乙醯丙酸：市場佔有率分析、產業趨勢/統計、成長預測（2024-2029）

乙醯丙酸市場規模預計到2024年為21噸，預計2029年將達到28.28噸，在預測期（2024-2029年）複合年成長率為6.13%。

受COVID-19影響，包括化學工業在內的各行業生產減少，各行業原料供應受到較大影響。受疫情影響，乙醯丙酸市場出現負成長。然而，隨著所有行業生產流程的恢復，預計市場將在 2022 年保持成長軌跡。

主要亮點

• 從中期來看，推動市場成長的主要因素被認為是作為傳統肥料替代品的使用量不斷增加。
• 另一方面，替代品的替代品預計將阻礙市場成長。
• 生物基乙醯丙酸的日益普及代表著不久的將來市場成長的機會。
• 預計亞太地區將主導市場，並可能在預測期內呈現最高的複合年成長率。

乙醯丙酸市場趨勢

化妝品和個人護理主導市場

乙醯丙酸及其鹽（主要是乙醯丙酸鈉）是水溶性的。它們通常用於美容和個人保健產品，因為它們已獲得美國食品藥物管理局(FDA) 的核准。此外，歐盟化妝品法規並未限制這些成分的使用。

根據FDA的化妝品自願註冊計畫(VCRP)調查資料，大約有130種化妝品配方中使用了乙醯丙酸，大約400種化妝品配方中使用了乙醯丙酸鈉。乙醯丙酸鹽在染髮劑中的最高濃度約為4.5%，而乙醯丙酸鈉用於漱口水和口氣清新劑中的最高濃度為0.62%。

線上美容消費的持續成長、社交網路的使用不斷增加、消費者對新高級產品的興趣增加、都市化加快以及中上階層人口的成長正在推動全球化妝品的成長，這些是主要因素帶動市場。它有奶油威士忌的香味。乙醯丙酸將廣泛用於香水生產。

根據歐洲化妝品協會統計，歐洲化妝品及個人護理市場是全球最大的化妝品市場，2021年零售約850億美元。美國每位消費者每年在化妝品、香水和沐浴產品上的平均支出約為 180 美元。

乙醯丙酸也用作農業肥料，以提高作物產量。乙醯丙酸鹽金屬塑化劑通常用於鄰苯二甲酸酯塑化劑，因為它們與聚乳酸等親水性生物聚合物完美配合。

美國是北美最大的化肥市場，約佔2021年總市場價值的82.1%，約佔北美農地總面積的73.6%。法國是歐洲最大的化肥消費國之一，預計年終整體佔有率將達到20.1%。

乙醯丙酸衍生物廣泛用於燃料添加劑以改善燃料性能。世界各地的公司正在推出服務廣泛應用的新產品。例如，Nxtlevvel和Elementis計劃於2022年初聯合推出兩種用於工業油漆和塗料領域的生物基乙醯丙酸溶劑。

美國被認為是全球乙醯丙酸需求的核心。 2022年，美國能源局將乙醯丙酸認定為綠色工業學製程開發的關鍵平台化學品。

所有上述因素預計都會在預測期內影響所研究的市場。

亞太地區主導市場

亞太地區是乙醯丙酸的最大市場。預計它也將成為預測期內成長最快的市場。其主導地位主要歸功於中國、印度和日本等國家。

中國和印度等國家是化肥的最大消費國，尤其是在人口持續成長且農業用地有限的情況下。因此，這些國家對肥料的需求更高。

乙醯丙酸因其多種特性而被廣泛用於化妝品和個人保健產品，包括作為溫和的防腐劑和優異的抗菌特性。根據經濟產業省預計， 年終，印度美容及個護產業規模將達120億美元以上，年增率為6.5%。

根據全球主要出口國統計，2021年中國為全球第三大化妝品進口國，進口總額約185億美元。香港2021年進口了價值73億美元的護膚和化妝品，成為亞太地區第二大化妝品進口國。

中國是化妝品主要消費國之一，中國化妝品產業乙醯丙酸的消費量不斷增加。 2022年，中國批發零售企業化妝品零售總額達約550億美元。

據估計，到年終，泰國美容及個人護理市場收益預計將達到57.6億美元。 2021年，泰國奢侈化妝品和香水的市場價值達到約3.4億美元。

化妝品行業的公司專注於擴大產品系列，以擴大美容和化妝品業務。例如，2021年10月，絲芙蘭中國推出了51個品牌的240餘款美妝新品，揭曉了7個C級美妝品牌的新品以及5個海外小眾品牌的國內首發。

因此，所有上述因素預計將在預測期內推動該地區的市場成長。

乙醯丙酸產業概況

乙醯丙酸市場整合，少數公司控制大部分市場佔有率。市場的主要企業包括 GFBiochemicals Ltd、Alfa Aesar-Thermo Fisher Scientific、Tokyo Kasei 工業、Ascender Chemical 和 Merck KGaA。

