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Levulinic Acid Market

Levulinic Acid Market (Application: Agriculture, Plasticizers, Cosmetics, Food & Beverages, Pharmaceutical, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027

Companies Prefer Biomass over Conventional Resources to Produce Fuel

Ongoing depletion of fossil fuels and lack of alternatives to replace compounds produced by oil has fueled the demand for levulinic acid. Meanwhile, there is a growing awareness about biomass being used for the production of alternative fuels and several chemicals, such as bioethanol and levulinic acid, which are pervasively diminishing reliance on oil. Hence, manufacturers in the levulinic acid market are leveraging opportunities in countries of Asia Pacific and Latin America, since agribusiness is one of the key sources of revenue in these countries. Thus, abundance of biomass in these regions, especially Asia Pacific, has led to exponential growth of the region, as the levulinic acid market matures in the coming decade.

In terms of application, the agriculture segment of the levulinic acid market is estimated to reach a production of ~1,300 tons by the end of 2022. Apart from agriculture, manufacturers are tapping into opportunities to manufacture chemical compounds used in the development of additives of fluids, oils, plastics, fragrances, etc.

levulinic acid market infographic

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Advantages of Microalgae Support Production of Pharmaceutical Products

Different types of microalgae are being commercially used for the production of phycocolloids, and have potential for the production of nutraceuticals and pharmaceutical products. Sustainable use of macroalgal biomass for the production of cosmetics and thickening agents in food are bolstering credibility credentials of companies in the global landscape. Thus, the environment-friendly way of energetic valorization of food wastes has helped to increase the production of levulinic acid.

Awareness about the advantages of microalgae has created a stir in the pharmaceutical landscape. As such, the pharmaceuticals application segment of the in the levulinic acid market is projected for aggressive growth during the forecast period. The segment is anticipated to account for the second-highest revenue of ~US$ 8.6 Mn by 2027. On the other hand, manufacturers in the levulinic acid market are using the novel compound for the production of organic matter and materials such as soil fertilizers and pet food formulations. Regulatory support has been instrumental for the emergence of efficacious drug formulations involving levulinic acid.

Eco-conscious Cosmetics Formulators Benefit from Natural Preservatives

Levulinic acid is gaining prominence in the personal care & cosmetics industry. Moreover, cosmetics application segment is anticipated for exponential growth during the forecast period and is creating revenue opportunities for companies in the levulinic acid market. For instance, Troy Corporation - a manufacturer of performance materials, announced the launch of TroyCare™ LSB1 - an innovative preservative used in personal care and cosmetic products.

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In order to gain credibility in the global market landscape, personal care companies are increasing R&D to streamline their production activities so that their products gain the approval of regulatory authorities. They are increasing their production efficacy to develop preservatives that are based on natural ingredients to cater to specific needs of environmental-conscious consumers. Since more number of companies are becoming eco-conscious formulators, the trend of natural preservatives is gaining much appreciation by personal care companies.

Future Possibilities in Potential Derivatives Propel Levulinic Acid Market

Levulinic acid is growing popular as promising bio-based building blocks for the chemical industry. However, lack of technological development according to the market demand has emerged as a challenge for manufacturers in the levulinic acid market. For instance, there is a need for technological innovation for low-cost direct production of levulinic acid from biomass.

Excellent versatility and high potential for low-cost production of levulinic acid from biomass has gained the attention of manufacturers. Hence, manufacturers in the levulinic acid market are becoming aware about this technological gap and are thus, are increasing their efficacy in production-related technological innovations. In order to meet the expectations of end users in fuel and chemical industries, companies are adopting novel production techniques by using furfuryl alcohol for direct production of levulinic acid from biomass.

Ongoing developments are surfacing to reduce production costs, which will eventually help to create increased demand for levulinic acid in the coming years. Potential derivatives such as levulinic esters and oligomers for transport fuels are likely to trigger market growth.

levulinic acid market segmentation
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Analysts’ Viewpoint

The levulinic acid market is consolidated with five leading players accounting for more than 70% of the market share. This poses as a challenge for emerging players who are increasing efforts to innovate in biomass for the production of levulinic acid. Thus, companies should increase research to advance in the technological front to reduce costs associated with the production of levulinic acid using furfuryl alcohol.

