The Business Research Company’s Ethyl Lactate Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Ethyl Lactate Global Market Report 2023 evaluates ethyl lactate market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global ethyl lactate market size is expected to grow from $2.14 billion in 2022 to $2.34 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global ethyl lactate market size is expected to reach $3.20 billion in 2027 at a CAGR of 8.22%.
The ethyl lactate market segments in the report are:
Ethyl Lactate Market By Grade:
Food Grade, Medical Grade, Industrial Grade, Other Grades
Ethyl Lactate Market By Application:
Adhesives
Cleaners
Inks
Solvents
Food Additives
Fragrances
Other Applications
Ethyl Lactate Market By End User:
Food and Beverages
Electronics
Paints and Coatings
Packaging and Printing ink
Pharmaceuticals
Cosmetics and Personal Care
Industrial Cleaning
Agrochemicals
Top Major Players:
Corbion NV
Galactic
Vertec BioSolvents Inc.
Musashino Chemical Laboratory Ltd.
Godavari Biorefineries Ltd.
Asia-Pacific was the largest region in the ethyl lactate market in 2022.
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The table of contents in TBRC’s ethyl lactate market report includes:
1. Executive Summary
2. Ethyl Lactate Market Characteristics
3. Ethyl Lactate Market Trends And Strategies
4. Ethyl Lactate Market – Macro Economic Scenario
5. Ethyl Lactate Market Size And Growth
……..
26. Africa Ethyl Lactate Market
27. Ethyl Lactate Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Ethyl Lactate Market
29. Ethyl Lactate Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Ethyl Lactate Market, Segmentation By Grade, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Ethyl Lactate Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Ethyl Lactate Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
……….
Table 46: Corbion NV Financial Performance
Table 47: Galactic Financial Performance
Table 48: Vertec BioSolvents Inc Financial Performance
Table 49: Musashino Chemical Laboratory Ltd Financial Performance
Table 50: Godavari Biorefineries Ltd Financial Performance
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