openPR Logo
Press release

Furfuryl Alcohol Market Forecast and Opportunity Assessment by Future Market Insights

07-17-2017 11:26 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Furfuryl Alcohol Market Forecast and Opportunity Assessment

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 nitric acid and red fuming nitric acid.

Increasing demand for bio-based products owing to increasing awareness among consumers coupled with rising environmental regulations is expected to drive the market. This alcohol finds application in plastic industry. Increasing demand for plastics in the construction and paints industry is anticipated to drive the furfuryl market over the next few years. Bio-based resins and paints are gaining demand from developed countries due to the presence of strict environmental regulations. However, the safety issues regarding transportation and export rules of different developing countries are expected to restrain the market growth. Research and development in the field of rocketry is expected to provide immense opportunities for manufacturers of furfuryl alcohol in the near future.

Request For Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-371

Asia Pacific was the largest producer and consumer of furfuryl alcohol in which China contributes to the highest consumption. Proximity to raw material and increasing applications in plastics and resins are expected to drive the market. Europe follows Asia Pacific in consumption owing to increase in the application area of furfuryl alcohol. Research activities in the field of rocketry fuel are expected to provide opportunity for furfuryl alcohol market in this region. North America is expected to grow at a faster pace owing to increase in availability of raw materials and rising demand from construction and paints industry.

Key players in this market include DynaChem Inc., The Chemical Company, Hongye Chemical Co. Ltd, Penn A Kem LLC, Nova Molecular technologies, Continetal Industries Group Inc., Shenzhen Shu Hang Industrial Development Co. Ltd., SolvChem Inc., NeuChem Inc., SweetLake Chemical Ltd., Ideal Chemical & Supply Company, Novasynorganics, International Process Plants among others.

Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-371

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

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 and Opportunity Assessment by Future Market Insights here

News-ID: 626737 • Views: 144

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Furfuryl

Furfural and Furfuryl Alcohol Market Size, Share, Development by 2024
Market Research Report Store offers a latest published report on Furfural and Furfuryl Alcohol Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-furfural-and-furfuryl-alcohol-market_p104708.html Furfural is the most important
Furfuryl Alcohol Market Estimated to Exhibit 6.0% CAGR through 2028
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 - 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
Furfuryl Alcohol Market Expansion to be Persistent During 2015-2025
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
Global Furfuryl Alcohol Market - Strategic Assessment and Forecast Till 2022
ReportsMonitor.Com Adds Global Furfuryl Alcohol Market Research Report 2017 to Its Database. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Furfuryl Alcohol in these regions, from 2012 to 2022 (forecast), covering North America Europe China Japan Southeast Asia India Global Furfuryl Alcohol market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including CJ Chemical International Furan Chemicals