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Furfuryl Alcohol Market Future Prospects and Forecast To 2030

The Furfuryl Alcohol Market research report highlights market research and industry analysis driven by in-depth business relevant news.
Precision Business Insights has published a report on the global Furfuryl Alcohol Market, estimating its value at USD 548.3 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 7.5% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/furfuryl-alcohol-market
Furfuryl alcohol is an organic compound derived from furfural, which itself is obtained from agricultural residues like corncobs, rice husks, and sugarcane bagasse. It’s primarily used in the production of furan resins, which are essential for making foundry molds and cores used in precision metal casting.
Drivers:
· Increasing environmental awareness and regulatory pressure are driving industries to adopt eco-friendly materials
· Industries are increasingly replacing fossil-based inputs with bio-based alternatives
The global Furfuryl Alcohol Market segmentation:
1. By Raw Material: Corncobs, Rice Hulls, Cotton Hulls, Sugarcane Bagasse, Others.
2. By Application: Resins, Solvents, Plastics, Adhesives, Corrosion Inhibitors, Others.
3. By End User: Foundry, Food & Beverages, Chemical, Energy, Agriculture, Pharmaceuticals, Others.
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Regional Overview:
The report also examines the current concerns and their Future Effects on the Furfuryl Alcohol Market by the region. The report covers all regions and countries; North America was the largest and Asia was the fastest-growing region in the Furfuryl Alcohol Market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
· North America (U.S., Canada)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
· Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
· Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like ILLOVO SUGAR AFRICA (PTY) LTD., DalinYebo, Furnova Polymers Ltd., Hebeichem, Hongye Holdings Group Corp., Ltd., Linzi Organic Chemical Inc. Ltd., NC Nature Chemical, Pennakem, LLC, Shandong Crownchem Industries Co., Ltd., Silvateam S.p.a., TransFurans Chemicals bvba, Xian Welldon Trading Co., Ltd.
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