Report ID : 1321104 | Published : May 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Furfuryl Alcohol (CAS 98-00-0) Market is categorized based on Application (Furan Resins, Solvents, Chemical Intermediates, Pharmaceuticals, Agricultural Chemicals) and End-User Industry (Construction, Automotive, Electronics, Healthcare, Packaging) and Production Method (Catalytic Hydrogenation, Furfural Hydrogenation, Biochemical Conversion, Thermochemical Conversion, Chemical Synthesis) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
The Furfuryl Alcohol (CAS 98-00-0) Market size was valued at USD 450 million in 2023 and is projected to reach USD 750 million by 2033, growing at a CAGR of 5.3% from 2024 to 2033. This report includes various market segments and analyzes the key trends and factors influencing market growth.
Furfuryl Alcohol (CAS 98-00-0) is an important compound used in the production of plastics, resins, solvents, and adhesives. It is a colorless liquid which is produced via the furfural process. In recent years, furfuryl alcohol has gained attention for its use in enhancing the properties of adhesives and coatings, and our B2B stakeholders are becoming more interested as the demand for furfuryl alcohol increases due to its eco-friendly and sustainable characteristics.
Recent studies have shown strong growth potential in the furfuryl alcohol market driven by the adoption of bio-based materials and sustainable materials. In addition to improving overall performance of materials, furfuryl alcohol also aligns with the push for global sustainability since it can be made from renewable feedstock agricultural products. As more industries strive to reduce their carbon footprint, the more prominent furfuryl alcohol will become.
In demand and supply economic furfuryl alcohol, its potential demand and curtailment an opportunity furfuryl alcohol for business options understanding is vital in this fast ever changing world. Advancing technologies and policies are isssues of drastic importance and analyzing furfuryl market will help make decisions for leaders talking into why and how to make future prospects and decisions in this intricate emerging world.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2023-2033 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2033 |
HISTORICAL PERIOD | 2023-2024 |
UNIT | VALUE (USD BILLION) |
KEY COMPANIES PROFILED | Galileo Energy, Dazheng Group, Penn A Kem LLC, Furfuryl Alcohol Company, Shijiazhuang City Sanyou Chemical Industries, Zibo Qixin Chemical Industrial, Kraton Corporation, Penta Manufacturing Company, Shandong Shengye Chemical, Novasep, Green Biologics |
SEGMENTS COVERED |
By Application - Furan Resins, Solvents, Chemical Intermediates, Pharmaceuticals, Agricultural Chemicals By End-User Industry - Construction, Automotive, Electronics, Healthcare, Packaging By Production Method - Catalytic Hydrogenation, Furfural Hydrogenation, Biochemical Conversion, Thermochemical Conversion, Chemical Synthesis By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
The Furfuryl Alcohol (CAS 98-00-0) Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
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