Furfural is an aldehyde that is furan with the hydrogen at position 2 substituted by a formyl group. It has a role as a Maillard reaction product and a metabolite. It is a member of furans and an aldehyde.

The latest research study released by Market IntelliX evaluates market size and forecasts of Furfural in global, including the following market information:

Global Furfural Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Furfural Market Sales, 2017-2022, 2023-2028, (K MT)

Global top five Furfural companies in 2021 (%)

The global Furfural market was valued at 841.6 million in 2021 and is projected to reach US$ 1110.3 million by 2028, at a CAGR of 4.0% during the forecast period 2022-2028.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Purity 99% Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Furfural include Hongye Chemical, Lenzing, Penn A Kem, Central Romana, Illovo Sugar, Hebei Xingtai Chunlei, Silvateam, Shijiazhuang Guangxin Weiye and Zhucheng Taisheng Chemical, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MI has surveyed the Furfural manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Market Segmentations:

Global Furfural Market, by Purity, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Furfural Market Segment Percentages, by Purity, 2021 (%)

Purity 99%

Purity 98.5%

Others

Global Furfural Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Furfural Market Segment Percentages, by Application, 2021 (%)

Furfural Alcohol

Solvent

Others

Global Furfural Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Furfural Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Furfural revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Furfural revenues share in global market, 2021 (%)

Key companies Furfural sales in global market, 2017-2022 (Estimated), (K MT)

Key companies Furfural sales share in global market, 2021 (%)

The report presents profiles of competitors in the market Some of the prominent key players covered:

Hongye Chemical

Lenzing

Penn A Kem

Central Romana

Illovo Sugar

Hebei Xingtai Chunlei

Silvateam

Shijiazhuang Guangxin Weiye

Zhucheng Taisheng Chemical

Zibo Huaao Chemical

Henan Huilong Chemical

Pingquan Fengsheng Chemical

Key Takeaways from this Report

Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.

Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.

Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

Analyze the sales and distribution channels across key geographies to improve top-line revenues.

Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

1 Introduction to Research & Analysis Reports

1.1 Furfural Market Definition

1.2 Market Segments

1.2.1 Market by Purity

1.2.2 Market by Application

1.3 Global Furfural Market Overview

1.4 Features & Benefits of This Report

1.5 Methodology & Sources of Information

1.5.1 Research Methodology

1.5.2 Research Process

1.5.3 Base Year

1.5.4 Report Assumptions & Caveats

2 Global Furfural Overall Market Size

2.1 Global Furfural Market Size: 2021 VS 2028

2.2 Global Furfural Revenue, Prospects & Forecasts: 2017-2028

2.3 Global Furfural Sales: 2017-2028

3 Company Landscape

3.1 Top Furfural Players in Global Market

3.2 Top Global Furfural Companies Ranked by Revenue

3.3 Global Furfural Revenue by Companies

3.4 Global Furfural Sales by Companies

3.5 Global Furfural Price by Manufacturer (2017-2022)

3.6 Top 3 and Top 5 Furfural Companies in Global Market, by Revenue in 2021

3.7 Global Manufacturers Furfural Product Type

3.8 Tier 1, Tier 2 and Tier 3 Furfural Players in Global Market

3.8.1 List of Global Tier 1 Furfural Companies

3.8.2 List of Global Tier 2 and Tier 3 Furfural Companies

4 Sights by Product

4.1 Overview

4.1.1 By Purity - Global Furfural Market Size Markets, 2021 & 2028

4.1.2 Purity 99%

4.1.3 Purity 98.5%

4.1.4 Others

4.2 By Purity - Global Furfural Revenue & Forecasts

4.2.1 By Purity - Global Furfural Revenue, 2017-2022

4.2.2 By Purity - Global Furfural Revenue, 2023-2028

4.2.3 By Purity - Global Furfural Revenue Market Share, 2017-2028

4.3 By Purity - Global Furfural Sales & Forecasts

4.3.1 By Purity - Global Furfural Sales, 2017-2022

4.3.2 By Purity - Global Furfural Sales, 2023-2028

4.3.3 By Purity - Global Furfural Sales Market Share, 2017-2028

4.4 By Purity - Global Furfural Price (Manufacturers Selling Prices), 2017-2028

5 Sights By Application

5.1 Overview

5.1.1 By Application - Global Furfural Market Size, 2021 & 2028

5.1.2 Furfural Alcohol

5.1.3 Solvent

5.1.4 Others

5.2 By Application - Global Furfural Revenue & Forecasts

5.2.1 By Application - Global Furfural Revenue, 2017-2022

5.2.2 By Application - Global Furfural Revenue, 2023-2028

5.2.3 By Application - Global Furfural Revenue Market Share, 2017-2028

5.3 By Application - Global Furfural Sales & Forecasts

5.3.1 By Application - Global Furfural Sales, 2017-2022

5.3.2 By Application - Global Furfural Sales, 2023-2028

5.3.3 By Application - Global Furfural Sales Market Share, 2017-2028

5.4 By Application - Global Furfural Price (Manufacturers Selling Prices), 2017-2028

6 Sights by Region

6.1 By Region - Global Furfural Market Size, 2021 & 2028

6.2 By Region - Global Furfural Revenue & Forecasts

6.2.1 By Region - Global Furfural Revenue, 2017-2022

6.2.2 By Region - Global Furfural Revenue, 2023-2028

6.2.3 By Region - Global Furfural Revenue Market Share, 2017-2028

6.3 By Region - Global Furfural Sales & Forecasts

6.3.1 By Region - Global Furfural Sales, 2017-2022

6.3.2 By Region - Global Furfural Sales, 2023-2028

6.3.3 By Region - Global Furfural Sales Market Share, 2017-2028

6.4 North America

6.4.1 By Country - North America Furfural Revenue, 2017-2028

