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Furfural Market by Raw material (Corn Cobs, Rice husk, Sugarcane Bagasse, and Others), Application (Furfuryl Alcohol, Solvent, and Others), and End User (Petroleum Refineries, Agricultural Formulations, Pharmaceuticals, Paints & Coatings, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A01490
Pages: 301
May 2020 | 10482 Views
 
Author(s) : Yamini Parihar, and Eswara Prasad
Tables: 56
Charts: 56
 

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Furfural Market Outlook - 2027

The global furfural market size was valued at $1.2 billion in 2019 and is anticipated to generate $2.0 billion by 2027. The market is projected to experience growth at a CAGR of 6.9% from 2020 to 2027.  

Furfural is an organic, renewable, nonpetroleum-based chemical feedstock derived from agricultural by-products. Agricultural residue such as corn cobs, rice husk, sugarcane bagasse, cotton husk, oat husk, almond husk, olive press cake, and others are widely used for furfural production. Furfural is colorless or a little yellowish chemical compound, which quickly darkens when exposed to air. Furfural production activity is based on pentosan-containing residues which is obtained from processing various agricultural or forest products. Furfural is processed in a digester under high-pressure steam, and is recovered by steam distillation, followed by water–furfural separation and purification. 

Furfural-Market,-2020-2027

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Furfural exhibits various properties such as corrosion resistance, thermosetting properties, and physical resistance making it ideal material for the production of resins. Moreover, it can be used in decoloring, refining, purification, and manufacturing processes which drives the demand.

The furfural market is segmented into raw material, application, end user, and region. By raw material, the market is divided corn cobs, rice husk, sugarcane bagasse, and others. The application segment is categorized into furfuryl alcohol, solvent, and others. By end user, the market is classified into petroleum refineries, agricultural formulations, paints & coatings, pharmaceuticals, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, the Middle East, and Africa).

The key players operating in the furfural market are Arcoy Industries Pvt. Ltd., Central Romana Corporation, Ltd., Hongye Holding Group Corporation, Illovo Group, KRBL Ltd., Lenzing AG, Penn A Kem LLC, Silvateam, Tanin Sevnica d.d and Tieling North Furfural (Group) Co. Ltd. The key players adopted various strategies such as agreement, joint ventures, new product launch, and business expansion to sustain the market competition.

Furfural Market, by Raw material 

Corn cobs furfural is the leading raw material segment, as it is highly versatile and is a key feedstock used during the manufacturing of various biofuels and chemical products. However, the sugarcane bagasse is the fastest growing during the forecast period, owing to its use in improving the viscosity index, oxidation stability, ignition characteristics, color, flash point, and to lower the carbon-forming tendency of fuel.

Furfural Market
By Raw Material

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Rice Husk is projected as the most lucrative segment.

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Furfural Market, by Application

By application, furfuryl alcohol is the dominating segment and is expected to continue to do so during the forecast period. Furfuryl alcohol is used in containers, tanks, lines, and valves to avoid potential leakage. Furthermore, it is used in corrosion resistant fiber-reinforced plastics and corrosion resistant cements & mortars as a reactive solvent.

Furfural Market
By Application

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Furfuryl Alcohol is projected as the most lucrative segment.

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Furfural Market, by End User

By end user, agricultural formulations dominated the market share owing to their use in revolutionized pesticides, fungicides, herbicides, and other synthetic chemical compounds. However, agricultural formulations will continue to grow at the highest CAGR during the forecast period owing to support from government organizations to promote the adoption of bio-based pesticides, fungicides, herbicides, and other chemical compounds.

Furfural Market
By End User

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Agricultural Formulations is projected as the most lucrative segment.

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Furfural Market, by Region

Region wise, Asia-Pacific dominated the global market for furfural. It is anticipated to grow with fastest CAGR during the forecast period, owing to economies such as China and India and growing pharmaceuticals, petroleum refineries, and agriculture sectors in the region, which fosters the demand for furfural.

Furfural Market
By Region

2027
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific is projected as the most lucrative market.

