Levulinic Acid Market Increasing at a CAGR of 14.0% Sep 2016 | Page 3
Levulinic Acid Market: Global
Forecasts to 2021
The levulinic acid market in Europe is projected to grow at the highest CAGR during the
forecast period
The Europe levulinic acid market is anticipated to grow at the highest CAGR between 2016
and 2021. This growth can be attributed to the increasing demand for levulinic acid by
industries, such as plasticizers, pharmaceuticals, and cosmetics. Germany is anticipated to
lead the Europe levulinic acid market, in terms of consumption, during the forecast period.
Breakdown Of Profile Of Primary Participants:
By Company Type: Tier 1 –37 %, Tier 2 - 13%, and Tier 3 - 50%
By Designation: C Level - 50%, Director Level - 31%, and Others - 19%
By Region: North America - 44%, Europe- 31%, Asia-Pacific- 19%, and Rest of the World6%
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