Global Market Size of Furfural Market – 10 Year Market Forecast

Chemicals

Furfural Market Size Forecast 2022-2029

 

The furfural market size value is expected to grow to USD 0.59 billion in 2022 and USD 0.98 billion by 2029 with a CAGR of 8% over the forecast period 2022 to 2029. The cumulative market size for the forecast period is valued at USD 7 billion. Owing to developing nations such as India, China and Japan, APAC is expected to dominate the market for the production and consumption of furfural. Corn cobs represent the main market share in the raw material segment, followed by sugar cane bagasse and rice husks. Some of the key players in the market include Central Romana Corporation, KRBL ltd and LENZING AG.

Furfural Market Size of United States

Furfural Market Analysis of United Kingdom

Furfural Market Trends of Germany

Furfural Market Forecast of France

Furfural Market Growth of Italy

Market Size of Furfural in Poland

Market Analysis of Furfural in Switzerland

Market Trends of Furfural in Sweden

Market Forecast of Furfural in Spain

Market Growth of Furfural Netherland

Belgium Furfural Market

Finland Furfural Market

Japan Furfural Market

South Korea Furfural Market

China Furfural Market

Furfural Market Size of Russia

Furfural Market Analysis of Malaysia

Furfural Market Trends of Singapore

Furfural Market Forecast of India

Furfural Market Growth of Brazil

Market segments - Furfural Market

By Raw Material
– Sugarcane Bagasse
– Corncob
– Rice Husk
– Others

By Region
– North America
– Europe
– Middle East
– APAC
– ROW

By Application
– Derivatives
– Solvents
– Others

Global Market size of Furfural Market 2022 0.59
Global Market size of Furfural Market 2029 0.98
Cumulative Market Size of the Furfural Market 7
Global Market Growth of Furfural Market (CAGR) 8%

Frequently Asked Questions(FAQ)

  • What is Global Market Database?

  • Global market database is a cloud based business intelligence tool that can be used by decision makers to study relevant markets.
  • Which region has the highest growth rate in the global furfural market?

  • The APAC region has the highest growth rate in the global furfural market.
  • What are the restraints of the global furfural market?

  • The presence of fossil fuels as a cheaper alternative to furfural hampers the market growth.
  • What was the calculated value of CAGR over the forecast period?

  • The calculated value of CAGR over the forecast period is 8%.
  • How is the global furfural market segmented?

  • The global furfural market is segmented by application, region wise and by raw material.

Global Market Size of Furfural Market – 10 Year Market Forecast

Release date
Jan 2022

Region
Global

Countries Covered
The countries covered are US, UK, Germany, France, Italy, Poland, Switzerland, Sweden, Spain, Netherlands, Belgium, Finland. Japan, South Korea, China, Russia, Malaysia, Singapore, India, Brazil.

Supplementary notes
The regions covered are North America, Europe, APAC & ROW.


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