Press release
FDCA Global Market Key Players - are Avantium Technologies BV; V & V Pharma Industries; TCI Chemicals (India) Pvt. Ltd
Market InsightsGlobal FDCA market is set to witness substantial CAGR in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising application of FDCA and increasing usage in variety of petrochemical are the factor for the market growth.
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FDCA is a chemical compound made up of two classes of carboxylic acids bound to a central furan channel. They are usually produced from different carbohydrates. FDCA is stable in nature and have high melting point. They are widely used in applications such as polyamides, plasticizers, polyester, polycarbonates, and others. They are also used as the initial material in the manufacturing of succinic acid.
Major Market Players Covered in The FDCA Market Are:
Few of the major competitors currently working in the global FDCA market are Avantium Technologies BV; V & V Pharma Industries; TCI Chemicals (India) Pvt. Ltd; AVA Biochem AG; trc-canada.com; Alfa Aesar, Thermo Fisher Scientific.; AstaTech, Inc.; Novamont S.p.A.; Eastman Chemical Company; Merck KGaA; Sai Carbohydrates.; GODAVARI BIOREFINERIES LTD.; BASF SE; among others.
Key Developments in the Market:
• In September 2017, Eastman Chemical Company and Origin Materials have signed a non-exclusive licensing agreement for Eastman to license its patented 2,5-Furandicarboxylic Acid and FDCA derivatives manufacturing technology from renewable resources to original materials. Eastman's technology is widely versatile and delivers crude FDCA, polymer grade FDCA, and polymer grade DMF. This technology will help the origin to produce FDCA monomer which can be used by them for production of films, PEF bottles, and other plastics
• In March 2016, BASF SE and Avantium Technologies BV announced that they have entered into exclusive agreements to set up a joint venture (JV) to manufacture and market furandicarboxylic acid and polyethylenefuranoate. For the development of FDCA, the JV will use the YXY process built by Avantium in its Amsterdam laboratories and the pilot plant in Geleen, Netherlands. This launch will help both the companies to strengthen their market position.
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Global FDCA Market Scope and Segments
By Application
o PET
o Polyamides
o Polycarbonates
o Plasticizers
o Polyester Polyols
o Others
By Type
o Dehydration Of Hexose Derivatives
o Oxidation Of 2,5-Disubstituted Furans
o Catalytic Conversions of Various Furan Derivatives
o Biological Conversion of Hmf
Regional Analysis
• Middle East and Africa
• North America
• South America
• Europe
• Asia-Pacific
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Strategic Points Covered in Table of Content of Global FDCA Market:
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
11. Company Landscape
12. Company Profiles
13. Related Reports
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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