Lauric Acid Market Size 2020 By Global Business Trends, Share, Future Demand, Progress Insight, Modest Analysis, Statistics, Regional Growth, and Forecast to 2026

(The Express Wire via Comtex)

Global “Lauric Acid Market” Research Report 2020-2026 is a historical overview and in-depth study on the current and future market of the Lauric Acid industry. The report represents a basic overview of the Lauric Acid market share, competitor segment with a basic introduction of key vendors, top regions, product types, and end industries. This report gives a historical overview of the Lauric Acid market trends, growth, revenue, capacity, cost structure, and key driver’s analysis. The report further investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the Lauric Acid market.

The global Lauric Acid market size was USD 605.1 million and it is expected to reach USD 715.7 million by the end of 2026, with a CAGR of 2.4% during 2021-2026.

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Market Overview:

  • 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.
  • 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%).
  • 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 less than 99% Lauric Acid, 98-99% Lauric Acid, 70-75% Lauric Acid, Other Lauric Acid (92%, 85%, etc.). The market for less than 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.

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Market Analysis and Insights: Global Lauric Acid Market

  • Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Lauric Acid market in 2020.
  • COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
  • The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
  • This report also analyses the impact of Coronavirus COVID-19 on the Lauric Acid industry.

The major players in the market include:

  • Wilmar
  • KLK OLEO
  • IOI Oleochemicals
  • Musim Mas
  • Oleon
  • KAO
  • Permata Hijau
  • Pacific Oleochemicals
  • PT.Cisadane Raya
  • Emery
  • PT.SUMI ASIH
  • Bakrie
  • SOCI
  • Godrej Industries
  • AAK AB
  • VVF

The report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.

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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into:

  • less than 99% Lauric Acid
  • 98-99% Lauric Acid
  • 70-75% Lauric Acid
  • Other Lauric Acid (92%, 85%, etc.)

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including:

  • Coating
  • Household Chemicals
  • Others

Some of the key questions answered in this report:

  • What will the market growth rate, growth momentum or acceleration market carries during the forecast period?
  • Which are the key factors driving the Lauric Acid market?
  • What was the size of the emerging Lauric Acid market by value in 2019?
  • What will be the size of the emerging Lauric Acid market in 2026?
  • Which region is expected to hold the highest market share in the Lauric Acid market?
  • What trends, challenges and barriers will impact the development and sizing of the Global Lauric Acid market?
  • What are sales volume, revenue, and price analysis of top manufacturers of Lauric Acid market?
  • What are the Lauric Acid market opportunities and threats faced by the vendors in the global Lauric Acid Industry?

Global Lauric Acid Market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and instrumentation and downstream demand analysis is additionally dispensed. The Global Lauric Acid market development trends and marketing channels are analyzed. Finally, the feasibility of latest investment projects is assessed and overall analysis conclusions offered.

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Years considered for this report:

  • Historical Years: 2015-2019
  • Base Year: 2019
  • Estimated Year: 2020
  • Lauric Acid Market Forecast Period: 2020-2026

With tables and figures helping analyse worldwide Global Lauric Acid market trends, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Some Points from TOC:

1 Study Coverage
1.1 Lauric Acid Product Introduction
1.2 Market Segments
1.3 Key Lauric Acid Manufacturers Covered: Ranking by Revenue
1.4 Market by Type
1.4.1 Global Lauric Acid Market Size Growth Rate by Type
1.4.2 Type 1
1.4.3 Type 2
1.4.4 Type 3
1.4.5 Others
1.5 Market by Application
1.5.1 Global Lauric Acid Market Size Growth Rate by Application
1.5.2 Application 1
1.5.3 Application 2
1.5.4 Application 3
1.5.5 Others
1.6 Study Objectives
1.7 Years Considered

2 Executive Summary
2.1 Global Lauric Acid Market Size, Estimates and Forecasts
2.1.1 Global Lauric Acid Revenue 2015-2026
2.1.2 Global Lauric Acid Sales 2015-2026
2.2 Global Lauric Acid, Market Size by Producing Regions: 2015 VS 2020 VS 2026
2.2.1 Global Lauric Acid Retrospective Market Scenario in Sales by Region: 2015-2020
2.2.2 Global Lauric Acid Retrospective Market Scenario in Revenue by Region: 2015-2020

