Furfural Market to Benefit from Increasing Awareness for Utilization of Plant-Based Chemical Compounds
The global furfural market was valued at US$450 mn in 2014. The growing awareness about the benefits of the utilization of renewable commodities instead of petrochemicals, which are exhaustive and are responsible for environment deterioration as well, has compelled manufacturers to look for renewable resources for the production of intermediate chemical compounds that are used across a large number of industries. In this context, furfural is one of the many chemicals derived from plant matter that form platform chemicals for...
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