Global Furfural Market: Industry Analysis, Geographical Segmentation, Drivers, Challenges, Trends Forecasts by 2021

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Furfural Market

The report on Furfural Market sheds light on the important developments impacting and increasing the growth of the Furfural Market industry including its restraints, drivers and prospects. The market report proposes complete synopsis of the market, covering several characteristics such as product definition, market breakdown based on several constraints, supply chain analysis, and the fundamental Key Players outlook.

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.

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

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Covered in this report:

The report covers the present scenario and the growth prospects of the Furfural Market for 2017-2021. To calculate the market size, the report considers the sales of Furfural Market s worldwide and exclude replacement and aftermarket sales and services.

Furfural Market 2017- 2021 Report, 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.

  • 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, and Zibo Huaao Chemical.

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Furfural Market Drivers, Trends and Challenges: –

Market driver

  • Growing global apparel Market
  • For a full, detailed list, view our report

Market challenge

  • Fluctuation in furfural prices
  • For a full, detailed list, view our report

Market trend

  • Increasing demand for green building
  • For a full, detailed list, view our report

The Furfural Market is divided into the following segments based on Geography:

  • Americas
  • APAC
  • EMEA

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 the key vendors in this market space?

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In a word, the Furfural Market report provides major statistics on the state of the Furfural Market industry and is a valuable source of guidance and direction for companies and individuals interested in the market.