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Global Furfural Solvent Market Research Report 2025
Synopsis
Furfural is an aldehyde of furan and is a yellow oily liquid in pure form, but tends to turn brown upon prolonged exposure to air and moisture. Furfural is used as a selective solvent for refining lubricating oils and rosin, and to improve the characteristics of diesel fuel and catalytic cracker recycle stocks.
The global Furfural Solvent market was valued at US$ 49 million in 2023 and is anticipated to reach US$ 65 million by 2030, witnessing a CAGR of 4.2% during the forecast period 2024-2030.
North American market for Furfural Solvent is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Furfural Solvent is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Furfural Solvent include Transfurans Chemicals, Illovo Sugar, Teijing North Furfural, Goodrich Sugar & Chemical, Alchem Chemical, Linzi Organic Chemical, Xing Tai Chunlei Furfural Alcohol, Penn Specialty Chemicals and BASF, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Furfural Solvent, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Furfural Solvent.
Report Scope
The Furfural Solvent market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Furfural Solvent market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Furfural Solvent manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Transfurans Chemicals
Illovo Sugar
Teijing North Furfural
Goodrich Sugar & Chemical
Alchem Chemical
Linzi Organic Chemical
Xing Tai Chunlei Furfural Alcohol
Penn Specialty Chemicals
BASF
The Good Scents
Furfural Espanol
Segment by Type
Furfuryl Alcohol
Solvents
Pharmaceuticals
Chemical Intermediates
Segment by Application
Petroleum Refining
Agricultural Formulations
Paints & Coatings
Pharmaceuticals
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Furfural Solvent manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Furfural Solvent by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Furfural Solvent in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Furfural is an aldehyde of furan and is a yellow oily liquid in pure form, but tends to turn brown upon prolonged exposure to air and moisture. Furfural is used as a selective solvent for refining lubricating oils and rosin, and to improve the characteristics of diesel fuel and catalytic cracker recycle stocks.
The global Furfural Solvent market was valued at US$ 49 million in 2023 and is anticipated to reach US$ 65 million by 2030, witnessing a CAGR of 4.2% during the forecast period 2024-2030.
North American market for Furfural Solvent is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Furfural Solvent is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Furfural Solvent include Transfurans Chemicals, Illovo Sugar, Teijing North Furfural, Goodrich Sugar & Chemical, Alchem Chemical, Linzi Organic Chemical, Xing Tai Chunlei Furfural Alcohol, Penn Specialty Chemicals and BASF, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Furfural Solvent, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Furfural Solvent.
Report Scope
The Furfural Solvent market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Furfural Solvent market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Furfural Solvent manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Transfurans Chemicals
Illovo Sugar
Teijing North Furfural
Goodrich Sugar & Chemical
Alchem Chemical
Linzi Organic Chemical
Xing Tai Chunlei Furfural Alcohol
Penn Specialty Chemicals
BASF
The Good Scents
Furfural Espanol
Segment by Type
Furfuryl Alcohol
Solvents
Pharmaceuticals
Chemical Intermediates
Segment by Application
Petroleum Refining
Agricultural Formulations
Paints & Coatings
Pharmaceuticals
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Furfural Solvent manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Furfural Solvent by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Furfural Solvent in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Furfural Solvent Market Overview
1.1 Product Definition
1.2 Furfural Solvent Segment by Type
1.2.1 Global Furfural Solvent Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Furfuryl Alcohol
1.2.3 Solvents
1.2.4 Pharmaceuticals
1.2.5 Chemical Intermediates
1.3 Furfural Solvent Segment by Application
1.3.1 Global Furfural Solvent Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Petroleum Refining
