According to the latest report by IMARC Group, titled “Levulinic Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global levulinic acid market size experienced healthy growth during 2014-2019.Levulinic, or crystalline keto acid, is an organic compound that is found in white crystalline solid form and is soluble in ethanol, diethyl ether, and water. It is obtained from levulose, insulin, or starch by boiling them with dilute hydrochloric or sulfuric acid.
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