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市场调查报告书
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夫喃甲醇市场报告:2031 年趋势、预测与竞争分析

Furfural Market Report: Trends, Forecast and Competitive Analysis to 2031

出版日期: | 出版商: Lucintel | 英文 150 Pages | 商品交期: 3个工作天内

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简介目录

全球夫喃甲醇市场的未来在农业、油漆和涂料、食品和饮料以及精製市场充满机会。预计到 2031 年全球夫喃甲醇市场规模将达到 10.5 亿美元,2025 年至 2031 年的复合年增长率为 6.5%。该市场的主要驱动力是糠醇需求的不断增长、夫喃甲醇在陶瓷复合材料、玻璃纤维、砖块等各种耐火材料产品中的使用日益增多,以及各国农业实践中杀虫剂和杀菌剂的使用日益增多。

  • Lucintel 预测,在原料类别中,玉米芯将在预测期内保持成长最快的地位,因为它适应性强,可作为生产各种生质燃料和化学产品的原料,同时也是夫喃甲醇生产的首选原料。
  • 在最终用途行业类别中,预计炼油厂将在预测期内保持最高成长率,因为甲苯通常用作石油精製製程、特种黏合剂和润滑剂中的溶剂,并透过加氢转化为 2-甲基四氢呋喃和 2-甲基呋喃。
  • 由于中国、印度和日本等经济体的农业、食品和饮料、製药和炼油厂等各个终端用途领域的扩张导致夫喃甲醇产量庞大,预计亚太地区在预测期内将维持最高的成长率。

夫喃甲醇市场的策略性成长机会

夫喃甲醇市场的策略性成长机会包括:

  • 药物:夫喃甲醇独特的化学性质使其在製药製造中具有价值,报告描述了其在开发新药物和中间体方面的潜力。
  • 农药:夫喃甲醇在农业化学品(包括农药和除草剂)的使用具有成长潜力,尤其是随着农业生产力的提高。
  • 生质燃料:夫喃甲醇的可再生和能量含量使其成为生质燃料添加剂的良好前景,并且有机会生产环境可接受的夫喃甲醇基生质燃料。
  • 先进材料:由于石化和聚合物产业的永续性优势,夫喃甲醇生产聚合物和树脂具有成长潜力。
  • 可再生原料:利用农业残留物等生物质原料生产夫喃甲醇符合永续性目标,并为提高生产力和减少环境影响提供了机会。

这些成长机会将扩大应用范围,促进现代化,并促进夫喃甲醇市场的生态学永续性进程。

夫喃甲醇市场驱动因素与挑战

同时,夫喃甲醇市场也面临各种驱动因素​​与挑战。

推动夫喃甲醇市场发展的因素有:

  • 技术进步:新的生产技术,例如更好的催化剂和工艺,使夫喃甲醇生产更有效率、更便宜。这些发展将透过最大化产量和降低成本来推动市场成长。
  • 致力于永续性:对永续性和绿色化学的日益关注是生物来源和环保夫喃甲醇的关键驱动力。这一趋势与全球减少污染影响和利用可再生资源的努力一致。
  • 多样化应用:夫喃甲醇在医药、农业化学品和先进材料的应用日益广泛,为市场开闢了新的途径。这种市场多样化有利于透过新的应用和细分市场实现市场成长。
  • 农业残留物作为原料:用于夫喃甲醇生产的农业残留物等原料可促进永续性,同时提高废弃物管理的效率。使用可再生资源也增加了夫喃甲醇生产的经济可行性。
  • 新兴市场需求不断增加:新兴国家特别是亚洲的工业化、都市化进程,正增加对夫喃甲醇的需求。这些趋势为市场扩张和生产能力投资提供了令人兴奋的机会。

夫喃甲醇市场面临的挑战如下:

  • 生产成本高:夫喃甲醇生产流程复杂,原料复杂,对价格影响较大。夫喃甲醇生产的复杂製程和原料会对价格产生重大影响,製造商面临的挑战是控制这些成本,同时将产品品质维持在所需的水准。
  • 遵守法规:环境法规越来越严格,迫使许多製造商采用「更清洁」的生产方法和新技术。法规遵从推动成本降低,并持续需要技术和方法投资。
  • 市场竞争:夫喃甲醇产业竞争激烈,影响价格与盈利。为了业务永续营运,他们需要改变创新、品质和控製成本的方式,以在市场上更具竞争力。

