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Global Furfural Solvent Market Size, Status, and Forecast 2029. In-depth research accumulated to offer Latest insights about acute features of the global Furfural Solvent market. This report provides a detailed overview of key factors in the Furfural Solvent Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. The impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Furfural Solvent in a special period. This report also compares the markets of Pre COVID-19 and Post COVID-19. In addition, research considers the impact of COVID-19 on the regional economy.
Global furfural solvent market was valued at USD 119.03 million in 2021 and is expected to reach USD 156.74 million by 2029, registering a CAGR of 3.50% during the forecast period of 2022-2029.
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Some of the major players operating in the Furfural Solvent market
TransFurans Chemicals bvba (Belgium), Central Romana Corporation (Dominican Republic), Pennakem, LLC (U.S.), Silvateam S.p.a (Italy), ILLOVO SUGAR AFRICA (PTY) LTD (South Africa), Hebeichem (Malaysia), Hongye Chemical (China), KRBL (India), Merck KGaA (Germany), Lenzing AG(Austria), Tannin Corporation (Slovenia), Hefei TNJ Chemical Industry Co.,Ltd. (China), Neste (Finland), Soltex Inc. (U.S.), Hengyi Industries Sdn Bhd (Malaysia), BASF SE (Germany), Ashland Inc., (U.S.), Adrol (U.S.) and Shandong Crownchem Industries Co., Ltd (China), among others.
Global Furfural Solvent Market Scope
Raw Material
- Corn Cob
- Rice
- Husk
- Sugarcane Bagasse
- Others
Application
- Petroleum Refining
- Agricultural Formulations
- Paints and Coatings
- Pharmaceuticals
Others
Furfural Solvent Market Country Level Analysis
Furfural Solvent market is analyzed and market size, volume information is provided by country, site location and foundation type as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
During the projection period of 2022–2029, North America will maintain its dominance over the market in terms of revenue and market share. The expanding global demand for various bio-based chemicals in the area is to blame for the market expansion in this area.
On the other hand, due to the expansion of construction activities in the region, Asia-Pacific is predicted to have profitable growth over the projection period of 2022-2029.
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Important Sections from the Table of Contents:
- Global Furfural Solvent Market Overview
- Economic Impact on Industry
- Market Competition by Manufacturers
- Production, Revenue (Value) by Region
- Supply (Production), Consumption, Export, Import by Regions
- Production, Revenue (Value), Price Trend by Type
- Market Analysis by Application
- Manufacturing Cost Analysis
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Market Effect Factors Analysis
- Global Furfural Solvent Market Forecast
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