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Furfural Market (By Raw Material: Corn Cobs, Rice Husk, Bagasse, and Other Raw Materials; By Application: Furfuryl Alcohol, Solvents, Pharmaceutical Agents, and Other Applications: By Geography: North America, Europe, Asia-Pacific, and Row) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015 – 2024

December 2017 | 105 pages | ID: FE8F55F5ED9EN
Variant Market Research

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As per the latest report published by Variant Market Research, Global Furfural Market is estimated to reach $1,739 million by 2024; growing at a CAGR of 11% from 2016 to 2024. Furfural (C5H4O2) is an organic compound originated from a variety of agricultural byproducts such as oat, corncobs, rice husk, wheat bran, and saw dust. It is a clear colorless or a slight yellowish liquid in nature. It is a natural precursor to furan-based chemicals. Some properties of furfural include thermosetting, corrosive resistance and physical resistance, which have led to its around 70% contribution to production of resin. Rising awareness regarding the renewable substitutes has obliged companies to increase production of biomass based chemicals including furfural to produce resins, additives, and fuels to replace non-renewable resources such as petrochemicals.

Growing environmental awareness to renewable alternatives in order to replace fossil resources, and increasing production of furfural in emerging economies are the major factor to fuel the growth of global furfural market. However, increase in overall cost production is the major hindrance for the market growth. Moreover, development of efficient and new technologies, and demand for furfural in pharmaceutical industry is likely to disclose new avenues for the market in the forecast period.

The global furfural market is bifurcated on the basis of raw material, application, and geography. Raw material is divided into rice husk, corn cobs, bagasse, and other raw materials. While, furfuryl alcohol, pharmaceutical agents, solvents, and other applications are the bifurcation of application segment.

On the basis of geography, the global furfural market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico, whereas Europe segment consists of Germany, Italy, Scandinavia & CIS Region, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

Prominent players in the global market include Arcoy Biorefinery Pvt. Ltd., Hongye Holding Group Corporation Ltd., TransFuran Chemicals bvba, Central Romana Corporation, Illovo Sugar (Pty) Ltd, Silvateam S.P.A., KRBL Ltd., Nutrafur S.A., Tieling North Furfural (Group) Co., and Xingtai Chunlei Furfuryl Alcohol Co., Ltd., among others.

The key takeaways from the report
  • The report will provide detailed analysis of Global Furfural Market with respect to major segments such as raw material, application, and geography
  • The report will include the qualitative and quantitative analysis with market estimation over 2015 – 2024 and compound annual growth rate (CAGR) between 2016 and 2024
  • Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
  • An exhaustive regional analysis of Global Furfural Market has been included in the report
  • Profile of the key players in the Global Furfural Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of the Global Furfural Market

Raw Materials Segments
  • Rice Husk
  • Corn Cobs
  • Bagasse
  • Other Raw Materials
Application Segments
  • Furfurly Alcohol
  • Pharmaceutical Agents
  • Solvents
  • Other Applications
Geographical Segments
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • Italy
    • Scandinavia & CIS Region
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • RoW
    • South America
    • Middle East
    • Africa
CHAPTER 1 PREFIX

1.1 Market Scope
1.2 Report Description
1.3 Research Methodology
  1.3.1 Primary Research
  1.3.2 Secondary Research
  1.3.3 In-house Data Modeling

CHAPTER 2 EXECUTIVE SUMMARY

2.1 Global Furfural Market Year-on-Year Growth, 2016 – 2024 (%)

CHAPTER 3 MARKET OUTLINE

3.1 Market Inclination, Trend, Outlook and Viewpoint
3.2 Market Share Analysis: Company’s Competitive Scenario
3.3 Market Dynamics
  3.3.1 Drivers
    3.3.1.1 Impact Analysis
  3.3.2 Restraints
    3.3.2.1 Impact Analysis
  3.3.3 Opportunities

