The report "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, 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.
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The objectives of this study are:
• To define, describe, and forecast the levulinic acid market on the basis of application and region
• To estimate and forecast the levulinic acid market size, in terms of value (USD million) and volume (tons)
• To estimate and forecast the levulinic acid market on the basis of application in different regions, namely, North America, Europe, Asia-Pacific, and Rest of the World
• To identify and analyze drivers, restraints, opportunities, and challenges influencing the levulinic acid market
• To analyze region-specific trends in North America, Europe, Asia-Pacific, and Rest of the World
• To strategically profile key market players and analyze their core competencies
• To track and analyze recent market developments and competitive strategies in the levulinic acid market, such as partnerships, agreements, collaborations, mergers & acquisitions, new product developments, and expansions
This study aims to estimate the levulinic acid market size for 2016 and projects its demand till 2021. It also provides a detailed qualitative and quantitative analysis of the levulinic acid market. Various secondary sources that include directories, industry journals, various associations (such as, ICTA International Chemical Trade Association, European Renewable Resources and Materials Association), and databases have been used to identify and collect information useful for this extensive commercial study of the levulinic acid market. Primary sources, such as experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess future prospects of the levulinic acid market.
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Scope of the Report: This research report categorizes the levulinic acid market on the basis of application and region. The report forecasts revenues as well as analyzes trends in each of these submarkets.
On the basis of Application:
• Plasticizers
• Pharmaceuticals & Cosmetics
• Others
On the basis of Region:
• North America
• Europe
• Asia-Pacific
• Rest of the World
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
• Applications Industry Analysis
• Further breakdown of the application industry into different areas, such as solvents, anti-inflammatories, and others for four regions
• Company Information
• Detailed analysis and profiling of additional market players (up to five)

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The value chain of the levulinic acid market includes raw material manufacturers and levulinic acid manufacturers. Leading players operating in the levulinic acid market include 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. In addition, companies that may be potential end users of levulinic acid include Akzonobel (N.L.), PPG Industries (U.S.), Sherwin-Williams (U.S.), Axalta (U.S.), BASF (Germany), and others, for paints and coating, and Merck & Co (U.S.), Johnson & Johnson (U.S.), and others, for pharmaceuticals and cosmetics.
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