全球糠醛溶剂市场 – 行业趋势和 2029 年预测

市场分析和规模

过去几年，市场对无毒、低挥发性有机化合物（VOC）含量的糠醛溶剂的需求不断增长。此外，制造业发展强劲，大大促进了糠醛溶剂市场的需求，从而推动了市场的整体增长。

2021 年全球糠醛溶剂市场价值为 1.1903 亿美元，预计到 2029 年将达到 1.5674 亿美元，在 2022-2029 年的预测期内复合年增长率为 3.50%。除了市场价值、增长率、细分市场、地理覆盖范围、市场参与者和市场情景等市场洞察外，Data Bridge 市场研究团队策划的市场报告还包括深入的专家分析、进出口分析、定价分析、生产消费分析和气候链情景。

报告范围和市场细分

市场定义

Furfural alcohol, also known as 2-furylmethanol is basically furan with a hydroxymethyl group added is the basis of the chemical molecule. Bagasse from sugarcane and corn cobs are used to make furfural. By reducing furfural with a catalyst, furfural alcohol is produced. Furfural alcohol is typically employed as a solvent, but its principal application is as a chemical intermediary in the production of numerous other compounds, including wetting agents, adhesives, and foundry resins.

Furfural Solvent Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• High Demand for Furfural Solvents

In refineries, furfural solvent is frequently used to extract butadiene, naptane, and other lubricants. Other industrial extraction procedures also employ furfural. Quaker batch processing and Rosenlew continuous processing are used to create furfural solvent. Tetrahydrofurfuryl alcohol (THFA), which is frequently utilized in the pharmaceutical business, is also produced using it. The World Foundry Organization predicts that the foundry market in India, which is anticipated to be the second-largest in the world after China, will expand by 13.0–14.0 percent through 2025. As a result, the market for furfural is being driven up by the expanding foundry sector's demand for furfural alcohol.

• Increased Usage Across Agrochemicals

Around 2.7 billion acres of land had the potential to be used for crop production as of 2019, mostly in Asia-Pacific, South and Central America, and Sub-Saharan Africa. Different agrochemicals, including insecticides, fungicides, and herbicides, are made using the furfural solvent. In the agrochemicals described above, furfural solvent has substituted hazardous components. The agrochemical market is expected to develop at a CAGR of roughly 4% during the projected period to keep up with the rising demand for food from the world's ever-increasing population. As a result, it is anticipated that demand for the furfural solvent market would increase throughout the projected period due to the growing demand from the agrochemicals segment.

The non-toxicity and low volatile organic compound content of furfural solvent will further propel the growth rate of furfural solvent market. Additionally, the furfural chemicals are experiencing faster market expansion due to rising consumer demand for bio-based, environmentally friendly, and renewable chemicals. The expansion and growth of the various end use industries are projected to bolster the growth of the market.

Opportunities

• Favorable Legislation and Technological Developments

Furthermore, the demand for organic chemicals across various sectors is expanding due to favorable legislation regarding the incorporation of bio-based products in certain end-use industries, which further extends profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the technological developments in the furfural manufacturing process will significantly increase the production yield from important raw materials, producing economies of scale, which will further expand the future growth of the furfural solvent market.

Restraints/Challenges

• Availability of Furfural Alternatives

The market for furfural solvent is being constrained by the availability of crude oil-based substitute products that are substantially less expensive. In the foundry sector, furan resin is used to make binders. However, a number of primary responders stated that phenolic resin, which is made from crude oil, is less expensive than furan resin. Additionally, polytetramethylene ether glycol (PTMEG), which is used to make spandex for the textile industry, is made with butanediol (BDO). Although THF, a furfural derivative, can be used to manufacture spandex, its greater cost as a result of furfural manufacturing makes it less attractive than BDO.

• Low Furfural Yield From Conventional Technology

The most well-known process, the Quaker Oats technique, is used to convert the chemical furfural, which is generated from biomass, into a variety of chemical compounds and fuels. However, the commercial application of this technique was unable to produce the same results as the pilot tests. Additionally, several investigations have been conducted to comprehend the reaction mechanisms for furfural production from agricultural/wood residues. Scaling up these investigations is the current focus in order to increase furfural yield on a commercial scale. The low furfural yield from the conventional technology will pose as a challenge the furfural solvent market growth rate.

