Global Lauric Acid Market, By Type (>= 99% Lauric Acid, 98-99% Lauric Acid, 70-75% Lauric Acid), By Application (Coating, Household Chemical, Pharmaceuticals, Personal Care and Others), By Region (North America, Eastern Europe, Western Europe, Asia Pacific, Middle East, Rest of the World) – Market Size & Forecasting (2016-2028)

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The Lauric Acid  Market is expected to promise high growth owing to the growth of the pharmaceutical sector in recent years. Increasing demand from applications including coating, household chemical, pharmaceuticals, personal care, and others is expected to drive the growth of the market.

Segment Analysis: 

Lauric acid is a saturated fatty acid that is considered to be a powerful substance in terms of its energy storage. They are generally found in coconut and palm kernel oils and thus are derived naturally. It used for many medicinal purposes like in the treatment of weight loss, Alzheimer, different viral flu, etc. The major industries in which it is used are pharmaceuticals, personal, care, coatings, household chemicals and so on.

The growth of the personal care industry is directly affecting the need for lauric acid, which is the key factor for the growth of the global lauric acid market. It’s varying use in the treatment of different diseases leading to the growth of the pharmaceutical industry. An increase in demand from coating and chemical industries is expected to boost the growth of the global lauric acid market.

Some of the key Impact Factors:

  • The growth of demand from the personal care industry
  • The growth of the pharmaceutical sector

Regional Analysis: 

On the basis of the region, the lauric acid market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe are some of the major markets that are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe.  This region has been witnessing a number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Moreover, regulatory authorities have imposed strict guidelines with regard to environmental concerns and potential health hazards due to exposures. This has been more instrumental in the Western Europe region competitively. Some of the major economies in these regions include the US, Germany, UK, France, Canada, Italy, Spain, and so on.

The Asia Pacific and the Middle East are expected to register substantial growth in the lauric acid market during the forecast period. This demand is with regard to the growth of major applications such as coating, household chemical, pharmaceuticals, personal care, and others. Major countries in the Asia Pacific region include China, South Korea, Japan, India, Australia, and so on. Middle East includes the UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region.  Rest the World that includes South America and Africa has a strong potential for the lauric acid market. There has been an increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for the lauric acid market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: VVF LLC, Acme-Hardesty, Sensnutrition, Acme Chem, Parchem fine & specialty chemicals, Timur OleoChemicals, Volac Wilmar Feed Ingredients Limited…

Market Segmentation:

By Type:

  • >= 99% Lauric Acid
  • 98-99% Lauric Acid
  • 70-75% Lauric Acid

By Application:

  • Coating
  • Household Chemical
  • Pharmaceuticals
  • Personal Care
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Application
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Application
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Application
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Application
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By Application

Reasons to buy this report:

  • Market size estimation of the lauric acid market on a regional and global basis
  • The unique research design for market size estimation and forecasts
  • Profiling of the major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market


We provide customization of the study to meet the specific requirements:

  • By segment
  • By sub-segment
  • By region/ country

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