The global furfural and furfuryl alcohol market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for furfural and furfuryl alcohol in various applications such as dyes, synthetic fibres, rubber, pesticides, foundry and medicine. Furfural is used as a precursor for the production of phenol-formaldehyde resins which are used in various applications such as adhesives and coatings. Furfuryl alcohol is used in the production of polyester resins which are widely used in textile industry due to their excellent properties such as high heat resistance and low shrinkage rate.
The global furan derivatives market has been segmented on the basis of type into furan derivatives (furan resin), phenol-formaldehyde resin (PF) and polyester resin (PE). On the basis of application it has been segmented into dyes & pigments, synthetic fibres & textiles, rubber & plastics, pesticides & fertilizers, foundry products & metal casting agents and medicine products. On the basis of region it has been segmented into North America (NA), Latin America (LA), Europe (EU), Asia Pacific excluding Japan (APeJ)and Middle East & Africa(MEA).
Some Of The Growth Factors Of This Market:
- The global Furfural and Furfuryl Alcohol market is driven by the increasing demand for biofuels in developing countries such as China, India, Brazil, and Indonesia.
- The global Furfural and Furfuryl Alcohol market is also driven by the increasing demand for furan resins in various industries such as adhesives & sealants, coatings & paints, plastics & polymers, rubber chemicals & elastomers, textile auxiliaries & finishes etc, which are used in various applications such as adhesives for woodworking joints or sealing joints between two pieces of metal or plastic; coatings that provide protection against corrosion; paints that provide protection against weathering; plastics that provide strength to products like pipes or containers; polymers that are used to make synthetic fibers like nylon or rayon; rubber chemicals that are used to make tires more durable etc; elastomers which are used in making hoses and gaskets etc; textile auxiliaries which are used in making carpets or clothing fabrics etc; finishes which protect surfaces from wear-and-tear caused by friction etc, thereby providing durability to products made from these materials.
- Increasing demand for furan resins from various industries has led to an increase in production of furan resins globally leading to an increase in production of furfurals leading to an increase in production of furfurals leading to an increase in production of furfurals leading to an increasein production of furfurals leadingto an increasementin producitonof furoyl alcohols.
Industry Growth Insights published a new data on “Furfural and Furfuryl Alcohol Market”. The research report is titled “Furfural and Furfuryl Alcohol Market research by Types (Furfural, Furfuryl Alcohol), By Applications (Dyes, Synthetic Fibres, Rubber, Pesticides, Foundry, Medicine, Other), By Players/Companies Aurus Speciality Company Limited, Central Romana Corporation, Hebei Xingtai Chunlei Furfuryl Alcohol, Henan Huilong Chemical, Hongye Holding Group Corporation Limited, Illovo Sugar Africa, Penn A Kem, Shanxi Province Gaoping Chemical, Silvateam”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Furfural and Furfuryl Alcohol Market Research Report
By Type
Furfural, Furfuryl Alcohol
By Application
Dyes, Synthetic Fibres, Rubber, Pesticides, Foundry, Medicine, Other
By Companies
Aurus Speciality Company Limited, Central Romana Corporation, Hebei Xingtai Chunlei Furfuryl Alcohol, Henan Huilong Chemical, Hongye Holding Group Corporation Limited, Illovo Sugar Africa, Penn A Kem, Shanxi Province Gaoping Chemical, Silvateam
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Furfural and Furfuryl Alcohol Market Report Segments:
The global Furfural and Furfuryl Alcohol market is segmented on the basis of:
Types
Furfural, Furfuryl Alcohol
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Dyes, Synthetic Fibres, Rubber, Pesticides, Foundry, Medicine, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aurus Speciality Company Limited
- Central Romana Corporation
- Hebei Xingtai Chunlei Furfuryl Alcohol
- Henan Huilong Chemical
- Hongye Holding Group Corporation Limited
- Illovo Sugar Africa
- Penn A Kem
- Shanxi Province Gaoping Chemical
- Silvateam
Highlights of The Furfural and Furfuryl Alcohol Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Furfural
- Furfuryl Alcohol
- By Application:
- Dyes
- Synthetic Fibres
- Rubber
- Pesticides
- Foundry
- Medicine
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Furfural and Furfuryl Alcohol Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Furfural and furfuryl alcohol are two types of organic compounds that are used in the production of plastics. Furfural is a compound that is made from carbon and hydrogen atoms, while furfuryl alcohol is a compound made from carbon, hydrogen, and oxygen atoms.
Some of the major players in the furfural and furfuryl alcohol market are Aurus Speciality Company Limited, Central Romana Corporation, Hebei Xingtai Chunlei Furfuryl Alcohol, Henan Huilong Chemical, Hongye Holding Group Corporation Limited, Illovo Sugar Africa, Penn A Kem, Shanxi Province Gaoping Chemical, Silvateam.
