Gypsum-free Lactic Acid Market Volume Analysis, Segments, Value Share and Key T

Posted by Shirish Wadaskar on August 8th, 2019

As the global production of gypsum has reached unsustainable levels, lactic acid manufacturing companies are paying more attention towards the development of new production process that use new, recyclable materials and do no form gypsum. Gypsum, a by-product of lactic acid, has no further use and is problematic in disposal as several countries have banned the landfilling of gypsum and other wastes with high sulfate content.

In the recent years, gypsum-free lactic acid has been gaining momentum for its improved sustainability and a range of agro, food & beverage, technical, and biotechnology applications. Moreover, continuous development in processes of manufacturing lactic acid that ensure recycling of all chemicals, resource efficiency, and elimination of by-products, has been directly influencing the growth of gypsum-free lactic acid market.

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Gypsum-free Lactic Acid Market – Competitive Landscape

• In March 2019, Corbion, a leading player in gypsum-free lactic acid market, announced that it has entered into agreement with shareholders of Granotec do Brazil to acquire the company’s full ownership to drive further expansion in food ingredients in Latin America. The completion of the acquisition is expected in the first half of 2019, and is still subject to customary approvals.
• In October 2018, Jungbunzlauer announced that it has sold its sodium diacetate business to Niacet Corp., a leading producer of organic salts of acetic and propionic acids. The company has decided to sell a small portion of its business to focus its portfolio on materials produced by fermentation from renewable raw materials, Jungbunzlauer wrote in a statement.