글로벌 푸르푸랄 시장 - 산업 동향 및 2031년까지의 예측

푸르푸랄 시장 분석 및 규모

화학 산업에서 푸르푸랄은 다양한 공정에서 중요한 용매 역할을 하여 원하는 화합물의 추출과 정제를 용이하게 합니다. 또한 접착제, 코팅 및 주조 응용 분야에서 사용되는 푸란 수지와 같은 필수 화학 물질 의 합성에서 중요한 전구체입니다. 테트라히드로푸란(THF) 및 메틸테트라히드로푸란(MeTHF)과 같은 푸르푸랄 유도체는 폴리머, 의약품 및 농약 생산에서 용매 및 중간체로 사용됩니다 .

글로벌 푸르푸랄 시장 규모는 2023년에 5억 9,126만 달러로 평가되었으며, 2031년까지 9억 5,669만 달러에 도달할 것으로 예상되며, 2024년에서 2031년까지의 예측 기간 동안 CAGR은 6.2%입니다. Data Bridge Market Research에서 큐레이팅한 시장 보고서에는 시장 가치, 성장률, 세분화, 지리적 범위, 주요 업체와 같은 시장 시나리오에 대한 통찰력 외에도 심층적인 전문가 분석, 지리적으로 표현된 회사별 생산 및 용량, 유통업체 및 파트너의 네트워크 레이아웃, 자세하고 업데이트된 가격 추세 분석, 공급망 및 수요의 적자 분석이 포함됩니다.

보고 범위 및 시장 세분화

시장 정의

푸르푸랄은 옥수수 속대, 귀리 껍질, 사탕수수 바가스 등 농업 부산물에서 파생된 화학 화합물입니다. 다양한 화학 물질 생산 시 용매로, 그리고 다재다능한 특성으로 인해 재생 가능 연료 및 재료의 전구체로 일반적으로 사용됩니다.

푸르푸랄 시장 동향

운전자

• 재생 가능 솔루션에 대한 집중 증가로 푸르푸랄 수요 확대

옥수수 속대와 사탕수수 찌꺼기와 같은 농업 바이오매스에서 추출한 푸르푸랄은 석유화학 기반 용매와 화학 물질에 대한 재생 가능한 대안을 제공합니다. 생분해성과 낮은 환경 영향은 탄소 발자국을 줄이고 지속 가능성 목표를 고수하려는 산업에 매력적입니다. 다양한 응용 분야에서 푸르푸랄의 다재다능함과 재생 가능한 공급원이 결합되어 친환경적 소비자 요구와 더 녹색 대안에 대한 규제 압력에 의해 주도되는 시장에서 유리한 위치를 차지합니다.

• 바이오연료 생산 증가로 인한 푸르푸랄 수요 증가

푸르푸랄은 바이오연료 생산의 핵심 원료로 사용되며, 전통적인 화석 연료에 대한 재생 가능한 대안을 제공합니다. 정부와 산업이 탄소 배출 감소와 환경 영향 완화를 점점 더 우선시함에 따라 바이오연료 전구체로서 푸르푸랄에 대한 수요가 증가하고 있습니다. 이러한 수요는 푸르푸랄 생산자가 생산 용량을 확장하고 성장하는 바이오연료 시장을 활용할 수 있는 기회를 창출합니다.

기회

• 높은 기술 발전으로 생산 공정이 향상됩니다.

Innovations in extraction methods, catalytic processes, and refining techniques enable manufacturers to increase yields, reduce costs, and minimize environmental impact. Advancements in biotechnology and biorefinery processes offer opportunities to optimize furfural production from renewable biomass sources, further bolstering its appeal as a sustainable alternative to petrochemicals. These technological developments expand the potential applications of furfural and contribute to its competitiveness in the market, driving growth and adoption across various industries.

For instance, in 2022, Sappi's expansion of its furfural pilot plant signifies a significant technological advancement in furfural production. This initiative aims to enhance production efficiency and potentially lead to the construction of a commercial furfural plant, reflecting the industry's drive towards optimizing processes and meeting growing demand sustainably.

• Growing Regulatory Environment Promotes the Adoption of Furfural

Regulations promoting sustainability and reducing reliance on petrochemicals incentivize industries to adopt renewable alternatives such as furfural. Additionally, rules governing the use of chemicals in agriculture and consumer products impact the demand for furfural-based pesticides, herbicides, and additives. Compliance with environmental standards and mandates also encourages industries to invest in furfural-based processes and products. Furthermore, emerging regulations focused on carbon emissions and climate change mitigation may further boost the demand for furfural as a renewable feedstock for biofuels and chemicals, driving market growth.

Restraints/Challenges

• Growing Price Volatility Hampers the Growth of Furfural

Fluctuations in the prices of raw materials, energy, and competing products can disrupt production processes, affect profit margins, and deter investment in furfural production. Moreover, unpredictable price movements can create uncertainty for buyers and suppliers, leading to hesitancy in long-term commitments and contracts. Managing price volatility becomes crucial for market players to mitigate risks and maintain profitability.

