June 14, 2024

Furfuryl Alcohol Market Size to Rake US$ 921.6 million by 2030

According To Vision Research Reports study on furfuryl alcohol market offers exclusive insights into key growth drivers, restraints and business opportunities. The report underscores some of the popular strategies that market players undertake to gain competitive edge.

Vision Research Reports offer the information regarding all the critical aspects of the market such as product types, application spectrum, sales network and distribution channels, geographies and other key factors.

The Global furfuryl alcohol market size is expected to reach around US$ 921.6 million by 2030 and is anticipated to grow at a CAGR of 8.2% during forecast period 2021 to 2030.

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Report ScopeDetails
Market SizeUS$ 921.6 million by 2030
Growth RateCAGR of 8.2% From 2021 to 2030
Largest MarketNorth America
Base Year2021
Forecast Period2021 to 2030
Segments CoveredApplication, End-use
Regional ScopeNorth America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies MentionedILLOVO SUGAR AFRICA (PTY) LTD.; Linzi Organic Chemical Inc. Ltd.; TransFurans Chemicals bvba; DalinYebo; Hebeichem; SilvateamS.p.a.; Shandong Crownchem Industries Co., Ltd.; Hongye Holdings Group Corp., Ltd.; Xian Welldon Trading Co., Ltd.; Furnova Polymers Ltd.; NC Nature Chemicals

Growth Factor

Factors such as rising demand for furfuryl alcohol resins from the construction and automotive sectors are expected to drive the market in the near future. Asia Pacific is the largest producer as well as consumer of furfuryl alcohol due to increasing concerns regarding renewable products and growing population resulting in high demand for consumer products. The majority of the furfural manufactured in China, more than 85%, is utilized in the production of furfuryl alcohol.

The product has witnessed high demand over the past decade, owing to its growing usage in the foundry, agriculture, and construction industries, among others. The product is broadly utilized in resins and plastics applications. A surge in research and development activities in the area of rocket fuel is estimated to trigger the demand. The products also play an essential role in manufacturing in the foundry sector in the formulation of molds for metal casting.

The furfuryl alcohol market report contains company profiles of the top companies operating in the market along with their respective revenue and operating segments, market footprint, strategic developments, headquarters, growth rates, recent developments, product /services, expansion strategies, investments in expansion, and more.

This furfuryl alcohol market report offers historical data points and forecasts and revenue growth at a global, regional, and country level, latest industry trends, and consumption pattern details for each region, major country, and segment from 2021 to 2030.

The market report also covers technical data, manufacturing and production costs, research and development activities, regulatory framework, economic factors, and globalization. The report further segments the furfuryl alcohol market on the basis of Leading Companies Profiled, and key regions of furfuryl alcohol market.

What is our report scope?

This report focuses on the furfuryl alcohol market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. The furfuryl alcohol market report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market.

COVID-19 has compressed the global economy and with it the manufacturing and marketing sector, production, disruption, financial.

The significant drop in COVID-19 cases due to mass inoculations programs worldwide are anticipated to increase revenue flow in the global economy and contribute to the growth of the car electrical products market. The COVID-19 impact has changed the growth projections of many sectors and businesses. The analysts put their excellent and well-researched opinions in the report. The opinions will help the stakeholders to make their strategy accordingly.

Key Players

  • Linzi Organic Chemical Inc. Ltd.
  • TransFurans Chemicals bvba
  • DalinYebo
  • Hebeichem
  • SilvateamS.p.a.
  • Shandong Crownchem Industries Co., Ltd.
  • Hongye Holdings Group Corp., Ltd.
  • Xian Welldon Trading Co., Ltd.
  • Furnova Polymers Ltd.
  • NC Nature Chemicals

Market Segmentation

  • By Application
    • Resins
    • Solvent
    • Corrosion Inhibitors
    • Others
  • By End-use
    • Foundry
    • Agriculture
    • Paints & Coatings
    • Pharmaceuticals
    • Food & Beverages
    • Others
  • Regional
    • North America
      • U.S.
      • Mexico
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Italy
      • Spain
      • Belgium
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
    • Central & South America
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa

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Key insights presented in This Market Research:

  • Market revenue shares by major business players with market segmentation and its scope
  • Sales revenue by key players and new entrants, additionally the report contains knowledge information on customers, competitors, vendors/distributors, and alternative players and within the global marketplace
  • Competitive analysis of key players, as well as company summary, product or services specification, vendors, and buyers.
  • Recent mergers, acquisitions, product launches, recent investments, and joint ventures
  • Regional analysis to produce insight into recent trends and opportunities.
  • To predict the market size, in key regions (along with countries) North America, Europe, Asia Pacific, geographical region and Middle East and continent

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape        List of Suppliers        List of Buyers

