Global Levulinic Acid Market Growth 2023-2029

Levulinic acid (CAS No 123-76-2), or 4-oxopentanoic acid, is an organic compound with the formula CH3C(O)CH2CH2CO2H. It is classified as a keto acid. This white crystalline solid is soluble in water and polar organic solvents. It is derived from degradation of cellulose and is a potential precursor to biofuels.

LPI (LP Information)' newest research report, the “Levulinic Acid Industry Forecast” looks at past sales and reviews total world Levulinic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Levulinic Acid sales for 2023 through 2029. With Levulinic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Levulinic Acid industry.

This Insight Report provides a comprehensive analysis of the global Levulinic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Levulinic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Levulinic Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Levulinic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Levulinic Acid.

The global Levulinic Acid market size is projected to grow from US$ 205.2 million in 2022 to US$ 485 million in 2029; it is expected to grow at a CAGR of 485 from 2023 to 2029.

Asia-Pacific is the largest market with about 62% market share. North America is follower, accounting for about 26% market share.

The key players are GFBiochemicals, Zibo Changlin Chemical, Hefei TNJ Chemical, Heroy Chemical Industry, Guannan East Chemical etc. GFBiochemicals is the largest manufacturer with about 75% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Levulinic Acid market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Industrial Grade Levulinic Acid
    Pharma Grade Levulinic Acid
    Other Grade Levulinic Acid

Segmentation by application
    Pharmaceuticals
    Cosmetics & Personal Care
    Plasticizers
    Food and Flavors
    Agrochemicals
    Biofuels
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    GFBiochemicals
    Zibo Changlin Chemical
    Hefei TNJ Chemical
    Heroy Chemical Industry
    Guannan East Chemical

