Press release
Furfuryl Alcohol Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
How Will the Furfuryl Alcohol Market Grow, and What Is the Projected Market Size?The size of the furfuryl alcohol market has experienced robust growth over the past few years. The market value is predicted to rise from $0.59 billion in 2024 to $0.63 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 7.7%. Factors contributing to the growth during the historic period include the availability of agricultural byproducts, growing usage of furfuryl alcohol across diverse industries, an increase in the usage of furan resins in a range of applications, environmental rulings, and economic development.
Predictions indicate a robust expansion in the furfuryl alcohol market in the upcoming years. The market is forecasted to escalate to a value of $0.84 billion by 2029, maintaining a compound annual growth rate (CAGR) of 7.5%. Factors conducive to this growth during the forecast period include the adoption of sustainable methods, regulatory backing, variability in availability and expense of raw materials, increased inclination towards green chemistry, and expansion in the foundry industry. The forecast period will also witness major trends such as technological innovation, escalation in R&D expenditure, commitment to green chemistry, enhancement in supply chain processes, and shifting customer preferences.
What Are the Main Catalysts for Growth in the Furfuryl Alcohol Market?
The furfuryl alcohol market's projected expansion is fueled by the mounting demand for foundries. Foundries, essentially factories for melting and moulding metals, are witnessing increased demand in view of the surging industrialization and infrastructural development that necessitate extensive metal casting for diverse industries. Furfuryl alcohol is indispensable in foundries, being employed as a binder for elevating the strength and longevity of foundry sand molds and cores, thereby escalating the quality of casting. To illustrate, the American Foundry Society reported in March 2023 that, driven by growth in foundries' demand, casting sales in the U.S. foundry industry surged from $43.3 billion in 2021 to $46.3 billion in 2022. Consequently, the escalating demand for foundries is poised to fuel the furfuryl alcohol market's growth.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16063&type=smp
Who Are the Major Industry Players Fueling Furfuryl Alcohol Market Expansion?
Major companies operating in the furfuryl alcohol market are Merck Group, Indorama Ventures Public Company Limited (IVL), Illovo Sugar Africa Ltd, Central Romana Corporation, Sinochem International Corp., Lenzing AG, Ashland Inc., KRBL Limited, Wego Chemical Group Inc, Sisco Research Laboratories Pvt. Ltd., Pennakem LLC, Nacalai Tesque Inc., Silvateam S.p.a., TCI Chemicals Pvt. Ltd., Nova Molecular Technologies Inc., DynaChem Inc., TransFurans Chemicals B.V., Hongye Chemical Co. Ltd., Aurus Specialty Company Limited, International Furan Chemicals B.V., Kanto Chemical Co. Inc., DalinYebo, Ottokemi, Junsei Chemical Co. Ltd., Leo Chemo Plast Pvt Ltd
Which Key Developments Are Influencing the Furfuryl Alcohol Market?
Major corporations active in the furfuryl alcohol market are prioritizing the creation of eco-friendly resins such as low-free furfuryl alcohol resins, in a bid to bolster sustainability and cater to the growing customer demand for products that are environmentally friendly. Low-free furfuryl alcohol resins result in decreased emissions by considerably lowering the amount of furfuryl alcohol, while preserving a casting performance comparable to conventional furan resins. For instance, ASK Chemicals, a company based in Germany and a provider of foundry consumables, rolled out MAGNASET technology in July 2022. This is a novel series of FNB binders showcasing reduced levels of free furfuryl alcohol and formaldehyde, along with an enhanced safety classification (lacks a skull and crossbones label). The casting performance of the MAGNASET resins is on a par with that of top-ranking furan resins (free FA: 50-95%), but drastically brings down free FA content to under 40%, which may curtail furfuryl alcohol emissions.
How Is the Segmentation of the Furfuryl Alcohol Market Defined?
The furfuryl alcohol market covered in this report is segmented -
1) By Source Type: Sugarcane Bagasse Raw Material, Corn Cob Raw Material, Other Sources
2) By Application: Corrosion Inhibitors, Solvents, Resins, Other Applications
3) By End User: Paints And Coatings, Agriculture, Foundry, Food And Beverages, Pharmaceuticals, Other End Users
Subsegments:
1) By Sugarcane Bagasse Raw Material: Bagasse (Sugarcane Fiber Waste), Sugarcane Waste (Stems Or Leaves)
2) By Corn Cob Raw Material: Corn Cob Residue, Corn Stover (Stalks, Leaves, Husks)
3) By Other Sources: Rice Husk, Wood Chips, Wheat Bran, Other Agricultural Residues (Barley Straw, Sorghum)
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/furfuryl-alcohol-global-market-report
What Is the Leading Region in the Furfuryl Alcohol Market?
Asia-Pacific was the largest region in the furfuryl alcohol market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the furfuryl alcohol market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Furfuryl Alcohol Global Market Report?
- Market Size Analysis: Analyze the Furfuryl Alcohol Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Furfuryl Alcohol Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Furfuryl Alcohol Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Furfuryl Alcohol Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16063
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Furfuryl Alcohol Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers here
News-ID: 3861206 • Views: …
More Releases from The Business Research Company

