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Furfural Solvent-Global Market Insights and Sales Trends 2024
Synopsis
Furfural is an aldehyde of furan and is a yellow oily liquid in pure form, but tends to turn brown upon prolonged exposure to air and moisture. Furfural is used as a selective solvent for refining lubricating oils and rosin, and to improve the characteristics of diesel fuel and catalytic cracker recycle stocks.
The global Furfural Solvent market size is expected to reach US$ 65 million by 2029, growing at a CAGR of 4.2% from 2023 to 2029. The market is mainly driven by the significant applications of Furfural Solvent in various end use industries. The expanding demands from the Petroleum Refining, Agricultural Formulations, Paints & Coatings and Pharmaceuticals, are propelling Furfural Solvent market. Furfuryl Alcohol, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Solvents segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Furfural Solvent market, driven by demand from China, the second largest economy with some signs of stabilising, the Furfural Solvent market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Furfural Solvent, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Furfural Solvent market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Furfural Solvent market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Furfural Solvent sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Furfural Solvent covered in this report include Transfurans Chemicals, Illovo Sugar, Teijing North Furfural, Goodrich Sugar & Chemical, Alchem Chemical, Linzi Organic Chemical, Xing Tai Chunlei Furfural Alcohol, Penn Specialty Chemicals and BASF, etc.
The global Furfural Solvent market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Transfurans Chemicals
Illovo Sugar
Teijing North Furfural
Goodrich Sugar & Chemical
Alchem Chemical
Linzi Organic Chemical
Xing Tai Chunlei Furfural Alcohol
Penn Specialty Chemicals
BASF
The Good Scents
Furfural Espanol
Global Furfural Solvent market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Furfural Solvent market, Segment by Type:
Furfuryl Alcohol
Solvents
Pharmaceuticals
Chemical Intermediates
Global Furfural Solvent market, by Application
Petroleum Refining
Agricultural Formulations
Paints & Coatings
Pharmaceuticals
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Furfural Solvent manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Furfural Solvent in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Furfural is an aldehyde of furan and is a yellow oily liquid in pure form, but tends to turn brown upon prolonged exposure to air and moisture. Furfural is used as a selective solvent for refining lubricating oils and rosin, and to improve the characteristics of diesel fuel and catalytic cracker recycle stocks.
The global Furfural Solvent market size is expected to reach US$ 65 million by 2029, growing at a CAGR of 4.2% from 2023 to 2029. The market is mainly driven by the significant applications of Furfural Solvent in various end use industries. The expanding demands from the Petroleum Refining, Agricultural Formulations, Paints & Coatings and Pharmaceuticals, are propelling Furfural Solvent market. Furfuryl Alcohol, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Solvents segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Furfural Solvent market, driven by demand from China, the second largest economy with some signs of stabilising, the Furfural Solvent market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Furfural Solvent, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Furfural Solvent market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Furfural Solvent market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Furfural Solvent sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Furfural Solvent covered in this report include Transfurans Chemicals, Illovo Sugar, Teijing North Furfural, Goodrich Sugar & Chemical, Alchem Chemical, Linzi Organic Chemical, Xing Tai Chunlei Furfural Alcohol, Penn Specialty Chemicals and BASF, etc.
