Furfural Market Size, Share & Trends Analysis Report By Process (Quaker Batch Process), By Raw Material (Corn Cob), By Application (Furfuryl Alcohol), By End-use, By Region, And Segment Forecasts, 2023 - 2030
- Report ID: 978-1-68038-301-0
- Number of Pages: 125
- Format: Electronic (PDF)
- Historical Range: 2018 - 2021
- Industry: Specialty & Chemicals
Market Segmentation
- Furfural Process Outlook (Volume, Tons; Revenue, USD Thousands; 2018 - 2030)
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- Others
- Furfural Raw Material Outlook (Volume, Tons; Revenue, USD Thousands; 2018 - 2030)
- Corn cob
- Sugarcane bagasse
- Sunflower hull
- Rice husk
- Others
- Furfural Application Outlook (Volume, Tons; Revenue, USD Thousands; 2018- 2030)
- Furfuryl alcohol
- Solvent
- Intermediate
- Others
- Furfural End-use Outlook (Volume, Tons; Revenue, USD Thousands; 2018- 2030)
- Agriculture
- Paints & Coatings
- Pharmaceuticals
- Food & Beverage
- Refineries
- Others
- Furfural Regional Outlook (Volume, Tons; Revenue, USD Thousands; 2018- 2030)
- North America
- North America Furfural Market, By Process
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- North America Furfural Market, By Raw Material
- Corn cob
- Sugarcane bagasse
- Sunflower hull
- Rice husk
- Others
- North America Furfural Market, By Application
- Furfuryl alcohol
- Solvent
- Intermediate
- Others
- North America Furfural Market, By End-Use
- Agriculture
- Paints & Coatings
- Pharmaceuticals
- Food & Beverage
- Refineries
- Others
- U.S.
- U.S. Furfural Market, By Process
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- U.S. Furfural Market, By Raw Material
- Corn cob
- Sugarcane bagasse
- Sunflower hull
- Rice husk
- Others
- U.S. Furfural Market, By Application
- Furfuryl alcohol
- Solvent
- Intermediate
- Others
- U.S. Furfural Market, By End-Use
- Agriculture
- Paints & Coatings
- Pharmaceuticals
- Food & Beverage
- Refineries
- Others
- U.S. Furfural Market, By Process
- Canada
- Canada Furfural Market, By Process
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- Canada Furfural Market, By Raw Material
- Corn cob
- Sugarcane bagasse
- Sunflower hull
- Rice husk
- Others
- Canada Furfural Market, By Application
- Furfuryl alcohol
- Solvent
- Intermediate
- Others
- Canada Furfural Market, By End-Use
- Agriculture
- Paints & Coatings
- Pharmaceuticals
- Food & Beverage
- Refineries
- Others
- Canada Furfural Market, By Process
- Mexico
- Mexico Furfural Market, By Process
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- Mexico Furfural Market, By Raw Material
- Corn cob
- Sugarcane bagasse
- Sunflower hull
- Rice husk
- Others
- Mexico Furfural Market, By Application
- Furfuryl alcohol
- Solvent
- Intermediate
- Others
- Mexico Furfural Market, By End-Use
- Agriculture
- Paints & Coatings
- Pharmaceuticals
- Food & Beverage
- Refineries
- Others
- Mexico Furfural Market, By Process
- North America Furfural Market, By Process
- Europe
- Europe Furfural Market, By Process
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- Europe Furfural Market, By Raw Material
- Corn cob
- Sugarcane bagasse
- Sunflower hull
- Rice husk
- Others
- Europe Furfural Market, By Application
- Furfuryl alcohol
- Solvent
- Intermediate
- Others
- Europe Furfural Market, By End-Use
- Agriculture
- Paints & Coatings
- Pharmaceuticals
- Food & Beverage
- Refineries
- Others
- Germany
- Germany Furfural Market, By Process
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- Germany Furfural Market, By Raw Material
- Corn cob
- Sugarcane bagasse
- Sunflower hull
- Rice husk
- Others
- Germany Furfural Market, By Application
- Furfuryl alcohol
- Solvent
- Intermediate
- Others
- Germany Furfural Market, By End-Use
- Agriculture
- Paints & Coatings
- Pharmaceuticals
- Food & Beverage
- Refineries
- Others
- Germany Furfural Market, By Process
- France
- France Furfural Market, By Process
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- France Furfural Market, By Raw Material
- Corn cob
- Sugarcane bagasse
- Sunflower hull
- Rice husk
- Others
- France Furfural Market, By Application
- Furfuryl alcohol
- Solvent
- Intermediate
- Others
- France Furfural Market, By End-Use
- Agriculture
- Paints & Coatings
- Pharmaceuticals
- Food & Beverage
- Refineries
- Others
- France Furfural Market, By Process
- Italy
- Italy Furfural Market, By Process
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- Italy Furfural Market, By Raw Material
- Corn cob
- Sugarcane bagasse
- Sunflower hull
- Rice husk
- Others
- Italy Furfural Market, By Application
- Furfuryl alcohol
- Solvent
- Intermediate
- Others
- Italy Furfural Market, By End-Use
- Agriculture
- Paints & Coatings
- Pharmaceuticals
- Food & Beverage
- Refineries
- Others
- Italy Furfural Market, By Process
- Spain
- Spain Furfural Market, By Process
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- Spain Furfural Market, By Raw Material
- Corn cob
- Sugarcane bagasse
- Sunflower hull
- Rice husk
- Others
- Spain Africa Furfural Market, By Application
- Furfuryl alcohol
- Solvent
- Intermediate
- Others
- Spain Furfural Market, By End-Use
- Agriculture
- Paints & Coatings
- Pharmaceuticals
- Food & Beverage
- Refineries
- Others
- Spain Furfural Market, By Process
- UK
- UK Furfural Market, By Process
