Press release
2,5-Furandicarboxylic Acid Market Set for Rapid Growth with Bio-Based Plastic Demand - Most Leading Companies are Merck KGaA, AVA Biochem AG, Otto Chemie Pvt. Ltd.
2,5-Furandicarboxylic Acid (FDCA) Market reached USD 253.9 million in 2022 and is expected to reach USD 1,513.0 million by 2031, growing with a CAGR of 25.0% during the forecast period 2024-2031.2,5-Furandicarboxylic Acid (Fdca) market holds a leading position in the industry and is thoroughly examined in the DataM Intelligence study, which provides a comprehensive analysis supported by robust statistics, historical data, and actionable insights. The report evaluates key industry players by analyzing their product portfolios, pricing strategies, financial performance, and expansion initiatives. It offers a clear understanding of market dynamics, competitive positioning, and the emerging trends shaping the industry's future.
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2,5-Furandicarboxylic Acid (FDCA) is a bio-based organic compound with the molecular formula C6H4O5. It consists of a furan ring substituted with two carboxylic acid groups at the 2 and 5 positions. FDCA is considered a key building block for the production of renewable polymers, especially polyethylene furanoate (PEF), which is a potential sustainable alternative to petroleum-based plastics like PET. FDCA is typically derived from fructose or glucose via hydroxymethylfurfural (HMF) and is recognized for its environmental benefits in the development of biodegradable and recyclable materials.
Leading Companies Operating in the 2,5-Furandicarboxylic Acid (Fdca) 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.
Research Process:
Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.
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Segment Covered in the 2,5-Furandicarboxylic Acid (Fdca) 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 for 2,5-Furandicarboxylic Acid (Fdca) Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
2,5-Furandicarboxylic Acid (Fdca) Industry Development:
In January 2023, Henkel, a leading German chemical manufacturer, entered into an agreement with Avantium to procure FDCA for the development of sustainable polyurethane adhesives intended for electronic applications.
In February 2023, Avantium N.V., an emerging technology company specializing in renewable chemistry, announced a strategic partnership with Origin Materials, Inc., a U.S.-based sustainable materials firm, to accelerate the large-scale production of FDCA for use in advanced chemicals and high-performance plastics.
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
Frequently asked questions:
➠ What is the global sales value, production value, consumption value, import and export of 2,5-Furandicarboxylic Acid (Fdca) market?
➠ Who are the global key manufacturers of the 2,5-Furandicarboxylic Acid (Fdca) Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the 2,5-Furandicarboxylic Acid (Fdca) market opportunities and threats faced by the vendors in the global 2,5-Furandicarboxylic Acid (Fdca) Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the 2,5-Furandicarboxylic Acid (Fdca) market?
➠ What are the different sales, marketing, and distribution channels in the global industry?
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