Global Market Size of Furfural Market – 10 Year Market ForecastChemicals
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
– Rice Husk
– North America
– Middle East
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.
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.
The regions covered are North America, Europe, APAC & ROW.
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