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Furfural Market 2024-2028

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    Report

  • 161 Pages
  • August 2024
  • Region: Global
  • TechNavio
  • ID: 5783231
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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.

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
This study identifies the growing demand for bio-based additives in agricultural industry as one of the prime reasons driving the furfural market growth during the next few years. Also, high growth of paints and coatings industry and increased spending on R&D will lead to sizable demand in the market.

The report on the furfural market covers the following areas:

  • Furfural market sizing
  • Furfural market forecast
  • Furfural market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading furfural market vendors that include 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. Also, the furfural market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Furfural Market 2018 - 2022
Historic Market Size - Data Table on Global Furfural Market 2018 - 2022 ($ million)
4.2 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 End-user segment analysis 2018 - 2022
Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
6.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
6.3 Furfuryl alcohol - Market size and forecast 2023-2028
Chart on Furfuryl alcohol - Market size and forecast 2023-2028 ($ million)
Data Table on Furfuryl alcohol - Market size and forecast 2023-2028 ($ million)
Chart on Furfuryl alcohol - Year-over-year growth 2023-2028 (%)
Data Table on Furfuryl alcohol - Year-over-year growth 2023-2028 (%)
6.4 Solvent - Market size and forecast 2023-2028
Chart on Solvent - Market size and forecast 2023-2028 ($ million)
Data Table on Solvent - Market size and forecast 2023-2028 ($ million)
Chart on Solvent - Year-over-year growth 2023-2028 (%)
Data Table on Solvent - Year-over-year growth 2023-2028 (%)
6.5 Intermediate - Market size and forecast 2023-2028
Chart on Intermediate - Market size and forecast 2023-2028 ($ million)
Data Table on Intermediate - Market size and forecast 2023-2028 ($ million)
Chart on Intermediate - Year-over-year growth 2023-2028 (%)
Data Table on Intermediate - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
7 Market Segmentation by End-user
7.1 Market segments
Chart on End-user - Market share 2023-2028 (%)
Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
7.3 Agriculture - Market size and forecast 2023-2028
Chart on Agriculture - Market size and forecast 2023-2028 ($ million)
Data Table on Agriculture - Market size and forecast 2023-2028 ($ million)
Chart on Agriculture - Year-over-year growth 2023-2028 (%)
Data Table on Agriculture - Year-over-year growth 2023-2028 (%)
7.4 Paints and coatings - Market size and forecast 2023-2028
Chart on Paints and coatings - Market size and forecast 2023-2028 ($ million)
Data Table on Paints and coatings - Market size and forecast 2023-2028 ($ million)
Chart on Paints and coatings - Year-over-year growth 2023-2028 (%)
Data Table on Paints and coatings - Year-over-year growth 2023-2028 (%)
7.5 Pharmaceuticals - Market size and forecast 2023-2028
Chart on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
Data Table on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
Chart on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
Data Table on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
7.6 Food and beverages - Market size and forecast 2023-2028
Chart on Food and beverages - Market size and forecast 2023-2028 ($ million)
Data Table on Food and beverages - Market size and forecast 2023-2028 ($ million)
Chart on Food and beverages - Year-over-year growth 2023-2028 (%)
Data Table on Food and beverages - Year-over-year growth 2023-2028 (%)
7.7 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
7.8 Market opportunity by End-user
Market opportunity by End-user ($ million)
Data Table on Market opportunity by End-user ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
Chart on Japan - Market size and forecast 2023-2028 ($ million)
Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Chart on Japan - Year-over-year growth 2023-2028 (%)
Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 UK - Market size and forecast 2023-2028
Chart on UK - Market size and forecast 2023-2028 ($ million)
Data Table on UK - Market size and forecast 2023-2028 ($ million)
Chart on UK - Year-over-year growth 2023-2028 (%)