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Key Benefits For Stakeholders

  • The report provides an in-depth analysis and furfural market forecast along with the current and future market trends.

  • This report highlights the key drivers, opportunities, and restraints of the market along with the impact analyses during the forecast period.

  • Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the furfural industry for strategy building.

  • A comprehensive analysis of the factors that drive and restrain the furfural market growth is provided.

  • The qualitative data in this report aims on furfural market trends, dynamics, and developments. 

  • The furfural market size is provided in terms of revenue.

  • The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable furfural market share.

Key Market Segments

By Raw Material

  • Corn Cobs
  • Rice Husk
  • Sugarcane Bagasse
  • Others

By Application

  • Furfuryl Alcohol
  • Solvent
  • Others

By End User

  • Petroleum Refineries
  • Agricultural Formulations
  • Paints & Coatings
  • Pharmaceuticals
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific 
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific 
  • LAMEA
    • Brazil
    • South Africa
    • Saudi Arabia
    • Rest of LAMEA 

Key Players

  • Arcoy Industries Pvt. Ltd.
  • Central Romana Corporation, Ltd.
  • Hongye Holding Group Corporation
  • Illovo Group
  • KRBL Ltd.
  • Lenzing AG
  • Penn A Kem LLC
  • Silvateam
  • Tanin Sevnica d.d
  • Tieling North Furfural (Group) Co. Ltd.   
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET LANDSCAPE

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Key forces shaping the global furfural market
3.4.Pricing analysis
3.5.Value Chain Analysis
3.7.Patent analysis
3.8.Market dynamics

3.8.1.Drivers

3.8.1.1.Increase in awareness regarding the benefits of furfural
3.8.1.2.Easy availability of raw material

3.8.2.Restraints

3.8.2.1.Lack of technological advancement
3.8.2.2.Fluctuating prices of raw material

3.8.3.Opportunity

3.8.3.1.Increase in demand in emerging economies

CHAPTER 4:FURFURAL MARKET, BY RAW MATERIAL

4.1.Overview

4.1.1.Market size and forecast

4.2.Corn cobs

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region

4.3.Rice husk

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region

4.4.Sugarcane bagasse

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region

4.5.Others

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region

CHAPTER 5:FURFURAL MARKET, BY APPLICATION

5.1.Overview

5.1.1.Market size and forecast

5.2.Furfuryl alcohol

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region

5.3.Solvent

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region

5.4.Others

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region

CHAPTER 6:FURFURAL MARKET, BY END USER

6.1.Overview

6.1.1.Market size and forecast

6.2.Petroleum refineries

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region

6.3.Agricultural Formulations

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region

6.4.Paints & Coating

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region

6.5.Pharmaceuticals

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region

6.6.Others

6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast, by region

CHAPTER 7:FURFURAL MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by raw material
7.2.3.Market size and forecast, by application
7.2.4.Market size and forecast, by end user
7.2.5.Market share analysis, by country

7.2.6.U.S.

7.2.6.1.Market size and forecast, by raw material
7.2.6.2.Market size and forecast, by application
7.2.6.3.Market size and forecast, by end user

7.2.7.Canada

7.2.7.1.Market size and forecast, by raw material
7.2.7.2.Market size and forecast, by application
7.2.7.3.Market size and forecast, by end user

7.2.8.Mexico

7.2.8.1.Market size and forecast, by raw material
7.2.8.2.Market size and forecast, by application
7.2.8.3.Market size and forecast, by end user

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by raw material
7.3.3.Market size and forecast, by application
7.3.4.Market size and forecast, by end user
7.3.5.Market share analysis, by country
7.3.6.Germany

7.3.6.1.Market size and forecast, by raw material
7.3.6.2.Market size and forecast, by application
7.3.6.3.Market size and forecast, by end user

7.3.7.France

7.3.7.1.Market size and forecast, by raw material
7.3.7.2.Market size and forecast, by application
7.3.7.3.Market size and forecast, by end user

