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Levulinic Acid Market Size 2020 | Industry Insights By Growth, Emerging Trends And Forecast By 2025

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Elena Anderson
Levulinic Acid Market Size 2020 | Industry Insights By Growth, Emerging Trends And Forecast By 2025

According to the latest report by IMARC Group, titled “Levulinic Acid Market Size: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global levulinic acid market size experienced healthy growth during 2014-2019. Levulinic, or crystalline keto acid, is an organic compound that is found in white crystalline solid form and is soluble in ethanol, diethyl ether, and water. It is obtained from levulose, insulin, or starch by boiling them with dilute hydrochloric or sulfuric acid.

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Market Trends

Levulinic acid finds applications across various industries ranging from the pharmaceutical, construction and cosmetic to agrochemical, and food and beverage industries. In the construction industry, phthalate plasticizers are being replaced with levulinic acid for the production of polyvinyl chloride (PVC), as levulinic acid adds flexibility to the product. It is also used in cigarettes to enhance nicotine content. Other than this, the sodium salt of levulinic acid is utilized as a preservative and a skin conditioning agent in cosmetics and personal care products. Apart from this, the usage of levulinic acid has increased in agrichemicals, such as fertilizers, herbicides and pesticides, as a green alternative to sulfuric acid. Moreover, the constant research and development (R&D) in the field of chemistry and biotechnology have resulted in the development of bio-based levulinic acid, which is expected to create a positive outlook for the market in the upcoming years.

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Table of Contents

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Levulinic Acid Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Market Forecast
6    Market Breakup by Technology
    6.1    Acid Hydrolysis
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Biofine
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by End-Use Industry
    7.1    Agriculture Industry
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Pharmaceutical Industry
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Food Industry
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Cosmetics Industry
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by Form
    8.1    Liquid
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Solid
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Indicators
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Avantium Chemicals B.V.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio 
        14.3.2    Biofine International Inc
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio 
        14.3.3    Dupont De Nemours, Inc.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio 
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    GFBiochemicals
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio 
        14.3.5    Great Chemical Co. Ltd.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio 
        14.3.6    Hefei TNJ Chemical Industry Co. Ltd.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio 
        14.3.7    Langfang Triple Well Chemicals Co. Ltd.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio 
        14.3.8    Sigma-Aldrich Corporation
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio 
        14.3.9    Simagchem Corporation
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio 
        14.3.10    Tokyo Chemical Industry Co. Ltd.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Avantium Chemicals B.V., Biofine International Inc., Dupont De Nemours Inc., GFBiochemicals, Great Chemical Co. Ltd., Hefei TNJ Chemical Industry Co. Ltd., Langfang Triple Well Chemicals Co. Ltd., Sigma-Aldrich Corporation, Simagchem Corporation, Tokyo Chemical Industry Co. Ltd., etc.

Browse Related Report:

https://www.imarcgroup.com/agricultural-packaging-market

https://www.imarcgroup.com/artifical-intelligence-healthcare-market

Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are
continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally—our estimates about the latest market trends and forecast values after considering the impact of this pandemic.

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