Data Table on UK - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
Overview on factors of disruption
11.4 Industry risks
Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
Companies covered
12.2 Market positioning of companies
Matrix on companies position and classification
12.3 Central Romana Corp.
Central Romana Corp. - Overview
Central Romana Corp. - Product/Service
Central Romana Corp. - Key offerings
12.4 DalinYebo Trading and Development (Pty) Ltd.
DalinYebo Trading and Development (Pty) Ltd. - Overview
DalinYebo Trading and Development (Pty) Ltd. - Product/Service
DalinYebo Trading and Development (Pty) Ltd. - Key offerings
12.5 Furnova Polymers Ltd.
Furnova Polymers Ltd. - Overview
Furnova Polymers Ltd. - Product/Service
Furnova Polymers Ltd. - Key offerings
12.6 GoodRich Sugar
GoodRich Sugar - Overview
GoodRich Sugar - Product/Service
GoodRich Sugar - Key offerings
12.7 Hongye Holding Group Corp. Ltd.
Hongye Holding Group Corp. Ltd. - Overview
Hongye Holding Group Corp. Ltd. - Product/Service
Hongye Holding Group Corp. Ltd. - Key offerings
12.8 Illovo Sugar Africa Pty Ltd.
Illovo Sugar Africa Pty Ltd. - Overview
Illovo Sugar Africa Pty Ltd. - Product/Service
Illovo Sugar Africa Pty Ltd. - Key offerings
12.9 Lenzing AG
Lenzing AG - Overview
Lenzing AG - Business segments
Lenzing AG - Key offerings
Lenzing AG - Segment focus
12.10 PENNAKEM LLC
PENNAKEM LLC - Overview
PENNAKEM LLC - Product/Service
PENNAKEM LLC - Key offerings
12.11 Silvateam Spa
Silvateam Spa - Overview
Silvateam Spa - Product/Service
Silvateam Spa - Key offerings
12.12 Tanin DD Sevnica
Tanin DD Sevnica - Overview
Tanin DD Sevnica - Product/Service
Tanin DD Sevnica - Key offerings
12.13 Tokyo Chemical Industry Co. Ltd.
Tokyo Chemical Industry Co. Ltd. - Overview
Tokyo Chemical Industry Co. Ltd. - Product/Service
Tokyo Chemical Industry Co. Ltd. - Key offerings
12.14 TransFurans Chemicals bvba
TransFurans Chemicals bvba - Overview
TransFurans Chemicals bvba - Product/Service
TransFurans Chemicals bvba - Key offerings
12.15 Xingtai Chunlei Furfuryl Alcohol Co. Ltd.
Xingtai Chunlei Furfuryl Alcohol Co. Ltd. - Overview
Xingtai Chunlei Furfuryl Alcohol Co. Ltd. - Product/Service
Xingtai Chunlei Furfuryl Alcohol Co. Ltd. - Key offerings
12.16 Zhucheng Taisheng Chemical Co. Ltd.
Zhucheng Taisheng Chemical Co. Ltd. - Overview
Zhucheng Taisheng Chemical Co. Ltd. - Product/Service
Zhucheng Taisheng Chemical Co. Ltd. - Key offerings
12.17 Zibo Huaao Chemical Co. Ltd.
Zibo Huaao Chemical Co. Ltd. - Overview
Zibo Huaao Chemical Co. Ltd. - Product/Service
Zibo Huaao Chemical Co. Ltd. - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
13.3 Currency conversion rates for US$
Currency conversion rates for US$
13.4 Research methodology
Research methodology
13.5 Data procurement
Information sources
13.6 Data validation
Data validation
13.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
13.8 Data synthesis
Data synthesis
13.9 360 degree market analysis
360 degree market analysis
13.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Parent Market
Exhibits 11: Data Table on - Parent Market
Exhibits 12: Market characteristics analysis
Exhibits 13: Value Chain Analysis
Exhibits 14: Offerings of companies included in the market definition
Exhibits 15: Market segments
Exhibits 16: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 17: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 18: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 20: Historic Market Size - Data Table on Global Furfural Market 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
Exhibits 23: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 24: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 25: Five forces analysis - Comparison between 2023 and 2028
Exhibits 26: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 27: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 30: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 31: Chart on Market condition - Five forces 2023 and 2028
Exhibits 32: Chart on Application - Market share 2023-2028 (%)
Exhibits 33: Data Table on Application - Market share 2023-2028 (%)
Exhibits 34: Chart on Comparison by Application
Exhibits 35: Data Table on Comparison by Application
