What is the current Asia-Pacific Lactic Acid Market size?

The Asia-Pacific Lactic Acid Market is projected to register a CAGR of 8.70% during the forecast period (2024-2029) Read More

Who are the key players in Asia-Pacific Lactic Acid Market?

Corbion NV, Henan Jindan Lactic Acid Technology Co., Ltd, Cellulac, Galactic and DuPont are the major companies operating in the Asia-Pacific Lactic Acid Market. Read More

What years does this Asia-Pacific Lactic Acid Market cover?

The report covers the Asia-Pacific Lactic Acid Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Lactic Acid Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Asia-Pacific Lactic Acid Market Share

Statistics for the 2023 & 2024 Asia-Pacific Lactic Acid market share, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Lactic Acid share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Asia-Pacific Lactic Acid Industry

The major competitors prefer investment in new product development, widening the application market, and marketing strategy due to volatility in commodity costs to maintain their position. Henan Jindan is the largest producer and exporter of lactic acid in China and the region. The company uses the new membrane technology for the separation and purification process of lactic acid, which aids in the efficiency of production and reduces energy consumption. Some of the major players in the Asia-Pacific lactic acid market are Corbion NV, Henan Jindan Lactic Acid Technology Co. Ltd, NingXia Hypow Bio-Technology Co. Ltd, Cellulac, and Galactic, among others.