푸르푸랄 시장 세계 시장 규모는 2023년 7억 7,000만 달러에 달했습니다. 향후 IMARC 그룹은 시장이 2032년까지 12억 9,000만 달러에 이르고, 2024년과 2032년 사이에 5.7%의 성장률(CAGR)을 보일 것으로 예측됩니다. 향수의 생산량 증가, 식음료(F&B) 업계의 이용률 상승, 환경 문제에 대한 관심 증가 등이 시장을 견인하는 주요 요인이 되고 있습니다.
푸르푸랄(C4H3O-CHO)은 당의 탈수 시 생성되는 천연 화합물을 말합니다. 사탕수수 바가스, 옥수수 심, 나무 쓰레기, 왕겨 등 다양한 원료로 제조됩니다. 무색의 액체로 외관은 기름기 좋고 다재다능하며 알코올과 에테르와 완전히 섞입니다. 부식 방지 물질이기도 하고, 특히 저탄소강의 표면에 효과적입니다. 푸르푸릴 알코올, 테트라하이드로플루푸릴 알코올(THFA), 테트라히드로푸란, 푸란, 디올로 쉽게 변환할 수 있습니다. 열경화성과 내물리성을 가지며 수지 제조에 적합합니다. 식품 향료, 퍼스널케어 제품의 향료, 탄화수소에서 디엔을 추출하는 석유 화학 정제의 용제, 윤활제, 탈색제, 수송용 연료로서 이용되고 있습니다. 또한 농약과 비료, 가솔린 첨가제, 제트 연료 혼합 스톡, 목재 개질제, 폭격으로 손상된 활주로 및 천공의 전천후 보수 시스템으로도 사용되고 있습니다. 이 밖에 C4H3O-CHO는 농업, 식음료(F&B), 페인트 및 코팅, 제약산업 등 세계에서 용도를 발견하고 있습니다.
현재, 퍼스널케어 제품의 향수와 향수를 제조하기 위한 C4H3O-CHO 수요가 높아지고 있는 것이, 시장의 성장을 지지하는 주요인 중 하나가 되고 있습니다. 이에 더해 폴리에틸렌테레프탈레이트(PET)나 청량음료수병용 바이오PET의 대체가 되는 바이오플라스틱, 폴리에틸렌플라노에이트(PEF)를 생산하기 위한 C4H3O-CHO 수요가 증가하고 있어 시장 전망 밝습니다. 또한, 금속 주조용 중자 및 금형을 제조하기 위한 푸르푸릴 알코올 수요가 세계적으로 증가하고 있습니다. 이는 제약 업계에서 테트라하이드로플루푸릴 알코올(THFA) 제조를 위한 C4H3O-CHO 이용 증가와 함께 시장 성장을 가속하고 있습니다. 이와는 별도로, 유리섬유나 항공기·자동차 부품의 제조에 있어서의 C4H3O-CHO 유도체 수요 증가는 업계 관계자에게 유리한 성장 기회를 제공합니다. 게다가 석유화학제품에 대한 의존도를 줄일 필요성이 높아지면서 세계 환경에 대한 관심이 높아지면서 C4H3O-CHO의 사용이 증가하고 있는 것도 시장에 긍정적인 영향을 미치고 있습니다. 게다가 식음료(F&B) 산업에서 C4H3O-CHO의 사용량 증가는 다양한 제품의 향료와 보조제로서 시장 성장을 강화하고 있습니다.
The global furfural market size reached US$ 770 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,290 Million by 2032, exhibiting a growth rate (CAGR) of 5.7% during 2024-2032. The increasing production of perfumes and fragrances, rising utilization in the food and beverage (F&B) industry, and the increasing environmental concerns represent some of the key factors driving the market.
