Furfural Derivatives Market Size, Share & Growth Report 2031

Furfural Derivatives Market Size, Share & Growth Report 2031

Segments - Furfural Derivatives Market by Product (Furfuryl Alcohol, Furoic Acid, Tetrahydrofurfuryl Alcohol (THFA), Methyl Tetrahydrofuran, 2-5-Furandicarboxylic Acid, 1, 2 Pentanediol, Others), by Function (Solvent, Intermediate, Monomer, Others), by End-Use Industry (Agriculture, Paints & Coatings, Pharmaceuticals, Food & Beverage, Refineries, Chemical, Others), and Region (North America, Asia Pacific, Europe, Latin America, and Middle East & Africa) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2031

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Author : Riddhesh Dani
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Report Description


Furfural Derivatives Market Outlook

The Global Furfural Derivatives Market was estimated at USD 2,152.4 Million in 2022 and is anticipated to reach USD 3,340.5 Million by 2031, expanding at a CAGR of 5.2% during the forecast period.

Furfural derivatives are widely used in the pharmaceutical, plastics, and agrochemical industries. Furfural derivatives in agrochemicals are used as fungicides and nematicides. Furthermore, these are used for transportation fuels, resins, lubricants, food & beverage flavor enhancers, gasoline additives, fuel mixtures, bleaching agents, pharmaceuticals, bioplastics, pesticides, and bombs.

Furfural Derivatives Market Outlook

Furfural derivatives include Furfuryl Alcohol, Furoic Acid, Tetrahydrofurfuryl Alcohol (THFA), 2-5-Furandicarboxylic Acid (FDCA), 2-Methyl Tetrahydrofuran, 1,2 Pentanediol and others.

Macro-economic Factors

Economic Growth

Economic growth is a major macroeconomic factor impacting the furfural derivatives market. Furfural derivatives have various industrial applications in end-use industries such as paints & coating, pharmaceuticals, chemicals, food & beverages, and others. Economic growth is resulting fueling these industries, which in turn, is driving the demand for chemicals such as furfural derivatives.

Countries in Asia Pacific and Middle East & Africa are experiencing economic growth in the past few years. For instance, the cumulative GDP of Asia Pacific increased from USD 9 Trillion in 2000 to USD 35 Trillion in 2021. Economic growth in these regions is fueling industrial growth, which is driving the demand for furfural derivatives.

Raw Material Prices

Stable and cost-effective supply of raw materials are key parameters for manufacturing of chemicals. Furfural derivatives are commercially synthesized from furfural, which are made from the lignocellulosic biomass.

The commercial process for synthesis of furfural is optimized with global production of furfural has reached above 400 kilo tons in 2022. Stable and cost effective availability of furfural has enabled the development and optimization of commercial synthesis pathways for the derivatives.

Furfural Derivatives Market Dynamics

Market Driver- Increasing Preference for Bio-based Chemicals

Sustainable alternatives to petroleum products are in increasing demand, as companies seek environmentally friendly compounds for use in key industrial applications. Bio-based chemicals are a sustainable and renewable means of sourcing, manufacturing, and developing chemical compounds.

Bio-based products are derived from plants and other renewable agricultural, marine, and forest materials. These bio-based products replace petroleum-derived synthetic products. Bio-based products address the negative economic and environmental impacts of using traditional petroleum-based chemicals and compounds. Furfural is the major source of furfural derivatives.


Furfural is recognized as one of the leading bio-based platform chemicals used in industrial organic synthesis as a starting reagent to produce other high-value products. Furfural derivatives are one of the most efficient bio-based molecules. They have great potential as renewable platforms for the sustainable production of fine chemicals and biofuels.

The global trend towards bio-based products is stimulating the demand for furfural derivatives. Traditional uses of the product ensure stable demand; however, innovative uses are driving up the prices of the product. Using bio-based chemicals instead of petroleum-based chemical derivatives help in reducing many harmful side effects of petroleum consumption.

Market Driver- Increasing Demand from End-use Industries

Furfural derivatives are widely utilized in end-use industries such as paints & coatings, pharmaceuticals, food & beverage, chemicals, and others. The rapid expansion of these end-use industries is driving the demand for furfural derivatives across the globe. For example, furfuryl alcohol is used as an intermediate in the polymer industry for fine chemical synthesis, lysine, & levulinic acid and as a lubricant & dispersant.