Companies are focusing on establishing economically and environmentally sustainable systems for conversion of biomass to increase availability of alternatives to fossil fuels. They should adopt cost-effective extraction and purification of levulinic acid through one-stage conversion using microwave radiation of softwood and hardwood waste.

Levulinic Acid Market: Overview

  • Levulinic acid, also known as 4-oxopentanoic acid, is an organic compound. Its color ranges from pale yellow to brown. It is a crystalline solid with mild odor. This acid is generally classified as a keto acid. It is soluble in water and polar organic solvents such as ethanol and diethyl ether. It is derived from degradation of cellulose and is a potential precursor to biofuels.
  • Delta-amino levulinic acid (DALA), a levulinic acid derivative, is widely used in herbicides that are primarily used on lawns and certain grain crops. Thus, growth of the global agrochemical industry drives the levulinic acid market.

Key Drivers of Levulinic Acid Market

  • According to the IQVIA Institute for Human Data Science, global spending on medicines reached US$ 1.2 Trn in 2018, increasing from US$ 1.1 Trn in 2017. It is expected reach US$ 1.5 Trn, increasing at a CAGR of 4%–5% from 2019 to 2023.
  • Increase in the medicine spending is primarily attributable to adoption of new and innovative products by developed countries such as the U.S. and Japan
  • Levulinic acid is used in anti-inflammatory medications, anti-allergic agents, mineral supplements, and transdermal patches. It is used in drugs such as indomethacin and calcium levulinate.
  • Several manufacturers are constantly working on developing new, bio-based medicines, which is expected to augment the global pharmaceutical industry in the near future. This, in turn, is anticipated to drive the levulinic acid market during the forecast period.

Major Challenges for Levulinic Acid Market

  • Levulinic acid is a type of renewable chemical, and its demand is primarily affected by its high production cost and complex production technology. Manufacturers of levulinic acid are facing difficulties to match the target prices close to US$ 1 per kilogram so as to penetrate downstream applications. Thus, high price of levulinic acid is likely to hamper the levulinic acid market during the forecast period.

Lucrative Opportunities for Levulinic Acid Market

  • Levulinic acid is an organic compound, which is constantly replacing petroleum-based products in different sectors such as biofuel and chemical. The acid is also employed in cigarettes to enhance their nicotine content. Increasing spending on research and development of the manufacturing technology for levulinic acid is anticipated to open new growth avenues for the levulinic acid market during the forecast period.

Asia Pacific to Dominate Levulinic Acid Market

  • The levulinic acid market in North America is primarily driven by expansion of pharmaceutical and food & beverages industries in the region. Personal care & cosmetics is a leading end-use industry in North America, which witnesses high demand for levulinic acid.
  • Rapid growth of population in Asia Pacific is expected to significantly boost the food & beverages industry in the region, thereby propelling the levulinic acid market in the region. Levulinic acid is utilized as a flavoring agent in food and beverages.
  • According to a report published by Infinitus, in 2018, the cosmetics industry in Latin America is projected to reach value of US$ 68.92 Bn by 2020. Growth of this industry is driving the levulinic acid market in the region.

High Demand for Levulinic Acid in Agriculture

  • In terms of volume, the agriculture application segment held a major share of the levulinic acid market in 2018. Levulinic acid is a bio-based additive, and it can be utilized in herbicides and insecticides or agricultural products, owing to its ability to enhance crop production and prevent pest infestation. Demand for levulinic acid is anticipated to rise worldwide in the near future, due to increased preference for bio-based products in the global agriculture sector.
  • Levulinic acid-based ketal plasticizers are extensively utilized in phthalate-based plasticizers, as they exhibit excellent compatibility with hydrophilic biopolymers, such as polylactic acid

