Ethyl Lactate Market Size, Share, Trends And Growth Report, 2024-2033 - PowerPoint PPT Presentation

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Ethyl Lactate Market Size, Share, Trends And Growth Report, 2024-2033

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Global ethyl lactate market size is expected to reach $3.71 Bn by 2028 at a rate of 10.2%, segmented as by grade, food grade, medical grade, industrial grade, other grades – PowerPoint PPT presentation

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Title: Ethyl Lactate Market Size, Share, Trends And Growth Report, 2024-2033


1
Ethyl Lactate Global Market Report 2024
Market Size, Trends and Global Forecast 2024-2033
2
Ethyl Lactate Global Market Segments
The Business Research Company segments its Ethyl
Lactate market report as
Food Grade, Medical Grade, Industrial Grade,
Other Grades
By Grade
Adhesives, Cleaners, Inks, Solvents, Food
Additives, Fragrances, Other Applications
By Application
Food and Beverages, Electronics, Paints and
Coatings, Packaging and Printing ink,
Pharmaceuticals, Cosmetics and Personal Care,
Industrial Cleaning, Agrochemicals
By End User
3
Ethyl Lactate Market Statistics
The ethyl lactate market size has grown strongly
in recent years. It will grow from 2.31 billion
in 2023 to 2.52 billion in 2024 at a compound
annual growth rate (CAGR) of 8.9. It will grow
to 3.71 billion in 2028 at a compound annual
growth rate (CAGR) of 10.2. 
Click Here To Get A Sample Report
4
Key Market Drivers And Trends
Drivers
The rise in the food and beverage industry is
expected to boost the growth of the ethyl lactate
market going forward.
Trends
Production expansion is a key trend in gaining
popularity in the ethyl lactate market. 
Region
Asia-Pacific was the largest region in the ethyl
lactate market in 2023.
5
Key Market Players
Major players in the Ethyl Lactate Global Market
are Corbion NV, Galactic, Vertec BioSolvents
Inc., Godavari Biorefineries Ltd., Henan Jindan
Lactic Acid Technology Co Ltd. And more.
6
5 Reasons Why TBRC Is The Solution You Need
  1. Measure the impact of high global inflation on
    market growth
  2. Outperform competitors using forecast data and
    the drivers and trends shaping the market
  3. Get a comprehensive market sizing report with a
    truly global perspective covering 60 geographies
    from The Business Research Company, with data
    from 2017 to 2024 and forecasts up to 2033.
  4. Assess the Russia-Ukraine wars impact on
    commodity supply and its direct and indirect
    impact on all the markets
  5. Benchmark performance against key competitors.

7
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8
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