Lauric acid, also properly known as dodecanoic acid, is a saturated fatty acid commonly found in coconut and palm oils, as well as in milk. Appearing as a white, powdery substance, its main use in manufacturing is as an ingredient in soaps and shampoos. Infants consume it during breastfeeding, and children, teens and adults ingest it by eating the fruits and oils that contain it. Research suggests it can have multiple health benefits because of its antimicrobial properties, but more studies are necessary to confirm initial results.
Global Lauric Acid key players include Wilmar, KLK OLEO, IOI Oleochemicals, Musim Mas, Oleon etc. Global top five manufacturers hold a share over 50%.
Asia-Pacific is the largest market, with a share over 40%, followed by North America and Europe, both have a share over 40% percent.
In terms of product, ≥99% Lauric Acid is the largest segment, with a share over 70%. And in terms of application, the largest application is Coating followed by Household Chemicals.

Market Analysis and Insights: Global and China Lauric Acid Market
This report focuses on global and China Lauric Acid market.
In 2020, the global Lauric Acid market size was US$ 620.8 million and it is expected to reach US$ 732.9 million by the end of 2027, with a CAGR of 2.4% during 2021-2027. In China the Lauric Acid market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Lauric Acid Scope and Market Size
Lauric Acid market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Lauric Acid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Lauric Acid market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
≥99% Lauric Acid
98-99% Lauric Acid
70-75% Lauric Acid
Other Lauric Acid (92%, 85%, etc.)

Segment by Application
Coating
Household Chemicals
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
Wilmar
KLK OLEO
IOI Oleochemicals
Musim Mas
Oleon
KAO
Permata Hijau
Pacific Oleochemicals
PT.Cisadane Raya
Emery
PT.SUMI ASIH
Bakrie
SOCI
Godrej Industries
AAK AB
VVF