Levulinic Acid Market report is predicted to gain better growth in coming years 2019 to 2024. This Levulinic Acid market report provides extensive analysis of top-vendors, regional development, progressive trends, and countless growth statistics of Levulinic Acid market. Additionally, emerging opportunities and revenue forecast (2019-2024) allows easy decision-making for all readers worldwide.
About Levulinic Acid
Levulinic acid (CAS No 123-76-2), or 4-oxopentanoic acid, is an organic compound with the formula CH3C(O)CH2CH2CO2H. It is classified as a keto acid. This white crystalline solid is soluble in water and polar organic solvents. It is derived from degradation of cellulose and is a potential precursor to biofuels.
The global average price of Levulinic Acid is in the decreasing trend, from 9.12 USD/Kg in 2013 to 8.56 USD/Kg in 2017. With the situation of global economy, prices will be in decreasing trend in the following five years.
Covered in this report
According to this study, over the next five years the Levulinic Acid market will register a 12.0% CAGR in terms of revenue, the global market size will reach US$ 250 million by 2024, from US$ 130 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Levulinic Acid business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Levulinic Acid market by product type, application, key manufacturers and key regions and countries.
This study considers the Levulinic Acid value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- Industrial Grade
- Pharma Grade
- Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- Pharmaceuticals
- Cosmetics & Personal Care
- Plasticizers
- Food and Flavors
- Agrochemicals
- Biofuels
- Others
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- GFBiochemicals
- Zibo Changlin Chemical
- Hebei Yanuo
- Heroy Chemical Industry
- Langfang Triple Well Chemicals
- Hefei TNJ Chemical
- Guannan East Chemical
- Zibo Shuangyu
- LangFang Hawk
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Key Topics Covered:
1 Scope of the Report
2 Executive Summary
3 Global Levulinic Acid by Players
4 Levulinic Acid by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Global Levulinic Acid Market Forecast
12 Key Players Analysis
13 Research Findings and Conclusion
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