Key Questions Addressed in this Report
What is the 10-year outlook for the global Levulinic Acid market?
What factors are driving Levulinic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Levulinic Acid market opportunities vary by end market size?
How does Levulinic Acid break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. Levulinic Acid Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. Levulinic Acid Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of Industrial Grade Levulinic Acid
    Table 4. Major Players of Pharma Grade Levulinic Acid
    Table 5. Major Players of Other Grade Levulinic Acid
    Table 6. Global Levulinic Acid Sales by Type (2018-2023) & (MT)
    Table 7. Global Levulinic Acid Sales Market Share by Type (2018-2023)
    Table 8. Global Levulinic Acid Revenue by Type (2018-2023) & ($ million)
    Table 9. Global Levulinic Acid Revenue Market Share by Type (2018-2023)
    Table 10. Global Levulinic Acid Sale Price by Type (2018-2023) & (USD/Kg)
    Table 11. Global Levulinic Acid Sales by Application (2018-2023) & (MT)
    Table 12. Global Levulinic Acid Sales Market Share by Application (2018-2023)
    Table 13. Global Levulinic Acid Revenue by Application (2018-2023)
    Table 14. Global Levulinic Acid Revenue Market Share by Application (2018-2023)
    Table 15. Global Levulinic Acid Sale Price by Application (2018-2023) & (USD/Kg)
    Table 16. Global Levulinic Acid Sales by Company (2018-2023) & (MT)
    Table 17. Global Levulinic Acid Sales Market Share by Company (2018-2023)
    Table 18. Global Levulinic Acid Revenue by Company (2018-2023) ($ Millions)
    Table 19. Global Levulinic Acid Revenue Market Share by Company (2018-2023)
    Table 20. Global Levulinic Acid Sale Price by Company (2018-2023) & (USD/Kg)
    Table 21. Key Manufacturers Levulinic Acid Producing Area Distribution and Sales Area
    Table 22. Players Levulinic Acid Products Offered
    Table 23. Levulinic Acid Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 24. New Products and Potential Entrants
    Table 25. Mergers & Acquisitions, Expansion
    Table 26. Global Levulinic Acid Sales by Geographic Region (2018-2023) & (MT)
    Table 27. Global Levulinic Acid Sales Market Share Geographic Region (2018-2023)
    Table 28. Global Levulinic Acid Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 29. Global Levulinic Acid Revenue Market Share by Geographic Region (2018-2023)
    Table 30. Global Levulinic Acid Sales by Country/Region (2018-2023) & (MT)
    Table 31. Global Levulinic Acid Sales Market Share by Country/Region (2018-2023)
    Table 32. Global Levulinic Acid Revenue by Country/Region (2018-2023) & ($ millions)
    Table 33. Global Levulinic Acid Revenue Market Share by Country/Region (2018-2023)
    Table 34. Americas Levulinic Acid Sales by Country (2018-2023) & (MT)
    Table 35. Americas Levulinic Acid Sales Market Share by Country (2018-2023)
    Table 36. Americas Levulinic Acid Revenue by Country (2018-2023) & ($ Millions)
    Table 37. Americas Levulinic Acid Revenue Market Share by Country (2018-2023)
    Table 38. Americas Levulinic Acid Sales by Type (2018-2023) & (MT)
    Table 39. Americas Levulinic Acid Sales by Application (2018-2023) & (MT)
    Table 40. APAC Levulinic Acid Sales by Region (2018-2023) & (MT)
    Table 41. APAC Levulinic Acid Sales Market Share by Region (2018-2023)
    Table 42. APAC Levulinic Acid Revenue by Region (2018-2023) & ($ Millions)
    Table 43. APAC Levulinic Acid Revenue Market Share by Region (2018-2023)
    Table 44. APAC Levulinic Acid Sales by Type (2018-2023) & (MT)
    Table 45. APAC Levulinic Acid Sales by Application (2018-2023) & (MT)
    Table 46. Europe Levulinic Acid Sales by Country (2018-2023) & (MT)
    Table 47. Europe Levulinic Acid Sales Market Share by Country (2018-2023)
    Table 48. Europe Levulinic Acid Revenue by Country (2018-2023) & ($ Millions)
    Table 49. Europe Levulinic Acid Revenue Market Share by Country (2018-2023)
    Table 50. Europe Levulinic Acid Sales by Type (2018-2023) & (MT)
    Table 51. Europe Levulinic Acid Sales by Application (2018-2023) & (MT)
    Table 52. Middle East & Africa Levulinic Acid Sales by Country (2018-2023) & (MT)
    Table 53. Middle East & Africa Levulinic Acid Sales Market Share by Country (2018-2023)
    Table 54. Middle East & Africa Levulinic Acid Revenue by Country (2018-2023) & ($ Millions)
    Table 55. Middle East & Africa Levulinic Acid Revenue Market Share by Country (2018-2023)
    Table 56. Middle East & Africa Levulinic Acid Sales by Type (2018-2023) & (MT)
    Table 57. Middle East & Africa Levulinic Acid Sales by Application (2018-2023) & (MT)
    Table 58. Key Market Drivers & Growth Opportunities of Levulinic Acid
    Table 59. Key Market Challenges & Risks of Levulinic Acid
    Table 60. Key Industry Trends of Levulinic Acid
    Table 61. Levulinic Acid Raw Material
    Table 62. Key Suppliers of Raw Materials
    Table 63. Levulinic Acid Distributors List
