Industrial Grade Levulinic Acid Market

Levulinic acid (CAS No 123-76-2), or 4-oxopentanoic acid, is an organic compound with the formula CH3C(O)CH2CH2CO2H. It is classified as a keto acid. This white crystalline solid is soluble in water and polar organic solvents. It is derived from degradation of cellulose and is a potential precursor to biofuels.

Industrial Grade Levulinic Acid Market contains market size and forecasts of Industrial Grade Levulinic Acid in global, including the following market information:

Global Industrial Grade Levulinic Acid Market Revenue, 2018-2023, 2023-2030, ($ millions)

Global Industrial Grade Levulinic Acid Market Sales, 2018-2023, 2023-2030, (Tons)

Global top five Industrial Grade Levulinic Acid companies in 2022 (%)

The global Industrial Grade Levulinic Acid market was valued at million in 2022 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period 2023-2030.

The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.

Bio-based Segment to Reach $ Million by 2030, with a % CAGR in next six years.

The global key manufacturers of Industrial Grade Levulinic Acid include GFBiochemicals, Zibo Changlin Chemical, Hefei TNJ Chemical, Heroy Chemical Industry and Guannan East Chemical, etc. In 2022, the global top five players have a share approximately % in terms of revenue.

We surveyed the Industrial Grade Levulinic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Industrial Grade Levulinic Acid Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (Tons)

Global Industrial Grade Levulinic Acid Market Segment Percentages, by Type, 2022 (%)

Bio-based

Petroleum-based

Global Industrial Grade Levulinic Acid Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (Tons)

Global Industrial Grade Levulinic Acid Market Segment Percentages, by Application, 2022 (%)

Cosmetics & Personal Care

Plasticizers

Food and Flavors

Agrochemicals

Biofuels

Others

Global Industrial Grade Levulinic Acid Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (Tons)

Global Industrial Grade Levulinic Acid Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Industrial Grade Levulinic Acid revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Industrial Grade Levulinic Acid revenues share in global market, 2022 (%)

Key companies Industrial Grade Levulinic Acid sales in global market, 2018-2023 (Estimated), (Tons)

Key companies Industrial Grade Levulinic Acid sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

GFBiochemicals

Zibo Changlin Chemical

Hefei TNJ Chemical

Heroy Chemical Industry

Guannan East Chemical