Abstract, Snapshot, Market Analysis & Market Definition: Levulinic Acid Market
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.
In 2019, the market size of Levulinic Acid is 144.1 million US$ and it will reach 331 million US$ in 2025, growing at a CAGR of 12.6% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Levulinic Acid. This report studies the global market size of Levulinic Acid, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Levulinic Acid production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: Levulinic Acid Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Industrial Grade
Pharma Grade
Others
Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Pharmaceuticals
Cosmetics & Personal Care
Plasticizers
Food and Flavors
Agrochemicals
Biofuels
Others
Key Players, Recent Developments & Sector Viewpoints: Levulinic Acid Market
GFBiochemicals
Zibo Changlin Chemical
Hebei Yanuo
Heroy Chemical Industry
Langfang Triple Well Chemicals
Hefei TNJ Chemical
Guannan East Chemical
Zibo Shuangyu
LangFang Hawk
Key Insights Covered: Exhaustive Levulinic Acid Market
1. Market size (sales, revenue and growth rate) of Levulinic Acid industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Levulinic Acid industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Levulinic Acid industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Levulinic Acid industry.
Research Methodology: Levulinic Acid Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.