This XploreMR study offers a ten-year analysis and forecast of the global furfuryl alcohol market for the period between 2018 and 2028. The study - furfuryl alcohol considers 2017 as the base year with market values estimated for the year 2018 and a forecast developed for the duration of 2018 to 2028. Compound Average Growth Rate (CAGR) for both value and volume is represented from 2018 to 2028. Furfuryl alcohol market study covers various perspectives of the market, including market dynamics, value chain, pricing analysis, competition analysis, regional, and segmental growth comparison and macro-economic and industry growth analysis, along with furfuryl alcohol market segment level projections in a comprehensive manner. As per the findings of the furfuryl alcohol market study and perspectives of industry participants, the global furfuryl alcohol market is projected to grow at a CAGR of 6.0% between 2018 and 2028 in terms of value. Increase in furfural production, growing foundry industry, positive growth in the automotive industry, and environmental concerns are some of the factors fuelling the growth of the furfuryl alcohol market.
The XploreMR report on furfuryl alcohol carefully analyses the market at a global and regional level through market segmentation on the basis of key parameters, such as application and source type. The primary objective of the report is to offer key insights on market updates, competition positioning, current trends, market potential, growth rates and other relevant information and statistics in a suitable manner to the readers or various stakeholders of the market.
Furfuryl alcohol (C4H3OCH2OH), also called 2-furylmethanol or 2-furancarbinol, is an organic compound containing a furan substituted with a hydroxymethyl group. Furfuryl alcohol is made from furfural by means of catalysis with hydrogen. It is colourless or pale yellow in appearance and used in the manufacture of furan resins and as a wetting agent and solvent for coating resins, nitrocellulose, cellulose acetate, and other soluble dyes.
Furfuryl Alcohol Market: Global Industry Analysis (2013-2017) and Opportunity Assessment (2018-2028)Buy Now
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