    Table 64. Levulinic Acid Customer List
    Table 65. Global Levulinic Acid Sales Forecast by Region (2024-2029) & (MT)
    Table 66. Global Levulinic Acid Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 67. Americas Levulinic Acid Sales Forecast by Country (2024-2029) & (MT)
    Table 68. Americas Levulinic Acid Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 69. APAC Levulinic Acid Sales Forecast by Region (2024-2029) & (MT)
    Table 70. APAC Levulinic Acid Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 71. Europe Levulinic Acid Sales Forecast by Country (2024-2029) & (MT)
    Table 72. Europe Levulinic Acid Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 73. Middle East & Africa Levulinic Acid Sales Forecast by Country (2024-2029) & (MT)
    Table 74. Middle East & Africa Levulinic Acid Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 75. Global Levulinic Acid Sales Forecast by Type (2024-2029) & (MT)
    Table 76. Global Levulinic Acid Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 77. Global Levulinic Acid Sales Forecast by Application (2024-2029) & (MT)
    Table 78. Global Levulinic Acid Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 79. GFBiochemicals Basic Information, Levulinic Acid Manufacturing Base, Sales Area and Its Competitors
    Table 80. GFBiochemicals Levulinic Acid Product Portfolios and Specifications
    Table 81. GFBiochemicals Levulinic Acid Sales (MT), Revenue ($ Million), Price (USD/Kg) and Gross Margin (2018-2023)
    Table 82. GFBiochemicals Main Business
    Table 83. GFBiochemicals Latest Developments
    Table 84. Zibo Changlin Chemical Basic Information, Levulinic Acid Manufacturing Base, Sales Area and Its Competitors
    Table 85. Zibo Changlin Chemical Levulinic Acid Product Portfolios and Specifications
    Table 86. Zibo Changlin Chemical Levulinic Acid Sales (MT), Revenue ($ Million), Price (USD/Kg) and Gross Margin (2018-2023)
    Table 87. Zibo Changlin Chemical Main Business
    Table 88. Zibo Changlin Chemical Latest Developments
    Table 89. Hefei TNJ Chemical Basic Information, Levulinic Acid Manufacturing Base, Sales Area and Its Competitors
    Table 90. Hefei TNJ Chemical Levulinic Acid Product Portfolios and Specifications
    Table 91. Hefei TNJ Chemical Levulinic Acid Sales (MT), Revenue ($ Million), Price (USD/Kg) and Gross Margin (2018-2023)
    Table 92. Hefei TNJ Chemical Main Business
    Table 93. Hefei TNJ Chemical Latest Developments
    Table 94. Heroy Chemical Industry Basic Information, Levulinic Acid Manufacturing Base, Sales Area and Its Competitors
    Table 95. Heroy Chemical Industry Levulinic Acid Product Portfolios and Specifications
    Table 96. Heroy Chemical Industry Levulinic Acid Sales (MT), Revenue ($ Million), Price (USD/Kg) and Gross Margin (2018-2023)
    Table 97. Heroy Chemical Industry Main Business
    Table 98. Heroy Chemical Industry Latest Developments
    Table 99. Guannan East Chemical Basic Information, Levulinic Acid Manufacturing Base, Sales Area and Its Competitors
    Table 100. Guannan East Chemical Levulinic Acid Product Portfolios and Specifications
    Table 101. Guannan East Chemical Levulinic Acid Sales (MT), Revenue ($ Million), Price (USD/Kg) and Gross Margin (2018-2023)
    Table 102. Guannan East Chemical Main Business
    Table 103. Guannan East Chemical Latest Developments
List of Figures
    Figure 1. Picture of Levulinic Acid
    Figure 2. Levulinic Acid Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global Levulinic Acid Sales Growth Rate 2018-2029 (MT)
    Figure 7. Global Levulinic Acid Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. Levulinic Acid Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of Industrial Grade Levulinic Acid
    Figure 10. Product Picture of Pharma Grade Levulinic Acid
    Figure 11. Product Picture of Other Grade Levulinic Acid
    Figure 12. Global Levulinic Acid Sales Market Share by Type in 2022
    Figure 13. Global Levulinic Acid Revenue Market Share by Type (2018-2023)
    Figure 14. Levulinic Acid Consumed in Pharmaceuticals
    Figure 15. Global Levulinic Acid Market: Pharmaceuticals (2018-2023) & (MT)
    Figure 16. Levulinic Acid Consumed in Cosmetics & Personal Care
    Figure 17. Global Levulinic Acid Market: Cosmetics & Personal Care (2018-2023) & (MT)
    Figure 18. Levulinic Acid Consumed in Plasticizers
    Figure 19. Global Levulinic Acid Market: Plasticizers (2018-2023) & (MT)
    Figure 20. Levulinic Acid Consumed in Food and Flavors
    Figure 21. Global Levulinic Acid Market: Food and Flavors (2018-2023) & (MT)
    Figure 22. Levulinic Acid Consumed in Agrochemicals
    Figure 23. Global Levulinic Acid Market: Agrochemicals (2018-2023) & (MT)
    Figure 24. Levulinic Acid Consumed in Biofuels
    Figure 25. Global Levulinic Acid Market: Biofuels (2018-2023) & (MT)
    Figure 26. Levulinic Acid Consumed in Others
    Figure 27. Global Levulinic Acid Market: Others (2018-2023) & (MT)
