Global Lactate Market to Double in Value, Reaching USD 1,251.3 Million by 2034 Amid Rising Demand for Sustainable Solutions | Future Market Insights, Inc. [Yahoo! Finance]
Stepan Company (SCL)
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Source: Yahoo! Finance
Lactates, which are salts of lactic acid, are widely used for their preservative, mineral supplementation, and antimicrobial properties. NEWARK, DE / ACCESSWIRE / November 27, 2024 / According to a Future Market Insights (FMI), the global lactate market is expected to experience significant growth, with its valuation projected to increase from USD 591.3 Million in 2024 to an impressive USD 1,251.3 Million by 2034. This reflects a compound annual growth rate (CAGR) of over the forecast period, driven by rising demand for sustainable and environmentally friendly chemicals across multiple industries. Lactates, organic salts derived from lactic acid , are gaining traction due to their biodegradable and non-toxic nature. Widely used in food and beverage, pharmaceutical, cosmetic, and industrial applications, lactates are being embraced as safe and eco-conscious alternatives to conventional chemicals. As global industries prioritize sustainability, the lactate market is positioned to ca
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News
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- Stepan (NYSE: SCL) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Stepan (NYSE: SCL) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Stepan (NYSE: SCL) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
SCL
Earnings
- 10/30/24 - Beat
SCL
Sec Filings
- 12/19/24 - Form 8-K/A
- 11/25/24 - Form 144
- 11/18/24 - Form 4
- SCL's page on the SEC website