这些驱动因素和挑战从生产实践、市场动态和成长机会的角度定义了特定的夫喃甲醇市场。产业的变化有利于应对这些挑战并受益于新的前景。

目录

第一章执行摘要

第二章全球夫喃甲醇市场:市场动态

  • 简介、背景和分类
  • 供应链
  • 产业驱动力与挑战

第三章 2019年至2031年市场趋势及预测分析

  • 宏观经济趋势(2019-2024)及预测(2025-2031)
  • 全球夫喃甲醇市场趋势(2019-2024)及预测(2025-2031)
  • 全球夫喃甲醇市场(按原始材料)
    • 玉米棒
    • 甘蔗渣
    • 葵花籽壳
    • 稻壳
    • 其他的
  • 全球夫喃甲醇市场按应用划分
    • 糠醇
    • 溶剂
    • 中间体
    • 其他的
  • 全球夫喃甲醇市场(按最终用途行业划分)
    • 农业
    • 油漆和涂料
    • 製药
    • 饮食
    • 炼油厂
    • 其他的

第四章2019年至2031年区域市场趋势与预测分析

  • 区域夫喃甲醇市场
  • 北美夫喃甲醇市场
  • 欧洲夫喃甲醇市场
  • 亚太夫喃甲醇市场
  • 其他地区夫喃甲醇市场

第五章 竞争分析

  • 产品系列分析
  • 营运整合
  • 波特五力分析

第六章 成长机会与策略分析

  • 成长机会分析
    • 全球夫喃甲醇市场成长机会(按原料)
    • 全球夫喃甲醇市场的成长机会(按应用)
    • 全球夫喃甲醇市场终端用途产业成长机会
    • 区域夫喃甲醇市场的成长机会
  • 全球夫喃甲醇市场新趋势
  • 战略分析
    • 新产品开发
    • 全球夫喃甲醇市场产能扩大
    • 全球夫喃甲醇市场的併购与合资
    • 认证和许可

第七章主要企业简介

  • Illovo Group
  • Linzi Organic Chemical
  • Trans Furans Chemicals bvba
  • Central Romana Corporation
  • DalinYebo
  • Hebeichem
  • KRBL
简介目录

The future of the global furfural market looks promising with opportunities in the agriculture, paints & coating, pharmaceutical, food & beverage, and refinery markets. The global furfural market is expected to reach an estimated $1050 million by 2031 with a CAGR of 6.5% from 2025 to 2031. The major drivers for this market are increasing demand for furfuryl alcohol, expanding usage of furfural in various refractory products such as ceramic composites, fiberglass, and bricks, and heightened utilization of pesticides and fungicides in agricultural practices across various nations.

  • Lucintel forecasts that, within the raw material category, corn cobs will remain the highest growing segment over the forecast period because of their adaptability and it helps in playing as a feedstock in the manufacturing of diverse biofuels and chemical products, as well as, it is the most desirable raw material for furfural production.
  • Within the end use industry category, refineries will remain the highest growing segment over the forecast period because it is commonly employed as a solvent in the petroleum refining process, specialized adhesives, and lubricants, and through hydrogenation and it can also be converted into 2-methyl tetrahydrofuran and 2-methyl furan, both of which find application as gasoline additives.
  • In terms of regions, APAC will remain the highest growing region over the forecast period due to significant furfural production, accompanied by expansion in various end-use sectors, such as agriculture, food and beverages, pharmaceuticals, and refineries within the economies of China, India, and Japan.

Gain valuable insights for your business decisions with our comprehensive 150+ page report.

