Press release
Global Industry Insight: Levulinic Acid Market Development and Demand Forecast to 2020 : P&S Market Research
In recent years, the chemical industry has witnessed a need of sustainability and the producers have been working towards developing products from bio-based sources by exploring chemistry and biotechnology. Levulinic acid is an organic compound, also called 4-oxopentanoic acid and is derived from bio-based sources such as biomass, bagasse, brewery waste and manure. It is a white colored crystalline solid in physical form and soluble in ethanol, water, and diethyl ether.
To Browse Full Report Visit Here: www.psmarketresearch.com/market-analysis/levulinic-acid-market
It is a sustainable chemical product used to produce several other chemicals and substitute synthetic alternatives. Levulinic acid has been recognized as a platform chemical for manufacturing speciality chemicals to replace their synthetic alternatives. Production of bio-based levulinic acid can be done using several processes, with the most commonly used approach being carbohydrates or biomass dehydrative treatment with acid. Some other technologies may include oxidation of ketones with ozone, acidic hydrolysis of furfuryl alcohol and hydrolysis of acetyl succinate esters.
Levulinic acid has a range of applications in agriculture, pharmaceuticals, food industry and cosmetics and slight usage in synthetic rubbers, plastics and nylon. Levulinic acid is also used as raw material for the manufacturing of polyols and plasticizers. Levulinic acid has replaced phthalate plasticizer used in manufacturing polyvinyl chloride (PVC).
Browse For Related Research Click Here: www.psmarketresearch.com/industry-report/chemicals-materials-and-energy
Levulinic acid manufacturers are spending highly on research and development to reduce cost of Levulinic acid to achieve substitution of synthetic products with Levulinic acid in potential applications like polymers and fuel additives.
Based on application, the global levulinic acid market can be categorized broadly into four categories namely agriculture, pharmaceuticals, cosmetics and food additives. Pharmaceuticals and agriculture applications hold almost two-third of the total levulinic acid demand, whereas, an agricultural applications include chemical fertililizers and pesticides. In pharmaceuticals, major levulinic acid uses include indomethacin and calcium levulinate, an anti-inflammatory medicine often recommended for fever. Levulinic acid is carefully used in cigarettes to enhance delivery of nicotine in the smoke.
Levulinic acid major downstream potential applications include diphenolic acid (DPA), ethyl levulinate, delta aminolevulinic acid (DALA), methyltetrahydrofuran (MTHF) and others.
A major trend in the levulinic acid market is the growth in the number of applications of levulinic acid. The producers are trying to introduce innovative products that may provide for new applications. The key challenge to the levulinic acid market is the threat of substitution from synthetic chemical alternatives of levulinic acid. There may be a preference of synthetic chemical alternatives by price sensitive users as they come at relatively cheap prices than levulinic acid.
About P&S Market Research
P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.
As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.
Contact:
Abhishek
Executive – Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: www.psmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Industry Insight: Levulinic Acid Market Development and Demand Forecast to 2020 : P&S Market Research here
News-ID: 407196 • Views: …
More Releases from P&S Market Research
Smart Cities Market Size, Revenue, Technology, Competitive Analysis, Growth Driv …
The global smart cities market is growing at a CAGR above 20% during 2018 - 2023 and will reach $2578.0 billion by 2023. Due to significant growth in automation technologies such as internet of things (IoT) and adoption of cloud based technologies, the global smart cities market is gaining huge traction. In addition, effective city asset management for public welfare, substantial operational cost savings, and automated public data generation applications…
Global Sports Food Market Expected to Witness 9.2% CAGR During 2016 – 2022
The global sports food market is expected to grow at a CAGR of 9.2% in terms of value during 2016 - 2022. Among the various types, the energy bars segment accounted for the largest share (71.5%) in the global sports food market in 2015.
Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/sports-food-market/report-sample
The manufacturers are trying to bring about products with the best blend of taste and healthy ingredients. They have started to…
Sports Nutrition Market by Type, Distribution Channel, Region, Growth and Demand …
The global sports nutrition market is expected to grow at a CAGR of 8.4% in terms of value during 2016 - 2022. Among the various types, the sports drinks segment accounted for largest share (61.4%) in the global sports nutrition market in 2015.
Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/sports-nutrition-market/report-sample
The increasing health concerns, such as obesity and awareness of physical appearances among all consumers groups is driving the demand for sports…
Orthopedic Trauma Devices Market Supply Chain Trends Mapping the Latest Technolo …
The global orthopedic trauma devices market is growing due to the increasing frequency of fractures, along with the growth of aging population. The advantageous features posed by orthopedic trauma devices, such as internal and external fixators to set a fracture, and in repositioning of bone fragments into their normal alignment are also driving the growth of the market worldwide. Furthermore, the internal fixators have reduced the hospital stays, reduced the…
More Releases for Levulinic
Detailed Financial Analysis of Levulinic Acid Production Cost Analysis (2025)
Introduction:
Levulinic Acid (LA), or 4-oxopentanoic acid, is a versatile organic compound derived from biomass, often through the acid hydrolysis of carbohydrates like cellulose. it is a white crystalline solid soluble in water and polar organic solvents. Recognized as a "platform chemical," LA serves as a crucial precursor for various bio-based products, including pharmaceuticals, plasticizers, resins, flavors, fragrances, and potential biofuels, making it a key component in sustainable chemistry.
Setting up a…
Levulinic Acid Market Expecting Huge Demand in Upcoming Years
The latest study released on the Global Levulinic Acid Market by USD Analytics evaluates market size, trends, and forecast to 2032. The Levulinic Acid market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in…
Exploring the Benefits of Levulinic Acid: A Sustainable Solution
The global Levulinic Acid market is estimated to attain a valuation of US$ 8.6 Mn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 5% during the forecast period, 2019 - 2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading…
Levulinic Acid Market Size, Share, Development by 2025
LP INFORMATION recently released a research report on the Levulinic Acid market analysis, which studies the Levulinic Acid's industry coverage, current market competitive status, and market outlook and forecast by 2025.
Global “Levulinic Acid Market 2020-2025” Research Report categorizes the global Levulinic Acid market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growth…
Levulinic Acid Market Evaluation Targets Advancement Anticipated until 2026
Levulinic acid is also known as 4-oxopentanoic acid. The source of levulinic acid is the by products of sugar industry. Levulinic acid produces from degradation of cellulose which is a potential precursor to biofuels such as ethyl levulinate. Levulinic acid has various applications for different products such as pharmaceuticals, agrochemicals, personal care products, food additives, flavours and fragrances, resins and coatings, solvents, plasticisers, fuel additives and biofuels.
Get More…
2018 Future of Global Levulinic Acid Market to 2025- Growth Opportunities, Compe …
MarketResearchNest.com adds “Future of Global Levulinic Acid Market to 2025” new report to its research database. The report spread across 110 pages with multiple tables and figures in it.
This report studies the Levulinic Acid market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find…
