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The furfural market is forecasted to grow by USD 228.2 million during 2023-2028, accelerating at a CAGR of 6.78% during the forecast period. The report on the furfural market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by wide range of applications in various industries, mergers and acquisitions boosting market growth, and increased demand for eco-friendly products.
The furfural market is segmented as below:
By Application
- Furfuryl alcohol
- Solvent
- Intermediate
By End-user
- Agriculture
- Paints and coatings
- Pharmaceuticals
- Food and beverages
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the furfural market covers the following areas:
- Furfural market sizing
- Furfural market forecast
- Furfural market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global furfural market: Behran Oil Co., Central Romana Corp., DalinYebo Trading and Development (Pty) Ltd., Furnova Polymers Ltd., GoodRich Sugar, Hebei Furan International Co. Ltd., Henan Huilong Chemical Co. Ltd., Hongye Holding Group Corp. Ltd., Illovo Sugar Africa Pty Ltd., KRBL Ltd., Lenzing AG, PENNAKEM LLC, Shandong Crownchem Industries Co. Ltd., Silvateam Spa, Tanin DD Sevnica, Tokyo Chemical Industry Co. Ltd., TransFurans Chemicals bvba, Xingtai Chunlei Furfuryl Alcohol Co. Ltd., Zhucheng Taisheng Chemical Co. Ltd., and Zibo Huaao Chemical Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing demand for bio-based additives in agricultural industry."
According to the report, one of the major drivers for this market is the wide range of applications in various industries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Behran Oil Co.
- Central Romana Corp.
- DalinYebo Trading and Development (Pty) Ltd.
- Furnova Polymers Ltd.
- GoodRich Sugar
- Hebei Furan International Co. Ltd.
- Henan Huilong Chemical Co. Ltd.
- Hongye Holding Group Corp. Ltd.
- Illovo Sugar Africa Pty Ltd.
- KRBL Ltd.
- Lenzing AG
- PENNAKEM LLC
- Shandong Crownchem Industries Co. Ltd.
- Silvateam Spa
- Tanin DD Sevnica
- Tokyo Chemical Industry Co. Ltd.
- TransFurans Chemicals bvba
- Xingtai Chunlei Furfuryl Alcohol Co. Ltd.
- Zhucheng Taisheng Chemical Co. Ltd.
- Zibo Huaao Chemical Co. Ltd.