Press release
Furfural Market Analysis by key Players Kao, Avalon, The Colgate-Palmolive, Bentley labs, Lakhme cosmetics and The Body Shop, Patanjali, Aveda, Bio Veda Action Research, Onesta, Giovanni Cosmetics, Suave, Ammway and Dabur.
Increase in consumption of pesticides and fungicides in agriculture sector in various countries has flourished the furfural market. Rise in demand of the product in pharmaceutical sector is one of the prime indicator in boosting the industry growth..The information provided in the report is likely to help manufacturers involved in the production of bulk and specialty chemicals, polymers, resins, lubricants, detergents, soaps, coatings, preservatives, fluids, biocides, oilfield chemicals, specific chemicals, derivatives, specific agents, powders, etc. The details provided are also probable to help suppliers and buyers of products such as dyes, surfactants, bleaches, resins, paints, petrochemicals, plastics, acids, additives, solvents, and more, with appropriate decision making and an in-depth understanding of how this market works.
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Tanin Sevnica
2. Silvateam
3. Penn A Kem
4. Lenzing
5. KRBL
6. Illovo
7. Hongye Holding
8. Central Romana and Arcoy
9. Zhucheng Taisheng
10. Novel Organic
11. Furnova Polymers
12. Shangdong Ruide Chemical
A list of the various factors that are slated to drive the growth graph of this industry is given in the report, alongside the numerous ongoing trends that the industry is characterized by.
The report delivers a detailed overview of the product landscape of the Furfural market, categorized into pharmaceuticals, paints & coatings, agricultural formulations and petroleum refineries .All the information pertaining to the segment valuation, market share, growth rate, expansion trends, and performance over the forecast period has been given in the report.
Growing awareness regarding using eco-friendly products and supporting regulations regarding the same created by Registration Evaluation Authorization and Restriction of Chemicals (REACH) and Environmental Protection Agency (EPA) will augment the furfural market. However, ineffective production process yielding low product quality and utilization of expensive technologies may restrict the future market growth.
An in-depth insight of the regional landscape, segregated into North America Europe Asia Pacific, has been provided in the report. Information on the various parameters likely to boost the regional markets, alongside the growth opportunities prevalent in every region, growth rate through the forecast period, technologies used, regulatory landscape, and market share, have been provided in the report.
A detailed analysis of the competitive landscape is presented in the report, comprising companies such as Tanin Sevnica, Silvateam, Penn A Kem, Lenzing, KRBL, Illovo, Hongye Holding, Central Romana and Arcoy. Other prominent players are Hebei Furan International, Zhucheng Taisheng, Novel Organic, Furnova Polymers, Shangdong Ruide Chemical, Welldon Trading and Zibo Xinye Chemical.. Details related to the sales that each of these firms have registered, tactics used to sustain in the industry, individual company profiles, market share, and position in the global chemical industry have been outlined in the report.
North America furfural market will foresee significant growth owing to increasing pharmaceutical sector in the region will raise the demand of the product market. Moreover, high number of food & beverage industry in the region has accelerated the demand for flavourings. Latin America product market is rapidly changing due to industrialization which has raised the demand for various metals, in turn, flourishing the market size.
Europe is second largest furfural market due to rising regulations created by REACH in using eco-friendly chemical products. Rising awareness regarding furfural among customers has accelerated the market demand.
The study also consists of important information pertaining to the restraints that are likely to hamper the market growth through the forecast duration.
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Regional analysis covers:
Middle East and Africa Furfural Market (UAE, Egypt, Saudi Arabia, South Africa, Nigeria)
North America Furfural Market (Canada, Mexico, U.S.)
Asia Pacific Furfural Market (India, China, Korea, Southeast Asia)
South America Furfural Market (Argentina, Brazil, Colombia)
Europe Furfural Market (UK, Italy, Germany, France, Russia)
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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