The wide range of application of furfuryl alcohol makes it an suitable choice to be used in the chemical industry. Industrialization with the growth and expansion of various end-use industries such as the pharmaceutical and food & beverage industries, especially in developing countries, directly and positively impacts the market growth.

Growth in building and construction activities and increasing technological advancements in industrial chemical manufacturing processes are expected to drive the market during the forecast period. Furfural derivatives play an important role in the development of environmentally friendly rubbers and paints.

Additionally, increasing the use of synthetic flavors, colors, and furfural derivatives for food packaging in the food & beverage industry is expected to boost the market in the coming years. The pharmaceutical industry's use of furfural derivatives as solvents or monomers is also projected to boost the market during the forecast period. Numerous applications of furfural in various industries are expected to drive the furfural derivatives demand in the coming years. 

Market Restraint- Raw Material Price Fluctuation

Raw material prices are rising, and manufacturers are facing various issues throughout the supply chains. Manufacturers are still dealing with the two supply chain obstacles that hampered industries during the pandemic, which are slow supply deliveries and unavailability of labor.

Insufficient source of raw materials is one of the reasons for the fluctuation of raw material prices. For example, various sources are used in the manufacturing of furfural derivatives such as bio-based sources. The cost associated with these materials fluctuates, due to which prices fluctuation and supply disruption of furfural derivates are directly affecting the manufacture of furfural derivatives. This factor is impeding the market expansion.        

Scope of Furfural Derivatives Market Report            

The report on the Global Furfural Derivatives Market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Furfural Derivatives Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Base Year

2022

Historic Data

2016 and 2021

Forecast Period

2023–2031

Segmentation

Product (Furfuryl Alcohol, Furoic Acid, Tetrahydrofurfuryl Alcohol (THFA), Methyl Tetrahydrofuran, 2-5-Furandicarboxylic Acid, 1, 2 Pentanediol, Others), Function (Solvent, Intermediate, Monomer, Others), End-Use Industry (Agriculture, Paints & Coatings, Pharmaceuticals, Food & Beverage, Refineries, Chemical, Others)

Regional Scope

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered

DalinYebo Trading and Development (Pty) Ltd, Endeavour Speciality Chemicals Ltd , Honeywell International Inc, ILLOVO SUGAR AFRICA, Manas Petro Chem, Merck KGaA, Monument Chemical, Otto Chemie Pvt. Ltd, Polysciences Inc, Shree Ganesh Remedies Ltd, Silvateam S.p.a, Tokyo Chemical Industry Co., Ltd, TransFurans Chemicals bvba


Furfural Derivatives Market Segmental Outlook

Based on product type, the global Furfural Derivatives market is segmented into Furfuryl Alcohol, Furoic Acid, Tetrahydrofurfuryl Alcohol (THFA), Methyl Tetrahydrofuran, 2-5-Furandicarboxylic Acid, 1, 2 Pentanediol, Others.

The furfuryl alcohol segment held a major share of the market and is expected to expand at a CAGR of XX%. The growth of the segment is attributed to the application of furfuryl alcohol is as a monomer for the synthesis of furan resins for bounding foundry sands. These resins are used for the production of cores and molds for foundry.


2-Furoic acid is commonly known as furoic acid is a chemical compound having furan ring and a carboxylic acid group. It is manufactured commercially from oxidation of furfural in the presence of oxidation catalysts.

Furfural Derivatives Market Product Type

Based on function, the global Furfural Derivatives market is segmented into solvent, intermediate, monomer, others. Monomer is a building block of any polymer. Monomer is a chemical compound with two or more active binding sites through which it forms a linkage with other molecules to form a macromolecule such as polymers. The properties of the polymer vary depending upon the monomers used for the polymerization process.

Furfural Derivatives Market Function

Based on the end-use industry, the market is categorized as agriculture, paints & coatings, pharmaceuticals, food & beverage, refineries, chemical, and others. The chemicals industry is expected to hold a major share of the market, Furfural derivatives are used in chemical industries as a solvent or as a chemical intermediate.

For example, furfuryl alcohol is used as a solvent, but it is commonly used as a component in the manufacture of various chemical products. Furfuryl alcohol is used to make furan resin, especially foundry resin, which is used as a binder for sand cores, and used to make organic raw material. 

Furfural Derivatives Market End Use

Regional Outlook

On the basis of regions, the global Furfural Derivatives market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Asia Pacific held XX% of the market share in 2022, due to the increasing demand for various flavors in food products, aromas, and others. For example, various furfural derivatives are used in the synthesis of spices. India is a prominent spice producer across the globe. It is also a large exporter and consumer of spices. In recent years, the production of various spices has increased rapidly.