Joint Ventures and R&D Activities to Remain Key Strategies

  • The levulinic acid market was highly consolidated in 2018, with top five manufacturers i.e.
    • GFBiochemicals Ltd.
    • Biofine Technology LLC
    • Tokyo Chemical Industry Co., Ltd.
    • Godavari Biorefineries Ltd
  • Aurochemicals accounting for more than 70% of the market share
  • GFBiochemicals Ltd. held a leading share of the levulinic acid market in 2018. In February 2016, GFBiochemicals acquired Segetis. Situated at Golden Valley, Minnesota (the U.S.), Segetis is a leading producer of levulinic acid derivatives.
  • Companies operating in the levulinic acid market are investing significantly in expanding their product portfolios and improving their distribution networks. They have adopted strategies, such as mergers and acquisitions, new product development, joint ventures, and expansion to cater to the increased demand for levulinic acid across the globe.
  • Biofine Technology LLC was a major manufacturer of levulinic acid in 2018. It accounted for 3.4% share of the global market in the year. This can be primarily ascribed to the company’s constant efforts toward technological innovations, leading to low processing costs and development of high-quality products.

Levulinic Acid Market: Segmentation

Application

Agriculture

Plasticizers

Cosmetics

Food & Beverages

Pharmaceuticals

Others (including Fuels & Fuel Additives, Resins & Coatings, Anti-freezing Agents, and Textile)