Exhibits 36: Chart on Furfuryl alcohol - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Data Table on Furfuryl alcohol - Market size and forecast 2023-2028 ($ million)
Exhibits 38: Chart on Furfuryl alcohol - Year-over-year growth 2023-2028 (%)
Exhibits 39: Data Table on Furfuryl alcohol - Year-over-year growth 2023-2028 (%)
Exhibits 40: Chart on Solvent - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Data Table on Solvent - Market size and forecast 2023-2028 ($ million)
Exhibits 42: Chart on Solvent - Year-over-year growth 2023-2028 (%)
Exhibits 43: Data Table on Solvent - Year-over-year growth 2023-2028 (%)
Exhibits 44: Chart on Intermediate - Market size and forecast 2023-2028 ($ million)
Exhibits 45: Data Table on Intermediate - Market size and forecast 2023-2028 ($ million)
Exhibits 46: Chart on Intermediate - Year-over-year growth 2023-2028 (%)
Exhibits 47: Data Table on Intermediate - Year-over-year growth 2023-2028 (%)
Exhibits 48: Market opportunity by Application ($ million)
Exhibits 49: Data Table on Market opportunity by Application ($ million)
Exhibits 50: Chart on End-user - Market share 2023-2028 (%)
Exhibits 51: Data Table on End-user - Market share 2023-2028 (%)
Exhibits 52: Chart on Comparison by End-user
Exhibits 53: Data Table on Comparison by End-user
Exhibits 54: Chart on Agriculture - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Data Table on Agriculture - Market size and forecast 2023-2028 ($ million)
Exhibits 56: Chart on Agriculture - Year-over-year growth 2023-2028 (%)
Exhibits 57: Data Table on Agriculture - Year-over-year growth 2023-2028 (%)
Exhibits 58: Chart on Paints and coatings - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Data Table on Paints and coatings - Market size and forecast 2023-2028 ($ million)
Exhibits 60: Chart on Paints and coatings - Year-over-year growth 2023-2028 (%)
Exhibits 61: Data Table on Paints and coatings - Year-over-year growth 2023-2028 (%)
Exhibits 62: Chart on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Data Table on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
Exhibits 64: Chart on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
Exhibits 65: Data Table on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
Exhibits 66: Chart on Food and beverages - Market size and forecast 2023-2028 ($ million)
Exhibits 67: Data Table on Food and beverages - Market size and forecast 2023-2028 ($ million)
Exhibits 68: Chart on Food and beverages - Year-over-year growth 2023-2028 (%)
Exhibits 69: Data Table on Food and beverages - Year-over-year growth 2023-2028 (%)
Exhibits 70: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 71: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 72: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 73: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 74: Market opportunity by End-user ($ million)
Exhibits 75: Data Table on Market opportunity by End-user ($ million)
Exhibits 76: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 77: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 78: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 79: Chart on Geographic comparison
Exhibits 80: Data Table on Geographic comparison
Exhibits 81: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 82: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 83: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 86: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 87: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 90: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 91: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 93: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 94: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 95: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 96: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 97: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 98: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 99: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 100: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 101: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 102: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 103: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 104: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 105: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 