Global Furfural Market Size Forecast, Top 12 Players Rank and Market Share (Internet Services - Other Internet Services)
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Global Furfural Market Size Forecast, Top 12 Players Rank and Market Share | |
Free Online Advertising Free Internet Web Site Advertising. UK Free Classifieds United Kingdom Free Ads Website. 100% Free Ad Posting. Canada Free Ads Popular Online Classifieds in Canada. No Sign up, No Email Required to Post. According to the new market research report “Global Furfural Market Report 2023-2029”, published by QYResearch, the global Furfural market size is projected to reach USD 1.1 billion by 2029, at a CAGR of 3.0% during the forecast period. According to QYResearch Top Players Research Center, the global key manufacturers of Furfural include Central Romana, Hebei Xingtai Chunlei, Illovo Sugar, Lenzing, Henan Huilong Chemical, Hongye Chemical, Penn A Kem, Zhucheng Taisheng Chemical, Zibo Huaao Chemical, Silvateam, etc. In 2022, the global top five players had a share approximately 24.0% in terms of revenue. Market Drivers: D1: Furfural downstream is mainly furfuryl alcohol and solvents. More than 85% of furfural is used to produce furfuryl alcohol. Furfuryl alcohol is widely used. Furfuryl alcohol is an important chemical raw material in self-hardening furan resins, synthetic fibers, rubber, lubricants and foundry industries, as well as an important raw material for fine chemicals such as pharmaceuticals, pesticides and coatings. Furfuryl alcohol demand has increased due to increased product demand for furan resin synthesis and thermoset polymer-based compounds, cement, adhesives, coatings and casting resin formulations. D2: In recent years, the state has attached increasing importance to the bio-industry, and has introduced a series of policies to promote the development of the industry. Biochemicals play a very key role in the development of industrial technology progress and industrial adjustment. The development of biochemicals will strongly promote the change and progress of biotechnology and chemical production technology, and produce huge economic and social benefits. D3: Furfural downstream application prospects are broad, thanks to the development of downstream industries, the global furfural will maintain a high growth rate Restraint: R1: In recent years, with the strengthening of environmental protection, some small-scale furfural manufacturers have been banned due to substandard environmental control facilities and security facilities, and the market demand is more incremental. Leading enterprises reduce their own costs through economies of scale, and small enterprises have higher costs. R2: Furfural enterprises have a bigger pollution problem, producing a large amount of wastewater and complex composition, which will cause serious pollution to the local ecological environment if it is not discharged after meeting the standards. R3: Influenced by global climate change, changes in corn production also have a significant impact on the supply of corn cobs. For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.  | |
| Target State: All States Target City : All Cities Last Update : Apr 14, 2024 10:17 PM Number of Views: 81 | Item Owner : Joyce Contact Email: Contact Phone: 13051817187 |
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2024-12-22 (0.390 sec)