Global Furfural Solvent Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Furfural Solvent market size was valued at USD 50 million in 2023 and is forecast to a readjusted size of USD 67 million by 2030 with a CAGR of 4.0% during review period.
Furfural is an aldehyde of furan and is a yellow oily liquid in pure form, but tends to turn brown upon prolonged exposure to air and moisture. Furfural is used as a selective solvent for refining lubricating oils and rosin, and to improve the characteristics of diesel fuel and catalytic cracker recycle stocks.
The Global Info Research report includes an overview of the development of the Furfural Solvent industry chain, the market status of Petroleum Refining (Furfuryl Alcohol, Solvents), Agricultural Formulations (Furfuryl Alcohol, Solvents), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Furfural Solvent.
Regionally, the report analyzes the Furfural Solvent 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 Furfural Solvent market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Furfural Solvent 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 Furfural Solvent 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 (K MT), revenue generated, and market share of different by Type (e.g., Furfuryl Alcohol, Solvents).
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 Furfural Solvent market.
Regional Analysis: The report involves examining the Furfural Solvent 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 Furfural Solvent market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Furfural Solvent:
Company Analysis: Report covers individual Furfural Solvent 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 Furfural Solvent This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Petroleum Refining, Agricultural Formulations).
Technology Analysis: Report covers specific technologies relevant to Furfural Solvent. It assesses the current state, advancements, and potential future developments in Furfural Solvent areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Furfural Solvent 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
Furfural Solvent market is split by Type and by Application. For the period 2019-2030, 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
Furfuryl Alcohol
Solvents
Pharmaceuticals
Chemical Intermediates
Market segment by Application
Petroleum Refining
Agricultural Formulations
Paints & Coatings
Pharmaceuticals
Major players covered
Transfurans Chemicals
Illovo Sugar
Teijing North Furfural
Goodrich Sugar & Chemical
Alchem Chemical
Linzi Organic Chemical
Xing Tai Chunlei Furfural Alcohol
Penn Specialty Chemicals
BASF
The Good Scents
Furfural Espanol
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 Furfural Solvent product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Furfural Solvent, with price, sales, revenue and global market share of Furfural Solvent from 2019 to 2024.
Chapter 3, the Furfural Solvent competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Furfural Solvent breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
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 2023.and Furfural Solvent market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
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 Furfural Solvent.
Chapter 14 and 15, to describe Furfural Solvent sales channel, distributors, customers, research findings and conclusion.