CHAPTER 4 GLOBAL FURFURAL MARKET BY RAW MATERIAL: MARKET SIZE AND FORECAST, 2015 – 2024

4.1 Overview
4.2 Corn Cobs
  4.2.1 Current Trend and Analysis
  4.2.2 Market Size and Forecast, 2015 – 2024 ($ Million)
  4.2.3 Market Size and Forecast by Region, 2015 – 2024 ($ Million)
4.3 Rice Husk
  4.3.1 Current Trend and Analysis
  4.3.2 Market Size and Forecast, 2015 – 2024 ($ Million)
  4.3.3 Market Size and Forecast by Region, 2015 – 2024 ($ Million)
4.4 Bagasse
  4.4.1 Current Trend and Analysis
  4.4.2 Market Size and Forecast, 2015 – 2024 ($ Million)
  4.4.3 Market Size and Forecast by Region, 2015 – 2024 ($ Million)
4.5 Other Raw Materials
  4.5.1 Current Trend and Analysis
  4.5.2 Market Size and Forecast, 2015 – 2024 ($ Million)
  4.5.3 Market Size and Forecast by Region, 2015 – 2024 ($ Million)

CHAPTER 5 GLOBAL FURFURAL MARKET BY APPLICATION: MARKET SIZE AND FORECAST, 2015 – 2024

5.1 Overview
5.2 Furfuryl Alcohol
  5.2.1 Current Trend and Analysis
  5.2.2 Market Size and Forecast, 2015 – 2024 ($ Million)
  5.2.3 Market Size and Forecast by Region, 2015 – 2024 ($ Million)
5.3 Solvents
  5.3.1 Current Trend and Analysis
  5.3.2 Market Size and Forecast, 2015 – 2024 ($ Million)
  5.3.3 Market Size and Forecast by Region, 2015 – 2024 ($ Million)
5.4 Pharmaceutical Agents
  5.4.1 Current Trend and Analysis
  5.4.2 Market Size and Forecast, 2015 – 2024 ($ Million)
  5.4.3 Market Size and Forecast by Region, 2015 – 2024 ($ Million)
5.5 Other Applications
  5.5.1 Current Trend and Analysis
  5.5.2 Market Size and Forecast, 2015 – 2024 ($ Million)
  5.5.3 Market Size and Forecast by Region, 2015 – 2024 ($ Million)

CHAPTER 6 GLOBAL FURFURAL MARKET BY GEOGRAPHY: MARKET SIZE AND FORECAST, 2015 – 2024

6.1 Overview
  6.1.1 Global Furfural Market Year-on-Year Growth, by regions 2016 – 2024 (%)
6.2 North America
  6.2.1 Current Trend and Analysis
  6.2.2 Market Size and Forecast, 2015 – 2024 ($ Million)
  6.2.3 US
    6.2.3.1 Market Size and Forecast, 2015 – 2024 ($ Million)
  6.2.4 Canada
    6.2.4.1 Market Size and Forecast, 2015 – 2024 ($ Million)
  6.2.5 Mexico
    6.2.5.1 Market Size and Forecast, 2015 – 2024 ($ Million)
6.3 Europe
  6.3.1 Current Trend and Analysis
  6.3.2 Market Size and Forecast, 2015 – 2024 ($ Million)
  6.3.3 Germany
    6.3.3.1 Market Size and Forecast, 2015 – 2024 ($ Million)
  6.3.4 Italy
    6.3.4.1 Market Size and Forecast, 2015 – 2024 ($ Million)
  6.3.5 Rest of Europe
    6.3.5.1 Market Size and Forecast, 2015 – 2024 ($ Million)
6.4 Asia-Pacific
  6.4.1 Current Trend and Analysis
  6.4.2 Market Size and Forecast, 2015 – 2024 ($ Million)
  6.4.3 India
    6.4.3.1 Market Size and Forecast, 2015 – 2024 ($ Million)
  6.4.4 China
    6.4.4.1 Market Size and Forecast, 2015 – 2024 ($ Million)
  6.4.5 Japan
    6.4.5.1 Market Size and Forecast, 2015 – 2024 ($ Million)
  6.4.6 Rest of Asia-Pacific
    6.4.6.1 Market Size and Forecast, 2015 – 2024 ($ Million)
6.5 RoW
  6.5.1 Current Trend and Analysis
  6.5.2 Market Size and Forecast
  6.5.3 Middle East
    6.5.3.1 Market Size and Forecast, 2015 – 2024 ($ Million)
  6.5.4 South America
    6.5.4.1 Market Size and Forecast, 2015 – 2024 ($ Million)
  6.5.5 Africa
    6.5.5.1 Market Size and Forecast, 2015 – 2024 ($ Million)

