The global Furfural Market Report covers industry outlook, size, share, growth, trends, and estimation till 2025. In addition to this, the report provides an in-depth analysis of each segment with respect to the country as well as region coupled with market dynamics. Further, this report also highlights key players along with their market share and recent development.
The report also covers detailed competitive landscape
including company profiles of key players operating in the global market. The
key players in the furfural market include Arcoy Industries Pvt Ltd., Central
Romana Corporation Ltd., Hongye Holdings Group Co., Ltd., Illovo Sugar Ltd.,
Krbl Ltd., Lenzing Ag, Penn A Kem LLC, Silvateam, Tanin Sevnica D.D. and
Tieling North Furfural (Group) Co. among others. An in-depth view of the
competitive outlook includes future capacities, key mergers & acquisitions,
financial overview, partnerships, collaborations, new product launches, new
product developments and other developments with information in terms of H.Q.
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Market Dynamics
The rising demand of the product as a food additive and
intermediate in the synthesis of pharmaceutical, herbicide, insecticide, and
other synthetic compounds are fueling the market growth. Also, growing
awareness regarding green chemicals coupled with rising environmental concerns
is driving the market growth. Ongoing focus towards usage of renewable energy
sources to minimize dependency on fossil fuels is favoring the market growth.
Growing usage as feedstock or intermediate for the synthesis of furan-based
chemicals is further propelling market growth. In spite of this, the high cost
of production may act as a roadblock for market growth.
This detailed market study is centered on the data obtained
from multiple sources and is analyzed using numerous tools including porter’s
five forces analysis, market attractiveness analysis and value chain analysis.
These tools are employed to gain insights of the potential value of the market
facilitating the business strategists with the latest growth opportunities.
Additionally, these tools also provide a detailed analysis of each
application/product segment in the global market of furfural.
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Furfural Market Research Report with detailed TOC at https://www.valuemarketresearch.com/report/furfural-market
Market Segmentation
The broad furfural market has been sub-grouped into raw material,
application and end-user industry. The report studies these subsets with
respect to the geographical segmentation. The strategists can gain a detailed
insight and devise appropriate strategies to target specific market. This
detail will lead to a focused approach leading to identification of better
opportunities.
By Raw Material
·
Corn Cob
·
Rice Husk
·
Sugarcane Bagasse
·
Others
By Application
·
Furfuryl Alcohol
·
Solvent
By End-User Industry
·
Petroleum Refineries
·
Agricultural Formulations
·
Paints & Coating
·
Pharmaceuticals
·
Others
Regional Analysis
Furthermore, the report comprises of the geographical
segmentation, which mainly focuses on current and forecast demand for furfural
in North America, Europe, Asia Pacific, Latin America, and Middle East &
Africa. The report further focuses on demand for individual application
segments in all the regions.
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