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D-lactic acid is a chemical substance. The molecular formula is C3H6O3. D-lactic acid is a lactic acid with high optical rotation (chirality) produced by bio-fermentation technology using carbohydrates similar to sugar. The finished product of D-lactic acid is a colorless or light yellow clear viscous liquid with a slightly sour taste; it is hygroscopic and the aqueous solution shows an acidic reaction. It can be mixed with water, ethanol or ether arbitrarily, insoluble in chloroform.
The global market for D-lactic Acid was estimated to be worth US$ 207 million in 2023 and is forecast to a readjusted size of US$ 338.7 million by 2030 with a CAGR of 7.2% during the forecast period 2024-2030
D lactic acid is an emerging industry in China, and the market growth point is coming. However, what restricts the current market is that downstream demand is not sufficiently saturated, and on the other hand, the scale of upstream raw material production is too small. As a result, the output scale of downstream polylactic acid enterprises lags far behind foreign giants. In terms of regions, Europe and China are the two largest producers of D lactic acid, while China still maintains a leading position in terms of regional consumption. At the same time, Europe is also the world's largest export region. Through export and agency, Corbion products have been sold all over the world.
Report Scope
This report aims to provide a comprehensive presentation of the global market for D-lactic Acid, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of D-lactic Acid by region & country, by Type, and by Application.
The D-lactic Acid market size, estimations, and forecasts are provided in terms of sales volume (Kiloton) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding D-lactic Acid.
Market Segmentation
By Company
Corbion
Musashino Chemical
Galactic
Yancheng Huade Biology
Shandong Shouguang Juneng Golden Corn
Segment by Type
:
Content Above 92%
Content Below 92%
Segment by Application
Medicine
Pesticide
Chemical Industry
Other
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of D-lactic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of D-lactic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of D-lactic Acid in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
The global market for D-lactic Acid was estimated to be worth US$ 207 million in 2023 and is forecast to a readjusted size of US$ 338.7 million by 2030 with a CAGR of 7.2% during the forecast period 2024-2030
D lactic acid is an emerging industry in China, and the market growth point is coming. However, what restricts the current market is that downstream demand is not sufficiently saturated, and on the other hand, the scale of upstream raw material production is too small. As a result, the output scale of downstream polylactic acid enterprises lags far behind foreign giants. In terms of regions, Europe and China are the two largest producers of D lactic acid, while China still maintains a leading position in terms of regional consumption. At the same time, Europe is also the world's largest export region. Through export and agency, Corbion products have been sold all over the world.
Report Scope
This report aims to provide a comprehensive presentation of the global market for D-lactic Acid, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of D-lactic Acid by region & country, by Type, and by Application.
The D-lactic Acid market size, estimations, and forecasts are provided in terms of sales volume (Kiloton) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding D-lactic Acid.
Market Segmentation
By Company
Corbion
Musashino Chemical
Galactic
Yancheng Huade Biology
Shandong Shouguang Juneng Golden Corn
Segment by Type
:
Content Above 92%
Content Below 92%
Segment by Application
Medicine
Pesticide
Chemical Industry
Other
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of D-lactic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of D-lactic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of D-lactic Acid in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
