Global Furfural Market 2017-2021

  • ID: 4436106
  • Report
  • Region: Global
  • 73 pages
  • TechNavio
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FEATURED COMPANIES

  • Furnova
  • Harborchem
  • Hongye holding group
  • LINZI ORGANIC CHEMICAL
  • Silvateam
  • TCI Chemicals
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

About Furfural

Furfural is an organic compound derived from agricultural wastes such as corncobs, wheat bran, sugarcane bagasse, and oats. Furfural is the building block for polymers and solid elastomers in petrochemicals products. In recent years, furfural derivatives such as furan-2,5-dicarboxylic acid (FDCA), 5-hydroxymethylfurfural (HMF), and polytetrahydrofuran (poly-THF) have gained importance as fuel resources. Furfural is manufactured by conventional methods such as the Quaker Oats process. Also, it is produced directly from grain milling and processing method. Furfural is a colorless and oily liquid with an almond-like aroma. Its properties include thermosetting, corrosion resistance, and physical stress resistance.

The analysts forecast the global furfural market to grow at a CAGR of 12.31% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global furfural market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of furfural.

The market is divided into the following segments based on geography:
  • APAC
  • Europe
  • North America
  • ROW
The report, Global Furfural market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Harborchem
  • Hongye holding group
  • LENZING
  • Penn A Kem
  • TransFurans Chemicals
Other prominent vendors
  • Furnova
  • GoodRich Sugar
  • hebeichem
  • LINZI ORGANIC CHEMICAL
  • Silvateam
  • Tanin Sevnica
  • TCI Chemicals
  • Zhucheng Taisheng Chemical
  • Zibo Huaao Chemical
Market drivers
  • Growing global apparel market
  • For a full, detailed list, view the full report
Market challenges
  • Fluctuation in furfural prices
  • For a full, detailed list, view the full report
Market trends
  • Increasing demand for green building
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are thekey vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Furnova
  • Harborchem
  • Hongye holding group
  • LINZI ORGANIC CHEMICAL
  • Silvateam
  • TCI Chemicals
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Market outline
PART 05: MARKET LANDSCAPE
  • Market segmentation analysis
PART 06: MARKET SIZING
  • Market size and forecast 2016-2021
  • Five forces analysis
PART 07: MARKET SEGMENTATION BY APPLICATION
  • Segmentation by application
  • Comparison by application
  • Global furfural market for furfural alcohol
  • Global furfural market for solvents
  • Global furfural market for others
  • Market opportunity by application
PART 08: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • APAC – market size & forecast
  • Europe – market size & forecast
  • North America – market size & forecast
  • `ROW – market size & forecast
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Increasing demand for green building
  • Growing medical tourism
  • Shift toward natural ingredients in cosmetic products
PART 12: VENDOR LANDSCAPE
  • Competitive scenario
  • Key market vendors
  • Other prominent vendors
PART 13: KEY VENDOR ANALYSIS
  • Vendor Overview
PART 14: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Manufacturing process of furfural
Exhibit 02: Market segments
Exhibit 03: Global furfural market – Market size and forecast 2016-2021 ($ millions)
Exhibit 04: Global – Year over year growth 2017-2021 (%)
Exhibit 05: Five forces analysis 2016
Exhibit 06: Application – Market share 2016-2021 (%)
Exhibit 07: Comparison by application
Exhibit 08: Global furfural market for furfural alcohol ($ millions)
Exhibit 09: Global furfural market for furfural alcohol – Year over year growth 2017-2021 (%)
Exhibit 10: Global furfural market for solvents ($ millions)
Exhibit 11: Global furfural market for solvents – Year over year growth 2017-2021 (%)
Exhibit 12: Global furfural market for others ($ millions)
Exhibit 13: Global furfural market for others – Year over year growth 2017-2021 (%)
Exhibit 14: Market opportunity by application
Exhibit 15: Global – market size & forecast
Exhibit 16: Regional comparison
Exhibit 17: APAC – market size & forecast ($ millions)
Exhibit 18: APAC – Year over year growth 2017-2021 (%)
Exhibit 19: Europe – market size & forecast ($ millions)
Exhibit 20: Europe – Year over year growth 2017-2021 (%)
Exhibit 21: North America – market size & forecast ($ millions)
Exhibit 22: North America – Year over year growth 2017-2021 (%)
Exhibit 23: ROW– market size & forecast ($ millions)
Exhibit 24: ROW – Year over year growth 2017-2021 (%)
Exhibit 25: Key leading countries
Exhibit 26: Apparel market size projections by region 2016 and 2020 ($ billions)
Exhibit 27: Key vendors in global furfural market 2016
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FEATURED COMPANIES

  • Furnova
  • Harborchem
  • Hongye holding group
  • LINZI ORGANIC CHEMICAL
  • Silvateam
  • TCI Chemicals
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: – Global Furfural market 2017-2021

The author of the report recognizes the following companies as the key players in the global furfural market: Harborchem, Hongye holding group, LENZING, Penn A Kem, and TransFurans Chemicals.

Other Prominent Vendors in the market are: Furnova, GoodRich Sugar, hebeichem, LINZI ORGANIC CHEMICAL, Silvateam, Tanin Sevnica, TCI Chemicals, Zhucheng Taisheng Chemical, and Zibo Huaao Chemical.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Increasing demand for green building. The demand for green building constructions, which are aimed for eco-friendliness, energy-efficiency, and reduction of CO2 emissions, is growing rapidly. It is estimated that the global green building construction market in the US has grown at a CAGR of 25.38% during 2014-2016. Moreover, this expeditious growth is due to the tax benefits provided by the governments. For instance, the US government has adopted the Energy Policy Act of 2005, which includes tax incentives on energy-efficient products. As wood is one of the most energy-efficient building material, demand for wood in green buildings is growing rapidly. This is expected to fuel the demand for furfural used in the treatment of these materials.”

According to the report, one of the major drivers for this market is Growing global apparel market. The global apparel market is expected to grow at a faster pace in developing economies, such as India, China, and Brazil, than in developed economies. Growing brand consciousness and disposable income are spurring the growth of the global apparel market, encouraging garment and textile manufacturers to develop modern designs and apparel of high quality.

Further, the report states that one of the major factors hindering the growth of this market is Fluctuation in furfural prices. Furfural is mainly manufactured by natural raw materials such as corn cob, sugarcane bagasse, and rice husk. The market is considerably dependent on environmental and climatic conditions. Fluctuations in the prices of these seasonal raw materials have a significant impact on the price of furfural. These raw materials are used in several furfural applications. This has hampered the raw materials supply and resulted in high manufacturing cost for manufacturers. Also, the economic scenario plays a crucial role in the performance of the market. The pricing structure of raw materials differs from one region to another based on import and export tariffs. The uncertainty in economic activities affects the prices of raw materials and of furfural, thereby posing a challenge to the market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

  • Harborchem
  • Hongye holding group
  • LENZING
  • Penn A Kem
  • TransFurans Chemicals
  • Furnova
  • GoodRich Sugar
  • hebeichem
  • LINZI ORGANIC CHEMICAL
  • Silvateam
  • Tanin Sevnica
  • TCI Chemicals
  • Zhucheng Taisheng Chemical
  • Zibo Huaao Chemical
Note: Product cover images may vary from those shown
6 of 5
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