Emerging Trends in the Furfural Market

The furfural market is driven by various emerging trends:

  • Sustainability and Green Chemistry: There is a remarkable shift towards using furfural in sustainable and green chemistry. It is increasingly applied as a bio solvent and a matrix for environmentally friendly chemicals in biorefineries, contributing to global sustainability goals.
  • Technological Innovations: Advances in production technologies, including improved catalysts and process designs, are enhancing the efficiency and economics of furfural production. These innovations are lowering costs and expanding production capabilities.
  • Expansion in Applications: New applications for furfural are being discovered beyond traditional uses in pharmaceuticals and agrochemicals. This broadening of applications is creating new opportunities within the market.
  • Increased Use of Agricultural Residues: There is a growing recognition of the potential for agricultural residues to be used in furfural production, reducing waste and aligning with sustainable and circular economy practices.
  • Growth in Biofuels: Furfural is gaining attention as a potential biofuel supplement due to its high calorific value and renewability. This shift is driven by the demand for cleaner and more sustainable fuel alternatives.
  • Regulatory Changes: The furfural market is impacted by stringent environmental policies that compel manufacturers to adopt cleaner and more efficient production methods, shaping competitive dynamics in the industry.
  • Rising Demand in Emerging Markets: Fast-growing economies in Asia are exhibiting above-average consumption of furfural due to industrialization and urbanization, enabling producers to expand their market portfolios.

These trends are reframing the furfural market, fostering innovation, broadening applications, and enhancing sustainability efforts.

Recent Developments in the Furfural Market

Recent developments in the furfural market reflect ongoing advancements and shifts:

  • Advanced Production Technologies: Innovations in catalytic processes are enhancing furfural output and reducing production costs, making furfural more accessible and economical.
  • Increased Focus on Sustainability: There is a trend towards sourcing furfural from raw plant materials, aligning with global sustainability initiatives and minimizing ecological impact.
  • Expansion into New Applications: Furfural is being integrated into the production of medicines and advanced materials, driven by its unique properties and potential benefits across various industries.
  • Growth in Agricultural Residue Utilization: Initiatives are emerging to use agricultural waste as feedstock for furfural production, promoting sustainability and reducing reliance on fossil fuels.
  • Technological Improvements in Catalysts: Advances in catalyst development are improving furfural production efficiency, leading to higher outputs and lower costs.
  • Regulatory Compliance and Adaptation: The furfural industry is adapting to stricter environmental laws by implementing more eco-friendly manufacturing processes, ensuring competitiveness in the market.
  • Emerging Market Demand: Furfural is increasingly being utilized in new markets, particularly in Asia, prompting companies to expand production facilities and distribution channels to meet growing demand.

These developments enhance production efficiency, widen application ranges, and align with sustainability and compliance requirements.

Strategic Growth Opportunities for Furfural Market

Strategic growth opportunities in the furfural market include:

  • Pharmaceuticals: Furfural's unique chemical properties make it valuable in drug production, offering the potential for developing new pharmaceuticals and intermediates.
  • Agrochemicals: The use of furfural in agrochemicals, including pesticides and herbicides, presents growth potential, especially as agricultural productivity increases.
  • Biofuels: Furfural's renewability and energy content make it a promising additive in biofuels, with opportunities for producing environmentally acceptable, furfural-based biofuels.
  • Advanced Materials: Growth avenues exist in the production of polymers and resins from furfural, benefiting from sustainability advantages in the petrochemical and polymer industries.
  • Renewable Feedstocks: Utilizing biomass feedstocks, such as agricultural residues, for furfural production aligns with sustainability goals, offering opportunities for improved productivity and reduced environmental footprints.

These growth opportunities broaden applications, facilitate modernization, and contribute to ecological sustainability processes within the furfural market.

