MRO Magazine

Global Furfural Markets Worth USD 1.1 Billion by 2021 – Analysis, Technologies & Forecasts Report 2016-2021 – Key Vendors: BASF, Behran, Iranol Oil – Research and Markets

July 1, 2016
By Business Wire News


Research and Markets has announced the addition of the ” Furfural: Global Markets” report to their offering.

The global furfural market reached nearly $582.0 million in 2015. The market is expected to reach nearly $1.1 billion by 2021 from $625.5 million in 2016, increasing at a compound annual growth rate (CAGR) of 11.7% from 2016 to 2021.

This market research study measures the current and future market for furfural, discusses market trends, assesses capacity utilization and provides raw materials analysis.

Other types of furfurals are outside the scope of the report. In terms of application segments, furfuryl alcohol, solvents, chemical intermediates, pharmaceutical agents and others (fragrance ingredients and flavoring intermediates) are considered. Other applications are outside the scope of the report.

In terms of end-use industries where furfural is actually consumed, the report looks only at furfural used in the chemicals (including metal foundries) sector, the pharmaceuticals industry, the food and beverage sector, foundries (except metal foundries) and others (cosmetics, household products and perfume industry).

There are industries where furfural is produced as an intermediate, but these industries aren’t considered as end-use industries.

Companies Mentioned Include:

  • Arcoy Biorefinery Pvt. Ltd.
  • Basf Se
  • Behran Oil Co.
  • Central Romana Corp.
  • Goodrich Sugar & Chemical Complex Ltd.
  • Harborchem
  • Hongye Holding Group Corp. Ltd.
  • Illovo Sugar Ltd.
  • International Furan Chemicals B.V.
  • International Furan Technology
  • Iranol Oil Co.
  • Sumitomo Chemical Co. Ltd.
  • Tanin Sevnica D.D.
  • Tieling North Furfural (Group) Co. Ltd.
  • Transfurans Chemicals Bvba
  • Triveni Interchem Pvt Ltd.
  • Xingtai Chunlei Furfuryl Alcohol Co., Ltd.

Report Structure:

1: Introduction

2: Summary

3: Overview

4: Global Furfural Market: Supply Assessment

5: Global Furfural Market Product Types

6: Global Furfural Market Applications

7: Global Furfural Market End-Use Industries

8: Global Furfural Market By Region

9: Industry Structure And Competitive Analysis

10: Company Profiles

For more information visit

Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Agrochemicals and Fertilizers, Fragrance, Flavor and Aroma Chemicals