CHAPTER 7 COMPANY PROFILES

7.1 Hongye Holding Group Corporation Ltd.
7.2 Arcoy Biorefinery Pvt. Ltd.
7.3 Xingtai Chunlei Furfuryl Alcohol Co., Ltd.
7.4 Central Romana Corporation
7.5 TransFuran Chemicals bvba
7.6 Illovo Sugar (Pty) Ltd
7.7 Nutrafur S.A.
7.8 Silvateam S.P.A.
7.9 KRBL Ltd.
7.10 Tieling North Furfural (Group) Co.

LIST OF FIGURES

FIG. 1 MARKET SEGMENTATION: GLOBAL FURFURAL MARKET
FIG. 2 GLOBAL FURFURAL MARKET YEAR ON YEAR GROWTH, 2016 - 2024 (%)
FIG. 3 MARKET SHARE ANALYSIS, 2016 (%)
FIG. 4 GLOBAL FURFURAL MARKET SHARE AND FORECAST, BY RAW MATERIAL 2016 Vs 2024 (VALUE %)
FIG. 5 CORN COBS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 6 RICE HUSK MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 7 BAGASSE MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 8 OTHER RAW MATERIALS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 9 GLOBAL FURFURAL MARKET SHARE AND FORECAST, BY APPLICATION 2016 Vs 2024 (VALUE %)
FIG. 10 FURFURYL ALCOHOL MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 11 SOLVENTS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 12 PHARMACEUTICAL AGENTS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 13 OTHER APPLICATIONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 14 GLOBAL FURFURAL MARKET SIZE AND FORECAST BY GEOGRAPHY, 2016 Vs 2024 (REVENUE, CAGR %)
FIG. 15 GLOBAL FURFURAL MARKET YEAR ON YEAR GROWTH, BY REGIONS 2016 – 2024 (%)
FIG. 16 NORTH AMERICA FURFURAL MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 17 NORTH AMERICA FURFURAL MARKET SIZE AND FORECAST BY COUNTRY, 2015 – 2024 ($ MILLION)
FIG. 18 U.S. FURFURAL MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 19 CANADA FURFURAL MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 20 MEXICO FURFURAL MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 21 EUROPE FURFURAL MARKET SIZE AND FORECAST, 2015 – 2024, ($ MILLION)
FIG. 22 EUROPE FURFURAL MARKET SIZE AND FORECAST, 2015 – 2024 BY COUNTRY, ($ MILLION)
FIG. 23 GERMANY FURFURAL MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 24 ITALY FURFURAL MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 25 REST OF EUROPE FURFURAL MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 26 ASIA-PACIFIC FURFURAL MARKET SIZE AND FORECAST, 2015 – 2024, ($ MILLION)
FIG. 27 ASIA-PACIFIC FURFURAL MARKET SIZE AND FORECAST, 2015 – 2024 BY COUNTRY ($ MILLION)
FIG. 28 INDIA FURFURAL MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 29 CHINA FURFURAL MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 30 JAPAN FURFURAL MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 31 REST OF ASIA-PACIFIC FURFURAL MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 32 REST OF THE WORLD FURFURAL MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 33 REST OF THE WORLD FURFURAL MARKET SIZE AND FORECAST, 2015 – 2024 BY COUNTRY ($ MILLION)
FIG. 34 SOUTH AMERICA FURFURAL MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 35 MIDDLE EAST FURFURAL MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)
FIG. 36 AFRICA FURFURAL MARKET SIZE AND FORECAST, 2015 – 2024 ($ MILLION)