Furfural Market Driver and Challenges

At the same time, within the furfural market, there are various drivers and challenges:

The factors responsible for driving the furfural market include:

  • Technological Advancements: New technologies for production, such as better catalysts and processes, make furfural production more efficient and cheaper. Such developments enhance market growth by maximizing yield and lowering costs.
  • Sustainability Initiatives: Increasing focus on sustainability and green chemistry is a key factor propelling bio-based bio-sourced and eco-friendly furfurals. This trend is in line with the global efforts to decrease the effects of pollution and use renewable resources.
  • Diversified Applications: This increased use of furfural in pharmaceuticals, agrochemicals, and advanced materials is providing new avenues of the market. This diversification is beneficial for market growth through new applications and sectors.
  • Agricultural Residues as Feedstock: Raw materials like agricultural residues for furfural production encourage sustainability while also making waste management more efficient. This also increases the economic feasibility of creating furfural by using renewable resources.
  • Increase in Demand from Emerging Markets: The process of industrialization and urbanization in emerging economies especially in Asia has increased the demand for furfural. Such a trend brings forth hopeful opportunities for expansion of the market and investment in the production capacity.

Challenges in the furfural market are:

  • High Production Costs: The complex processes and the raw materials for furfural production can have a significant impact on the price. It is a challenge for the manufacturers to control these costs while at the same time keeping the product quality at a required level.
  • Regulatory Compliance: The environmental regulations have become more or less stringent which forces many manufacturers to implement "cleaner" methods of production and new technologies. Compliance facilitates costs and does not end but continues to demand technological and methodological investments.
  • Market Competition: In the furfural industry, competition is quite high and it influences price and profitability. For them to stay in business, they need to alter the methods of innovativeness, quality, and cost management to be competitive in the market.

It is these drivers and the challenges that are defining the specific furfural markets in terms of production practices, market dynamics, and growth opportunities. The changes in the industry are forward-looking to meet these challenges and benefits from the emerging prospects.

List of Furfural Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies furfural companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the furfural companies profiled in this report include-

  • Illovo Group
  • Linzi Organic Chemical
  • Trans Furans Chemicals bvba
  • Central Romana Corporation
  • DalinYebo
  • Hebeichem
  • KRBL

Furfural by Segment

The study includes a forecast for the global furfural market by raw material, application, end use industry, and region.

Furfural Market by Raw Material [Analysis by Value from 2019 to 2031]:

  • Corn Cobs
  • Sugarcane Bagasse
  • Sunflower Hull
  • Rice Husk
  • Others

Furfural Market by Application [Analysis by Value from 2019 to 2031]:

  • Furfuryl Alcohol
  • Solvent
  • Intermediate
  • Others

Furfural Market by End Use Industry [Analysis by Value from 2019 to 2031]:

  • Agriculture
  • Paints & Coatings
  • Pharmaceuticals
  • Food & Beverage
  • Refineries
  • Others

Furfural Market by Region [Analysis by Value from 2019 to 2031]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

Country Wise Outlook for the Furfural Market

The furfural market is evolving due to advancements in production technology, increased applications, and changing global demands. Recent developments in key regions include:

  • United States: The U.S. furfural market is gradually integrating new technologies, particularly catalytic processes, to enhance yield and reduce costs. There is also a renewed focus on furfural's role as a bio-solvent and in the biofuel sector.
  • China: China remains a leading furfural producer, emphasizing output enhancement and streamlining production processes. The strategy focuses on utilizing agricultural residues, and addressing biomass utilization challenges.
  • Germany: Germany is advancing furfural applications in green chemistry, with recent developments in producing polymeric and resin materials from furfural gaining traction in the automotive and construction sectors.
  • India: India is increasingly focused on improving production technology and infrastructure for furfural, with an emphasis on meeting domestic market needs, particularly in pharmaceuticals and agrochemicals.
  • Japan: Japan has demonstrated furfural's utility in drug formulation and device applications, with ongoing enhancements in catalysts and processes aimed at improving efficiency and reducing environmental impacts.

Features of the Global Furfural Market

Market Size Estimates: Furfural market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: Furfural market size by raw material, application, end use industry, and region in terms of value ($B).

