Global Lauric Acid Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Purity;

Low Purity (Less than 70%), Medium Purity (70-85%), High Purity (85-98%), and Ultra High Purity (98-99%).

By Application;

Emulsifier, Additive, Chemical Intermediate, Lubricant, and Surfactant.

By End Use;

Plastics & Polymers, Food & Beverage, Textiles, Cosmetics & Personal Care, Soaps & Detergents, and Pharmaceuticals.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn522362417 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Lauric Acid Market (USD Million), 2021 - 2031

In the year 2024, the Global Fiber Reinforced Concrete (Frc) Market was valued at USD 684.36 million. The size of this market is expected to increase to USD 813.49 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 2.5%.

The global lauric acid market is an integral part of the broader fatty acids industry, with significant applications in various sectors such as food and beverages, personal care, pharmaceuticals, and industrial chemicals. Lauric acid, a saturated medium-chain fatty acid, is primarily derived from coconut oil and palm kernel oil. It is widely recognized for its versatile properties, including its ability to act as an emulsifier, surfactant, and antimicrobial agent. These properties make lauric acid a valuable ingredient in numerous products, driving its demand across different industries globally.

One of the primary applications of lauric acid is in the food and beverage industry, where it is used to enhance the texture and shelf life of products such as margarine, non-dairy creamers, and baked goods. The personal care industry also significantly utilizes lauric acid in the formulation of soaps, shampoos, and cosmetics due to its excellent lathering and moisturizing properties. Additionally, the pharmaceutical industry incorporates lauric acid in the production of various medicinal products, leveraging its antimicrobial and antiviral properties. The industrial sector benefits from lauric acid’s role as a raw material in the manufacture of detergents, surfactants, and lubricants.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Purity
    2. Market Snapshot, By Application
    3. Market Snapshot, By End Use
    4. Market Snapshot, By Region
  4. Global Lauric Acid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Personal care demand
        2. Health-conscious consumers
        3. Sustainable sourcing practices
        4. Increased industrial applications
        5. Growing food sector
      2. Restraints
        1. Price volatility
        2. Supply chain disruptions
        3. Regulatory compliance costs
        4. Environmental concerns
        5. Limited raw materials
      3. Opportunities
        1. Emerging markets growth
        2. Bio-based alternatives
        3. Innovation in applications
        4. Strategic partnerships
        5. Enhanced production technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Lauric Acid Market, By Purity, 2021 - 2031 (USD Million)
      1. Low Purity (Less than 70%)
      2. Medium Purity (70-85%)
      3. High Purity (85-98%)
      4. Ultra High Purity (98-99%).
    2. Global Lauric Acid Market, By Application, 2021 - 2031 (USD Million)
      1. Emulsifier
      2. Additive
      3. Chemical Intermediate
      4. Lubricant
      5. Surfactant.
    3. Global Lauric Acid Market, By End Use, 2021 - 2031 (USD Million)
      1. Plastics & Polymers
      2. Food & Beverage
      3. Textiles
      4. Cosmetics & Personal Care
      5. Soaps & Detergents
      6. Pharmaceuticals.
    4. Global Lauric Acid Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Wilmar International Limited
      2. IOI Oleochemical
      3. Kraton Polymers
      4. Cognis
      5. Sambavan Chemicals
      6. Ecogreen Oleochemicals
      7. Pacific Oleochemicals
      8. Vantage Specialty Chemicals
      9. Austintown Chemical
      10. Jebsen & Jessen Ingredients
  7. Analyst Views
  8. Future Outlook of the Market