Press release
2,5-Furandicarboxylic Acid Market Intelligence Report Provides Potential Growth for 2024 to 2031 - Merck KGaA, AVA Biochem AG & Otto Chemie Pvt. Ltd
25-Furandicarboxylic Acid Market || 2024-2031
DataM Intelligence has published a new research report on "25-Furandicarboxylic Acid Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. . The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
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Furandicarboxylic acid (FDCA) is a renewable and bio-based chemical compound with the formula C6_66H4_44(COOH)2_22. It is considered one of the most promising biochemicals for replacing petroleum-based plastics, particularly in the production of polyethylene furanoate (PEF), a potential alternative to polyethylene terephthalate (PET). FDCA is derived from 5-hydroxymethylfurfural (HMF), which can be obtained from carbohydrates like glucose and fructose. The use of FDCA in the production of PEF provides significant advantages, including superior barrier properties for carbon dioxide and oxygen, which make it ideal for packaging applications. Moreover, PEF is fully recyclable and has a lower carbon footprint compared to PET, aligning with growing environmental sustainability trends. FDCA's applications are expanding beyond PEF into other areas, including polyamides, polyurethanes, and plasticizers, which are important in various industries like automotive, textiles, and coatings.
Key Developments:
➤ In January 2023, Henkel, a leading German chemicals manufacturer, entered into an agreement with Avantium to acquire FDCA for the development of sustainable polyurethane adhesives for electronic applications.
➤ In February 2023, Avantium N.V., a prominent technology company specializing in renewable chemistry, partnered with Origin Materials, Inc., a U.S.-based company focused on sustainable materials, to accelerate the production of FDCA for use in advanced chemicals and plastics.
Research Process:
Both primary and secondary data sources have been used in the global 25-Furandicarboxylic Acid Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
List of the Key Players in the 25-Furandicarboxylic Acid Market:
Merck KGaA, AVA Biochem AG, Otto Chemie Pvt. Ltd., Avantium, Toronto Research Chemicals, V & V Pharma Industries, Tokyo Chemical Industry Co., Ltd., Thermo Fisher Scientific, AstaTech, Inc. and Novamont S.p.A.
Segment Covered in the 25-Furandicarboxylic Acid Market:
By Type: 99%, 98%, 97%, and Others.
By Raw Materials: Carbohydrate and Renewable Biomass.
By Application: Polyester, Polyamides, Polycarbonates, Plasticizers, Polyester Polyols, and Others.
By End-User: Chemicals, Pharmaceuticals, Scientific Research and Others.
Regional Analysis:
The global 25-Furandicarboxylic Acid Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global 25-Furandicarboxylic Acid Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The 25-Furandicarboxylic Acid Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of 25-Furandicarboxylic Acid manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of 25-Furandicarboxylic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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The research study aims to address the following key questions:
➡What is the expected growth rate of the 25-Furandicarboxylic Acid Market during the forecast period of 2031?
➡What key factors are driving the 25-Furandicarboxylic Acid Market across various regions?
➡Who are the leading vendors in the 25-Furandicarboxylic Acid industry, and what strategies contribute to their success?
➡What is the anticipated market scope for the projected period?
➡What major trends are influencing the industry's growth in the coming years?
➡What challenges does the 25-Furandicarboxylic Acid Market face?
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