Regional Analysis: Furfural market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different raw materials, applications, end use industries, and regions for the furfural market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the furfural market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

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This report answers following 11 key questions:

  • Q.1. What are some of the most promising, high-growth opportunities for the furfural market by raw material (corn cobs, sugarcane bagasse, sunflower hull, rice husk, and others), application (furfuryl alcohol, solvent, intermediate, and others), end use industry (agriculture, paints & coatings, pharmaceuticals, food & beverage, refineries, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
  • Q.2. Which segments will grow at a faster pace and why?
  • Q.3. Which region will grow at a faster pace and why?
  • Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
  • Q.5. What are the business risks and competitive threats in this market?
  • Q.6. What are the emerging trends in this market and the reasons behind them?
  • Q.7. What are some of the changing demands of customers in the market?
  • Q.8. What are the new developments in the market? Which companies are leading these developments?
  • Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
  • Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
  • Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Furfural Market : Market Dynamics

  • 2.1: Introduction, Background, and Classifications
  • 2.2: Supply Chain
  • 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2019 to 2031

  • 3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
  • 3.2. Global Furfural Market Trends (2019-2024) and Forecast (2025-2031)
  • 3.3: Global Furfural Market by Raw Material
    • 3.3.1: Corn Cobs
    • 3.3.2: Sugarcane Bagasse
    • 3.3.3: Sunflower Hull
    • 3.3.4: Rice Husk
    • 3.3.5: Others
  • 3.4: Global Furfural Market by Application
    • 3.4.1: Furfuryl Alcohol
    • 3.4.2: Solvent
    • 3.4.3: Intermediate
    • 3.4.4: Others
  • 3.5: Global Furfural Market by End Use Industry
    • 3.5.1: Agriculture
    • 3.5.2: Paints & Coatings
    • 3.5.3: Pharmaceuticals
    • 3.5.4: Food & Beverage
    • 3.5.5: Refineries
    • 3.5.6: Others

4. Market Trends and Forecast Analysis by Region from 2019 to 2031

  • 4.1: Global Furfural Market by Region
  • 4.2: North American Furfural Market
    • 4.2.1: North American Furfural Market by Raw Material: Corn Cobs, Sugarcane Bagasse, Sunflower Hull, Rice Husk, and Others
    • 4.2.2: North American Furfural Market by End Use Industry: Agriculture, Paints & Coatings, Pharmaceuticals, Food & Beverages, Refineries, and Others
  • 4.3: European Furfural Market
    • 4.3.1: European Furfural Market by Raw Material: Corn Cobs, Sugarcane Bagasse, Sunflower Hull, Rice Husk, and Others
    • 4.3.2: European Furfural Market by End Use Industry: Agriculture, Paints & Coatings, Pharmaceuticals, Food & Beverages, Refineries, and Others
  • 4.4: APAC Furfural Market
    • 4.4.1: APAC Furfural Market by Raw Material: Corn Cobs, Sugarcane Bagasse, Sunflower Hull, Rice Husk, and Others
    • 4.4.2: APAC Furfural Market by End Use Industry: Agriculture, Paints & Coatings, Pharmaceuticals, Food & Beverages, Refineries, and Others
  • 4.5: ROW Furfural Market
    • 4.5.1: ROW Furfural Market by Raw Material: Corn Cobs, Sugarcane Bagasse, Sunflower Hull, Rice Husk, and Others
    • 4.5.2: ROW Furfural Market by End Use Industry: Agriculture, Paints & Coatings, Pharmaceuticals, Food & Beverage, Refineries, and Others

5. Competitor Analysis

  • 5.1: Product Portfolio Analysis
  • 5.2: Operational Integration
  • 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

  • 6.1: Growth Opportunity Analysis
    • 6.1.1: Growth Opportunities for the Global Furfural Market by Raw Material
    • 6.1.2: Growth Opportunities for the Global Furfural Market by Application
    • 6.1.3: Growth Opportunities for the Global Furfural Market by End Use Industry
    • 6.1.4: Growth Opportunities for the Global Furfural Market by Region
  • 6.2: Emerging Trends in the Global Furfural Market
  • 6.3: Strategic Analysis
    • 6.3.1: New Product Development
    • 6.3.2: Capacity Expansion of the Global Furfural Market
    • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Furfural Market
    • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

  • 7.1: Illovo Group
  • 7.2: Linzi Organic Chemical
  • 7.3: Trans Furans Chemicals bvba
  • 7.4: Central Romana Corporation
  • 7.5: DalinYebo
  • 7.6: Hebeichem
  • 7.7: KRBL