Region

North America

Latin America

Asia Pacific

Europe

Middle East & Africa
Levulinic Acid Market

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1. Preface

    1.1. Market Definition and Scope

    1.2. Market Segmentation

    1.3. Key Research Objectives

    1.4. Research Highlights

2. Assumptions and Research Methodology

3. Executive Summary: Global Levulinic Acid Market

4. Market Overview

    4.1. Introduction

    4.2. Key Market Indicators/Definitions

    4.3. Market Dynamics

        4.3.1. Drivers

        4.3.2. Restraints

        4.3.3. Opportunities

    4.4. Global Levulinic Acid Market Analysis and Forecast, 2018–2027

        4.4.1. Global Levulinic Acid Market Volume (Tons)

        4.4.2. Global Levulinic Acid Market Value (US$ Thousand)

    4.5. Porters Five Forces Analysis

    4.6. Value Chain Analysis

    4.7. Regulatory Landscape

    4.8. List of Manufacturers 

    4.9. List of Potential Customers 

5. Global Production Output Analysis, by Region, 2018

6. Pricing Analysis, 2018

    6.1. Price Comparison Analysis, by Application 

    6.2. Price Comparison Analysis, by Region

7. Global Levulinic Acid Market Analysis and Forecast, by Application 

    7.1. Introduction

    7.2. Global Levulinic Acid Market Volume (Tons) and Value (US$ Thousand) Forecast, by Application, 2017–2027

        7.2.1. Agriculture 

        7.2.2. Plasticizers

        7.2.3. Pharmaceutical 

        7.2.4. Cosmetics 

        7.2.5. Food & Beverages

        7.2.6. Others (Including Resins & Coatings, Fuel & Fuel Additives, Anti-freezing Agents, and Textile)

    7.3. Global Levulinic Acid Market Attractiveness, by Application

8. Global Levulinic Acid Market Analysis and Forecast, by Region 

    8.1. Key Findings

    8.2. Global Levulinic Acid Market Volume (Tons) and Value (US$ Thousand) Forecast, by Region, 2019–2027

    8.3. Global Levulinic Acid Market Attractiveness, by Region

9. North America Levulinic Acid Market Analysis and Forecast

    9.1. Key Findings

    9.2. North America Levulinic Acid Market Overview

    9.3. North America Levulinic Acid Market Forecast, by Application, 2018–2027

    9.4. North America Levulinic Acid Market Forecast, by Country, 2018–2027

        9.4.1. U.S. Levulinic Acid Market Volume (Tons) and Value (US$ Thousand) Forecast, by Application, 2018 2027

        9.4.2. Canada Levulinic Acid Market Volume (Tons) and Value (US$ Thousand) Forecast, by Application, 2018–2027

    9.5. North America Levulinic Acid Market Attractiveness Analysis

10. Europe Levulinic Acid Market Analysis and Forecast

    10.1. Key Findings

    10.2. Europe Levulinic Acid Market Overview 

    10.3. Europe Levulinic Acid Market Forecast, by Application, 2018–2027

    10.4. Europe Levulinic Acid Market Forecast, by Country and Sub-region, 2018–2027

        10.4.1. Germany Levulinic Acid Market Volume (Tons) and Value (US$ Thousand) Forecast, by Application, 2018–2027

        10.4.2. U.K. Levulinic Acid Market Volume (Tons) and Value (US$ Thousand) Forecast, by Application, 2018–2027

        10.4.3. France Levulinic Acid Market Volume (Tons) and Value (US$ Thousand) Forecast, by Application, 2018–2027

        10.4.4. Italy Levulinic Acid Market Volume (Tons) and Value (US$ Thousand) Forecast, by Application, 2018–2027

        10.4.5. Spain Levulinic Acid Market Volume (Tons) and Value (US$ Thousand) Forecast, by Application, 2018–2027

        10.4.6. Russia & CIS Levulinic Acid Market Volume (Tons) and Value (US$ Thousand) Forecast, by Application, 2018–2027

        10.4.7. Rest of Europe Levulinic Acid Market Volume (Tons) and Value (US$ Thousand) Forecast, by Application, 2018–2027

    10.5. Europe Levulinic Acid Market Attractiveness Analysis

11. Asia Pacific Levulinic Acid Market Analysis and Forecast

    11.1. Key Findings

    11.2. Asia Pacific Levulinic Acid Market Overview 

    11.3. Asia Pacific Levulinic Acid Market Forecast, by Application, 2018–2027

    11.4. Asia Pacific Levulinic Acid Market Forecast, by Country and Sub-region, 2018–2027

        11.4.1. China Levulinic Acid Market Volume (Tons) and Value (US$ Thousand) Forecast, by Application, 2018–2027

        11.4.2. Japan Levulinic Acid Market Volume (Tons) and Value (US$ Thousand) Forecast, by Application, 2018–2027

        11.4.3. India Levulinic Acid Market Volume (Tons) and Value (US$ Thousand) Forecast, by Application, 2018–2027

        11.4.4. ASEAN Levulinic Acid Market Volume (Tons) and Value (US$ Thousand) Forecast, by Application, 2018–2027

        11.4.5. Rest of Asia Pacific Levulinic Acid Market Volume (Tons) and Value (US$ Thousand) Forecast, by Application, 2018–2027

    11.5. Asia Pacific Levulinic Acid Market Attractiveness Analysis

12. Latin America Levulinic Acid Market Analysis and Forecast

    12.1. Key Findings

    12.2. Latin America Levulinic Acid Market Overview

    12.3. Latin America Levulinic Acid Market Forecast, by Application, 2018–2027

    12.4. Latin America Levulinic Acid Market Forecast, by Country and Sub-region, 2018–2027

        12.4.1. Brazil Levulinic Acid Market Volume (Tons) and Value (US$ Thousand) Forecast, by Application, 2018–2027

        12.4.2. Mexico Levulinic Acid Market Volume (Tons) and Value (US$ Thousand) Forecast, by Application, 2018–2027

        12.4.3. Rest of Latin America Levulinic Acid Market Volume (Tons) and Value (US$ Thousand) Forecast, by Application, 2018–2027

    12.5. Latin America Levulinic Acid Market Attractiveness Analysis

13. Middle East & Africa Levulinic Acid Market Analysis and Forecast

    13.1. Key Findings

    13.2. Middle East & Africa Levulinic Acid Market Overview 

    13.3. Middle East & Africa Levulinic Acid Market Forecast, by Application, 2018–2027

    13.4. Middle East & Africa Levulinic Acid Market Forecast, by Country and Sub-region, 2018–2027

        13.4.1. GCC Levulinic Acid Market Volume (Tons) and Value (US$ Thousand) Forecast, by Application, 2018–2027

        13.4.2. South Africa Levulinic Acid Market Volume (Tons) and Value (US$ Thousand) Forecast, by Application, 2018–2027

        13.4.3. Rest of Middle East & Africa Levulinic Acid Market Volume (Tons) and Value (US$ Thousand) Forecast, by Application, 2018–2027

