Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Lauric Acid Market by Type (≥99% Lauric Acid, 98-99% Lauric Acid, 70-75% Lauric Acid, Other Lauric Acid (92%, 85%, etc.)), By Application (Coating, Household Chemicals, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Lauric Acid Market by Type (≥99% Lauric Acid, 98-99% Lauric Acid, 70-75% Lauric Acid, Other Lauric Acid (92%, 85%, etc.)), By Application (Coating, Household Chemicals, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 338288 4200 Chemical & Material 377 233 Pages 5 (45)

Market Overview:

The global lauric acid market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lauric acid from various applications such as coating, household chemicals, and others. Lauric acid is also used as an intermediate in the manufacture of other chemicals. North America dominates the global lauric acid market and is expected to grow at a CAGR of 5.7% during the forecast period from 2018 to 2030 followed by Asia Pacific which is projected to grow at a CAGR of 5%.

Global Lauric Acid Industry Outlook

Product Definition:

Lauric acid is a 12-carbon saturated fatty acid that is the major component of coconut oil and palm kernel oil. It has antibacterial, antiviral, and antifungal properties. Lauric acid is converted to monolaurin in the body, which has even more potent antimicrobial activity. Monolaurin is said to be helpful in preventing or treating candida overgrowth, Crohn's disease, and other gastrointestinal conditions. It can also be used topically to treat acne, psoriasis, eczema, and other skin conditions.

≥99% Lauric Acid:

Lauric acid is a long-chain fatty acid found in animal and plant oils. It has been widely used in personal care products such as soaps, shampoo, conditioners, body wash and other niche applications due to its cleansing properties. However, the high price of lauric acid has limited its penetration into the market over the past few years.

98-99% Lauric Acid:

Lauric acid is a naturally occurring organic compound that is produced as an intermediate product during the process of refining coconut oil. It has been identified as one of the potential biobased chemicals for industrial applications owing to its high laurate content.

Application Insights:

The household chemicals segment led the global market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for cleaners, paints, polishes, etc., owing to rising consumer awareness about cleanliness and hygiene. In addition, growing environmental concerns regarding plastic usage in packaging products is expected to augment lauric acid consumption in household applications over the next eight years.

Increasing use of natural surfactants like lauroyl sulfate as an alternative for synthetic ones due largely to their better biodegradability has been driving product demand from other applications such as coating industry worldwide since past few years.

Regional Analysis:

Asia Pacific dominated the global market in terms of revenue with a share of over 45.0% in 2017. This is attributed to increasing demand for lauric acid from countries such as China, India, Japan and South Korea. The growing population coupled with rising consumer disposable income levels has resulted in increased consumption of packaged food products which are likely to have a positive impact on industry growth over the forecast period.

The Asia Pacific was followed by North America which accounted for nearly 25% of the total market share owing to high demand from end-use industries such as personal care and household chemicals along with rapid industrialization across Mexico and Canada that has led to an increase in production capacities for these end-use markets at home along with exports overseas thus propelling regional growth significantly.

Growth Factors:

  • Increasing demand for natural and organic personal care products.
  • Rising awareness about the benefits of lauric acid for hair, skin, and nails.
  • Growing popularity of coconut oil as a natural moisturizer and anti-aging agent.
  • Increasing use of lauric acid in food supplements and functional foods/beverages.
  • Emerging applications of lauric acid in the pharmaceutical industry

Scope Of The Report

Report Attributes

Report Details

Report Title

Lauric Acid Market Research Report

By Type

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

By Application

Coating, Household Chemicals, Others

By Companies

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

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Lauric Acid Market Report Segments:

The global Lauric Acid market is segmented on the basis of:


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

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.


Coating, Household Chemicals, Others

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:

  1. Wilmar
  3. IOI Oleochemicals
  4. Musim Mas
  5. Oleon
  6. KAO
  7. Permata Hijau
  8. Pacific Oleochemicals
  9. PT.Cisadane Raya
  10. Emery
  12. Bakrie
  13. SOCI
  14. Godrej Industries
  15. AAK AB
  16. VVF

Global Lauric Acid Market Overview

Highlights of The Lauric Acid Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. ≥99% Lauric Acid
    2. 98-99% Lauric Acid
    3. 70-75% Lauric Acid
    4. Other Lauric Acid (92%, 85%, etc.)
  1. By Application:

    1. Coating
    2. Household Chemicals
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Lauric Acid 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.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Lauric Acid Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Lauric acid is a monounsaturated fatty acid that is found in coconut oil, palm oil, and other tropical oils. Lauric acid has been shown to be effective at fighting against viruses and bacteria.

