Levulinic Acid Market - Global Industry Analysis, Size, Share, 2023.

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Levulinic Acid Market - Global Industry
Analysis, Size, Share, Growth, Trends
And Forecast 2015 - 2023

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REPORT DESCRIPTION

Transparency Market Research Reports incorporated a definite business overview and investigation inclines on Levulinic Acid
Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2015 - 2023. This report likewise
incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide
business sector industry structure.
Levulinic acid, also known as 4-oxopentanoic acid, is an organic compound derived from bio-based raw materials such as
manure, bagasse, biomass, and brewery waste. It is a crystalline solid, white in color, and is soluble in ethanol, water, and
diethyl ether. Levulinic acid can be produced using several processes. The most common process used is dehydration treatment
of biomass with acid. Some other methods include acidic hydrolysis of furfuryl alcohol, oxidation of ketones with ozone, and
hydrolysis of acetyl succinate esters. Agriculture, food additives, pharmaceutical, and cosmetics are key end-user industries of
levulinic acid. It is also used in a limited manner in other industries such as plastics (as an additive), synthetic rubbers, and
nylon. Levulinic acid is used in fertilizers and pesticides in the agriculture industry. Subsequently, it is also used in the
manufacture of polyols and plasticizers as raw material.
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