Ethyl Levulinate Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Ethyl Levulinate Market is Segmented by Application (Food Additive, Fragrances, Pharmaceutical Intermediates, and Others) and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa)

Ethyl Levulinate Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Ethyl Levulinate Market Size

Ethyl Levulinate Market Size
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 3.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Ethyl Levulinate Market Key Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Ethyl Levulinate Market with other markets in Chemicals & Materials Industry

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Ethyl Levulinate Market Analysis

The Ethyl Levulinate Market is expected to register a CAGR of greater than 3% during the forecast period.

However, the health hazard related to ethyl levulinate like prolonged exposure to ethyl levulinate may cause lung damage, eye irritation, coma, narcosis, dizziness, behavioral changes, and the outbreak of coronavirus across the globe are likely to hinder the growth of the studied market.

The research and technological advancements show that ethyl levulinate can also be produced directly from furfuryl alcohol derived from biomass using eco-friendly solid catalysts are likely to provide opportunities for the ethyl levulinate market over the next five years.

The Asia-Pacific region dominated across the world with increasing consumption from countries, like China and India.

Ethyl Levulinate Industry Overview

The global ethyl levulinate market is fragmented in nature with a few major players dominating a significant portion of the market. Some of the major companies are GFBiochemicals Ltd, Vigon International Inc., Ernesto Ventós, SA, Oakwood Products Inc., Alfa Aesar, and Thermo Fisher Scientific, among others.

Ethyl Levulinate Market Leaders

  1. GFBiochemicals Ltd.

  2. Vigon International, Inc.

  3. Oakwood Products, Inc.

  4. Alfa Aesar, Thermo Fisher Scientific.

  5. Ernesto Ventós, S.A.

  6. *Disclaimer: Major Players sorted in no particular order
GFBiochemicals Ltd., Vigon International, Inc., Oakwood Products, Inc., Alfa Aesar, Thermo Fisher Scientific., Ernesto Ventós, S.A.
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Ethyl Levulinate Market Report - 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 Growing Demand for Fragrances and Perfumes
    • 4.1.2 Other Drivers
  • 4.2 Restraints
    • 4.2.1 Helath Hazard related to Ethyl Levulinate
    • 4.2.2 Unfavorable Conditions Arising Due to COVID-19 Outbreak
  • 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 Buyers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION

  • 5.1 Application
    • 5.1.1 Food Additive
    • 5.1.2 Fragrances
    • 5.1.3 Pharmaceutical Intermediates
    • 5.1.4 Others
  • 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 (%)/Ranking Analysis**
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 ACROS ORGANICS MS
    • 6.4.2 Alfa Aesar, Thermo Fisher Scientific.
    • 6.4.3 Cymit Química S.L.
    • 6.4.4 Ernesto Ventós SA
    • 6.4.5 Fleurchem, Inc.
    • 6.4.6 GFBiochemicals Ltd
    • 6.4.7 LLUCH ESSENCE SAS
    • 6.4.8 M&U International.
    • 6.4.9 Oakwood Products Inc.
    • 6.4.10 Penta Manufacturing Company
    • 6.4.11 SIELC Technologies
    • 6.4.12 TCI America
    • 6.4.13 Toronto Research Chemicals
    • 6.4.14 Vigon International Inc.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 R&D in Production of Ethyl Levulinate from Furfuryl Alcohal
  • 7.2 Other Opportunities
**Subject to Availability
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Ethyl Levulinate Industry Segmentation

The ethyl levulinate market report includes:

Application Food Additive
Fragrances
Pharmaceutical Intermediates
Others
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Ethyl Levulinate Market Research FAQs

What is the current Ethyl Levulinate Market size?

The Ethyl Levulinate Market is projected to register a CAGR of greater than 3% during the forecast period (2025-2030)

Who are the key players in Ethyl Levulinate Market?

GFBiochemicals Ltd., Vigon International, Inc., Oakwood Products, Inc., Alfa Aesar, Thermo Fisher Scientific. and Ernesto Ventós, S.A. are the major companies operating in the Ethyl Levulinate Market.

Which is the fastest growing region in Ethyl Levulinate Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Ethyl Levulinate Market?

In 2025, the Asia Pacific accounts for the largest market share in Ethyl Levulinate Market.

What years does this Ethyl Levulinate Market cover?

The report covers the Ethyl Levulinate Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Ethyl Levulinate Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Ethyl Levulinate Industry Report

Statistics for the 2025 Ethyl Levulinate market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Ethyl Levulinate analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.