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Global Levulinic Acid Market PDF

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<strong>Levulinic</strong> acid <strong>Market</strong> Research Report – <strong>Global</strong><br />

Forecast to 2023<br />

Industry Survey, Growth, Competitive Landscape<br />

and Forecasts to 2023<br />

PREPARED BY<br />

<strong>Market</strong> Research Future<br />

(Part of Wantstats Research & Media Pvt. Ltd.)


<strong>Levulinic</strong> acid <strong>Market</strong> Research Report – <strong>Global</strong> Forecast to 2023<br />

<strong>Market</strong> Overview / Study Objective / Synopsis<br />

<strong>Levulinic</strong> acid also known as Keto acid is an organic compound obtained from the<br />

degradation of cellulose. It is extensively produced from manure, biomass, and<br />

brewery waste, and is regarded as an efficient replacement for petroleum-based<br />

products. <strong>Levulinic</strong> acid can also be produced by the oxidation of ketones and by acidic<br />

hydrolysis of furfuryl alcohol.<br />

The growing research and development activities in the chemical industry have<br />

resulted in the development of bio-based levulinic acid, which is anticipated to be the<br />

major opportunity in the market. <strong>Levulinic</strong> acid has a wide range of applications in<br />

end-user industries such as pharmaceuticals, cosmetics & personal care, agriculture,<br />

food, and beverages. The growing replacement of phthalate plasticizers by levulinic<br />

acid in the production of polyvinyl chloride (PVC) is the major factor driving the global<br />

market.<br />

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<strong>Levulinic</strong> acid <strong>Market</strong> Research Report – <strong>Global</strong> Forecast to 2023<br />

Top 10 <strong>Global</strong> key Players & Their Strategy<br />

Some of the prominent players operating in the global levulinic acid market are<br />

Biofine International Inc. (U.S.), Avantium (Netherlands), GF Biochemicals Ltd.<br />

(Italy), Langfang Triple Well Chemicals Co. Ltd (China), Simagchem Corporation<br />

(China), Hefei TNJ Chemical Industry Co., Ltd. (China), Great Chemicals Co. Ltd.<br />

(China), and Anhui Herman Impex Co Ltd (China), DuPont (U.S.), and CSPC<br />

Pharmaceutical Group (China) among others.<br />

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<strong>Levulinic</strong> acid <strong>Market</strong> Research Report – <strong>Global</strong> Forecast to 2023<br />

Segmentation Analysis<br />

The global levulinic acid market is segmented into technology and application. On the<br />

basis of the technology, the market is segregated into the acid hydrolysis production<br />

process, biofine production process, and others. The market by the application is<br />

further segmented into food additive, pharmaceuticals, cosmetic and personal care,<br />

agriculture, plasticizers, and others.<br />

Regional Analysis<br />

Intended Audience<br />

• <strong>Levulinic</strong> acid market manufacturers<br />

• Traders and Distributors of <strong>Levulinic</strong> acid market<br />

• Production process industries<br />

• Potential investors<br />

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<strong>Levulinic</strong> acid <strong>Market</strong> Research Report – <strong>Global</strong> Forecast to 2023<br />

<strong>Global</strong> <strong>Levulinic</strong> acid market share by application<br />

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<strong>Levulinic</strong> acid <strong>Market</strong> Research Report – <strong>Global</strong> Forecast to 2023<br />

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