Japan Lauric Acid Market Business Risks and Competitive Threats

Overview Of Lauric Acid Industry 2021-2025:

This has brought along several changes in This report also covers the impact of COVID-19 on the global market.

The Lauric Acid Market Report a detailed study of different aspects of the Global 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.
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.

It shows the steady growth in market in spite of the fluctuations and changing market trends. The report is based on certain important parameters.

The Top key vendors in Lauric Acid Market include are:- Wilmar, KLK OLEO, IOI Oleochemicals, Musim Mas, Oleon, KAO, Permata Hijau, Pacific Oleochemicals, PT.Cisadane Raya, Emery, PT.SUMI ASIH, Bakrie Group, SOCI, Godrej Industries, AAK AB, VVF,

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This research report categorizes the global Lauric Acid market by top players/brands, region, type and end user. This report also studies the global Lauric Acid market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

Major Product Types covered are:

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

Major Applications of Lauric Acid covered are:

Coating
Household Chemicals
Others

Region wise performance of the Lauric Acid industry

This report studies the global Lauric Acid market status and forecast, categorizes the global Cable Conduits market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

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The study objectives of this report are:

• Focuses on the key global Lauric Acid companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
• To project the value and sales volume of Lauric Acid submarkets, with respect to key regions.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To study and analyze the global Lauric Acid market size (value & volume) by company, key regions, products and end user, breakdown data from Last Five Years, and forecast to 2025.
• To understand the structure of Lauric Acid market by identifying its various sub segments.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Scope of the Report:-

The report scope combines a detailed research of Global Lauric Acid Market 2021 with the apprehension given in the advancement of the industry in certain regions.

The Top Companies Report is designed to contribute our buyers with a snapshot of the industry’s most influential players. Besides, information on the performance of different companies, profit, gross margin, strategic initiative and more are presented through various resources such as tables, charts, and info graphic.

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