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Levulinic Acid Market Strategy And Product Research Report 2020

The global levulinic acid market is expected to reach USD 61.2 Million by 2027, according to a new report by Reports and Data. Levulinic acid is a very versatile chemical that finds usage in several end-use industries attributed to its application as food & feed additive, fertilizer, fungicide, plasticizer, coating, and antifreeze, among others.

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Levulinic Acid Market Strategy And Product Research Report 2020

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  1. Levulinic Acid Market To Reach USD 61.2 Million By 2027 www.reportsanddata.com

  2. Market Summary Market Size – USD 29.9 Million in 2019, Market Growth - CAGR of 9.3%, Market Trends – Growing demand in the production of PVC The global Levulinic Acid Market is expected to reach USD 61.2 Million by 2027, according to a new report by Reports and Data. Levulinic acid is a very versatile chemical that finds usage in several end-use industries attributed to its application as food & feed additive, fertilizer, fungicide, plasticizer, coating, and antifreeze, among others. • Further key findings from the report suggest • By technology, acid hydrolysis is likely to observe a growth rate of 8.8% in the forecast period. Levulinic acid is made by high-temperature acid hydrolysis of carbohydrates, including galactose, glucose, and sucrose, among others, as well as form biomeric material like wood and agricultural wastes. Levulinic is isolated either by solvent extraction or partial neutralization, filtration, and vacuum steam distillation. • By distribution channel, offline held a larger levulinic acid market size in 2019. The levulinic acid industry is very offline-intensive and witnesses transparency. The offline channel necessitates the requirement of substantial investment of time by the buyer and high selling costs, along with considerable knowledge of the levulinic acid market on the seller side. • By application, food additive held a substantial levulinic acid market size in 2019. Levulinic acid as a food-grade preservative finds usage in slowing down microbial growth, regulating the pH levels of food products, and disinfecting the surface of fruits. Besides, levulinic acid is generally deployed to make maple, caramel, and several other syrupy flavors such as a flavor in berry-type compositions. www.reportsanddata.com

  3. Market Summary Key Players: GF Biochemicals, Avantium NV, DuPont, Hebei Shijiazhuang Worldwide Furfural & Furfuryl Alcohol Furan Resin Co. Ltd., Shijiazhuang Pharmaceutical Group Ouyi Pharmaceutical Co. Ltd., Biofine Technology LLC, Segetis, Shanghai Apple Flavor & Fragrance Co. Ltd., HebeiLangfang Triple Well Chemicals Co. Ltd., Jiangsu Yancheng China Flavor Chemicals Co. Ltd., Sigmachem Corporation, and Anhui Herman Impex Co Ltd., among others. Segmentation: • Technology Outlook (Volume, Kilo Tons; Revenue, USD Million; 2017-2027) • Acid Hydrolysis • Biofine • Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2017-2027) • Agriculture • Pharmaceutical • Food Additives • Cosmetics • Plasticizers • Others Free Sample Report @ https://www.reportsanddata.com/sample-enquiry-form/3472 www.reportsanddata.com

  4. Market Summary • Distribution Channel Outlook (Volume, Kilo Tons; Revenue, USD Million; 2017-2027) • Online • Offline • Regional Outlook (Revenue, USD Million; 2016–2026) • North America • US • Canada & Mexico • Europe • Germany • France • Asia Pacific • China • Japan • Rest of APAC • Rest of the World • Middle East and Africa Any Query or Discount? Ask our Expert @ https://www.reportsanddata.com/discount-enquiry-form/3472 www.reportsanddata.com

  5. The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact US John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com www.reportsanddata.com

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