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Levulinic Acid Market by Application (Plasticizers, Pharmaceuticals & Cosmetics), Technology (Acid Hydrolysis, Biofine), and Region (North America, Europe, Asia-Pacific and Rest of the World) - Global Forecast to 2021

Levulinic Acid Market by Application (Plasticizers, Pharmaceuticals & Cosmetics), Technology (Acid Hydrolysis, Biofine), and Region (North America, Europe, Asia-Pacific and Rest of the World) - Global Forecast to 2021

The levulinic acid market is projected to reach USD 32.5 million by 2021
The levulinic acid market is projected to reach USD 32.5 million by 2021, at a CAGR of 14.0% between 2016 and 2021. Increasing consumption of levulinic acid by pharmaceuticals and cosmetics industries is one of the significant factors driving the growth of the levulinic acid market. High price due to low production volumes of levulinic acid is one of the key restraints for growth of the market. However, with capacity expansion, the prices may go down.

Based on application, the pharmaceuticals & cosmetics segment is expected to grow at a high rate during the forecast period
Levulinic acid is an important bio-based platform chemical that is increasingly being used in several applications, owing to its exceptional performance as an anti-inflammatory and minerals supplement. Levulinic acid offers several advantages, such as increasing demand for biochemical across industries and regulations imposed by regulatory bodies, such as governments and environmental associations on use of petrochemical products. In addition, ketal esters, which are derivatives of levulinic acid, are expected to replace all phthalate-based plasticizers, as these are bio-based. This factor may lead to high demand for levulinic acid in the coming years with changing industry trends for green chemicals.

The levulinic acid market in Europe is projected to grow at the highest CAGR during the forecast period
The Europe levulinic acid market is anticipated to grow at the highest CAGR between 2016 and 2021. This growth can be attributed to the increasing demand for levulinic acid by industries, such as plasticizers, pharmaceuticals, and cosmetics. Germany is anticipated to lead the Europe levulinic acid market, in terms of consumption, during the forecast period.

BREAKDOWN OF PROFILE OF PRIMARY PARTICIPANTS:
By Company Type: Tier 1 – 37 %, Tier 2 - 13%, and Tier 3 - 50%
By Designation: C Level - 50%, Director Level - 31%, and Others - 19%
By Region: North America - 44%, Europe - 31%, Asia-Pacific - 19%, and Rest of the World - 6%

Major companies profiled in this report 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), among others.


REASONS TO BUY THE REPORT:
This report includes market statistics pertaining to applications and region, along with their respective revenues
Major drivers, restraints, and opportunities for the levulinic acid market have been detailed in this report
Illustrative segmentation, analysis, and forecast of markets based on application and region have been conducted to give an overall view of the levulinic acid market
Detailed competitive landscape includes key players, in-depth analysis, and revenue of key players

Research Coverage
The market for levulinic acid has been segmented into application and region. Based on application, the levulinic acid market has been divided into plasticizers, pharmaceuticals & cosmetics, and others. Four major regions, namely, North America, Europe, Asia-Pacific, and Row have been covered for country-wise study of the levulinic acid market. The study covers a comprehensive market overview for the levulinic acid market that depicts potential drivers, restraints, challenges, and current policies for biochemical in five major regions that may affect the dynamics of the market, in terms of future trends.


