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The global D-lactic Acid market was valued at 19.2 Million USD in 2021 and will grow with a CAGR of 7.09% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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.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.
By Market Verdors:
Corbion
Musashino Chemical
Galactic
Yancheng Huade Biology
Shandong Shouguang Juneng Golden Corn
By Types:
Content Above 92%
Content Below 92%
By Applications:
Medicine
Pesticide
Chemical Industry
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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