Market Overview:
The global C12-15 alkyl lactate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for skin care and hair care products, especially in developed countries. In addition, the growing awareness about the benefits of using natural ingredients in personal care products is also contributing to the growth of this market. The global C12-15 alkyl lactate market can be segmented on the basis of type and application. On the basis of type, it can be divided into 98% purity, 99% purity, and other types. The 99% purity segment is expected to grow at a higher rate than other segments during the forecast period owing to its superior properties such as high solubility and low viscosity. On the basis of application, it can be classified into skin care products, hair care products, and other applications such as oral hygiene products and pet grooming products. The skin care product segment is expected to account for a major share of this market due to rising consumer demand for anti-aging and moisturizing solutions.
Product Definition:
C12-15 Alkyl Lactate is a fatty acid derived from milk that is used as a moisturizer and emulsifier in skin care products.
98% Purity:
98% purity is a kind of concentrated liquid that contains 98% of the total lactate content. It is widely used as an industrial solvent and in pharmaceutical formulations. Lactate plays an important role in various end-use industries such as oil & gas, chemicals, biotechnology, food processing and agriculture among others. The growth factor for this market is increasing demand from end-user industries due to its wide application scope and high solubility rate.
99% Purity:
99% purity is a very high quality level and it means that the material has passed through 99% of the total production process. It includes purification by distillation, sublimation, crystallization, and removal of impurities.
Application Insights:
The global market is segmented by application into skin care products, hair care products, and other applications. The skin care product segment dominated the overall industry in terms of revenue share at over 40% in 2017. Increasing demand for creams & lotions to treat dryness, irritation and scaling caused due to winters together with summer heat is anticipated to drive the product demand in this segment over the forecast period.
The use of C12-15 alkyl lactates as emollients enables formulation of creams that are light weight as well as offer long term protection against environmental stress such as temperature and UV radiations. These properties make them suitable for a variety of cream formulations including day cream, night cream along with face moisturizers & sunscreens among others globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The presence of a large number of manufacturers coupled with cheap labor costs in this region has attracted major players to set up their manufacturing facilities in Asia Pacific. This, in turn, is likely to drive product demand over the forecast period.
The increasing use of C12-15 alkyl lactate as an emulsifying agent and/or a plasticizer for personal care products due to its high penetration into skin and hair tissue is anticipated to augment industry growth over the projected time frame.
Growth Factors:
- Increasing demand from the personal care industry for C12-15 alkyl lactate as a surfactant and emulsifier.
- Growing popularity of natural and organic cosmetics, which often use C12-15 alkyl lactate as an ingredient due to its mildness and environmental sustainability.
- Rising demand for C12-15 alkyl lactate in the food industry as a flavor enhancer and stabilizer.
- Increasing application of C12-15 alkyl lactate in pharmaceuticals due to its skin conditioning properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
C12-15 Alkyl Lactate Market Research Report
By Type
98% Purity, 99% Purity, Other
By Application
Skin Care Products, Hair Care Products, Other
By Companies
Stearinerie Dubois, A&A Fratelli Parodi, Natura-Tec, Alzo International, Ashland Specialty Chemical, Domus Chemicals, Stearinerie Dubois
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global C12-15 Alkyl Lactate Market Report Segments:
The global C12-15 Alkyl Lactate market is segmented on the basis of:
Types
98% Purity, 99% Purity, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Skin Care Products, Hair Care Products, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Stearinerie Dubois
- A&A Fratelli Parodi
- Natura-Tec
- Alzo International
- Ashland Specialty Chemical
- Domus Chemicals
- Stearinerie Dubois
Highlights of The C12-15 Alkyl Lactate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 98% Purity
- 99% Purity
- Other
- By Application:
- Skin Care Products
- Hair Care Products
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the C12-15 Alkyl Lactate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
C12-15 Alkyl Lactate is a type of fatty acid.
Some of the key players operating in the c12-15 alkyl lactate market are Stearinerie Dubois, A&A Fratelli Parodi, Natura-Tec, Alzo International, Ashland Specialty Chemical, Domus Chemicals, Stearinerie Dubois.
The c12-15 alkyl lactate market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 C12-15 Alkyl Lactate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 C12-15 Alkyl Lactate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 C12-15 Alkyl Lactate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the C12-15 Alkyl Lactate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global C12-15 Alkyl Lactate Market Size & Forecast, 2018-2028
4.5.1 C12-15 Alkyl Lactate Market Size and Y-o-Y Growth
4.5.2 C12-15 Alkyl Lactate Market Absolute $ Opportunity
Chapter 5 Global C12-15 Alkyl Lactate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 C12-15 Alkyl Lactate Market Size Forecast by Type
5.2.1 98% Purity
5.2.2 99% Purity
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global C12-15 Alkyl Lactate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 C12-15 Alkyl Lactate Market Size Forecast by Applications
6.2.1 Skin Care Products
6.2.2 Hair Care Products
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global C12-15 Alkyl Lactate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 C12-15 Alkyl Lactate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America C12-15 Alkyl Lactate Analysis and Forecast
9.1 Introduction
9.2 North America C12-15 Alkyl Lactate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America C12-15 Alkyl Lactate Market Size Forecast by Type
9.6.1 98% Purity
9.6.2 99% Purity
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America C12-15 Alkyl Lactate Market Size Forecast by Applications
9.10.1 Skin Care Products
9.10.2 Hair Care Products
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe C12-15 Alkyl Lactate Analysis and Forecast
10.1 Introduction
10.2 Europe C12-15 Alkyl Lactate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe C12-15 Alkyl Lactate Market Size Forecast by Type
10.6.1 98% Purity
10.6.2 99% Purity
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe C12-15 Alkyl Lactate Market Size Forecast by Applications
10.10.1 Skin Care Products
10.10.2 Hair Care Products
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific C12-15 Alkyl Lactate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific C12-15 Alkyl Lactate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific C12-15 Alkyl Lactate Market Size Forecast by Type
11.6.1 98% Purity
11.6.2 99% Purity
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific C12-15 Alkyl Lactate Market Size Forecast by Applications
11.10.1 Skin Care Products
11.10.2 Hair Care Products
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America C12-15 Alkyl Lactate Analysis and Forecast
12.1 Introduction
12.2 Latin America C12-15 Alkyl Lactate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America C12-15 Alkyl Lactate Market Size Forecast by Type
12.6.1 98% Purity
12.6.2 99% Purity
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America C12-15 Alkyl Lactate Market Size Forecast by Applications
12.10.1 Skin Care Products
12.10.2 Hair Care Products
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) C12-15 Alkyl Lactate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) C12-15 Alkyl Lactate Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) C12-15 Alkyl Lactate Market Size Forecast by Type
13.6.1 98% Purity
13.6.2 99% Purity
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) C12-15 Alkyl Lactate Market Size Forecast by Applications
13.10.1 Skin Care Products
13.10.2 Hair Care Products
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 C12-15 Alkyl Lactate Market: Competitive Dashboard
14.2 Global C12-15 Alkyl Lactate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stearinerie Dubois
14.3.2 A&A Fratelli Parodi
14.3.3 Natura-Tec
14.3.4 Alzo International
14.3.5 Ashland Specialty Chemical
14.3.6 Domus Chemicals
14.3.7 Stearinerie Dubois
