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PUBLISHER: Grand View Research | PRODUCT CODE: 1376060
PUBLISHER: Grand View Research | PRODUCT CODE: 1376060
Furfural Derivatives Market Size, Share & Trends Analysis Report By Product By Route (Tetrahydrofuran, Cyclopentanone), By Product By Application (1-5 Pentanediol, Furoic Acid), By Region, And Segment Forecasts, 2023 - 2030
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Furfural Derivatives Market Growth & Trends:
The global furfural derivatives market size is expected to reach USD 21.84 billion by 2030, registering a CAGR of 7.24% from 2023 to 2030, as per the new report by Grand View Research, Inc.. The industry growth is majorly driven by the growing demand for sustainable and bio-based chemicals along with the wide range of applications of furfural derivatives in different industries. Furfural derivatives can be used as key components in the production of biofuels and other green chemicals. The shift toward renewable energy sources and sustainable chemical production is bolstering their consumption globally. Furfural is derived from agricultural waste products like corncobs and sugarcane bagasse.
Thus, the products are considered more environmentally friendly and sustainable than some petrochemical alternatives, thereby contributing to green chemistry initiatives. These derivatives find application in a wide range of industries, including chemicals, pharmaceuticals, agriculture, electronics, and others, which makes them versatile. Asia Pacific was the dominating region and held a revenue share of 66.1% in 2022. The region has abundant sources of agricultural residues like rice husks and sugarcane bagasse, which can be used as feedstock for furfural production. This availability of raw materials has led to increased interest in these derivatives in the region. Environmental awareness and sustainability initiatives have been on the rise in Asia Pacific. Furfural derivatives, being derived from renewable sources, align well with these goals, leading to increased adoption in eco-friendly applications.
Furfural Derivatives Market Report Highlights:
- Tetrahydrofuran was the dominating product segment in 2022 accounting for a revenue share of 46.2% due to its growing usage for producing poly-tetramethylene glycol (PTMEG), which is a polymer extensively utilized for manufacturing urethane elastomers and fiber
- Maleic anhydride was the second-largest product segment and accounted for a significant revenue share in 2022 owing to its growing demand for unsaturated polyester resins (UPR), which finds application in automotive & marine applications
- Europe was the second-largest region in 2022 and is predicted to grow at a considerable growth rate from 2023 to 2030 as the products play a crucial role in the production of biofuels, which are essential for reducing greenhouse gas emissions and meeting renewable energy targets of the region
Product Code: GVR-4-68040-132-3
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definition
- 1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 GVR's Internal Database
- 1.4 Information analysis
- 1.5 Market formulation & data visualization
- 1.6 Data validation & publishing
- 1.6.1 Research scope and assumptions