    13.5. Middle East & Africa Levulinic Acid Market Attractiveness Analysis

14. Competition Landscape

    14.1. Global Levulinic Acid Market Share Analysis, by Company, 2018

    14.2. Company Profiles

        14.2.1. GFBiochemicals Ltd.

            14.2.1.1. Company Description

            14.2.1.2. Business Overview

        14.2.2. Biofine Technology LLC

            14.2.2.1. Company Description

            14.2.2.2. Business Overview

        14.2.3. Tokyo Chemical Industry Co., Ltd.

            14.2.3.1. Company Description

            14.2.3.2. Business Overview

        14.2.4. Hefei TNJ Chemical Industry Co. Ltd. 

            14.2.4.1. Company Description

            14.2.4.2. Business Overview

        14.2.5. Godavari Biorefineries Ltd.

            14.2.5.1. Company Description

            14.2.5.2. Business Overview

            14.2.5.3. Financial Details

            14.2.5.4. Strategic Overview

        14.2.6. Haihang Industry Co., Ltd.

            14.2.6.1. Company Description

            14.2.6.2. Business Overview

        14.2.7. Aurochemicals

            14.2.7.1. Company Description

            14.2.7.2. Business Overview

        14.2.8. Avantium

            14.2.8.1. Company Description

            14.2.8.2. Business Overview

            14.2.8.3. Financial Details

            14.2.8.4. Strategic Overview

        14.2.9. Simagchem Corporation

            14.2.9.1. Company Description

            14.2.9.2. Business Overview

        14.2.10. Central Drug House

            14.2.10.1. Company Description

            14.2.10.2. Business Overview

List of Tables

Table 01: Global Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 02: Global Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 03: Global Levulinic Acid Market Volume (Tons) Forecast, by Region, 2018–2027

Table 04: Global Levulinic Acid Market Value (US$ Thousand) Forecast, by Region, 2018–2027

Table 05: North America Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 06: North America Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 07: North America Levulinic Acid Market Volume (Tons) Forecast, by Country, 2018–2027

Table 08: North America Levulinic Acid Market Value (US$ Thousand) Forecast, by Country, 2018–2027

Table 09: U.S. Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 10: U.S. Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 11: Canada Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 12: Canada Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 13: Europe Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 14: Europe Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 15: Europe Levulinic Acid Market Volume (Tons) Forecast, by Country and Sub-region, 2018–2027

Table 16: Europe Levulinic Acid Market Value (US$ Thousand) Forecast, by Country and Sub-region, 2018–2027

Table 17: Germany Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 18: Germany Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 19: U.K. Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 20: U.K. Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 21: France Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 22: France Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 23: Italy Levulinic Acid Market Volume (US$ Thousand) Forecast, by Application, 2018–2027

Table 24: Italy Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 25: Spain Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 26: Spain Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 27: Russia & CIS Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 28: Russia & CIS Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 29: Rest of Europe Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 30: Rest of Europe Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 31: Asia Pacific Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 32: Asia Pacific Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 33: Asia Pacific Levulinic Acid Market Volume (Tons) Forecast, by Country and Sub-region, 2018–2027

Table 34: Asia Pacific Levulinic Acid Market Value (US$ Thousand) Forecast, by Country and Sub-region, 2018–2027

Table 35: China Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 36: China Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 37: Japan Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 38: Japan Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 39: India Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 40: India Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 41: ASEAN Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 42: ASEAN Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 43: Rest of Asia Pacific Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 44: Rest of Asia Pacific Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 45: Latin America Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 46: Latin America Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 47: Latin America Levulinic Acid Market Volume (Tons) Forecast, by Country and Sub-region, 2018–2027

Table 48: Latin America Levulinic Acid Market Value (US$ Thousand) Forecast, by Country and Sub-region, 2018–2027

Table 49: Brazil Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 50: Brazil Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 51: Mexico Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 52: Mexico Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 53: Rest of Latin America Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 54: Rest of Latin America Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 55: Middle East & Africa Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 56: Middle East & Africa Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 57: Middle East & Africa Levulinic Acid Market Volume (Tons) Forecast, by Country and Sub-region, 2018–2027

