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  4. > Global and China Lactic Acid and Derivative Industry Report, 2014-2016

Global lactic acid consumption has been growing steadily and rapidly since 2008, and the market capacity has arrived at 800,000 tons in 2013. The United States is still the largest consumer market in the world, accounting for 31% of total lactic acid consumption in 2013; China surpassed Western Europe to become the second largest lactic acid market, with growth in consumption primarily benefiting from increasing demand in the food and beverage processing industry as well as robust export demand.

PURAC, Cargill and Henan Jindan Lactic Acid Technology Co., Ltd. as the world’s top three lactic acid manufacturers boasted a combined capacity of 505,000 tons in 2013. Cargill mainly supplies lactic acid products to its subsidiary - NatureWorks for production of polylactic acid.

Polylactic acid is one of the most potential applications of lactic acid. Since the smooth realization of industrial production in the 1990s, polylactic acid has seen incremental application in biomedicinel, automotive, electronics and other fields, accompanied by intensified development efforts in various countries. Currently, leading polylactic acid manufacturers are concentrated in the United States, the Netherlands, Germany and other developed countries.

In 2013, global polylactic acid capacity hovered around 320,000 tons, of which 90% came from six major manufacturers. Natureworks as the largest one had an annual capacity of 150,000 tons and market share of 45.2%.

Polylactic acid industry started relatively late in China, seeing gradual transition from laboratory to pilot industrial-production units only after 1990s. In 2014 China’s polylactic acid capacity was approximately 13,700 tons, increasing by 4,800 tons over 2008. Most of the existing polylactic acid devices in China have small-scale production; the industry leader – Zhejiang Hisun Biomaterials Co., Ltd has an annual capacity of 10,000 tons, while others such as Henan Piaoan Group Co., Ltd. and Nantong Jiuding Biological Engineering Co.,Ltd. have never exceeded 1,000 tons.

Global and China Lactic Acid and Derivative Industry Report, 2014-2016 highlights the followings:
Competition pattern, market supply and demand, development prospect, etc. of global lactic acid and derivative industry;
Market supply and demand, competition pattern, development prospect, PLA application prospect of China lactic acid and derivative industry;
Import and export of Chinese lactic acid and derivatives including polylactic acid, lactic acid, lactate salt and lactic ester;
Production, operation, lactic acid and derivative business, etc. of four companies worldwide (PURAC, GALACTIC, ADM and Cargill)
Operation, lactic acid and derivative business, etc. of 15 domestic companies (Hisun Biomaterials, COFCO Biochemical & GALACTIC, Jindan Lactic Acid, Sanjiang Space Good Biotech)

Table Of Contents

Global and China Lactic Acid and Derivative Industry Report, 2014-2016
1. Introduction to Lactic Acid and Derivatives
1.1 Definition of Lactic Acid
1.2 Policies on China Lactic Acid and Derivative Industry
1.2.1 Lactic Acid
1.2.2 Polylactic Acid

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

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

4. Import and Export of Chinese Lactic Acid and Derivatives
4.1 Polylactic Acid
4.2 Lactic Acid, Lactate Salt and Lactic Ester

5. Major Lactic Acid and Derivative Companies in the World
5.1 PURAC
5.1.1 Profile
5.1.2 Production
5.1.3 Operation
5.2 GALACTIC
5.2.1 Profile
5.2.2 Development History
5.2.3 Operation
5.3 ADM
5.3.1 Profile
5.3.2 Operation
5.4 Cargill
5.4.1 Profile
5.4.2 Operation
5.4.3 Lactic Acid Business

6. Major Lactic Acid and Derivative Companies in China
6.1 Zhejiang Hisun Biomaterials
6.1.1 Profile
6.1.2 Main Products
6.1.3 Polylactic Acid Business
6.2 Anhui COFCO Biochemical and GALACTIC
6.2.1 Profile
6.2.2 Main Products
6.2.3 Operation
6.3 Henan Jindan Lactic Acid Technology
6.3.1 Profile
6.3.2 Main Products
6.3.3 Operation
6.3.4 RandD and Investment
6.4 Ningxia Hypow Biotechnology
6.4.1 Profile
6.4.2 Main Products
6.4.3 Lactic Acid Business
6.5 Chongqing Bofei Biochemical Products
6.5.1 Profile
6.5.2 Main Products
6.5.3 Lactic Acid Business
6.6 Xiaogan Kaifeng Bioengineering
6.6.1 Profile
6.6.2 Main Products
6.6.3 Lactic Acid Business
6.7 Yancheng Haijianuo Biological Engineering
6.7.1 Profile
6.7.2 Main Products
6.7.3 Operation
6.8 Wuhan Sanjiang Space Good Biotech
6.8.1 Profile
6.8.2 Main Products
6.9 Others
6.9.1 Shanxi Leda Biochemical
6.9.2 Shengnongli (Huludao) Biotechnology
6.9.3 Hunan Anhua Lactic Acid Factory
6.9.4 Musashino Chemical (China)
6.9.5 Shenzhen Esun Industrial
6.9.6 Nantong Jiuding Biological Engineering
6.9.7 Yangtze Labre

7. Summary and Forecast
7.1 Summary
7.2 Forecast

Companies Mentioned
PURAC
GALACTIC
ADM
Cargill
Zhejiang Hisun Biomaterials
Anhui COFCO Biochemical and GALACTIC
Henan Jindan Lactic Acid Technology
Ningxia Hypow Biotechnology
Chongqing Bofei Biochemical Products
Xiaogan Kaifeng Bioengineering
Yancheng Haijianuo Biological Engineering
Wuhan Sanjiang Space Good Biotech
Shanxi Leda Biochemical
Shengnongli (Huludao) Biotechnology
Hunan Anhua Lactic Acid Factory
Musashino Chemical (China)
Shenzhen Esun Industrial
Nantong Jiuding Biological Engineering
Yangtze Labre

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