Tretten Or Novothirteen Market Forecast 2025-2034: Comprehensive Analysis And Gr …
"We've updated all our reports with current data on tariff changes, trade developments, and supply chain shifts affecting key industries.
What Is the Current Tretten Or Novothirteen Market Size and Its Estimated Growth Rate?
In recent years, the tretten or novothirteen market has expanded at a rate of XX (HCAGR). It's projected to increase from $XX million in 2024 to $XX million in 2025, reflecting a compound annual growth rate (CAGR) of…

Global TICE BCG Market Analysis 2025-2030: Growth Drivers, Challenges, And Oppor …
"We've updated all our reports with current data on tariff changes, trade developments, and supply chain shifts affecting key industries.
How Big Is the TICE BCG Market Size Expected to Be by 2034?
The scale of the TICE BCG market has amplified by XX (HCAGR) in the past few years. It is projected to expand from $XX million in 2024 to $XX million in 2025, with a compound annual growth rate (CAGR)…

Palynziq Industry Report 2025-2034: Market Dynamics, Drivers, And Forecasts
"We've updated all our reports with current data on tariff changes, trade developments, and supply chain shifts affecting key industries.
What Is the Projected Growth of the Palynziq Market?
The market size of Palynziq has seen a rise of XX(HCAGR) in the last few years. The projected growth is from $XX million in 2024 to $XX million in 2025, with the compound annual growth rate (CAGR) set at XX%. The historic surge…

Obizur Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunitie …
"We've updated all our reports with current data on tariff changes, trade developments, and supply chain shifts affecting key industries.
What Is the Current Obizur Market Size and Its Estimated Growth Rate?
The market size of obizur has seen a notable growth, with an HCAGR of XX in recent years. The market is projected to escalate from a valuation of $XX million in 2024 to $XX million in 2025, recording a compound…
More Releases for Furfuryl
Furfuryl Alcohol (CAS 98-00-0) Market Business Opportunities 2026 - Top Companie …
In its recently added report by UpMarketResearch.com has provided unique insights about Furfuryl Alcohol (CAS 98-00-0) Market for the given period. One of the main objectives of this report is to categorize the various dynamics of the market and to offer latest updates such as mergers and acquisitions, various technological developments, new entrants in the market, which make an impact on different segments.
This Furfuryl Alcohol (CAS 98-00-0) Market report is…
Furfuryl Alcohol Market: Well-established Foundry Industry in Asia to Delineate …
Furfuryl alcohol (C4H3OCH2OH), also known as 2-furylmethanol or 2-furancarbinol, is an organic compound containing a furan substituted with a hydroxymethyl group. Furfuryl alcohol is made from furfural by means of catalysis with hydrogen. It is colourless or pale yellow in appearance and finds adoption in various applications. As a result, the global market for furfuryl alcohol is expected to witness significant growth in 2018, reaching a market value of US$…
Furfuryl Alcohol Market 2018 Global Analysis By key Players – Xingtai Chunlei …
Furfuryl Alcohol Market 2018
Wiseguyreports.Com adds “Furfuryl Alcohol Market –Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025” To Its Research Database.
Report Details:
This report provides in depth study of “Furfuryl Alcohol Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Furfuryl Alcohol Market report also provides an in-depth survey of key players in the market which is based on the various objectives…
Furfuryl Alcohol Market - Global Industry Analysis 2024
Furfuryl Alcohol Market size may witness a significant growth over the foreseeable timeframe owing to application potential as polymer, wetting agent, solvents and adhesives. It is an organic compound obtained by furfuran catalytic reduction and considered as a green chemical.
Furfuryl alcohol is categorised under biopolymer obtained from eco-friendly sources. Increasing demand for bio polymers mainly and Europe and North America owing to rising environmental concerns and regulatory compliances may propel…
Global Furfuryl Alcohol - Emerging Markets in Developing Countries
Qyresearchreports include new market research report Furfuryl Alcohol to its huge collection of research reports.
The global Furfuryl Alcohol market has been deeply evaluated in this publication with the help of both primary and secondary research and useful inputs provided by industry experts. The analysts who have prepared the publication have been among the best in the lot with sound understanding about almost all vital aspects of the market. The publication…
Research Offers 10-Year Forecast on Furfuryl Alcohol Market
Furfuryl alcohol is an organic compound manufactured by catalytic reduction of furfuran. It is used in a wide range of applications such as solvents, foundry resins, plastics, wetting agents, adhesives and in gas hardening processes among others. The raw material furfuran is obtained from sugarcane bagasse, corn cobs, wheat bran and oats among others. It has application in rocketry as a hypergolic fuel which ignites readily in presence of fuming…