- 1.6.2 List to Data Sources
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Segment Snapshot
- 2.3 Competitive Landscape Snapshot
Chapter 3 Furfural Derivatives: Market Variables, Trends & Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Global Furfural Derivatives Market Outlook
- 3.2 Industry Value Chain Analysis
- 3.2.1 Raw Material Trends
- 3.2.2 Manufacturing & Technology Trends
- 3.2.3 Sales Channel Analysis
- 3.3 Price Trend Analysis
- 3.3.1 Factors Influencing Prices
- 3.4 Regulatory Framework
- 3.5 Market Dynamics
- 3.5.1 Market Driver Analysis
- 3.5.2 Market Restraint Analysis
- 3.5.3 Industry Opportunities Analysis
- 3.5.4 Industry Challenges Analysis
- 3.6 Industry Analysis Tools
- 3.6.1 PORTER's Analysis
- 3.6.2 Macroeconomic Analysis- PESTLE Analysis
Chapter 4 Furfural Derivatives: Sustainability Analysis
- 4.1 Agriculture Contribution to GDP (%)
- 4.2 % Yield Output by Sustainable Production
- 4.3 Environmental Concerns
- 4.4 Planned Investments Towards Sustainable Production
- 4.5 Dependency on Fossil Based Products
- 4.6 SWOT Analysis
Chapter 5 Furfural Derivatives Market: Product By Application Trend Analysis
- 5.1 Application Movement Analysis & Market Share, 2018 - 2030
- 5.1.1 1-5 Pentanediol
- 5.1.1.1 Polyester Resin
- 5.1.1.2 Plasticizer
- 5.1.1.3 Polyurethane
- 5.1.1.4 Glutaraldehyde
- 5.1.1.5 Other Applications
- 5.1.2 Furoic Acid
- 5.1.2.1 Plastic Plasticizers
- 5.1.2.2 Food Preservatives
- 5.1.2.3 Pharmaceutical Intermediates
- 5.1.2.4 Other Applications
- 5.1.3 Tetrahydrofuran
- 5.1.3.1 Polytetramethylene Ether Glycol
- 5.1.3.2 Solvents
- 5.1.3.3 Other Applications
- 5.1.4 2 Methyl Tetrahydrofuran
- 5.1.4.1 Chemicals
- 5.1.4.2 Electronics
- 5.1.4.3 Medical
- 5.1.4.4 Oil
- 5.1.4.5 Other Applications
- 5.1.5 2 Methylfuran
- 5.1.5.1 Pharmaceutical
- 5.1.5.2 Agricultiure
- 5.1.5.3 Chemical
- 5.1.5.4 Other Applications
- 5.1.6 Maleic Anhydride
- 5.1.6.1 Unsaturated Polyester Resin
- 5.1.6.2 1,4 Butanediol
- 5.1.6.3 Additives (Lubricants & Oil)
- 5.1.6.4 Copolymers
- 5.1.6.5 Other Applications
- 5.1.7 Cyclopentanone
- 5.1.7.1 Personal Care Products
- 5.1.7.2 Electronics
- 5.1.7.3 Insulating Construction Materials
- 5.1.7.4 Fuel and Fuel Additives
- 5.1.7.5 Other Applications
- 5.1.8 Tetrahydrofurfuyl Alcohol
- 5.1.8.1 Resins
- 5.1.8.2 Solvents
- 5.1.8.3 Corrosion Inhibitors
- 5.1.8.4 Other Applications
- 5.1.1 1-5 Pentanediol
Chapter 6 Furfural Derivatives Market: Product By Route Estimates & Trend Analysis
- 6.1 End-Use Movement Analysis & Market Share, 2018 - 2030
- 6.1.1 1-5 Pentanediol
- 6.1.1.1 Bio-based
- 6.1.1.2 Fossil-based
- 6.1.2 Furoic Acid
- 6.1.2.1 Bio-based
- 6.1.2.2 Fossil-based
- 6.1.3 Tetrahydrofuran
- 6.1.3.1 Bio-based
- 6.1.3.2 Fossil-based
- 6.1.4 2 Methyl Tetrahydrofuran
- 6.1.4.1 Bio-based
- 6.1.4.2 Fossil-based
- 6.1.5 2 Methylfuran
- 6.1.6 Maleic Anhydride
- 6.1.6.1 Bio-based
- 6.1.6.2 Fossil-based
- 6.1.7 Cyclopentanone
- 6.1.7.1 Bio-based
- 6.1.7.2 Fossil-based
- 6.1.8 Tetrahydrofurfuyl Alcohol
- 6.1.1 1-5 Pentanediol
Chapter 7 Furfural Derivatives Market: Regional Estimates & Trend Analysis
- 7.1 Furfural Derivatives Market: Regional Outlook
- 7.2 North America
- 7.2.1 North America Furfural Derivatives Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousand)
- 7.2.2 U.S.
