Global Furfural and Furfuryl Alcohol Market Outlook and Forecast

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MarketSegmentation

Market Value

Market Size (2023): USD 719.80

million

Projected Market Size (2032): USD

1,165.42 million

Compound Annual Growth Rate (CAGR): 5.50% during the forecast period

Market Opportunities

Sustainable Practices: Gro bio-based chemicals due t concerns.

Technological Advanceme production processes enh and yield.

Emerging Applications: Ex pharmaceuticals and agri

Sample Report

Key Players/Stakeholders

Major Companies Leading the Industry:

Aurus Speciality Company Limited

Central Romana Corporation

Hebei Xingtai Chunlei Furfuryl

AlcoholHenan Huilong Chemical

Hongye Holding Group Corporation

Limited

Sample Report

Regional Analysis

North America: Market size of USD 205.66 million in 2023; CAGR of 4.71%.

Europe: Significant growth driven by applications in synthetic fibers and pharmaceuticals.

Asia-Pacific: Rapid industrialization in countries like China and India fueling demand.

South America: Emerging markets with increasing investments in synthetic fibers and rubber industries.

Middle East & Africa: Growth opportunities driven by expanding industrial sectors.

About Us

•Established in 2015, 24Chemical Research specializes in providing comprehensive chemical industry research and analysis to support businesses in making well-informed decisions in this ever-evolving sector. Since our inception, we have been dedicated to delivering in-depth market research, identifying key trends, opportunities, and challenges shaping the global chemical industry.

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