PUBLISHER: IMARC | PRODUCT CODE: 2024527
PUBLISHER: IMARC | PRODUCT CODE: 2024527
Furfural Market Report by Process, Raw Material, Application, End-User, and Region 2026-2034
The global furfural market size reached USD 860.8 Million in 2025. Looking forward, IMARC Group expects the market to reach USD 1,388.6 Million by 2034, exhibiting a growth rate (CAGR) of 5.29% during 2026-2034. The increasing production of perfumes and fragrances, rising utilization in the food and beverage (F&B) industry, and the increasing environmental concerns represent some of the key factors driving the market.
Furfural (C 4 H 3 O-CHO) refers to the natural compound formed during the dehydration of sugars. It is manufactured from various raw materials, such as sugarcane bagasse, corn cobs, wood waste, and rice husk. It is a colorless liquid, oily in appearance, versatile, and completely miscible with alcohol and ether. It is also a corrosion-preventive substance that is especially effective on low-carbon steel surfaces. It can be easily converted into furfuryl alcohol, tetrahydrofurfuryl alcohol (THFA), tetrahydrofuran, furan, and diols. It offers thermosetting and physical resistance properties that are highly suitable for the production of resins. It is utilized as food flavoring, fragrance in personal care products, solvents in petrochemical refining to extract dienes from hydrocarbons, lubricants, decolorizing agents, and transportation fuels. It is also employed as pesticides and fertilizers, gasoline additives, jet fuel blend stocks, wood modifier, all-weather repair system for bomb-damaged runways and potholes. Besides this, C 4 H 3 O-CHO finds applications in the agriculture, food and beverage (F&B), paints and coatings, and pharmaceutical industries across the globe.
FURFURAL MARKET TRENDS:
At present, the rising demand for C 4 H 3 O-CHO to produce perfumes and fragrances in personal care products represents one of the primary factors supporting the growth of the market. Besides this, the growing demand for C 4 H 3 O-CHO to produce bioplastics polyethylene furanoate (PEF), which is an alternative to polyethylene terephthalate (PET) and bio-PET for soft drink bottles, is offering a positive market outlook. Additionally, there is a rise in the demand for furfuryl alcohol to produce cores and mold for metal casting around the world. This, coupled with the increasing utilization of C 4 H 3 O-CHO in the pharmaceutical industry for the production of tetrahydrofurfuryl alcohol (THFA), is propelling the growth of the market. Apart from this, the rising demand for C 4 H 3 O-CHO derivatives for manufacturing fiberglass and aircraft and automobile components is offering a lucrative growth opportunity to industry players. Moreover, the increasing employment of C 4 H 3 O-CHO due to the rising environmental concern around the world, along with the growing need to reduce the dependence on petrochemicals, is positively influencing the market. Furthermore, the rising usage of C 4 H 3 O-CHO in the food and beverage (F&B) industry as a flavoring agent or adjuvant in various products is strengthening the market growth.
KEY MARKET SEGMENTATION:
Process Insights:
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- Others
Raw Material Insights:
- Corn Cobs
- Rice Husk
- Sugarcane Bagasse
- Others
Application Insights:
- Furfuryl Alcohol
- Solvent
- Others
End-User Insights:
- Agriculture
- Petroleum Refineries
- Paints and Coatings
- Pharmaceuticals
- Others
Regional Insights:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and Others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and Others); Latin America (Brazil, Mexico, and Others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for furfural. Some of the factors driving the Asia Pacific furfural market included the rising usage in agriculture, easy accessibility of raw materials, application in numerous industry verticals, etc.
