Report overview
Furfural is an aldehyde that is furan with the hydrogen at position 2 substituted by a formyl group. It has a role as a Maillard reaction product and a metabolite. It is a member of furans and an aldehyde.
This report contains market size and forecasts of Furfural in global, including the following market information:
Global Furfural Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Furfural Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Furfural companies in 2021 (%)
The global Furfural market was valued at 841.6 million in 2021 and is projected to reach US$ 1110.3 million by 2028, at a CAGR of 4.0% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Purity 99% Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Furfural include Hongye Chemical, Lenzing, Penn A Kem, Central Romana, Illovo Sugar, Hebei Xingtai Chunlei, Silvateam, Shijiazhuang Guangxin Weiye and Zhucheng Taisheng Chemical, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Furfural 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 Market, by Purity, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Furfural Market Segment Percentages, by Purity, 2021 (%)
Purity 99%
Purity 98.5%
Others
Global Furfural Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Furfural Market Segment Percentages, by Application, 2021 (%)
Furfural Alcohol
Solvent
Others
Global Furfural Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Furfural 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 revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Furfural revenues share in global market, 2021 (%)
Key companies Furfural sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Furfural sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hongye Chemical
Lenzing
Penn A Kem
Central Romana
Illovo Sugar
Hebei Xingtai Chunlei
Silvateam
Shijiazhuang Guangxin Weiye
Zhucheng Taisheng Chemical
Zibo Huaao Chemical
Henan Huilong Chemical
Pingquan Fengsheng Chemical