1.3.3 Agricultural Formulations
1.3.4 Paints & Coatings
1.3.5 Pharmaceuticals
1.4 Global Market Growth Prospects
1.4.1 Global Furfural Solvent Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Furfural Solvent Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Furfural Solvent Production Estimates and Forecasts (2019-2030)
1.4.4 Global Furfural Solvent Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Furfural Solvent Production Market Share by Manufacturers (2019-2024)
2.2 Global Furfural Solvent Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Furfural Solvent, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Furfural Solvent Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Furfural Solvent Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Furfural Solvent, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Furfural Solvent, Product Offered and Application
2.8 Global Key Manufacturers of Furfural Solvent, Date of Enter into This Industry
2.9 Furfural Solvent Market Competitive Situation and Trends
2.9.1 Furfural Solvent Market Concentration Rate
2.9.2 Global 5 and 10 Largest Furfural Solvent Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Furfural Solvent Production by Region
3.1 Global Furfural Solvent Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Furfural Solvent Production Value by Region (2019-2030)
3.2.1 Global Furfural Solvent Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Furfural Solvent by Region (2025-2030)
3.3 Global Furfural Solvent Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Furfural Solvent Production by Region (2019-2030)
3.4.1 Global Furfural Solvent Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Furfural Solvent by Region (2025-2030)
3.5 Global Furfural Solvent Market Price Analysis by Region (2019-2024)
3.6 Global Furfural Solvent Production and Value, Year-over-Year Growth
3.6.1 North America Furfural Solvent Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Furfural Solvent Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Furfural Solvent Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Furfural Solvent Production Value Estimates and Forecasts (2019-2030)
4 Furfural Solvent Consumption by Region
4.1 Global Furfural Solvent Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Furfural Solvent Consumption by Region (2019-2030)
4.2.1 Global Furfural Solvent Consumption by Region (2019-2024)
4.2.2 Global Furfural Solvent Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Furfural Solvent Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Furfural Solvent Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Furfural Solvent Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Furfural Solvent Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Furfural Solvent Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Furfural Solvent Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Furfural Solvent Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Furfural Solvent Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Furfural Solvent Production by Type (2019-2030)
5.1.1 Global Furfural Solvent Production by Type (2019-2024)
5.1.2 Global Furfural Solvent Production by Type (2025-2030)
5.1.3 Global Furfural Solvent Production Market Share by Type (2019-2030)
5.2 Global Furfural Solvent Production Value by Type (2019-2030)
5.2.1 Global Furfural Solvent Production Value by Type (2019-2024)
5.2.2 Global Furfural Solvent Production Value by Type (2025-2030)
5.2.3 Global Furfural Solvent Production Value Market Share by Type (2019-2030)
5.3 Global Furfural Solvent Price by Type (2019-2030)
6 Segment by Application
6.1 Global Furfural Solvent Production by Application (2019-2030)
6.1.1 Global Furfural Solvent Production by Application (2019-2024)
6.1.2 Global Furfural Solvent Production by Application (2025-2030)
6.1.3 Global Furfural Solvent Production Market Share by Application (2019-2030)
6.2 Global Furfural Solvent Production Value by Application (2019-2030)
6.2.1 Global Furfural Solvent Production Value by Application (2019-2024)
6.2.2 Global Furfural Solvent Production Value by Application (2025-2030)
6.2.3 Global Furfural Solvent Production Value Market Share by Application (2019-2030)
6.3 Global Furfural Solvent Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Transfurans Chemicals
7.1.1 Transfurans Chemicals Furfural Solvent Corporation Information
