DUBLIN, Mar. 05, 2014
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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.
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.
Key Topics Covered:
1 Introduction to Lactic Acid and Derivatives
2 Development of Global Lactic Acid and Derivative Industry
3 Development of China Lactic Acid and Derivative Industry
4 Polylactic Acid Import and Export in China
5 Major Lactic Acid and Derivative Companies in the World
6 Major Lactic Acid and Derivative Enterprises in China
- Anhui COFCO Biochemical & GALACTIC
- Chongqing Bofei Biochemical Products
- Henan Jindan Lactic Acid Technology
- Hunan Anhua Lactic Acid Plant
- Musashino Chemical (China)
- Nantong Jiuding Biological Engineering
- Ningxia Hypow Biotechnology
- Shanxi Leda Biochemical
- Shengnongli (Huludao) Biotechnology
- Shenzhen Esun Industrial
- Wuhan Sanjiang Space Good Biotech
- Xiaogan Kaifeng Bioengineering
- Yancheng Haijianuo Biological Engineering
- Yangtze Labre
- Zhejiang Hisun Biomaterials
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SOURCE Research and Markets