7.3.8.UK

7.3.8.1.Market size and forecast, by raw material
7.3.8.2.Market size and forecast, by application
7.3.8.3.Market size and forecast, by end user

7.3.9.Italy

7.3.9.1.Market size and forecast, by raw material
7.3.9.2.Market size and forecast, by application
7.3.9.3.Market size and forecast, by end user

7.3.10.Spain

7.3.10.1.Market size and forecast, by raw material
7.3.10.2.Market size and forecast, by application
7.3.10.3.Market size and forecast, by end user

7.3.11.Rest of Europe

7.3.11.1.Market size and forecast, by raw material
7.3.11.2.Market size and forecast, by application
7.3.11.3.Market size and forecast, by end user

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by raw material
7.4.3.Market size and forecast, by application
7.4.4.Market size and forecast, by end user
7.4.5.Market share analysis, by country
7.4.6.China

7.4.6.1.Market size and forecast, by raw material
7.4.6.2.Market size and forecast, by application
7.4.6.3.Market size and forecast, by end user

7.4.7.Japan

7.4.7.1.Market size and forecast, by raw material
7.4.7.2.Market size and forecast, by application
7.4.7.3.Market size and forecast, by end user

7.4.8.India

7.4.8.1.Market size and forecast, by raw material
7.4.8.2.Market size and forecast, by application
7.4.8.3.Market size and forecast, by end user

7.4.9.Australia

7.4.9.1.Market size and forecast, by raw material
7.4.9.2.Market size and forecast, by application
7.4.9.3.Market size and forecast, by end user

7.4.10.South Korea

7.4.10.1.Market size and forecast, by raw material
7.4.10.2.Market size and forecast, by application
7.4.10.3.Market size and forecast, by end user

7.4.11.Rest of Asia-Pacific

7.4.11.1.Market size and forecast, by raw material
7.4.11.2.Market size and forecast, by application
7.4.11.3.Market size and forecast, by end user

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by raw material
7.5.3.Market size and forecast, by application
7.5.4.Market size and forecast, by end user
7.5.5.Market share analysis, by country
7.5.6.Brazil

7.5.6.1.Market size and forecast, by raw material
7.5.6.2.Market size and forecast, by application
7.5.6.3.Market size and forecast, by end user

7.5.7.Saudi Arabia

7.5.7.1.Market size and forecast, by raw material
7.5.7.2.Market size and forecast, by application
7.5.7.3.Market size and forecast, by end user

7.5.8.South Africa

7.5.8.1.Market size and forecast, by raw material
7.5.8.2.Market size and forecast, by application
7.5.8.3.Market size and forecast, by end user

7.5.9.Rest of LAMEA

7.5.9.1.Market size and forecast, by raw material
7.5.9.2.Market size and forecast, by application
7.5.9.3.Market size and forecast, by end user

CHAPTER 8:COMPANY PROFILES

8.1.Arcoy Industries Pvt. Ltd.

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Product portfolio

8.2.Central Romana Corporation, Ltd.

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Product portfolio

8.3.Hongye Holdings Group Co., Ltd.

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Product portfolio

8.4.ILLOVO SUGAR AFRICA (PTY) LTD

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Product portfolio
8.4.4.Business performance

8.5.KRBL Ltd.

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Operating business segments
8.5.4.Product portfolio
8.5.5.Business performance

8.6.Lenzing AG

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Operating business segments
8.6.4.Product portfolio
8.6.5.Business performance

8.7.Penn A Kem LLC

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Product portfolio

8.8.Silvateam

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Operating business segments
8.8.4.Product portfolio

8.9.Tanin Sevnica d.d.

8.9.1.Company overview
8.9.2.Company Snapshot
8.9.3.Operating business segments
8.9.4.Product portfolio

8.10.Tieling North Furfural (Group) Co.

