フルフラール市場レポート：2031年までの動向、予測、競合分析

世界のフルフラール市場の将来は、農業、塗料・コーティング、飲食品、精製市場に機会があると考えられます。世界のフルフラール市場は、2025～2031年のCAGRが6.5%で、2031年までに推定10億5,000万米ドルに達すると予想されます。この市場の主要促進要因は、フルフリルアルコールの需要増加、セラミック複合材、ガラス繊維、レンガなど様々な耐火物製品におけるフルフラールの使用拡大、様々な国の農業プラクティスにおける殺虫剤と殺菌剤の利用拡大です。

• Lucintelの予測では、原料のカテゴリーでは、トウモロコシの穂軸は適応性があり、多様なバイオ燃料や化学製品の製造において原料として役立つだけでなく、フルフラール製造に最も望ましい原料であるため、予測期間中最も成長するセグメントであり続けます。
• 最終用途産業のカテゴリーでは、石油精製プロセス、特殊接着剤、潤滑油の溶剤として一般的に使用され、水素化によって2-メチルテトラヒドロフランと2-メチルフランに変換されるため、予測期間中、製油所が最も高い成長率を維持します。
• 地域別では、中国、インド、日本の経済圏における農業、飲食品、医薬品、製油所など様々な最終用途セクタの拡大に伴うフルフラールの大量生産により、アジア太平洋が予測期間中最も高い成長率を維持すると考えられます。

フルフラール市場の戦略的成長機会

フルフラール市場の戦略的成長機会は以下の通りです。

• 医薬品：フルフラールのユニークな化学的特性により、医薬品製造に利用価値があり、新しい医薬品や中間体開発の可能性を記載しています。
• 農薬：農薬や除草剤を含む農薬へのフルフラールの使用は、特に農業生産性の向上に伴い、成長の可能性をもたらします。
• バイオ燃料：フルフラールの再生可能性とエネルギー含有量は、バイオ燃料の添加剤として有望であり、環境的に許容されるフルフラールベースのバイオ燃料を生産する機会があります。
• 先端材料：石油化学とポリマー産業における持続可能性の利点から、フルフラールからのポリマーと樹脂の生産に成長の可能性があります。
• 再生可能な原料：フルフラール生産に農業残渣などのバイオマス原料を利用することは、持続可能性の目標に合致し、生産性の向上と環境フットプリントの削減の機会を記載しています。

これらの成長機会は、用途を拡大し、近代化を促進し、フルフラール市場における生態学的持続可能性プロセスに貢献します。

フルフラール市場の促進要因・課題

同時に、フルフラール市場には様々な促進要因・課題が存在する

フルフラール市場を牽引する要因は以下の通りです。

• 技術の進歩：技術の進歩：より優れた触媒やプロセスなどの新しい生産技術は、フルフラールの生産をより効率的で安価なものにします。このような開発は、収率を最大化しコストを下げることで市場の成長を促進します。
• 持続可能性への取り組み：持続可能性とグリーンケミストリーへの注目の高まりは、バイオベースの生物由来でエコフレンドリーフルフラールを推進する重要な要因です。この動向は、公害の影響を減らし、再生可能な資源を利用しようとする世界の取り組みと一致しています。
• 多様化する用途：医薬品、農薬、先端材料におけるフルフラールの使用の増加は、市場に新たな道をもたらしています。このような市場の多様化は、新しい用途やセグメントを通じて市場の成長に有益です。
• 原料としての農業残渣：フルフラール生産用の農業残渣のような原料は、持続可能性を促進すると同時に、廃棄物管理をより効率的にします。また、再生可能な資源を利用することで、フルフラール製造の経済的な実現可能性も高まります。
• 新興市場からの需要の増加：新興国、特にアジアにおける工業化と都市化のプロセスは、フルフラールの需要を増大させています。このような動向は、市場の拡大や生産能力への投資に希望に満ちた機会をもたらします。

