Furfural Market by Raw Material (Sugarcane Bagasse, Corncob, Rice Husk, Sunflower Hull, and Others), by Application (Furfuryl Alcohol, Solvent, Resin, Gasoline Additives, Fungicides, Flavor Enhancers, Agricultural Types, Others), by End-User, and by
DUBLIN (BUSINESS WIRE) The "Global Furfural Market, By Raw Material, By Application, By End User, Estimation & Forecast, 2017 - 2027" report has been added to ResearchAndMarkets.com's offering.The global furfural market held a market value of USD 457.4 Million in 2020 and is projected to reach USD 840.7 Million by.
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The publisher brings years of research experience to the 6th edition of this report. The 284-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Furfural Market to Reach $1.9 Billion by 2027
Amid the COVID-19 crisis, the global market for Furfural estimated at US$971.1 Million in the year 2020, is projected
to reach a revised size of US$1.9 Billion by 2027, growing at a CAGR of 10.2% over the analysis period 2020-2027.
Furfural Alcohol, one of the segments analyzed in the report, is projected to record a 10.5% CAGR and reach US$1.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Solvents segment is readjusted to a revised 9.4% CAGR for the next 7-year perio