Press release
Global Furfural Market was valued at USD 494.1 million in 2020 and is anticipated to reach USD 762.8 million by 2027, exhibiting a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period.
Global Furfural Market
Maximize Market Research Pvt. Ltd., a renowned market research company based in Pune, India, has recently published a comprehensive market research report on the Furfural Market, revealing valuable insights and predictions for the industry's future.
Get to Know More About This Market Study:https://www.maximizemarketresearch.com/market-report/global-furfural-market/27396/
The report covers market trends from 2016, projecting market developments until 2027, with 2020 serving as the base year. Special attention is given to the significant impact of the COVID-19 pandemic on the Furfural market, both in terms of demand and supply, and its enduring effects over the following two years. The report offers strategic analysis of companies that performed well during the lockdown period.
Request a Free Sample Copy or View Report Summary:https://www.maximizemarketresearch.com/request-sample/27396
What are Global Furfural Market Dynamics?
Maximize Market Research Pvt. Ltd. is pleased to present a thorough assessment of the Furfural Market, offering insights, historical data, industry-validated market information, and projections based on rigorous methodology and assumptions. The report not only elucidates the dynamics of the Furfural market but also delves into market segmentation and global market size analysis. Additionally, it provides a competitive analysis of key market players, considering product offerings, pricing, financial position, product portfolios, growth strategies, and regional presence. To address shareholder inquiries and guide future investments, the report incorporates PEST analysis, PORTER's analysis, and SWOT analysis.
Increasing Demand for Furfural Alcohol: Furfural alcohol, derived from furfural, is crucial in foundry sand binder manufacturing. Its high reactivity has made it a primary component in metal core and mold production, with growing demand anticipated in India's foundry sector. This sector is projected to grow at a CAGR of 13.0 to 14.0% until 2027, fueling demand for furfuryl alcohol.
Availability of Crude Oil-Based Alternatives: The availability of cheaper crude oil-based products has impacted the furfural market. While furan resin is used in foundry binders, phenolic resin, a crude oil derivative, is considered more cost-effective. Similarly, butanediol (BDO) is used in the textile sector to produce PTMEG, reducing the preference for THF, another furfural derivative.
Request For Free Inquiry Report:https://www.maximizemarketresearch.com/inquiry-before-buying/27396
What is Global Furfural Market Regional Insight?
Asia Pacific takes the lead in the global furfural market, attributed to the increasing presence of end-user industries such as petroleum refineries, pharmaceuticals, paints & coatings, agricultural formulations, and more.
Request For Free Sample Report:https://www.maximizemarketresearch.com/request-sample/27396
What is Global Furfural Market Segmentation?
by Raw material
• Corn Cob
• Rice Husk
• Sugarcane Bagasse
• Others
by End-user
• Agriculture
• Refineries
• Pharmaceuticals
by Application
• Furfuryl alcohol
• Solvent
• Intermediate
• Others
Purchase Report : https://www.maximizemarketresearch.com/market-report/global-furfural-market/27396/
Who are Global Furfural Market Key Players?
• Central Romana
• Hongye Holding
• Illovo Sugar Ltd.
• Lenzing AG
• Penn A Kem LLC
• Silvateam S.p.A.
• Tanin Senvica d.d.
• Aurus Specialty Company
• Henan Huilong Chemical Co.
• Shandong Crownchem
• Tieling North Furfural
• Transfuran Chemicals
• Central Romana Co
• Tanin
• Hebeichem
• Linzi Organic Chemical
• Arcoy
Table of content for the Global Furfural Market includes:
Global Furfural Market: Research Methodology
Global Furfural Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Furfural Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Market Size, Share, Size & Forecast by different segment |
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Contact Maximize Market Research:
MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
🖂 sales@maximizemarketresearch.com
🌐 www.maximizemarketresearch.com
About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Furfural Market was valued at USD 494.1 million in 2020 and is anticipated to reach USD 762.8 million by 2027, exhibiting a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period. here
News-ID: 3272626 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Courier Services Market Set to Surge to USD 712 Billion by 2032 with a 5.8% CAGR
The Courier Services Market size was valued at USD 453.56 Billion in 2024 and the total Courier Services revenue is expected to grow at a CAGR of 5.8% from 2025 to 2032, reaching nearly USD 712.07 Billion.