8.10.1.Company overview
8.10.2.Company snapshot

LIST OF TABLES

TABLE 01.PRICING ANALYSIS OF GLOBAL FURFURAL MARKET, BY REGION 2019-2027
TABLE 02.GLOBAL FURFURAL MARKET, BY RAW MATERIAL, 2019–2027 (KILOTON)
TABLE 03.GLOBAL FURFURAL MARKET, BY RAW MATERIAL, 2019–2027 ($MILLION)
TABLE 04.FURFURAL MARKET FOR CORN COBS, BY REGION, 2019–2027 (KILOTON)
TABLE 05.FURFURAL MARKET FOR CORN COBS, BY REGION, 2019–2027 ($MILLION)
TABLE 06.FURFURAL MARKET FOR RICE HUSK, BY REGION, 2019–2027 (KILOTON)
TABLE 07.FURFURAL MARKET FOR RICE HUSK, BY REGION, 2019–2027 ($MILLION)
TABLE 08.FURFURAL MARKET FOR SUGARCANE BAGASSE, BY REGION, 2019–2027 (KILOTON)
TABLE 09.FURFURAL MARKET FOR SUGARCANE BAGASSE, BY REGION, 2019–2027 ($MILLION)
TABLE 10.FURFURAL MARKET FOR OTHERS, BY REGION, 2019–2027 (KILOTON)
TABLE 11.FURFURAL MARKET FOR OTHERS, BY REGION, 2019–2027 ($MILLION)
TABLE 12.GLOBAL FURFURAL MARKET, BY APPLICATION, 2019–2027 (KILOTON)
TABLE 13.GLOBAL FURFURAL MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 14.FURFURAL MARKET FOR FURFURYL ALCOHOL, BY REGION, 2019–2027 (KILOTON)
TABLE 15.FURFURAL MARKET FOR FURFURYL ALCOHOL, BY REGION, 2019–2027 ($MILLION)
TABLE 16.FURFURAL MARKET FOR SOLVENT, BY REGION, 2019–2027 (KILOTON)
TABLE 17.FURFURAL MARKET FOR SOLVENT, BY REGION, 2019–2027 ($MILLION)
TABLE 18.FURFURAL MARKET FOR OTHERS, BY REGION, 2019–2027 (KILOTON)
TABLE 19.FURFURAL MARKET FOR OTHERS, BY REGION, 2019–2027 ($MILLION)
TABLE 20.GLOBAL FURFURAL MARKET, BY END USER, 2019–2027 (KILOTON)
TABLE 21.GLOBAL FURFURAL MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 22.FURFURAL MARKET FOR PETROLEUM REFINERIES, BY REGION, 2019–2027 (KILOTON)
TABLE 23.FURFURAL MARKET FOR PETROLEUM REFINERIES, BY REGION, 2019–2027 ($MILLION)
TABLE 24.FURFURAL MARKET FOR AGRICULTURAL FORMULATIONS, BY REGION, 2019–2027 (KILOTON)
TABLE 25.FURFURAL MARKET FOR AGRICULTURAL FORMULATIONS, BY REGION, 2019–2027 ($MILLION)
TABLE 26.FURFURAL MARKET FOR PAINTS & COATINGS, BY REGION, 2019–2027 (KILOTON)
TABLE 27.FURFURAL MARKET FOR PAINTS & COATINGS, BY REGION, 2019–2027 ($MILLION)
TABLE 28.FURFURAL MARKET FOR PHARMACEUTICALS, BY REGION, 2019–2027 (KILOTON)
TABLE 29.FURFURAL MARKET FOR PHARMACEUTICALS, BY REGION, 2019–2027 ($MILLION)
TABLE 30.FURFURAL MARKET FOR OTHERS, BY REGION, 2019–2027 (KILOTON)
TABLE 31.FURFURAL MARKET FOR OTHERS, BY REGION, 2019–2027 ($MILLION)
TABLE 32.FURFURAL MARKET, BY REGION, 2019-2027 (KILOTON)
TABLE 33.FURFURAL MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 34.NORTH AMERICA FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 35.NORTH AMERICA FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 36.NORTH AMERICA FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 37.NORTH AMERICA FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 38.NORTH AMERICA FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 39.NORTH AMERICA FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 40.NORTH AMERICA FURFURAL MARKET, BY COUNTRY, 2019-2027 (KILOTON)
TABLE 41.NORTH AMERICA FURFURAL MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 42.U.S. FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 43.U.S. FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 44.U.S. FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 45.U.S. FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 46.U.S. FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 47.U.S. FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 48.CANADA FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 49.CANADA FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 50.CANADA FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 51.CANADA FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 52.CANADA FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 53.CANADA FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 54.MEXICO FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 55.MEXICO FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 56.MEXICO FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 57.MEXICO FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 58.MEXICO FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 59.MEXICO FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 60.EUROPE FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 61.EUROPE FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 62.EUROPE FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 63.EUROPE FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 64.EUROPE FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 65.EUROPE FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 66.EUROPE FURFURAL MARKET, BY COUNTRY, 2019-2027 (KILOTON)
TABLE 67.EUROPE FURFURAL MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 68.GERMANY FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 69.GERMANY FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 70.GERMANY FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 71.GERMANY FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 72.GERMANY FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 73.GERMANY FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 74.FRANCE FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 75.FRANCE FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 76.FRANCE FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 77.FRANCE FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 78.FRANCE FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 79.FRANCE FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 80.UK FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 81.UK FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 82.UK FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 83.UK FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 84.UK FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 85.UK FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 86.ITALY FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 87.ITALY FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 88.ITALY FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 89.ITALY FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 90.ITALY FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 91.ITALY FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 92.SPAIN FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 93.SPAIN FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 94.SPAIN FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 95.SPAIN FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 96.SPAIN FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 97.SPAIN FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 98.REST OF EUROPE FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 99.REST OF EUROPE FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 100.REST OF EUROPE FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 101.REST OF EUROPE FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 102.REST OF EUROPE FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 103.REST OF EUROPE FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 104.ASIA-PACIFIC FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 105.ASIA-PACIFIC FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 106.ASIA-PACIFIC FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 107.ASIA-PACIFIC FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 108.ASIA-PACIFIC FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 109.ASIA-PACIFIC FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 110.ASIA-PACIFIC FURFURAL MARKET, BY COUNTRY, 2019-2027 (KILOTON)
