate Market  

    19.9. Italy Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Ethyl Lactate Market  

    20.13. Spain Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Ethyl Lactate Market  

    21.1. Eastern Europe Ethyl Lactate Market Overview

    21.2. Eastern Europe Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Ethyl Lactate Market  

    22.1. Russia Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Ethyl Lactate Market  

    23.1. North America Ethyl Lactate Market Overview

    23.2. North America Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Ethyl Lactate Market  

    24.1. USA Ethyl Lactate Market Overview

    24.2. USA Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Ethyl Lactate Market  

    25.1. Canada Ethyl Lactate Market Overview

    25.2. Canada Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Ethyl Lactate Market  

    26.1. South America Ethyl Lactate Market Overview

    26.2. South America Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Ethyl Lactate Market  

    27.1. Brazil Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Ethyl Lactate Market  

    28.1. Middle East Ethyl Lactate Market Overview

    28.2. Middle East Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Ethyl Lactate Market  

    29.1. Africa Ethyl Lactate Market Overview

    29.2. Africa Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Ethyl Lactate Market Competitive Landscape And Company Profiles

    30.1. Ethyl Lactate Market Competitive Landscape

    30.2. Ethyl Lactate Market Company Profiles

    30.2.1. Corbion NV

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Galactic

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Vertec BioSolvents Inc

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Godavari Biorefineries Ltd

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Henan Jindan Lactic Acid Technology Co Ltd

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Ethyl Lactate Market Competitive Benchmarking

    32. Global Ethyl Lactate Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Ethyl Lactate Market

    34. Ethyl Lactate Market Future Outlook and Potential Analysis

    34.1 Ethyl Lactate Market In 2028 - Countries Offering Most New Opportunities

    34.2 Ethyl Lactate Market In 2028 - Segments Offering Most New Opportunities

    34.3 Ethyl Lactate Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Ethyl Lactate Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Ethyl Lactate Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Corbion NV Financial Performance
  • Table 75: Galactic Financial Performance
  • Table 76: Vertec BioSolvents Inc Financial Performance
  • Table 77: Godavari Biorefineries Ltd Financial Performance
  • Table 78: Henan Jindan Lactic Acid Technology Co Ltd Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Ethyl Lactate Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Ethyl Lactate Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Ethyl Lactate Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Corbion NV Financial Performance
  • Figure 75: Galactic Financial Performance
  • Figure 76: Vertec BioSolvents Inc Financial Performance
  • Figure 77: Godavari Biorefineries Ltd Financial Performance
  • Figure 78: Henan Jindan Lactic Acid Technology Co Ltd Financial Performance
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Frequently Asked Questions

What is the definition of the ethyl lactate market?

Ethyl lactate is a natural, organic compound that is produced by the fermentation of lactic acid and ethanol. It is a colorless liquid with a mild, sweet, and fruity taste. It is used as a solvent for cellulose acetate, cellulose ethers, and nitrocellulose. For further insights on the ethyl lactate market, request a sample here

How will the ethyl lactate market drivers and restraints affect the ethyl lactate market dynamics? What forces will shape the ethyl lactate industry going forward?

The ethyl lactate market major growth driver - ethyl lactate market surges with the rise in the food and beverage industry. For further insights on the ethyl lactate market, request a sample here

What is the forecast market size or the forecast market value of the ethyl lactate market ?

The ethyl lactate market size has grown strongly in recent years. It will grow from $2.31 billion in 2023 to $2.52 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to biodegradability and eco-friendly characteristics, growing emphasis on green chemistry, expanding industrial applications, substitute for conventional solvents, rising awareness of voc emissions, effective paint stripping properties, growth in bio-based chemicals market.. The ethyl lactate market size is expected to see rapid growth in the next few years. It will grow to $3.71 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to increased emphasis on circular economy, stricter environmental regulations, emergence of bio-refineries, focus on sustainable agriculture practices, demand for low-toxicity solvents, waste reduction in manufacturing processes, renewable feedstock utilization.. Major trends in the forecast period include advancements in production technologies, advancements in formulation technologies, integration in 3d printing applications, development of next-generation bio-solvents, adoption in printing inks.. For further insights on the ethyl lactate market, request a sample here

How is the ethyl lactate market segmented?

The ethyl lactate market is segmented
1) By Grade: Food Grade, Medical Grade, Industrial Grade, Other Grades
2) By Application: Adhesives, Cleaners, Inks, Solvents, Food Additives, Fragrances, Other Applications
3) By End User: Food and Beverages, Electronics, Paints and Coatings, Packaging and Printing ink, Pharmaceuticals, Cosmetics and Personal Care, Industrial Cleaning, AgrochemicalsFor further insights on the ethyl lactate market, request a sample here

Which region has the largest share of the ethyl lactate market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the ethyl lactate market in 2023. The regions covered in the ethyl lactate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the ethyl lactate market, request a sample here.

Who are the major players in the ethyl lactate market?

Major companies operating in the ethyl lactate market report are Corbion NV, Galactic, Vertec BioSolvents Inc, Godavari Biorefineries Ltd, Henan Jindan Lactic Acid Technology Co Ltd, Yancheng Hongtai Bioengineering, Haijianuo Bioengineer, Aurochemicals, TCI Chemicals (India) Pvt. Ltd., The Archer-Daniels-Midland Company, Zhengzhou Tianrun Lactic Acid Co Ltd, Jindan Lactic Acid, Merck Group, Stepan Company, Badische Anilin- und Sodafabrik, Corbion NV, Safripol, Tate & Lyle, Vertec BioSolvents, Flavor and Fragrance Specialties, Coatings and Paint Manufacturers, Green Cleaning Product Manufacturer, Biotechnology and Chemical Research Firm, Ink and Printing Companies, Pharmaceutical and Cosmetic Manufacturers, Musashino Chemical Laboratory, Huade Biological Engineering, Jindan Lactic Acid Technology, Cayman Chemical, Chem-Impex International . For further insights on the ethyl lactate market, request a sample here.

What are the key trends in the ethyl lactate market?

Major trend in the ethyl lactate market - production expansion emerges as key trend in the ethyl lactate market. For further insights on the ethyl lactate market, request a sample here.

What are the major opportunities in the ethyl lactate market? What are the strategies for the ethyl lactate market?

For detailed insights on the major opportunities and strategies in the ethyl lactate market, request a sample here.

How does the ethyl lactate market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the ethyl lactate industry?

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What are the key dynamics influencing the ethyl lactate market growth? SWOT analysis of the ethyl lactate market.

For detailed insights on the key dynamics influencing the ethyl lactate market growth and SWOT analysis of the ethyl lactate industry, request a sample here.