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  3. > Furfural Market for Furfuryl Alcohol, Solvents, Pharmaceuticals, Chemical Intermediates, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2023

The report analyzes and forecasts the furfural market on the global and regional level. The study provides historical data of 2014 along with the forecast from 2015 to 2023 based on volume (Tons) and revenue (US$ Thousand). The report provides a decisive view of the furfural market by segmenting it in terms of application and region.
This report provides detailed industry analysis of the furfural market. The industry analysis includes product information right from the invention of furfural to industrial development. We have included a detailed value chain analysis of the furfural market to provide a comprehensive view of the furfural market. The analysis of value chain includes information such as integration in the market, distribution channels, and end-user industries. The study also includes market drivers and restraints for the furfural market and their impact on the demand during the forecast period. The report also analyzes the opportunities in the furfural market on the global and regional level. Drivers, restraints, and opportunities mentioned in the report are justified through qualitative and quantitative information. These factors have been verified through primary and secondary resources.
The report includes Porter’s Five Forces Analysis that describes the competitiveness in the furfural market. The study comprises of market attractiveness analysis benchmarked based on market size, compound annual growth rate (CAGR), general attractiveness, and company market share. We have also incorporated company market share analysis to provide detailed analysis of the market.
The study provides a decisive view of the furfural market by segmenting it on the basis of application. Application segments have been analyzed based on current and future trends, and the market has been estimated from 2015 to 2023 in terms of volume (Tons) and revenue (US$ Thousand). Regional segmentation includes current and forecast demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It also includes demand for individual applications in major countries in the respective regions.
The report provides detailed competitive outlook that includes profiles of Arcoy Biorefinery Pvt. Ltd., Central Romana Corporation, Ltd., Hongye Holding Group Corporation Ltd., Illovo Sugar Ltd., KRBL Ltd., Lenzing AG, Linzi Organic Chemicals Inc. Ltd., Nutrafur S.A., Penn A Kem LLC, Silvateam S.p.A., Tanin Sevnica d.d., Tieling North Furfural (Group) Co., Ltd., and Xingtai Chunlei Furfuryl Alcohol Co., Ltd. Company profiles include attributes such as company overview, brand/product portfolio, financial overview, business strategy, and key/recent developments related to the market.
Constant currency rates have been considered while forecasting the market. Prices of furfural and application segments vary in each region. Hence, a similar volume-to-revenue ratio does not follow for each individual region. Regional average price has been considered while breaking down the market by product segment and application in each region. Models and estimates have been used to produce comprehensive datasets where hard data was not available. We have used the bottom-up approach by considering application segments and integrating them to arrive at the global market. Applications have been further divided using the top-down approach to derive the consumption of products in the regional market.
We conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders to compile this research report. Primary research represented the bulk of research efforts, supplemented by an extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.
The furfural market has been segmented into:
Furfural Market - Application Analysis
Furfuryl Alcohol
Solvents
Pharmaceuticals
Chemical Intermediates
Others (flavors & fragrance, herbicides, pesticides, etc.)
Furfural Market - Regional Analysis
North America
U.S.
Rest of North America
Europe
U.K.
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
ASEAN
Rest of Asia Pacific
Latin America
Brazil
Rest of Latin America
Middle East & Africa (MEA)
GCC
South Africa
Rest of Middle East & Africa