Spice production in 2021-2022 was XX million tons. From 2020 to 2021, spice exports in the region reached record highs in both value and volume, recording increases of XX% in value and XX% in volume. The agriculture sector is also well established in the regions and it is expected to drive the demand for furfural derivatives in the future.

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Furfural Derivatives Market

  • Historical, Current, and Projected Market Size in terms of Value

  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered

  • Industry Drivers, Restraints, and Opportunities Covered in the Study

  • Recent Industry Trends and Developments

  • Competitive Landscape & Strategies of Key Players

  • Neutral Perspective on Global Axial Fans Market Performance

Segments

By Product

  • Furfuryl Alcohol
  • Furoic Acid
  • Tetrahydrofurfuryl Alcohol (THFA)
  • Methyl Tetrahydrofuran
  • 2-5-Furandicarboxylic Acid
  • 1, 2 Pentanediol
  • Others

By Function

  • Solvent
  • Intermediate
  • Monomer
  • Others

By End-Use Industry

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

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key Market Players Profiled in the Report

  • DalinYebo Trading and Development (Pty) Ltd
  • Endeavour Speciality Chemicals Ltd
  • Honeywell International Inc
  • ILLOVO SUGAR AFRICA
  • Manas Petro Chem
  • Merck KGaA
  • Monument Chemical
  • Otto Chemie Pvt. Ltd
  • Polysciences Inc
  • Shree Ganesh Remedies Ltd
  • Silvateam S.p.a
  • Tokyo Chemical Industry Co., Ltd,
  • TransFurans Chemicals bvba.

Competitive Landscape

  • Manufacturers operating in the global furfural derivatives market include DalinYebo Trading and Development (Pty) Ltd, Endeavour Speciality Chemicals Ltd , Honeywell International Inc, ILLOVO SUGAR AFRICA, Manas Petro Chem, Merck KGaA, Monument Chemical, Otto Chemie Pvt. Ltd, Polysciences Inc, Shree Ganesh Remedies Ltd, Silvateam S.p.a, Tokyo Chemical Industry Co., Ltd, TransFurans Chemicals bvba.

    Furfural Derivatives Market Key Players

Frequently Asked Questions

The base year considered for the Global Furfural Derivatives Market report is 2022. The complete analysis period is 2016 to 2031, wherein 2016, and 2021 are the historic years, and the forecast is provided from 2023 to 2031.

In addition to market size (in US$ Million) Company Market Share (in % for the base year 2020). Impact Of Key Regulations, Agricultural Waste & Residue Market Overview, Increasing Demand Of Plastic & Refineries To Propel Market: Global Market Outlook, Bio-Based Chemical Industry Analysis With Respect To Furfural Derivatives, Overview Of Asia-Pacific Holds A Significant Portion Of The Worldwide Furfural Subsidiaries Advertise: Overview, Furfural, Furfuryl Alcohol And Tetrahydrofurfuryl Alcohol Export And Import Analysis.

COVID-19 hampered the Furfural Derivatives Market moderately, as it is used in various end-use industries.

Major manufacturers include DalinYebo Trading and Development (Pty) Ltd, Endeavour Speciality Chemicals Ltd, Honeywell International Inc, ILLOVO SUGAR AFRICA, Manas Petro Chem, Merck KGaA, Monument Chemical, Otto Chemie Pvt. Ltd, Polysciences Inc, Shree Ganesh Remedies Ltd, Silvateam S.p.a, Tokyo Chemical Industry Co., Ltd, TransFurans Chemicals bvba.

Supply Chain Disruptions, Raw Material Prices, Government Regulations, and Export & Import are some of the macroeconomic factors impacting the market.

Additional company profiles can be provided on request. For a discussion related to the above findings, click Speak to Analyst.

