Furfural is an organic compound produced from a variety of agricultural byproducts, including corncobs, oat, wheat bran, and sawdust. The name furfural comes from the Latin word furfur, meaning bran, referring to its usual source. Aside from ethanol, acetic acid and sugar it is one of the oldest renewable chemicals.
The furfural alcohol segment accounted for the major shares of this market. Factors such as the increasing usage of furfural alcohol in construction, plastics, and textiles will contribute to the growth of the furfural alcohol market in the coming years.
This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the furfural market throughout the forecast period. The growth of major end-user industries such as construction, pharmaceutical, and textiles in the region will drive the growth of the furfural market.
In 2019, the market size of Furfural is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Furfural.
This report studies the global market size of Furfural, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Furfural production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Harborchem
Hongye Holding Group
Lenzing
Penn A Kem
TransFurans Chemicals
Furnova
GoodRich Sugar
Hebeichem
Linzi Organic Chemical
Silvateam
Tanin Sevnica
TCI Chemicals
Zhucheng Taisheng Chemical
Zibo Huaao Chemical
Market Segment by Product Type
Purity 99%
Purity 98%
Other
Market Segment by Application
Furfural Alcohol
Solvent
Other
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Furfural status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Furfural manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Furfural are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Furfural . Industry analysis & Market Report on Furfural is a syndicated market report, published as Global (United States, European Union and China) Furfural Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Furfural market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.