COMPETITIVE LANDSCAPE:
The report has also provided a comprehensive analysis of the competitive landscape in the global furfural market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Behran Oil Company, Central Romana Corporation Ltd., Hongye Holding Group Corporation Limited, Illovo Sugar Ltd. (Associated British Foods plc), KRBL Limited, Lenzing Aktiengesellschaft, Linzi Organic Chemical Inc. Ltd., Pennakem LLC, Shandong Crownchem Industries Co. Ltd, Silvateam S.p.a., Tanin d.d., Sevnica, TransFurans Chemicals bvba, Xian Welldon Trading Co. Ltd, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
KEY QUESTIONS ANSWERED IN THIS REPORT
1. What was the size of the global furfural market in 2025?
2. What is the expected growth rate of the global furfural market during 2026-2034?
3. What are the key factors driving the global furfural market?
4. What has been the impact of COVID-19 on the global furfural market?
5. What is the breakup of the global furfural market based on the process?
6. What is the breakup of the global furfural market based on the raw material?
7. What is the breakup of the global furfural market based on the application?
8. What is the breakup of the global furfural market based on the end-user?
9. What are the key regions in the global furfural market?
10. Who are the key players/companies in the global furfural market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Furfural Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Process
- 6.1 Quaker Batch Process
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Chinese Batch Process
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Rosenlew Continuous Process
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Others
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Raw Material
- 7.1 Corn Cobs
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Rice Husk
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Sugarcane Bagasse
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Application
- 8.1 Furfuryl Alcohol
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Solvent
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Others
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by End-User
- 9.1 Agriculture
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Petroleum Refineries
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Paints and Coatings
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Pharmaceuticals
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Others
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Behran Oil Company
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 SWOT Analysis
- 15.3.2 Central Romana Corporation Ltd.
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 SWOT Analysis
- 15.3.3 Hongye Holding Group Corporation Limited
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 SWOT Analysis
- 15.3.4 Illovo Sugar Ltd. (Associated British Foods plc)
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 SWOT Analysis
- 15.3.5 KRBL Limited
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 SWOT Analysis
- 15.3.6 Lenzing Aktiengesellschaft
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 SWOT Analysis
- 15.3.7 Linzi Organic Chemical Inc. Ltd.
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 SWOT Analysis
- 15.3.8 Pennakem LLC
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 SWOT Analysis
- 15.3.9 Shandong Crownchem Industries Co. Ltd
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 SWOT Analysis
- 15.3.10 Silvateam S.p.a.
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 SWOT Analysis
- 15.3.11 Tanin d.d.
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.11.3 SWOT Analysis
- 15.3.12 TransFurans Chemicals bvba
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.12.3 SWOT Analysis
- 15.3.13 Xian Welldon Trading Co. Ltd
- 15.3.13.1 Company Overview
- 15.3.13.2 Product Portfolio
- 15.3.13.3 SWOT Analysis
- 15.3.14 Sevnica
- 15.3.14.1 Company Overview
- 15.3.14.2 Product Portfolio
- 15.3.1 Behran Oil Company
List of Figures
- Figure 1: Global: Furfural Market: Major Drivers and Challenges
- Figure 2: Global: Furfural Market: Sales Value (in Million USD), 2020-2025
- Figure 3: Global: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 4: Global: Furfural Market: Breakup by Process (in %), 2025
- Figure 5: Global: Furfural Market: Breakup by Raw Material (in %), 2025
- Figure 6: Global: Furfural Market: Breakup by Application (in %), 2025
- Figure 7: Global: Furfural Market: Breakup by End-User (in %), 2025
- Figure 8: Global: Furfural Market: Breakup by Region (in %), 2025
- Figure 9: Global: Furfural (Quaker Batch Process) Market: Sales Value (in Million USD), 2020 & 2025
- Figure 10: Global: Furfural (Quaker Batch Process) Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 11: Global: Furfural (Chinese Batch Process) Market: Sales Value (in Million USD), 2020 & 2025
- Figure 12: Global: Furfural (Chinese Batch Process) Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 13: Global: Furfural (Rosenlew Continuous Process) Market: Sales Value (in Million USD), 2020 & 2025
- Figure 14: Global: Furfural (Rosenlew Continuous Process) Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 15: Global: Furfural (Other Processes) Market: Sales Value (in Million USD), 2020 & 2025
- Figure 16: Global: Furfural (Other Processes) Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 17: Global: Furfural (Corn Cobs) Market: Sales Value (in Million USD), 2020 & 2025
- Figure 18: Global: Furfural (Corn Cobs) Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 19: Global: Furfural (Rice Husk) Market: Sales Value (in Million USD), 2020 & 2025
- Figure 20: Global: Furfural (Rice Husk) Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 21: Global: Furfural (Sugarcane Bagasse) Market: Sales Value (in Million USD), 2020 & 2025