Table 58: Middle East & Africa Levulinic Acid Market Value (US$ Thousand) Forecast, by Country and Sub-region, 2018–2027

Table 59: GCC Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 60: GCC Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 61: South Africa Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 62: South Africa Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

Table 63: Rest of Middle East & Africa Levulinic Acid Market Volume (Tons) Forecast, by Application, 2018–2027

Table 64: Rest of Middle East & Africa Levulinic Acid Market Value (US$ Thousand) Forecast, by Application, 2018–2027

List of Figures

Figure 01: Global Levulinic Acid Market Volume Share, by Application, 2018 and 2027

Figure 02: Global Levulinic Acid Market Volume Share, by Region, 2018 and 2027

Figure 03: Global Agrochemical Overview 

Figure 04: Global Medicine Spending and Growth (US$ Bn), 2009–2023

Figure 05: Growth of Global Cosmetics Industry over 10 Years

Figure 06: Global Levulinic Acid Market Volume (Tons) and Value (US$ Mn), 2018–2027

Figure 07: Global Levulinic Acid Market, Absolute $ Opportunity (US$ Mn), 2018–2027

Figure 08: Global Levulinic Acid Pricing Analysis (US$/Ton), by Application, 2018–2027

Figure 09: Global Levulinic Acid Pricing Analysis (US$/Ton), by Region, 2018–2027

Figure 10: Global Levulinic Acid Market Volume Share Analysis, by Application, 2018 and 2027

Figure 11: Global Levulinic Acid Market Attractiveness Analysis, by Application

Figure 12: Global Levulinic Acid Market Volume Share Analysis, by Region, 2018 and 2027

Figure 13: Global Levulinic Acid Market Attractiveness Analysis, by Region

Figure 14: North America Levulinic Acid Market Volume Share Analysis, by Application, 2018 and 2027

Figure 15: North America Levulinic Acid Market Attractiveness Analysis, by Application

Figure 16: North America Levulinic Acid Market Volume Share Analysis, by Country, 2018 and 2027

Figure 17: North America Levulinic Acid Market Attractiveness Analysis, by Country 

Figure 18: Europe Levulinic Acid Market Volume Share Analysis, by Application, 2018 and 2027

Figure 19: Europe Levulinic Acid Market Attractiveness Analysis, by Application

Figure 20: Europe Levulinic Acid Market Volume Share Analysis, by Country and Sub-region, 2018 and 2027

Figure 21: Europe Levulinic Acid Market Attractiveness Analysis, by Country and Sub-region

Figure 22: Asia Pacific Levulinic Acid Market Volume Share Analysis, by Application, 2018 and 2027

Figure 23: Asia Pacific Levulinic Acid Market Attractiveness Analysis, by Application

Figure 24: Asia Pacific Levulinic Acid Market Share Volume Analysis, by Country and Sub-region, 2018 and 2027

Figure 25: Asia Pacific Levulinic Acid Market Attractiveness Analysis, by Country and Sub-region

Figure 26: Latin America Levulinic Acid Market Volume Share Analysis, by Application, 2018 and 2027

Figure 27: Latin America Levulinic Acid Market Attractiveness Analysis, by Application

Figure 28: Latin America Levulinic Acid Market Volume Share Analysis, by Country and Sub-region, 2018 and 2027

Figure 29: Latin America Levulinic Acid Market Attractiveness Analysis, by Country and Sub-region

Figure 30: Middle East & Africa Levulinic Acid Market Volume Share Analysis, by Application, 2018 and 2027

Figure 31: Middle East & Africa Levulinic Acid Market Attractiveness Analysis, by Application

Figure 32: Middle East & Africa Levulinic Acid Market Volume Share Analysis, by Country and Sub-region, 2018 and 2027

Figure 33: Middle East & Africa Levulinic Acid Market Attractiveness Analysis, by Country and Sub-region

Figure 34: Global Levulinic Acid Market Share Analysis, by Company, 2018

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