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PUBLISHER: IMARC | PRODUCT CODE: 1792500
PUBLISHER: IMARC | PRODUCT CODE: 1792500
Levulinic Acid Market Report by Technology (Acid Hydrolysis, Biofine), End-Use Industry (Agriculture Industry, Pharmaceutical Industry, Food Industry, Cosmetics Industry, and Others), Form (Liquid, Solid), and Region 2025-2033
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PAGES: 137 Pages
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The global levulinic acid market size reached USD 29.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 42.6 Billion by 2033, exhibiting a growth rate (CAGR) of 3.9% during 2025-2033.
Levulinic acid is an organic compound that is used to maintain the acidic balance of various pharmaceuticals, agrochemicals and solvents. It is also utilized for the manufacturing of personal care products, food additives, resins, coatings, fuel additives and biofuels. The acid is generally available in the form of white crystalline solid and is soluble in ethanol, diethyl ether and water. It is commercially produced by hydrolyzing acetyl succinate esters, ozone-based oxidation of ketones and acidic hydrolysis of furfuryl alcohol. It finds extensive applications across the pharmaceutical, cosmetic, agrochemical and food and beverage industries.
The growing agriculture and biofuel industries are among the key factors driving the growth of the market. Levulinic acid is increasingly being utilized in solvents, pesticides, fertilizers and herbicides as a green alternative to sulfuric acid. Furthermore, the increasing product adoption rate as a substitute for phthalate plasticizers in the manufacturing of polyvinyl chloride (PVC) products is another major growth-inducing factor. In comparison to phthalate plasticizers, levulinic acid is considered to be relatively less lethal for consumers. Additionally, the growing utilization of levulinic acid in the production of nylons and rubbers is positively impacting the market. Apart from this, the sodium salt of levulinic acid is also used as a preservative and a skin conditioning agent in personal care products and cosmetics. Other factors, including the flourishing construction and automotive industries, along with the increasing R&D activities in the field of chemistry and biotechnology, rapid industrialization and urbanization across the emerging nations, are projected to drive the market further.
Key Market Segmentation:
Breakup by Technology:
- Acid Hydrolysis
- Biofine
Breakup by End-Use Industry:
- Agriculture Industry
- Pharmaceutical Industry
- Food Industry
- Cosmetics Industry
- Others
Breakup by Form:
- Liquid
- Solid
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Avantium Chemicals B.V., Biofine International Inc., Dupont De Nemours Inc., GFBiochemicals, Great Chemical Co. Ltd., Hefei TNJ Chemical Industry Co. Ltd., Langfang Triple Well Chemicals Co. Ltd., Sigma-Aldrich Corporation, Simagchem Corporation and Tokyo Chemical Industry Co. Ltd., etc.
Key Questions Answered in This Report
- 1.What was the size of the global levulinic acid market in 2024?
- 2.What is the expected growth rate of the global levulinic acid market during 2025-2033?
- 3.What are the key factors driving the global levulinic acid market?
- 4.What has been the impact of COVID-19 on the global levulinic acid market?
- 5.What is the breakup of the global levulinic acid market based on the technology?
- 6.What is the breakup of the global levulinic acid market based on the end use industry?
- 7.What is the breakup of the global levulinic acid market based on the form?
- 8.What are the key regions in the global levulinic acid market?
- 9.Who are the key players/companies in the global levulinic acid market?
Product Code: SR112025A1977
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Levulinic Acid Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Technology
- 6.1 Acid Hydrolysis
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Biofine
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by End-Use Industry
- 7.1 Agriculture Industry
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Pharmaceutical Industry
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Food Industry
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Cosmetics Industry
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Form
- 8.1 Liquid
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Solid
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Indicators
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Avantium Chemicals B.V.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Biofine International Inc
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Dupont De Nemours, Inc.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 GFBiochemicals
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Great Chemical Co. Ltd
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Hefei TNJ Chemical Industry Co. Ltd.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Langfang Triple Well Chemicals Co. Ltd.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Sigma-Aldrich Corporation
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Simagchem Corporation
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Tokyo Chemical Industry Co. Ltd.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.1 Avantium Chemicals B.V.
