Market Share of Asia-Pacific Lactic Acid Industry
The major competitors prefer investment in new product development, widening the application market, and marketing strategy due to volatility in commodity costs to maintain their position. Henan Jindan is the largest producer and exporter of lactic acid in China and the region. The company uses the new membrane technology for the separation and purification process of lactic acid, which aids in the efficiency of production and reduces energy consumption. Some of the major players in the Asia-Pacific lactic acid market are Corbion NV, Henan Jindan Lactic Acid Technology Co. Ltd, NingXia Hypow Bio-Technology Co. Ltd, Cellulac, and Galactic, among others.
APAC Lactic Acid Market Leaders
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Corbion NV
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Henan Jindan Lactic Acid Technology Co., Ltd
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Cellulac
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Galactic
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DuPont
*Disclaimer: Major Players sorted in no particular order