Furfural (C4H3O-CHO) refers to the natural compound formed during the dehydration of sugars. It is manufactured from various raw materials, such as sugarcane bagasse, corn cobs, wood waste, and rice husk. It is a colorless liquid, oily in appearance, versatile, and completely miscible with alcohol and ether. It is also a corrosion-preventive substance that is especially effective on low-carbon steel surfaces. It can be easily converted into furfuryl alcohol, tetrahydrofurfuryl alcohol (THFA), tetrahydrofuran, furan, and diols. It offers thermosetting and physical resistance properties that are highly suitable for the production of resins. It is utilized as food flavoring, fragrance in personal care products, solvents in petrochemical refining to extract dienes from hydrocarbons, lubricants, decolorizing agents, and transportation fuels. It is also employed as pesticides and fertilizers, gasoline additives, jet fuel blend stocks, wood modifier, all-weather repair system for bomb-damaged runways and potholes. Besides this, C4H3O-CHO finds applications in the agriculture, food and beverage (F&B), paints and coatings, and pharmaceutical industries across the globe.
At present, the rising demand for C4H3O-CHO to produce perfumes and fragrances in personal care products represents one of the primary factors supporting the growth of the market. Besides this, the growing demand for C4H3O-CHO to produce bioplastics polyethylene furanoate (PEF), which is an alternative to polyethylene terephthalate (PET) and bio-PET for soft drink bottles, is offering a positive market outlook. Additionally, there is a rise in the demand for furfuryl alcohol to produce cores and mold for metal casting around the world. This, coupled with the increasing utilization of C4H3O-CHO in the pharmaceutical industry for the production of tetrahydrofurfuryl alcohol (THFA), is propelling the growth of the market. Apart from this, the rising demand for C4H3O-CHO derivatives for manufacturing fiberglass and aircraft and automobile components is offering a lucrative growth opportunity to industry players. Moreover, the increasing employment of C4H3O-CHO due to the rising environmental concern around the world, along with the growing need to reduce the dependence on petrochemicals, is positively influencing the market. Furthermore, the rising usage of C4H3O-CHO in the food and beverage (F&B) industry as a flavoring agent or adjuvant in various products is strengthening the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global furfural market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on process, raw material, application, and end-user.
Quaker Batch Process
Chinese Batch Process
Rosenlew Continuous Process
Others
The report has provided a detailed breakup and analysis of the furfural market based on the process. This includes quaker batch process, Chinese batch process, rosenlew continuous process, and others. According to the report, Chinese batch process represented the largest segment.
Corn Cobs
Rice Husk
Sugarcane Bagasse
Others
A detailed breakup and analysis of the furfural market based on the raw material has also been provided in the report. This includes corn cobs, rice husk, sugarcane bagasse, and others. According to the report, corn cobs accounted for the largest market share.
Furfuryl Alcohol
Solvent
Others
A detailed breakup and analysis of the furfural market based on the application has also been provided in the report. This includes furfuryl alcohol, solvent, and others. According to the report, furfuryl alcohol accounted for the largest market share.
Agriculture
Petroleum Refineries
Paints and Coatings
Pharmaceuticals
Others
A detailed breakup and analysis of the furfural market based on the end-user has also been provided in the report. This includes agriculture, petroleum refineries, paints and coatings, pharmaceuticals, and others. According to the report, petroleum refineries accounted for the largest market share.
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and Others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and Others); Latin America (Brazil, Mexico, and Others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for furfural. Some of the factors driving the Asia Pacific furfural market included the rising usage in agriculture, easy accessibility of raw materials, application in numerous industry verticals, etc.
The report has also provided a comprehensive analysis of the competitive landscape in the global furfural market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Behran Oil Company, Central Romana Corporation Ltd., Hongye Holding Group Corporation Limited, Illovo Sugar Ltd. (Associated British Foods plc), KRBL Limited, Lenzing Aktiengesellschaft, Linzi Organic Chemical Inc. Ltd., Pennakem LLC, Shandong Crownchem Industries Co. Ltd, Silvateam S.p.a., Tanin d.d., Sevnica, TransFurans Chemicals bvba, Xian Welldon Trading Co. Ltd, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.