The ongoing depletion of fossil resources and the absence of substitutes for the substances made from oil have increased the demand for levulinic acid. A rising number of compounds, like levulinic acid and bioethanol, are being utilized to produce alternative fuels from biomass, which is also reducing the world's dependency on oil.

Levulinic acid is an organic substance that results from the breakdown of cellulose. It is made from manure, brewery waste, and biomass waste and is known as a keto acid. Levulinic acid is seen as a substitute for goods derived from petroleum. The levulinic acid market is predicted to hit $61.04 million by 2030.

Levulinic acid is also created by the oxidation of ketones and the acidic hydrolysis of furfuryl alcohol. With the expansion of research and development efforts across several chemical sectors, levulinic acid which is derived from biological sources is becoming more developed.

According to the U.S. Food and Drug Administration, levulinic acid and its salts are extensively utilized in cosmetic and personal care products because they are water-soluble.

Precursors for medicines, plasticizers, and a variety of other additives include levulinic acid. Levulinic acid is most commonly used to create aminolevulinic acid, a biodegradable herbicide used in South Asia. The usage of levulinic acid in cosmetics is another significant use. Levulinic acid's major derivative, ethyl levulinate, is widely utilized in perfumes and fragrances.

Levulinic acid may be made using a variety of techniques. Levulinic acid was formerly produced using expensive methods with a relatively low yield.  Levulinic acid may now be produced using biomass thanks to the development of the Biofine manufacturing method, and the yield it produces is also substantially higher than that of conventional processes.

Moreover, levulinic acid manufacturing is supported by government initiatives as a result of growing environmental concerns and efficient economic growth.

These regulations frequently represent the nation's goals and comparative advantage initiatives. By encouraging public procurement, employment creation, and the move from the linear to the circular economy, it seeks to advance the bioeconomy.

Levulinic acid is an organic substance that is steadily displacing petroleum-based goods in a variety of industries, including chemical and biofuel. To increase the nicotine content of cigarettes, acid is also used. Levulinic acid need is expected to expand in new ways as a result of increased investment in research and development of the production technology.

The production of levulinic acid and its derivatives is largely concentrated in developing nations, such as India and China. Additionally, these nations utilize a lot of these substances.

For instance, sodium levulinate use is increasing as a result of the substance's use as a skin conditioner in cosmetics and as a preservative in foods to lengthen their shelf lives.

Similar to this, ethyl levulinate, a primary levulinic acid derivative, is a widely used component in perfumes and fragrances in this industry. Additionally, the compound's derivatives are employed as components in cosmetic items including lipstick and makeup removers.

Source: P&S Intelligence