其他福利

• Excel 格式的市場預測 (ME) 表
• 3 個月分析師支持

目錄

第1章簡介

• 調查先決條件
• 調查範圍

第2章調查方法

第3章執行摘要

第4章市場動態

• 促進因素
  • 擴大使用範圍作為傳統肥料的替代品
  • 其他司機
• 抑制因素
  • 由於 COVID-19 的影響，情況不利
• 產業價值鏈分析
• 波特五力分析
  • 供應商的議價能力
  • 消費者議價能力
  • 新進入者的威脅
  • 替代品的威脅
  • 競爭程度

第5章市場區隔（市場規模（基於數量））

• 最終用戶產業
  • 化妝品/個人護理
  • 藥品
  • 聚合物/塑化劑
  • 燃油/燃油添加劑
  • 香味
  • 其他最終用戶產業
• 地區
  • 亞太地區
    • 中國
    • 印度
    • 日本
    • 韓國
    • 其他亞太地區
  • 北美洲
    • 美國
    • 加拿大
    • 墨西哥
  • 歐洲
    • 德國
    • 英國
    • 法國
    • 義大利
    • 其他歐洲國家
  • 南美洲
    • 巴西
    • 阿根廷
    • 南美洲其他地區
  • 中東/非洲
    • 沙烏地阿拉伯
    • 南非
    • 其他中東和非洲

第6章 競爭形勢

• 併購、合資、聯盟、協議
• 市場佔有率(%)分析**/市場排名分析
• 主要企業策略
• 公司簡介
  • AK Scientific Inc.
  • Alfa Aesar, Thermo Fisher Scientific
  • Aromalake Chemical Co. Ltd
  • Ascender Chemical Co. Ltd
  • Bio-On SpA
  • Boerchem Pharmtech Co. Ltd
  • GC Innovation America
  • GFBiochemicals Ltd
  • Merck KGaA
  • Summit Cosmetics Corporation
  • Tokyo Chemical Industry Co. Ltd

第7章 市場機會及未來趨勢

• 擴大生物基乙醯丙酸的普及

The Levulinic Acid Market size is estimated at 21 kilotons in 2024, and is expected to reach 28.28 kilotons by 2029, growing at a CAGR of 6.13% during the forecast period (2024-2029).

Due to COVID-19, production in various chemical and other industries decreased, and the supply of raw materials to industries was significantly affected. The unfavorable conditions arising from the pandemic resulted in the negative growth of the Levulinic Acid Market. However, the market was anticipated to retain its growth trajectory in 2022 due to the resumed production processes of all industries.

Key Highlights

• Over the medium term, the major factor driving the market's growth studied is the increasing usage as substitutes for traditional fertilizers.
• On the flip side, the substitution from alternatives is expected to hinder the market's growth.
• The growing prevalence of bio-based levulinic acid is an opportunity for market growth shortly.
• The Asia-Pacific region is expected to dominate the market and will likely witness the highest CAGR during the forecast period.

Levulinic Acid Market Trends

Cosmetics and Personal Care to Dominate the Market

Levulinic acid and its salts (majorly sodium levulinate) are water-soluble. They are commonly used in beauty and personal care products, as it is approved by the US Food and Drug Administration (FDA). Moreover, the rules governing cosmetic products in the European Union do not restrict these ingredients' use.

According to the FDA's Voluntary Cosmetic Registration Program (VCRP) survey data, levulinic acid is used in around 130 cosmetic formulations, and sodium levulinate is used in approximately 400 cosmetic formulations; levulinic acid has the highest maximum concentration of around 4.5% in hair dyes, while sodium levulinate is used at a maximum concentration of 0.62% in mouthwashes and breath fresheners.

Continuous growth in online beauty spending, expanding social network use, increasing consumer interest in new and premium products, accelerating urbanization, and the growth of the upper-middle-class population are the major factors driving the cosmetics market worldwide-the creamy, whisky fragrance of levulinic acid results in its heavy usage in the manufacturing of perfumes.

According to Cosmetics Europe, the European cosmetics and personal care market is the world's largest cosmetic product market, valued at approximately USD 85 billion at a retail sales price in 2021. The average annual expenditure on cosmetics, perfume, and bath preparation products amounted to approximately USD 180 per consumer unit in the United States.

Also, these ingredients are reportedly safe for use in products that come in contact with the eyes. For instance, sodium levulinate is used up to 0.57% in eye shadows and lotions.

Levulinic acid is also used as fertilizer for high crop yields in agriculture. Levulinic acid metal plasticizers are highly used in phthalate plasticizers because they work perfectly with hydrophilic biopolymers like polylactic acid.

The United States is the largest fertilizer market in the North America region, accounting for about 82.1% of the total market value in 2021 and occupying about 73.6% of the total agricultural land in North America. France is one of the largest fertilizer-consuming countries in Europe, with an expected overall share of 20.1% by the end of 2022.

Levulinic acid derivatives are broadly used in fuel additives to advance fuel properties. Companies across the globe are introducing new products catering to a wide range of applications. For instance, Nxtlevvel and Elementis plan to launch two bio-based levulinic solvents for the industrial paints and coatings sector together in early 2022.

The United States is considered the nucleus of global demand for levulinic acid. In 2022, the United States Department of Energy identified levulinic acid as an important platform chemical for green industrial chemical process development.

