Global Furfural Market Size study & Forecast, by Raw Material, by Application and Regional Analysis, 2022-2029

Description

List of Tables

Global Furfural Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5% over the forecast period 2022-2029. Furfural is a chemical feedstock made from agricultural by-products that are organic, renewable, and non-petroleum based. Furfural is produced mostly from agricultural waste, including maize cobs, rice husks, sugarcane bagasse, cotton husk, oat husk, almond husk, olive press cakes, and others. Chemical compound furfural is colorless or slightly yellowish and rapidly becomes black when exposed to air. Based on residues containing pentosan that are produced during the processing of various agricultural or forest products, furfural is produced. High-pressure steam is used to process furfural in a digester, and the compound is then recovered using steam distillation, water-furfural separation, and purification. The market growth is driven by key factors such as increasing demand from industrial chemicals manufacturing, increase in investment opportunities in chemical industry, and increasing demand for Furfuryl Alcohol.

India's chemical industry is expected to expand rapidly due to the rising need for chemicals and agrochemicals. The government estimates that the chemical sector would generate USD 304 billion by 2025, with potential provided by the demand growth of around 9% per year over the following five years. With around 168 investment potential and 29 projects under development, the chemical industry offers an investment opportunity worth USD 701,97 million. It is anticipated that India's foundry sector will expand by more than 13%, reaching 14-15 million metric tonnes by 2021 and 20 million metric tonnes by 2025. However, fluctuating raw material prices stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Furfural Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is dominating the overall market growth and is expected to be the fastest growing region due to massive furfural production, particularly in China, as well as expansion in a number of end-use industries, including agriculture, food and beverage, pharmaceuticals, and refineries in the economies of China, India, and Japan

Major market players included in this report are:

Zibo Xinye Chemical Co. Ltd
Central Romana Corporation
Silvateam SpA
Illovo Sugar Africa (Pty) Ltd
Hongye Holding Group Corporation Limited
TransFurans Chemicals bvba
Xingtai Chunlei Furfuryl Alcohol Co. Ltd (hebeichem
KRBL Limited
Pennakem LLC
LENZING AG

Recent Developments in the Market:

In June 2020, Origin Materials, a material development company with operations in the US and Canada, is dedicated to the commercial production of the adaptable and environmentally friendly chemical 5-chloromethyl furfural (CMF). Origin's technology generates CMF with a high cradle-to-gate carbon-negative footprint on a commercial scale.

Global Furfural Market Report Scope:

Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Application, Raw Material, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Raw Material:

Corncobs
Rice Hulls
Cotton Hulls
Sugarcane Bagasse
Other Raw Materials

By Application:

Furfuryl Alcohol
Solvent
Intermediate
Other Applications

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Furfural Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Furfural Market, by Raw Material, 2019-2029 (USD Billion)
- 1.2.3. Furfural Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Furfural Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Furfural Market Dynamics

3.1. Furfural Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing Demand from Industrial Chemicals Manufacturing
  - 3.1.1.2. Increasing Demand for Furfuryl Alcohol
- 3.1.2. Market Challenges
  - 3.1.2.1. Fluctuating Raw Material Prices
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing demand for chemicals and agrochemicals
  - 3.1.3.2. Rising concerns for renewable products

Chapter 4. Global Furfural Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Furfural Market, by Raw Material

6.1. Market Snapshot
6.2. Global Furfural Market by Raw Material, Performance - Potential Analysis
6.3. Global Furfural Market Estimates & Forecasts by Raw Material 2019-2029 (USD Billion)
6.4. Furfural Market, Sub Segment Analysis
- 6.4.1. Corncobs
- 6.4.2. Rice Hulls
- 6.4.3. Cotton Hulls
- 6.4.4. Sugarcane Bagasse
- 6.4.5. Other Raw Materials

Chapter 7. Global Furfural Market, by Application

7.1. Market Snapshot
7.2. Global Furfural Market by Application, Performance - Potential Analysis
7.3. Global Furfural Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Furfural Market, Sub Segment Analysis
- 7.4.1. Furfuryl Alcohol
- 7.4.2. Solvent
- 7.4.3. Intermediate
- 7.4.4. Other Applications

Chapter 8. Global Furfural Market, Regional Analysis

8.1. Furfural Market, Regional Market Snapshot
8.2. North America Furfural Market
- 8.2.1. U.S. Furfural Market
  - 8.2.1.1. Raw Material breakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Furfural Market
8.3. Europe Furfural Market Snapshot
- 8.3.1. U.K. Furfural Market
- 8.3.2. Germany Furfural Market
- 8.3.3. France Furfural Market
- 8.3.4. Spain Furfural Market
- 8.3.5. Italy Furfural Market
- 8.3.6. Rest of Europe Furfural Market
8.4. Asia-Pacific Furfural Market Snapshot
- 8.4.1. China Furfural Market
- 8.4.2. India Furfural Market
- 8.4.3. Japan Furfural Market
- 8.4.4. Australia Furfural Market
- 8.4.5. South Korea Furfural Market
- 8.4.6. Rest of Asia Pacific Furfural Market
8.5. Latin America Furfural Market Snapshot
- 8.5.1. Brazil Furfural Market
- 8.5.2. Mexico Furfural Market
- 8.5.3. Rest of Latin America Furfural Market
8.6. Rest of The World Furfural Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Zibo Xinye Chemical Co. Ltd
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. Central Romana Corporation
- 9.2.3. Silvateam SpA
- 9.2.4. Illovo Sugar Africa (Pty) Ltd
- 9.2.5. Hongye Holding Group Corporation Limited
- 9.2.6. TransFurans Chemicals bvba
- 9.2.7. Xingtai Chunlei Furfuryl Alcohol Co. Ltd (hebeichem
- 9.2.8. KRBL Limited
- 9.2.9. Pennakem LLC
- 9.2.10. LENZING AG

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Furfural Market, report scope
TABLE 2. Global Furfural Market estimates & forecasts by region 2019-2029 (USD Billion)
TABLE 3. Global Furfural Market estimates & forecasts by Raw Material 2019-2029 (USD Billion)
TABLE 4. Global Furfural Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Furfural Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Furfural Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Furfural Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Furfural Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Furfural Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Furfural Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Furfural Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Furfural Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Furfural Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Furfural Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Furfural Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Furfural Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Furfural Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Furfural Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Furfural Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Furfural Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Furfural Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Furfural Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Furfural Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Furfural Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Furfural Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Furfural Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Furfural Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Furfural Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Furfural Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Furfural Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Furfural Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Furfural Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Furfural Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Furfural Market
TABLE 70. List of primary sources, used in the study of global Furfural Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Furfural Market, research methodology
FIG 2. Global Furfural Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Furfural Market, key trends 2021
FIG 5. Global Furfural Market, growth prospects 2022-2029
FIG 6. Global Furfural Market, porters 5 force model
FIG 7. Global Furfural Market, pest analysis
FIG 8. Global Furfural Market, value chain analysis
FIG 9. Global Furfural Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Furfural Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Furfural Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Furfural Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Furfural Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Furfural Market, regional snapshot 2019 & 2029
FIG 15. North America Furfural Market 2019 & 2029 (USD Billion)
FIG 16. Europe Furfural Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Furfural Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Furfural Market 2019 & 2029 (USD Billion)
FIG 19. Global Furfural Market, company Market share analysis (2021)