Furfural Market offers insights of industry trends and evaluates current & impending market growth for the period 2017-2024. Further, the report covers market share, growth scenario and forecast for the involved market segments along with the impact of drivers & restraints and potential opportunities for these segments. The report also analyses the competitive profiling of major players including their company overview, financials, product portfolio and recent developments.
The report on global furfural market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research done by the analysts. The study extensively provides the market share, growth, trends and forecasts for the period 2017–2024. The market size in terms of volume (KT) and revenue (USD MN) is calculated for the study period along with the details of the factors affecting the market growth (drivers and restraints).
The major market drivers are Environmental awareness to replace fossil resources with renewable alternatives increasing applications in various end user industries growing demand for furfural in pharmaceuticals industry. The market growth might be restricted due to inefficient production process leading to low yield and high product cost under the study period.
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The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved. The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities. The report classifies the market into different segments based on application. These segments are studied in detail incorporating the market estimates and forecasts at regional and country level. The segment analysis is useful in understanding the growth areas and probable opportunities of the market.
Major player assessed in the report are:
– Arcoy Biorefinery Pvt. Ltd.
– Central Romana Corporation, Ltd.
– Hongye Holding Group Corporation Ltd.
– Illovo Sugar Ltd.
– KRBL Ltd.
– Lenzing AG
– Linzi Organic Chemicals Inc. Ltd.
Geographically, this market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
Segmentations In The Report:
– Furfuryl Alcohol
– Chemical Intermediates
– Others (Flavors & Fragrance, Herbicides, Pesticides, etc.)
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