Published By: Syndicate Market Research
Levulinic Acid Market – Global Industry Perspective,
Comprehensive Analysis and Forecast, 2014 – 2020
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Levulinic Acid Market
Levulinic acid is also known as 4-oxopentanoic acid. It is an organic compound classified as a keto acid.
Molecular formula of Levulinic acid is C5H8O3. Levulinic acid is a white crystalline solid. It is soluble in
water, polar organic solvents, diethyl ether and ethanol, and insoluble in aliphatic hydrocarbons. Levulinic
acid is relatively nontoxic, with an LD50 of 1850 mg/kg. Levulinic acid is used as a precursor for
plasticizers, pharmaceuticals, and other additives. Levulinic acid can be produced by high temperature
acid hydrolysis of carbohydrates, such as glucose, galactose, sucrose, fructose, chitose and agricultural
wastes. Levulinic acid offers several derivatives, such as Methyltetrahydrofuran (MTHF),
Gammavalerolactone (GVL), D-amino levulinic acid (DALA), Methyl Butanediol (MeBDO), Diphenolic
Acid (DPA) and so on.
The global Levulinic Acid Market is mainly driven by strong demand from agriculture industry.
Pharmaceutical is also one of the key diving factors for the levulinic acid. Strong demand from
Pharmaceutical is another key factor which contributes to drive the growth for levulinic acid market in the
years to come. Furthermore, growing research and development advancements, levulinic acid is used as
food additives, biofuel production, pharmaceutical manufacturing, and pesticides among others.
Browse the full "Levulinic Acid Market – Global Industry Perspective, Comprehensive Analysis
and Forecast, 2014 – 2020" report at http://www.syndicatemarketresearch.com/marketanalysis/levulinic-acid-market.html