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The latest Transparent Conductive Films Market analysis and research report talks about major applications of TRANSPARENT CONDUCTIVE FILMS MARKET, growth of these segments as well as offers insights into companies active in this industry and their information.
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Furfural Market Price, Packaging Trends, Industry Outlook & Forecast 2017-2024
Global Market Scenario of Furfural Industry • Furfural (C5H4O2) is a chemical compound which is manufactured from the hemicellulose portion of agriculture remains. It is transparent, colourless or slightly yellowish coloured liquid. Its exceptional property to dissolve unsaturated olefins and aromatics makes it appropriate for refining lubricating oils. Also, it is used to manufacture wetting agents, foundry resins and adhesives attributed to high reactivity & low viscosity and superb thermal, mechanical and chemical properties. • Furfural market is used in various industries which include intermediaries, pharmaceuticals, solvents and furfural alcohol. Some other applications of the product market are herbicides, insecticides, pesticides and flavours & fragrances. Among this, furfuryl alcohol dominates the application segment due to its growing use as a binder in foundry industry as it offers superior binding properties and mechanical strength which are most needed in sand molds and cores of foundries. • Furfural Market size has witnessed significant growth due to up surge in demand for renewable sources which has increased the demand for bio-based chemicals among manufacturers.
Continue… • The product is used in many end-use industries into pharmaceuticals, paints & coatings, agricultural formulations and petroleum refineries. Amongst, pharmaceutical and agriculture sector is expected to drive the product demand owing to its wide range of furan based solvents and chemicals. • Reasons to Buy This Report: • 1. Furfural Market size & share forecast by product & application, 2017-2024 • 2. Growth drivers, pitfalls & industry challenges • 3. Key Furfural Market growth opportunities & emerging business models • 4. Competitive benchmarking with market share analysis and company profiles • North America furfural market will foresee significant growth owing to increasing pharmaceutical sector in the region will raise the demand of the product market. Moreover, high number of food & beverage industry in the region has accelerated the demand for flavourings. Latin America product market is rapidly changing due to industrialization which has raised the demand for various metals, in turn, flourishing the market size. • Asia Pacific, dominated by China is the fastest growing region for furfural market due to up surging demand for furan resins and easy availability of raw materials. Surging growth in grinding & abrasive wheels, refinery and pharmaceutical resins in India will enhance the industry size in the region.
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