Sarasota, FL -- (SBWIRE) -- 12/05/2017 -- According to the report, global furfural market was valued at USD 641.8 million in 2016 and is expected to reach USD 1,200.4 million in 2022, growing at a CAGR of 11.0% between 2017 and 2022.

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The report analyzes and forecast furfural market on a global and regional level. The study provides the historical data of 2016 along with forecast from 2017 to 2022 based on volume and revenue in kilotons and USD million respectively. The market dynamics provides the precise information about the major drivers and restraints of global furfural market along with its impact on the demand within the forecast period. Furthermore, the report includes the study of opportunities available for global furfural market.

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The report provides the inclusive view on the global furfural market and encompasses detailed product portfolio and strategic developments of key vendors. To know the competitive landscape of the furfural, an analysis of Porter's five forces model is built-in in the study. The study envelops market attractiveness analysis, in which application and regional segments are scrutinized based on the market size, growth rate, and attractiveness.

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The report includes detailed segmentation of furfural market by bifurcating it into the application and regional segments. The major applications of global furfural market include solvents, pharmaceuticals, furfuryl alcohol and others. The key regions for furfural market are Europe, Latin America, North America, Asia-Pacific, and the Middle East & Africa.

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Some of the key manufacturers of global furfural market included in the study are Silvateam S.p.A., Nutrafur S.A., Illovo Sugar Ltd., Central Romana Corp., Arcoy Biorefinery Pvt. Ltd., International Furan Chemicals, Lenzing AG, Tieling North Furfural (Group) Co., Ltd., Penn A Kem LLC and KRBL Ltd among others.

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