- Lignocellulosic Feedstock
- Agricultural Raw Materials
- Almond Husk
- Bagasse
- Corn Hubs
- Cotton Husk
- Oat Husk
- Rice Husk
North America Furfural Market estimated to be valued US$ XX Mn in 2023 and poised to grow at significant CAGR x% over 2024-2030. Growing environmental concerns, increase in consumption of pesticides and fungicides in agriculture sector, growing awareness regarding using eco-friendly products and changing trend in food & beverages in customers are some key factors fueling the market growth. Furfural is mainly used in the manufacturing of furfuryl alcohol as it offers superior binding properties and mechanical strength which are most needed in sand molds and cores of foundries. It is industrially produced by the catalytic hydrogenation of furfural under high pressures. It is extensively used in the plastic and resins.
The consumption of furfuryl alcohol is increasing due to the rising research activities in the rocketry fuel field. Developing regions held major share in the production and consumption of alcohol with concern for renewable materials and growing population. Based on raw materials, agricultural raw materials segment accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period. Players focusing on innovation of newer products and collaboration strategies to retain market position in North America furfural market
North America Furfural Market Dynamics
The key challenge in the Market is the lack of improvement in technology. There is a need for continuous inventions as it is most fluid market to deliver advanced performing products to the verticals so that they can compete against rising competition and supply the growing demand, increasing raw material prices and growing population efficiently without increasing their prices immensely.
Country Analysis
North America Furfural Market
U.S accounted for larger revenue share in North America furfural market with considerable CAGR owing to increasing pharmaceutical sector will raise the demand of the product market. Supportive guidelines regarding the expansion of bio-based products including furfural from agencies such as Environmental Protection Agency (EPA) of the U.S. is also expected to have a encouraging impact on the global market during the forecast period. Moreover, high number of food & beverage industry has accelerated the demand for flavourings.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The north america furfural market report provides granular level information about the market size, regional market share, historic market and forecast
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
North America Furfural Market Segmentation
By Raw Materials
By Catalyst Type
- Solid Acid Type Catalyst
- Zeolite Catalyst
- Liquid Acid Type Catalyst
- Bronsted Aids
- Lewis Acids
By Application
- Solvents
- Furfuryl Alcohol
- Furoic Acid
- Methyl Furan
- Tetrahydrofurfuryl
- Resins
- Gasoline Additives
- Fungicides
- Flavor Enhancers
- Decolorizing Agents
By End User
- Agrochemical Industry
- Pharmaceutical and Medical Industry
- Lubricants Industry
- Cements Industry
- Energy Industry
- Adhesives Industry
- Coatings Industry
- Food and Beverages Industry
- Others
Frequently Asked Questions
2023 is the base year and 2030 is the forecast year.
The North America Furfural Market data: North America (United States, Canada)
The key players of North America Furfural Market are International Furan Chemicals B.V. Zibo Xinye Chemical Co., Ltd. Zhucheng Taisheng Chemical Co., Ltd. Transfurans Chemicals bvba Tanin Sevnica d.d. Silvateam S.p.a. NC-Nature Chemicals Dr. Kruppa GmbH Lenzing AG Hongye Holding Group Corporation Li
| 1.Executive Summary |
| 2. North America Furfural Market Introduction |
| 2.1. North America Furfural Market - Taxonomy |
| 2.2. North America Furfural Market - Definitions |
| 2.2.1. Raw Materials |
| 2.2.2.Catalyst Type |
| 2.2.4.Country |
| 3. North America Furfural Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. North America Furfural Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. North America Furfural Market By Raw Materials, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Lignocellulosic Feedstock |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Agricultural Raw Materials |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Almond Husk |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Bagasse |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Corn Hubs |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Cotton Husk |
| 5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 5.7. Oat Husk |
| 5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.7.3. Market Opportunity Analysis |
| 5.8. Rice Husk |
| 5.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.8.3. Market Opportunity Analysis |
| 6. North America Furfural Market By Catalyst Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Solid Acid Type Catalyst |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Zeolite Catalyst |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Liquid Acid Type Catalyst |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Bronsted Aids |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Lewis Acids |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7. North America Furfural Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Solvents |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Furfuryl Alcohol |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Furoic Acid |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Methyl Furan |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Tetrahydrofurfuryl |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Resins |
| 7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 7.7. Gasoline Additives |
| 7.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.7.3. Market Opportunity Analysis |
| 7.8. Fungicides |
| 7.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.8.3. Market Opportunity Analysis |
| 7.9. Flavor Enhancers |
| 7.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.9.3. Market Opportunity Analysis |
| 7.10. Decolorizing Agents |
| 7.10.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.10.3. Market Opportunity Analysis |
| 8. North America Furfural Market By Country, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. United States of America (USA) |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Canada |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 9. Competition Landscape |
| 9.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 9.2.1.International Furan Chemicals B.V. |
| 9.2.2.Zibo Xinye Chemical Co., Ltd. |
| 9.2.3.Zhucheng Taisheng Chemical Co., Ltd. |
| 9.2.4.Transfurans Chemicals bvba |
| 9.2.5.Tanin Sevnica d.d. |
| 9.2.6.Silvateam S.p.a. |
| 9.2.7.NC-Nature Chemicals Dr. Kruppa GmbH |
| 9.2.8.Lenzing AG |
| 9.2.9.Hongye Holding Group Corporation Limited |
| 10. Research Methodology |
| 11. Appendix and Abbreviations |
- International Furan Chemicals B.V.
- Zibo Xinye Chemical Co., Ltd.
- Zhucheng Taisheng Chemical Co., Ltd.
- Transfurans Chemicals bvba
- Tanin Sevnica d.d.
- Silvateam S.p.a.
- NC-Nature Chemicals Dr. Kruppa GmbH
- Lenzing AG
- Hongye Holding Group Corporation Limited