Table Of Content

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Furfural Derivatives Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Furfural Derivatives Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Furfural Derivatives Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Furfural Derivatives Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Furfural Derivatives Market Size & Forecast, 2016-2031
      4.5.1 Furfural Derivatives Market Size and Y-o-Y Growth
      4.5.2 Furfural Derivatives Market Absolute $ Opportunity
   4.6 Global Furfural Derivatives Market: Impact Of Key Regulations
   4.7 Agricultural Waste & Residue Market Overview

   4.8 Increasing Demand of Plastic & Refineries to Propel Market: Global Market Outlook
   4.9 Bio-based Chemical Industry Analysis with Respect to Furfural Derivatives
   4.10 Asia-Pacific Holds a Significant Portion of the Worldwide Furfural Subsidiaries Advertise: Overview
   4.11 Furfural, Furfuryl alcohol and tetrahydrofurfuryl alcohol Export and Import Analysis
Chapter 5 Global Furfural Derivatives Market Analysis and Forecast By Product
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Product
      5.1.2 Basis Point Share (BPS) Analysis By Product
      5.1.3 Absolute $ Opportunity Assessment By Product
   5.2 Furfural Derivatives Market Size & Volume Forecast By Product
      5.2.1 Furfuryl Alcohol
      5.2.2 Furoic Acid
      5.2.3 Tetrahydrofurfuryl Alcohol (THFA)
      5.2.4 Methyl Tetrahydrofuran
      5.2.5 2-5-Furandicarboxylic Acid
      5.2.6 1-2 Pentanediol
      5.2.7 Others
   5.3 Market Attractiveness Analysis By Product
Chapter 6 Global Furfural Derivatives Market Analysis and Forecast By Function
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Function
      6.1.2 Basis Point Share (BPS) Analysis By Function
      6.1.3 Absolute $ Opportunity Assessment By Function
   6.2 Furfural Derivatives Market Size & Volume Forecast By Function
      6.2.1 Solvent
      6.2.2 Intermediate
      6.2.3 Monomer
      6.2.4 Others
   6.3 Market Attractiveness Analysis By Function
Chapter 7 Global Furfural Derivatives Market Analysis and Forecast By End-Use Industry
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By End-Use Industry
      7.1.2 Basis Point Share (BPS) Analysis By End-Use Industry
      7.1.3 Absolute $ Opportunity Assessment By End-Use Industry
   7.2 Furfural Derivatives Market Size & Volume Forecast By End-Use Industry
      7.2.1 Agriculture
      7.2.2 Paints & Coatings
      7.2.3 Pharmaceuticals
      7.2.4 Food & Beverage
      7.2.5 Refineries
      7.2.6 Chemical
      7.2.7 Others
   7.3 Market Attractiveness Analysis By End-Use Industry
Chapter 8 Global Furfural Derivatives Market Analysis and Forecast by Region
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities by Region
      8.1.2 Basis Point Share (BPS) Analysis by Region
      8.1.3 Absolute $ Opportunity Assessment by Region
   8.2 Furfural Derivatives Market Size & Volume Forecast by Region
      8.2.1 North America
      8.2.2 Europe
      8.2.3 Asia Pacific
      8.2.4 Latin America
      8.2.5 Middle East & Africa (MEA)
   8.3 Market Attractiveness Analysis by Region
Chapter 9 Coronavirus Disease (COVID-19) Impact
   9.1 Introduction
   9.2 Current & Future Impact Analysis
   9.3 Economic Impact Analysis
   9.4 Government Policies
   9.5 Investment Scenario
Chapter 10 North America Furfural Derivatives Analysis and Forecast
   10.1 Introduction
   10.2 North America Furfural Derivatives Market Size & Volume Forecast by Country
      10.2.1 U.S.
      10.2.2 Canada
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 North America Furfural Derivatives Market Size & Volume Forecast By Product
      10.6.1 Furfuryl Alcohol
      10.6.2 Furoic Acid
      10.6.3 Tetrahydrofurfuryl Alcohol (THFA)
      10.6.4 Methyl Tetrahydrofuran
      10.6.5 2-5-Furandicarboxylic Acid
      10.6.6 1-2 Pentanediol
      10.6.7 Others
   10.7 Basis Point Share (BPS) Analysis By Product
   10.8 Absolute $ Opportunity Assessment By Product
