Furan Resins Market - Global Industry Analysis

Furan Resins Market – Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Published Date: 19-Aug-2020 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-127 Status : Published

Global demand for Furan Resins Market was valued at approximately USD 17.3 billion in 2019, and is expected to generate revenue of around USD 28.3 billion by end of 2026, growing at a CAGR of around 7.3 % between 2020 and 2026

Description

Furan is a colorless and flammable compound. It is derived from furfural alcohol. It is highly soluble in solvents. Furan resins are primarily obtained from food constituents such as corncobs, sugar bagasse and renewable resources. Furan resins are toxic in nature though they are highly preferred due to its eco-friendly attribute compared to conventional resins that emits VOC contents. It has wide applications such as paints and plastics, gas hardening, foundry, polyols, solvents and amongst others.

The global furan resins market is primarily driven by increasing demand among consumers for bio-based end- products. Secondly, growing environmental awareness and stringent rules and regulation imposed by regulatory bodies are expected to trigger the demand for furan resins over the coming years. However, safety issues related to transportation is likely to impede the growth of the global furan resins market. Nonetheless, ongoing research and development activities are likely to open new doors for the major manufacturers of furan resins market in near future years.

In order to give the users of this report a comprehensive view on the furan resins market, we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the furan resins market has also been included. The study encompasses a market attractiveness analysis, wherein application segments are benchmarked based on their market size, growth rate, and general attractiveness.

The global furan resins market is segmented on the basis of applications and region. Based on application segment, the global furan resins market is bifurcated into automotive, foundry, plastic & paints, solvents, and others applications. Among all, automotive governs the market share. Moreover, foundry and plastic & paints are the other important applications that are expected to have the positive impact on the market size within the forecast period.  

The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2016 to 2021. Furthermore, the report provides the market size and forecasts in terms of both volumes (kilo tons) and revenue (USD million) for the period 2016 to 2021. The report also encompasses the regional segmentation. Regional segmentation covers the regions as well as country level analysis.

Based on region, the global furan resins market is bifurcated into North America, Asia-Pacific, Middle East, Europe, Latin America and Africa including different countries such as U.S., Germany, France, UK, China, Japan, India, and Brazil. Moreover, among all these regions, Asia Pacific dominated the global furan resins market in 2015. Europe was the second largest market for furan resins in the same year. Furthermore, North America is expected to have splendid growth in near future due to the robust demand from paint industry. Middle East, Africa and Latin America are also expected to experience the moderate growth over the coming years.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

The global furan resins market also profiled the key vendors of the global market including Hongye Chemical Co. Ltd., Dyna Chem Inc., Ideal Chemical, and Supply Company, Continental Industries Group Inc.,International process plants, Nova Molecular Technologies,The Chemical Company,SolvChem Inc. Novasynorganics and amongst others.

The report segments the global furan resins market into:

