Global Levulinic Acid Market 2022-2026

Global Levulinic Acid Market 2022-2026

Technavio has been monitoring the levulinic acid market and it is poised to grow by 3436.9 tons during 2022-2026, accelerating at a CAGR of 7.68% during the forecast period. Our report on the levulinic acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing preference for levulinic acid over petroleum-based chemicals, various applications of levulinic acid and its derivatives, and strategic initiatives of market vendors.

The levulinic acid market analysis includes the end-user segment and geographic landscape.

Technavio's levulinic acid market is segmented as below:

By End-user

  • Agriculture
  • Pharmaceuticals
  • Food and beverage
  • Cosmetics
  • Others
By Geographical Landscape
  • North America
  • Europe
  • APAC
  • South America
  • The Middle East and Africa
This study identifies the production of green transportation fuels from biomass as one of the prime reasons driving the levulinic acid market growth during the next few years. Also, consumer demand for synthetic chemical-free cosmetic products and growing demand for bio-based additives in the agricultural industry will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the levulinic acid market covers the following areas:
  • Levulinic acid market sizing
  • Levulinic acid market forecast
  • Levulinic acid market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position. In line with this, this report provides a detailed analysis of several leading levulinic acid market vendors that include Advanced Biotech, Augustus Oils Ltd., Agrochemicals, BEIJING LYS CHEMICALS Co. Ltd., Charkit Chemical Co. LLC., De Monchy Aromatics Ltd., GFBiochemicals Ltd., Hefei TNJ Chemical Industry Co. Ltd., Merck and Co. Inc., Otto Chemie Pvt. Ltd., RXChemicals, Shanghai M and U International Trade Co. Ltd., Simagchem Corp., Synerzine Inc., The Sherwin Williams Co., Tokyo Chemical Industry Co. Ltd., and Vigon International Inc. Also, the levulinic acid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Chart on Market Overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Chart on Global Market Characteristics
      • Table Executive Summary - Chart on Market by Geography
      • Table Executive Summary - Chart on Market Segmentation by End-user
      • Table Executive Summary - Chart on Incremental Growth
      • Table Executive Summary - Data Table on Incremental Growth
      • Table Executive Summary - Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2021
    • Market outlook: Forecast for 2021-2026
      • Table Chart on Global - Market size and forecast 2021-2026 (t)
      • Table Data Table on Global - Market size and forecast 2021-2026 (t)
      • Table Chart on Global Market- Year-over-year growth 2021-2026 (%)
      • Table Data Table on Global Market- Year-over-year growth 2021-2026 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2021 and 2026
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers - Impact of key factors in 2021 and 2026
    • Threat of new entrants
      • Table Threat of new entrants - Impact of key factors in 2021 and 2026
    • Threat of substitutes
      • Table Threat of substitutes - Impact of key factors in 2021 and 2026
    • Threat of rivalry
      • Table Threat of rivalry - Impact of key factors in 2021 and 2026
    • Market condition
      • Table Chart on Market condition - Five forces 2021 and 2026
  • Market Segmentation by End-user
    • Market segments
      • Table Chart on End-user - Market share 2021-2026 (%)
      • Table Data Table on End-user - Market share 2021-2026 (%)
    • Comparison by End-user
      • Table Chart on Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Agriculture - Market size and forecast 2021-2026
      • Table Chart on Agriculture - Market size and forecast 2021-2026 (t)
      • Table Data Table on Agriculture - Market size and forecast 2021-2026 (t)
      • Table Chart on Agriculture - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Agriculture - Year-over-year growth 2021-2026 (%)
    • Pharmaceuticals - Market size and forecast 2021-2026
      • Table Chart on Pharmaceuticals - Market size and forecast 2021-2026 (t)
      • Table Data Table on Pharmaceuticals - Market size and forecast 2021-2026 (t)
      • Table Chart on Pharmaceuticals - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Pharmaceuticals - Year-over-year growth 2021-2026 (%)
    • Food and beverage - Market size and forecast 2021-2026
      • Table Chart on Food and beverage - Market size and forecast 2021-2026 (t)
      • Table Data Table on Food and beverage - Market size and forecast 2021-2026 (t)
      • Table Chart on Food and beverage - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Food and beverage - Year-over-year growth 2021-2026 (%)
    • Cosmetics - Market size and forecast 2021-2026
      • Table Chart on Cosmetics - Market size and forecast 2021-2026 (t)
      • Table Data Table on Cosmetics - Market size and forecast 2021-2026 (t)
      • Table Chart on Cosmetics - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Cosmetics - Year-over-year growth 2021-2026 (%)
    • Others - Market size and forecast 2021-2026
      • Table Chart on Others - Market size and forecast 2021-2026 (t)
      • Table Data Table on Others - Market size and forecast 2021-2026 (t)
      • Table Chart on Others - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Others - Year-over-year growth 2021-2026 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user (t)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2021-2026 (%)
      • Table Data Table on Market share by geography 2021-2026 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2021-2026
      • Table Chart on North America - Market size and forecast 2021-2026 (t)
      • Table Data Table on North America - Market size and forecast 2021-2026 (t)
      • Table Chart on North America - Year-over-year growth 2021-2026 (%)
      • Table Data Table on North America - Year-over-year growth 2021-2026 (%)
