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Levulinic Acid Market worth 32.5 Million USD by 2021

The levulinic acid market is projected to reach USD 32.5 Million by 2021, at a CAGR of 14.0% between 2016 and 2021. This growth can be attributed to the increasing consumption of levulinic acid in pharmaceuticals and cosmetics.

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Levulinic Acid Market worth 32.5 Million USD by 2021

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  1. Levulinic Acid Market by Application Technology, and Region - Global Forecast to 2021 www.MarketsandMarkets.com

  2. Levulinic Acid Market by Application (Plasticizers, Pharmaceuticals & Cosmetics), Technology (Acid Hydrolysis, Biofine), and Region (North America, Europe, Asia-Pacific and Rest of the World) - Global Forecast to 2021 The levulinic acid market is projected to reach USD 32.5 Million by 2021, at a CAGR of 14.0% between 2016 and 2021. This growth can be attributed to the increasing consumption of levulinic acid in pharmaceuticals and cosmetics. PDF Brochure : http://www.marketsandmarkets.com/pdfdownload.asp?id=143960662

  3. Among applications, the plasticizers segment is expected to lead the levulinic acid market during the forecast period Based on application, the plasticizers segment accounted for a major share of the levulinic acid market in 2015. Plasticizers are organic esters that are used to provide more flexibility to plastics, such as polyvinyl chloride (PVC). PVC is used in several applications due to its low cost, durability, and versatility. Levulinic acid-derived ketal esters can be a potential replacement of phthalate-based plasticizers, which make majority of the world’s plasticizer market. With increasing demand for renewable, phthalate-free plasticizers, particularly used in children toys, as well as for products that are used by humans, the demand for levulinic acid is expected to grow during the forecast period. Request for Customization : http://www.marketsandmarkets.com/requestCustomization.asp?id=143960662

  4. Browse >> 27 data tables 52 figures 113 pagesand in-depth TOC on “Levulinic Acid Market - Global Forecast to 2021” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  5. North America is expected to lead the levulinic acid market during the forecast period North America accounted for the largest share of the levulinic acid market in 2015, followed by Europe and Asia-Pacific. The U.S. is one of the major consumers of levulinic acid in North America. Increasing investments in organic materials by leading companies of the fast moving consumer goods industry for end-products, and rising demand for levulinic acid from pharmaceuticals and cosmetics industries are expected to drive the North America levulinic acid market. Request Sample @ http://www.marketsandmarkets.com/requestsample.asp?id=143960662

  6. Based on technology, the levulinic acid market has been segmented into acid hydrolysis and biofine process. Acid hydrolysis production process is a technology used by most Chinese manufacturers, in which the feedstock used is paper mill sludge, energy crops, among others. The by-product in this technology is tar, which can be used for energy and power generation. Biofine process is one of the key processes used in the European levulinic acid market, which are designed by the BioFine Company. Visit Report @ http://www.marketsandmarkets.com/Market-Reports/levulinic-acid-market-143960662.html

  7. The objectives of this study are: • To define, describe, and forecast the levulinic acid market on the basis of application and region • To estimate and forecast the levulinic acid market size, in terms of value (USD million) and volume (tons) • To estimate and forecast the levulinic acid market on the basis of application in different regions, namely, North America, Europe, Asia-Pacific, and Rest of the World • To identify and analyze drivers, restraints, opportunities, and challenges influencing the levulinic acid market • To analyze region-specific trends in North America, Europe, Asia-Pacific, and Rest of the World • To strategically profile key market players and analyze their core competencies • To track and analyze recent market developments and competitive strategies in the levulinic acid market, such as partnerships, agreements, collaborations, mergers & acquisitions, new product developments, and expansions • Speak to analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=143960662

  8. Key players 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), and Anhui Herman Impex Co Ltd (China), among others.

  9. Contact: • Mr. Rohan • Markets and Markets • UNIT no 802, Tower no. 7, SEZ • Magarpattacity, Hadapsar • Pune, Maharashtra 411013, India • 1-888-600-6441 • Email: sales@marketsandmarkets.com

  10. Thank You

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