The global furfural derivatives market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for furfural derivatives in various applications such as chemicals, agriculture, pharmaceuticals, paints and coatings, and resins. Furfural derivatives are used in various applications such as chemicals, agriculture, pharmaceuticals, paints and coatings and resins. Furfural derivatives are used in various applications such as chemicals (e.g., furoic acid), agriculture (e.g., tetrahydrofuran), pharmaceuticals (e.g., 2-5 furandicarboxylic acid) paints and coatings (e.g., tetrahydrofuran) and resins (e.g., poly tetrahydrofuran).
Furoic acid is one of the most widely used derivative of furfuryl alcohol which is obtained by hydrolysis or hydrogenation of furoic acid esters or by oxidation with nitric acid followed by hydrolysis with water or sulfur dioxide gas; it has a variety of uses including use as an intermediate for organic synthesis products like acetic anhydride; it also finds application in textile industry where it acts as a dyeing agent for cellulose fibers; moreover it finds application in production of phenol formaldehyde resin which is extensively used for manufacturing plywood panels; furthermore its use can be seen in production of phenolic resin which is extensively used for manufacturing plywood panels.
Some Of The Growth Factors Of This Market:
- The global Furfural Derivatives market is driven by the increasing demand for bio-based products and renewable energy sources, which are majorly derived from furan derivatives such as furfuryl alcohol and furfuraldehyde.
- The increasing demand for bio-based products and renewable energy sources is also driving the growth of the global Furfural Derivatives market.
- Increasing population in developing countries such as China and India will drive the growth of this market.
- Increasing awareness about environmental issues will also drive this market.
Industry Growth Insights published a new data on “Furfural Derivatives Market”. The research report is titled “Furfural Derivatives Market research by Types (Furoic Acid, Tetrahydrofurfuryl Alcohol (THFA), 2, 5 - Furandicarboxylic Acid (FDCA), Tetrahydrofuran (THF), Methyl Tetrahydrofuran (MeTHF), Poly Tetrahydrofuran (Poly THF)), By Applications (Chemicals, Agriculture, Pharmaceuticals, Paints and coatings, Resins), By Players/Companies Ashland, Avantium, BASF, DynaChem, Hongye Chemical, Corbion, Sinochem Qingdao, Penn A Kem, Nova Molecular, Mitsubishi Chemical”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Furfural Derivatives Market Research Report
By Type
Furoic Acid, Tetrahydrofurfuryl Alcohol (THFA), 2, 5 - Furandicarboxylic Acid (FDCA), Tetrahydrofuran (THF), Methyl Tetrahydrofuran (MeTHF), Poly Tetrahydrofuran (Poly THF)
By Application
Chemicals, Agriculture, Pharmaceuticals, Paints and coatings, Resins
By Companies
Ashland, Avantium, BASF, DynaChem, Hongye Chemical, Corbion, Sinochem Qingdao, Penn A Kem, Nova Molecular, Mitsubishi Chemical
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Furfural Derivatives Market Report Segments:
The global Furfural Derivatives market is segmented on the basis of:
Types
Furoic Acid, Tetrahydrofurfuryl Alcohol (THFA), 2, 5 - Furandicarboxylic Acid (FDCA), Tetrahydrofuran (THF), Methyl Tetrahydrofuran (MeTHF), Poly Tetrahydrofuran (Poly THF)
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
Chemicals, Agriculture, Pharmaceuticals, Paints and coatings, Resins
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:
- Ashland
- Avantium
- BASF
- DynaChem
- Hongye Chemical
- Corbion
- Sinochem Qingdao
- Penn A Kem
- Nova Molecular
- Mitsubishi Chemical
Highlights of The Furfural Derivatives 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:
- Furoic Acid
- Tetrahydrofurfuryl Alcohol (THFA)
- 2, 5 - Furandicarboxylic Acid (FDCA)
- Tetrahydrofuran (THF)
- Methyl Tetrahydrofuran (MeTHF)
- Poly Tetrahydrofuran (Poly THF)
- By Application:
- Chemicals
- Agriculture
- Pharmaceuticals
- Paints and coatings
- Resins
- 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 Derivatives 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
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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 derivatives are chemicals that are created when furan and aldehyde react. Furfural derivatives can be found in many different types of products, including plastics, paints, and solvents.
Some of the major companies in the furfural derivatives market are Ashland, Avantium, BASF, DynaChem, Hongye Chemical, Corbion, Sinochem Qingdao, Penn A Kem, Nova Molecular, Mitsubishi Chemical.
