D-Lactic Acid Global Market Insights 2024, Analysis and Forecast to 2029, by Manufacturers, Regions, Technology, Application

This report describes the global market size of D-Lactic Acid from 2019 to 2023 and its CAGR from 2019 to 2023, and also forecasts its market size to the end of 2029 and its CAGR from 2024 to 2029.

The USA market for Global D-Lactic Acid market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The China market for Global D-Lactic Acid market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global D-Lactic Acid market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

D-Lactic Acid is a stereoisomer of L-Lactic Acid, which is the principal isomer produced by humans and responsible for most forms of lactic acidosis. D-Lactic Acid is produced by bacteria residing in the colon when carbohydrates are not completely absorbed in the small intestine. It is an uncommon disorder that can occur in patients with short bowel syndrome. Unlike L-Lactic Acid, which is an endogenous compound, D-Lactic Acid is a harmful enantiomer.

QUICK SUMMARY:

In the ever-expanding global landscape of D-Lactic Acid, understanding current market dynamics, trends, and forecasts is essential for strategic decision making. This comprehensive report offers an unparalleled insight into this industry, providing a deep dive into its global market size from recent years, and revealing its forecasted market size till the end of this decade.

The report examines key regions including North America, South America, Asia & Pacific, Europe, and MEA, providing an in-depth analysis of supply, demand, price, and major players. It further delivers insightful analysis of multiple application segments such as Polylactic Acid, Pharmaceutical, Agrochemical, Solvents, among others. With detailed company profiles, SWOT analysis, and crucial business information about global key players like Corbion and Galactic, this report is a treasure trove of information for any business executives looking to stay ahead in the D-Lactic Acid industry.

For the geography segment; regional supply, demand, major players, and price is presented from 2019 to 2029.

This report covers the following regions:

The key countries for each region are also included, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

For the competitor segment, the report includes global key players as well as some small players.

The information for each competitor includes:

Applications Segment:

Companies Covered:

Base Year: 2024

Historical Data: from 2019 to 2023

Forecast Data: from 2024 to 2029

1. Growing demand for lactic acid in various applications, including food and beverages, pharmaceuticals, and cosmetics.

2. Increasing adoption of biodegradable and bio-based products, which can be derived from lactic acid.

3. Technological advancements and innovations to improve production processes and reduce costs.

4. Expansion of production capacities by major players in the lactic acid market.

5. Growing demand for plant-based and sustainable products, which may drive demand for lactic acid derived from renewable resources.

* D-Lactic Acid has to be classified as a substance corrosive for the skin, based on a new recommendation from the European Chemicals Agency (ECHA). new classification implies that lactic acid should also fall under the ADR regulation where applicable. This classification does not apply to lactic acid salts (lactates).

*Carbion is focusing on long-term decarbonization of the lactic acid process and the production of powder derivatives.

* In Dec23, Corbion announced the mechanical completion of our new circular lactic acid manufacturing plant in Rayong, Thailand. Lactic acid produced by this first-of-its-kind facility will have the lowest associated carbon footprint compared to any manufacturing technologies currently used. The recycling of processing chemicals eliminates the use of lime, which is a significant contributor to our Scope III GHG emissions.

Corbion

Revenue(FY23): € 1443.8M

Adjusted Ebitda: € 117.2M

ROCE: 8.1%

(Segment wise: sustainable food sol.- €768.7M, lactic acid and specialities- €383.9M, Algae ingredients- €111.4M, Non-core activities-€179.8M)

*Lactic acid forms 41% of the lactic acid and specialities segment.

Galactic- Private company, so financials not disclosed

Musashino Chemical- Private company, so financials not disclosed

BASF

*Revenue(FY23): €68902 M

*ROCE: 4.5%

*CAPEX (2024-27): €19.5 B

*FCF (FY23): €8111 M

*EBITDA(FY23): €8137 M (Nutrition and care-€565M, agricultural sol.-€2270M)

*FCF (FY24): €6.6-7.1 B (forecasted)

Table of Content:

Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 D-Lactic Acid Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of D-Lactic Acid by Region
8.2 Import of D-Lactic Acid by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast D-Lactic Acid Market in North America (2019-2029)
9.1 D-Lactic Acid Market Size
9.2 D-Lactic Acid Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast D-Lactic Acid Market in South America (2019-2029)
10.1 D-Lactic Acid Market Size
10.2 D-Lactic Acid Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast D-Lactic Acid Market in Asia & Pac

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