Global Biobased Furfural Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
According to our (Global Info Research) latest study, the global Biobased Furfural market size was valued at USD 895.2 million in 2022 and is forecast to a readjusted size of USD 1194.8 million by 2029 with a CAGR of 4.2% during review period.
Industrially, hundreds of thousands of tons are produced worldwide from agricultural by-products such as corn cores and sugarcane bagasse. The raw material is treated under high-pressure steam and then recovered by distillation, allowing the separation of water and Furfural. It is attracting attention as an inexpensive, renewable, non-petroleum-based chemical feedstock derived from biomass.
The Global Info Research report includes an overview of the development of the Biobased Furfural industry chain, the market status of Furfural Alcohol (Purity 99%, Purity 98.5%), Solvent (Purity 99%, Purity 98.5%), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Biobased Furfural.
Regionally, the report analyzes the Biobased Furfural markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Biobased Furfural market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Biobased Furfural market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Biobased Furfural industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Tons), revenue generated, and market share of different by Type (e.g., Purity 99%, Purity 98.5%).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Biobased Furfural market.
Regional Analysis: The report involves examining the Biobased Furfural market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Biobased Furfural market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Biobased Furfural:
Company Analysis: Report covers individual Biobased Furfural manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Biobased Furfural This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Furfural Alcohol, Solvent).
Technology Analysis: Report covers specific technologies relevant to Biobased Furfural. It assesses the current state, advancements, and potential future developments in Biobased Furfural areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Biobased Furfural market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Biobased Furfural market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Purity 99%
Purity 98.5%
Others
Market segment by Application
Furfural Alcohol
Solvent
Others
Major players covered
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
Sappi
International Furan Chemicals BV
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Biobased Furfural product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Biobased Furfural, with price, sales, revenue and global market share of Biobased Furfural from 2018 to 2023.
Chapter 3, the Biobased Furfural competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Biobased Furfural breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Biobased Furfural market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Biobased Furfural.
Chapter 14 and 15, to describe Biobased Furfural sales channel, distributors, customers, research findings and conclusion.