  • INTRODUCTION
    • OBJECTIVE OF STUDY
    • PRODUCT DEFINITION
    • PRODUCT PROPERTIES
      • Table LEVULINIC ACID PROPERTIES
      • Table LEVULINIC ACID IDENTIFIERS
    • MARKETS COVERED
    • STAKEHOLDERS
    • CURRENCY & YEARS CONSIDERED FOR STUDY
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
    • MARKETS TRENDS AND DYNAMICS
    • DATA MINING AND ANALYSIS – TRIANGULATION
    • GENERAL ASSUMPTIONS
      • Table GENERAL ASSUMPTIONS
      • Table YEARWISE FORECAST AND ASSUMPTIONS
    • YEAR-WISE FORECAST & ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • INTRODUCTION
    • MARKET DEVELOPMENTS
    • MARKET ANALYSIS
    • CONCLUSION
      • Table BUILDING BLOCK CHEMICALS FOR BIO-REFINERIES
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS - DRIVERS/ RESTRAINTS / OPPORTUNITIES
    • MARKET DRIVERS
    • MARKET RESTRAINTS
    • OPPORTUNITIES
    • IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
    • EVOLUTION OF RENEWABLE FUELS AND CHEMICALS
    • PLATFORM CHEMICALS- SOURCES AND FEEDSTOCK
    • MARKET ESTIMATES (COMPARISON OF PLATFORM CHEMICALS WITH PEER MARKETS)
    • CHEMICAL INITIATIVES & REGULATIONS SUPPORTING BIO-BASED CHEMICALS
      • Table CHEMICAL INITIATIVES AND REGULATIONS FOR BIO-BASED CHEMICALS
    • CURRENT POLICY STATUS FOR BIOCHEMICALS IN FIVE MAJOR REGIONS
      • Table POLICY STATUS FOR BIOCHEMICALS IN FIVE MAJOR REGIONS
  • INDUSTRY TRENDS
    • VALUE CHAIN ANALYSIS
    • Bio-based Chemicals: Commercialization & Growth Prospects
    • PATENT ANALYSIS
      • Table LEVULINIC ACID : REGION WISE PATENT ANALYSIS
    • NEW MARKETS AND APPLICATIONS ALREADY VALIDATED
    • LEVULINIC ACID – PRODUCTION ROUTES
  • LEVULINIC ACID MARKET, BY TECHNOLOGY
    • INTRODUCTION
    • ACID HYDROLYSIS PRODUCTION PROCESS
    • BIOFINE PRODUCTION PROCESS
    • LEVULINIC ACID AS A PART OF GREEN TECHNOLOGY
    • LEVULIC ACID DERIVATIVES AND APPLICATIONS
    • EXISTING AND POTENTIAL APPLICATIONS OF LEVULINIC ACID DERIVATIVES
    • MARKET DYNAMICS OF TARGET LA MARKET
  • LEVULINIC ACID MARKET, BY REGION
    • INTRODUCTION
    • LEVULINIC ACID MARKET, BY REGION, 2014-2021 (USD MILLION)
      • Table LEVULINIC ACID MARKET, BY REGION, 2014-2021 (USD MILLION)
    • LEVULINIC ACID MARKET, BY REGION, 2014-2021 (TONS)
      • Table LEVULINIC ACID MARKET, BY REGION, 2014-2021 (TONS)
    • NORTH AMERICA LEVULINIC ACID MARKET, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA LEVULINIC ACID MARKET, BY COUNTRY, 2014-2021 (USD MILLION)
    • NORTH AMERICA LEVULINIC ACID MARKET, BY COUNTRY, 2014-2021 (TONS)
      • Table NORTH AMERICA LEVULINIC ACID MARKET, BY COUNTRY, 2014-2021 (TONS)
    • EUROPE LEVULINIC ACID MARKET, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table EUROPE LEVULINIC ACID MARKET, BY COUNTRY, 2014-2021 (USD MILLION)
    • EUROPE LEVULINIC ACID MARKET, BY COUNTRY, 2014-2021 (TONS)
      • Table EUROPE LEVULINIC ACID MARKET, BY COUNTRY, 2014-2021 (TONS)
    • ASIA-PACIFIC LEVULINIC ACID MARKET, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC LEVULINIC ACID MARKET, BY COUNTRY, 2014-2021 (USD MILLION )
    • ASIA-PACIFIC LEVULINIC ACID MARKET, BY COUNTRY, 2014-2021 (TONS)
      • Table ASIA-PACIFIC LEVULINIC ACID MARKET, BY COUNTRY, 2014-2021 (TONS)
