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As a kind of important organic acid, lactic acid is widely used in such industries as food, beverage, brewing, fragrance & flavor, medicine, leather, tobacco and chemical engineering. With the expanding application fields of lactic acid and its derivatives and the increasing consumption, demand for lactic acid also keeps increasing in China. In particular, the fast-growing beer uses lactic acid as the pH modulator. Moreover, the demand for lactic acid continues to increase in food and beverage industry.
The global lactic acid is mainly produced in the U.S., West Europe, Japan, China, etc. The fermentation method is adopted in most manufacturers. The production capacity of lactic acid is concentrated in North America, Asia and Europe. Lactic acid is widely used in many fields. In recent years, with the extremely insufficient resources and more concerns for environmental protection, the degradable polylactic acid (PLA) made from lactic acid is more widely applied.
In Chinese lactic acid industry, only 10 enterprises, such as Henan Jindan Lacitc Acid Technology Co., Ltd. and COFCO Biochemical (Anhui) Co., Ltd. can reach annual production capacity of tens of thousands of tons. Most enterprises are small-sized with annual production capacity of hundreds to thousands of tons. Many enterprises in China issued the proposed projects or expansion plans. It is expected that the annual production capacity and output volume will rapidly increase.
A sound industry chain system is formed in Chinese lactic acid industry. In terms of the constitution of upstream and downstream industries, lactic acid manufacturing industry is the extension of raw material industry, which partly realizes the development from raw materials to high-end industry chain.
In China, the major upstream raw material of lactic acid is corn starch, and the downstream includes food and beverage, medicine, chemical engineering, cosmetics and electronics industry. With the largest consumption of lactic acid, the food and beverages enjoys the annual growth rate of above 10%. The application in other industries includes leather manufacture, micro electronics, electroplating and PLA production. The output volume of China's lactic acid exceeded more than 180,000 tons in 2015.
China's PLA production capacity is gradually increasing. Major manufacturers include Zhejiang Hisun Biomaterials Co., Ltd., Nantong Jiuding Biological Engineering Co., Ltd., etc. It is predicted that the consumption of lactic acid for PLA production will increase in the next few years. The global production capacity of PLA is expected to increase from 200,000 tons in 2012 to 800,000 tons in 2020. However, it is estimated that the production capacity in Asia will reach 400,000 tons, accounting for nearly half of the global. Many Asian countries issue policies to support the development of various bio-based materials. In addition, Asia possesses a large number of agricultural raw materials, which will promote the development of PLA. However, there is still less demand for PLA in Asia, which indicates that most of its new production capacity will be exported.
Moreover, it is expected that the increase of downstream demand for polylactic acid will promote that of the lactic acid market in the future. The demand from food and beverage industry will also promote the increase of lactic acid. There will be a sharp increase of demand for lactic acid in food and beverage market of China and other emerging countries. Lactic acid will continue to serve as an additive in food and beverage industry and the raw material of PLA.
Through this report, the readers shall acquire the following information:
- Supply and Demand Status of Global Lactic Acid and Polylactic Acid Industry
- Influencing Factors on Development of Lactic Acid and Polylactic Acid Industry in China
- Supply and Demand of Global Lactic Acid and Polylactic Acid Industry
- Import and Export of Lactic Acid and Polylactic Acid Industry in China
- Market Competition of Lactic Acid and Polylactic Acid Industry in China
- Major Lactic Acid and Polylactic Acid Manufacturers in Chinese market
- Forecast on Development of Lactic Acid and Polylactic Acid Industry in China
The Following Enterprises and People Are Recommended to Purchase This Report:
- Lactic Acid and Polylactic Acid Manufacturers
- Downstream Subscribers of Lactic Acid and Polylactic Acid
- Investors/Research Institutes Concerned About Lactic Acid and Polylactic Acid Industry
