Press release
Global 2 Furoic Acid Industry Research Report Growth Trends And Competitive Analysis
In terms of production side, this report researches the 2-Furoic Acid capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of 2-Furoic Acid by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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2-Furoic acid is a heterocyclic carboxylic acid, consisting of a five-membered aromatic ring and a carboxylic acid group.
The market for 2-furoic acid was mainly driven by food manufacturing sector. 2-furoic acid is also used as a starting material in furoate esters production. The derivatives of 2-furoic acid are used in medicinal preparations and biological research. The major opportunity for 2-furoic acid market is optic technology. 2-Furoic acid crystals can be used in optical devices due to its favorable properties such as non linear optical material (NLO). However, health hazards related to 2-furoic acid such as mutagenic effects are likely to inhibit the market growth.
North America was the leading region for 2-furoic acid market in 2012. The demand for 2-furoic acid is huge due to growing consumption from food industry. North America was followed by Europe, owing to huge demand of 2-furoic acid in medical applications.
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The 2-Furoic Acid market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for 2-Furoic Acid.
This report includes the following manufacturers; we can also add the other companies as you want.
Lotus Enterprise
Meryer Chemical Technology
Alfa Aesar
J & K Scientific
...
Market Segment by Product Type
2-Furoic Acid 98%
2-Furoic Acid 97%
Others
Market Segment by Application
Food
Optic Technologies
Nylon Preparation
Pharmaceutical Industry
Others
Key Regions split in this report:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
The study objectives are:
To analyze and research the global 2-Furoic Acid status and future forecast, involving capacity, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
To present the key 2-Furoic Acid manufacturers, capacity, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers 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 2-Furoic Acid are as follows:
History Year: 2013-2018
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
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