The global Furfural market size was valued at US$ 930 million in 2024 and is forecast to a readjusted size of USD 1230 million by 2031 with a CAGR of 4.1% during review period.
Furfural is an aldehyde that is furan with the hydrogen at position 2 substituted by a formyl group. It has a role as a Maillard reaction product and a metabolite. It is a member of furans and an aldehyde.
China is the largest furfural market with about 77% market share. North America is follower, accounting for about 10% market share.The key manufacturers are Hongye Chemical, Lenzing, Penn A Kem,etc. Top 3 companies occupied about 18% market share.In terms of product,purity 98.5% is the largest segment, with a share over 68%. And in terms of application, the largest application is furfural alcohol, followed by solvent.
This report is a detailed and comprehensive analysis for global Furfural market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Purity and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Furfural market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Furfural market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Furfural market size and forecasts, by Purity and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Furfural market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Furfural
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Furfural market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hongye Chemical, Lenzing, Penn A Kem, Central Romana, Illovo Sugar, Hebei Xingtai Chunlei, Silvateam, Shijiazhuang Guangxin Weiye, Zhucheng Taisheng Chemical, Zibo Huaao Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Furfural market is split by Purity and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Purity, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Purity
Purity 99%
Purity 98.5%
Others
Market segment by Application
Furfural Alcohol
Solvent
Others
Major players covered
Hongye Chemical
Lenzing
Penn A Kem
Central Romana
Illovo Sugar
Hebei Xingtai Chunlei
Silvateam
Shijiazhuang Guangxin Weiye
Zhucheng Taisheng Chemical
Zibo Huaao Chemical
Henan Huilong Chemical
Pingquan Fengsheng Chemical
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Furfural product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Furfural, with price, sales quantity, revenue, and global market share of Furfural from 2020 to 2025.
Chapter 3, the Furfural competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Furfural breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Purity and by Application, with sales market share and growth rate by Purity, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Furfural market forecast, by regions, by Purity, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Furfural.
Chapter 14 and 15, to describe Furfural sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Purity
1.3.1 Overview: Global Furfural Consumption Value by Purity: 2020 Versus 2024 Versus 2031
1.3.2 Purity 99%
1.3.3 Purity 98.5%
1.3.4 Others
1.4 Market Analysis by Application
1.4.1 Overview: Global Furfural Consumption Value by Application: 2020 Versus 2024 Versus 2031
1.4.2 Furfural Alcohol
1.4.3 Solvent
1.4.4 Others
1.5 Global Furfural Market Size & Forecast
1.5.1 Global Furfural Consumption Value (2020 & 2024 & 2031)
1.5.2 Global Furfural Sales Quantity (2020-2031)
1.5.3 Global Furfural Average Price (2020-2031)
2 Manufacturers Profiles
2.1 Hongye Chemical
2.1.1 Hongye Chemical Details
2.1.2 Hongye Chemical Major Business
2.1.3 Hongye Chemical Furfural Product and Services
2.1.4 Hongye Chemical Furfural Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 Hongye Chemical Recent Developments/Updates
2.2 Lenzing
2.2.1 Lenzing Details
2.2.2 Lenzing Major Business
2.2.3 Lenzing Furfural Product and Services
2.2.4 Lenzing Furfural Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 Lenzing Recent Developments/Updates
2.3 Penn A Kem
2.3.1 Penn A Kem Details
2.3.2 Penn A Kem Major Business
2.3.3 Penn A Kem Furfural Product and Services
2.3.4 Penn A Kem Furfural Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 Penn A Kem Recent Developments/Updates
2.4 Central Romana
2.4.1 Central Romana Details
2.4.2 Central Romana Major Business
2.4.3 Central Romana Furfural Product and Services
2.4.4 Central Romana Furfural Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 Central Romana Recent Developments/Updates
2.5 Illovo Sugar
2.5.1 Illovo Sugar Details
2.5.2 Illovo Sugar Major Business
2.5.3 Illovo Sugar Furfural Product and Services
2.5.4 Illovo Sugar Furfural Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 Illovo Sugar Recent Developments/Updates
2.6 Hebei Xingtai Chunlei
2.6.1 Hebei Xingtai Chunlei Details
2.6.2 Hebei Xingtai Chunlei Major Business
2.6.3 Hebei Xingtai Chunlei Furfural Product and Services
2.6.4 Hebei Xingtai Chunlei Furfural Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 Hebei Xingtai Chunlei Recent Developments/Updates
2.7 Silvateam
2.7.1 Silvateam Details
2.7.2 Silvateam Major Business
2.7.3 Silvateam Furfural Product and Services
2.7.4 Silvateam Furfural Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Silvateam Recent Developments/Updates
2.8 Shijiazhuang Guangxin Weiye
2.8.1 Shijiazhuang Guangxin Weiye Details
2.8.2 Shijiazhuang Guangxin Weiye Major Business
2.8.3 Shijiazhuang Guangxin Weiye Furfural Product and Services
2.8.4 Shijiazhuang Guangxin Weiye Furfural Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 Shijiazhuang Guangxin Weiye Recent Developments/Updates
2.9 Zhucheng Taisheng Chemical
2.9.1 Zhucheng Taisheng Chemical Details
2.9.2 Zhucheng Taisheng Chemical Major Business
2.9.3 Zhucheng Taisheng Chemical Furfural Product and Services
2.9.4 Zhucheng Taisheng Chemical Furfural Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 Zhucheng Taisheng Chemical Recent Developments/Updates