6.4.2 By Country - North America Furfural Sales, 2017-2028

6.4.3 US Furfural Market Size, 2017-2028

6.4.4 Canada Furfural Market Size, 2017-2028

6.4.5 Mexico Furfural Market Size, 2017-2028

6.5 Europe

6.5.1 By Country - Europe Furfural Revenue, 2017-2028

6.5.2 By Country - Europe Furfural Sales, 2017-2028

6.5.3 Germany Furfural Market Size, 2017-2028

6.5.4 France Furfural Market Size, 2017-2028

6.5.5 U.K. Furfural Market Size, 2017-2028

6.5.6 Italy Furfural Market Size, 2017-2028

6.5.7 Russia Furfural Market Size, 2017-2028

6.5.8 Nordic Countries Furfural Market Size, 2017-2028

6.5.9 Benelux Furfural Market Size, 2017-2028

6.6 Asia

6.6.1 By Region - Asia Furfural Revenue, 2017-2028

6.6.2 By Region - Asia Furfural Sales, 2017-2028

6.6.3 China Furfural Market Size, 2017-2028

6.6.4 Japan Furfural Market Size, 2017-2028

6.6.5 South Korea Furfural Market Size, 2017-2028

6.6.6 Southeast Asia Furfural Market Size, 2017-2028

6.6.7 India Furfural Market Size, 2017-2028

6.7 South America

6.7.1 By Country - South America Furfural Revenue, 2017-2028

6.7.2 By Country - South America Furfural Sales, 2017-2028

6.7.3 Brazil Furfural Market Size, 2017-2028

6.7.4 Argentina Furfural Market Size, 2017-2028

6.8 Middle East & Africa

6.8.1 By Country - Middle East & Africa Furfural Revenue, 2017-2028

6.8.2 By Country - Middle East & Africa Furfural Sales, 2017-2028

6.8.3 Turkey Furfural Market Size, 2017-2028

6.8.4 Israel Furfural Market Size, 2017-2028

6.8.5 Saudi Arabia Furfural Market Size, 2017-2028

6.8.6 UAE Furfural Market Size, 2017-2028

7 Manufacturers & Brands Profiles

7.1 Hongye Chemical

7.1.1 Hongye Chemical Corporate Summary

7.1.2 Hongye Chemical Business Overview

7.1.3 Hongye Chemical Furfural Major Product Offerings

7.1.4 Hongye Chemical Furfural Sales and Revenue in Global (2017-2022)

7.1.5 Hongye Chemical Key News

7.2 Lenzing

7.2.1 Lenzing Corporate Summary

7.2.2 Lenzing Business Overview

7.2.3 Lenzing Furfural Major Product Offerings

7.2.4 Lenzing Furfural Sales and Revenue in Global (2017-2022)

7.2.5 Lenzing Key News

7.3 Penn A Kem

7.3.1 Penn A Kem Corporate Summary

7.3.2 Penn A Kem Business Overview

7.3.3 Penn A Kem Furfural Major Product Offerings

7.3.4 Penn A Kem Furfural Sales and Revenue in Global (2017-2022)

7.3.5 Penn A Kem Key News

7.4 Central Romana

7.4.1 Central Romana Corporate Summary

7.4.2 Central Romana Business Overview

7.4.3 Central Romana Furfural Major Product Offerings

7.4.4 Central Romana Furfural Sales and Revenue in Global (2017-2022)

7.4.5 Central Romana Key News

7.5 Illovo Sugar

7.5.1 Illovo Sugar Corporate Summary

7.5.2 Illovo Sugar Business Overview

7.5.3 Illovo Sugar Furfural Major Product Offerings

7.5.4 Illovo Sugar Furfural Sales and Revenue in Global (2017-2022)

7.5.5 Illovo Sugar Key News

7.6 Hebei Xingtai Chunlei

7.6.1 Hebei Xingtai Chunlei Corporate Summary

7.6.2 Hebei Xingtai Chunlei Business Overview

7.6.3 Hebei Xingtai Chunlei Furfural Major Product Offerings

7.6.4 Hebei Xingtai Chunlei Furfural Sales and Revenue in Global (2017-2022)

7.6.5 Hebei Xingtai Chunlei Key News

7.7 Silvateam

7.7.1 Silvateam Corporate Summary

7.7.2 Silvateam Business Overview

