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5-hydroxymethylfurfural (5-HMF) Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

06-13-2024 08:18 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

5-hydroxymethylfurfural (5-HMF) Market Size
The global 5-hydroxymethylfurfural (5-HMF) market is projected to reach US$ 67 million by 2030 from an estimated US$ 61 million in 2024, at a CAGR of 1.6% during 2024 and 2030.

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5-hydroxymethylfurfural (5-HMF) Market
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.

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Segment by Type
• Industrial Grade 5-HMF
• Food Grade 5-HMF

Segment by Application
• Flavor and Fragrance
• Pharmaceutical
• Others

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

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

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