MRRSE has added a new research report on the "Furfural Derivatives Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2016 - 2024" to its collection.

1. Furfural Derivatives Market 2016 Comprehensive Analysis,
Industry Survey, Growth and Major Policies Report
Furfural Derivatives Market: Snapshot
The furfural derivatives market is not yet fully
commercialized and as result, players are likely to find
several opportunities to capitalize on in the coming years.

2. The increased demand for products made from renewable and
biodegradable sources as well as the growing consumption of
furfural derivatives in the food industry have led to a
significant demand for the same. The global furfural
derivatives markets stood at 947.58 kilo tons in 2016 and is
expected to expand at a CAGR of 2.69% to reach 1,172.17
kilo tons by 2024.
Read Complete Report @ http://www.mrrse.com/furfural-
derivatives-market
Transparency Market Research finds that the declining cost of
furfural derivatives is likely to facilitate their penetration in

3. various application industries such as pharmaceuticals,
chemical intermediaries, and plastics.
Growing Applications of FDCA Make it Highly Lucrative
Product Segment
The furfural derivatives market has been segmented on the
basis of product type into furoic acid, tetrahydrofurfuryl
alcohol (THFA), 2,5- furandicarboxylic acid (FDCA), and
others. The others segment, which includes tetrahydrofuran
(THF), methyl tetrahydrofuran (MeTHF) and poly
tetrahydrofuran (Poly THF), is one of the highly attractive
product types. These, when combined together, have a
variety of applications and therefore hold a larger share in

4. the total market revenue. The segment accounted for a share
of over 48.64% in terms of revenue in 2015.
Request For Sample Copy Of Report @ https://goo.gl/YplIJz
In terms of CAGR, the FDCA segment of the furfural
derivatives market is extremely lucrative and is expected to
register a 2.85% CAGR from 2016 to 2024. The least revenue
is generated by the furoic acid segment. Furoic acid is used
as an intermediate chemical for the production of furyl
chloride, which is used to make agriculture insecticide or
pesticide formulations.

5. Asia Pacific Emerges as Leading Consumer and Producer of
Furfuryl Alcohol
On the basis of geography, the global furfural derivatives
market is segmented into North America, Europe, Asia
Pacific, the Middle East and Africa (MEA), and South and
Central America.
Inquiry for Check discount @
http://www.mrrse.com/checkdiscount/2118
Asia Pacific is the chief producer and consumer of furfuryl
alcohol and, as a result, held the leading share in the global
furfural derivatives market in 2015. China and India are the

6. dominant consumer markets for furfuryl alcohol. The growth
of various end-use industries, including chemicals,
agriculture, pharmaceuticals, paints and coatings, and resins,
is driving the furfural derivatives market in Asia Pacific.
Technological advancements have improved production
processes, which has been instrumental in creating innovative
products from renewable agricultural biomass. This has had a
major impact on the growth of the furfural derivatives in
Asia Pacific. The region is projected to expand at a CAGR of
2.93% from 2016 to 2024.
Europe also holds a remarkable share in the global furfural
derivatives market and follows Asia Pacific in terms of
consumption. The increased number of application areas of

7. furfural alcohol and products of furfural derivatives primarily
drives the Europe market. The market for furfuryl alcohol in
North America is expected to decline during the forecast
period owing to the presence of various substitutes.
About MRRSE
MRRSE stands for Market Research Reports Search Engine,
the largest online catalog of latest market research reports
based on industries, companies, and countries. MRRSE
sources thousands of industry reports, market statistics, and
company profiles from trusted entities and makes them
available at a click. Besides well-known private publishers,
the reports featured on MRRSE typically come from national

8. statistics agencies, investment agencies, leading media houses,
trade unions, governments, and embassies.
Contact US:
Corporate Office
State Tower
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-730-0559

9. Email: sales@mrrse.com