Global D-lactic Acid Market Research Report 2021

D-lactic acid is a chemical substance. The molecular formula is C3H6O3. D-lactic acid is a lactic acid with high optical rotation (chirality) produced by bio-fermentation technology using carbohydrates similar to sugar. The finished product of D-lactic acid is a colorless or light yellow clear viscous liquid with a slightly sour taste; it is hygroscopic and the aqueous solution shows an acidic reaction. It can be mixed with water, ethanol or ether arbitrarily, insoluble in chloroform.
D lactic acid is an emerging industry in China, and the market growth point is coming. However, what restricts the current market is that downstream demand is not sufficiently saturated, and on the other hand, the scale of upstream raw material production is too small. As a result, the output scale of downstream polylactic acid enterprises lags far behind foreign giants. In terms of regions, Europe and China are the two largest producers of D lactic acid, while China still maintains a leading position in terms of regional consumption. At the same time, Europe is also the world's largest export region. Through export and agency, Corbion products have been sold all over the world.

Market Analysis and Insights: Global D-lactic Acid Market
The global D-lactic Acid market was valued at US$ 190 million in 2019 and it is expected to reach US$ 293.1 million by the end of 2026, growing at a CAGR of 7.2% during 2021-2026.

Global D-lactic Acid Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global D-lactic Acid Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Content Above 92%
Content Below 92%

Segment by Application
Medicine
Pesticide
Chemical Industry
Other

By Company
Corbion
Musashino Chemical
Galactic
Yancheng Huade Biology
Shandong Shouguang Juneng Golden Corn

Production by Region
Japan
Europe
China

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Frequently Asked Questions