Table Of Contents

Furfural Market for Furfuryl Alcohol, Solvents, Pharmaceuticals, Chemical Intermediates, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2023
Chapter 1 Preface
1.1 Report Description
1.2 Report Scope
1.3 Assumptions
1.4 Market Segmentation
1.5 Research methodology
Chapter 2 Executive Summary
2.1 Global Furfural Market, 2014-2023 (Kilo Tons) (US$ Mn)
2.2 Global Furfural Market: Snapshot
Chapter 3 Industry Analysis
3.1 Introduction
3.2 Industrial Development of Furfural
3.3 Value Chain Analysis
3.4 Market Drivers
3.3.1 Driver 1 - Environmental Awareness to Replace Fossil Resources with Renewable Alternatives to Boost Furfural Market
3.3.2 Driver 2 - Rising Applications in Various End User Industries to Drive Demand for Furfural
3.3.3 Driver 3 - Increasing Demand for Furfural in Pharmaceuticals Industry to Propel Market Growth
3.4 Restraints
3.4.1 Restraints 1 - Inefficient Production Process Leading to Low Yield and High Product Cost
3.5.1 Opportunity 1 - Improvement in Current Production Processes to Improve Yield and Reduce Product Cost Would Facilitate Higher Penetration in Application Industries
3.6 Porter's Five Forces Analysis
3.7 Global Furfural Market Attractiveness, by Application, 2014
3.8 Global Furfural Market Attractiveness, by Country, 2014
3.9 Global Furfural Market Share by Company, 2014
Chapter 4 Manufacturing Process and Price Trend Analysis
4.1 Manufacturing Processes
4.2 Furfural Price Trend Analysis
Chapter 5 Furfural Market - Application Analysis
5.1 Furfural Market: Application Overview
5.1.1 Global Furfural Market for Furfuryl Alcohol, 2014-2023 (Tons) (US$ Thousand)
5.1.2 Global Furfural Market for Solvents, 2014-2023 (Tons) (US$ Thousand)
5.1.3 Global Furfural Market for Pharmaceuticals, 2014-2023 (Tons) (US$ Thousand)
5.1.4 Global Furfural Market for Chemical Intermediates, 2014-2023 (Tons) (US$ Thousand)
5.1.5 Global Furfural Market for Others, 2014-2023 (Tons) (US$ Thousand)
Chapter 6 Global Furfural Market - Regional Analysis
6.1 Furfural Market: Regional Overview
6.2 North America Furfural Market, by Regional Sub-segment, 2014-2023
6.2.1 North America Furfural Market, By Application, 2014-2023 (Tons)
6.2.2 North America Furfural Market, By Application, 2014-2023 (US$ Thousand)
6.2.3 US Furfural Market, By Application, 2014-2023 (Tons)
6.2.4 US Furfural Market, By Application, 2014-2023 (US$ Thousand)
6.2.5 Rest of North America Furfural Market, By Application, 2014-2023 (Tons)
6.2.6 Rest of North America Furfural Market, By Application, 2014-2023 (US$ Thousand)
6.3 Europe Furfural Material Market, by Regional Sub-segment, 2014-2023
6.3.1 Europe Furfural Market, By Application, 2014-2023 (Tons)
6.3.2 Europe Furfural Market, By Application, 2014-2023 (US$ Thousand)
6.3.3 UK Furfural Market, By Application, 2014-2023 (Tons)
6.3.4 UK Furfural Market, By Application, 2014-2023 (US$ Thousand)
6.3.5 Germany Furfural Market, By Application, 2014-2023 (Tons)
6.3.6 Germany Furfural Market, By Application, 2014-2023 (US$ Thousand)
6.3.7 France Furfural Market, By Application, 2014-2023 (Tons)
6.3.8 France Furfural Market, By Application, 2014-2023 (US$ Thousand)
6.3.9 Spain Furfural Market, By Application, 2014-2023 (Tons)
6.3.10 Spain Furfural Market, By Application, 2014-2023 (US$ Thousand)
6.3.11 Italy Furfural Market, By Application, 2014-2023 (Tons)
6.3.12 Italy Furfural Market, By Application, 2014-2023 (US$ Thousand)
6.3.13 Rest of Europe Furfural Market, By Application, 2014-2023 (Tons)
6.3.14 Rest of Europe Furfural Market, By Application, 2014-2023 (US$ Thousand)
6.4 Asia Pacific Furfural Market, by Regional Sub-segment, 2014-2023
6.4.1 Asia Pacific Furfural Market, By Application, 2014-2023 (Tons)
6.4.2 Asia Pacific Furfural Market, By Application, 2014-2023 (US$ Thousand)
6.4.3 China Furfural Market, By Application, 2014-2023 (Tons)
6.4.4 China Furfural Market, By Application, 2014-2023 (US$ Thousand)
6.4.5 Japan Furfural Market, By Application, 2014-2023 (Tons)
6.4.6 Japan Furfural Market, By Application, 2014-2023 (US$ Thousand)
6.4.7 ASEAN Furfural Market, By Application, 2014-2023 (Tons)
6.4.8 ASEAN Furfural Market, By Application, 2014-2023 (US$ Thousand)
6.4.9 Rest of Asia Pacific Furfural Market, By Application, 2014-2023 (Tons)
6.4.10 Rest of Asia Pacific Furfural Market, By Application, 2014-2023 (US$ Thousand)
6.5 Latin America Furfural Market, by Regional Sub-segment, 2014-2023
6.5.1 Latin America Furfural Market, By Application, 2014-2023 (Tons)
6.5.2 Latin America Furfural Market, By Application, 2014-2023 (US$ Thousand)
6.5.3 Brazil Furfural Market, By Application, 2014-2023 (Tons)
6.5.4 Brazil Furfural Market, By Application, 2014-2023 (US$ Thousand)
6.5.5 Rest of Latin America Furfural Market, By Application, 2014-2023 (Tons)
6.5.6 Rest of Latin America Furfural Market, By Application, 2014-2023 (US$ Thousand)
6.6 Middle East and Africa Furfural Market, by Regional Sub-segment, 2014-2023
6.6.1 Middle East and Africa Furfural Market, By Application, 2014-2023 (Tons)
6.6.2 Middle East and Africa Furfural Market, By Application, 2014-2023 (US$ Thousand)
6.6.3 GCC Furfural Market, By Application, 2014-2023 (Tons)
6.6.4 GCC Furfural Market, By Application, 2014-2023 (US$ Thousand)
6.6.5 South Africa Furfural Market, By Application, 2014-2023 (Tons)
6.6.6 South Africa Furfural Market, By Application, 2014-2023 (US$ Thousand)
6.6.7 Rest of Middle East and Africa Furfural Market, By Application, 2014-2023 (Tons)
6.6.8 Rest of Middle East and Africa Furfural Market, By Application, 2014-2023 (US$ Thousand)
Chapter 7 Company Profiles
7.1 Arcoy Biorefinery Pvt. Ltd.
7.2 Central Romana Corporation, Ltd.
7.3 Hongye Holding Group Corporation Ltd.
7.4 Illovo Sugar Ltd.
7.5 KRBL Ltd.
7.6 Lenzing AG
7.7 Linzi Organic Chemicals Inc. Ltd.
7.8 Nutrafur S.A.
7.9 Penn A Kem LLC
7.10 Silvateam S.p.A.
7.11 Tanin Sevnica d.d.
7.12 Tieling North Furfural (Group) Co., Ltd.
7.13 Xingtai Chunlei Furfuryl Alcohol Co., Ltd.
Chapter 8 Primary Research- Key Findings

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