Furfural Market Leading Players Updates and Growth Analysis Report 2030
The global furfural market size is expected to reach USD 954.36 million by 2030, registering a CAGR of 7.0% from 2023 to 2030, as per a new report by Grand View Research, Inc. Increased environmental concerns and the growing significance of bio-based solvents are expected to raise the demand for furfural throughout the forecast period. Numerous end-use industries, such as foundry, agriculture, refineries, paints & coatings, automotive, construction, pharmaceuticals, and chemicals, use furfural widely as a solvent or intermediary. During the forecast period, it is anticipated that the expanding construction industry would help to offset the decline in demand for several refractory products, including, bricks and fiberglass composites. In addition, it is anticipated that the diminishing supply of fossil fuels would increase the need for sustainable products. Gather more insights about the market drivers, restrains and growth of the Global Furfural Market Chemical ...