Global 5-hydroxymethylfurfural (5-HMF) Market Growth 2023-2029

Global 5-hydroxymethylfurfural (5-HMF) Market Growth 2023-2029

This report studies the 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) market. Hydroxymethylfurfural (HMF), also 5-(hydroxymethyl) furfural, is an organic compound formed by the dehydration of certain sugars. It is a white low-melting solid (although commercial samples are often yellow) which is highly soluble in both water and organic solvents. The molecule consists of a furan ring, containing both aldehyde and alcohol functional groups. HMF can form in sugar-containing food, particularly as a result of heating or cooking and this formation has been the topic of significant study as HMF is regarded as being potentially carcinogenic to humans. Hydroxymethylfurfural is a marker of poor or overlong storage of foods such as honey. It is produced industrially on a modest scale as a carbon-neutral feedstock for the production of fuels and other chemicals.
LPI (LP Information)' newest research report, the “5-hydroxymethylfurfural (5-HMF) Industry Forecast” looks at past sales and reviews total world 5-hydroxymethylfurfural (5-HMF) sales in 2022, providing a comprehensive analysis by region and market sector of projected 5-hydroxymethylfurfural (5-HMF) sales for 2023 through 2029. With 5-hydroxymethylfurfural (5-HMF) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 5-hydroxymethylfurfural (5-HMF) industry.
This Insight Report provides a comprehensive analysis of the global 5-hydroxymethylfurfural (5-HMF) 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 5-hydroxymethylfurfural (5-HMF) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global 5-hydroxymethylfurfural (5-HMF) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 5-hydroxymethylfurfural (5-HMF) 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 5-hydroxymethylfurfural (5-HMF).
The global 5-hydroxymethylfurfural (5-HMF) market size is projected to grow from US$ 59 million in 2022 to US$ 66 million in 2029; it is expected to grow at a CAGR of 66 from 2023 to 2029.
Global 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) key players include AVA Biochem, Robinson Brothers, Penta Manufacturer, NBB Company, Beijing Lys Chemicals, etc. Global top five manufacturers hold a share about 95%. Europe is the largest market, with a share about 90%, followed by China and North America, both with a share about 5 percent. In terms of product, Industrial Grade is the largest segment, with a share about 70%. And in terms of application, the largest application is Flavor & Fragrance Industry, followed by Pharmaceutical Industry, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of 5-hydroxymethylfurfural (5-HMF) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Industrial Grade 5-HMF
Food Grade 5-HMF
Segmentation by application
Flavor and Fragrance
Pharmaceutical
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 analyzing the company's coverage, product portfolio, its market penetration.
AVA Biochem
Robinson Brothers
Penta Manufacturer
NBB Company
Sugar Energy
Beijing Lys Chemicals
Xuzhou Ruisai Technology
Wutong Aroma Chemicals
Key Questions Addressed in this Report
What is the 10-year outlook for the global 5-hydroxymethylfurfural (5-HMF) market?
What factors are driving 5-hydroxymethylfurfural (5-HMF) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do 5-hydroxymethylfurfural (5-HMF) market opportunities vary by end market size?
How does 5-hydroxymethylfurfural (5-HMF) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

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