Report 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.
This report aims to provide a comprehensive presentation of the global market for Lauric Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lauric Acid. This report contains market size and forecasts of Lauric Acid in global, including the following market information:
Global Lauric Acid Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Lauric Acid Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Lauric Acid companies in 2022 (%)
The global Lauric Acid market was valued at US$ 654.1 million in 2022 and is projected to reach US$ 766.8 million by 2029, at a CAGR of 2.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Lauric Acid key players include Wilmar, KLK OLEO, IOI Oleochemicals, Musim Mas, Oleon etc. Global top five manufacturers hold a share over 50%.
Asia-Pacific is the largest market, with a share over 40%, followed by North America and Europe, both have a share over 40% percent.
In terms of product, ?99% Lauric Acid is the largest segment, with a share over 70%. And in terms of application, the largest application is Coating followed by Household Chemicals.
We surveyed the Lauric Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Lauric Acid Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Lauric Acid Market Segment Percentages, by Type, 2022 (%)
?99% Lauric Acid
98-99% Lauric Acid
70-75% Lauric Acid
Other Lauric Acid (92%, 85%, etc.)
Global Lauric Acid Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Lauric Acid Market Segment Percentages, by Application, 2022 (%)
Coating
Household Chemicals
Others
Global Lauric Acid Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Lauric Acid Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Lauric Acid revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Lauric Acid revenues share in global market, 2022 (%)
Key companies Lauric Acid sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Lauric Acid sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players 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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Lauric Acid, market overview.
Chapter 2: Global Lauric Acid market size in revenue and volume.
Chapter 3: Detailed analysis of Lauric Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Lauric Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Lauric Acid capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