   10.9 Market Attractiveness Analysis By Product
   10.10 North America Furfural Derivatives Market Size & Volume Forecast By Function
      10.10.1 Solvent
      10.10.2 Intermediate
      10.10.3 Monomer
      10.10.4 Others
   10.11 Basis Point Share (BPS) Analysis By Function
   10.12 Absolute $ Opportunity Assessment By Function
   10.13 Market Attractiveness Analysis By Function
   10.14 North America Furfural Derivatives Market Size & Volume Forecast By End-Use Industry
      10.14.1 Agriculture
      10.14.2 Paints & Coatings
      10.14.3 Pharmaceuticals
      10.14.4 Food & Beverage
      10.14.5 Refineries
      10.14.6 Chemical
      10.14.7 Others
   10.15 Basis Point Share (BPS) Analysis By End-Use Industry
   10.16 Absolute $ Opportunity Assessment By End-Use Industry
   10.17 Market Attractiveness Analysis By End-Use Industry
Chapter 11 Europe Furfural Derivatives Analysis and Forecast
   11.1 Introduction
   11.2 Europe Furfural Derivatives Market Size & Volume Forecast by Country
      11.2.1 Germany
      11.2.2 France
      11.2.3 Italy
      11.2.4 U.K.
      11.2.5 Spain
      11.2.6 Russia
      11.2.7 Rest of Europe
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Europe Furfural Derivatives Market Size & Volume Forecast By Product
      11.6.1 Furfuryl Alcohol
      11.6.2 Furoic Acid
      11.6.3 Tetrahydrofurfuryl Alcohol (THFA)
      11.6.4 Methyl Tetrahydrofuran
      11.6.5 2-5-Furandicarboxylic Acid
      11.6.6 1-2 Pentanediol
      11.6.7 Others
   11.7 Basis Point Share (BPS) Analysis By Product
   11.8 Absolute $ Opportunity Assessment By Product
   11.9 Market Attractiveness Analysis By Product
   11.10 Europe Furfural Derivatives Market Size & Volume Forecast By Function
      11.10.1 Solvent
      11.10.2 Intermediate
      11.10.3 Monomer
      11.10.4 Others
   11.11 Basis Point Share (BPS) Analysis By Function
   11.12 Absolute $ Opportunity Assessment By Function
   11.13 Market Attractiveness Analysis By Function
   11.14 Europe Furfural Derivatives Market Size & Volume Forecast By End-Use Industry
      11.14.1 Agriculture
      11.14.2 Paints & Coatings
      11.14.3 Pharmaceuticals
      11.14.4 Food & Beverage
      11.14.5 Refineries
      11.14.6 Chemical
      11.14.7 Others
   11.15 Basis Point Share (BPS) Analysis By End-Use Industry
   11.16 Absolute $ Opportunity Assessment By End-Use Industry
   11.17 Market Attractiveness Analysis By End-Use Industry
Chapter 12 Asia Pacific Furfural Derivatives Analysis and Forecast
   12.1 Introduction
   12.2 Asia Pacific Furfural Derivatives Market Size & Volume Forecast by Country
      12.2.1 China
      12.2.2 Japan
      12.2.3 South Korea
      12.2.4 India
      12.2.5 Australia
      12.2.6 South East Asia (SEA)
      12.2.7 Rest of Asia Pacific (APAC)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Asia Pacific Furfural Derivatives Market Size & Volume Forecast By Product
      12.6.1 Furfuryl Alcohol
      12.6.2 Furoic Acid
      12.6.3 Tetrahydrofurfuryl Alcohol (THFA)
      12.6.4 Methyl Tetrahydrofuran
      12.6.5 2-5-Furandicarboxylic Acid
      12.6.6 1-2 Pentanediol
      12.6.7 Others
   12.7 Basis Point Share (BPS) Analysis By Product
   12.8 Absolute $ Opportunity Assessment By Product
   12.9 Market Attractiveness Analysis By Product
   12.10 Asia Pacific Furfural Derivatives Market Size & Volume Forecast By Function
      12.10.1 Solvent
      12.10.2 Intermediate
      12.10.3 Monomer
      12.10.4 Others
   12.11 Basis Point Share (BPS) Analysis By Function
   12.12 Absolute $ Opportunity Assessment By Function
   12.13 Market Attractiveness Analysis By Function
   12.14 Asia Pacific Furfural Derivatives Market Size & Volume Forecast By End-Use Industry
      12.14.1 Agriculture
      12.14.2 Paints & Coatings
      12.14.3 Pharmaceuticals
      12.14.4 Food & Beverage
      12.14.5 Refineries
      12.14.6 Chemical
      12.14.7 Others
   12.15 Basis Point Share (BPS) Analysis By End-Use Industry
   12.16 Absolute $ Opportunity Assessment By End-Use Industry