TABLE 111.ASIA-PACIFIC FURFURAL MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 112.CHINA FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 113.CHINA FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 114.CHINA FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 115.CHINA FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 116.CHINA FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 117.CHINA FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 118.JAPAN FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 119.JAPAN FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 120.JAPAN FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 121.JAPAN FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 122.JAPAN FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 123.JAPAN FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 124.INDIA FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 125.INDIA FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 126.INDIA FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 127.INDIA FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 128.INDIA FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 129.INDIA FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 130.AUSTRALIA FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 131.AUSTRALIA FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 132.AUSTRALIA FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 133.AUSTRALIA FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 134.AUSTRALIA FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 135.AUSTRALIA FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 136.SOUTH KOREA FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 137.SOUTH KOREA FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 138.SOUTH KOREA FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 139.SOUTH KOREA FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 140.SOUTH KOREA FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 141.SOUTH KOREA FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 142.REST OF ASIA-PACIFIC FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 143.REST OF ASIA-PACIFIC FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 144.REST OF ASIA-PACIFIC FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 145.REST OF ASIA-PACIFIC FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 146.REST OF ASIA-PACIFIC FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 147.REST OF ASIA-PACIFIC FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 148.LAMEA FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 149.LAMEA FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 150.LAMEA FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 151.LAMEA FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 152.LAMEA FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 153.LAMEA FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 154.LAMEA FURFURAL MARKET, BY COUNTRY, 2019-2027 (KILOTON)
TABLE 155.LAMEA FURFURAL MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 156.BRAZIL FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 157.BRAZIL FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 158.BRAZIL FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 159.BRAZIL FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 160.BRAZIL FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 161.BRAZIL FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 162.SAUDI ARABIA FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 163.SAUDI ARABIA FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 164.SAUDI ARABIA FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 165.SAUDI ARABIA FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 166.SAUDI ARABIA FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 167.SAUDI ARABIA FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 168.SOUTH AFRICA FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 169.SOUTH AFRICA FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 170.SOUTH AFRICA FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 171.SOUTH AFRICA FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 172.SOUTH AFRICA FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 173.SOUTH AFRICA FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 174.REST OF LAMEA FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 (KILOTON)
TABLE 175.REST OF LAMEA FURFURAL MARKET, BY RAW MATERIAL, 2019-2027 ($MILLION)
TABLE 176.REST OF LAMEA FURFURAL MARKET, BY APPLICATION, 2019-2027 (KILOTON)
TABLE 177.REST OF LAMEA FURFURAL MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 178.REST OF LAMEA FURFURAL MARKET, BY END USER, 2019-2027 (KILOTON)
TABLE 179.REST OF LAMEA FURFURAL MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 180.ARCOY: COMPANY SNAPSHOT
TABLE 181.ARCOY: PRODUCT PORTFOLIO
TABLE 182.CENTRAL ROMANA: COMPANY SNAPSHOT
TABLE 183.CENTRAL ROMANA: PRODUCT PORTFOLIO
TABLE 184.HONGYE: COMPANY SNAPSHOT
TABLE 185.HONGYE: PRODUCT PORTFOLIO
TABLE 186.ILLOVO: COMPANY SNAPSHOT
TABLE 187.ILLOVO: PRODUCT PORTFOLIO
TABLE 188.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 189.KRBL LTD.: COMPANY SNAPSHOT
TABLE 190.KRBL LTD.: OPERATING SEGMENTS
TABLE 191.KRBL LTD.: PRODUCT PORTFOLIO
TABLE 192.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 193.LENZING AG: COMPANY SNAPSHOT
TABLE 194.LENZING AG: OPERATING SEGMENTS
TABLE 195.LENZING AG: PRODUCT PORTFOLIO
TABLE 196.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 197.PENN: COMPANY SNAPSHOT
TABLE 198.PENN: PRODUCT PORTFOLIO
TABLE 199.SILVATEAM: COMPANY SNAPSHOT
TABLE 200.SILVATEAM: OPERATING SEGMENTS
TABLE 201.SILVATEAM: PRODUCT PORTFOLIO
TABLE 202.TANIN: COMPANY SNAPSHOT
TABLE 203.TANIN: OPERATING SEGMENTS
TABLE 204.TANIN: PRODUCT PORTFOLIO
TABLE 205.TIELING: COMPANY SNAPSHOT