- 7.2.2.1 U.S. Furfural Derivatives Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousand)
- 7.2.3 Canada
- 7.2.3.1 Canada Furfural Derivatives Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousand)
- 7.2.4 Mexico
- 7.2.4.1 Mexico Furfural Derivatives Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousand)
- 7.3 Europe
- 7.3.1 Europe Furfural Derivatives Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousand)
- 7.3.2 Germany
- 7.3.2.1 Germany Furfural Derivatives Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousand)
- 7.3.3 UK
- 7.3.3.1 UK Furfural Derivatives Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousand)
- 7.3.4 France
- 7.3.4.1 France Furfural Derivatives Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousand)
- 7.3.5 Italy
- 7.3.5.1 Italy Furfural Derivatives Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousand)
- 7.4 Asia Pacific
- 7.4.1 Asia Pacific Furfural Derivatives Market Estimates & Forecasts, 2012-2030, (Tons) (USD Thousand)
- 7.4.2 China
- 7.4.2.1 China Furfural Derivatives Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousand)
- 7.4.3 India
- 7.4.3.1 India Furfural Derivatives Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousand)
- 7.4.4 Japan
- 7.4.4.1 Japan Furfural Derivatives Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousand)
- 7.4.5 South Korea
- 7.4.5.1 South Korea Furfural Derivatives Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Tons) (USD Thousand)
- 7.5 Central & South America
- 7.5.1 Central & South America Furfural Derivatives Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousand)
- 7.5.2 Brazil
- 7.5.2.1 Brazil Furfural Derivatives Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousand)
- 7.5.3 Argentina
- 7.5.3.1 Argentina Furfural Derivatives Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousand)
- 7.6 Middle East & Africa
- 7.6.1 Middle East & Africa Furfural Derivatives Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousand)
- 7.6.2 Saudi Arabia
- 7.6.2.1 Saudi Arabia Furfural Derivatives Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousand)
- 7.6.3 South Africa
- 7.6.3.1 South Africa Furfural Derivatives Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousand)
Chapter 8 Competitive Landscape
- 8.1 Participant's Overview
- 8.2 Financial Performance
- 8.3 Product Benchmarking
- 8.4 Company/Competition Categorization
- 8.5 Key Company Positioning Analysis, 2022
- 8.6 Vendor landscape
- 8.6.1 List Of Distributors & Channel Partners
- 8.6.2 List Of Potential End-Users
- 8.7 Company Heat Map Analysis
- 8.8 Key Strategy Mapping
- 8.9 Company Listing (Business Overview, Financial Performance, Product Benchmarking)
- 8.9.1 Pyran
- 8.9.2 Pennakem, LLC
- 8.9.3 TransFurans Chemicals bvba
- 8.9.4 BASF SE
- 8.9.5 UBE Corporation
- 8.9.6 Yuanli Chemical Group
- 8.9.7 Hefei Home Sunshine Pharmaceutical Technology Co., Ltd.
- 8.9.8 AB Enterprises
- 8.9.9 Hefei TNJ Chemical Industry Co.,Ltd.
- 8.9.10 International Furan Chemicals B.V.
