Global Levulinic Acid Market and Forecast 2020-2026
- TBI878481
- October 07, 2020
- Global
- 132 pages
- IFF Market Research
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. Asia Pacific is the largest producer of Levulinic Acid, with a production market share nearly 61.21% in 2017. North America is the second largest producer of Levulinic Acid, enjoying production market share nearly 26.37% in 2017.
Market Analysis and Insights: Global Levulinic Acid Market
The global Levulinic Acid market size is projected to reach US$ 379.7 million by 2026, from US$ 186.3 million in 2020, at a CAGR of 12.6% during 2021-2026.
Global Levulinic Acid Scope and Segment
Levulinic Acid market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Levulinic Acid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2015-2026.
The following manufacturers are covered in this report:
- GFBiochemicals
- Zibo Changlin Chemical
- Hebei Yanuo
- Heroy Chemical Industry
- Langfang Triple Well Chemicals
- Hefei TNJ Chemical
- Guannan East Chemical
- Zibo Shuangyu
- LangFang Hawk
- Levulinic Acid Breakdown Data by Type
- Industrial Grade Levulinic Acid
- Pharma Grade Levulinic Acid
- Others Grade Levulinic Acid
- Levulinic Acid Breakdown Data by Application
- Pharmaceuticals
- Cosmetics & Personal Care
- Plasticizers
- Food and Flavors
- Agrochemicals
- Biofuels
- Others
Regional and Country-level Analysis
The Levulinic Acid market is analysed and market size information is provided by regions (countries).
The key regions covered in the Levulinic Acid market report are North America, Europe and China. It also covers key regions (countries), viz, the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of production capacity, price and revenue for the period 2015-2026.
Competitive Landscape and Levulinic Acid Market Share Analysis
Table of Contents Chapter 1. Preface 1.1. Report Description 1.1.1. Objective 1.1.2. Target Audience 1.1.3. Unique Selling Proposition (USP) & Offerings 1.2. Research Scope 1.3. Research Methodology 1.3.1. Market Research Process 1.3.2. Market Research Methodology 1.3.3. Level 1: Primary Research 1.3.4. Level 2: Secondary Research 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report Description and Scope Chapter 2. Executive Summary 2.1. Global Levulinic Acid 2019-2029 (USD Billion) 2.2. Global Levulinic Acid: Market Snapshot Chapter 3. Global Levulinic Acid - Industry Analysis | read more...
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