• Limited Feedstock Availability limits the Growth of Furfural

Furfural is predominantly produced from agricultural residues such as corncobs, sugarcane bagasse, or in the case of the Numaligarh refinery initiative, bamboo. However, the availability and accessibility of these feedstocks can be inconsistent and regionally constrained. These constraints can hinder the scalability and stability of furfural production, impacting market growth and potentially leading to supply chain disruptions and price volatility.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

• In 2022, Numaligarh Refinery announced plans for a USD 212 million bio-refinery to produce bioethanol from 5 million tonnes of bamboo annually. Additionally, the refinery would supply chipped bamboo to yield 49 metric tonnes of ethanol, 19 MT of furfural, 11 MT of acetic acid, and other associated products. This project highlights efforts towards sustainable energy production and diversification in the refining industry
• In 2021, Sappi initiated an expansion of their furfural pilot plant, aiming for operational status by 2022. Pending successful results and approvals, they planned to construct a commercial furfural plant at the mill. This expansion underscores Sappi's investment in scaling up furfural production
• In 2020, Origin Materials, a Canadian and US material development company, committed to commercial production of 5-chloromethyl furfural (CMF), a sustainable chemical. Their process yields CMF with a high carbon-negative cradle-to-gate footprint, demonstrating a commitment to environmentally friendly production practices

Furfural Market Scope

The market is segmented on the basis of raw material, process, catalyst, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Raw Material

• Corncobs
• Rice Hulls
• Cotton Hulls
• Sugarcane Bagasse
• Others

Process

• Quaker Batch
• Chinese Batch
• Rosenlew Continuous
• Other

Catalyst

• Solid Acid Type
• Liquid Acid Type

 Application

• Solvents
• Flavour Enhancers
• Fungicides
• Gasoline Additives
• Decolorizing Agents
• Intermediates in Adhesives and Sealants

End User

• Chemical
• Agrochemical
• Pharmaceutical and Medical
• Oil and Gas
• Automotive and Transportation
• Manufacturing
• Furfurals and Polymer
• Food and beverages
• Fertilizer
• Others

Furfural Market Analysis/Insights

The market is analyzed and market size insights and trends are provided by country raw material, process, catalyst, application and end user as referenced above.

The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific is expected to dominate the market in terms of revenue growth and market share, largely due to significant furfural production, notably in China. This dominance is supported by burgeoning end-use industries such as pharmaceuticals, agriculture, food and beverages, and refineries across China, India, and Japan. The expanding economies of these countries are driving increased demand for furfural, emphasizing the region's pivotal role in shaping the global furfural market landscape.

Europe is expected to witness rapid development, primarily driven by growing demand for furfural. This demand surge is notably attributed to the foundry and chemical industries within the region. Furfural, a versatile chemical derived from various biomass sources, serves as a key ingredient in numerous industrial processes, contributing to its increasing prominence in Europe's industrial landscape. The region's emphasis on sustainability and renewable resources further propels the demand for furfural, aligning with global trends towards eco-friendly alternatives.

보고서의 국가 섹션은 또한 개별 시장 영향 요인과 국내 시장의 현재 및 미래 트렌드에 영향을 미치는 규제 변화를 제공합니다. 다운스트림 및 업스트림 가치 사슬 분석, 기술 트렌드 및 포터의 5가지 힘 분석, 사례 연구와 같은 데이터 포인트는 개별 국가의 시장 시나리오를 예측하는 데 사용되는 몇 가지 포인터입니다. 또한 글로벌 브랜드의 존재 및 가용성과 지역 및 국내 브랜드와의 대규모 또는 희소한 경쟁으로 인해 직면한 과제, 국내 관세 및 무역 경로의 영향이 국가 데이터에 대한 예측 분석을 제공하는 동안 고려됩니다.   

경쟁 환경 및 Furfural 시장 점유율 분석

시장 경쟁 구도는 경쟁자별 세부 정보를 제공합니다. 포함된 세부 정보는 회사 개요, 회사 재무, 창출된 수익, 시장 잠재력, 연구 개발 투자, 새로운 시장 이니셔티브, 글로벌 입지, 생산 현장 및 시설, 생산 용량, 회사의 강점과 약점, 제품 출시, 제품 폭과 범위, 애플리케이션 우세입니다. 위에 제공된 데이터 포인트는 시장과 관련된 회사의 초점에만 관련이 있습니다.

시장에서 활동하는 주요 기업은 다음과 같습니다.

• ILLOVO SUGAR AFRICA(남아프리카공화국)
• TransFurans Chemicals bvba(벨기에)
• 허베이켐(중국)
• KRBL(인도)
• 실바팀 스파(중국)
• LENZING AG(오스트리아)
• 홍예 홀딩 그룹 주식회사(중국)
• 타닌 dd (미국)
• 페나켐, LLC (미국)
• 허페이 TNJ 화학공업 주식회사(중국)
• TCI Chemicals (인도) Pvt. Ltd. (인도)
• 베이징 리스 케미컬스 주식회사(중국)
• Laxmi Furals Pvt Ltd(인도)

SKU-50108