Furfuryl Alcohol Market Dynamics, Forecast, Analysis and Supply Demand 2015-2025
Furfuryl alcohol is an organic compound manufactured by catalytic reduction of furfuran. It is used in a wide range of applications such as solvents, foundry resins, plastics, wetting agents, adhesives and in gas hardening processes among others. The raw material furfuran is obtained from sugarcane bagasse, corn cobs, wheat bran and oats among others. It has application in rocketry as a hypergolic fuel which ignites readily in presence of fuming nitric acid and red fuming nitric acid.