Global Furfural Market Trends, Drivers, and Forecast by 2030
Author : NIlesh Tak | Published On : 12 Mar 2024
This Global Furfural market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Global Furfural report simplifies managing marketing of goods and services effectively.
Data Bridge Market Research analyses that the furfural market is expected to reach USD 900.84 million by 2030, which is USD 556.74 million in 2022, registering a CAGR of 6.20% during the forecast period of 2023 to 2030.
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Market Overview:
Recently, furfural has been emphasized as one of the value added chemicals produced in lignocellulosic bio-refineries. The furfural is highly used to manufacture inks, antacids, fungicides, fertilizers, plastics, adhesives, nematicides, and flavouring compounds globally. Moreover, furfural alcohol is the most widely derived chemical from furfural which is accounting for 80 percent of the overall consumption of furfural.
Some of the major players operating in the Global Furfural market are ILLOVO SUGAR AFRICA (South Africa), TransFurans Chemicals bvba (Belgium), hebeichem (China), KRBL (India), Silvateam S.p.a. (China), LENZING AG (Austria), Hongye Holding Group Corporation Limited (China), Tanin d.d. (U.S.), Pennakem, LLC (U.S.), Hefei Tnj Chemical Industry (China), TCI Chemicals (India) Pvt. Ltd. (India), BEIJING LYS CHEMICALS CO., LTD. (China), Laxmi Furals Pvt Ltd (India) among others.
Global Global Furfural Market Scope
The furfural market is segmented on the basis of raw material, process, catalyst, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Raw Material
- Corncobs
- Rice Hulls
- Cotton Hulls
- Sugarcane Bagasse
- Others
Process
- Quaker Batch
- Chinese Batch
- Rosenlew Continuous
- Other
Catalyst
- Solid Acid Type
- Liquid Acid Type
Application
- Solvents
- Flavour Enhancers
- Fungicides
- Gasoline Additives
- Decolorizing Agents
- Intermediates in Adhesives and Sealants
End User
- Chemical
- Agrochemical
- Pharmaceutical and Medical
- Oil and Gas
- Automotive and Transportation
- Manufacturing
- Furfurals and Polymer
- Food and beverages
- Fertilizer
- Others
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Global Furfural Market Landscape
Part 04: Global Global Furfural Market Sizing
Part 05: Global Global Furfural Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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