Courier Services Market Overview
The global Courier Services Market has experienced significant growth, driven by the rising adoption of e-commerce, growing Internet penetration, and changing consumer lifestyles. Courier services provide quick, door-to-door delivery solutions for…
WealthTech Solutions Market Set to Triple by 2030 with a Robust 15.58% CAGR
WealthTech Solutions Market was valued at USD 6.47 Billion in 2023, and it is expected to reach USD 17.83 Billion by 2030, exhibiting a CAGR of 15.58% during the forecast period (2024-2030).
WealthTech Solutions Market Overview
The global WealthTech Solutions Market is undergoing a transformative phase, driven by changing customer preferences, digital innovation, and evolving financial landscapes. WealthTech solutions provide digital tools and platforms that enhance operational efficiency for financial advisors, wealth…
Rapid Test Market Projected to Reach USD 80.07 Billion by 2032 with 8.81% CAGR G …
Global Rapid Test Market size was valued at USD 40.75 Bn. in 2024 and the total Rapid Test Market is expected to grow by 8.81% from 2025 to 2032, reaching nearly USD 80.07 Bn.
Rapid Test Market Overview
The global Rapid Test Market is witnessing significant growth, driven by the increasing demand for fast, accessible diagnostic solutions across healthcare settings and home-care applications. Rapid tests are designed to detect the presence of…
Agarwood Oil Market Set to Approach USD 497 Million by 2032, Driven by 5.42% CAG …
Global Agarwood Oil Market size is expected to reach nearly US$ 496.84 Mn by 2032 with the CAGR of 5.42% during the forecast period.
Agarwood Oil Market Overview
Agarwood Oil, derived from the resinous wood of Aquilaria trees primarily found in Southeast Asia, is highly valued for its aromatic and therapeutic properties. Formed when the wood is infected by yeast, pests, or microbes, the oil possesses antimicrobial, antioxidant, anti-inflammatory making it widely…
More Releases for Furfural
Furfural Solvent Market: A Comprehensive Overview
The global market for furfural solvent has been experiencing notable growth, driven by its diverse industrial applications and sustainability advantages. Furfural, an organic compound derived from agricultural byproducts, primarily plays a significant role in the chemical industry as a solvent and intermediate. As industries continue to seek environmentally friendly alternatives to conventional solvents, the demand for furfural is expected to rise. In this post, we will explore the furfural solvent…
Furfural Market Surges as Industries Embrace Sustainable Chemical Solutions | In …
The global furfural market was valued at $1.2 billion in 2019 and is projected to reach $2.0 billion by 2027, growing at a CAGR of 6.9% from 2020 to 2027, according to a new report published by Allied Market Research. The report provides a comprehensive analysis of market size & estimations, top winning strategies, value chain analysis, business performance, major segments, and competitive landscape.
𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗣𝗗𝗙 𝗕𝗿𝗼𝗰𝗵𝘂𝗿𝗲: https://www.alliedmarketresearch.com/request-sample/1819
In 2019, the rice…
Furfural Solvent Market 2021 Status and Growth Outlook - Alchem Chemical Co., Fu …
The Furfural Solvent Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The furfural solvent market is…
Global Furfural Derivatives Market Snapshot Upto 2024
The global furfural derivatives market is characterized by the presence of several industry giants and is set to witness the rise in both large and small enterprises. Transparency Market Research (TMR) recently compiled a business intelligence report that distinguishes the market by names such as Hongye Chemical Co Ltd., Avantium, Ashland Inc., Mitsubushi Chemical and DynaChem Inc. The market is predicted to witness high level of competition, compelling the market…
Furfural Market Set to Boom 2018
Furfural Market Report, published by Allied Market Research, forecasts that the global market is expected to reach $1,434 million by 2022 from $663 million in 2015, with a CAGR of 11.6%. Furfural based on corn cob and sugarcane bagasse raw materials together accounted for half of the market share in 2015, in terms of revenue.
The economic development in emerging economies is expected to boost the demand for furfural during the…
Furfural Derivatives Market - Evolving Industry Trends 2024
The global furfural derivatives market has been prophesied by Transparency Market Research (TMR) to arrive at a situation where the degree of rivalry could stay high all through the course of the forecast period 2016–2024. The competition in the world market could intensify on account of a growing number of small and large players making their presence known in the furfural derivatives industry. Pricing has had its part played in…