   12.17 Market Attractiveness Analysis By End-Use Industry
Chapter 13 Latin America Furfural Derivatives Analysis and Forecast
   13.1 Introduction
   13.2 Latin America Furfural Derivatives Market Size & Volume Forecast by Country
      13.2.1 Brazil
      13.2.2 Mexico
      13.2.3 Rest of Latin America (LATAM)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Latin America Furfural Derivatives Market Size & Volume Forecast By Product
      13.6.1 Furfuryl Alcohol
      13.6.2 Furoic Acid
      13.6.3 Tetrahydrofurfuryl Alcohol (THFA)
      13.6.4 Methyl Tetrahydrofuran
      13.6.5 2-5-Furandicarboxylic Acid
      13.6.6 1-2 Pentanediol
      13.6.7 Others
   13.7 Basis Point Share (BPS) Analysis By Product
   13.8 Absolute $ Opportunity Assessment By Product
   13.9 Market Attractiveness Analysis By Product
   13.10 Latin America Furfural Derivatives Market Size & Volume Forecast By Function
      13.10.1 Solvent
      13.10.2 Intermediate
      13.10.3 Monomer
      13.10.4 Others
   13.11 Basis Point Share (BPS) Analysis By Function
   13.12 Absolute $ Opportunity Assessment By Function
   13.13 Market Attractiveness Analysis By Function
   13.14 Latin America Furfural Derivatives Market Size & Volume Forecast By End-Use Industry
      13.14.1 Agriculture
      13.14.2 Paints & Coatings
      13.14.3 Pharmaceuticals
      13.14.4 Food & Beverage
      13.14.5 Refineries
      13.14.6 Chemical
      13.14.7 Others
   13.15 Basis Point Share (BPS) Analysis By End-Use Industry
   13.16 Absolute $ Opportunity Assessment By End-Use Industry
   13.17 Market Attractiveness Analysis By End-Use Industry
Chapter 14 Middle East & Africa (MEA) Furfural Derivatives Analysis and Forecast
   14.1 Introduction
   14.2 Middle East & Africa (MEA) Furfural Derivatives Market Size & Volume Forecast by Country
      14.2.1 Saudi Arabia
      14.2.2 South Africa
      14.2.3 UAE
      14.2.4 Rest of Middle East & Africa (MEA)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Middle East & Africa (MEA) Furfural Derivatives Market Size & Volume Forecast By Product
      14.6.1 Furfuryl Alcohol
      14.6.2 Furoic Acid
      14.6.3 Tetrahydrofurfuryl Alcohol (THFA)
      14.6.4 Methyl Tetrahydrofuran
      14.6.5 2-5-Furandicarboxylic Acid
      14.6.6 1-2 Pentanediol
      14.6.7 Others
   14.7 Basis Point Share (BPS) Analysis By Product
   14.8 Absolute $ Opportunity Assessment By Product
   14.9 Market Attractiveness Analysis By Product
   14.10 Middle East & Africa (MEA) Furfural Derivatives Market Size & Volume Forecast By Function
      14.10.1 Solvent
      14.10.2 Intermediate
      14.10.3 Monomer
      14.10.4 Others
   14.11 Basis Point Share (BPS) Analysis By Function
   14.12 Absolute $ Opportunity Assessment By Function
   14.13 Market Attractiveness Analysis By Function
   14.14 Middle East & Africa (MEA) Furfural Derivatives Market Size & Volume Forecast By End-Use Industry
      14.14.1 Agriculture
      14.14.2 Paints & Coatings
      14.14.3 Pharmaceuticals
      14.14.4 Food & Beverage
      14.14.5 Refineries
      14.14.6 Chemical
      14.14.7 Others
   14.15 Basis Point Share (BPS) Analysis By End-Use Industry
   14.16 Absolute $ Opportunity Assessment By End-Use Industry
   14.17 Market Attractiveness Analysis By End-Use Industry
Chapter 15 Competition Landscape
   15.1 Furfural Derivatives Market: Competitive Dashboard
   15.2 Global Furfural Derivatives Market: Market Share Analysis, 2022
   15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      15.3.1 DalinYebo Trading and Development (Pty) Ltd
      15.3.2 Endeavour Speciality Chemicals Ltd
      15.3.3 Honeywell International Inc,
      15.3.4 ILLOVO SUGAR AFRICA
      15.3.5 Manas Petro Chem
      15.3.6 Merck KGaA
      15.3.7 Monument Chemical
      15.3.8 Otto Chemie Pvt. Ltd
      15.3.9 Polysciences Inc
      15.3.10 Shree Ganesh Remedies Ltd
      15.3.11 Silvateam S.p.a
      15.3.12 Tokyo Chemical Industry Co., Ltd
      15.3.13 TransFurans Chemicals bvba

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