Research Report on Global Furfural Market 2016 to 2022 added by DecisionDatabases.com studies the current and upcoming Market Size, Share, Demand, Growth, Trend and Forecast.
The report on global furfural market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research done by the analysts. The study extensively provides the market share, growth, trends and forecasts for the period 2016–2022. The market size in terms of volume (KT) and revenue (USD MN) is calculated for the study period along with the details of the factors affecting the market growth (drivers and restraints).
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The report classifies the market into different segments based on application. These segments are studied in detail incorporating the market estimates and forecasts at regional and country level. The segment analysis is useful in understanding the growth areas and probable opportunities of the market.
A glimpse of the major drivers and restraints affecting this market is mentioned below :
A. Drivers :
– Environmental awareness to replace fossil resources with renewable alternatives
– Increasing applications in various end user industries
– Growing demand for furfural in pharmaceuticals industry
B. Restraints :
– Inefficient production process leading to low yield and high product cost
The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved. The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
C. Major player assessed in the report are :
– 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.
Geographically, this market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America and the Middle East And Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
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D. SEGMENTATIONS IN THE REPORT :
1. By Applications :
– Furfuryl Alcohol
– Chemical Intermediates
– Others (Flavors & Fragrance, Herbicides, Pesticides, etc.)
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