フルフラール市場課題は以下の通りです。

• 高い生産コスト：フルフラール製造の複雑なプロセスと原料は価格に大きな影響を与えます。フルフラール製造のための複雑なプロセスと原料は価格に大きな影響を与える可能性があり、製造業者にとって、これらのコストをコントロールすると同時に、製品の品質を要求されるレベルに維持することが課題となっています。
• 規制の遵守：環境規制は多かれ少なかれ厳しくなっており、多くのメーカーは「よりクリーンな」生産方法と新技術の導入を余儀なくされています。法規制の遵守はコスト削減を促進し、技術的・方法論的な投資は終わることなく要求され続ける。
• 市場競争：フルフラール産業では競争が激しく、それが価格と収益性に影響を及ぼしています。事業継続のためには、革新性、品質、コスト管理の方法を変えて市場競合を高める必要があります。

生産プラクティス、市場力学、成長機会の面で特定のフルフラール市場を定義しているのは、こうした促進要因・課題です。産業の変化は、これらの課題に対応し、新たな展望から利益を得るための前向きなものです。

目次

第1章 エグゼクティブサマリー

第2章 世界のフルフラール市場：市場力学

• イントロダクション、背景、分類
• サプライチェーン
• 産業の促進要因と課題

第3章 2019～2031年までの市場動向と予測分析

• マクロ経済動向（2019～2024年）と予測（2025～2031年）
• 世界のフルフラール市場の動向（2019～2024年）と予測（2025～2031年）
• 原料による世界のフルフラール市場
  • トウモロコシの芯
  • サトウキビバガス
  • サンフラワーハル
  • 籾殻
  • その他
• 用途による世界のフルフラール市場
  • フルフリルアルコール
  • 溶媒
  • 中間体
  • その他
• 最終用途産業による世界のフルフラール市場
  • 農業
  • 塗料とコーティング
  • 医薬品
  • 飲食品
  • 製油所
  • その他

第4章 2019～2031年までの地域別市場動向と予測分析

• 地域のフルフラール市場
• 北米のフルフラール市場
• 欧州のフルフラール市場
• アジア太平洋のフルフラール市場
• その他地域のフルフラール市場

第5章 競合分析

• 製品ポートフォリオ分析
• 運用統合
• ポーターのファイブフォース分析

第6章 成長機会と戦略分析

• 成長機会分析
  • 原料による世界のフルフラール市場の成長機会
  • 用途による世界のフルフラール市場の成長機会
  • 最終用途産業による世界のフルフラール市場の成長機会
  • 地域のフルフラール市場の成長機会
• 世界のフルフラール市場の新たな動向
• 戦略分析
  • 新製品開発
  • 世界のフルフラール市場の生産能力拡大
  • 世界のフルフラール市場における合併、買収、合弁事業
  • 認証とライセンシング

第7章 主要企業の企業プロファイル

• Illovo Group
• Linzi Organic Chemical
• Trans Furans Chemicals bvba
• Central Romana Corporation
• DalinYebo
• Hebeichem
• KRBL

The future of the global furfural market looks promising with opportunities in the agriculture, paints & coating, pharmaceutical, food & beverage, and refinery markets. The global furfural market is expected to reach an estimated $1050 million by 2031 with a CAGR of 6.5% from 2025 to 2031. The major drivers for this market are increasing demand for furfuryl alcohol, expanding usage of furfural in various refractory products such as ceramic composites, fiberglass, and bricks, and heightened utilization of pesticides and fungicides in agricultural practices across various nations.

• Lucintel forecasts that, within the raw material category, corn cobs will remain the highest growing segment over the forecast period because of their adaptability and it helps in playing as a feedstock in the manufacturing of diverse biofuels and chemical products, as well as, it is the most desirable raw material for furfural production.
• Within the end use industry category, refineries will remain the highest growing segment over the forecast period because it is commonly employed as a solvent in the petroleum refining process, specialized adhesives, and lubricants, and through hydrogenation and it can also be converted into 2-methyl tetrahydrofuran and 2-methyl furan, both of which find application as gasoline additives.
• In terms of regions, APAC will remain the highest growing region over the forecast period due to significant furfural production, accompanied by expansion in various end-use sectors, such as agriculture, food and beverages, pharmaceuticals, and refineries within the economies of China, India, and Japan.