The furfural derivatives 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 Derivatives 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 Derivatives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Furfural Derivatives Market - Supply Chain
4.5. Global Furfural Derivatives Market Forecast
4.5.1. Furfural Derivatives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Furfural Derivatives Market Size (000 Units) and Y-o-Y Growth
4.5.3. Furfural Derivatives Market Absolute $ Opportunity
5. Global Furfural Derivatives 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 Derivatives Market Size and Volume Forecast by Type
5.3.1. Furoic Acid
5.3.2. Tetrahydrofurfuryl Alcohol (THFA)
5.3.3. 2, 5 - Furandicarboxylic Acid (FDCA)
5.3.4. Tetrahydrofuran (THF)
5.3.5. Methyl Tetrahydrofuran (MeTHF)
5.3.6. Poly Tetrahydrofuran (Poly THF)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Furfural Derivatives 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 Derivatives Market Size and Volume Forecast by Application
6.3.1. Chemicals
6.3.2. Agriculture
6.3.3. Pharmaceuticals
6.3.4. Paints and coatings
6.3.5. Resins
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Furfural Derivatives 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 Derivatives 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 Derivatives 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 Derivatives 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 Derivatives Demand Share Forecast, 2019-2029
9. North America Furfural Derivatives 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 Derivatives 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 Derivatives Market Size and Volume Forecast by Application
9.4.1. Chemicals
9.4.2. Agriculture
9.4.3. Pharmaceuticals
9.4.4. Paints and coatings
9.4.5. Resins
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Furfural Derivatives Market Size and Volume Forecast by Type
9.7.1. Furoic Acid
9.7.2. Tetrahydrofurfuryl Alcohol (THFA)
9.7.3. 2, 5 - Furandicarboxylic Acid (FDCA)
9.7.4. Tetrahydrofuran (THF)
9.7.5. Methyl Tetrahydrofuran (MeTHF)
9.7.6. Poly Tetrahydrofuran (Poly THF)
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 Derivatives Demand Share Forecast, 2019-2029
10. Latin America Furfural Derivatives 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 Derivatives 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 Derivatives Market Size and Volume Forecast by Application
10.4.1. Chemicals
10.4.2. Agriculture
10.4.3. Pharmaceuticals
10.4.4. Paints and coatings
10.4.5. Resins
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Furfural Derivatives Market Size and Volume Forecast by Type
10.7.1. Furoic Acid
10.7.2. Tetrahydrofurfuryl Alcohol (THFA)
10.7.3. 2, 5 - Furandicarboxylic Acid (FDCA)
10.7.4. Tetrahydrofuran (THF)
10.7.5. Methyl Tetrahydrofuran (MeTHF)
10.7.6. Poly Tetrahydrofuran (Poly THF)
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 Derivatives Demand Share Forecast, 2019-2029
11. Europe Furfural Derivatives 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 Derivatives 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 Derivatives Market Size and Volume Forecast by Application
11.4.1. Chemicals
11.4.2. Agriculture
11.4.3. Pharmaceuticals
11.4.4. Paints and coatings
11.4.5. Resins
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Furfural Derivatives Market Size and Volume Forecast by Type
11.7.1. Furoic Acid
11.7.2. Tetrahydrofurfuryl Alcohol (THFA)
11.7.3. 2, 5 - Furandicarboxylic Acid (FDCA)
11.7.4. Tetrahydrofuran (THF)
11.7.5. Methyl Tetrahydrofuran (MeTHF)
11.7.6. Poly Tetrahydrofuran (Poly THF)
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 Derivatives Demand Share, 2019-2029
12. Asia Pacific Furfural Derivatives 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 Derivatives 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 Derivatives Market Size and Volume Forecast by Application
12.4.1. Chemicals
12.4.2. Agriculture
12.4.3. Pharmaceuticals
12.4.4. Paints and coatings
12.4.5. Resins
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Furfural Derivatives Market Size and Volume Forecast by Type
12.7.1. Furoic Acid
12.7.2. Tetrahydrofurfuryl Alcohol (THFA)
12.7.3. 2, 5 - Furandicarboxylic Acid (FDCA)
12.7.4. Tetrahydrofuran (THF)
12.7.5. Methyl Tetrahydrofuran (MeTHF)
12.7.6. Poly Tetrahydrofuran (Poly THF)
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 Derivatives Demand Share, 2019-2029
13. Middle East & Africa Furfural Derivatives 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 Derivatives 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 Derivatives Market Size and Volume Forecast by Application
13.4.1. Chemicals
13.4.2. Agriculture
13.4.3. Pharmaceuticals
13.4.4. Paints and coatings
13.4.5. Resins
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Furfural Derivatives Market Size and Volume Forecast by Type
13.7.1. Furoic Acid
13.7.2. Tetrahydrofurfuryl Alcohol (THFA)
13.7.3. 2, 5 - Furandicarboxylic Acid (FDCA)
13.7.4. Tetrahydrofuran (THF)
13.7.5. Methyl Tetrahydrofuran (MeTHF)
13.7.6. Poly Tetrahydrofuran (Poly THF)
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 Derivatives Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Furfural Derivatives Market: Market Share Analysis
14.2. Furfural Derivatives Distributors and Customers
14.3. Furfural Derivatives Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ashland
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Avantium
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BASF
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DynaChem
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 Chemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Corbion
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sinochem Qingdao
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Penn A Kem
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nova Molecular
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mitsubishi Chemical
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