Furan Resins Market: Application Segment Analysis

  • Automotive
  • Foundry
  • Plastic & Paints
  • Solvents
  • Others

Furan Resins Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Furan Resins Market, 2016 - 2026, (USD Billion)
    • 2.2. Furan Resins Market: Snapshot
  • Chapter 3. Global Furan Resins Market – Industry Analysis
    • 3.1. Furan Resins Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Increasing demand among consumers for bio-based end products
      • 3.2.2. Growing environmental awareness and stringent rules and regulation imposed by regulatory bodies
    • 3.3. Restraints
      • 3.3.1. Safety issues related to transportation
    • 3.4. Opportunity
      • 3.4.1. Ongoing research and development activities
    • 3.5. Porter’s Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis by Application segment
      • 3.6.2. Market attractiveness analysis by regional segment
  • Chapter 4. Global Furan Resins Market - Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Furan Resins market: company market share analysis, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Furan Resins Type launches
      • 4.2.3. Agreements, partnerships, cullaborations and joint ventures
      • 4.2.4. Research and development and regional expansion
  • Chapter 5. Global Furan Resins Market – Application Segment Analysis
    • 5.1. Global Furan Resins market overview: by Application
      • 5.1.1. Global Furan Resins market revenue share, by Application, 2019 and 2026
    • 5.2. Automotive
      • 5.2.1. Global Furan Resins market by Automotive, 2016-2026 (USD Billion)
    • 5.3. Foundry
      • 5.3.1. Global Furan Resins market by Foundry, 2016-2026 (USD Billion)
    • 5.4. Plastic & Paints
      • 5.4.1. Global Furan Resins market by Plastic & Paints, 2016-2026 (USD Billion)
    • 5.5. Sulvents
      • 5.5.1. Global Furan Resins market by Sulvents, 2016-2026 (USD Billion)
    • 5.6. Others
      • 5.6.1. Global Furan Resins market by Others, 2016-2026 (USD Billion)
  • Chapter 6. Global Furan Resins Market - Regional Analysis
    • 6.1. Global Furan Resins market overview: by region
      • 6.1.1. Global Furan Resins market revenue share, by region, 2019 and 2026
    • 6.2. North America
      • 6.2.1. North America Furan Resins market, by country, 2016-2026 (USD Billion)
      • 6.2.2. North America Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
      • 6.2.3. The U.S.
        • 6.2.3.1. The U.S. Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
      • 6.2.4. Rest of North America
        • 6.2.4.1. Rest of North America Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
    • 6.3. Europe
      • 6.3.1. Europe Furan Resins market, by country, 2016-2026 (USD Billion)
      • 6.3.2. Europe Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
      • 6.3.3. U.K.
        • 6.3.3.1. U.K. Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
      • 6.3.4. France
        • 6.3.4.1. France Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
      • 6.3.5. Germany
        • 6.3.5.1. Germany Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
      • 6.3.6. Rest of Europe
        • 6.3.6.1. Rest of Europe Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Furan Resins market, by country, 2016-2026 (USD Billion)
      • 6.4.2. Asia Pacific Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
      • 6.4.3. China
        • 6.4.3.1. China Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
      • 6.4.4. Japan
        • 6.4.4.1. Japan Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
      • 6.4.5. India
        • 6.4.5.1. India Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
      • 6.4.6. Rest of Asia Pacific
        • 6.4.6.1. Rest of Asia Pacific Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
    • 6.5. Latin America
      • 6.5.1. Latin America Furan Resins market, by country, 2016-2026 (USD Billion)
      • 6.5.2. Latin America Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
      • 6.5.3. Brazil
        • 6.5.3.1. Brazil Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
      • 6.5.4. Rest of Latin America
        • 6.5.4.1. Rest of Latin America Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
    • 6.6. Middle East & Africa
      • 6.6.1. Middle East & Africa Furan Resins market, 2016-2026 (USD Billion)
      • 6.6.2. Middle East & Africa Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
  • Chapter 7. Company Profiles
    • 7.1. Hongye Chemical Co. Ltd.
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Product Portfolio
      • 7.1.4. Business Strategy
      • 7.1.5. Recent Developments
    • 7.2. Dyna Chem Inc
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Product Portfolio
      • 7.2.4. Business Strategy
      • 7.2.5. Recent Developments
    • 7.3. Ideal Chemical
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Product Portfolio
      • 7.3.4. Business Strategy
      • 7.3.5. Recent Developments
    • 7.4. Supply Company
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Product Portfolio
      • 7.4.4. Business Strategy
      • 7.4.5. Recent Developments
    • 7.5. Continental Industries Group Inc
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Product Portfolio
      • 7.5.4. Business Strategy
      • 7.5.5. Recent Developments
    • 7.6. International process plants
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Product Portfolio
      • 7.6.4. Business Strategy
      • 7.6.5. Recent Developments
    • 7.7. Nova Molecular Technologies
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Product Portfolio
      • 7.7.4. Business Strategy
      • 7.7.5. Recent Developments
    • 7.8. The Chemical Company
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Product Portfolio
      • 7.8.4. Business Strategy
      • 7.8.5. Recent Developments
    • 7.9. SulvChem Inc.
      • 7.9.1. Overview
      • 7.9.2. Financials
      • 7.9.3. Product Portfolio
      • 7.9.4. Business Strategy
      • 7.9.5. Recent Developments
    • 7.10. Novasynorganics.
      • 7.10.1. Overview
      • 7.10.2. Financials
      • 7.10.3. Product Portfolio
      • 7.10.4. Business Strategy
      • 7.10.5. Recent Developments

Table Of Figures

List of Figures

1. Market research process
2. Market research methodology
3. Global Furan Resins market, 2016-2026 (USD Billion)
4. Porter’s five forces analysis: Furan Resins market
5. Global Furan Resins market attractiveness, by Application
6. Global Furan Resins market revenue share, by Application, 2019 and 2026
7. Global Furan Resins market by Automotive, 2016-2026 (USD Billion)
8. Global Furan Resins market by Foundry, 2016-2026 (USD Billion)
9. Global Furan Resins market by Plastic & Paints, 2016-2026 (USD Billion)
10. Global Furan Resins market by Solvents, 2016-2026 (USD Billion)
11. Global Furan Resins market by Others, 2016-2026 (USD Billion)
12. Global Furan Resins market revenue share, by region, 2019 & 2026
13. North America Furan Resins market, 2016-2026 (USD Billion)
14. Europe Furan Resins market, 2016-2026 (USD Billion)
15. Asia Pacific Furan Resins market, 2016-2026 (USD Billion)
16. Latin America Furan Resins market, 2016-2026 (USD Billion)
17. Middle East & Africa Furan Resins market, 2016-2026 (USD Billion)


Table Of Tables

List of Tables

1. Global Furan Resins market: snapshot
2. Drivers for Furan Resins market: impact analysis
3. Restraints for Furan Resins market: impact analysis
4. North America Furan Resins market revenue, by country, 2016-2026 (USD Billion)
5. North America Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
6. The U.S. Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
7. Rest of North America Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
8. Europe Furan Resins market revenue, by country, 2016-2026 (USD Billion)
9. Europe Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
10. U.K. Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
11. France Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
12. Germany Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
13. Rest of Europe Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
14. Asia Pacific Furan Resins market revenue, by country, 2016-2026 (USD Billion)
15. Asia Pacific Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
16. China Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
17. Japan Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
18. India Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
19. Rest of Asia Pacific Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
20. Latin America Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
21. Brazil Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
22. Rest of Latin America Furan Resins market revenue, by Application, 2016-2026 (USD Billion)
23. Middle East & Africa Furan Resins market revenue, by Application, 2016-2026 (USD Billion)


 
 

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