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY, BY SEGMENT
FIGURE 03.EXECUTIVE SUMMARY, BY REGION
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 06.LOW THREAT OF NEW ENTRANTS
FIGURE 07.LOW THREAT OF SUBSTITUTE
FIGURE 08.MODERATE COMPETITIVE RIVALRY
FIGURE 09.LOW BARGAINING POWER OF BUYERS
FIGURE 10.PRICING ANALYSIS OF GLOBAL FURFURAL MARKET, BY BASE MATERIAL 2019-2027
FIGURE 11.VALUE CHAIN ANALYSIS FURFURALS
FIGURE 12.PATENT ANALYSIS FURFURAL, BY COUNTRY (2000-2020)
FIGURE 13.FURFURAL MARKET DYNAMICS
FIGURE 14.GLOBAL FURFURAL MARKET, BY RAW MATERIAL, 2019–2027 ($MILILION)
FIGURE 15.COMPARATIVE ANALYSIS OF FURFURAL MARKET FOR CORN COBS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 16.COMPARATIVE ANALYSIS OF FURFURAL MARKET FOR RICE HUSK, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 17.COMPARATIVE ANALYSIS OF FURFURAL MARKET FOR SUGARCANE BAGASSE, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 18.COMPARATIVE ANALYSIS OF FURFURAL MARKET FOR OTHERS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 19.GLOBAL FURFURAL MARKET, BY APPLICATION, 2019–2027 ($MILILION)
FIGURE 20.COMPARATIVE ANALYSIS OF FURFURAL MARKET FOR FURFURYL ALCOHOL, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 21.COMPARATIVE ANALYSIS OF FURFURAL MARKET FOR SOLVENT, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 22.COMPARATIVE ANALYSIS OF FURFURAL MARKET FOR OTHERS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 23.GLOBAL FURFURAL MARKET, BY END USER, 2019–2027 ($MILILION)
FIGURE 24.COMPARATIVE ANALYSIS OF FURFURAL MARKET FOR PETROLEUM REFINERIES, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 25.COMPARATIVE ANALYSIS OF FURFURAL MARKET FOR AGRICULTURAL FORMULATIONS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 26.COMPARATIVE ANALYSIS OF FURFURAL MARKET FOR PAINTS & COATINGS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 27.COMPARATIVE ANALYSIS OF FURFURAL MARKET FOR PHARMACEUTICALS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 28.COMPARATIVE ANALYSIS OF FURFURAL MARKET FOR OTHERS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 29.U.S. FURFURAL MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 30.CANADA FURFURAL MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 31.MEXICO FURFURAL MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 32.GERMANY FURFURAL MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 33.FRANCE FURFURAL MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 34.UK FURFURAL MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 35.ITALY FURFURAL MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 36.SPAIN FURFURAL MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 37.REST OF EUROPE FURFURAL MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 38.CHINA FURFURAL MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 39.JAPAN FURFURAL MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 40.INDIA FURFURAL MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 41.AUSTRALIA FURFURAL MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 42.SOUTH KOREA FURFURAL MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 43.REST OF ASIA-PACIFIC FURFURAL MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 44.BRAZIL FURFURAL MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 45.SAUDI ARABIA FURFURAL MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 46.SOUTH AFRICA FURFURAL MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 47.REST OF LAMEA FURFURAL MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 48.ABF: REVENUE, 2017–2019 ($MILLION)
FIGURE 49.ABF: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 50.ABF: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 51.KRBL LTD.: REVENUE, 2016–2018 ($MILLION)
FIGURE 52.KRBL LTD.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 53.KRBL LTD.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 54.LENZING AG: REVENUE, 2017–2019 ($MILLION)
FIGURE 55.LENZING AG: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 56.LENZING AG: REVENUE SHARE BY REGION, 2019 (%)