The furfural and furfuryl alcohol market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Furfural and Furfuryl Alcohol Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Furfural and Furfuryl Alcohol Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Furfural and Furfuryl Alcohol Market - Supply Chain
4.5. Global Furfural and Furfuryl Alcohol Market Forecast
4.5.1. Furfural and Furfuryl Alcohol Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Furfural and Furfuryl Alcohol Market Size (000 Units) and Y-o-Y Growth
4.5.3. Furfural and Furfuryl Alcohol Market Absolute $ Opportunity
5. Global Furfural and Furfuryl Alcohol Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Furfural and Furfuryl Alcohol Market Size and Volume Forecast by Type
5.3.1. Furfural
5.3.2. Furfuryl Alcohol
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Furfural and Furfuryl Alcohol Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Furfural and Furfuryl Alcohol Market Size and Volume Forecast by Application
6.3.1. Dyes
6.3.2. Synthetic Fibres
6.3.3. Rubber
6.3.4. Pesticides
6.3.5. Foundry
6.3.6. Medicine
6.3.7. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Furfural and Furfuryl Alcohol Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Furfural and Furfuryl Alcohol Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Furfural and Furfuryl Alcohol Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Furfural and Furfuryl Alcohol Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Furfural and Furfuryl Alcohol Demand Share Forecast, 2019-2026
9. North America Furfural and Furfuryl Alcohol Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Furfural and Furfuryl Alcohol Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Furfural and Furfuryl Alcohol Market Size and Volume Forecast by Application
9.4.1. Dyes
9.4.2. Synthetic Fibres
9.4.3. Rubber
9.4.4. Pesticides
9.4.5. Foundry
9.4.6. Medicine
9.4.7. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Furfural and Furfuryl Alcohol Market Size and Volume Forecast by Type
9.7.1. Furfural
9.7.2. Furfuryl Alcohol
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Furfural and Furfuryl Alcohol Demand Share Forecast, 2019-2026
10. Latin America Furfural and Furfuryl Alcohol Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Furfural and Furfuryl Alcohol Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Furfural and Furfuryl Alcohol Market Size and Volume Forecast by Application
10.4.1. Dyes
10.4.2. Synthetic Fibres
10.4.3. Rubber
10.4.4. Pesticides
10.4.5. Foundry
10.4.6. Medicine
10.4.7. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Furfural and Furfuryl Alcohol Market Size and Volume Forecast by Type
10.7.1. Furfural
10.7.2. Furfuryl Alcohol
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Furfural and Furfuryl Alcohol Demand Share Forecast, 2019-2026
11. Europe Furfural and Furfuryl Alcohol Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Furfural and Furfuryl Alcohol Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Furfural and Furfuryl Alcohol Market Size and Volume Forecast by Application
11.4.1. Dyes
11.4.2. Synthetic Fibres
11.4.3. Rubber
11.4.4. Pesticides
11.4.5. Foundry
11.4.6. Medicine
11.4.7. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Furfural and Furfuryl Alcohol Market Size and Volume Forecast by Type
11.7.1. Furfural
11.7.2. Furfuryl Alcohol
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Furfural and Furfuryl Alcohol Demand Share, 2019-2026
12. Asia Pacific Furfural and Furfuryl Alcohol Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Furfural and Furfuryl Alcohol Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Furfural and Furfuryl Alcohol Market Size and Volume Forecast by Application
12.4.1. Dyes
12.4.2. Synthetic Fibres
12.4.3. Rubber
12.4.4. Pesticides
12.4.5. Foundry
12.4.6. Medicine
12.4.7. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Furfural and Furfuryl Alcohol Market Size and Volume Forecast by Type
12.7.1. Furfural
12.7.2. Furfuryl Alcohol
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Furfural and Furfuryl Alcohol Demand Share, 2019-2026
13. Middle East & Africa Furfural and Furfuryl Alcohol Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Furfural and Furfuryl Alcohol Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Furfural and Furfuryl Alcohol Market Size and Volume Forecast by Application
13.4.1. Dyes
13.4.2. Synthetic Fibres
13.4.3. Rubber
13.4.4. Pesticides
13.4.5. Foundry
13.4.6. Medicine
13.4.7. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Furfural and Furfuryl Alcohol Market Size and Volume Forecast by Type
13.7.1. Furfural
13.7.2. Furfuryl Alcohol
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Furfural and Furfuryl Alcohol Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Furfural and Furfuryl Alcohol Market: Market Share Analysis
14.2. Furfural and Furfuryl Alcohol Distributors and Customers
14.3. Furfural and Furfuryl Alcohol Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Aurus Speciality Company Limited
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Central Romana Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hebei Xingtai Chunlei Furfuryl Alcohol
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Henan Huilong Chemical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hongye Holding Group Corporation Limited
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Illovo Sugar Africa
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Penn A Kem
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shanxi Province Gaoping Chemical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Silvateam
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
