Global Furfural Market to Develop at 13.1% Cagr from 2015 to 2023

Transparency Market
Research
Furfural Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2015 - 2023

Published Date
09-Dec-2015

139 Page Report

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Press Release

Global Furfural Market to Develop at 13.1% CAGR from 2015
to 2023 : TMR
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REPORT DESCRIPTION
Furfural Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2023
Transparency Market Research has published a market study on the global furfural market for the 2015-2023
period. The report, titled “Furfural Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2015 - 2023,” states that the global furfural market will rise at an impressive 13.1% CAGR from
2015 to 2023. This will result in the market’s valuation increasing from US$450.0 mn in 2014 to US$1.3 bn by
2023.
Browse the full Furfural Market for Furfuryl Alcohol, Solvents, Pharmaceuticals, Chemical
Intermediates, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2015 - 2023 report at : http://www.transparencymarketresearch.com/furfural-market.html
Furfural is a reddish-brown organic compound that can be derived from a number of agricultural byproducts
such as oat, corncobs, wheat bran, and sawdust. With a flash point of 140 °F, furfural is denser than water and
is miscible in water. It is toxic if ingested or if it comes in contact with the human system through skin
absorption or inhalation.
Rising awareness about the utilization of renewable materials in place of petrochemicals across various
industry verticals is driving the furfural market. Environmental deterioration due to the use of petrochemical
resources has compelled manufacturers to switch to renewable alternatives such as biomass-based...