 
 

Furfural provides superior and remarkable properties such as corrosion resistance, thermosetting properties, and physical resistance, which makes it suitable for the production of resins. Furfural as a solvent is used for refining lubricating oils and decolorizing agents. Supportive environmental regulations from agencies such as Environmental Protection Agency (EPA) of the U.S. and Registration Evaluation Authorization and Restriction of Chemicals (REACH) of Europe, concerning the development of bio-based products is also expected to have a positive impact on the growth of the furfural market during the forecast period. Increased environmental awareness regarding renewable alternatives and ease of availability of agricultural residue in the developing countries with a low production cost drive the market growth. Moreover, economic development in these emerging economies is expected to boost the demand for furfural during the forecast period. 

 

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FREQUENTLY ASKED QUESTIONS?
 

A. The market size for global furfural market was $1.2 billion in 2019.

A. The emerging players in the furfural industry are Arcoy Industries Pvt. Ltd., Central Romana Corporation, Ltd., Tanin Sevnica d.d and Tieling North Furfural (Group) Co. Ltd.

A. The major areas for development for furfural market are petroleum refineries, agricultural formulations and paints & coatings.

A. Agricultural formulations industry is projected to increase the demand for Furfural Market.

A. The emerging trends are increase in the consumption of furfural in Asia-Pacific, owing to the increase in demand for green chemical, environmental awareness to renewable alternatives, and availability of agro-products & wastes in these countries.

A. The most influencing segment of the market is corn cobs.

A. Asia-Pacific holds the maximum market share of the Furfural market.

A. Furfuryl alcohol is expected to drive the adoption of Furfural.

 

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