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Emerging Trends in the Furfural Market

The furfural market is driven by various emerging trends:

• Sustainability and Green Chemistry: There is a remarkable shift towards using furfural in sustainable and green chemistry. It is increasingly applied as a bio solvent and a matrix for environmentally friendly chemicals in biorefineries, contributing to global sustainability goals.
• Technological Innovations: Advances in production technologies, including improved catalysts and process designs, are enhancing the efficiency and economics of furfural production. These innovations are lowering costs and expanding production capabilities.
• Expansion in Applications: New applications for furfural are being discovered beyond traditional uses in pharmaceuticals and agrochemicals. This broadening of applications is creating new opportunities within the market.
• Increased Use of Agricultural Residues: There is a growing recognition of the potential for agricultural residues to be used in furfural production, reducing waste and aligning with sustainable and circular economy practices.
• Growth in Biofuels: Furfural is gaining attention as a potential biofuel supplement due to its high calorific value and renewability. This shift is driven by the demand for cleaner and more sustainable fuel alternatives.
• Regulatory Changes: The furfural market is impacted by stringent environmental policies that compel manufacturers to adopt cleaner and more efficient production methods, shaping competitive dynamics in the industry.
• Rising Demand in Emerging Markets: Fast-growing economies in Asia are exhibiting above-average consumption of furfural due to industrialization and urbanization, enabling producers to expand their market portfolios.

These trends are reframing the furfural market, fostering innovation, broadening applications, and enhancing sustainability efforts.

Recent Developments in the Furfural Market

Recent developments in the furfural market reflect ongoing advancements and shifts:

• Advanced Production Technologies: Innovations in catalytic processes are enhancing furfural output and reducing production costs, making furfural more accessible and economical.
• Increased Focus on Sustainability: There is a trend towards sourcing furfural from raw plant materials, aligning with global sustainability initiatives and minimizing ecological impact.
• Expansion into New Applications: Furfural is being integrated into the production of medicines and advanced materials, driven by its unique properties and potential benefits across various industries.
• Growth in Agricultural Residue Utilization: Initiatives are emerging to use agricultural waste as feedstock for furfural production, promoting sustainability and reducing reliance on fossil fuels.
• Technological Improvements in Catalysts: Advances in catalyst development are improving furfural production efficiency, leading to higher outputs and lower costs.
• Regulatory Compliance and Adaptation: The furfural industry is adapting to stricter environmental laws by implementing more eco-friendly manufacturing processes, ensuring competitiveness in the market.
• Emerging Market Demand: Furfural is increasingly being utilized in new markets, particularly in Asia, prompting companies to expand production facilities and distribution channels to meet growing demand.

These developments enhance production efficiency, widen application ranges, and align with sustainability and compliance requirements.

Strategic Growth Opportunities for Furfural Market

Strategic growth opportunities in the furfural market include:

• Pharmaceuticals: Furfural's unique chemical properties make it valuable in drug production, offering the potential for developing new pharmaceuticals and intermediates.
• Agrochemicals: The use of furfural in agrochemicals, including pesticides and herbicides, presents growth potential, especially as agricultural productivity increases.
• Biofuels: Furfural's renewability and energy content make it a promising additive in biofuels, with opportunities for producing environmentally acceptable, furfural-based biofuels.
• Advanced Materials: Growth avenues exist in the production of polymers and resins from furfural, benefiting from sustainability advantages in the petrochemical and polymer industries.
• Renewable Feedstocks: Utilizing biomass feedstocks, such as agricultural residues, for furfural production aligns with sustainability goals, offering opportunities for improved productivity and reduced environmental footprints.

These growth opportunities broaden applications, facilitate modernization, and contribute to ecological sustainability processes within the furfural market.