    • Europe - Market size and forecast 2021-2026
      • Table Chart on Europe - Market size and forecast 2021-2026 (t)
      • Table Data Table on Europe - Market size and forecast 2021-2026 (t)
      • Table Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • APAC - Market size and forecast 2021-2026
      • Table Chart on APAC - Market size and forecast 2021-2026 (t)
      • Table Data Table on APAC - Market size and forecast 2021-2026 (t)
      • Table Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Table Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • South America - Market size and forecast 2021-2026
      • Table Chart on South America - Market size and forecast 2021-2026 (t)
      • Table Data Table on South America - Market size and forecast 2021-2026 (t)
      • Table Chart on South America - Year-over-year growth 2021-2026 (%)
      • Table Data Table on South America - Year-over-year growth 2021-2026 (%)
    • Middle East and Africa - Market size and forecast 2021- 2026
      • Table Chart on Middle East and Africa - Market size and forecast 2021-2026 (t)
      • Table Data Table on Middle East and Africa - Market size and forecast 2021-2026 (t)
      • Table Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • US - Market size and forecast 2021-2026
      • Table Chart on US - Market size and forecast 2021-2026 (t)
      • Table Data Table on US - Market size and forecast 2021-2026 (t)
      • Table Chart on US - Year-over-year growth 2021-2026 (%)
      • Table Data Table on US - Year-over-year growth 2021-2026 (%)
    • China - Market size and forecast 2021-2026
      • Table Chart on China - Market size and forecast 2021-2026 (t)
      • Table Data Table on China - Market size and forecast 2021-2026 (t)
      • Table Chart on China - Year-over-year growth 2021-2026 (%)
      • Table Data Table on China - Year-over-year growth 2021-2026 (%)
    • Germany - Market size and forecast 2021-2026
      • Table Chart on Germany - Market size and forecast 2021-2026 (t)
      • Table Data Table on Germany - Market size and forecast 2021-2026 (t)
      • Table Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • Italy - Market size and forecast 2021-2026
      • Table Chart on Italy - Market size and forecast 2021-2026 (t)
      • Table Data Table on Italy - Market size and forecast 2021-2026 (t)
      • Table Chart on Italy - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Italy - Year-over-year growth 2021-2026 (%)
    • Canada - Market size and forecast 2021-2026
      • Table Chart on Canada - Market size and forecast 2021-2026 (t)
      • Table Data Table on Canada - Market size and forecast 2021-2026 (t)
      • Table Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • France - Market size and forecast 2021-2026
      • Table Chart on France - Market size and forecast 2021-2026 (t)
      • Table Data Table on France - Market size and forecast 2021-2026 (t)
      • Table Chart on France - Year-over-year growth 2021-2026 (%)
      • Table Data Table on France - Year-over-year growth 2021-2026 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography (t)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Growing preference for levulinic acid over petroleum-based chemicals
      • Various applications of levulinic acid and its derivatives
      • Strategic initiatives of market vendors
    • Market challenges
      • Stringent regulations relating to the ingredients used in personal care products
      • High production cost of levulinic acid
      • Slow technological development in line with the high market demand
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2021 and 2026
    • Market trends
      • The production of green transportation fuels from biomass
      • Consumer demand for synthetic chemical-free cosmetic products
      • Growing demand for bio-based additives in the agricultural industry
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Advanced Biotech
      • Table Advanced Biotech - Overview
      • Table Advanced Biotech - Product / Service
      • Table Advanced Biotech - Key offerings
    • Augustus Oils Ltd.
      • Table Augustus Oils Ltd. - Overview
      • Table Augustus Oils Ltd. - Product / Service
      • Table Augustus Oils Ltd. - Key offerings
    • Aurochemicals
      • Table Aurochemicals - Overview
      • Table Aurochemicals - Product / Service
      • Table Aurochemicals - Key offerings
    • BEIJING LYS CHEMICALS Co. Ltd.
      • Table BEIJING LYS CHEMICALS Co. Ltd. - Overview
      • Table BEIJING LYS CHEMICALS Co. Ltd. - Product / Service
      • Table BEIJING LYS CHEMICALS Co. Ltd. - Key offerings
    • Charkit Chemical Co. LLC.
      • Table Charkit Chemical Co. LLC. - Overview
      • Table Charkit Chemical Co. LLC. - Product / Service
      • Table Charkit Chemical Co. LLC. - Key offerings
    • GFBiochemicals Ltd.
      • Table GFBiochemicals Ltd. - Overview
      • Table GFBiochemicals Ltd. - Product / Service
      • Table GFBiochemicals Ltd. - Key offerings
    • Hefei TNJ Chemical Industry Co. Ltd.
      • Table Hefei TNJ Chemical Industry Co. Ltd. - Overview
      • Table Hefei TNJ Chemical Industry Co. Ltd. - Product / Service
      • Table Hefei TNJ Chemical Industry Co. Ltd. - Key offerings
    • Merck and Co. Inc.
      • Table Merck and Co. Inc. - Overview
      • Table Merck and Co. Inc. - Business segments
      • Table Merck and Co. Inc. - Key news
      • Table Merck and Co. Inc. - Key offerings
      • Table Merck and Co. Inc. - Segment focus
    • Simagchem Corp.
      • Table Simagchem Corp. - Overview
      • Table Simagchem Corp. - Product / Service
      • Table Simagchem Corp. - Key offerings
    • The Sherwin Williams Co.
      • Table The Sherwin Williams Co. - Overview
      • Table The Sherwin Williams Co. - Business segments
      • Table The Sherwin Williams Co. - Key news
      • Table The Sherwin Williams Co. - Key offerings
      • Table The Sherwin Williams Co. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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