Furfurylamine Market Analysis
Market Size, Share Global Outlook and Forecast 2025-2032
Publication Date: May 05 , 2025
The 2024 valuation represents a significant increase from previous years, reflecting the compound's growing importance in industrial applications.
Furfurylamine Market Overview
Furfurylamine is an organic compound derived from furfural, a biomass-derived chemical. It is a colorless to pale yellow liquid with a characteristic amine odor, widely used as a building block in chemical synthesis.
The compound serves as a key intermediate in pharmaceutical manufacturing and as a precursor for corrosion inhibitors.
Its molecular structure makes it particularly valuable for creating nitrogen-containing compounds.
Market Value & Growth Projections
Market Value & Growth Projections:
• Global Market Value (2024): US$ 126 Million
• Projected Market Value (2032): US$ 193 Million
• CAGR (2024-2029): 5.5%
Key Market Drivers:
Pharmaceutical industry's expansion
Market Segmentation
By Type
By Application
Purity ≥99%
Purity ≥98%
Others
By Region
Pharmaceutical
Corrosion Inhibitors
Other
North America
Europe
Middle East & Africa
Alkyl Amines Chemical Ltd.
Key Market Players
Pingquan
Fengsheng
Chemical
MINAFIN
Changzhou Huayang Technology
Regional Market Analysis
North America
The region benefits from advanced chemical manufacturing infrastructure and stringent quality standards that favor highpurity grades. .
Europe
Represents a mature market with stable demand, particularly from Germany and France where the chemical is used in pharmaceutical synthesis.
Asia-Pacific
Is the fastest-growing region, with China dominating both production and consumption. The region's expanding pharmaceutical sector and rapid industrialization have created strong demand for corrosion inhibitors.
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