2.10 Zibo Huaao Chemical
2.10.1 Zibo Huaao Chemical Details
2.10.2 Zibo Huaao Chemical Major Business
2.10.3 Zibo Huaao Chemical Furfural Product and Services
2.10.4 Zibo Huaao Chemical Furfural Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 Zibo Huaao Chemical Recent Developments/Updates
2.11 Henan Huilong Chemical
2.11.1 Henan Huilong Chemical Details
2.11.2 Henan Huilong Chemical Major Business
2.11.3 Henan Huilong Chemical Furfural Product and Services
2.11.4 Henan Huilong Chemical Furfural Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 Henan Huilong Chemical Recent Developments/Updates
2.12 Pingquan Fengsheng Chemical
2.12.1 Pingquan Fengsheng Chemical Details
2.12.2 Pingquan Fengsheng Chemical Major Business
2.12.3 Pingquan Fengsheng Chemical Furfural Product and Services
2.12.4 Pingquan Fengsheng Chemical Furfural Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.12.5 Pingquan Fengsheng Chemical Recent Developments/Updates
3 Competitive Environment: Furfural by Manufacturer
3.1 Global Furfural Sales Quantity by Manufacturer (2020-2025)
3.2 Global Furfural Revenue by Manufacturer (2020-2025)
3.3 Global Furfural Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
3.4.1 Producer Shipments of Furfural by Manufacturer Revenue ($MM) and Market Share (%): 2024
3.4.2 Top 3 Furfural Manufacturer Market Share in 2024
3.4.3 Top 6 Furfural Manufacturer Market Share in 2024
3.5 Furfural Market: Overall Company Footprint Analysis
3.5.1 Furfural Market: Region Footprint
3.5.2 Furfural Market: Company Product Type Footprint
3.5.3 Furfural Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Furfural Market Size by Region
4.1.1 Global Furfural Sales Quantity by Region (2020-2031)
4.1.2 Global Furfural Consumption Value by Region (2020-2031)
4.1.3 Global Furfural Average Price by Region (2020-2031)
4.2 North America Furfural Consumption Value (2020-2031)
4.3 Europe Furfural Consumption Value (2020-2031)
4.4 Asia-Pacific Furfural Consumption Value (2020-2031)
4.5 South America Furfural Consumption Value (2020-2031)
4.6 Middle East & Africa Furfural Consumption Value (2020-2031)
5 Market Segment by Purity
5.1 Global Furfural Sales Quantity by Purity (2020-2031)
5.2 Global Furfural Consumption Value by Purity (2020-2031)
5.3 Global Furfural Average Price by Purity (2020-2031)
6 Market Segment by Application
6.1 Global Furfural Sales Quantity by Application (2020-2031)
6.2 Global Furfural Consumption Value by Application (2020-2031)
6.3 Global Furfural Average Price by Application (2020-2031)
7 North America
7.1 North America Furfural Sales Quantity by Purity (2020-2031)
7.2 North America Furfural Sales Quantity by Application (2020-2031)
7.3 North America Furfural Market Size by Country
7.3.1 North America Furfural Sales Quantity by Country (2020-2031)
7.3.2 North America Furfural Consumption Value by Country (2020-2031)
7.3.3 United States Market Size and Forecast (2020-2031)
7.3.4 Canada Market Size and Forecast (2020-2031)
7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
8.1 Europe Furfural Sales Quantity by Purity (2020-2031)
8.2 Europe Furfural Sales Quantity by Application (2020-2031)
8.3 Europe Furfural Market Size by Country
8.3.1 Europe Furfural Sales Quantity by Country (2020-2031)
8.3.2 Europe Furfural Consumption Value by Country (2020-2031)
8.3.3 Germany Market Size and Forecast (2020-2031)
8.3.4 France Market Size and Forecast (2020-2031)
8.3.5 United Kingdom Market Size and Forecast (2020-2031)
8.3.6 Russia Market Size and Forecast (2020-2031)
8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
9.1 Asia-Pacific Furfural Sales Quantity by Purity (2020-2031)
9.2 Asia-Pacific Furfural Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Furfural Market Size by Region
9.3.1 Asia-Pacific Furfural Sales Quantity by Region (2020-2031)
9.3.2 Asia-Pacific Furfural Consumption Value by Region (2020-2031)
9.3.3 China Market Size and Forecast (2020-2031)
9.3.4 Japan Market Size and Forecast (2020-2031)
9.3.5 South Korea Market Size and Forecast (2020-2031)
9.3.6 India Market Size and Forecast (2020-2031)
9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
10.1 South America Furfural Sales Quantity by Purity (2020-2031)
10.2 South America Furfural Sales Quantity by Application (2020-2031)
10.3 South America Furfural Market Size by Country
10.3.1 South America Furfural Sales Quantity by Country (2020-2031)
10.3.2 South America Furfural Consumption Value by Country (2020-2031)
10.3.3 Brazil Market Size and Forecast (2020-2031)
10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
11.1 Middle East & Africa Furfural Sales Quantity by Purity (2020-2031)
11.2 Middle East & Africa Furfural Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Furfural Market Size by Country
11.3.1 Middle East & Africa Furfural Sales Quantity by Country (2020-2031)
11.3.2 Middle East & Africa Furfural Consumption Value by Country (2020-2031)
11.3.3 Turkey Market Size and Forecast (2020-2031)
11.3.4 Egypt Market Size and Forecast (2020-2031)
11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
12.1 Furfural Market Drivers
12.2 Furfural Market Restraints
12.3 Furfural Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Furfural and Key Manufacturers
13.2 Manufacturing Costs Percentage of Furfural
13.3 Furfural Production Process
13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Furfural Typical Distributors
14.3 Furfural Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Hongye Chemical
Lenzing
Penn A Kem
Central Romana
Illovo Sugar
Hebei Xingtai Chunlei
Silvateam
Shijiazhuang Guangxin Weiye
Zhucheng Taisheng Chemical
Zibo Huaao Chemical
Henan Huilong Chemical
Pingquan Fengsheng Chemical
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*If Applicable.