7.7.3 Silvateam Furfural Major Product Offerings

7.7.4 Silvateam Furfural Sales and Revenue in Global (2017-2022)

7.7.5 Silvateam Key News

7.8 Shijiazhuang Guangxin Weiye

7.8.1 Shijiazhuang Guangxin Weiye Corporate Summary

7.8.2 Shijiazhuang Guangxin Weiye Business Overview

7.8.3 Shijiazhuang Guangxin Weiye Furfural Major Product Offerings

7.8.4 Shijiazhuang Guangxin Weiye Furfural Sales and Revenue in Global (2017-2022)

7.8.5 Shijiazhuang Guangxin Weiye Key News

7.9 Zhucheng Taisheng Chemical

7.9.1 Zhucheng Taisheng Chemical Corporate Summary

7.9.2 Zhucheng Taisheng Chemical Business Overview

7.9.3 Zhucheng Taisheng Chemical Furfural Major Product Offerings

7.9.4 Zhucheng Taisheng Chemical Furfural Sales and Revenue in Global (2017-2022)

7.9.5 Zhucheng Taisheng Chemical Key News

7.10 Zibo Huaao Chemical

7.10.1 Zibo Huaao Chemical Corporate Summary

7.10.2 Zibo Huaao Chemical Business Overview

7.10.3 Zibo Huaao Chemical Furfural Major Product Offerings

7.10.4 Zibo Huaao Chemical Furfural Sales and Revenue in Global (2017-2022)

7.10.5 Zibo Huaao Chemical Key News

7.11 Henan Huilong Chemical

7.11.1 Henan Huilong Chemical Corporate Summary

7.11.2 Henan Huilong Chemical Furfural Business Overview

7.11.3 Henan Huilong Chemical Furfural Major Product Offerings

7.11.4 Henan Huilong Chemical Furfural Sales and Revenue in Global (2017-2022)

7.11.5 Henan Huilong Chemical Key News

7.12 Pingquan Fengsheng Chemical

7.12.1 Pingquan Fengsheng Chemical Corporate Summary

7.12.2 Pingquan Fengsheng Chemical Furfural Business Overview

7.12.3 Pingquan Fengsheng Chemical Furfural Major Product Offerings

7.12.4 Pingquan Fengsheng Chemical Furfural Sales and Revenue in Global (2017-2022)

7.12.5 Pingquan Fengsheng Chemical Key News

8 Global Furfural Production Capacity, Analysis

8.1 Global Furfural Production Capacity, 2017-2028

8.2 Furfural Production Capacity of Key Manufacturers in Global Market

8.3 Global Furfural Production by Region

9 Key Market Trends, Opportunity, Drivers and Restraints

9.1 Market Opportunities & Trends

9.2 Market Drivers

9.3 Market Restraints

10 Furfural Supply Chain Analysis

10.1 Furfural Industry Value Chain

10.2 Furfural Upstream Market

10.3 Furfural Downstream and Clients

10.4 Marketing Channels Analysis

10.4.1 Marketing Channels

10.4.2 Furfural Distributors and Sales Agents in Global

11 Conclusion

12 Appendix

12.1 Note

12.2 Examples of Clients

12.3 Disclaimer

List of Tables

Table 1. Key Players of Furfural in Global Market

Table 2. Top Furfural Players in Global Market, Ranking by Revenue (2021)

Table 3. Global Furfural Revenue by Companies, (US$, Mn), 2017-2022

Table 4. Global Furfural Revenue Share by Companies, 2017-2022

Table 5. Global Furfural Sales by Companies, (K MT), 2017-2022

Table 6. Global Furfural Sales Share by Companies, 2017-2022

Table 7. Key Manufacturers Furfural Price (2017-2022) & (USD/MT)

Table 8. Global Manufacturers Furfural Product Type

Table 9. List of Global Tier 1 Furfural Companies, Revenue (US$, Mn) in 2021 and Market Share

Table 10. List of Global Tier 2 and Tier 3 Furfural Companies, Revenue (US$, Mn) in 2021 and Market Share

