Report overview
Furfural is an aldehyde of furan and is a yellow oily liquid in pure form, but tends to turn brown upon prolonged exposure to air and moisture. Furfural is used as a selective solvent for refining lubricating oils and rosin, and to improve the characteristics of diesel fuel and catalytic cracker recycle stocks.
This report contains market size and forecasts of Furfural Solvent in global, including the following market information:
Global Furfural Solvent Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Furfural Solvent Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Furfural Solvent companies in 2021 (%)
The global Furfural Solvent market was valued at 64 million in 2021 and is projected to reach US$ 120 million by 2028, at a CAGR of 9.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Furfuryl Alcohol Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Furfural Solvent include Transfurans Chemicals, Illovo Sugar, Teijing North Furfural, Goodrich Sugar & Chemical, Alchem Chemical, Linzi Organic Chemical, Xing Tai Chunlei Furfural Alcohol, Penn Specialty Chemicals and BASF, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Furfural Solvent manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Furfural Solvent Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Furfural Solvent Market Segment Percentages, by Type, 2021 (%)
Furfuryl Alcohol
Solvents
Pharmaceuticals
Chemical Intermediates
Global Furfural Solvent Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Furfural Solvent Market Segment Percentages, by Application, 2021 (%)
Petroleum Refining
Agricultural Formulations
Paints & Coatings
Pharmaceuticals
Global Furfural Solvent Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Furfural Solvent Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Furfural Solvent revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Furfural Solvent revenues share in global market, 2021 (%)
Key companies Furfural Solvent sales in global market, 2017-2022 (Estimated), (MT)
Key companies Furfural Solvent sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Transfurans Chemicals
Illovo Sugar
Teijing North Furfural
Goodrich Sugar & Chemical
Alchem Chemical
Linzi Organic Chemical
Xing Tai Chunlei Furfural Alcohol
Penn Specialty Chemicals
BASF
The Good Scents
Furfural Espanol