106: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 107: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 108: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 109: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 110: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 111: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 112: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 113: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 114: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 115: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 116: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 117: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 118: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 119: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 120: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 121: Market opportunity By Geographical Landscape ($ million)
Exhibits 122: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 123: Impact of drivers and challenges in 2023 and 2028
Exhibits 124: Overview on criticality of inputs and factors of differentiation
Exhibits 125: Overview on factors of disruption
Exhibits 126: Impact of key risks on business
Exhibits 127: Companies covered
Exhibits 128: Matrix on companies position and classification
Exhibits 129: Central Romana Corp. - Overview
Exhibits 130: Central Romana Corp. - Product/Service
Exhibits 131: Central Romana Corp. - Key offerings
Exhibits 132: DalinYebo Trading and Development (Pty) Ltd. - Overview
Exhibits 133: DalinYebo Trading and Development (Pty) Ltd. - Product/Service
Exhibits 134: DalinYebo Trading and Development (Pty) Ltd. - Key offerings
Exhibits 135: Furnova Polymers Ltd. - Overview
Exhibits 136: Furnova Polymers Ltd. - Product/Service
Exhibits 137: Furnova Polymers Ltd. - Key offerings
Exhibits 138: GoodRich Sugar - Overview
Exhibits 139: GoodRich Sugar - Product/Service
Exhibits 140: GoodRich Sugar - Key offerings
Exhibits 141: Hongye Holding Group Corp. Ltd. - Overview
Exhibits 142: Hongye Holding Group Corp. Ltd. - Product/Service
Exhibits 143: Hongye Holding Group Corp. Ltd. - Key offerings
Exhibits 144: Illovo Sugar Africa Pty Ltd. - Overview
Exhibits 145: Illovo Sugar Africa Pty Ltd. - Product/Service
Exhibits 146: Illovo Sugar Africa Pty Ltd. - Key offerings
Exhibits 147: Lenzing AG - Overview
Exhibits 148: Lenzing AG - Business segments
Exhibits 149: Lenzing AG - Key offerings
Exhibits 150: Lenzing AG - Segment focus
Exhibits 151: PENNAKEM LLC - Overview
Exhibits 152: PENNAKEM LLC - Product/Service
Exhibits 153: PENNAKEM LLC - Key offerings
Exhibits 154: Silvateam Spa - Overview
Exhibits 155: Silvateam Spa - Product/Service
Exhibits 156: Silvateam Spa - Key offerings
Exhibits 157: Tanin DD Sevnica - Overview
Exhibits 158: Tanin DD Sevnica - Product/Service
Exhibits 159: Tanin DD Sevnica - Key offerings
Exhibits 160: Tokyo Chemical Industry Co. Ltd. - Overview
Exhibits 161: Tokyo Chemical Industry Co. Ltd. - Product/Service
Exhibits 162: Tokyo Chemical Industry Co. Ltd. - Key offerings
Exhibits 163: TransFurans Chemicals bvba - Overview
Exhibits 164: TransFurans Chemicals bvba - Product/Service
Exhibits 165: TransFurans Chemicals bvba - Key offerings
Exhibits 166: Xingtai Chunlei Furfuryl Alcohol Co. Ltd. - Overview
Exhibits 167: Xingtai Chunlei Furfuryl Alcohol Co. Ltd. - Product/Service
Exhibits 168: Xingtai Chunlei Furfuryl Alcohol Co. Ltd. - Key offerings
Exhibits 169: Zhucheng Taisheng Chemical Co. Ltd. - Overview
Exhibits 170: Zhucheng Taisheng Chemical Co. Ltd. - Product/Service
Exhibits 171: Zhucheng Taisheng Chemical Co. Ltd. - Key offerings
Exhibits 172: Zibo Huaao Chemical Co. Ltd. - Overview
Exhibits 173: Zibo Huaao Chemical Co. Ltd. - Product/Service
Exhibits 174: Zibo Huaao Chemical Co. Ltd. - Key offerings
Exhibits 175: Inclusions checklist
Exhibits 176: Exclusions checklist
Exhibits 177: Currency conversion rates for US$
Exhibits 178: Research methodology
Exhibits 179: Information sources
Exhibits 180: Data validation
Exhibits 181: Validation techniques employed for market sizing
Exhibits 182: Data synthesis
Exhibits 183: 360 degree market analysis
Exhibits 184: List of abbreviations

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.