Product Code: GVR-4-68040-132-3
List of Tables
- Table 1 Global Furfural Derivatives Market Estimates & Forecast, by Product By Application, 2018 - 2030 (Tons)
- Table 2 Global Furfural Derivatives Market Estimates & Forecast, by Product By Application, 2018 - 2030 (USD Thousand)
- Table 3 Global Furfural Derivatives Market Estimates & Forecast, by Product By Route, 2018 - 2030 (Tons)
- Table 4 Global Furfural Derivatives Market Estimates & Forecast, by Product By Route, 2018 - 2030 (USD Thousand)
- Table 5 Global Furfural Derivatives Market Estimates & Forecast, by Region, 2018 - 2030 (Tons)
- Table 6 Global Furfural Derivatives Market Estimates & Forecast, by Region, 2018 - 2030 (USD Thousand)
- Table 7 North America Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (Tons)
- Table 8 North America Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (USD Thousand)
- Table 9 North America Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (Tons)
- Table 10 North America Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (USD Thousand)
- Table 11 U.S. Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (Tons)
- Table 12 U.S. Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (USD Thousand)
- Table 13 U.S. Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (Tons)
- Table 14 U.S. Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (USD Thousand)
- Table 15 Canada Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (Tons)
- Table 16 Canada Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (USD Thousand)
- Table 17 Canada Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (Tons)
- Table 18 Canada Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (USD Thousand)
- Table 19 Mexico Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (Tons)
- Table 20 Mexico Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (USD Thousand)
- Table 21 Mexico Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (Tons)
- Table 22 Mexico Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (USD Thousand)
- Table 23 Europe Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (Tons)
- Table 24 Europe Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (USD Thousand)
- Table 25 Europe Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (Tons)
- Table 26 Europe Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (USD Thousand)
- Table 27 Germany Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (Tons)
- Table 28 Germany Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (USD Thousand)
- Table 29 Germany Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (Tons)
- Table 30 Germany Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (USD Thousand)
- Table 31 UK Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2012-2050 (Tons)
- Table 32 UK Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (USD Thousand)
- Table 33 UK Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (Tons)
- Table 34 UK Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (USD Thousand)
- Table 35 France Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (Tons)
- Table 36 France Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (USD Thousand)
- Table 37 France Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (Tons)
- Table 38 France Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (USD Thousand)
- Table 39 Italy Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (Tons)
- Table 40 Italy Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (USD Thousand)
- Table 41 Italy Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (Tons)
- Table 42 Italy Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (USD Thousand)
- Table 43 Asia Pacific Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (USD Thousand)
- Table 44 Asia Pacific Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (Tons)
- Table 45 Asia Pacific Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (USD Thousand)
- Table 46 China Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (Tons)
- Table 47 China Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (USD Thousand)
- Table 48 China Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (Tons)
- Table 49 China Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (USD Thousand)
- Table 50 India Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2016-2030 (Tons)
- Table 51 India Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2051-2030 (USD Thousand)
- Table 52 India Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2051-2030 (Tons)
- Table 53 India Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2051-2030 (USD Thousand)
- Table 54 Japan Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (Tons)
- Table 55 Japan Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (USD Thousand)
- Table 56 Japan Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (Tons)
- Table 57 Japan Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (USD Thousand)
- Table 58 South Korea Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (Tons)
- Table 59 South Korea Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (USD Thousand)
- Table 60 South Korea Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (Tons)
- Table 61 South Korea Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (USD Thousand)
- Table 62 Central & South America Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (Tons)
- Table 63 Central & South America Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (USD Thousand)
- Table 64 Central & South America Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (Tons)
- Table 65 Central & South America Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (USD Thousand)
- Table 66 Brazil Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (Tons)
- Table 67 Brazil Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (USD Thousand)
- Table 68 Brazil Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (Tons)
- Table 69 Brazil Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (USD Thousand)
- Table 70 Argentina Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (Tons)
- Table 71 Argentina Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (USD Thousand)
- Table 72 Argentina Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (Tons)
- Table 73 Argentina Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (USD Thousand)
- Table 74 Middle East & Africa Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (Tons)
- Table 75 Middle East & Africa Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (USD Thousand)
- Table 76 Middle East & Africa Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (Tons)
- Table 77 Middle East & Africa Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (USD Thousand)
- Table 78 Saudi Arabia Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (Tons)
- Table 79 Saudi Arabia Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (USD Thousand)
- Table 80 Saudi Arabia Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (Tons)
- Table 81 Saudi Arabia Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (USD Thousand)
- Table 82 South Africa Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (Tons)
- Table 83 South Africa Furfural Derivatives Market Estimates and Forecast, by Product By Application, 2018 - 2030 (USD Thousand)
- Table 84 South Africa Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (Tons)
- Table 85 South Africa Furfural Derivatives Market Estimates and Forecast, by Product By Route, 2018 - 2030 (USD Thousand)
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