All the factors mentioned above, in turn, are projected to impact the market studied during the forecast period.

Asia-Pacific to Dominate the Market

Asia-Pacific is the largest market for levulinic acid. It is also expected to be the fastest-growing market during the forecast period. The dominance is majorly attributed to the countries such as China, India, and Japan.

Countries like China and India are the largest consumers of fertilizers, especially because of their ever-increasing population and limited agricultural land. Hence, the need for fertilizers is high in these countries.

Levulinic acid is extensively used in cosmetics and personal care products due to its various properties, such as acting as a mild preservative with good antibacterial properties. According to the Ministry of Economy and Industry, India's beauty and personal care industry is expected to reach more than USD 12 billion by the end of 2023, with an annual growth rate of 6.5 %.

According to the World's Top Exporters, China was the third-largest importer of cosmetics in the world in 2021, with a total value of about USD 18.5 billion. Hong Kong, which imported skincare and cosmetics worth over USD 7.3 billion in 2021, was the next-largest cosmetics importer in Asia-Pacific.

China is one of the major consumers of cosmetics, which increases the consumption of levulinic acid from the cosmetics segment of the country. In 2022, wholesale and retail companies' retail sales of cosmetics in China totaled about USD 55 billion.

According to estimates, revenue in Thailand's beauty and personal care market is expected to reach USD 5.76 billion by the end of 2023. In 2021, Thailand's prestige cosmetic and fragrance market value amounted to around USD 340 million.

The players operating in the cosmetics industry focus on expanding their product portfolio to expand their beauty and cosmetics. For instance, in October 2021, Sephora China released more than 240 new beauty products from 51 brands, revealing the newness of 7 C-beauty brands and the domestic debut of five overseas niche brands.

Thus, all the factors above are expected to drive market growth in the region during the forecast period.

Levulinic Acid Industry Overview

The Levulinic Acid Market is consolidated, with a few companies controlling the majority share in the market. The major companies in this market include GFBiochemicals Ltd, Alfa Aesar - Thermo Fisher Scientific, Tokyo Chemical Industry Co. Ltd, Ascender Chemical Co. Ltd, and Merck KGaA.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

• 4.1 Drivers
  • 4.1.1 Increasing Usage as a Substitute for Traditional Fertilizer
  • 4.1.2 Other Drivers
• 4.2 Restraints
  • 4.2.1 Unfavorable Conditions Arising Due to the COVID-19 Impact
• 4.3 Industry Value Chain Analysis
• 4.4 Porter's Five Forces Analysis
  • 4.4.1 Bargaining Power of Suppliers
  • 4.4.2 Bargaining Power of Consumers
  • 4.4.3 Threat of New Entrants
  • 4.4.4 Threat of Substitute Products and Services
  • 4.4.5 Degree of Competition

5 MARKET SEGMENTATION (Market Size in Volume)

• 5.1 End-user Industry
  • 5.1.1 Cosmetics and Personal Care
  • 5.1.2 Pharmaceuticals
  • 5.1.3 Polymers and Plasticizers
  • 5.1.4 Fuel and Fuel Additives
  • 5.1.5 Flavors and Fragrances
  • 5.1.6 Other End-user Industries
• 5.2 Geography
  • 5.2.1 Asia-Pacific
    • 5.2.1.1 China
    • 5.2.1.2 India
    • 5.2.1.3 Japan
    • 5.2.1.4 South Korea
    • 5.2.1.5 Rest of Asia-Pacific
  • 5.2.2 North America
    • 5.2.2.1 United States
    • 5.2.2.2 Canada
    • 5.2.2.3 Mexico
  • 5.2.3 Europe
    • 5.2.3.1 Germany
    • 5.2.3.2 United Kingdom
    • 5.2.3.3 France
    • 5.2.3.4 Italy
    • 5.2.3.5 Rest of Europe
  • 5.2.4 South America
    • 5.2.4.1 Brazil
    • 5.2.4.2 Argentina
    • 5.2.4.3 Rest of South America
  • 5.2.5 Middle-East and Africa
    • 5.2.5.1 Saudi Arabia
    • 5.2.5.2 South Africa
    • 5.2.5.3 Rest of Middle-East and Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
• 6.2 Market Share (%) Analysis** / Market Ranking Analysis
• 6.3 Strategies Adopted by Leading Players
• 6.4 Company Profiles
  • 6.4.1 AK Scientific Inc.
  • 6.4.2 Alfa Aesar, Thermo Fisher Scientific
  • 6.4.3 Aromalake Chemical Co. Ltd
  • 6.4.4 Ascender Chemical Co. Ltd
  • 6.4.5 Bio-On SpA
  • 6.4.6 Boerchem Pharmtech Co. Ltd
  • 6.4.7 GC Innovation America
  • 6.4.8 GFBiochemicals Ltd
  • 6.4.9 Merck KGaA
  • 6.4.10 Summit Cosmetics Corporation
  • 6.4.11 Tokyo Chemical Industry Co. Ltd

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

• 7.1 Growing Prevalence of Bio-based Levulinic Acid