Global DL-Lactic Acid Market Growth 2023-2029

Global DL-Lactic Acid Market Growth 2023-2029

The global DL-Lactic Acid market size is projected to grow from US$ 1076.1 million in 2022 to US$ 2119.2 million in 2029; it is expected to grow at a CAGR of 10.2% from 2023 to 2029.

United States market for DL-Lactic Acid is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for DL-Lactic Acid is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for DL-Lactic Acid is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key DL-Lactic Acid players cover Musashino Chemical Laboratory, Ltd., Merck, CDH Fine Chemical, Glentham Life Sciences, Biosynth, Spectrum Chemical, Lanxess, Thermo Fisher and Alfa Aesar, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

A mixture of the D-Lactic acid and L-Lactic acid in equal amounts is called DL-Lactic acid, or racemic lactic acid. DL-Lactic acid is miscible with water and with ethanol above its melting point, which is about 16 to 18 °C (61 to 64 °F).

LPI (LP Information)' newest research report, the “DL-Lactic Acid Industry Forecast” looks at past sales and reviews total world DL-Lactic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected DL-Lactic Acid sales for 2023 through 2029. With DL-Lactic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world DL-Lactic Acid industry.

This Insight Report provides a comprehensive analysis of the global DL-Lactic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on DL-Lactic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global DL-Lactic Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for DL-Lactic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global DL-Lactic Acid.

This report presents a comprehensive overview, market shares, and growth opportunities of DL-Lactic Acid market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
50% Purity
88% Purity
90% Purity
Others

Segmentation by application
Food and Beverage
Pharmaceuticals
Personal Care
Industrial
Clothing
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Musashino Chemical Laboratory, Ltd.
Merck
CDH Fine Chemical
Glentham Life Sciences
Biosynth
Spectrum Chemical
Lanxess
Thermo Fisher
Alfa Aesar
Ennore

Key Questions Addressed in this Report

What is the 10-year outlook for the global DL-Lactic Acid market?

What factors are driving DL-Lactic Acid market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do DL-Lactic Acid market opportunities vary by end market size?

How does DL-Lactic Acid break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?



Please note: The report will take approximately 2 business days to prepare and deliver.