Ammonium lactate is a compound with formula NH4 (C2H4 (OH) COO). It is the ammonium salt of lactic acid. It has mild anti-bacterial properties.
The global L-Ammonium Lactate industry has a rather high concentration. The major manufacturers are concentrated in China, North America, Europe, India and Asia Others, such as Corbion-Purac, Chattem Chemicals, Musashino Chemical, SHXSHW and Jindan. At present, Corbion-Purac is the world leader, holding 45.61% production market share in 2017.
L-Ammonium Lactate downstream is wide and recently L-Ammonium Lactate has acquired increasing significance in various fields of Skin Care, Feed Additives, Pharmaceutical and Others,. Globally, the L-Ammonium Lactate market is mainly driven by growing demand for Skin Care. Skin Care accounts for nearly 49.32% of total downstream consumption of L-Ammonium Lactate in global.
L-Ammonium Lactate can be mainly divided into General Grade and Cosmetic Grade which General Grade captures about 52.76% of L-Ammonium Lactate market in 2017. According to our research and analysis, manufacturers from Europe are the major leaders in the international market of L-Ammonium Lactate.
The report offers detailed coverage of L-Ammonium Lactate industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading L-Ammonium Lactate by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global L-Ammonium Lactate market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
First, this report covers the present status and the future prospects of the global L-Ammonium Lactate market for 2015-2027.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Corbion-Purac
Chattem Chemicals
Musashino Chemical
SHXSHW
Jindan
At the same time, we classify L-Ammonium Lactate according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
General Grade
Cosmetic Grade
Market by Application
Skin Care
Feed Additives
Pharmaceutical
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the L-Ammonium Lactate market for the forecast period 2021 - 2027?
• What are the driving forces in the L-Ammonium Lactate market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the L-Ammonium Lactate industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?