Levulinic acid is an organic compound which is deemed to replace petroleum based products, in sectors such as chemical industry and bio-fuel among others, in the near future. It has been classified as a keto acid and is generally produced from brewery waste, biomass and manure among others. Levulinic acid can also be produced by acidic hydrolysis of furfuryl alcohol, by hydrolyzing acetyl succinate esters and by ozone based oxidation of ketones. It is a white crystalline solid and is also ... Read more
Levulinic acid is an organic compound which is deemed to replace petroleum based products, in sectors such as chemical industry and bio-fuel among others, in the near future. It has been classified as a keto acid and is generally produced from brewery waste, biomass and manure among others. Levulinic acid can also be produced by acidic hydrolysis of furfuryl alcohol, by hydrolyzing acetyl succinate esters and by ozone based oxidation of ketones. It is a white crystalline solid and is also ... Read more
The levulinic acid is widely used in food and beverage, pharmaceuticals, cosmetic and personal care products, agriculture, and other applications. Levulinic acid is extensively used in processed food as food additives. Personal care and pharmaceutical sector are expected to witness an expanding growth during the forecast period 2018-2023.
The global levulinic acid market is spanned across five regions of the world namely, ... Read more
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.
The Levulinic Acid Market is projected to reach USD 32.5 Million by 2021, at a CAGR of 14.0% between 2016 and 2021. This growth can be attributed to the increasing consumption of levulinic acid in pharmaceuticals and cosmetics.
Browse 88 market data tables and 52 figures spread through 186 pages and in-depth TOC on “High Temperature Adhesives Market ... Read more
