Levulinic Acid Market size was valued at US$ 23.68 Mn. in 2022 and the total Levulinic Acid revenue is expected to grow by 14.8 % from 2022 to 2029, reaching nearly US$ 62.23 Mn.
Levulinic Acid Market Overview
The total global market for Levulinic Acid Market was in 2021 from the supply side, claimed Sr. Research Analyst Ms. Neha Nalwade while publishing the report. Maximize Market research published the global market and industry analysis report on the Levulinic Acid Market market on 20th November and is available in the market now. The report includes key business insights and market sizing by region, products, and applications, with a forecast for 2029.
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Levulinic Acid Market Scope
The Maximize Market research Report provides Levulinic Acid Market insights for manufacturers, suppliers, distributors, and investors. All stakeholders in the Levulinic Acid Market , including industry experts, researchers, journalists, and business researchers, can benefit from the information and statistics provided in the report.
Maximize Market Research report explains how to do in-depth research on the Levulinic Acid Market and develop conclusions about the market's future growth factors. The research technique combines primary and secondary research methodologies to ensure the authenticity and validity of the findings in the research.
Levulinic Acid Market Segmentation
The personal care and cosmetics application segment is anticipated to expand at a CAGR of 4.5% during the forecast period. Levulinic acid and its salts, most notably sodium levulinate, are water-soluble and frequently used in skincare and cosmetics due to their approval by the US Food and Drug Administration. Additionally, the use of these additives is not restricted by the cosmeceutical regulations of the European Union. Levulinic acid and sodium levulinate are both used in roughly 128 cosmetic formulations and 490 pharmaceutical preparations, respectively, according to survey data from the 2021 Voluntary Cosmetic Registration Program.
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Key Players
• Biofine International Inc.
• Avantium
• GF Biochemicals Ltd.
• Langfang Triple Well Chemicals Co. Ltd
• Simagchem Corporation
• Hefei TNJ Chemical Industry Co., Ltd.
• Great Chemicals Co. Ltd.
• Anhui Herman Impex Co Ltd
• Heroy Chemical Industry Co. Ltd.
• Haihang Industry Co. Ltd
• DuPont
• CSPC Pharmaceutical Group
• Segetis
• Jiangsu Yancheng China Flavor Chemicals Co., Ltd.
• Shanghai Apple Flavor & Fragrance Co., Ltd.
• Tokyo Chemical Industry Co. Ltd
Regional Analysis
The report on the Levulinic Acid Market 's growth provides a detailed regional analysis. It demonstrates the most significant regional divides, such as North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa, has global influence. To keep ahead of the competition, market research gains a better perspective and understanding of the market and target audience.
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Key Questions answered in the Levulinic Acid Market Report are:
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