< Key Hightlight >

The global Levulinic Acid market was valued at 167.12 Million USD in 2020 and will grow with a CAGR of 12.36% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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.

By Market Verdors:
GFBiochemicals
Zibo Changlin Chemical
Hebei Yanuo
Heroy Chemical Industry
Langfang Triple Well Chemicals
Hefei TNJ Chemical
Guannan East Chemical
Zibo Shuangyu
LangFang Hawk

By Types:
Industrial Grade Levulinic Acid
Pharma Grade Levulinic Acid

By Applications:
Pharmaceuticals
Cosmetics & Personal Care
Plasticizers
Food and Flavors
Agrochemicals
Biofuels

Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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