Monday, August 26, 2013

Popular Market Report: China Lactic Acid and Derivative Market Trends Industry Report 2013

China’s lactic acid capacity and output continued to grow at the respective CAGR of 22.7% and 28.7% in 2007-2011. But limited by market demand, the annual output of most vendors was below their designed annual capacity with a high idle capacity rate. In 2010-2011, China’s idle annual capacity of lactic acid reached at least 110,000 tons. The capacity and output in 2012 were estimated to be 329,000 tons and 226,000 tons respectively, up 15% and 28.4% separately from 2011.


Henan Jindan Lactic Acid Technology and Chongqing Bofei Biochemical Products possess the largest lactic acid capacity in China. In 2012, their combined capacity of the two totaled 175,000 tons, equivalent to 53.2% of China’s total lactic acid capacity. Each of other lactic acid enterprises seizes the capacity of 10,000-30,000 tons averagely.

In China, the food and beverage industry is accustomed to use lactic acid in condiments, liquor brewery industry, milk processing and others. In 2012, the food and beverage industry consumed about 161,000 tons of lactic acid, accounting for 49.2% of China's total lactic acid consumption; 119,000 tons of lactic acid (36.1%) was applied to leather manufacturing, microelectronics, electroplating industry, polylactic acid production and other industrial fields.

By virtue of pollution-free, degradability and alternative properties (polylactic acid can replace petroleum-based materials excellently), polylactic acid has become one of the most potential derivatives in China lactic acid industry. With the completion of the technological transformation of most polylactic acid manufacturers and the operation of new production lines, China’s polylactic acid capacity reached 85,500-102,000 tons in 2012. As a giant in China polylactic acid industry, Hisun Biomaterials attained the polylactic acid capacity of approximately 30,000 tons in 2012 and it is building one 20,000 t / a polylactic acid project.

Table of Content

1 Introduction to Lactic Acid and Derivatives
1.1 Definition of Lactic Acid
1.2 Chinese Industrial Policies about Lactic Acid and Derivatives
1.2.1 Lactic Acid
1.2.2 Polylactic Acid

2 Development of Global Lactic Acid and Derivative Industry 
2.1 Competition Pattern 
2.2 Market Supply and Demand 
2.3 Outlook 

To Buy The Copy of This Report Visithttp://www.marketresearchreports.biz/analysis/173491

3 Development of China Lactic Acid and Derivative Industry
3.1 Market Supply and Demand 
3.2 Competition Pattern 
3.3 Outlook 
3.4 Application Prospect of Polylactic Acid  
3.4.1 Pharmaceutical Field
3.4.2 Others 
            
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