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Global Gamma Valerolactone (CAS 108-29-2) Market is expected to reach 757 K USD by 2024

Author: QYResearch  |   Published Date: 2018-07-11   |   Views: 168



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Gamma valerolactone is colorless liquid derived from levulinic acid. Conversion of levulinic acid into GVL is proven with existing catalysts, resulting in high yields at reasonable operating conditions.


Gamma valerolactone has been used in food flavors, solvent industry, as well as chemical synthesis and so on. Among various applications, food flavors accounts for the largest consumption share with 80.57% in 2017.


The gamma valerolactone industry is relatively small at the moment. There are only a few manufacturers engaged in the production. Manufacturers of Anhui Hyea gamma valerolactone mainly concentrate in China. Aromas is the largest producer of gamma valerolactone, owning 62% production share globally.


Market Segment Applications, can be divided into

·        Food Flavors

·        Solvent

·        Monomer Intermediate

·        Others


Market Segment by Type, covers

·        Food Grade

·        Industrial Grade


Global Competitive landscape and key vendors

·        Anhui Hyea Aromas

·        Dideu Industries

·        Kunshan Qiandeng Baihua

·        Zhongyue Aroma

·        Soda Aromatic

·        Inoue Perfumery MFG


Click to view the full report TOC, figure and tables:

https://www.qyresearch.com/index/detail/573988/global-gamma-valerolactone-market


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