From Biomass to Business: Mapping the Global Furfural Derivatives Market
The Furfural Derivatives Market is witnessing steady growth, driven by the increasing demand for renewable chemicals and bio-based products. Furfural derivatives are organic compounds derived from furfural, a natural byproduct of biomass processing. These derivatives find applications in various industries, including pharmaceuticals, agriculture, chemicals, and flavors & fragrances.
The Global Furfural Derivatives Market is estimated to be valued at US$ 13.15 BN in 2024 and is expected to exhibit a CAGR of 7.2% over the forecast period 2024 to 2031.