5-hydroxymethylfurfural (5-HMF) Market Research Report 2024 | Valuates Reports

The global market for 5-hydroxymethylfurfural (5-HMF) was estimated to be worth US$ 60 million in 2023 and is forecast to a readjusted size of US$ 67 million by 2030 with a CAGR of 1.6% during the forecast period 2024-2030

Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-20S13081/Global_5_hydroxymethylfurfural_5_HMF_Market_Research_Report_2023

This report studies the 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) market. Hydroxymethylfurfural (HMF), also 5-(hydroxymethyl) furfural, is an organic compound formed by the dehydration of certain sugars. It is a white low-melting solid (although commercial samples are often yellow) which is highly soluble in both water and organic solvents. The molecule consists of a furan ring, containing both aldehyde and alcohol functional groups. HMF can form in sugar-containing food, particularly as a result of heating or cooking and this formation has been the topic of significant study as HMF is regarded as being potentially carcinogenic to humans. Hydroxymethylfurfural is a marker of poor or overlong storage of foods such as honey. It is produced industrially on a modest scale as a carbon-neutral feedstock for the production of fuels and other chemicals.

Global 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) key players include AVA Biochem, Robinson Brothers, Penta Manufacturer, NBB Company, Beijing Lys Chemicals, etc. Global top five manufacturers hold a share about 95%. Europe is the largest market, with a share about 90%, followed by China and North America, both with a share about 5 percent. In terms of product, Industrial Grade is the largest segment, with a share about 70%. And in terms of application, the largest application is Flavor & Fragrance Industry, followed by Pharmaceutical Industry, etc.

By Type
• Industrial Grade 5-HMF
• Food Grade 5-HMF

By Application
• Flavor and Fragrance
• Pharmaceutical

Key Players
AVA Biochem, Robinson Brothers, Penta Manufacturer, NBB Company, Sugar Energy, Beijing Lys Chemicals, Xuzhou Ruisai Technology, Wutong Aroma Chemicals

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-20S13081/global-5-hydroxymethylfurfural-5-hmf

Email Id:
Please reach us at sales@valuates.com

Address:
Valuates,
4th Floor,
Balaraj's Arcade,
Whitefield Main road,
Bangalore 560066

Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

This release was published on openPR.