ResearchMoz.us include new market research report" Research Report on Lactic Acid and Polylactic Acid (PLA) Industry in China, 2014-2018" to its huge collection of research reports.
Albany, NY -- (SBWIRE) -- 06/09/2014 -- As an important kind of organic acid, lactic acid is widely used in industries of food, beverage, brewing, spice, medicine, leather, cigarette, chemical engineering as well as printing and dyeing. As the application areas of lactic acid and its derivatives expand and the consumption increases, demand for lactic acid keeps increasing in China. Lactic acid is also widely used as pH modifying agent in beer. Demand for lactic acid continues to increase in food industry.
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Polylactic acid is transformed from lactic acid. It can transform industrial plastic products, food packaging and nonwoven cloth to civil products, which can be further processed into various textiles and sanitary products. The market possesses huge potential for growth. Similar to the membrane made from polystyrene, polylactic acid provides fine gloss and transparency which other biodegradable products cannot provide.
Major production regions of lactic acid are the U.S.A., Western Europe, Japan and China while nearly 80% of the manufacturers adopt zymotechnics in production. The production capacity of lactic acid is concentrated in North America, Asia and Europe. The output volume of lactic acid in Asia is the largest, accounting for 40% of the global output volume, while North America is the largest consumer with the proportion of 40% in the world. Lactic acid is widely used in many areas. In recent years, as resources reserves decrease and people's concern for environment protection increases, degradable polylactic acid (PLA) made from lactic acid becomes the new focus of global researchers, which promotes the development and production of lactic acid, a green platform chemical.
In Chinese lactic acid industry, only a few enterprises, such as COFCO Biochemical (Anhui) Co., Ltd., Henan Jindan Lactic Acid Technology Co., Ltd. and Hebei Xinhua Limited Company, can reach the annual production capacity of tens of thousands of tons. Most enterprises have small scales and the annual production capacity of hundreds to thousands of tons. Many enterprises announce plans of new projects with large scales.
A sound industry chain system is formed in Chinese lactic acid industry. In terms of the constitution of upstream and downstream industries, lactic acid manufacture industry is the extension of raw material industry. The development of highend industry chain from raw materials to products is partially realized.
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In China, upstream raw material for lactic acid is corn starch while downstream includes food, medicine, cosmetic, and agricultural product industry. Industries with the largest consumption of lactic acid are food and beverages with average annual growth rate of 10%, including condiments, liquor and milk. Industrial application areas are leather manufacture, microelectronics, electroplating industry and PLA production.
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