Global Furfural Market Infographics Description:
- The Global Furfural Market is estimated at US$ 561.7 in 2020.
- Worldwide Furfural Market is projected to reach US$ 941.5 Mn in 2030 at a CAGR of 5.4% from 2020 to 2030.
- Amongst raw material, the corncob segment in the global furfural market is estimated to account for a majority revenue share of 39.8% in 2020 end.
- Among all the application segments, the furfuryl alcohol is expected to register the highest CAGR of over 5.9%, followed by the powdered sugar segment.
- Among all the end-use segments, the petroleum refineries is expected to register the highest CAGR of over 6.4%, followed by the paint & coatings segment.
- APAC market is expected to dominate the global furfural market. It is expected to account for the largest market revenue share as compared to that of markets in other regions.
- Companies profiled in the report are Lenzing AG, Central Romana Corporation, Ltd., Illovo Sugar Limited, KRBL Ltd., Hebei Xingtai Chunlei Furfuryl Alcohol Co., Ltd., Hongye Holding Group Corporation Limited, Silvateam, Aurus Specialty Company ltd, Hefei TNJ Chemical Industry Co., Ltd and others