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- UK. Furfural Market, By Raw Material
- Corn cob
- Sugarcane bagasse
- Sunflower hull
- Rice husk
- Others
- UK. Furfural Market, By Application
- Furfuryl alcohol
- Solvent
- Intermediate
- Others
- UK. Furfural Market, By End-Use
- Agriculture
- Paints & Coatings
- Pharmaceuticals
- Food & Beverage
- Refineries
- Others
- UK Furfural Market, By Process
- Europe Furfural Market, By Process
- Asia Pacific
- Asia Pacific Furfural Market, By Process
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- Asia Pacific Furfural Market, By Raw Material
- Corn cob
- Sugarcane bagasse
- Sunflower hull
- Rice husk
- Others
- Asia Pacific Furfural Market, By Application
- Furfuryl alcohol
- Solvent
- Intermediate
- Others
- Asia Pacific Furfural Market, By End-Use
- Agriculture
- Paints & Coatings
- Pharmaceuticals
- Food & Beverage
- Refineries
- Others
- India
- India Furfural Market, By Process
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- India Furfural Market, By Raw Material
- Corn cob
- Sugarcane bagasse
- Sunflower hull
- Rice husk
- Others
- India Furfural Market, By Application
- Furfuryl alcohol
- Solvent
- Intermediate
- Others
- India Furfural Market, By End-Use
- Agriculture
- Paints & Coatings
- Pharmaceuticals
- Food & Beverage
- Refineries
- Others
- India Furfural Market, By Process
- Japan
- Japan Furfural Market, By Process
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- Japan Furfural Market, By Raw Material
- Corn cob
- Sugarcane bagasse
- Sunflower hull
- Rice husk
- Others
- Japan Furfural Market, By Application
- Furfuryl alcohol
- Solvent
- Intermediate
- Others
- Japan Furfural Market, By End-Use
- Agriculture
- Paints & Coatings
- Pharmaceuticals
- Food & Beverage
- Refineries
- Others
- Japan Furfural Market, By Process
- South Korea
- South Korea Furfural Market, By Process
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- South Korea Furfural Market, By Raw Material
- Corn cob
- Sugarcane bagasse
- Sunflower hull
- Rice husk
- Others
- South Korea Furfural Market, By Application
- Furfuryl alcohol
- Solvent
- Intermediate
- Others
- South Korea Furfural Market, By End-Use
- Agriculture
- Paints & Coatings
- Pharmaceuticals
- Food & Beverage
- Refineries
- Others
- South Korea Furfural Market, By Process
- China
- China Furfural Market, By Process
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- China Furfural Market, By Raw Material
- Corn cob
- Sugarcane bagasse
- Sunflower hull
- Rice husk
- Others
- China Furfural Market, By Application
- Furfuryl alcohol
- Solvent
- Intermediate
- Others
- China Furfural Market, By End-Use
- Agriculture
- Paints & Coatings
- Pharmaceuticals
- Food & Beverage
- Refineries
- Others
- China Furfural Market, By Process
- Asia Pacific Furfural Market, By Process
- Central & South America
- Central & South America Furfural Market, By Process
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- Central & South America Furfural Market, By Raw Material
- Corn cob
- Sugarcane bagasse
- Sunflower hull
- Rice husk
- Others
- Central & South America Furfural Market, By Application
- Furfuryl alcohol
- Solvent
- Intermediate
- Others
- Central & South America Furfural Market, By End-Use
- Agriculture
- Paints & Coatings
- Pharmaceuticals
- Food & Beverage
- Refineries
- Others
- Brazil
- Brazil Furfural Market, By Process
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- Brazil Furfural Market, By Raw Material
- Corn cob
- Sugarcane bagasse
- Sunflower hull
- Rice husk
- Others
- Brazil Furfural Market, By Application
- Furfuryl alcohol
- Solvent
- Intermediate
- Others
- Brazil Furfural Market, By End-Use
- Agriculture
- Paints & Coatings
- Pharmaceuticals
- Food & Beverage
- Refineries
- Others
- Brazil Furfural Market, By Process
- Central & South America Furfural Market, By Process
- Middle East & Africa
- Middle East & Africa Furfural Market, By Process
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- Middle East & Africa Furfural Market, By Raw Material
- Corn cob
- Sugarcane bagasse
- Sunflower hull
- Rice husk
- Others
- Middle East & Africa Furfural Market, By Application
- Furfuryl alcohol
- Solvent
- Intermediate
- Others
- Middle East & Africa Furfural Market, By End-Use
- Agriculture
- Paints & Coatings
- Pharmaceuticals
- Food & Beverage
- Refineries
- Others
- South Africa
- South Africa Furfural Market, By Process
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- South Africa Furfural Market, By Raw Material
- Corn cob
- Sugarcane bagasse
- Sunflower hull
- Rice husk
- Others
- South Africa Furfural Market, By Application
- Furfuryl alcohol
- Solvent
- Intermediate
- Others
- South Africa Furfural Market, By End-Use
- Agriculture
- Paints & Coatings
- Pharmaceuticals
- Food & Beverage
- Refineries
- Others
- South Africa Furfural Market, By Process
- Saudi Arabia
- Saudi Arabia Furfural Market, By Process
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- Saudi Arabia Furfural Market, By Raw Material
- Corn cob
- Sugarcane bagasse
- Sunflower hull
- Rice husk
- Others
- Saudi Arabia Furfural Market, By Application
- Furfuryl alcohol
- Solvent
- Intermediate
- Others
- Saudi Arabia Furfural Market, By End-Use
- Agriculture
- Paints & Coatings
- Pharmaceuticals
- Food & Beverage
- Refineries
- Others
- Saudi Arabia Furfural Market, By Process
