Report overview
Furfural is an aldehyde that is furan with the hydrogen at position 2 substituted by a formyl group. It has a role as a Maillard reaction product and a metabolite. It is a member of furans and an aldehyde.
This report aims to provide a comprehensive presentation of the global market for Furfural, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Furfural. This report contains market size and forecasts of Furfural in global, including the following market information:
Global Furfural Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Furfural Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Furfural companies in 2022 (%)
The global Furfural market was valued at US$ 841.6 million in 2022 and is projected to reach US$ 1110.3 million by 2029, at a CAGR of 4.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
China is the largest furfural market with about 77% market share. North America is follower, accounting for about 10% market share.The key manufacturers are Hongye Chemical, Lenzing, Penn A Kem,etc. Top 3 companies occupied about 18% market share.In terms of product,purity 98.5% is the largest segment, with a share over 68%. And in terms of application, the largest application is furfural alcohol, followed by solvent.
We surveyed the Furfural manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Furfural Market, by Purity, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Furfural Market Segment Percentages, by Purity, 2022 (%)
Purity 99%
Purity 98.5%
Others
Global Furfural Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Furfural Market Segment Percentages, by Application, 2022 (%)
Furfural Alcohol
Solvent
Others
Global Furfural Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Furfural Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Furfural revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Furfural revenues share in global market, 2022 (%)
Key companies Furfural sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Furfural sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hongye Chemical
Lenzing
Penn A Kem
Central Romana
Illovo Sugar
Hebei Xingtai Chunlei
Silvateam
Shijiazhuang Guangxin Weiye
Zhucheng Taisheng Chemical
Zibo Huaao Chemical
Henan Huilong Chemical
Pingquan Fengsheng Chemical
Outline of Major Chapters:
Chapter 1: Introduces the definition of Furfural, market overview.
Chapter 2: Global Furfural market size in revenue and volume.
Chapter 3: Detailed analysis of Furfural manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by purity, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Furfural in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Furfural capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