Chapter 7.  Global Furfuryl Alcohol Market, By Application

7.1.  Furfuryl Alcohol Market, by Application, 2021-2030

7.1.1.    Resins        Market Revenue and Forecast (2017-2030)

7.1.2.    Solvent        Market Revenue and Forecast (2017-2030)

7.1.3.    Corrosion Inhibitors        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Furfuryl Alcohol Market, By End-use

8.1.  Furfuryl Alcohol Market, by End-use, 2021-2030

8.1.1.    Foundry        Market Revenue and Forecast (2017-2030)

8.1.2.    Agriculture        Market Revenue and Forecast (2017-2030)

8.1.3.    Paints & Coatings        Market Revenue and Forecast (2017-2030)

8.1.4.    Pharmaceuticals        Market Revenue and Forecast (2017-2030)

8.1.5.    Food & Beverages        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Furfuryl Alcohol Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Application (2017-2030)

9.1.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.1.3.    U.S.        Market Revenue and Forecast, by Application (2017-2030)        Market Revenue and Forecast, by End-use (2017-2030)

9.1.4.    Rest of North America        Market Revenue and Forecast, by Application (2017-2030)        Market Revenue and Forecast, by End-use (2017-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Application (2017-2030)

9.2.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.2.3.    UK        Market Revenue and Forecast, by Application (2017-2030)        Market Revenue and Forecast, by End-use (2017-2030)

9.2.4.    Germany        Market Revenue and Forecast, by Application (2017-2030)        Market Revenue and Forecast, by End-use (2017-2030)

9.2.5.    France        Market Revenue and Forecast, by Application (2017-2030)        Market Revenue and Forecast, by End-use (2017-2030)

9.2.6.    Rest of Europe        Market Revenue and Forecast, by Application (2017-2030)        Market Revenue and Forecast, by End-use (2017-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Application (2017-2030)

9.3.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.3.3.    India        Market Revenue and Forecast, by Application (2017-2030)        Market Revenue and Forecast, by End-use (2017-2030)

9.3.4.    China        Market Revenue and Forecast, by Application (2017-2030)        Market Revenue and Forecast, by End-use (2017-2030)

9.3.5.    Japan        Market Revenue and Forecast, by Application (2017-2030)        Market Revenue and Forecast, by End-use (2017-2030)

9.3.6.    Rest of APAC        Market Revenue and Forecast, by Application (2017-2030)        Market Revenue and Forecast, by End-use (2017-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Application (2017-2030)

9.4.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.4.3.    GCC        Market Revenue and Forecast, by Application (2017-2030)        Market Revenue and Forecast, by End-use (2017-2030)

9.4.4.    North Africa        Market Revenue and Forecast, by Application (2017-2030)        Market Revenue and Forecast, by End-use (2017-2030)

9.4.5.    South Africa        Market Revenue and Forecast, by Application (2017-2030)        Market Revenue and Forecast, by End-use (2017-2030)

9.4.6.    Rest of MEA        Market Revenue and Forecast, by Application (2017-2030)        Market Revenue and Forecast, by End-use (2017-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Application (2017-2030)

9.5.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.5.3.    Brazil        Market Revenue and Forecast, by Application (2017-2030)        Market Revenue and Forecast, by End-use (2017-2030)

9.5.4.    Rest of LATAM        Market Revenue and Forecast, by Application (2017-2030)        Market Revenue and Forecast, by End-use (2017-2030)

Chapter 10.  Company Profiles

10.1.              ILLOVO SUGAR AFRICA (PTY) LTD.

10.1.1.  Company Overview

10.1.2.  Application Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              Linzi Organic Chemical Inc. Ltd.

10.2.1.  Company Overview

10.2.2.  Application Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              TransFurans Chemicals bvba

10.3.1.  Company Overview

10.3.2.  Application Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              DalinYebo

10.4.1.  Company Overview

10.4.2.  Application Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              Hebeichem

10.5.1.  Company Overview

10.5.2.  Application Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

10.6.              SilvateamS.p.a.

10.6.1.  Company Overview

10.6.2.  Application Offerings

10.6.3.  Financial Performance

10.6.4.  Recent Initiatives

10.7.              Shandong Crownchem Industries Co., Ltd.

10.7.1.  Company Overview

10.7.2.  Application Offerings

10.7.3.  Financial Performance

10.7.4.  Recent Initiatives

10.8.              Hongye Holdings Group Corp., Ltd.

10.8.1.  Company Overview

10.8.2.  Application Offerings

10.8.3.  Financial Performance

10.8.4.  Recent Initiatives

10.9.              Xian Welldon Trading Co., Ltd.

10.9.1.  Company Overview

10.9.2.  Application Offerings

10.9.3.  Financial Performance

10.9.4.  Recent Initiatives

10.10.           Furnova Polymers Ltd.

10.10.1.               Company Overview

10.10.2.               Application Offerings

10.10.3.               Financial Performance

10.10.4.               Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

12.2.              Glossary of Terms

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