Table of Contents
1 Basic Concepts of Lactic Acid and Polylactic Acid
1.1 Definition and Classification of Lactic Acid
1.1.3 Application Fields of Lactic Acid
1.2 Definition and Classification of Polylactic Acid
1.2.3 Application Fields of Polylactic Acid
2 Analysis of Global Lactic Acid and Polylactic Acid Industry, 2011-2015
2.1 Industry Overview
2.1.1 Production Status
2.1.2 Market Demand
2.2 Global Key Lactic Acid and Polylactic Acid Manufacturers
2.2.1 NatureWorks LLC
3 Development Environment of Lactic Acid and Polylactic Acid Industry in China, 2011-2016
3.1 Economic Environment
3.1.1 China Economy
3.1.2 Global Economy
3.2 Industry Policies
3.2.1 Policies on Lactic Acid Industry
3.2.2 Policies on Polylactic Acid Industry
4 Operation Status of Lactic Acid and Polylactic Acid Industry in China, 2011-2015
4.1 Supply of Lactic Acid
4.1.1 Production Capacity
4.1.2 Output Volume
4.2 Demand for Lactic Acid
4.2.1 Overall Demand
4.2.2 Demand in Niche Markets
4.3 Supply and Demand of Polylactic Acid
5 Import and Export of Lactic Acid and Polylactic Acid in China, 2011-2015
5.1 Lactic Acid
5.2 Polylactic Acid
6 Major Lactic Acid and Polylactic Acid Manufacturers in China, 2015-2016
6.1 Henan Jindan Lacitc Acid Technology Co., Ltd.
6.1.1 Enterprise Profile
6.1.2 Operation Status
6.2 Ningxia Hypow Bio-technology Co., Ltd.
6.3 COFCO Biochemical (Anhui) Co., Ltd.
6.4 Yancheng Haijianuo Biological Engineering Co., Ltd.
6.5 Chongqing Bofei Biochemical Products Co., Ltd.
6.6 Xiaogan Kaifeng Bioengineering Co., Ltd.
6.7 Musashino Chemical (China) Co., Ltd.
6.8 Shanxi Leda Biochemical Co., Ltd.
6.9 Hebei Xinhua Co., Ltd.
6.10 Zhejiang Hisun Biomaterials Co., Ltd.
6.11 Nantong Jiuding Bio-Engineering Co., Ltd.
7 Prospects of Lactic Acid and Polylactic Acid Industry in China, 2016-2020
7.1 Factors Influencing Development
7.1.1 Economic Situation
7.1.2 Policy Environment
7.1.3 Major Driving Factors
7.2 Forecast on Supply
7.2.1 Forecast on Production Capacity
7.2.2 Forecast on Output Volume
7.3 Forecast on Demand
7.3.1 Overall Demand
7. 3.2 Demand in Niche Markets
7.4 Recommendations on Development and Investment
7.4.1 Lactic Acid Industry
7.4.2 Polylactic Acid Industry
Chart Global Output Volume of Lactic Acid, 2009-2015
Chart Global Key Lactic Acid and Polylactic Acid Manufacturers
Chart Output Volume of Lactic Acid in China, 2011-2015
Chart Major Lactic Acid Manufacturers and Production Capacity in China, 2015
Chart Demand for Lactic Acid in China, 2011-2015
Chart Market Size of Lactic Acid Industry in China, 2011- 2015
Chart Output Volume of Polylactic Acid in China, 2011-2015
Chart Market Size of Polylactic Acid in China, 2011-2015
Chart Export Status of Lactic Acid, Salt and Ester in China, 2011-2015
Chart Major Export Destinations of China's Lactic Acid, Lactate and Ester, 2015
Chart Import of Lactic Acid, Salt and Ester in China, 2011-2015
Chart Major Import Sources of China's Lactic Acid, Lactate and Ester, 2015
Chart Import of Polylactic Acid in China, 2009-2015
Chart Major Import Sources of Polylactic Acid in China, 2015
Chart Output Volume of Lactic Acid in Henan Jindan Lactic Acid Technology Co., Ltd., 2011-2015
Chart Output Volume of Polylactic Acid in Zhejiang Hisun Biomaterials Co., Ltd., 2011-2015
Chart Forecast on Output Volume of Lactic Acid in China, 2016-2020
Chart Forecast on Output Volume of Polylactic Acid in China, 2016-2020
Chart Price Trend of Lactic Acid in China, 2009-2015
Chart Forecast on Market Size of Lactic Acid in China, 2016-2020
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