LIST OF TABLES

TABLE 1 GLOBAL FURFURAL MARKET SNAPSHOT
TABLE 2 GLOBAL FURFURAL MARKET SIZE AND FORECAST, BY REGION, 2015 – 2024 ($ MILLION)
TABLE 3 DRIVER OF THE GLOBAL FURFURAL MARKET: IMPACT ANALYSIS
TABLE 4 RESTRAINTS OF THE GLOBAL FURFURAL MARKET: IMPACT ANALYSIS
TABLE 5 CORN COBS MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ MILLION)
TABLE 6 RICE HUSK MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ MILLION)
TABLE 7 BAGASSE MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ MILLION)
TABLE 8 OTHER RAW MATERIALS MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ MILLION)
TABLE 9 FURFURYL ALCOHOL MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ MILLION)
TABLE 10 SOLVENTS MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ MILLION)
TABLE 11 PHARMACEUTICAL AGENTS MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ MILLION)
TABLE 12 OTHER APPLICATIONS MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ MILLION)
TABLE 13 NORTH AMERICA FURFURAL MARKET SIZE AND FORECAST, BY RAW MATERIAL, 2015 – 2024 ($ MILLION)
TABLE 14 NORTH AMERICA FURFURAL MARKET SIZE AND FORECAST, BY APPLICATION, 2015 – 2024 ($ MILLION)
TABLE 15 EUROPE FURFURAL MARKET SIZE AND FORECAST, BY RAW MATERIAL, 2015 – 2024 ($ MILLION)
TABLE 16 EUROPE FURFURAL MARKET SIZE AND FORECAST, BY APPLICATION, 2015 – 2024 ($ MILLION)
TABLE 17 ASIA-PACIFIC FURFURAL MARKET SIZE AND FORECAST, BY RAW MATERIAL, 2015 – 2024 ($ MILLION)
TABLE 18 ASIA-PACIFIC FURFURAL MARKET SIZE AND FORECAST, BY APPLICATION, 2015 – 2024 ($ MILLION)
TABLE 19 REST OF THE WORLD FURFURAL MARKET SIZE AND FORECAST, BY RAW MATERIAL, 2015 – 2024 ($ MILLION)
TABLE 20 REST OF THE WORLD FURFURAL MARKET SIZE AND FORECAST, BY APPLICATION, 2015 – 2024 ($ MILLION)
TABLE 21 HONGYE HOLDING GROUP CORPORATION LTD.: COMPANY SNAPSHOT
TABLE 22 ARCOY BIOREFINERY PVT. LTD.: COMPANY SNAPSHOT
TABLE 23 XINGTAI CHUNLEI FURFURYL ALCOHOL CO., LTD.: COMPANY SNAPSHOT
TABLE 24 CENTRAL ROMANA CORPORATION: COMPANY SNAPSHOT
TABLE 25 TRANSFURAN CHEMICALS BVBA: COMPANY SNAPSHOT
TABLE 26 ILLOVO SUGAR (PTY) LTD: COMPANY SNAPSHOT
TABLE 27 NUTRAFUR S.A.: COMPANY SNAPSHOT
TABLE 28 SILVATEAM S.P.A.: COMPANY SNAPSHOT
TABLE 29 KRBL LTD.: COMPANY SNAPSHOT
TABLE 30 TIELING NORTH FURFURAL (GROUP) CO.: COMPANY SNAPSHOT


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