This furfural solvent 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 furfural solvent market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Furfural Solvent Market

最近爆​​发的冠状病毒导致全球供应链中断，对溶剂市场产生了不利影响。市场主要依赖于建筑、汽车、造船和航空制造业的扩张，因为这些行业的油漆和涂料应用需要溶剂。世界上最大的制造业和建筑市场是中国。中国主要地区的严格封锁阻碍了建筑活动。COVID-19 疫情影响了糠醛溶剂的需求，是今年第一季度油漆和涂料需求下降的主要原因。

全球糠醛溶剂市场范围

糠醛溶剂市场根据原材料和应用进行细分。这些细分市场之间的增长情况将帮助您分析行业中增长缓慢的细分市场，并为用户提供有价值的市场概览和市场洞察，帮助他们做出战略决策，确定核心市场应用。

原料

• 玉米芯
• 米
• 果壳
• 甘蔗渣
• 其他的

 应用

• 石油精炼
• 农业配方
• 油漆和涂料
• 药品
• 其他的

糠醛溶剂市场区域分析/见解

对糠醛溶剂市场进行了分析，并按国家、原材料和应用提供了上述市场规模见解和趋势。

糠醛溶剂市场报告涉及的国家包括北美洲的美国、加拿大和墨西哥、欧洲的德国、法国、英国、荷兰、瑞士、比利时、俄罗斯、意大利、西班牙、土耳其、欧洲其他地区、亚太地区（APAC）的中国、日本、印度、韩国、新加坡、马来西亚、澳大利亚、泰国、印度尼西亚、菲律宾、亚太地区（APAC）的其他地区、中东和非洲（MEA）的其他地区、南美洲的巴西、阿根廷和南美洲其他地区。

北美在市场份额和市场收入方面占据市场主导地位，并将在 2022-2029 年的预测期内继续保持主导地位。该地区的市场增长归因于该地区对不同生物基化学品的全球需求不断增长。

另一方面，由于该地区建筑活动的增长，预计亚太地区在 2022-2029 年预测期内将呈现丰厚的增长。

报告的国家部分还提供了影响市场当前和未来趋势的各个市场影响因素和市场监管变化。下游和上游价值链分析、技术趋势和波特五力分析、案例研究等数据点是用于预测各个国家市场情景的一些指标。此外，在提供国家数据的预测分析时，还考虑了全球品牌的存在和可用性以及它们因来自本地和国内品牌的大量或稀缺竞争而面临的挑战、国内关税和贸易路线的影响。

糠醛溶剂竞争格局及市场份额分析

糠醛溶剂市场竞争格局按竞争对手提供详细信息。详细信息包括公司概况、公司财务状况、收入、市场潜力、研发投资、新市场计划、全球影响力、生产基地和设施、生产能力、公司优势和劣势、产品发布、产品宽度和广度、应用主导地位。以上提供的数据点仅与公司对糠醛溶剂市场的关注有关。

糠醛溶剂市场的一些主要参与者包括

• TransFurans Chemicals bvba（比利时）
• 中央罗马纳公司 (多米尼加共和国)
• Pennakem, LLC（美国）
• Silvateam Spa（意大利）
• ILLOVO SUGAR AFRICA (PTY) LTD (南非)
• 河北化工（马来西亚）
• 宏业化工（中国）
• KRBL（印度）
• 默克集团（德国）
• 兰精股份公司（奥地利）
• Tannin 公司 (斯洛文尼亚)
• 合肥天杰化工有限公司 (中国)
• 合肥天杰化工有限公司 (中国)
•  Neste（芬兰）
• Soltex Inc.（美国）
• 恒逸工业有限公司（马来西亚）
• 巴斯夫公司（德国）
• Ashland Inc.，（美国）
• Adrol（美国）
• 山东冠科实业有限公司 (中国)

SKU-53278