Global Furfurol market cagr 11.6%

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Furfurol Market

Furfurol Market Scope: Industry Analysis, Market

Size, Growth, Trends Till 2031

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Furfurol Market Size and Growth

The global furfural market is expected to witness significant growth due to increasing demand from the pharmaceutical, food, and agricultural industries. The market size is projected to reach USD 360 million by 2025, driven by the rising awareness about sustainable and eco-friendly products. Key players include Avantium, Penn Chemicals, and International Furan Chemicals. Request

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Companies Covered (Covid 19 Impact Covered)

◍ Central Romana

◍ Illovo Sugar

◍ Lenzing Group

◍ Penn A Kem

◍ Silvateam

◍ KRBL

◍ Nutrafur

◍ Hongye Holding

◍ China Furfural

◍ Shijiazhuang Guangxin Weiye

◍ Zhucheng Taisheng Chemical

◍ Zibo Huaao Chemical

◍ Henan Huilong Chemical

◍ Pingquan Fengsheng Chemical

◍ Hongye Chemical

◍ Zhongkang

◍ Hebei Xingtai Chunlei

The competitive landscape of the Furfurol market includes companies such as Central Romana, Illovo Sugar, Lenzing Group, Penn A Kem, Silvateam, KRBL, Nutrafur, Hongye Holding, China Furfural, Shijiazhuang

Guangxin Weiye, Zhucheng Taisheng Chemical, Zibo

Huaao Chemical, Henan Huilong Chemical, Pingquan

Fengsheng Chemical, Hongye Chemical, Zhongkang, Hebei Xingtai Chunlei.

These companies utilize Furfurol in various industries such as food processing, pharmaceuticals, textiles, and chemicals. They contribute towards the growth of the Furfurol market by developing innovative products and expanding their market reach.

- Central Romana: $500 million

- Illovo Sugar: $1.2 billion

- Lenzing Group: $2.4 billion

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Market Segmentation

By Application

◍ Solvent

◍ Furfural Alcohol

◍ Other

By Product

◍ Purity 99%

◍ Purity 98.5%

◍ Other

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$ X Billion USD
Market Growth
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