Levulinic acid Market Research Report – Global Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023
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Levulinic acid Market Research Report – Global Forecast to 2023
Market Overview / Study Objective / Synopsis Levulinic acid also known as Keto acid is an organic compound obtained from the degradation of cellulose. It is extensively produced from manure, biomass, and brewery waste, and is regarded as an efficient replacement for petroleum-based products. Levulinic acid can also be produced by the oxidation of ketones and by acidic hydrolysis of furfuryl alcohol. The growing research and development activities in the chemical industry have resulted in the development of bio-based levulinic acid, which is anticipated to be the major opportunity in the market. Levulinic acid has a wide range of applications in end-user industries such as pharmaceuticals, cosmetics & personal care, agriculture, food, and beverages. The growing replacement of phthalate plasticizers by levulinic acid in the production of polyvinyl chloride (PVC) is the major factor driving the global market. Get Sample @ https://www.marketresearchfuture.com/sample_request/1639
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Levulinic acid Market Research Report – Global Forecast to 2023
Top 10 Global key Players & Their Strategy 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) among others.
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Levulinic acid Market Research Report – Global Forecast to 2023
Segmentation Analysis
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, 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. Regional Analysis Intended Audience • Levulinic acid market manufacturers • Traders and Distributors of Levulinic acid market • Production process industries • Potential investors
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Levulinic acid Market Research Report – Global Forecast to 2023
Global Levulinic acid market share by application
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Levulinic acid Market Research Report – Global Forecast to 2023
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