Furfuryl Alcohol Market Size, Share, Trends, Analysis and Forecast 2021-2026

According to IMARC Group's latest report, titled "Furfuryl Alcohol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the global market grew at a CAGR of around 3% during 2015-2020. Furfuryl alcohol (C5H6O2) is a pale yellow or colorless organic compound primarily obtained from waste biomass, such as rice hulls, corncobs, sugarcane bagasse, etc. It can be manufactured by the catalytic reduction of furfuryl using nickel and copper chromium oxide or continuous vapor-phase hydrogenation of furfural. Furfuryl alcohol finds extensive application as a solvent in making dark corrosion-resistant resins that turns amber to black in the air. It can also be used for paint-removing cleaning purposes. Currently, furfuryl alcohol is widely adopted as a flavoring agent in the food and beverages (F&B) industry.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/furfuryl-alcohol-market/requestsample

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

𝐅𝐮𝐫𝐟𝐮𝐫𝐲𝐥 𝐀𝐥𝐜𝐨𝐡𝐨𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

The expanding construction sector is primarily driving the demand for furfuryl alcohol across the globe. Furthermore, it is utilized as a filler in the production of textiles, paints, plastics, etc., and as a binding agent for sand and other related products. Additionally, furfuryl alcohol is also used in surface treatments of metals, corrosion inhibitors, hardening agents, rust inhibitors, polishing agents, water repellants, etc., thereby propelling the market growth.

Apart from this, the rising product adoption for manufacturing roasters, paper plates, cutlery, etc., is further augmenting the market growth. Moreover, the increasing environmental concerns are also catalyzing the demand for furfuryl alcohol obtained from hydrolyzed biomass waste, which is expected to bolster the global market in the coming years. Looking forward, IMARC Group expects the furfuryl alcohol market to continue its moderate growth during 2021-2026.

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/checkout?id=3346&method=1

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐰𝐢𝐭𝐡 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

• DalinYebo
• Furnova Polymers Ltd
• Hebei Xingtai Chunlei Furfuryl Alcohol Co. Ltd.
• Hongye Holding Group Corporation Limited
• Illovo Sugar Africa (PTY) Ltd (Associated British Foods plc (ABF))
• NC Nature Chemicals Dr. Kruppa GmbH
• Pennakem LLC
• Shandong Crownchem Industries Co. Ltd.
• Silvateam S.p.a.
• TransFurans Chemicals bvba
• Xian Welldon Trading Co. Ltd.

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧:
• Resins
• Solvent
• Corrosion Inhibitors
• Others

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐄𝐧𝐝 𝐔𝐬𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:
• Foundry
• Agriculture
• Paints and Coatings
• Pharmaceuticals
• Food and Beverages
• Others

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐑𝐞𝐠𝐢𝐨𝐧:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂 & 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞𝐬: https://www.imarcgroup.com/request?type=report&id=3346&flag=C

𝐍𝐨𝐭𝐞: We are updating our reports, if you want the report with the latest primary and secondary data (2021-2026) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

𝐊𝐞𝐲 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭:

• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩:

Methanol Market: https://bit.ly/3Xr1uoM

Toluene Market: https://bit.ly/3XqDbY8

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