3 Global Lauric Acid Competitor Landscape by Players
3.1 Lauric Acid Sales by Manufacturers
3.2 Lauric Acid Revenue by Manufacturers
3.3 Lauric Acid Price by Manufacturers
3.4 Lauric Acid Manufacturing Base Distribution, Product Types
3.5 Manufacturers Mergers and Acquisitions, Expansion Plans

4 Market Size by Type (2015-2026)
4.1 Global Lauric Acid Market Size by Type (2015-2020)
4.2 Global Lauric Acid Market Size Forecast by Type (2021-2026)
4.3 Global Lauric Acid Market Share by Price Tier (2015-2020): Low-End, Mid-Range and High-End

5 Market Size by Application (2015-2026)
5.1 Global Lauric Acid Market Size by Application (2015-2020)
5.2 Lauric Acid Market Size Forecast by Application (2021-2026)

6 North America
6.1 North America Lauric Acid by Country
6.1.1 North America Lauric Acid Sales by Country
6.1.2 North America Lauric Acid Revenue by Country
6.1.3 U.S.
6.1.4 Canada
6.2 North America Lauric Acid Market Facts and Figures by Type
6.3 North America Lauric Acid Market Facts and Figures by Application

7 Europe
7.1 Europe Lauric Acid by Country
7.1.1 Europe Lauric Acid Sales by Country
7.1.2 Europe Lauric Acid Revenue by Country
7.1.3 Germany
7.1.4 France
7.1.5 U.K.
7.1.6 Italy
7.1.7 Russia
7.2 Europe Lauric Acid Market Facts and Figures by Type
7.3 Europe Lauric Acid Market Facts and Figures by Application

8 Asia Pacific
……………………………………………….

11 Company Profiles
11.1 Company Profiles 1
11.1.1 Company Profiles 1 Corporation Information
11.1.2 Company Profiles 1 Description and Business Overview
11.1.3 Company Profiles 1 Sales, Revenue and Gross Margin (2015-2020)
11.1.4 Company Profiles 1 Lauric Acid Products Offered
11.1.5 Company Profiles 1 Related Developments

11.2 Company Profiles 2
11.2.1 Company Profiles 2 Corporation Information
11.2.2 Company Profiles 2 Description and Business Overview
11.2.3 Company Profiles 2 Sales, Revenue and Gross Margin (2015-2020)
11.2.4 Company Profiles 2 Lauric Acid Products Offered
11.2.5 Company Profiles 2 Related Developments

11.3 Company Profiles 3
11.3.1 Company Profiles 3 Corporation Information
11.3.2 Company Profiles 3 Description and Business Overview
11.3.3 Company Profiles 3 Sales, Revenue and Gross Margin (2015-2020)
11.3.4 Company Profiles 3 Lauric Acid Products Offered
11.3.5 Company Profiles 3 Related Developments

11.4 Company Profiles 4
11.4.1 Company Profiles 4 Corporation Information
11.4.2 Company Profiles 4 Description and Business Overview
11.4.3 Company Profiles 4 Sales, Revenue and Gross Margin (2015-2020)
11.4.4 Company Profiles 4 Lauric Acid Products Offered
11.4.5 Company Profiles 4 Related Developments

11.5 Company Profiles 5
11.5.1 Company Profiles 5 Corporation Information
11.5.2 Company Profiles 5 Description and Business Overview
11.5.3 Company Profiles 5 Sales, Revenue and Gross Margin (2015-2020)
11.5.4 Company Profiles 5 Lauric Acid Products Offered
11.5.5 Company Profiles 5 Related Developments
………………………………………………………………………….
13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
13.1 Market Opportunities and Drivers
13.2 Market Challenges
13.3 Market Risks/Restraints
13.4 Porter's Five Forces Analysis
13.5 Primary Interviews with Key Lauric Acid Players (Opinion Leaders)

14 Value Chain and Sales Channels Analysis
14.1 Value Chain Analysis
14.2 Lauric Acid Customers
14.3 Sales Channels Analysis
14.3.1 Sales Channels
14.3.2 Distributors

15 Research Findings and Conclusion
Continued…………………………………….

Detailed TOC of Global Lauric Acid Market @https://www.industryresearch.biz/TOC/15954648

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