Furan Resin Global Market Report 2026

Furan resin is a category of resins derived from furan derivatives, such as furfuryl alcohol or furfural, and finds application in adhesives, as well as in infusing and coating compositions. Primarily, furan resins serve as chemically resistant cement types and act as binders for explosives, wood adhesives, and fiber composites.

The primary types of furan resins include furfuryl alcohol resin, furfural resin, bran ketone resin, and branone formaldehyde resin. Furfuryl Alcohol Resin is a polymer resulting from the self-polycondensation of furfuryl alcohol monomer. This polymer forms as the furfuryl alcohol molecules undergo self-polycondensation, reacting with the active alpha-hydrogen of another furfuryl alcohol molecule in the presence of an acid catalyst. Applications for these resins span various industries, encompassing adhesives and sealants, automobiles, paint and coatings, plastics, and foundries. End-users, such as those in the construction and chemical industries, utilize furan resins for diverse purposes.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are impacting the furan resin market by increasing costs of imported furfuryl alcohol, furfural derivatives, catalysts, and processing chemicals. Industrial manufacturing hubs in Asia-Pacific and Europe are most affected due to reliance on cross-border raw material sourcing, while North America faces higher costs for specialty resin formulations. These tariffs are pressuring margins for resin manufacturers and end users. At the same time, they are promoting regional sourcing, bio-based feedstock development, and localized resin production capacities.

The furan resin market research report is one of a series of new reports from The Business Research Company that provides furan resin market statistics, including furan resin industry global market size, regional shares, competitors with a furan resin market share, detailed furan resin market segments, market trends and opportunities, and any further data you may need to thrive in the furan resin industry. This furan resin market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The furan resin market size has grown strongly in recent years. It will grow from $19.6 billion in 2025 to $20.86 billion in 2026 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to growth of foundry and casting industries, increasing demand for corrosion-resistant materials, expansion of industrial adhesive applications, availability of furfural-based raw materials, rising use in chemical processing environments.

The furan resin market size is expected to see strong growth in the next few years. It will grow to $26.87 billion in 2030 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to increasing demand for sustainable industrial resins, rising adoption in automotive and construction sectors, expansion of high-performance composite materials, growing focus on environmentally friendly binders, increasing investments in specialty resin development. Major trends in the forecast period include increasing use of bio-based resin systems, rising adoption in foundry applications, growing demand for chemical-resistant materials, expansion of high-temperature adhesive applications, enhanced focus on sustainable binder solutions.

The rising demand for lightweight and fuel-efficient automobiles globally is expected to drive the growth of the furan resin market. Lightweight and fuel-efficient automobiles utilize advanced structural materials that enhance fuel economy while maintaining safety and performance. Many automotive components are mixed or coated with furan resins and their derivatives, improving tensile strength and reducing vehicle weight. Furan resins offer benefits such as lightweight, corrosion resistance, and high strength. For instance, in April 2024, according to the International Energy Agency, electric car sales increased by 3.5 million units in 2023 compared to 2022, marking a 35% year-on-year rise.

Major companies in the furan resin market are focusing on advanced solutions such as Amberlite P2X110 ion exchange resin to drive growth. Amberlite P2X110 is designed to accommodate the specific chemistry of electrolyzer loops and support hydrogen synthesis from water. In September 2023, DuPont de Nemours Inc., a US-based chemical company, launched Amberlite P2X110, a multifunctional mixed-bed resin formulated to enhance electrolyzer performance and promote sustainable green hydrogen production.

In August 2023, Bakelite Synthetics Inc., a manufacturer of synthetic resins and polymers based in the U.S., acquired Laxmi Ratan Bhansali Group (LRBG) Chemicals Pvt. Ltd. for an undisclosed amount. This acquisition is intended to enhance Bakelite Synthetics' product portfolio and increase its presence in the synthetic resins and polymers market, utilizing synergies to foster growth and innovation. LRBG Chemicals Pvt. Ltd. is a U.S.-based company that produces high-quality resins and derivative products.

Major companies operating in the furan resin market are Hexion Inc., ASK Chemicals GmbH, BASF SE, Ashland Global Holdings Inc., Shandong Shengquan New Materials Co., Ltd., DynaChem Inc., TransFurans Chemicals B.V., Penn A Kem LLC, Silvateam S.p.A., UBE Corporation, Mitsui Chemicals, Inc., Sumitomo Bakelite Co., Ltd., Prefere Resins Holding GmbH, Kolon Industries, Inc., Changchun Group Co., Ltd., Aica Kogyo Co., Ltd., Hitachi Chemical Co., Ltd., Tembec Inc., Koppers Inc., Allnex Group GmbH

Asia-Pacific was the largest region in the furan resin market in 2025 and is expected to be the fastest-growing region in the global furan resin report during the forecast period. The regions covered in the furan resin market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the furan resin market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The furan resin market consists of sales of acetyl Resin, modified furfuryl alcohol resin, furfural-acetone resin, and furfural-phenol resin. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Furan Resin Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses furan resin market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for furan resin ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The furan resin market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Furfuryl Alcohol Resin; Furfural Resin
• 2) By Application: Adhesive and Sealant; Paint and Coating; Foundry
• 3) By End-User: Construction; Chemical Industries
• Subsegments:
• 1) By Furfuryl Alcohol Resin: Phenolic Furfuryl Alcohol Resin; Thermosetting Furfuryl Alcohol Resin
• 2) By Furfural Resin: Furfural-Based Phenolic Resin; Furfural-Based Polyurethane Resin
• Companies Mentioned: Hexion Inc.; ASK Chemicals GmbH; BASF SE; Ashland Global Holdings Inc.; Shandong Shengquan New Materials Co., Ltd.; DynaChem Inc.; TransFurans Chemicals B.V.; Penn A Kem LLC; Silvateam S.p.A.; UBE Corporation; Mitsui Chemicals, Inc.; Sumitomo Bakelite Co., Ltd.; Prefere Resins Holding GmbH; Kolon Industries, Inc.; Changchun Group Co., Ltd.; Aica Kogyo Co., Ltd.; Hitachi Chemical Co., Ltd.; Tembec Inc.; Koppers Inc.; Allnex Group GmbH
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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