At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
—
Lauric acid, also properly known as dodecanoic acid, is a saturated fatty acid commonly found in coconut and palm oils, as well as in milk. Appearing as a white, powdery substance, its main use in manufacturing is as an ingredient in soaps and shampoos. Infants consume it during breastfeeding, and children, teens and adults ingest it by eating the fruits and oils that contain it. Research suggests it can have multiple health benefits because of its antimicrobial properties, but more studies are necessary to confirm initial results.
The global sales volume of lauric acid increases to 466 K MT in 2016 from 416 K MT in 2012, at a CAGR of more than 1.9%. In 2016, the global lauric acid market is led by Asia-Pacific, capturing about 52.8% of global lauric acid sales volume. Europe is the second-largest region-wise market with 21.7% global Share, followed by North America (16.2%).
Complete report on Lauric acid market spread across 102 pages, profiling 16 companies and supported with tables and figures is now available @ https://www.inforgrowth.com/enquiry/r/974952/global-lauric-acid-market-research-report-2019
The global lauric acid market that was valued at 549 Million USD in 2012 is estimated to be worth 552 Million USD by the end of 2016.
Lauric acid downstream is wide and recently lauric acid has acquired increasing significance in various fields of Coatings, Household Chemicals and Other Applications. Globally, the lauric acid market is mainly driven by growing demand for Household Chemicals and Coatings which account for nearly 88% of total downstream consumption of lauric acid in global in 2016.
Based on types of lauric acid available in the market, the report segments the market into ≥99% Lauric Acid, 98-99% Lauric Acid, 70-75% Lauric Acid, Other Lauric Acid (92%, 85%, etc.). The market for ≥99% Lauric Acid and 98-99% Lauric Acid accounted for the largest market share in 2016, mainly owing to their high purity.
According to our research and analysis, manufacturers from Malaysia, Indonesia, India, etc., are the leaders in the international market of lauric acid. Despite the presence of competition problems, limiting of natural resources and low industry profits, there are few investments to enter the field at present.
At present, the major manufacturers of lauric acid are Wilmar, KLK OLEO, IOI Oleochemicals, Musim Mas, Oleon, KAO, Permata Hijau, Pacific Oleochemicals, PT.Cisadane Raya and Emery, etc. The top five of them is holding about 60% sales market share in 2016.
The global Lauric Acid Market is valued at 580 million US$ in 2018 is expected to reach 700 million US$ by the end of 2025, growing at a CAGR of 2.4% during 2019-2025.
This report focuses on Lauric Acid volume and value at global level, regional level and company level. From a global perspective, this report represents overall Lauric Acid market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The global Lauric acid market 2018 research is a professional and in-depth study on the current state of the industry and provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Lauric acid market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.
This report presents the worldwide Lauric acid market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
The report focuses on global major leading industry players of Lauric acid Market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The Lauric acid market development trends and marketing channels are analyzed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered.
We offer Free 10% customization. The 10% customization of the report is done considering the re-work by the analyst for 5 working days, which focuses holistically on the client requirements/addition in the report. Client can leverage this service to include the specific information that they are looking and do not find it in our report.
Request for Customization of this Lauric acid Market Report at: https://www.inforgrowth.com/customizationrequest/r/974952/global-lauric-acid-market-research-report-2019
About InForGrowth: We are a market-intelligence company formed with the objective of providing clients access to the most relevant and accurate research content for their growth needs. At InForGrowth, we understand Research requirements and help a client in taking informed business critical decisions. Given the complexities and interdependencies of market-intelligence, there is always more than one source to explore and arrive at the right answer. Through our smart search feature and our reliable & trusted publishing partners, we are paving way for a more simplified and relevant research.
For all your Research needs, reach out to us at:
Email: sales@inforgrowth.com
Phone: U.S. (Toll Free): +1-909-329-2808
U.K (Toll Free): 44-203-743-1890
Contact Info:
Name: Gaurav
Email: Send Email
Organization: Inforgrowth
Website: https://www.inforgrowth.com
Source: MarketersMedia
Release ID: 482156
