Levulinic Acid Market Applications Growth And Status 2020 - 2027

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Levulinic Acid Market Applications Growth And Status 2020 - 2027

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The global levulinic acid market is expected to reach USD 61.2 Million by 2027, according to a new report by Reports and Data. – PowerPoint PPT presentation

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Title: Levulinic Acid Market Applications Growth And Status 2020 - 2027


1
Levulinic Acid Market To Reach USD 61.2 Million
By 2027
www.reportsanddata.com
2
Market Summary
Market Size USD 29.9 Million in 2019, Market
Growth - CAGR of 9.3, Market Trends Growing
demand in the production of PVC
The global Levulinic Acid Market is expected to
reach USD 61.2 Million by 2027, according to a
new report by Reports and Data. Levulinic acid is
a very versatile chemical that finds usage in
several end-use industries attributed to its
application as food feed additive, fertilizer,
fungicide, plasticizer, coating, and antifreeze,
among others.
  • Further key findings from the report suggest
  • By technology, acid hydrolysis is likely to
    observe a growth rate of 8.8 in the forecast
    period. Levulinic acid is made by
    high-temperature acid hydrolysis of
    carbohydrates, including galactose, glucose, and
    sucrose, among others, as well as form biomeric
    material like wood and agricultural wastes.
    Levulinic is isolated either by solvent
    extraction or partial neutralization, filtration,
    and vacuum steam distillation.
  • By distribution channel, offline held a larger
    levulinic acid market size in 2019. The levulinic
    acid industry is very offline-intensive and
    witnesses transparency. The offline channel
    necessitates the requirement of substantial
    investment of time by the buyer and high selling
    costs, along with considerable knowledge of the
    levulinic acid market on the seller side.
  • By application, food additive held a substantial
    levulinic acid market size in 2019. Levulinic
    acid as a food-grade preservative finds usage in
    slowing down microbial growth, regulating the pH
    levels of food products, and disinfecting the
    surface of fruits. Besides, levulinic acid is
    generally deployed to make maple, caramel, and
    several other syrupy flavors such as a flavor in
    berry-type compositions.

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3
Market Summary
Key Players
GF Biochemicals, Avantium NV, DuPont, Hebei
Shijiazhuang Worldwide Furfural Furfuryl
Alcohol Furan Resin Co. Ltd., Shijiazhuang
Pharmaceutical Group Ouyi Pharmaceutical Co.
Ltd., Biofine Technology LLC, Segetis, Shanghai
Apple Flavor Fragrance Co. Ltd., Hebei Langfang
Triple Well Chemicals Co. Ltd., Jiangsu Yancheng
China Flavor Chemicals Co. Ltd., Sigmachem
Corporation, and Anhui Herman Impex Co Ltd.,
among others.
Segmentation
  • Technology Outlook (Volume, Kilo Tons Revenue,
    USD Million 2017-2027)
  • Acid Hydrolysis
  • Biofine
  • Application Outlook (Volume, Kilo Tons Revenue,
    USD Million 2017-2027)
  • Agriculture
  • Pharmaceutical
  • Food Additives
  • Cosmetics
  • Plasticizers
  • Others

Free Sample Report _at_ https//www.reportsanddata.co
m/sample-enquiry-form/3472
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4
Market Summary
  • Distribution Channel Outlook (Volume, Kilo Tons
    Revenue, USD Million 2017-2027)
  • Online
  • Offline
  • Regional Outlook (Revenue, USD Million
    20162026)
  • North America
  • US
  • Canada Mexico
  • Europe
  • Germany
  • France
  • Asia Pacific
  • China
  • Japan
  • Rest of APAC
  • Rest of the World
  • Middle East and Africa

Any Query or Discount? Ask our Expert _at_
https//www.reportsanddata.com/discount-enquiry-fo
rm/3472
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5
The report emphasizes the following key questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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6
About Us
Reports and Data is a market research and
consulting company that provides syndicated
research reports, customized research reports,
and consulting services. Our solutions purely
focus on your purpose to locate, target and
analyze consumer behavior shifts across
demographics, across industries and help clients
make a smarter business decision. We offer
market intelligence studies ensuring relevant and
fact-based research across a multiple industries
including Healthcare, Technology, Chemicals,
Power, and Energy. We consistently update our
research offerings to ensure our clients are
aware about the latest trends existent in the
market. Reports and Data has a strong base of
experienced analysts from varied areas of
expertise.
Contact US
John Watson Head of Business Development Reports
And Data Web www.reportsanddata.com Direct
Line 1-212-710-1370 E-mail sales_at_reportsanddata
.com
www.reportsanddata.com
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