Product Code: SR112025A1977
List of Figures
- Figure 1: Global: Levulinic Acid Market: Major Drivers and Challenges
- Figure 2: Global: Levulinic Acid Market: Sales Value (in Billion USD), 2019-2024
- Figure 3: Global: Levulinic Acid Market: Breakup by Technology (in %), 2024
- Figure 4: Global: Levulinic Acid Market: Breakup by End-Use Industry (in %), 2024
- Figure 5: Global: Levulinic Acid Market: Breakup by Form (in %), 2024
- Figure 6: Global: Levulinic Acid Market: Breakup by Region (in %), 2024
- Figure 7: Global: Levulinic Acid Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 8: Global: Levulinic Acid (Acid Hydrolysis) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 9: Global: Levulinic Acid (Acid Hydrolysis) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 10: Global: Levulinic Acid (Biofine) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 11: Global: Levulinic Acid (Biofine) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 12: Global: Levulinic Acid (Agriculture Industry) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 13: Global: Levulinic Acid (Agriculture Industry) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 14: Global: Levulinic Acid (Pharmaceutical Industry) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 15: Global: Levulinic Acid (Pharmaceutical Industry) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 16: Global: Levulinic Acid (Food Industry) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 17: Global: Levulinic Acid (Food Industry) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 18: Global: Levulinic Acid (Cosmetics Industry) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 19: Global: Levulinic Acid (Cosmetics Industry) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 20: Global: Levulinic Acid (Other End-Use Industries) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 21: Global: Levulinic Acid (Other End-Use Industries) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 22: Global: Levulinic Acid (Liquid) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 23: Global: Levulinic Acid (Liquid) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 24: Global: Levulinic Acid (Solid) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 25: Global: Levulinic Acid (Solid) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 26: North America: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 27: North America: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 28: United States: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 29: United States: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 30: Canada: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 31: Canada: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 32: Asia Pacific: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 33: Asia Pacific: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 34: China: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 35: China: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 36: Japan: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 37: Japan: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 38: India: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 39: India: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 40: South Korea: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 41: South Korea: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 42: Australia: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 43: Australia: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 44: Indonesia: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 45: Indonesia: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 46: Others: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 47: Others: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 48: Europe: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 49: Europe: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 50: Germany: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 51: Germany: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 52: France: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 53: France: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 54: United Kingdom: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 55: United Kingdom: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 56: Italy: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 57: Italy: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 58: Spain: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 59: Spain: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 60: Russia: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 61: Russia: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 62: Others: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 63: Others: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 64: Latin America: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 65: Latin America: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 66: Brazil: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 67: Brazil: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 68: Mexico: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 69: Mexico: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 70: Others: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 71: Others: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 72: Middle East and Africa: Levulinic Acid Market: Sales Value (in Million USD), 2019 & 2024
- Figure 73: Middle East and Africa: Levulinic Acid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 74: Global: Levulinic Acid Industry: SWOT Analysis
- Figure 75: Global: Levulinic Acid Industry: Value Chain Analysis
- Figure 76: Global: Levulinic Acid Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Levulinic Acid Market: Key Industry Highlights, 2024 and 2033
- Table 2: Global: Levulinic Acid Market Forecast: Breakup by Technology (in Million USD), 2025-2033
- Table 3: Global: Levulinic Acid Market Forecast: Breakup by End-Use Industry (in Million USD), 2025-2033
- Table 4: Global: Levulinic Acid Market Forecast: Breakup by Form (in Million USD), 2025-2033
- Table 5: Global: Levulinic Acid Market Forecast: Breakup by Region (in Million USD), 2025-2033
- Table 6: Global: Levulinic Acid Market: Competitive Structure
- Table 7: Global: Levulinic Acid Market: Key Players
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