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.
To
Read the Complete Report with TOC Visit:
http://www.marketresearchreports.biz/analysis-details/china-lactic-acid-and-derivative-industry-report-2013
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.
The report covers the followings:
- 20120114.gif Competition pattern, market supply and demand and outlook of the global lactic acid and derivative industry;
- 20120114.gif Market supply and demand, competition pattern, outlook, and polylactic acid application prospect of China lactic acid and derivative industry;
- 20120114.gif Import and export of Chinese lactic acid and derivatives including polylactic acid, lactic acid, lactate salt and lactic ester ;
- 20120114.gif Operation of global lactic acid and derivative companies PURAC, GALACTIC, ADM and Cargill;
- 20120114.gif Operation of 15 Chinese lactic acid and derivative enterprises (including Hisun Biomaterials, COFCO Biochemical GALACTIC, Jindan Lactic Acid, Hypow Biotechnology, Bofei Biochemical Products, Kaifeng Bioengineering, Haijianuo Biological Engineering and Sanjiang Space Good Biotech).
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