    Figure 28. Global Levulinic Acid Sales Market Share by Application (2022)
    Figure 29. Global Levulinic Acid Revenue Market Share by Application in 2022
    Figure 30. Levulinic Acid Sales Market by Company in 2022 (MT)
    Figure 31. Global Levulinic Acid Sales Market Share by Company in 2022
    Figure 32. Levulinic Acid Revenue Market by Company in 2022 ($ Million)
    Figure 33. Global Levulinic Acid Revenue Market Share by Company in 2022
    Figure 34. Global Levulinic Acid Sales Market Share by Geographic Region (2018-2023)
    Figure 35. Global Levulinic Acid Revenue Market Share by Geographic Region in 2022
    Figure 36. Americas Levulinic Acid Sales 2018-2023 (MT)
    Figure 37. Americas Levulinic Acid Revenue 2018-2023 ($ Millions)
    Figure 38. APAC Levulinic Acid Sales 2018-2023 (MT)
    Figure 39. APAC Levulinic Acid Revenue 2018-2023 ($ Millions)
    Figure 40. Europe Levulinic Acid Sales 2018-2023 (MT)
    Figure 41. Europe Levulinic Acid Revenue 2018-2023 ($ Millions)
    Figure 42. Middle East & Africa Levulinic Acid Sales 2018-2023 (MT)
    Figure 43. Middle East & Africa Levulinic Acid Revenue 2018-2023 ($ Millions)
    Figure 44. Americas Levulinic Acid Sales Market Share by Country in 2022
    Figure 45. Americas Levulinic Acid Revenue Market Share by Country in 2022
    Figure 46. Americas Levulinic Acid Sales Market Share by Type (2018-2023)
    Figure 47. Americas Levulinic Acid Sales Market Share by Application (2018-2023)
    Figure 48. United States Levulinic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 49. Canada Levulinic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 50. Mexico Levulinic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 51. Brazil Levulinic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 52. APAC Levulinic Acid Sales Market Share by Region in 2022
    Figure 53. APAC Levulinic Acid Revenue Market Share by Regions in 2022
    Figure 54. APAC Levulinic Acid Sales Market Share by Type (2018-2023)
    Figure 55. APAC Levulinic Acid Sales Market Share by Application (2018-2023)
    Figure 56. China Levulinic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 57. Japan Levulinic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 58. South Korea Levulinic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 59. Southeast Asia Levulinic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 60. India Levulinic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 61. Australia Levulinic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 62. China Taiwan Levulinic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 63. Europe Levulinic Acid Sales Market Share by Country in 2022
    Figure 64. Europe Levulinic Acid Revenue Market Share by Country in 2022
    Figure 65. Europe Levulinic Acid Sales Market Share by Type (2018-2023)
    Figure 66. Europe Levulinic Acid Sales Market Share by Application (2018-2023)
    Figure 67. Germany Levulinic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 68. France Levulinic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 69. UK Levulinic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 70. Italy Levulinic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 71. Russia Levulinic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 72. Middle East & Africa Levulinic Acid Sales Market Share by Country in 2022
    Figure 73. Middle East & Africa Levulinic Acid Revenue Market Share by Country in 2022
    Figure 74. Middle East & Africa Levulinic Acid Sales Market Share by Type (2018-2023)
    Figure 75. Middle East & Africa Levulinic Acid Sales Market Share by Application (2018-2023)
    Figure 76. Egypt Levulinic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 77. South Africa Levulinic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 78. Israel Levulinic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 79. Turkey Levulinic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 80. GCC Country Levulinic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 81. Manufacturing Cost Structure Analysis of Levulinic Acid in 2022
    Figure 82. Manufacturing Process Analysis of Levulinic Acid
    Figure 83. Industry Chain Structure of Levulinic Acid
    Figure 84. Channels of Distribution
    Figure 85. Global Levulinic Acid Sales Market Forecast by Region (2024-2029)
    Figure 86. Global Levulinic Acid Revenue Market Share Forecast by Region (2024-2029)
    Figure 87. Global Levulinic Acid Sales Market Share Forecast by Type (2024-2029)
    Figure 88. Global Levulinic Acid Revenue Market Share Forecast by Type (2024-2029)
    Figure 89. Global Levulinic Acid Sales Market Share Forecast by Application (2024-2029)
    Figure 90. Global Levulinic Acid Revenue Market Share Forecast by Application (2024-2029)

GFBiochemicals
Zibo Changlin Chemical
Hefei TNJ Chemical
Heroy Chemical Industry
Guannan East Chemical

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape