Butyl Lactate Global Market

Butyl Lactate Global Market

Global Butyl Lactate Market Industry Research Report 2026

Explore detailed insights, trends, growth drivers, key players, and forecasts for the Global Butyl Lactate Market Industry Research Report 2026 market worldwide.

Pages: 180

Format: PDF

Date: 01-2026

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Global Butyl Lactate Market Report 2025–2036

Market Overview

Chem Reports projects that the Butyl Lactate market was valued at USD xxxx units in 2025 and is expected to reach USD xxxx units by 2036, growing at a CAGR of xx% globally.

The Global Butyl Lactate Market Report 2025 provides comprehensive industry analysis of development drivers, market patterns, flows, and size dynamics. It evaluates historical and current market values to forecast potential performance during 2026–2036.

This study integrates both primary and secondary data sources, examining factors such as government policies, market environment, competitive landscape, historical data, current trends, technological innovation, upcoming technologies, and technical progress in related industries.

Impact of COVID-19

The COVID-19 outbreak in December 2019, declared a global public health emergency by the World Health Organization, disrupted supply chains and altered demand patterns across industries. The Butyl Lactate market experienced significant impacts in 2020, particularly in paints, agrochemicals, and electronics, with delayed production cycles and fluctuating demand.

Market Segmentation

By Type

  • D-Type Butyl Lactate
  • L-Type Butyl Lactate

By Application

  • Paints & Inks
  • Agrochemicals
  • Electronics
  • Others (including specialty solvents and coatings)

By End-User

  • Industrial Manufacturers
  • Agrochemical Producers
  • Electronics & Semiconductor Industry
  • Specialty Chemical Companies

Regional Analysis

  • North America: Strong demand from paints, coatings, and electronics; regulatory frameworks encourage bio-based solvents.
  • Europe: Mature market with emphasis on sustainability and eco-friendly solvents; strong adoption in agrochemicals.
  • Asia-Pacific: Fastest-growing region, led by China and India’s expanding paints, agrochemicals, and electronics industries.
  • South America: Moderate growth, with Brazil and Argentina showing demand in agrochemicals and coatings.
  • Middle East & Africa: Emerging demand in industrial and agricultural applications; gradual adoption of bio-based solvents.

Key Players

  • Corbion
  • Galactic
  • Yancheng Hongtai Bioengineering
  • Huade Biological Engineering
  • Yibang Industry & Commerce
  • Jindan Lactic Acid
  • Pianguan Shenxia
  • Additional Notable Players:
  • Henan Jindan Lactic Acid Technology
  • Musashino Chemical Laboratory
  • Vertec BioSolvents
  • Godavari Biorefineries
  • Cargill Incorporated
  • BASF SE (bio-based solvents division)

Regional Analysis

  • North America: Strong demand from paints, coatings, and electronics; regulatory frameworks encourage adoption of bio-based solvents.
  • Europe: Mature market with emphasis on sustainability and eco-friendly solvents; agrochemicals and specialty coatings drive demand.
  • Asia-Pacific: Fastest-growing region, led by China and India’s expanding paints, agrochemicals, and electronics industries.
  • South America: Moderate growth, with Brazil and Argentina showing demand in agrochemicals and coatings.
  • Middle East & Africa: Emerging demand in industrial and agricultural applications; gradual adoption of bio-based solvents.

Detailed Segmentation Analysis

By Type

  • D-Type Butyl Lactate
  • L-Type Butyl Lactate

By Application

  • Paints & Inks
  • Agrochemicals
  • Electronics
  • Others (specialty solvents, coatings, cleaning agents)

By End-User

  • Industrial Manufacturers
  • Agrochemical Producers
  • Electronics & Semiconductor Industry
  • Specialty Chemical Companies

Porter’s Five Forces

  1. Threat of New Entrants: Moderate; bio-based solvent production requires capital and technology but demand is rising.
  2. Bargaining Power of Suppliers: Moderate; lactic acid feedstock availability impacts pricing.
  3. Bargaining Power of Buyers: High; industrial buyers demand consistent quality and competitive pricing.
  4. Threat of Substitutes: Moderate; alternative solvents (ethyl lactate, glycol ethers) compete in certain applications.
  5. Industry Rivalry: High; multiple global and regional players compete on cost, purity, and sustainability.

SWOT Analysis

Strengths

  • Eco-friendly solvent with broad industrial applications.
  • Strong demand in paints, agrochemicals, and electronics.

Weaknesses

  • Dependence on lactic acid feedstock.
  • Limited awareness outside specialty applications.

Opportunities

  • Rising demand for bio-based solvents in Europe and North America.
  • Expansion into electronics and semiconductor cleaning applications.
  • Growth in agrochemical formulations in emerging economies.

Threats

  • Competition from alternative solvents.
  • Regulatory restrictions on chemical manufacturing.
  • Volatility in raw material costs.

