Ethyl Levulinate Market Size, Opportunities, Key Growth Factors, Revenue Analysis, For 2022–2028
Reports
and Data estimates the global Ethyl Levulinate competitive landscape is highly
fragmented with numerous players operating on a global and regional scale. The
key companies in the market are engaged in mergers and acquisitions, joint
ventures, collaborations, and product launches to gain a robust revenue growth
over the forecast period. The report considers 2020-2021 as historic years,
2020 as the base year, and 2022-2028 as the forecast period. The report offers
CAGR and market size for the global Ethyl Levulinate during the forecast
period.
The
report also offers key insights about the top companies operating in the market
and their market share and global position along with product portfolio and
advancements. The top companies in the market include Oakwood
Products Inc., Indukern Flavor & Fragrance Ingredients Division, Tokyo
Industry Co., Ltd., Alfa Aesar, CTC Organics, Sigma-Aldrich Corporation,
Ventos, M&U International, Lluch Essence S.L, Vigon International, Penta
Manufacturing Company, Perfumer’s World Ltd., Fleurchem Inc., Elan Incorporated,
Berje, Inc., Bedoukian Research, and Advanced Biotech Inc.
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Ethyl
Levulinate Overview :-
The
global ethyl levulinate market size reached a significantly large value in 2020
and is expected to register a double-digit revenue CAGR over the forecast
period. A major factor driving market revenue growth is increasing research and
development activities to develop potential ethyl levulinate applications.
Rapidly
growing fragrance and food industries is another factor resulting in rising
demand for ethyl levunlinate, which in turn is expected to drive global market
growth. Ethyl levulinate is derived from the esterification of ethanol with
levulinic acid, which is a versatile building block for various chemical
manufacturing, and provides a perfect counterbalance and deepens the taste.
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Type Outlook (Revenue, USD
Billion; 2018 – 2028)
·
Food Grade
·
Industrial Grade
Application Outlook (Revenue,
USD Billion; 2018 – 2028)
·
Food Additives
·
Fragrances
·
Pharmaceutical Intermediates
·
Diesel & Biodiesel
·
Others
Key Regional Markets Covered
in the Report:
·
North America (U.S.A., Canada,
Mexico)
·
Europe (Italy, U.K., Germany,
France, Rest of Europe)
·
Asia Pacific (India, China,
Japan, South Korea, Australia, Rest of Asia Pacific)
·
Latin America (Chile, Brazil,
Argentina, Peru, Rest of Latin America)
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Key
Questions answered by the Report:
·
What
is the expected year-on-year growth of the Ethyl Levulinate during the forecast
period?
·
What
key trends are expected influence revenue growth of the market going ahead?
·
Which
region is expected to account for largest revenue share over the forecast
period?
·
Which
key companies are profiled in the report?
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for reading our report. For more details on customization, please connect with
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needs.
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