Title: Transparent Conductive Films Market trends research and projections for 2017 – 2024
1Furfural Market Price, Packaging Trends, Industry
Outlook Forecast 2017-2024
2Global Market Scenario of Furfural Industry
- Furfural (C5H4O2) is a chemical compound which is
manufactured from the hemicellulose portion of
agriculture remains. It is transparent,
colourless or slightly yellowish coloured liquid.
Its exceptional property to dissolve unsaturated
olefins and aromatics makes it appropriate for
refining lubricating oils. Also, it is used to
manufacture wetting agents, foundry resins and
adhesives attributed to high reactivity low
viscosity and superb thermal, mechanical and
chemical properties. - Furfural market is used in various industries
which include intermediaries, pharmaceuticals,
solvents and furfural alcohol. Some other
applications of the product market are
herbicides, insecticides, pesticides and flavours
fragrances. Among this, furfuryl alcohol
dominates the application segment due to its
growing use as a binder in foundry industry as it
offers superior binding properties and mechanical
strength which are most needed in sand molds and
cores of foundries. - Furfural Market size has witnessed significant
growth due to up surge in demand for renewable
sources which has increased the demand for
bio-based chemicals among manufacturers.
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- The product is used in many end-use industries
into pharmaceuticals, paints coatings,
agricultural formulations and petroleum
refineries. Amongst, pharmaceutical and
agriculture sector is expected to drive the
product demand owing to its wide range of furan
based solvents and chemicals. - Reasons to Buy This Report
- 1. Furfural Market size share forecast
by product application, 2017-2024 - 2. Growth drivers, pitfalls industry
challenges - 3. Key Furfural Market growth
opportunities emerging business models - 4. Competitive benchmarking with market
share analysis and company profiles - North America furfural market will foresee
significant growth owing to increasing
pharmaceutical sector in the region will raise
the demand of the product market. Moreover, high
number of food beverage industry in the region
has accelerated the demand for flavourings. Latin
America product market is rapidly changing due to
industrialization which has raised the demand for
various metals, in turn, flourishing the market
size. - Asia Pacific, dominated by China is the fastest
growing region for furfural market due to up
surging demand for furan resins and easy
availability of raw materials. Surging growth in
grinding abrasive wheels, refinery and
pharmaceutical resins in India will enhance the
industry size in the region.
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