Global Furfural Solvent Market Growth 2023-2029

Global Furfural Solvent Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Furfural Solvent Industry Forecast” looks at past sales and reviews total world Furfural Solvent sales in 2022, providing a comprehensive analysis by region and market sector of projected Furfural Solvent sales for 2023 through 2029. With Furfural Solvent sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Furfural Solvent industry.

This Insight Report provides a comprehensive analysis of the global Furfural Solvent 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 Solvent portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Furfural Solvent market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Furfural Solvent and breaks down the forecast by type, 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 Solvent.

The global Furfural Solvent market size is projected to grow from US$ 61 million in 2022 to US$ 119.9 million in 2029; it is expected to grow at a CAGR of 119.9 from 2023 to 2029.

United States market for Furfural Solvent is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Furfural Solvent is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Furfural Solvent is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Furfural Solvent players cover Transfurans Chemicals, Illovo Sugar, Teijing North Furfural, Goodrich Sugar & Chemical, Alchem Chemical, Linzi Organic Chemical, Xing Tai Chunlei Furfural Alcohol, Penn Specialty Chemicals and BASF, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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

Market Segmentation:

Segmentation by type
Furfuryl Alcohol
Solvents
Pharmaceuticals
Chemical Intermediates

Segmentation by application
Petroleum Refining
Agricultural Formulations
Paints & Coatings
Pharmaceuticals

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 analyzing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

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

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

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

How do Furfural Solvent market opportunities vary by end market size?

How does Furfural Solvent break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.