Furfural Market Driver and Challenges

At the same time, within the furfural market, there are various drivers and challenges:

The factors responsible for driving the furfural market include:

• Technological Advancements: New technologies for production, such as better catalysts and processes, make furfural production more efficient and cheaper. Such developments enhance market growth by maximizing yield and lowering costs.
• Sustainability Initiatives: Increasing focus on sustainability and green chemistry is a key factor propelling bio-based bio-sourced and eco-friendly furfurals. This trend is in line with the global efforts to decrease the effects of pollution and use renewable resources.
• Diversified Applications: This increased use of furfural in pharmaceuticals, agrochemicals, and advanced materials is providing new avenues of the market. This diversification is beneficial for market growth through new applications and sectors.
• Agricultural Residues as Feedstock: Raw materials like agricultural residues for furfural production encourage sustainability while also making waste management more efficient. This also increases the economic feasibility of creating furfural by using renewable resources.
• Increase in Demand from Emerging Markets: The process of industrialization and urbanization in emerging economies especially in Asia has increased the demand for furfural. Such a trend brings forth hopeful opportunities for expansion of the market and investment in the production capacity.

Challenges in the furfural market are:

• High Production Costs: The complex processes and the raw materials for furfural production can have a significant impact on the price. It is a challenge for the manufacturers to control these costs while at the same time keeping the product quality at a required level.
• Regulatory Compliance: The environmental regulations have become more or less stringent which forces many manufacturers to implement "cleaner" methods of production and new technologies. Compliance facilitates costs and does not end but continues to demand technological and methodological investments.
• Market Competition: In the furfural industry, competition is quite high and it influences price and profitability. For them to stay in business, they need to alter the methods of innovativeness, quality, and cost management to be competitive in the market.

It is these drivers and the challenges that are defining the specific furfural markets in terms of production practices, market dynamics, and growth opportunities. The changes in the industry are forward-looking to meet these challenges and benefits from the emerging prospects.

List of Furfural Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies furfural companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the furfural companies profiled in this report include-

• Illovo Group
• Linzi Organic Chemical
• Trans Furans Chemicals bvba
• Central Romana Corporation
• DalinYebo
• Hebeichem
• KRBL

Furfural by Segment

The study includes a forecast for the global furfural market by raw material, application, end use industry, and region.

Furfural Market by Raw Material [Analysis by Value from 2019 to 2031]:

• Corn Cobs
• Sugarcane Bagasse
• Sunflower Hull
• Rice Husk
• Others

Furfural Market by Application [Analysis by Value from 2019 to 2031]:

• Furfuryl Alcohol
• Solvent
• Intermediate
• Others

Furfural Market by End Use Industry [Analysis by Value from 2019 to 2031]:

• Agriculture
• Paints & Coatings
• Pharmaceuticals
• Food & Beverage
• Refineries
• Others

Furfural Market by Region [Analysis by Value from 2019 to 2031]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Furfural Market

The furfural market is evolving due to advancements in production technology, increased applications, and changing global demands. Recent developments in key regions include:

• United States: The U.S. furfural market is gradually integrating new technologies, particularly catalytic processes, to enhance yield and reduce costs. There is also a renewed focus on furfural's role as a bio-solvent and in the biofuel sector.
• China: China remains a leading furfural producer, emphasizing output enhancement and streamlining production processes. The strategy focuses on utilizing agricultural residues, and addressing biomass utilization challenges.
• Germany: Germany is advancing furfural applications in green chemistry, with recent developments in producing polymeric and resin materials from furfural gaining traction in the automotive and construction sectors.
• India: India is increasingly focused on improving production technology and infrastructure for furfural, with an emphasis on meeting domestic market needs, particularly in pharmaceuticals and agrochemicals.
• Japan: Japan has demonstrated furfural's utility in drug formulation and device applications, with ongoing enhancements in catalysts and processes aimed at improving efficiency and reducing environmental impacts.

Features of the Global Furfural Market

Market Size Estimates: Furfural market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: Furfural market size by raw material, application, end use industry, and region in terms of value ($B).

