Levulinic Acid Market Volume Forecast and Value Chain Analysis 2016-2020
Levulinic acid is also known as 4-oxopentanoic acid. It is an organic compound classified as a keto acid. Molecular formula of Levulinic acid is C5H8O3. Levulinic acid is a white crystalline solid. It is soluble in water, polar organic solvents, diethyl ether and ethanol, and insoluble in aliphatic hydrocarbons. Levulinic acid is relatively nontoxic, with an LD50 of 1850 mg/kg. Levulinic acid is used as a precursor for plasticizers, pharmaceuticals, and other additives.
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