openPR Logo
Press release

Furfuryl Alcohol Market Size to Grow at a Steady Rate During Forecast Period (2015-2025)

08-22-2017 04:21 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Furfuryl Alcohol Market Size to Grow at a Steady Rate During

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.

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

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.

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.

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

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.

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 Size to Grow at a Steady Rate During Forecast Period (2015-2025) here

News-ID: 680081 • Views:

More Releases from Future Market Insights

Extruded Snacks Market to Reach USD 170.3 Billion by 2035 Amid Health and Convenience Revolution
Extruded Snacks Market to Reach USD 170.3 Billion by 2035 Amid Health and Conven …
A new market analysis released today projects the global extruded snacks market to surge from an estimated USD 89.9 billion in 2025 to USD 170.3 billion by 2035, demonstrating a robust Compound Annual Growth Rate (CAGR) of 6.6%. The market is set to deliver an impressive absolute dollar opportunity of USD 80.4 billion over the forecast period, driven by a global consumer shift towards convenient, shelf-stable, and healthier snack options. The
Global Banana Flakes Market Soars to USD 876.1 million by 2035, Driven by Health & Clean-Label Trends
Global Banana Flakes Market Soars to USD 876.1 million by 2035, Driven by Health …
A new market analysis reveals the global banana flakes market is set to expand significantly, projecting a robust Compound Annual Growth Rate (CAGR) of 4.6% from 2025 to 2035. The market, valued at USD 559.6 million in 2025, is forecast to reach USD 876.1 million by 2035, fueled by a rising consumer preference for natural, gluten-free, and plant-based ingredients in daily food choices. This press release offers a detailed look into
Confectionery Fillings Market Sweetens Global Outlook, Projected to Reach USD 2.2 Billion by 2035
Confectionery Fillings Market Sweetens Global Outlook, Projected to Reach USD 2. …
The global confectionery fillings market is poised for significant growth, with a new market analysis revealing a robust expansion fueled by a surge in consumer demand for innovative flavors and indulgent textures. According to the analysis, the market is estimated at USD 1381.2 million in 2025 and is projected to reach USD 2207.4 million by 2035, exhibiting a healthy compound annual growth rate (CAGR) of 4.8% during the forecast period. The
Water Softener Market to Skyrocket to USD 8.7 Billion by 2035, Driven by Smart Technology and Hard Water Crisis
Water Softener Market to Skyrocket to USD 8.7 Billion by 2035, Driven by Smart T …
A new market analysis reveals the global water softener market is poised for significant expansion, with a forecasted value of USD 8.7 billion by 2035. The report, covering the period from 2025 to 2035, projects a robust Compound Annual Growth Rate (CAGR) of 8.3%, up from an estimated USD 3.9 billion valuation in 2025. This surge is fueled by a combination of factors, including increasing consumer awareness of hard water's

All 5 Releases


More Releases for Furfuryl

Key Trends Reshaping the Furfuryl Alcohol Market: Advancements In Environmentall …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. Furfuryl Alcohol Market Size Growth Forecast: What to Expect by 2025? Over the past few years, there has been a significant expansion in the furfuryl alcohol market. The market is predicted to rise from $0.59 billion in 2024 to $0.63 billion in 2025, implying a compound annual growth rate
Advancements In Environmentally Friendly Furfuryl Alcohol Resins Trend: A Crucia …
Which drivers are expected to have the greatest impact on the over the furfuryl alcohol market's growth? The increasing demand for foundries is expected to drive the growth of the furfuryl alcohol market. The demand for foundries is rising due to industrialization and infrastructure development, requiring more metal castings. Furfuryl alcohol is used in foundries to strengthen sand molds, improving the durability of metal castings. For instance, in March 2023, the
Furfuryl Alcohol Market Projected to Show Strong Growth| Xingtai Chunlei Furfury …
Global Furfuryl Alcohol Market Report from MR Forecast highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player's market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved
Sustainable Solutions: The Growing Demand for Furfuryl Alcohol
The Business Research Company recently released a comprehensive report on the Global Furfuryl Alcohol Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. According to The Business Research Company's, the furfuryl alcohol market
Furfuryl Alcohol Market Size | Share | Global Analysis 2022-2028
The global furfuryl alcohol market size was valued at USD 510 billion in 2021 and is poised to grow at a significant CAGR of 7.5% during the forecast period 2022-28. Furfuryl alcohol, sometimes called 2-furylmethanol or 2-furancarbinol, is a colorless or pale yellow chemical molecule. Furfuryl alcohol, which has the molecular formula C4H3OCH2OH, is utilized in a variety of industrial processes. A hydroxymethyl group replaces the furan circle hydrogen in
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$