Press release
Global Furfural Market Expected to Witness a Sustainable Growth over 2025
This report focuses on the key global Furfural players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
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Furfural is an aldehyde that is furan with the hydrogen at position 2 substituted by a formyl group. It has a role as a Maillard reaction product and a metabolite. It is a member of furans and an aldehyde.
Furfural is an organic compound that is obtained from various agricultural byproducts such as corncobs, oat, wheat bran, and sawdust. Outside of China, demand for furfural is relatively small, with little change expected. In the United States, there has been some downturn in furfuryl alcohol use in castings because of the downturn in the oil and gas business. In Western Europe, demand for furfuryl alcohol is expected to increase only slightly in the near future.
The global Furfural market is valued at 731 million US$ in 2018 and will reach 1048.2 million US$ by the end of 2025, growing at a CAGR of 5.0% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Furfural market based on company, product type, end user and key regions.
Market Segment by Manufacturers, this report covers
Hongye Chemical
Lenzing
Penn A Kem
Central Romana
Illovo Sugar
Zhongkang
Hebei Xingtai Chunlei
Silvateam
Shijiazhuang Guangxin Weiye
Zhucheng Taisheng Chemical
Zibo Huaao Chemical
Henan Huilong Chemical
Pingquan Fengsheng Chemical
Market Segment by Type, covers
Purity 99%
Purity 98.5%
Others
Market Segment by Applications, can be divided into
Furfural Alcohol
Solvent
Others
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Related Information:
North America Furfural Market Growth 2019-2025
United States Furfural Market Growth 2019-2025
Asia-Pacific Furfural Market Growth 2019-2025
Europe Furfural Market Growth 2019-2025
EMEA Furfural Market Growth 2019-2025
Global Furfural Market Growth 2019-2025
China Furfural Market Growth 2019-2025
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