Market Trends Shaping Ethyl Lactate Demand Over 2025–2032
The global ethyl lactate market size was valued at USD 4.50 billion in 2024 and is projected to grow from USD 4.75 billion in 2025 to USD 6.93 billion by 2032, exhibiting a CAGR of 5.54% during the forecast period.
Market Overview and Growth Outlook
The ethyl lactate market has gained considerable traction due to the increasing demand for sustainable alternatives to petroleum-based solvents....
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