Global Lactic Acid Industry 2016 Market Research Report.docx全球乳酸行業(yè)2016市場研究report.docx

Global L(+)-Lactic Acid Industry 2016 Market Research ReportChapters1 Industry Overview of L(+)-Lactic Acid01.1 Definition and Specifications of L(+)-Lactic Acid1.1.1 Definition of L(+)-Lactic Acid Lactic acid has a systematic name that is 2-hydroxypropionic acid, which is widely existed in nature. Lactic acid is formed when glucose is broken down for energy in the absence of sufficient oxygen. Lactic Acid is a transparent, colorless syrupy liquid produced from the fermentation of dextrose. It is odorless or has a slight characteristic odor, and has a mild acid taste.Lactic Acid is widely used as an acidulant in foods and beverages that require an edible non-volatile acid. Figure Picture of L(+)-Lactic Acid Source: QYR Chemical & Material Research Center, Oct. 2016Figure Picture of L(+)-Lactic Acid FormulaSource: QYR Chemical & Material Research Center, Oct. 20161.1.2 Specifications of L(+)-Lactic AcidTable Specifications of L(+)-Lactic AcidItemIntroduction Structural formula OdorOdorlessColorColorless or yellowish Form Water-soluble liquidFeature It has hygroscopic and can be dissolve in water, ethanol, glycerin miscibility, but do not dissolve in chloroform, carbon disulfide, and petroleum. Density 1.2060(25/4)Melting point 18Boiling point122（2kPa)FunctionImportant chemical products Source: QYR Chemical & Material Research Center, Oct. 20161.2 Classification of L(+)-Lactic AcidTable Classification of L(+)-Lactic AcidNo.ClassificationDescription1Food gradeThe L(+)-Lactic Acid content is more than 80%. Such as 80% or 88%.2Industrial gradeThe L(+)-Lactic Acid content is between 50% and 90%.3Pharmaceutical gradeThe L(+)-Lactic Acid content is between 85% and 90%.Source: QYR Chemical & Material Research Center, Oct. 2016Figure Global Production (MT) Market Share of L(+)-Lactic Acid by Types in 2015Source: QYR Chemical & Material Research Center, Oct. 20161.2.1 Food GradeFood grade L(+)-lactic acid is widely used in food and beverage industry such as cheese, yogurt, soy sauce, meat products, pickled vegetables, beer and wine. 1.2.2 Industrial GradeIndustrial grade is widely used in the agrochemicals, fertilizers, fine chemicals, inks, paints, coatings, metal surface treatment and others.1.2.3 Pharmaceutical GradePharmaceutical Grade is an organic acid occurring naturally in the human body. The commercial production of lactic acid is typically done by fermentation. There are two optical forms of lactic acid existing. This product is an acidity regulator with exfoliating and antibacterial properties. It can be used in a wide range of pharmaceutical industry as well as beauty and personal care products. 1.3 Applications of L(+)-Lactic Acid Table Applications of L(+)-Lactic AcidNo.ApplicationsDescription1PharmaceuticalIn the pharmaceutical industry, L(+)-lactic acid can be used directly for medical disinfectant. Using the characteristics of lactic acids hydrophilic, it can be combined with slightly solubility medicine, increasing the absorption of medicine and preventing the formation of side effects.2Home & personal careL(+)-lactic acid can be used in a wide range of beauty and personal care products. This special cosmetic grade of lactic acid satisfies customers needs for strict specifications and low odour requirements in sensitive cosmetic formulations.3Industrial ApplicationsIn the chemical industry, lactic acid can be the raw material to produce lactic acid derivatives. Using lactic acid and starch to manufacture generated mulching technology to substitute plastic film, it can be break down by bacteria and be absorbed by soil. The lactic acid is widely applied in industries such as leather, tobacco and cosmetics Leather, tobacco, cosmetics etc.4Food & BeverageBecause the L(+)-lactic acid has no side effects to human body, and easy to absorb, it can be participated directly in the metabolism, promote digestion and inhibit harmful bacteria in the intestines, these characteristics ensures that it can be widely used in food processing.5OthersClinical NutritionOTC, Food SupplementsSource: QYR Chemical & Material Research Center, Oct. 2016The natural L-lactic acid serial product produced by fermentation has been widely used in food additives, cosmetics, raw materials of medicine and chemical industry by the excellent quality of high purity and high optical purity.1.3.1 Food & BeverageLactic Acid standard can be used as acidulant, flavoring agent and pH regulator in beverages, meat, sourdough, salads and dressings, confectionery and pickled vegetables.Figure Food & Beverage Examples Source: QYR Chemical & Material Research Center, Oct. 2016Table Industrial Applications ApplicationApplicationFieldsFood & BeverageBaby Food, Infant FormulaBakeryCereals, SnacksConfectioneryDairyDesserts, Ice CreamFlavoursFruit Preparations, Sweet SpreadsFruits, VegetablesMeat, SeafoodReady Meals, Instant FoodSauces, Dressings, SeasoningsSoy ProductsAlcoholic BeveragesCarbonated Soft DrinksInstant Drinks, SyrupsJuice DrinksRTD Tea and CoffeeSports and Energy DrinksWatersSource: Above Companies, QYR Chemical & Material Research Center, Oct. 20161.3.2 Home & Personal CareThe market share for the Home & personal care is 8.65% in 2015.Table Home & Personal Care ApplicationApplicationFieldsPersonal CareColour Cosmetics Deodorants Fragrances Hair Care Oral Care Skin Care Soap and Bath ProductsCleaners & DetergentsDish Washing Industrial Cleaners Laundry Care Surface CareSource: QYR Chemical & Material Research Center, Oct. 2016Figure Home & Personal Care Example ExamplesSource: QYR Chemical & Material Research Center, Oct. 20161.3.3 Industrial ApplicationsIndustrial Applications represents 56.78% of the total L(+)-Lactic Acid demand. Table Industrial Applications Examples ApplicationFieldsIndustrial ApplicationsAgrochemicals, FertilisersFine ChemicalsInks, Paints, CoatingsMetal Surface TreatmentOil DrillingPlastics, PolymersTextile, LeatherSource: QYR Chemical & Material Research Center, Oct. 2016Figure Industrial Applications Examples Source: QYR Chemical & Material Research Center, Oct. 20161.3.4 PharmaceuticalFigure Pharmaceutical ExamplesSource: QYR Chemical & Material Research Center, Oct. 20161.4 Industry Chain Structure of L(+)-Lactic AcidFigure Industry Chain Structure of L(+)-Lactic AcidSource: QYR Chemical & Material Research Center, Oct. 20161.5 Industry Overview and Major Regions Status of L(+)-Lactic Acid1.5.1 Industry Overview of L(+)-Lactic AcidIn global market, the production of L(+)-Lactic acid increases from 467 KMT in 2011 to 530 K MT in 2015, at a CAGR of more than 3.2%. In 2015, the global L(+)-Lactic acid market is led by USA, capturing about 40.13% of global L(+)-Lactic Acid production. China is the second-largest region-wise market with 27.90% global production share. At present, the major manufacturers of L(+)-Lactic acid are concentrated in Corbion, Naturework, Galactic and Henan Jindan