7.1.2 Transfurans Chemicals Furfural Solvent Product Portfolio
7.1.3 Transfurans Chemicals Furfural Solvent Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Transfurans Chemicals Main Business and Markets Served
7.1.5 Transfurans Chemicals Recent Developments/Updates
7.2 Illovo Sugar
7.2.1 Illovo Sugar Furfural Solvent Corporation Information
7.2.2 Illovo Sugar Furfural Solvent Product Portfolio
7.2.3 Illovo Sugar Furfural Solvent Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Illovo Sugar Main Business and Markets Served
7.2.5 Illovo Sugar Recent Developments/Updates
7.3 Teijing North Furfural
7.3.1 Teijing North Furfural Furfural Solvent Corporation Information
7.3.2 Teijing North Furfural Furfural Solvent Product Portfolio
7.3.3 Teijing North Furfural Furfural Solvent Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Teijing North Furfural Main Business and Markets Served
7.3.5 Teijing North Furfural Recent Developments/Updates
7.4 Goodrich Sugar & Chemical
7.4.1 Goodrich Sugar & Chemical Furfural Solvent Corporation Information
7.4.2 Goodrich Sugar & Chemical Furfural Solvent Product Portfolio
7.4.3 Goodrich Sugar & Chemical Furfural Solvent Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Goodrich Sugar & Chemical Main Business and Markets Served
7.4.5 Goodrich Sugar & Chemical Recent Developments/Updates
7.5 Alchem Chemical
7.5.1 Alchem Chemical Furfural Solvent Corporation Information
7.5.2 Alchem Chemical Furfural Solvent Product Portfolio
7.5.3 Alchem Chemical Furfural Solvent Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Alchem Chemical Main Business and Markets Served
7.5.5 Alchem Chemical Recent Developments/Updates
7.6 Linzi Organic Chemical
7.6.1 Linzi Organic Chemical Furfural Solvent Corporation Information
7.6.2 Linzi Organic Chemical Furfural Solvent Product Portfolio
7.6.3 Linzi Organic Chemical Furfural Solvent Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Linzi Organic Chemical Main Business and Markets Served
7.6.5 Linzi Organic Chemical Recent Developments/Updates
7.7 Xing Tai Chunlei Furfural Alcohol
7.7.1 Xing Tai Chunlei Furfural Alcohol Furfural Solvent Corporation Information
7.7.2 Xing Tai Chunlei Furfural Alcohol Furfural Solvent Product Portfolio
7.7.3 Xing Tai Chunlei Furfural Alcohol Furfural Solvent Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Xing Tai Chunlei Furfural Alcohol Main Business and Markets Served
7.7.5 Xing Tai Chunlei Furfural Alcohol Recent Developments/Updates
7.8 Penn Specialty Chemicals
7.8.1 Penn Specialty Chemicals Furfural Solvent Corporation Information
7.8.2 Penn Specialty Chemicals Furfural Solvent Product Portfolio
7.8.3 Penn Specialty Chemicals Furfural Solvent Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Penn Specialty Chemicals Main Business and Markets Served
7.7.5 Penn Specialty Chemicals Recent Developments/Updates
7.9 BASF
7.9.1 BASF Furfural Solvent Corporation Information
7.9.2 BASF Furfural Solvent Product Portfolio
7.9.3 BASF Furfural Solvent Production, Value, Price and Gross Margin (2019-2024)
7.9.4 BASF Main Business and Markets Served
7.9.5 BASF Recent Developments/Updates
7.10 The Good Scents
7.10.1 The Good Scents Furfural Solvent Corporation Information
7.10.2 The Good Scents Furfural Solvent Product Portfolio
7.10.3 The Good Scents Furfural Solvent Production, Value, Price and Gross Margin (2019-2024)
7.10.4 The Good Scents Main Business and Markets Served
7.10.5 The Good Scents Recent Developments/Updates
7.11 Furfural Espanol
7.11.1 Furfural Espanol Furfural Solvent Corporation Information
7.11.2 Furfural Espanol Furfural Solvent Product Portfolio
7.11.3 Furfural Espanol Furfural Solvent Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Furfural Espanol Main Business and Markets Served
7.11.5 Furfural Espanol Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Furfural Solvent Industry Chain Analysis
8.2 Furfural Solvent Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Furfural Solvent Production Mode & Process
8.4 Furfural Solvent Sales and Marketing
8.4.1 Furfural Solvent Sales Channels
8.4.2 Furfural Solvent Distributors
8.5 Furfural Solvent Customers
9 Furfural Solvent Market Dynamics
9.1 Furfural Solvent Industry Trends
9.2 Furfural Solvent Market Drivers
9.3 Furfural Solvent Market Challenges
9.4 Furfural Solvent Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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