Table 11. By Purity – Global Furfural Revenue, (US$, Mn), 2021 & 2028

Table 12. By Purity - Global Furfural Revenue (US$, Mn), 2017-2022

Table 13. By Purity - Global Furfural Revenue (US$, Mn), 2023-2028

Table 14. By Purity - Global Furfural Sales (K MT), 2017-2022

Table 15. By Purity - Global Furfural Sales (K MT), 2023-2028

Table 16. By Application – Global Furfural Revenue, (US$, Mn), 2021 & 2028

Table 17. By Application - Global Furfural Revenue (US$, Mn), 2017-2022

Table 18. By Application - Global Furfural Revenue (US$, Mn), 2023-2028

Table 19. By Application - Global Furfural Sales (K MT), 2017-2022

Table 20. By Application - Global Furfural Sales (K MT), 2023-2028

Table 21. By Region – Global Furfural Revenue, (US$, Mn), 2021 VS 2028

Table 22. By Region - Global Furfural Revenue (US$, Mn), 2017-2022

Table 23. By Region - Global Furfural Revenue (US$, Mn), 2023-2028

Table 24. By Region - Global Furfural Sales (K MT), 2017-2022

Table 25. By Region - Global Furfural Sales (K MT), 2023-2028

Table 26. By Country - North America Furfural Revenue, (US$, Mn), 2017-2022

Table 27. By Country - North America Furfural Revenue, (US$, Mn), 2023-2028

Table 28. By Country - North America Furfural Sales, (K MT), 2017-2022

Table 29. By Country - North America Furfural Sales, (K MT), 2023-2028

Table 30. By Country - Europe Furfural Revenue, (US$, Mn), 2017-2022

Table 31. By Country - Europe Furfural Revenue, (US$, Mn), 2023-2028

Table 32. By Country - Europe Furfural Sales, (K MT), 2017-2022

Table 33. By Country - Europe Furfural Sales, (K MT), 2023-2028

Table 34. By Region - Asia Furfural Revenue, (US$, Mn), 2017-2022

Table 35. By Region - Asia Furfural Revenue, (US$, Mn), 2023-2028

Table 36. By Region - Asia Furfural Sales, (K MT), 2017-2022

Table 37. By Region - Asia Furfural Sales, (K MT), 2023-2028

Table 38. By Country - South America Furfural Revenue, (US$, Mn), 2017-2022

Table 39. By Country - South America Furfural Revenue, (US$, Mn), 2023-2028

Table 40. By Country - South America Furfural Sales, (K MT), 2017-2022

Table 41. By Country - South America Furfural Sales, (K MT), 2023-2028

Table 42. By Country - Middle East & Africa Furfural Revenue, (US$, Mn), 2017-2022

Table 43. By Country - Middle East & Africa Furfural Revenue, (US$, Mn), 2023-2028

Table 44. By Country - Middle East & Africa Furfural Sales, (K MT), 2017-2022

Table 45. By Country - Middle East & Africa Furfural Sales, (K MT), 2023-2028

Table 46. Hongye Chemical Corporate Summary

Table 47. Hongye Chemical Furfural Product Offerings

Table 48. Hongye Chemical Furfural Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)

Table 49. Lenzing Corporate Summary

Table 50. Lenzing Furfural Product Offerings

Table 51. Lenzing Furfural Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)

Table 52. Penn A Kem Corporate Summary

Table 53. Penn A Kem Furfural Product Offerings

Table 54. Penn A Kem Furfural Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)

Table 55. Central Romana Corporate Summary

Table 56. Central Romana Furfural Product Offerings

Table 57. Central Romana Furfural Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)

Table 58. Illovo Sugar Corporate Summary

Table 59. Illovo Sugar Furfural Product Offerings

Table 60. Illovo Sugar Furfural Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)

Table 61. Hebei Xingtai Chunlei Corporate Summary

Table 62. Hebei Xingtai Chunlei Furfural Product Offerings

Table 63. Hebei Xingtai Chunlei Furfural Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)

Table 64. Silvateam Corporate Summary

Table 65. Silvateam Furfural Product Offerings

Table 66. Silvateam Furfural Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)

Table 67. Shijiazhuang Guangxin Weiye Corporate Summary

Table 68. Shijiazhuang Guangxin Weiye Furfural Product Offerings

Table 69. Shijiazhuang Guangxin Weiye Furfural Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)

Table 70. Zhucheng Taisheng Chemical Corporate Summary

Table 71. Zhucheng Taisheng Chemical Furfural Product Offerings

Table 72. Zhucheng Taisheng Chemical Furfural Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)

Table 73. Zibo Huaao Chemical Corporate Summary

Table 74. Zibo Huaao Chemical Furfural Product Offerings

Table 75. Zibo Huaao Chemical Furfural Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)

Table 76. Henan Huilong Chemical Corporate Summary

Table 77. Henan Huilong Chemical Furfural Product Offerings

Table 78. Henan Huilong Chemical Furfural Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)

Table 79. Pingquan Fengsheng Chemical Corporate Summary

Table 80. Pingquan Fengsheng Chemical Furfural Product Offerings

Table 81. Pingquan Fengsheng Chemical Furfural Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)

Table 82. Furfural Production Capacity (K MT) of Key Manufacturers in Global Market, 2020-2022 (K MT)

Table 83. Global Furfural Capacity Market Share of Key Manufacturers, 2020-2022

Table 84. Global Furfural Production by Region, 2017-2022 (K MT)

Table 85. Global Furfural Production by Region, 2023-2028 (K MT)

Table 86. Furfural Market Opportunities & Trends in Global Market

Table 87. Furfural Market Drivers in Global Market

Table 88. Furfural Market Restraints in Global Market

Table 89. Furfural Raw Materials

Table 90. Furfural Raw Materials Suppliers in Global Market

Table 91. Typical Furfural Downstream

Table 92. Furfural Downstream Clients in Global Market

Table 93. Furfural Distributors and Sales Agents in Global Market

List of Figures

Figure 1. Furfural Segment by Purity

Figure 2. Furfural Segment by Application

Figure 3. Global Furfural Market Overview: 2021

Figure 4. Key Caveats

Figure 5. Global Furfural Market Size: 2021 VS 2028 (US$, Mn)

