Levulinic Acid Market

1
Levulinic Acid MARKET 2020
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2
Levulinic Acid MARKET 2020
Levulinic Acid Market 2020 Industry Survey,
Growth, CompetitiveLandscape and Forecasts to
2023
The levulinic acid is widely used in food and
beverage, pharmaceuticals, cosmetic and personal
care products, agriculture, and other
applications. Levulinic acid is extensively used
in processed food as food additives. Personal
care and pharmaceutical sector are expected to
witness an expanding growth during the forecast
period 2017-2023. The global levulinic acid
market is spanned across five regions of the
world namely, Latin America Asia Pacific, North
America, Europe, and the Middle East Africa.
Among these, North America holds the major share
of the global market and is projected to grow at
a considerable CAGR during the forecast years.
3
Levulinic Acid MARKET 2020
Market Segmentation The global levulinic acid
market is segmented into technology and
application. On the basis of the technology, the
market is segregated into the acid hydrolysis
production process, and biofine production
process and others. The market by the application
is further segmented into food additive,
pharmaceuticals, cosmetic and personal care,
agriculture, plasticizers, and others. Enquiry
of the Report https//www.marketresearchfuture.c
om/enquiry/1639
4
Levulinic Acid MARKET 2020
Regional Analysis
The growing consumption of levulinic acid in the
food and beverage and personal care industry
among others is adding to the growth of the
market. Moreover, the increasing consumption of
levulinic acid in the food industry is expected
to be another dominant factor augmenting the
growth of the market in the region. The major
countries attributing to this growth are Canada,
and the U.S. Asia Pacific is anticipated to show
a steady growth during the assessed period. The
presence of agriculture dominant economies in the
region has fuelled the use of levulinic acid as
pesticides, which is a key factor driving the
market in the region. Moreover, the growing per
capita disposable income in the developing region
has augmented the demand for cosmetic and
personal care products which is another factor
contributing to the growth of the market. In
addition to this, to growing working population
has augmented the demand for on-the-go food and
beverages, in turn, adding to the market of
levulinic acid owing to its major use as food
additives.
Browse Report _at_ https//www.marketresearchfuture.c
om/reports/levulinic-acid-market-1639
5
Levulinic Acid MARKET 2020
Application Major Players in this Research
Levulinic Acid Market Prominent Players Some of
the prominent players operating in the global
levulinic acid market 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), and
Anhui Herman Impex Co Ltd (China), DuPont (U.S.),
and CSPC Pharmaceutical Group (China).
Request a Sample Report _at_ https//www.marketresear
chfuture.com/sample_request/1639
6
ABOUT US
MARKET RESEARCH FUTURE At Market Research Future
(MRFR), we enable our customers to unravel the
complexity of various industries through our
Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports
(3R), Continuous-Feed Research (CFR), and Market
Research Consulting Services. MRFR team have
supreme objective to provide the optimum quality
market research and intelligence services to our
clients. Our market research studies by products,
services, technologies, applications, end users,
and market players for global, regional, and
country level market segments, enable our clients
to see more, know more, and do more, which help
to answer all their most important questions. In
order to stay updated with technology and work
process of the industry, MRFR often plans
conducts meet with the industry experts and
industrial visits for its research analyst
members. For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright 2020
Market Research Future All Rights Reserved. This
document contains highly confidential information
and is the sole property of Market Research
Future. No part of it may be circulated, copied,
quoted, or otherwise reproduced without the
written approval of Market Research Future.
7
(No Transcript)