Furan resins refer to heterocyclic organic compounds manufactured using furfuryl alcohol. The global furan resins market is likely to show upward revenues graph during the assessment period of 2020–2030. This growth is attributed to increased use of furan resins in many end-use industries.
TMR’s upcoming research report sheds light on important factors shaping the growth picture of the furan resins market. Thus, it offers detailed data on shares, volume, revenues, restraints, drivers, and challenges in the market for furan resins during 2020–2030.
Furfuryl alcohol is produced using several bio-based raw materials including wheat bran, oats, corn cobs, and sugarcane bagasse. The global furan resins market is expected to gain promising demand avenues on the back of increased inclination among major worldwide population toward using bio-based products. This aside, increased environmental as well as health concerns related to use of synthetic and conventional resins will help in boosting the growth of the global furan resins market in the years ahead.
The furan resins market shows high competition level due to existence of numerous players. Similarly, the nature of this market is highly fragmented.
The list of key players in the global furan resins market includes:
On regional front, Asia Pacific is likely to be one of the leading markets for furan resins during 2020 to 2030. Key reason attributed to this growth is high furan resins consumption rate as well as easy availability of raw materials in this region.
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Furan Resins Market
*86 figures and 60 tables includes