Global Levulinic Acid Market by Application (Plasticizers, Pharmaceuticals & Cosmetics), Technology (Acid Hydrolysis, Biofine), and Regional Forecasts 2020-2027
- Report Code : BIZ2261086
- Published On: Jan, 2021
- Category : Chemicals & Materials
- Pages : 200
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Global Levulinic acid Market is valued approximately at USD XXX million in 2019 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2020-2027. Global Levulinic acid is an organic compound derived from the degradation of cellulose. This plant based acid is mostly produced from biomass, and manure, widely used in cosmetics and as an alternative to fossil fuels, levulinic acid is used to make chemicals which act as additives to the alternative fossil fuel. Levulinic acid is used widely in agriculture, pharmaceutical, food, cosmetics and other industries, it is also used in cigarettes to bind nicotine to neural receptors, calcium levulinate a by-product of levulinic acid is used to fortify the presence of calcium in milk, condiments, beer and soy products. Segetis, a company based off Minnesota, recently developed a molecule on esters of levulinic acid made from corn cobs and bio-based hydroxyl compounds. The idea is to use Levulinic acid as raw material for the manufacturing of plasticizers replacing phthalate plasticizer added to manufacture PVC, the most used commodity plastic the demand has increase These factors will contribute towards the growth of the market. However, the high cost associated with the procurement of levulinic acid and the initial cost to set up the plant to extract levulinic acid can hamper the progress of the market as the end users are unwilling to pay higher price.
The regional analysis of global Levulinic acid market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World.
North America is the leading/significant region across the world in terms of market share owing to the development in the personal care and pharmaceutical industry. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rapidly increasing acceptance for ready-made foods and increase in the demand for cosmetics would create lucrative growth prospects for the Levulinic acid market across Asia-Pacific region.
Major market player included in this report are:
Biofine International Inc. (U.S.)
Avantium (Netherlands)
GF Biochemicals Ltd. (Italy)
Langfang Triple Well Chemicals Co. Ltd (China)
Simagchem Corporation (China)
Hefei TNJ Chemical Industry Co., Ltd. (China)
Great Chemicals Co. Ltd. (China)
Anhui Herman Impex Co Ltd (China)
Akzonobel (N.L)
PPG Industries (U.S)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Plasticizers
Pharmaceuticals
Cosmetics
By Technology:
Acid Hydrolysis
Biofine
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Levulinic acid Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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With tables and figures helping analyze worldwide Global Levulinic Acid market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. Levulinic Acid Market, by Region, 2018-2027 (USD Million)
1.2.2. Levulinic Acid Market, by Application, 2018-2027 (USD Million)
1.2.3. Levulinic Acid Market, by Technology, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Levulinic Acid Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Levulinic Acid Market Dynamics
3.1. Levulinic Acid Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Levulinic Acid Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Levulinic Acid Market, by Application
5.1. Market Snapshot
5.2. Global Levulinic Acid Market by Application, Performance - Potential Analysis
5.3. Global Levulinic Acid Market Estimates & Forecasts by Application2017-2027 (USD Million)
5.4. Levulinic Acid Market, Sub Segment Analysis
5.4.1. Hardware Components
5.4.2. Software Solutions
5.4.3. Services
Chapter 6. Global Levulinic Acid Market, by Technology
6.1. Market Snapshot
6.2. Global Levulinic Acid Market by Technology, Performance - Potential Analysis
6.3. Global Levulinic Acid Market Estimates & Forecasts by Technology 2017-2027 (USD Million)
6.4. Levulinic Acid Market, Sub Segment Analysis
6.4.1. Vehicle-to-Everything (V2X)
6.4.2. Infotainment and Telematics
6.4.3. Fleet Management
Chapter 7. Global Levulinic Acid Market, Regional Analysis
7.1. Levulinic Acid Market, Regional Market Snapshot
7.2. North America Levulinic Acid Market
7.2.1. U.S. Levulinic Acid Market
7.2.1.1. Solution breakdown estimates & forecasts, 2017-2027
7.2.1.2. Application breakdown estimates & forecasts, 2017-2027
7.2.1.3. Industry breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Levulinic Acid Market
7.3. Europe Levulinic Acid Market Snapshot
7.3.1. U.K. Levulinic Acid Market
7.3.2. Germany Levulinic Acid Market
7.3.3. France Levulinic Acid Market
7.3.4. Spain Levulinic Acid Market
7.3.5. Italy Levulinic Acid Market
7.3.6. Rest of Europe Levulinic Acid Market
7.4. Asia-Pacific Levulinic Acid Market Snapshot
7.4.1. China Levulinic Acid Market
7.4.2. India Levulinic Acid Market
7.4.3. Japan Levulinic Acid Market
7.4.4. Australia Levulinic Acid Market
7.4.5. South Korea Levulinic Acid Market
7.4.6. Rest of Asia Pacific Levulinic Acid Market
7.5. Latin America Levulinic Acid Market Snapshot
7.5.1. Brazil Levulinic Acid Market
7.5.2. Mexico Levulinic Acid Market
7.6. Rest of The World Levulinic Acid Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Biofine International Inc. (U.S.)
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Avantium (Netherlands)
8.2.3. GF Biochemicals Ltd. (Italy)
8.2.4. Langfang Triple Well Chemicals Co. Ltd (China)
8.2.5. Simagchem Corporation (China)
8.2.6. Hefei TNJ Chemical Industry Co., Ltd. (China)
8.2.7. Great Chemicals Co. Ltd. (China)
8.2.8. Anhui Herman Impex Co Ltd (China)
8.2.9. Akzonobel (N.L)
8.2.10. PPG Industries (U.S)
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption
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The Global Levulinic Acid Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.
Report Objectives / Segmentation Covered :
By Companies / players:
By Regions:
By Type:
By Application:
Frequently asked questions(FAQ's):
MI used a variety of industry standards such as NAICS, ICB, TRIC, and others to identify functional players in the industry, which they then shortlist and validate in an iterative process to finalize the most relevant players.
In 2024, the Global Levulinic Acid Market share surpassed USD xx million, and between 2025 and 2030, it will grow at a CAGR of yy%.
The Global Levulinic Acid Market research study aids businesses in strategic planning so that they may realize and gain business value from their growth strategies.
Companies in the Global Levulinic Acid Industry are thoroughly researched and profiled in order to determine why certain trends will have a significant impact and how they will be factored into the Global Levulinic Acid Market's trajectory and future outlook.