Regional Analysis: Furfural market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different raw materials, applications, end use industries, and regions for the furfural market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the furfural market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

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This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the furfural market by raw material (corn cobs, sugarcane bagasse, sunflower hull, rice husk, and others), application (furfuryl alcohol, solvent, intermediate, and others), end use industry (agriculture, paints & coatings, pharmaceuticals, food & beverage, refineries, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Furfural Market : Market Dynamics

• 2.1: Introduction, Background, and Classifications
• 2.2: Supply Chain
• 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2019 to 2031

• 3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
• 3.2. Global Furfural Market Trends (2019-2024) and Forecast (2025-2031)
• 3.3: Global Furfural Market by Raw Material
  • 3.3.1: Corn Cobs
  • 3.3.2: Sugarcane Bagasse
  • 3.3.3: Sunflower Hull
  • 3.3.4: Rice Husk
  • 3.3.5: Others
• 3.4: Global Furfural Market by Application
  • 3.4.1: Furfuryl Alcohol
  • 3.4.2: Solvent
  • 3.4.3: Intermediate
  • 3.4.4: Others
• 3.5: Global Furfural Market by End Use Industry
  • 3.5.1: Agriculture
  • 3.5.2: Paints & Coatings
  • 3.5.3: Pharmaceuticals
  • 3.5.4: Food & Beverage
  • 3.5.5: Refineries
  • 3.5.6: Others

4. Market Trends and Forecast Analysis by Region from 2019 to 2031

• 4.1: Global Furfural Market by Region
• 4.2: North American Furfural Market
  • 4.2.1: North American Furfural Market by Raw Material: Corn Cobs, Sugarcane Bagasse, Sunflower Hull, Rice Husk, and Others
  • 4.2.2: North American Furfural Market by End Use Industry: Agriculture, Paints & Coatings, Pharmaceuticals, Food & Beverages, Refineries, and Others
• 4.3: European Furfural Market
  • 4.3.1: European Furfural Market by Raw Material: Corn Cobs, Sugarcane Bagasse, Sunflower Hull, Rice Husk, and Others
  • 4.3.2: European Furfural Market by End Use Industry: Agriculture, Paints & Coatings, Pharmaceuticals, Food & Beverages, Refineries, and Others
• 4.4: APAC Furfural Market
  • 4.4.1: APAC Furfural Market by Raw Material: Corn Cobs, Sugarcane Bagasse, Sunflower Hull, Rice Husk, and Others
  • 4.4.2: APAC Furfural Market by End Use Industry: Agriculture, Paints & Coatings, Pharmaceuticals, Food & Beverages, Refineries, and Others
• 4.5: ROW Furfural Market
  • 4.5.1: ROW Furfural Market by Raw Material: Corn Cobs, Sugarcane Bagasse, Sunflower Hull, Rice Husk, and Others
  • 4.5.2: ROW Furfural Market by End Use Industry: Agriculture, Paints & Coatings, Pharmaceuticals, Food & Beverage, Refineries, and Others

5. Competitor Analysis

• 5.1: Product Portfolio Analysis
• 5.2: Operational Integration
• 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

• 6.1: Growth Opportunity Analysis
  • 6.1.1: Growth Opportunities for the Global Furfural Market by Raw Material
  • 6.1.2: Growth Opportunities for the Global Furfural Market by Application
  • 6.1.3: Growth Opportunities for the Global Furfural Market by End Use Industry
  • 6.1.4: Growth Opportunities for the Global Furfural Market by Region
• 6.2: Emerging Trends in the Global Furfural Market
• 6.3: Strategic Analysis
  • 6.3.1: New Product Development
  • 6.3.2: Capacity Expansion of the Global Furfural Market
  • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Furfural Market
  • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

• 7.1: Illovo Group
• 7.2: Linzi Organic Chemical
• 7.3: Trans Furans Chemicals bvba
• 7.4: Central Romana Corporation
• 7.5: DalinYebo
• 7.6: Hebeichem
• 7.7: KRBL