The global Furfural Solvent market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Transfurans Chemicals
Illovo Sugar
Teijing North Furfural
Goodrich Sugar & Chemical
Alchem Chemical
Linzi Organic Chemical
Xing Tai Chunlei Furfural Alcohol
Penn Specialty Chemicals
BASF
The Good Scents
Furfural Espanol
Global Furfural Solvent market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Furfural Solvent market, Segment by Type:
Furfuryl Alcohol
Solvents
Pharmaceuticals
Chemical Intermediates
Global Furfural Solvent market, by Application
Petroleum Refining
Agricultural Formulations
Paints & Coatings
Pharmaceuticals
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Furfural Solvent manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Furfural Solvent in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Furfural Solvent Market Overview
1.1 Furfural Solvent Product Overview
1.2 Furfural Solvent Market Segment by Type
1.2.1 Furfuryl Alcohol
1.2.2 Solvents
1.2.3 Pharmaceuticals
1.2.4 Chemical Intermediates
1.3 Global Furfural Solvent Market Size by Type
1.3.1 Global Furfural Solvent Market Size Overview by Type (2018-2029)
1.3.2 Global Furfural Solvent Historic Market Size Review by Type (2018-2023)
1.3.3 Global Furfural Solvent Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Furfural Solvent Sales Breakdown by Type (2018-2023)
1.4.2 Europe Furfural Solvent Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Furfural Solvent Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Furfural Solvent Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Furfural Solvent Sales Breakdown by Type (2018-2023)
2 Global Furfural Solvent Market Competition by Company
2.1 Global Top Players by Furfural Solvent Sales (2018-2023)
2.2 Global Top Players by Furfural Solvent Revenue (2018-2023)
2.3 Global Top Players by Furfural Solvent Price (2018-2023)
2.4 Global Top Manufacturers Furfural Solvent Manufacturing Base Distribution, Sales Area, Product Type
2.5 Furfural Solvent Market Competitive Situation and Trends
2.5.1 Furfural Solvent Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Furfural Solvent Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Furfural Solvent as of 2022)
2.7 Date of Key Manufacturers Enter into Furfural Solvent Market
2.8 Key Manufacturers Furfural Solvent Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Furfural Solvent Status and Outlook by Region
3.1 Global Furfural Solvent Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Furfural Solvent Historic Market Size by Region
3.2.1 Global Furfural Solvent Sales in Volume by Region (2018-2023)
3.2.2 Global Furfural Solvent Sales in Value by Region (2018-2023)
3.2.3 Global Furfural Solvent Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Furfural Solvent Forecasted Market Size by Region
3.3.1 Global Furfural Solvent Sales in Volume by Region (2024-2029)
3.3.2 Global Furfural Solvent Sales in Value by Region (2024-2029)
3.3.3 Global Furfural Solvent Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Furfural Solvent by Application
4.1 Furfural Solvent Market Segment by Application
4.1.1 Petroleum Refining
4.1.2 Agricultural Formulations
4.1.3 Paints & Coatings
4.1.4 Pharmaceuticals
4.2 Global Furfural Solvent Market Size by Application
4.2.1 Global Furfural Solvent Market Size Overview by Application (2018-2029)
4.2.2 Global Furfural Solvent Historic Market Size Review by Application (2018-2023)
4.2.3 Global Furfural Solvent Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Furfural Solvent Sales Breakdown by Application (2018-2023)
4.3.2 Europe Furfural Solvent Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Furfural Solvent Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Furfural Solvent Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Furfural Solvent Sales Breakdown by Application (2018-2023)
5 North America Furfural Solvent by Country
5.1 North America Furfural Solvent Historic Market Size by Country
5.1.1 North America Furfural Solvent Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Furfural Solvent Sales in Volume by Country (2018-2023)
5.1.3 North America Furfural Solvent Sales in Value by Country (2018-2023)
5.2 North America Furfural Solvent Forecasted Market Size by Country
5.2.1 North America Furfural Solvent Sales in Volume by Country (2024-2029)
5.2.2 North America Furfural Solvent Sales in Value by Country (2024-2029)
6 Europe Furfural Solvent by Country
6.1 Europe Furfural Solvent Historic Market Size by Country
6.1.1 Europe Furfural Solvent Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Furfural Solvent Sales in Volume by Country (2018-2023)
6.1.3 Europe Furfural Solvent Sales in Value by Country (2018-2023)
6.2 Europe Furfural Solvent Forecasted Market Size by Country
6.2.1 Europe Furfural Solvent Sales in Volume by Country (2024-2029)
6.2.2 Europe Furfural Solvent Sales in Value by Country (2024-2029)
7 Asia-Pacific Furfural Solvent by Region
7.1 Asia-Pacific Furfural Solvent Historic Market Size by Region
7.1.1 Asia-Pacific Furfural Solvent Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Furfural Solvent Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Furfural Solvent Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Furfural Solvent Forecasted Market Size by Region
7.2.1 Asia-Pacific Furfural Solvent Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Furfural Solvent Sales in Value by Region (2024-2029)