- Turkey
- Turkey Furfural Market, By Process
- Quaker Batch Process
- Chinese Batch Process
- Rosenlew Continuous Process
- Turkey Furfural Market, By Raw Material
- Corn cob
- Sugarcane bagasse
- Sunflower hull
- Rice husk
- Others
- Turkey Furfural Market, By Application
- Furfuryl alcohol
- Solvent
- Intermediate
- Others
- Turkey Furfural Market, By End-Use
- Agriculture
- Paints & Coatings
- Pharmaceuticals
- Food & Beverage
- Refineries
- Others
- Turkey Furfural Market, By Process
- Middle East & Africa Furfural Market, By Process
- North America
Furfural Market Dynamics
Drivers Increasing demand for furfuryl alcohol
Furfuryl alcohol, also known as 2-furylmethanol is an organic composite, comprising a furan substituted by a hydroxymethyl group. Furfural, which is a derivative of corncobs and sugarcane bagasse, undergoes catalytic reduction in order to form furfuryl alcohol. Furfuryl alcohol is generally used as a solvent; however, its key application is as a chemical intermediate in the production of several chemical products, comprising adhesives, wetting agents, and foundry resins. Furfuryl alcohol has witnessed high demand since 2016, owing to the growing usage of the product in the foundry, agriculture, and construction industries, among others. The product is largely used in resins and plastics applications. A surge in research and development activities in the segment of rocket fuel is predicted to boost the demand for furfuryl alcohol. The products also play an indispensable role in manufacturing in the foundry sector in the formulation of molds for metal casting.
Growth in foundry industry
The metal casting sector is important to the underlying security and financial development of numerous countries across the world. The foundries melt non-ferrous as well as ferrous alloys and dispense them into molds to profile them into finished goods by means of solidification. Furfural & its derivatives are used in the foundry sector for the formulation of molds for metal casting. Mounting production of metal castings is predicted to boost the growth of the foundry industry, which is further predicted to boost the demand for furfural. As per the World Foundry Organization, China was listed as the home to the biggest foundry industry across the globe in 2018, with nearly 26,000 foundries in the nation, followed by India, with 4,500 foundries. China’s metal castings production in 2017 held record of approx. 49,000,000 tons, highest across the globe, followed by India at 12,055,100 tons. The Indian foundry sector is a key exporter of several finished foundry goods. The foundry product mix in the country comprises 68% of grey iron, 11 % of non-ferrous, 10% of steel, 10% of S.G. Iron, and 1% of malleable iron.
Restraint Unstable raw material prices
Furfural is manufactured using feedstock, including corncob, sugarcane bagasse, sunflower hull, and rice husk, among others. Corncob, also called grain maize, is the primary raw material in the production of furfural, as it gives a high yield, and contains high pentosane content as compared to other raw materials. Fluctuations in the availability of raw materials can result in price fluctuations of these raw materials, especially corncob. Furfural market has observed fluctuations in furfural prices owing to a surge in raw material prices, concerning the climate changes.
What Does This Report Include?
This section will provide insights into the contents included in this furfural market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Furfural market qualitative analysis
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Industry overview
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Industry trends
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Market drivers and restraints
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Market size
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Growth prospects
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Porter’s analysis
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PESTEL analysis
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Key market opportunities prioritized
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Competitive landscape
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Company overview
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Financial performance
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Product benchmarking
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Latest strategic developments
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Furfural market quantitative analysis
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Market size, estimates, and forecast from 2018 to 2030
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Market estimates and forecast for product segments up to 2030
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Regional market size and forecast for product segments up to 2030
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Market estimates and forecast for application segments up to 2030
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Regional market size and forecast for application segments up to 2030
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Company financial performance
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