Some of the major players in the lauric acid market are 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 lauric acid 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 Lauric Acid 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 Lauric Acid Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Lauric Acid 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 Lauric Acid 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 Lauric Acid Market Size & Forecast, 2020-2028       4.5.1 Lauric Acid Market Size and Y-o-Y Growth       4.5.2 Lauric Acid Market Absolute $ Opportunity

Chapter 5 Global  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  Market Size Forecast by Type
      5.2.1 ≥99% Lauric Acid
      5.2.2 98-99% Lauric Acid
      5.2.3 70-75% Lauric Acid
      5.2.4 Other Lauric Acid (92%
      5.2.5  85%
      5.2.6  etc.)
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  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  Market Size Forecast by Applications
      6.2.1 Coating
      6.2.2 Household Chemicals
      6.2.3 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Lauric Acid 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 Lauric Acid 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  Analysis and Forecast
   9.1 Introduction
   9.2 North America  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  Market Size Forecast by Type
      9.6.1 ≥99% Lauric Acid
      9.6.2 98-99% Lauric Acid
      9.6.3 70-75% Lauric Acid
      9.6.4 Other Lauric Acid (92%
      9.6.5  85%
      9.6.6  etc.)
   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  Market Size Forecast by Applications
      9.10.1 Coating
      9.10.2 Household Chemicals
      9.10.3 Others
   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  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  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  Market Size Forecast by Type
      10.6.1 ≥99% Lauric Acid
      10.6.2 98-99% Lauric Acid
      10.6.3 70-75% Lauric Acid
      10.6.4 Other Lauric Acid (92%
      10.6.5  85%
      10.6.6  etc.)
   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  Market Size Forecast by Applications
      10.10.1 Coating
      10.10.2 Household Chemicals
      10.10.3 Others
   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  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  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  Market Size Forecast by Type
      11.6.1 ≥99% Lauric Acid
      11.6.2 98-99% Lauric Acid
      11.6.3 70-75% Lauric Acid
      11.6.4 Other Lauric Acid (92%
      11.6.5  85%
      11.6.6  etc.)
   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  Market Size Forecast by Applications
      11.10.1 Coating
      11.10.2 Household Chemicals
      11.10.3 Others
   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  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  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  Market Size Forecast by Type
      12.6.1 ≥99% Lauric Acid
      12.6.2 98-99% Lauric Acid
      12.6.3 70-75% Lauric Acid
      12.6.4 Other Lauric Acid (92%
      12.6.5  85%
      12.6.6  etc.)
   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  Market Size Forecast by Applications
      12.10.1 Coating
      12.10.2 Household Chemicals
      12.10.3 Others
   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)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  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)  Market Size Forecast by Type
      13.6.1 ≥99% Lauric Acid
      13.6.2 98-99% Lauric Acid
      13.6.3 70-75% Lauric Acid
      13.6.4 Other Lauric Acid (92%
      13.6.5  85%
      13.6.6  etc.)
   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)  Market Size Forecast by Applications
      13.10.1 Coating
      13.10.2 Household Chemicals
      13.10.3 Others
   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 Lauric Acid Market: Competitive Dashboard
   14.2 Global Lauric Acid Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Wilmar
      14.3.2 KLK OLEO
      14.3.3 IOI Oleochemicals
      14.3.4 Musim Mas
      14.3.5 Oleon
      14.3.6 KAO
      14.3.7 Permata Hijau
      14.3.8 Pacific Oleochemicals
      14.3.9 PT.Cisadane Raya
      14.3.10 Emery
      14.3.11 PT.SUMI ASIH
      14.3.12 Bakrie
      14.3.13 SOCI
      14.3.14 Godrej Industries
      14.3.15 AAK AB
      14.3.16 VVF

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