8 Latin America Furfural Solvent by Country
8.1 Latin America Furfural Solvent Historic Market Size by Country
8.1.1 Latin America Furfural Solvent Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Furfural Solvent Sales in Volume by Country (2018-2023)
8.1.3 Latin America Furfural Solvent Sales in Value by Country (2018-2023)
8.2 Latin America Furfural Solvent Forecasted Market Size by Country
8.2.1 Latin America Furfural Solvent Sales in Volume by Country (2024-2029)
8.2.2 Latin America Furfural Solvent Sales in Value by Country (2024-2029)
9 Middle East and Africa Furfural Solvent by Country
9.1 Middle East and Africa Furfural Solvent Historic Market Size by Country
9.1.1 Middle East and Africa Furfural Solvent Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Furfural Solvent Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Furfural Solvent Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Furfural Solvent Forecasted Market Size by Country
9.2.1 Middle East and Africa Furfural Solvent Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Furfural Solvent Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Transfurans Chemicals
10.1.1 Transfurans Chemicals Company Information
10.1.2 Transfurans Chemicals Introduction and Business Overview
10.1.3 Transfurans Chemicals Furfural Solvent Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Transfurans Chemicals Furfural Solvent Products Offered
10.1.5 Transfurans Chemicals Recent Development
10.2 Illovo Sugar
10.2.1 Illovo Sugar Company Information
10.2.2 Illovo Sugar Introduction and Business Overview
10.2.3 Illovo Sugar Furfural Solvent Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Illovo Sugar Furfural Solvent Products Offered
10.2.5 Illovo Sugar Recent Development
10.3 Teijing North Furfural
10.3.1 Teijing North Furfural Company Information
10.3.2 Teijing North Furfural Introduction and Business Overview
10.3.3 Teijing North Furfural Furfural Solvent Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Teijing North Furfural Furfural Solvent Products Offered
10.3.5 Teijing North Furfural Recent Development
10.4 Goodrich Sugar & Chemical
10.4.1 Goodrich Sugar & Chemical Company Information
10.4.2 Goodrich Sugar & Chemical Introduction and Business Overview
10.4.3 Goodrich Sugar & Chemical Furfural Solvent Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Goodrich Sugar & Chemical Furfural Solvent Products Offered
10.4.5 Goodrich Sugar & Chemical Recent Development
10.5 Alchem Chemical
10.5.1 Alchem Chemical Company Information
10.5.2 Alchem Chemical Introduction and Business Overview
10.5.3 Alchem Chemical Furfural Solvent Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Alchem Chemical Furfural Solvent Products Offered
10.5.5 Alchem Chemical Recent Development
10.6 Linzi Organic Chemical
10.6.1 Linzi Organic Chemical Company Information
10.6.2 Linzi Organic Chemical Introduction and Business Overview
10.6.3 Linzi Organic Chemical Furfural Solvent Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Linzi Organic Chemical Furfural Solvent Products Offered
10.6.5 Linzi Organic Chemical Recent Development
10.7 Xing Tai Chunlei Furfural Alcohol
10.7.1 Xing Tai Chunlei Furfural Alcohol Company Information
10.7.2 Xing Tai Chunlei Furfural Alcohol Introduction and Business Overview
10.7.3 Xing Tai Chunlei Furfural Alcohol Furfural Solvent Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Xing Tai Chunlei Furfural Alcohol Furfural Solvent Products Offered
10.7.5 Xing Tai Chunlei Furfural Alcohol Recent Development
10.8 Penn Specialty Chemicals
10.8.1 Penn Specialty Chemicals Company Information
10.8.2 Penn Specialty Chemicals Introduction and Business Overview
10.8.3 Penn Specialty Chemicals Furfural Solvent Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Penn Specialty Chemicals Furfural Solvent Products Offered
10.8.5 Penn Specialty Chemicals Recent Development
10.9 BASF
10.9.1 BASF Company Information
10.9.2 BASF Introduction and Business Overview
10.9.3 BASF Furfural Solvent Sales, Revenue and Gross Margin (2018-2023)
10.9.4 BASF Furfural Solvent Products Offered
10.9.5 BASF Recent Development
10.10 The Good Scents
10.10.1 The Good Scents Company Information
10.10.2 The Good Scents Introduction and Business Overview
10.10.3 The Good Scents Furfural Solvent Sales, Revenue and Gross Margin (2018-2023)
10.10.4 The Good Scents Furfural Solvent Products Offered
10.10.5 The Good Scents Recent Development
10.11 Furfural Espanol
10.11.1 Furfural Espanol Company Information
10.11.2 Furfural Espanol Introduction and Business Overview
10.11.3 Furfural Espanol Furfural Solvent Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Furfural Espanol Furfural Solvent Products Offered
10.11.5 Furfural Espanol Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Furfural Solvent Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Furfural Solvent Industrial Chain Analysis
11.4 Furfural Solvent Market Dynamics
11.4.1 Furfural Solvent Industry Trends
11.4.2 Furfural Solvent Market Drivers
11.4.3 Furfural Solvent Market Challenges
11.4.4 Furfural Solvent Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Furfural Solvent Distributors
12.3 Furfural Solvent Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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