Figure 6. Global Furfural Revenue, 2017-2028 (US$, Mn)

Figure 7. Furfural Sales in Global Market: 2017-2028 (K MT)

Figure 8. The Top 3 and 5 Players Market Share by Furfural Revenue in 2021

Figure 9. By Purity - Global Furfural Sales Market Share, 2017-2028

Figure 10. By Purity - Global Furfural Revenue Market Share, 2017-2028

Figure 11. By Purity - Global Furfural Price (USD/MT), 2017-2028

Figure 12. By Application - Global Furfural Sales Market Share, 2017-2028

Figure 13. By Application - Global Furfural Revenue Market Share, 2017-2028

Figure 14. By Application - Global Furfural Price (USD/MT), 2017-2028

Figure 15. By Region - Global Furfural Sales Market Share, 2017-2028

Figure 16. By Region - Global Furfural Revenue Market Share, 2017-2028

Figure 17. By Country - North America Furfural Revenue Market Share, 2017-2028

Figure 18. By Country - North America Furfural Sales Market Share, 2017-2028

Figure 19. US Furfural Revenue, (US$, Mn), 2017-2028

Figure 20. Canada Furfural Revenue, (US$, Mn), 2017-2028

Figure 21. Mexico Furfural Revenue, (US$, Mn), 2017-2028

Figure 22. By Country - Europe Furfural Revenue Market Share, 2017-2028

Figure 23. By Country - Europe Furfural Sales Market Share, 2017-2028

Figure 24. Germany Furfural Revenue, (US$, Mn), 2017-2028

Figure 25. France Furfural Revenue, (US$, Mn), 2017-2028

Figure 26. U.K. Furfural Revenue, (US$, Mn), 2017-2028

Figure 27. Italy Furfural Revenue, (US$, Mn), 2017-2028

Figure 28. Russia Furfural Revenue, (US$, Mn), 2017-2028

Figure 29. Nordic Countries Furfural Revenue, (US$, Mn), 2017-2028

Figure 30. Benelux Furfural Revenue, (US$, Mn), 2017-2028

Figure 31. By Region - Asia Furfural Revenue Market Share, 2017-2028

Figure 32. By Region - Asia Furfural Sales Market Share, 2017-2028

Figure 33. China Furfural Revenue, (US$, Mn), 2017-2028

Figure 34. Japan Furfural Revenue, (US$, Mn), 2017-2028

Figure 35. South Korea Furfural Revenue, (US$, Mn), 2017-2028

Figure 36. Southeast Asia Furfural Revenue, (US$, Mn), 2017-2028

Figure 37. India Furfural Revenue, (US$, Mn), 2017-2028

Figure 38. By Country - South America Furfural Revenue Market Share, 2017-2028

Figure 39. By Country - South America Furfural Sales Market Share, 2017-2028

Figure 40. Brazil Furfural Revenue, (US$, Mn), 2017-2028

Figure 41. Argentina Furfural Revenue, (US$, Mn), 2017-2028

Figure 42. By Country - Middle East & Africa Furfural Revenue Market Share, 2017-2028

Figure 43. By Country - Middle East & Africa Furfural Sales Market Share, 2017-2028

Figure 44. Turkey Furfural Revenue, (US$, Mn), 2017-2028

Figure 45. Israel Furfural Revenue, (US$, Mn), 2017-2028

Figure 46. Saudi Arabia Furfural Revenue, (US$, Mn), 2017-2028

Figure 47. UAE Furfural Revenue, (US$, Mn), 2017-2028

Figure 48. Global Furfural Production Capacity (K MT), 2017-2028

Figure 49. The Percentage of Production Furfural by Region, 2021 VS 2028

Figure 50. Furfural Industry Value Chain

Figure 51. Marketing Channels

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)