- Figure 22: Global: Furfural (Sugarcane Bagasse) Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 23: Global: Furfural (Other Raw Materials) Market: Sales Value (in Million USD), 2020 & 2025
- Figure 24: Global: Furfural (Other Raw Materials) Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 25: Global: Furfural (Furfuryl Alcohol) Market: Sales Value (in Million USD), 2020 & 2025
- Figure 26: Global: Furfural (Furfuryl Alcohol) Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 27: Global: Furfural (Solvent) Market: Sales Value (in Million USD), 2020 & 2025
- Figure 28: Global: Furfural (Solvent) Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 29: Global: Furfural (Other Applications) Market: Sales Value (in Million USD), 2020 & 2025
- Figure 30: Global: Furfural (Other Applications) Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 31: Global: Furfural (Agriculture) Market: Sales Value (in Million USD), 2020 & 2025
- Figure 32: Global: Furfural (Agriculture) Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 33: Global: Furfural (Petroleum Refineries) Market: Sales Value (in Million USD), 2020 & 2025
- Figure 34: Global: Furfural (Petroleum Refineries) Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 35: Global: Furfural (Paints and Coatings) Market: Sales Value (in Million USD), 2020 & 2025
- Figure 36: Global: Furfural (Paints and Coatings) Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 37: Global: Furfural (Pharmaceuticals) Market: Sales Value (in Million USD), 2020 & 2025
- Figure 38: Global: Furfural (Pharmaceuticals) Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 39: Global: Furfural (Other End-Users) Market: Sales Value (in Million USD), 2020 & 2025
- Figure 40: Global: Furfural (Other End-Users) Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 41: North America: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 42: North America: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 43: United States: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 44: United States: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 45: Canada: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 46: Canada: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 47: Asia-Pacific: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 48: Asia-Pacific: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 49: China: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 50: China: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 51: Japan: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 52: Japan: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 53: India: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 54: India: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 55: South Korea: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 56: South Korea: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 57: Australia: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 58: Australia: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 59: Indonesia: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 60: Indonesia: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 61: Others: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 62: Others: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 63: Europe: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 64: Europe: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 65: Germany: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 66: Germany: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 67: France: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 68: France: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 69: United Kingdom: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 70: United Kingdom: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 71: Italy: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 72: Italy: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 73: Spain: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 74: Spain: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 75: Russia: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 76: Russia: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 77: Others: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 78: Others: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 79: Latin America: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 80: Latin America: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 81: Brazil: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 82: Brazil: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 83: Mexico: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 84: Mexico: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 85: Others: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 86: Others: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 87: Middle East and Africa: Furfural Market: Sales Value (in Million USD), 2020 & 2025
- Figure 88: Middle East and Africa: Furfural Market: Breakup by Country (in %), 2025
- Figure 89: Middle East and Africa: Furfural Market Forecast: Sales Value (in Million USD), 2026-2034
- Figure 90: Global: Furfural Industry: SWOT Analysis
- Figure 91: Global: Furfural Industry: Value Chain Analysis
- Figure 92: Global: Furfural Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Furfural Market: Key Industry Highlights, 2025 and 2034
- Table 2: Global: Furfural Market Forecast: Breakup by Process (in Million USD), 2026-2034
- Table 3: Global: Furfural Market Forecast: Breakup by Raw Material (in Million USD), 2026-2034
- Table 4: Global: Furfural Market Forecast: Breakup by Application (in Million USD), 2026-2034
- Table 5: Global: Furfural Market Forecast: Breakup by End-User (in Million USD), 2026-2034
- Table 6: Global: Furfural Market Forecast: Breakup by Region (in Million USD), 2026-2034
- Table 7: Global: Furfural Market: Competitive Structure
- Table 8: Global: Furfural Market: Key Players
