Levulinic Acid Market Analysis, Challenges, Growth and Forecast By 2030
Some of the key factors such as the extensive use of this acid for manufacturing of PVC which is a better alternative for phthalate plasticizers and growing use of the acid in niche applications including plastics, nylons and rubbers are driving the market growth. However, rising R&D expenditure which diminishes the production costs is the restraining factors for the market growth....
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