Trend Analysis

  • Increasing focus on bio-based and eco-friendly solvents.
  • Rising adoption in electronics cleaning and semiconductor industries.
  • Growth in agrochemical formulations requiring safer solvents.
  • Asia-Pacific emerging as the dominant production and consumption hub.

Drivers & Challenges

Drivers

  • Expanding paints and coatings industry.
  • Rising demand for eco-friendly solvents in agrochemicals.
  • Technological advancements in lactic acid fermentation and solvent production.

Challenges

  • Volatility in lactic acid feedstock prices.
  • Regulatory compliance and environmental restrictions.
  • Intense competition from alternative solvents.

Value Chain Analysis

  • Raw Materials: Lactic acid feedstock from fermentation processes.
  • Manufacturing: Esterification processes to produce D-type and L-type butyl lactate.
  • Distribution: Global chemical distributors and direct supply to industrial buyers.
  • End-Use Applications: Paints, inks, agrochemicals, electronics, specialty solvents.

Key Players

  • Corbion
  • Galactic
  • Yancheng Hongtai Bioengineering
  • Huade Biological Engineering
  • Yibang Industry & Commerce
  • Jindan Lactic Acid
  • Pianguan Shenxia
  • Henan Jindan Lactic Acid Technology
  • Musashino Chemical Laboratory
  • Vertec BioSolvents
  • Godavari Biorefineries
  • Cargill Incorporated
  • BASF SE (bio-based solvents division)

Quick Recommendations for Stakeholders

  • Manufacturers: Invest in expanding production capacity and focus on high-purity grades for electronics.
  • Investors: Target Asia-Pacific and Europe for growth opportunities in paints, agrochemicals, and electronics.
  • Policy Makers: Encourage sustainable solvent production and support bio-based chemical innovation.
  • End-Users: Secure long-term supply contracts to manage feedstock volatility and ensure consistent quality.

