Lauric Acid Market 2019 With Top Countries Data : Market Size, Growth, Industry Trends, Share, Top Key Players Analysis and Forecast Research
Lauric Acid Market 2019 Research report contains a qualified and in-depth examination of Lauric Acid Market. At first, the report provides the current Lauric Acid business situation along with a valid assessment of the Lauric Acid business. Lauric Acid report is partitioned based on driving Lauric Acid players, application and regions. The progressing Lauric Acid economic situations are additionally discovered in the report.
Short Description About Lauric Acid Market :
Lauric acid, also properly known as dodecanoic acid, is a saturated fatty acid commonly found in coconut and palm oils, as well as in milk. Appearing as a white, powdery substance, its main use in manufacturing is as an ingredient in soaps and shampoos. Infants consume it during breastfeeding, and children, teens and adults ingest it by eating the fruits and oils that contain it. Research suggests it can have multiple health benefits because of its antimicrobial properties, but more studies are necessary to confirm initial results.
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The research covers the current market size of the Lauric Acid market and its growth rates based on 5-year records with company outline ofKey players/manufacturers:
- KLK OLEO
- IOI Oleochemicals
- Musim Mas
- Permata Hijau
- Pacific Oleochemicals
- PT.Cisadane Raya
- PT.SUMI ASIH
- Bakrie Group
- Godrej Industries
- AAK AB
Scope Of The Report :
The global sales volume of lauric acid increases to 466 K MT in 2016 from 416 K MT in 2012, at a CAGR of more than 1.9%. In 2016, the global lauric acid market is led by Asia-Pacific, capturing about 52.8% of global lauric acid sales volume. Europe is the second-largest region-wise market with 21.7% global Share, followed by North America (16.2%). The global lauric acid market that was valued at 549 Million USD in 2012 is estimated to be worth 552 Million USD by the end of 2016.Lauric acid downstream is wide and recently lauric acid has acquired increasing significance in various fields of Coatings, Household Chemicals and Other Applications. Globally, the lauric acid market is mainly driven by growing demand for Household Chemicals and Coatings which account for nearly 88% of total downstream consumption of lauric acid in global in 2016.Based on types of lauric acid available in the market, the report segments the market into ≥99% Lauric Acid, 98-99% Lauric Acid, 70-75% Lauric Acid, Other Lauric Acid (92%, 85%, etc.). The market for ≥99% Lauric Acid and 98-99% Lauric Acid accounted for the largest market share in 2016, mainly owing to their high purity.According to our research and analysis, manufacturers from Malaysia, Indonesia, India, etc., are the leaders in the international market of lauric acid. Despite the presence of competition problems, limiting of natural resources and low industry profits, there are few investments to enter the field at present.At present, the major manufacturers of lauric acid are Wilmar, KLK OLEO, IOI Oleochemicals, Musim Mas, Oleon, KAO, Permata Hijau, Pacific Oleochemicals, PT.Cisadane Raya and Emery, etc. The top five of them is holding about 60% sales market share in 2016.The worldwide market for Lauric Acid is expected to grow at a CAGR of roughly 2.3% over the next five years, will reach 660 million US$ in 2024, from 580 million US$ in 2019, according to a new research study.This report focuses on the Lauric Acid in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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Report further studies the Lauric Acid market development status and future trend across the world. Also, it splits Lauric Acid market by Type and by Applications to fully and deeply research and reveal market profile and prospects.
Major Classifications are as follows:
- ≥99% Lauric Acid
- 98-99% Lauric Acid
- 70-75% Lauric Acid
- Other Lauric Acid (92%
Major Applications are as follows:
- Household Chemicals
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Lauric Acid in these regions, from 2014 to 2024, covering
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
The Lauric Acid market report provides answers to the following key questions:
- What will be the Lauric Acid market size and the growth rate in 2024?
- What are the main key factors driving the global Lauric Acid market?
- What are the key market trends impacting the growth of the global Lauric Acid market?
- Which Trending factors influencing the market shares of the top regions across the globe?
- Who are the key market players and what are their strategies in the global Lauric Acid market?
- What are sales, revenue, and price analysis by regions of Lauric Acid?
- What are the market opportunities and threats faced by the vendors in the global Lauric Acid market?
- What industrial trends, drivers and challenges are manipulating its growth?
- What are the key outcomes of the five forces analysis of the global Lauric Acid market?
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Major Points from Table of Contents:
1 Market Overview
1.1 Lauric Acid Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Dynamics
1.4.1 Market Opportunities
1.4.2 Market Risk
1.4.3 Market Driving Force
2.4.1 Business Overview
2.4.2 Lauric Acid Type and Applications
188.8.131.52 Product A
184.108.40.206 Product B
3.Global Lauric Acid Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
3.1 Global Lauric Acid Sales and Market Share by Manufacturer (2017-2018)
3.2 Global Lauric Acid Revenue and Market Share by Manufacturer (2017-2018)
3.3 Market Concentration Rate
3.3.1 Top 3 Lauric Acid Manufacturer Market Share in 2018
3.3.2 Top 6 Lauric Acid Manufacturer Market Share in 2018
3.4 Market Competition Trend
4 Global Lauric Acid Market Analysis by Regions
4.1 Global Lauric Acid Sales, Revenue and Market Share by Regions
4.1.1 Global Lauric Acid Sales and Market Share by Regions (2014-2019)
4.1.2 Global Lauric Acid Revenue and Market Share by Regions (2014-2019)
4.2 North America Lauric Acid Sales and Growth Rate (2014-2019)
4.3 Europe Lauric Acid Sales and Growth Rate (2014-2019)
4.4 Asia-Pacific Lauric Acid Sales and Growth Rate (2014-2019)
4.6 South America Lauric Acid Sales and Growth Rate (2014-2019)
4.6 Middle East and Africa Lauric Acid Sales and Growth Rate (2014-2019)
6 Lauric Acid Market Forecast (2019-2024)
6.1 Global Lauric Acid Sales, Revenue and Growth Rate (2019-2024)
6.2 Lauric Acid Market Forecast by Regions (2019-2024)
6.3 Lauric Acid Market Forecast by Type (2019-2024)
6.3.1 Global Lauric Acid Sales Forecast by Type (2019-2024)
6.3.2 Global Lauric Acid Market Share Forecast by Type (2019-2024)
6.4 Lauric Acid Market Forecast by Application (2019-2024)
6.4.1 Global Lauric Acid Sales Forecast by Application (2019-2024)
6.4.2 Global Lauric Acid Market Share Forecast by Application (2019-2024)
6.Sales Channel, Distributors, Traders and Dealers
6.1 Sales Channel
6.1.1 Direct Marketing
6.1.2 Indirect Marketing
6.1.3 Marketing Channel Future Trend
6.2 Distributors, Traders and Dealers
7. Research Findings and Conclusion
8.2 Data Source
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