Furfural Market Scrutinized In New Research by Key Player Arcoy, Aurus Speciality Company, Behran Oil, Central Romana Corporation and Pennakem

The Insight Partners offers a latest published report on Furfural Market 2019 - Global Analysis and Forecasts 2027 will help Major Players and the new entrants to understand scrutinize the market in detail. This report focuses on the key global Furfural Industry Key Manufacturer, to describe, define and analyze the value, market share, trends, market demand, research, competition landscape, SWOT analysis and development plans in the coming years.

Furfural is the most widely used chemicals in the furan family and source for other technically important furans. Furfural has low viscosity and high reactivity along with excellent thermal, chemical and mechanical properties. Furfural is used as a solvent for refining lubricating oils. It is an essential source for hexamethylenediamine which is required in the manufacture of nylon.

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The Key Players Profiled In The Market Include:

1. Arcoy
2. Aurus Speciality Company
3. Behran Oil Co.
4. Central Romana Corporation
5. ILLOVO SUGAR AFRICA (PTY) LTD
6. International Furan Chemicals B.V.
7. LENZING AG
8. Pennakem, LLC
9. Silvateam S.p.a.
10. TransFurans Chemicals

The furfural market is anticipated to grow in the forecast period owing to driving factors such as increasing awareness regarding benefits of furfural and easy availability of the raw material. However, fluctuating prices of the raw material restrict the furfural market. On the other hand, technological advancements and increasing demands of furfural in developing countries provide significant growth opportunities for major market players in the furfural market during the forecast period.

The global furfural market is segmented on the basis of raw material, application, catalyst type, and end user industry. Based raw material, the furfural market is segmented as agricultural raw materials and lignocellulosic feedstock. Agricultural raw materials are sub-segmented as corn hubs, rice husk, bagasse, cotton husk, oat husk, and almond husk. On the basis of the application, the market is segmented as solvents, flavor enhancers, gasoline additives, decolorizing agents, resins, and fungicides. Furfural market by solvents is further sub-segmented as methyl furan, furfuryl alcohol, tetrahydrofurfuryl, furoic acid. By catalyst type, the market is segmented as solid acid type and liquid acid type catalyst. Solid acid type catalyst market is sub-segmented as zeolite. On the other hand, liquid acid type catalyst market is classified into Lewis acid and bronsted acids. The market on the basis of the end user industry is classified as agrochemical industry, pharmaceutical & medical industry, lubricants industry, cements industry, energy industry, adhesives industry, coatings industry, food & beverages industry, and others.

The research thoroughly establishes critical market drivers, well-identified restraints, future opportunities, and ongoing trends of the market with essential statistics to provide precise data in terms of value and volume. The report focuses on the competitive landscape along with the SWOT analysis of some leading company profiles that have a significant impact on global market practices.

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The global study on Furfural Market sums up area wise market distribution with respect to five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America covering the political, economic, social, and technological scenario for each region and its impact on the market. The report further breaks down the analysis for the major countries in these regions to provide a detailed picture of the market share and growth rate.

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