Global Furfural Market Growth 2025-2031

Global Furfural Market Growth 2025-2031

The global Furfural market size is predicted to grow from US$ 884 million in 2025 to US$ 1143 million in 2031; it is expected to grow at a CAGR of 4.4% from 2025 to 2031.

Furfural is an aldehyde that is furan with the hydrogen at position 2 substituted by a formyl group. It has a role as a Maillard reaction product and a metabolite. It is a member of furans and an aldehyde.

China is the largest furfural market with about 77% market share. North America is follower, accounting for about 10% market share.The key manufacturers are Hongye Chemical, Lenzing, Penn A Kem,etc. Top 3 companies occupied about 18% market share.In terms of product,purity 98.5% is the largest segment, with a share over 68%. And in terms of application, the largest application is furfural alcohol, followed by solvent.

LP Information, Inc. (LPI) ' newest research report, the “Furfural Industry Forecast” looks at past sales and reviews total world Furfural sales in 2024, providing a comprehensive analysis by region and market sector of projected Furfural sales for 2025 through 2031. With Furfural sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Furfural industry.

This Insight Report provides a comprehensive analysis of the global Furfural landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Furfural portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Furfural market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Furfural and breaks down the forecast by Purity, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Furfural.

This report presents a comprehensive overview, market shares, and growth opportunities of Furfural market by product type, application, key manufacturers and key regions and countries.

Segmentation by Purity:
Purity 99%
Purity 98.5%
Others

Segmentation by Application:
Furfural Alcohol
Solvent
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Furfural market?

What factors are driving Furfural market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Furfural market opportunities vary by end market size?

How does Furfural break out by Purity, by Application?