Global 4-Oxopentanoic Acid Market, 2014-2024: By Product Type (Industrial Grade, Pharma Grade, and Others), and by application (Pharmaceuticals, Cosmetics & Personal Care, Plasticizers, Food & Flavors, Agrochemicals, Biofuels, and Others)
|4-Oxo戊烷酸 (乙醯丙酸)的全球市場:2014年∼2024年 Global 4-Oxopentanoic Acid Market, 2014-2024: By Product Type (Industrial Grade, Pharma Grade, and Others), and by application (Pharmaceuticals, Cosmetics & Personal Care, Plasticizers, Food & Flavors, Agrochemicals, Biofuels, and Others)|
|出版日期: 2020年07月01日||內容資訊: 英文||
本報告提供全球4-Oxo戊烷酸 (乙醯丙酸) 市場相關調查分析，提供市場概要，各市場區隔的市場分析，各地區的市場分析，競爭情形等相關的系統性資訊。
4-oxopentanoic acid is an organic compound also known as levulinic acid. It is an oxopentanoic acid with the oxo group in the 4-position. Its chemical formula is CH3C(O)CH2CH2CO2H and classified under keto acid. It is derived from degradation of cellulose and is a potential precursor to biofuels, such as ethyl levulinate. This white crystalline solid is soluble in water, polar organic solvents and oil. Its boiling point is 245.5 °C and melting point is 33.0 °C. The original synthesis of levulinic acid is done by heating hexoses (glucose, fructose) or starch in dilute hydrochloric acid or sulfuric acid. The yield depends on the nature of the acid, acid concentration, temperature and pressure. Levulinic acid esters and ketals are widely used in various applications because of its broad solvency power, high coupling ability, low volatility, high safety profile, and biodegradability.
4-oxopentanoic acid can be categories into industrial grade, pharma grade and others. Based on the application 4-oxopentanoic acid categories into pharmaceuticals, cosmetics & personal care, plasticizers, food & flavors, agrochemicals, biofuels, and others. In industry it is used as intermediate. The industrial applications are synthetic rubber manufacturing, plastic material, and resin manufacturing. 4-oxopentanoic acid is used in cosmetics & personal care for skin conditioning purpose. In pharmacology it is used as enzyme inhibitors. The compounds or agents that combine with an enzyme in such a manner as to prevent the normal substrate-enzyme combination and the catalytic reaction. It is used as food additive and flavoring agent. The largest application of 4-oxopentanoic acid is its use in the production of aminolevulinic acid, a biodegradable herbicide used. 4-oxopentanoic acid is used in cigarettes to increase nicotine delivery in smoke and binding of nicotine to neural receptors. It is used as contaminants or byproducts in drinking water, such as drugs, pesticides, and radionuclides. It can be used in food contact Includes food packaging, paper plates, cutlery, small appliances such as roasters, etc. In other sectors such as industrial or home cleaning, levulinates deliver excellent degreasing/stain removal, are hugely efficient in removing paint, ink or adhesive and offer stable to concentrated formulations without clouding.
The global 4-oxopentanoic acid research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global 4-oxopentanoic acid market is growing at a fast pace and increasing its geographical footprint rapidly. The global 4-oxopentanoic acid market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.
The growth is comparatively higher in APAC region due rising use of personal care products and rising production of aminolevulinic acid. The major growth driver for 4-oxopentanoic acid market is rising demand for organic skin care products. Also, rising use of plastics in consumer product is expected to drive the growth of 4-oxopentanoic acid market globally. Due to creamy whiskey-like odor it's widely used for creating caramel, butterscotch and maple flavors is expected to drive the growth of 4-oxopentanoic acid market globally. In addition, growing awareness of 4-oxopentanoic acid with variety of application including organic pesticides based on delta-amino levulinic acid (DALA), anti-inflammatory medication, is expected to drive the growth of 4-oxopentanoic acid market globally.
4-oxopentanoic acid is relatively nontoxic.The raw materials price volatility is the major impediments to the global 4-oxopentanoic acid market growth.
4-oxopentanoic acid enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and South America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of 4-oxopentanoic acid market globally. The companies that lead global market are GFBiochemicals, Zibo Changlin Chemical, Guannan East Chemical, Zibo Shuangyu, and Zibo Huaao.
The research process includes the market segmentation of the global 4-oxopentanoic acid market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global 4-oxopentanoic acid market industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below: