openPR Logo
Press release

Bio-Based Levulinic Acid Market : Recent Industry Trends and Projected Industry Growth

11-19-2018 04:38 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Bio-Based Levulinic Acid Market : Recent Industry Trends

New molecules developed by Segetis, in Minnesota based on esters of levulinic acid made from using bio based hydroxyl compounds and corn cobs are known as levulinic ketals. These can be used to produce a series of products such as plasticizers, polyols for polyurethane foams and solvents.

Segetis are constructing a new toll manufacturing plant for their new ketals chemistry in the Midwest and the construction of which was expected to be completed by the end of 2011. Products entering the market would start with solvents. While polyols is expected to be the last to enter in the market because of significant functional testing required. At present China is the supplier of the levulinic acid from the company but later it may use residue of wood as a feedstock.

Request to Browse Report Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-227

The potential outcome by the development of bio based levulinic acid could be the replacement of the phthalate plasticizers which is used to make Polyvinyl chloride (PVC) which is the most widely produce plastic and other plastics flexible. The company is also working directly to replace the phthalate which concerns about exposure to children. The major advantages of ketal monomers are that they attach to the PVC molecule firmly and are of natural origins.

Major opportunity for the market can be obtain from the manufacture of polyols which combines with iscoyanates to produce polyurethane. The polyols which are made from bio based levulinic acid will have rigidity which in turn will help to reduce the level of iscoyanates while obtaining polyurethane having similar properties and the monomers will play the role of the performer. The cost of polyols produce by the company will be same as made from petroleum resources. But it is expected that it will help to improve the economics for formulators due to less use of iscoyanates. The major advantage for the ketals chemistry is from its total cost.

Request to View TOC @ https://www.futuremarketinsights.com/toc/rep-gb-227

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Bio-Based Levulinic Acid Market : Recent Industry Trends and Projected Industry Growth here

News-ID: 1382753 • Views:

More Releases from Future Market Insights

AI in IoT Market Set to Reach USD 172.8 Billion by 2035 with 6.4% CAGR Amid Rising Digital Transformation
AI in IoT Market Set to Reach USD 172.8 Billion by 2035 with 6.4% CAGR Amid Risi …
The AI in IoT market is witnessing rapid expansion as enterprises across industries increasingly integrate artificial intelligence with Internet of Things (IoT) systems. Valued at USD 92.9 billion in 2025, the market is projected to reach USD 172.8 billion by 2035, representing a compound annual growth rate of 6.4%. The integration of AI into IoT infrastructure enables predictive analytics, real-time monitoring, and automated control across multiple applications, transforming how businesses
Catalog Management System Market Poised to Reach USD 4.2 Billion by 2035 with Advanced Technology Integration
Catalog Management System Market Poised to Reach USD 4.2 Billion by 2035 with Ad …
The catalog management system (CMS) market is experiencing steady and strategic growth, with its value projected to rise from USD 1.9 billion in 2025 to USD 4.2 billion by 2035, reflecting a compound annual growth rate (CAGR) of 8.1%. The market expansion is primarily fueled by businesses' growing need for centralized product information, streamlined digital operations, and enhanced customer experiences across increasingly complex sales channels. As e-commerce continues to penetrate global
HIFI Electronics Market Set to Double by 2035, Driven by Premium Audio and Technological Innovation
HIFI Electronics Market Set to Double by 2035, Driven by Premium Audio and Techn …
The global HIFI electronics market is poised for remarkable growth over the next decade, projected to expand from USD 17,243.4 million in 2025 to USD 37,227.2 million by 2035. This impressive growth trajectory, representing an absolute increase of nearly USD 19,983.8 million and a compound annual growth rate (CAGR) of 8%, reflects the rising global appetite for premium audio experiences and high-fidelity sound reproduction across personal and professional applications. The expansion
Interrogation Table Market to Reach USD 435.7 Million by 2035, Driven by Security Infrastructure Expansion
Interrogation Table Market to Reach USD 435.7 Million by 2035, Driven by Securit …
The global interrogation table market, valued at USD 321.1 million in 2025, is set to grow steadily to USD 435.7 million by 2035, registering a moderate CAGR of 3.1%. This trajectory reflects a market gradually approaching maturity, where incremental demand for specialized security furniture outweighs rapid expansion. The early stage from 2025 to 2028 is expected to see modest increases in annual revenues, primarily linked to new infrastructure development across

All 5 Releases


More Releases for Segetis

2029 Levulinic Acid Market: Global Size, Share, Demand and Ongoing Industry Tren …
Comprehensive Insights: Global Levulinic Acid Market Report, 2024-29 MarkNtel Advisors, a prominent market research firm, has recently published a report titled "Global Levulinic Acid Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2029." This comprehensive study explores into the industry, offering an in-depth examination of the Levulinic Acid market, encompassing research findings, size, market share, trends, and growth projections. Furthermore, the report encompasses competitor and regional analyses, spotlighting the most recent developments
Levulinic Acid Market to reach US$ 41.2 Mn by 2027
Albany, NY - Levulinic Acid Market: Introduction The levulinic acid market was valued at ~US$ 26.2 Mn in 2018 and is anticipated to expand at a CAGR of ~5% from 2019 to 2027. The Asia Pacific led the global agrochemical industry, accounting for approximately 30% share in 2018. Countries in Asia, such as South Korea, China, Japan, and Vietnam, are applying herbicides in large amounts onto short-term as well as perennial
Bio-Based Levulinic Acid Market: Market Intelligence and Market Trends
New molecules developed by Segetis, in Minnesota based on esters of levulinic acid made from using bio based hydroxyl compounds and corn cobs are known as levulinic ketals. These can be used to produce a series of products such as plasticizers, polyols for polyurethane foams and solvents. Segetis are constructing a new toll manufacturing plant for their new ketals chemistry in the Midwest and the construction of which was expected to
Prosperity of Industrialization to Drive Bio-Based Levulinic Acid Market During …
New molecules developed by Segetis, in Minnesota based on esters of levulinic acid made from using bio based hydroxyl compounds and corn cobs are known as levulinic ketals. These can be used to produce a series of products such as plasticizers, polyols for polyurethane foams and solvents. Get Full Report Now @ https://www.futuremarketinsights.com/reports/bio-based-levulinic-acid-market Segetis are constructing a new toll manufacturing plant for their new ketals chemistry in the Midwest and the construction
Recent research: Bio-Based Levulinic Acid Market detailed analytical overview by …
New molecules developed by Segetis, in Minnesota based on esters of levulinic acid made from using bio based hydroxyl compounds and corn cobs are known as levulinic ketals. These can be used to produce a series of products such as plasticizers, polyols for polyurethane foams and solvents. Request For Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-227 Segetis are constructing a new toll manufacturing plant for their new ketals chemistry in the Midwest and the construction of
Global Polyamide Intermediate Chemicals Market 2017 - BASF SE, DuPont, DSM, Sege …
The Polyamide Intermediate Chemicals Market 2017 Research Report investigates a thorough and complete study on Polyamide Intermediate Chemicals industry volume, market Share, market Trends, Polyamide Intermediate Chemicals Growth aspects, wide range of applications, Utilization ratio, Supply and demand analysis, manufacturing capacity, Price durinf Forecast period from 2017 to 2022 The research report labeled Global Polyamide Intermediate Chemicals Market 2017 presents the penetrating study of Polyamide Intermediate Chemicals market globally, concentrating on