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 ... Read more
Levulinic acid has been majorly adopted by agricultural industry with key applications in fertilizers and pesticides. The strong demand arising from the agricultural industry is one of the major drivers in the global levulinic acid market. Also the regulatory scenario in the levulinic acid market is in favor which shows a positive influence on levulinic acid demand for the ... Read more