    • REST OF THE WORLD LEVULINIC ACID MARKET, BY REGION, 2014-2021 (USD MILLION)
      • Table REST OF WORLD LEVULINIC ACID MARKET, BY REGION, 2014-2021 (USD MILLION)
    • REST OF THE WORLD LEVULINIC ACID MARKET, BY REGION, 2014-2021 (TONS)
      • Table REST OF WORLD LEVULINIC ACID MARKET, BY REGION, 2014-2021 (TONS)
  • LEVULINIC ACID MARKET, BY APPLICATION
    • INTRODUCTION
    • LEVULINIC ACID - ESTIMATED SIZE OF MAJOR ADDRESSABLE MARKETS BY 2021
    • LEVULINIC ACID MARKET, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table LEVULINIC ACID MARKET, BY APPLICATION, 2014-2021 (USD MILLION)
    • LEVULINIC ACID MARKET, BY APPLICATION, 2014-2021 (TONS)
      • Table LEVULINIC ACID MARKET, BY APPLICATION, 2014-2021 (TONS)
    • LEVULINIC ACID MARKET IN PLASTICIZERS, BY REGION, 2014-2021 (USD MILLION)
      • Table LEVULINIC ACID MARKET IN PLASTICIZERS, BY REGION, 2014-2021 (USD MILLION)
    • LEVULINIC ACID MARKET IN PLASTICIZERS, BY REGION, 2014-2021 (TONS)
      • Table LEVULINIC ACID MARKET IN PLASTICIZERS, BY REGION, 2014-2021 (TONS)
    • LEVULINIC ACID MARKET IN PHARMACEUTICALS & COSMETICS, BY REGION, 2014-2021 (USD MILLION)
      • Table LEVULINIC ACID MARKET IN PHARMACEUTICALS & COSMETICS, BY REGION, 2014-2021 (USD MILLION)
    • LEVULINIC ACID MARKET IN PHARMACEUTICALS & COSMETICS, BY REGION, 2014-2021 (TONS)
      • Table LEVULINIC ACID MARKET IN PHARMACEUTICALS & COSMETICS, BY REGION, 2014-2021 (TONS)
    • LEVULINIC ACID MARKET IN OTHER APPLICATIONS, BY REGION, 2014-2021 (USD MILLION)
      • Table LEVULINIC ACID MARKET IN OTHER APPLICATIONS, BY REGION, 2014-2021 (USD MILLION)
    • LEVULINIC ACID MARKET IN OTHER APPLICATIONS, BY REGION, 2014-2021 (TONS)
      • Table LEVULINIC ACID MARKET IN OTHER APPLICATIONS, BY REGION, 2014-2021 (TONS)
  • COMPANY PROFILES
    • COMPANY ANALYSIS
      • Table LEVULINIC ACID MARKET : COMPANY AND TECHNOLOGY ANALYSIS
    • BIOFINE INTERNATIONAL INC.– COMPANY SNAPSHOT
    • BIOFINE INC.– PRODUCTION TECHNOLOGY USED
    • BIOFINE INC.– GROWTH STRATEGIES EMPLOYED
    • BIOFINE INC.– FEED STOCK USED
    • BIOFINE INC.– PRODUCT ATTRIBUTES AND TARGET MARKETS
    • BIOFINE INC.– BIOFINE'S APPROACH TO LA MARKET
    • BIOFINE INC.– EXPECTED COMMERCIALIZATION
    • BIOFINE INC.– FACTORS AFFECTING GROWTH
    • AVANTIUM.– COMPANY SNAPSHOT
    • AVANTIUM.– PRODUCTION TECHNOLOGY USED
    • AVANTIUM.– RECENT DEVELOPMENTS
    • AVANTIUM.– GROWTH STRATEGIES EMPLOYED
    • AVANTIUM – FEED STOCKS USED
    • AVANTIUM.– TARGET MARKETS
    • AVANTIUM.– EXPECTED COMMERCIALIZATION
    • AVANTIUM. –FACTORS AFFECTING GROWTH
    • GF BIOCHEMICALS LTD.– COMPANY SNAPSHOT
    • GF BIOCHEMICALS LTD..– PRODUCTION TECHNOLOGY USED
    • GF BIOCHEMICALS LTD. –PRODUCTS & SERVICES OFFERED
    • GF BIOCHEMICALS LTD.– RECENT DEVELOPMENTS
    • GF BIOCHEMICALS LTD.– FEED STOCKS USED
    • GF BIOCHEMICALS LTD.– EXPECTED COMMERCIALIZATION
    • LANGFANG TRIPLE WELL CHEMICALS CO. LTD (LTW) –COMPANY SNAPSHOT
    • SIMAGCHEM CORPORATION – COMPANY SNAPSHOT
    • HEFEI TNJ CHEMICAL INDUSTRY CO., LTD. –COMPANY SNAPSHOT
    • GREAT CHEMICALS CO. LTD. –COMPANY SNAPSHOT
  • APPENDIX
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE

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