Levulinic Acid Market: Trends, Forecast and Competitive Analysis

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The future of the levulinic acid market looks promising with opportunities in plasticizer, agriculture, food additive, and pharmaceutical and cosmetic applications. The global levulinic acid market is expected to grow with a CAGR of 6%-7% from 2020 to 2025. The major drivers for this market are The major growth drivers for this market are increasing demand for levulinic acid in the plasticizer and pharmaceutical and cosmetic industries.

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The study includes trends and forecast for the global levulinic acid market by application, technology, and region as follows:

By Application [Value ($ Million) shipment analysis for 2014 – 2025]:

Plasticizers

Pharmaceuticals and Cosmetics

Agriculture

Food additives

Others

By Technology [Value ($ Million) shipment analysis for 2014 – 2025]:

Acid Hydrolysis

Biofine

By Region [Value ($ Million) shipment analysis for 2014 – 2025]:

North America

United States

Canada

Mexico

Europe

Italy

United Kingdom

German

France

Asia Pacific

China

India

South Korea

Japan

The Rest of the World

Brazil

Some of the levulinic acid companies profiled in this report include Biofine International Inc., Avantium Inc., GF Biochemicals Ltd., Langfang Triple Well Chemicals Co Ltd, Simagchem Corporation, Hefei TNJ Chemical Industry Co Ltd., and Great Chemicals Co Ltd.

Lucintel forecasts that hydrolosis will remain the largest segment over the forecast period.

Within this market, agriculture will remain the largest segment by application over the forecast period due to its usage as herbicide in lawns for grain crops and as a plant growth stimulator.

North America will remain the largest market over the forecast period due to growing demand for biofuel and favorable government regulations in the region.

Features of the Global Levulinic Acid Market

Market Size Estimates: Global levulinic acid market size estimation in terms of value ($M) shipment.
Trend and Forecast Analysis: Market trends (2014-2019) and forecast (2020-2025) by various segments.
Segmentation Analysis: Global levulinic acid market size by various segments, such as application and technology in terms of value.
Regional Analysis: Global levulinic acid market breakdown by the North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different application, technology, and region for the global levulinic acid market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global levulinic acid market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following key questions

Q.1 What are some of the most promising potential, high-growth opportunities for the global levulinic acid market by application (plasticizers, pharmaceuticals & cosmetics, agriculture, food additives, and others), technology (acid hydrolysis and biofine), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global levulinic acid market?
Q.5 What are the business risks and threats to the global levulinic acid market?
Q.6 What are emerging trends in this levulinic acid market and the reasons behind them?
Q.7 What are some changing demands of customers in this levulinic acid market?
Q.8 What are the new developments in this levulinic acid market? Which companies are leading these developments?
Q.9 Who are the major players in this levulinic acid market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this levulinic acid market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the global levulinic acid market?

Report Scope

Key Features	Description
Base Year for Estimation	2019
Trend Period (Actual Estimates)	2014-2019
Forecast Period	2020-2025
Pages	More than 150
Market Representation / Units	Revenue in US $ Million
Report Coverage	Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling
Market Segments	Application (Plasticizers, Pharmaceuticals and Cosmetics, Agriculture, Food Additives, and Others) andTechnology (Acid Hydrolysis and Biofine)
Regional Scope	North America (USA, Mexico, and Canada), Europe (Italy, United Kingdom, Germany, and France), Asia (China, India, Japan, South Korea), and ROW (Brazil)
Customization	10% Customization without Any Additional Cost

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Table of Contents

1. Executive Summary

2. Market Background and Classifications

2.1: Introduction, Background, and Classifications

2.2: Supply Chain

2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2014 to 2025

3.1: Macroeconomic Trends and Forecast

3.2: Global Levulinic Acid Market Trends and Forecast

3.3: Global Levulinic Acid Market by Application

3.3.1: Plasticizer

3.3.2: Pharmaceutical and Cosmetic

3.3.3: Agriculture

3.3.4: Food Additive

3.3.5: Others

3.4: Global Levulinic Acid Market by Technology

3.4.1: Acid Hydrolysis

3.4.2: Biofine

4. Market Trends and Forecast Analysis by Region

4.1: Global Levulinic Acid Market by Region

4.2: North American Levulinic Acid Market

4.2.1: Market by Application:Plasticizer, Pharmaceutical and Cosmetic, Agriculture, Food Additive, and Others

4.2.2: Market by Technology:Acid Hydrolysis and Biofine

4.2.3: The United States Levulinic Acid Market

4.2.4: The Canadian Levulinic Acid Market

4.2.5: The Mexican Levulinic Acid Market

4.3: European Levulinic Acid Market

4.3.1: Market by Application:Plasticizer, Pharmaceutical and Cosmetic, Agriculture, Food Additive, and Others

4.3.2: Market by Technology:Acid Hydrolysis and Biofine

4.3.3: The Italian Levulinic Acid Market

4.3.4: The United Kingdom Levulinic Acid Market

4.3.5: The German Levulinic Acid Market

4.3.6: The French Levulinic Acid Market

4.4: APAC Levulinic Acid Market

4.4.1: Market by Application:Plasticizer, Pharmaceutical and Cosmetic, Agriculture, Food Additive, and Others

4.4.2: Market by Technology:Acid Hydrolysis and Biofine

4.4.3: The Chinese Levulinic Acid Market

4.4.4: The Indian Levulinic Acid Market

4.4.5: The South Korean Levulinic Acid Market

4.4.6: The Japanese Levulinic Acid Market

4.5: ROW Levulinic Acid Market

4.5.1: Market by Application:Plasticizer, Pharmaceutical and Cosmetic, Agriculture, Food Additive, and Others

4.5.2: Market by Technology:Acid Hydrolysis and Biofine

4.5.3: The Brazilian Levulinic Acid Market

5. Competitor Analysis

5.1: Market Share Analysis

5.2: Product Portfolio Analysis

5.3: Operational Integration

5.4: Geographical Reach

5.5: Porter’s Five Forces Analysis

6. Cost Structure Analysis

6.1: Cost of Goods Sold

6.2: SG&A

6.3: EBITDA Margin

7. Growth Opportunities and Strategic Analysis

7.1: Growth Opportunity Analysis

7.1.1: Growth Opportunities for the Global Levulinic Acid Market by Application

7.1.2: Growth Opportunities for the Global Levulinic Acid Market by Technology

7.1.3: Growth Opportunities for the Global Levulinic Acid Market by Region

7.2: Emerging Trends in the Global Levulinic Acid Market

7.3: Strategic Analysis

7.3.1: New Product Development

7.3.2: Capacity Expansion of the Global Levulinic Acid Market

7.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Levulinic Acid Market

7.3.4: Certification and Licensing

8. Company Profiles of Leading Players

8.1: Biofine International Inc.

8.2: Avantium Inc.

8.3: GF Biochemicals Ltd.

8.4: Langfang Triple Well Chemicals Co Ltd

8.5: Simagchem Corporation

8.6: Hefei TNJ Chemical Industry Co Ltd..

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:

In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.

Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.

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Levulinic Acid Market: Trends, Forecast and Competitive Analysis

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Regional Scope

North America (USA, Mexico, and Canada), Europe (Italy, United Kingdom, Germany, and France), Asia (China, India, Japan, South Korea), and ROW (Brazil)