Astute Analytica’s recently published report on the Furfural Market. This comprehensive report offers the latest data on the market and provides insights into its growth prospects and challenges.

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One of the tools used in this report to evaluate the potential for new goods and services is the constraints and opportunity analysis. This aids businesses in locating and forecasting market opportunities. The report also contains a compilation of qualitative and quantitative evaluations made by subject-matter experts in their fields as well as representatives from various industries found all along the supply chain.

Global furfural market is projected to reach US$ 981.23 Mn by 2031 from US$ 508.4 Mn in 2022 at a CAGR of 8.7% during the forecast period 2023–2031. In terms of volume, the market was valued at 463.1 kilo tons in 2022 and is expected to grow at CAGR of 8.5% over the forecast period.

The paper discusses further findings that researchers made based on the comprehensive data and also offers information on the state of the market. The paper discusses kinds and applications based on various nations and important locations. The market’s most active companies are described in detail with regard to attributes like corporate portfolio, business strategy, financial overview, recent developments, and industry share.

The leading companies in the global Furfural Market include

  • Shandong Zibo Baofeng I&E Co.,Ltd.
  • Zhongkang Furfural Co., Ltd.
  • Shanghai Huiyingtong International Trading Co.,Ltd.
  • Arcoy Industries Pvt. Ltd
  • Hongye Holding Group Corporation Limited
  • Hebeichem
  • International Furan Chemicals B.V.
  • KRBL
  • Lenzing AG

The report also continuously monitors the direct impact COVID-19 (Update Omicron mutations study) has on the market, in addition to the indirect influence of related industries. The report will contain the observations.

The geographical regions are divided into several major categories for production, consumption, revenue (in US dollars), and market share in this analysis. The report discusses the predicted growth of the market in this region between 2021 and 2031.

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The segmentation overview of the global Furfural Market includes

By Raw Material:

  • Sugarcane Bagasse
  • Corncob
  • Rice Husk
  • Sunflower Hull
  • Others

By Application:

  • Furfuryl Alcohol
  • Solvent
  • Resins
  • Gasoline Additives
  • Fungicides
  • Flavor Enhancers
  • Decolorizing Agents
  • Agricultural Raw Materials
  • Others

By End User:

  • Petroleum Refineries
  • Agricultural Formulations
  • Pharmaceuticals
  • Paints & Coatings
  • Lubricants Industry
  • Cement Industry
  • Energy Sector
  • Adhesives
  • Food and Beverages Industry
  • Others

By Region:

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
  • Western Europe
    • The UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Western Europe
  • Eastern Europe
    • Poland
    • Russia
    • Rest of Eastern Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia & New Zealand
    • ASEAN
    • Rest of Asia Pacific
  • Rest of the World
    • Argentina
    • Brazil
    • Rest of South America
    • GCC
    • South Africa
    • Rest of MEA

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About Astute Analytica:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyse for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.

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