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1. Market Overview of Butyl Lactate
    1.1 Butyl Lactate Market Overview
        1.1.1 Butyl Lactate Product Scope
        1.1.2 Market Status and Outlook
    1.2 Butyl Lactate Market Size by Regions:
    1.3 Butyl Lactate Historic Market Size by Regions
    1.4 Butyl Lactate Forecasted Market Size by Regions
    1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
        1.5.1 North America
        1.5.2 East Asia
        1.5.3 Europe
        1.5.4 South Asia
        1.5.5 Southeast Asia
        1.5.6 Middle East
        1.5.7 Africa
        1.5.8 Oceania
        1.5.9 South America
        1.5.10 Rest of the World
    1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
        1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2025 Projections
        1.6.2 Covid-19 Impact: Commodity Prices Indices
        1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Butyl Lactate Sales Market by Type
    2.1 Global Butyl Lactate Historic Market Size by Type
    2.2 Global Butyl Lactate Forecasted Market Size by Type
    2.3 D Type
    2.4 L Type
3. Covid-19 Impact Butyl Lactate Sales Market by Application
    3.1 Global Butyl Lactate Historic Market Size by Application
    3.2 Global Butyl Lactate Forecasted Market Size by Application
    3.3 Paints & Inks
    3.4 Agrochemicals
    3.5 Electronics
    3.6 Other
4. Covid-19 Impact Market Competition by Manufacturers
    4.1 Global Butyl Lactate Production Capacity Market Share by Manufacturers
    4.2 Global Butyl Lactate Revenue Market Share by Manufacturers
    4.3 Global Butyl Lactate Average Price by Manufacturers
5. Company Profiles and Key Figures in Butyl Lactate Business
    5.1 Corbion
        5.1.1 Corbion Company Profile
        5.1.2 Corbion Butyl Lactate Product Specification
        5.1.3 Corbion Butyl Lactate Production Capacity, Revenue, Price and Gross Margin
    5.2 Galactic
        5.2.1 Galactic Company Profile
        5.2.2 Galactic Butyl Lactate Product Specification
        5.2.3 Galactic Butyl Lactate Production Capacity, Revenue, Price and Gross Margin
    5.3 Yancheng Hongtai Bioengineering
        5.3.1 Yancheng Hongtai Bioengineering Company Profile
        5.3.2 Yancheng Hongtai Bioengineering Butyl Lactate Product Specification
        5.3.3 Yancheng Hongtai Bioengineering Butyl Lactate Production Capacity, Revenue, Price and Gross Margin
    5.4 Huade Biological Engineering
        5.4.1 Huade Biological Engineering Company Profile
        5.4.2 Huade Biological Engineering Butyl Lactate Product Specification
        5.4.3 Huade Biological Engineering Butyl Lactate Production Capacity, Revenue, Price and Gross Margin
    5.5 Yibang Industry & Commerce
        5.5.1 Yibang Industry & Commerce Company Profile
        5.5.2 Yibang Industry & Commerce Butyl Lactate Product Specification
        5.5.3 Yibang Industry & Commerce Butyl Lactate Production Capacity, Revenue, Price and Gross Margin
    5.6 Jindan Lactic Acid
        5.6.1 Jindan Lactic Acid Company Profile
        5.6.2 Jindan Lactic Acid Butyl Lactate Product Specification
        5.6.3 Jindan Lactic Acid Butyl Lactate Production Capacity, Revenue, Price and Gross Margin
    5.7 Pianguan Shenxia
        5.7.1 Pianguan Shenxia Company Profile
        5.7.2 Pianguan Shenxia Butyl Lactate Product Specification
        5.7.3 Pianguan Shenxia Butyl Lactate Production Capacity, Revenue, Price and Gross Margin
6. North America
    6.1 North America Butyl Lactate Market Size
    6.2 North America Butyl Lactate Key Players in North America
    6.3 North America Butyl Lactate Market Size by Type
    6.4 North America Butyl Lactate Market Size by Application
7. East Asia
    7.1 East Asia Butyl Lactate Market Size
    7.2 East Asia Butyl Lactate Key Players in North America
    7.3 East Asia Butyl Lactate Market Size by Type
    7.4 East Asia Butyl Lactate Market Size by Application
8. Europe
    8.1 Europe Butyl Lactate Market Size
    8.2 Europe Butyl Lactate Key Players in North America
    8.3 Europe Butyl Lactate Market Size by Type
    8.4 Europe Butyl Lactate Market Size by Application
9. South Asia
    9.1 South Asia Butyl Lactate Market Size
    9.2 South Asia Butyl Lactate Key Players in North America
    9.3 South Asia Butyl Lactate Market Size by Type
    9.4 South Asia Butyl Lactate Market Size by Application
10. Southeast Asia
    10.1 Southeast Asia Butyl Lactate Market Size
    10.2 Southeast Asia Butyl Lactate Key Players in North America
    10.3 Southeast Asia Butyl Lactate Market Size by Type
    10.4 Southeast Asia Butyl Lactate Market Size by Application
11. Middle East
    11.1 Middle East Butyl Lactate Market Size
    11.2 Middle East Butyl Lactate Key Players in North America
    11.3 Middle East Butyl Lactate Market Size by Type
    11.4 Middle East Butyl Lactate Market Size by Application
12. Africa
    12.1 Africa Butyl Lactate Market Size
    12.2 Africa Butyl Lactate Key Players in North America
    12.3 Africa Butyl Lactate Market Size by Type
    12.4 Africa Butyl Lactate Market Size by Application
13. Oceania
    13.1 Oceania Butyl Lactate Market Size
    13.2 Oceania Butyl Lactate Key Players in North America
    13.3 Oceania Butyl Lactate Market Size by Type
    13.4 Oceania Butyl Lactate Market Size by Application
14. South America
    14.1 South America Butyl Lactate Market Size
    14.2 South America Butyl Lactate Key Players in North America
    14.3 South America Butyl Lactate Market Size by Type
    14.4 South America Butyl Lactate Market Size by Application
15. Rest of the World
    15.1 Rest of the World Butyl Lactate Market Size
    15.2 Rest of the World Butyl Lactate Key Players in North America
    15.3 Rest of the World Butyl Lactate Market Size by Type
    15.4 Rest of the World Butyl Lactate Market Size by Application
16 Butyl Lactate Market Dynamics
    16.1 Covid-19 Impact Market Top Trends
    16.2 Covid-19 Impact Market Drivers
    16.3 Covid-19 Impact Market Challenges
    16.4 Porter?s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
    18.1 Research Methodology
        18.1.1 Methodology/Research Approach
        18.1.2 Data Source
    18.2 Disclaimer

Market Segmentation

By Type

  • D-Type Butyl Lactate
  • L-Type Butyl Lactate

By Application

  • Paints & Inks
  • Agrochemicals
  • Electronics
  • Others (including specialty solvents and coatings)

By End-User

  • Industrial Manufacturers
  • Agrochemical Producers
  • Electronics & Semiconductor Industry
  • Specialty Chemical Companies

Regional Analysis

  • North America: Strong demand from paints, coatings, and electronics; regulatory frameworks encourage bio-based solvents.
  • Europe: Mature market with emphasis on sustainability and eco-friendly solvents; strong adoption in agrochemicals.
  • Asia-Pacific: Fastest-growing region, led by China and India’s expanding paints, agrochemicals, and electronics industries.
  • South America: Moderate growth, with Brazil and Argentina showing demand in agrochemicals and coatings.
  • Middle East & Africa: Emerging demand in industrial and agricultural applications; gradual adoption of bio-based solvents.

Key Players

  • Corbion
  • Galactic
  • Yancheng Hongtai Bioengineering
  • Huade Biological Engineering
  • Yibang Industry & Commerce
  • Jindan Lactic Acid
  • Pianguan Shenxia
  • Additional Notable Players:
  • Henan Jindan Lactic Acid Technology
  • Musashino Chemical Laboratory
  • Vertec BioSolvents
  • Godavari Biorefineries
  • Cargill Incorporated
  • BASF SE (bio-based solvents division)

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