Lactic Acid Market Advanced Technology to Improve Product Facilities

Description

Lactic acid is an organic compound found both in the liquid and solid state. Its chemical formula is C3H6O3. It generally consists of a hydroxyl group and a carboxyl group. In the solid state, the acid is generally white in color and is soluble in water. It is produced naturally and synthetically as natural production is cost-effective and raw materials are abundant. Fermentation of carbohydrates, such as lactose, sucrose, and glucose, is the common method used in the production of lactic acid commercially

Request Sample Copy of Report- https://www.radiantinsights.com/research/global-lactic-acid-market-2017-2021/request-sample

Technavio's analysts forecast the global lactic acid market to grow at a CAGR of 16.73% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global lactic acid market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

• APAC

• Europe

• North America

• ROW

Technavio's report, Global Lactic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendorsoperating in this market.

Key vendors

• Corbion

• Cargill

• Futerro

• Henan Jindan Lactic Acid Technology

• Galactic

• Musashino Chemical Laboratory

• NatureWorks

Other prominent vendors

• BASF

• Bioprox

• Cellulac

• Chongqing Bofei Biochemical Products

• Jungbunzlauer

• Myriant Corporation

• Plaxica

• Syconium Lactic Acid

• TEIJIN LIMITED

• The DOW Chemical Company

• thyssenkrupp

• Vaishnavi Bio Tech

• Wuhan Sanjiang Space Good Biotech

• Yancheng Haijianuo Biological Engineering

View Full Report at- https://www.radiantinsights.com/research/global-lactic-acid-market-2017-2021

Market driver

• Increase in demand from polylactic acid

• For a full, detailed list, view our report

Market challenge

• Lactic acid bacteria in optimizing and controlling metabolic activities

• For a full, detailed list, view our report

Market trend

• Increase in consumer awareness toward organic products

• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2021 and what will the growth rate be?

• What are the key market trends?

• What is driving this market?

• What are the challenges to market growth?

• Who are the key vendorsin this market space

About Us

Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake

Contact Us

Michelle Thoras

Corporate Sales Specialist, USA

Radiant Insights, Inc

201 Spear Street 1100, Suite 3036, San Francisco, CA 94105, United States

Tel: 1-415-349-0054

Toll Free: 1-888-928-9744

Mail: sales@radiantinsights.com  

Web: http://www.radiantinsights.com