Furfural Derivatives Market Growth Factors are Rising Applications of Bio-Based and Renewable Products: Radiant Insights, Inc.

SAN FRANCISCO, June 21, 2018 /PRNewswire/ --

Global Furfural Derivatives Market expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe. Furfural also known as 2-furaldehyde a colorless liquid with chemical formula C4H3O-CHO and the cause of the other technically important furans. When exposed to air the colorless liquid turns into dark color. It dissolves in water and can completely mix with alcohol and ether. Furfural derivatives inclusively used in industries like agrochemical, plastics, and pharmaceutical. Also, these derivatives inclusively used as transportation fuels, fungicides and nematicides, resins, insecticides, flavor enhancers for drinks and food, lubricants, book preservation, resins, and for wood modification.

Prominent factors that are playing a major role in the growth of Furfural Derivatives Market are, rising applications of bio-based and renewable products, strict government regulations to build a healthy environment and rising awareness among consumers. Furfural Derivatives Market segmented based on product type, application, and region.

Product type into Poly Tetrahydrofuran (Poly THF), Furoic Acid, Methyl Tetrahydrofuran (MeTHF), Tetrahydrofurfuryl Alcohol (THFA), Tetrahydrofuran (THF), and 2, 5-Furandicarboxylic Acid (FDCA) classify Furfural Derivatives Market. Poly Tetrahydrofuran (Poly THF), Methyl Tetrahydrofuran (MeTHF), and Tetrahydrofuran (THF) are the highly attractive product types, accounting for the largest market share of Furfural Derivatives Market in terms of revenue. When these product types combined, it may have a variety of applications.

Applications into Pesticides, Synthetic Plastics, Pharmaceuticals, and others classify Furfural Derivatives Market. Furfural Derivatives Market segmented, geographically into America (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa. Globally, Asia Pacific regional market accounted for the largest share of Furfural Derivatives Market and led the overall market over the period. Developing countries like China and India are the key consumer of Furfural Derivatives and led the overall market. The reason is usage of advanced technology that has improved production process. On the other hand, European regional market accounted for significant share of Furfural Derivatives Market and follows Asia Pacific in terms of consumption.

Access 117 page research report with TOC on "Furfural Derivatives Market" available with Radiant Insights, Inc. @ https://www.radiantinsights.com/research/global-furfural-derivatives-market-research-report-2016

The key players of Furfural Derivatives Market are TransFurans Chemicals, Ashland Inc., International Furan Chemicals, Avantium, International Process Plants, BASF SE, Novasynorganics, DynaChem Inc., Ideal Chemical & Supply Company, Hongye Chemical, SweetLake Chemical, Corbion NV, NeuChem Inc., Penn A. Kem LLC, SolvChem, Nova Molecular Technologies, Shenzhen Shu Hang Industrial Development, and Continental Industries Group.

This report studies Furfural Derivatives in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering 

•    DynaChem Inc.

•    The Chemical Company

•    Hongye Chemical

•    Penn A Kem LLC

•    Nova Molecular technologies

•    Continetal Industries Group

•    Shenzhen Shu Hang Industrial Development

•    SolvChem

•    NeuChem Inc.

•    SweetLake Chemical

•    Ideal Chemical & Supply Company

•    Novasynorganics

•    International Process Plants

•    International Furan Chemicals

•    TransFurans Chemicals

Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate of Furfural Derivatives in these regions, from 2011 to 2021 (forecast), like 

•    North America

•    Europe

•    China

•    Japan

•    Southeast Asia

•    India

Split by product type, with production, revenue, price, market share and growth rate of each type, can be divided into 

•    Type I

•    Type II

•    Type III

Split by application, this report focuses on consumption, market share and growth rate of Furfural Derivatives in each application, can be divided into 

•    Application 1

•    Application 2

•    Application 3

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SOURCE Radiant Insights, Inc.