Hydroxymethylfurfural (HMF), also 5-(hydroxymethyl) furfural, is an organic compound formed by the dehydration of certain sugars. It is a white low-melting solid (although commercial samples are often yellow) which is highly soluble in both water and organic solvents. The molecule consists of a furan ring, containing both aldehyde and alcohol functional groups.
In the future eight years, we predict the CAGR of global revenue is 1.45%. Although the application field of 5-Hydroxymethylfurfural (5-HMF) is very broad, the price of 5-Hydroxymethylfurfural (5-HMF) is much higher than the price of its alternatives in its application field, so its global market is not very large, and mainly used in flavor and fragrance industry.
Europe has the largest global export quantity and manufacturers in 5-Hydroxymethylfurfural (5-HMF) market, while the China is the second sales volume market for 5-Hydroxymethylfurfural (5-HMF) in 2017.
In the industry, AVA Biochem profits most in 2016 and recent years, while Robinson Brothers and Penta Manufacturer ranked 2 and 3.The market share of them is 82.03%, 4.45% and 3.57% in 2017.The gap of market share is keep on enlarged due to different strategy.
Nowadays, there are two mainly types of 5-Hydroxymethylfurfural (5-HMF), including Industrial Grade and Food Grade. And Industrial Grade is the main type for 5-Hydroxymethylfurfural (5-HMF), and the Industrial Grade reached a sales volume of approximately 34086 Kg in 2017, with 72.11% of global sales volume.
5-Hydroxymethylfurfural (5-HMF) technology is much mature now, and new enterprises can not surpass existing famous brands on reputation or design in the short term. So, the study group recommends the new entrants need to be considered carefully before enter into this field.
According to this study, over the next five years the 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) market will register a 1.4% CAGR in terms of revenue, the global market size will reach US$ 61 million by 2024, from US$ 56 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) market by product type, application, key manufacturers and key regions and countries.
This study considers the 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Industrial Grade
Food Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Flavor & Fragrance Industry
Pharmaceutical Industry
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
AVA Biochem
Robinson Brothers
Penta Manufacturer
NBB Company
Treatt
Beijing Lys Chemicals
Xuzhou Ruisai Technology
Wutong Aroma Chemicals
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) market by identifying its various subsegments.
Focuses on the key global 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) . Industry analysis & Market Report on 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) is a syndicated market report, published as Global 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) Market Growth 2019-2024. It is complete Research Study and Industry Analysis of 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.