South Korea Furfural Derivatives Market Size & Outlook
Related Markets
South Korea furfural derivatives market highlights
- The South Korea furfural derivatives market generated a revenue of USD 319,105.0 million in 2022 and is expected to reach USD 530,994.2 million by 2030.
- The South Korea market is expected to grow at a CAGR of 6.6% from 2023 to 2030.
- In terms of segment, tetrahydrofuran was the largest revenue generating application in 2022.
- Tetrahydrofurfuyl Alcohol is the most lucrative application segment registering the fastest growth during the forecast period.
Furfural derivatives market data book summary
| Market revenue in 2022 | USD 319,105.0 million |
| Market revenue in 2030 | USD 530,994.2 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Tetrahydrofuran |
| Fastest growing segment | Tetrahydrofurfuyl Alcohol |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 1-5 Pentanediol, Furoic Acid, Tetrahydrofuran, 2 Methyl Tetrahydrofuran, 2 Methylfuran, Maleic Anhydride, Cyclopentanone, Tetrahydrofurfuyl Alcohol |
| Key market players worldwide | Pyran Inc., Pennakem LLC, TransFurans Chemicals, Basf SE, Ube Corp, Ab Enterprises, Hefei TNJ Chemical Industry Co., International Furan Chemicals |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.6% of the global furfural derivatives market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China furfural derivatives market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 10,445,446.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Furfural Derivatives Market Scope
Furfural Derivatives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| International Furan Chemicals | View profile | 11-50 | Rotterdam, Zuid-Holland, The Netherlands, Europe | https://www.furan.com |
| Ab Enterprises | View profile | 11-50 | Bhubaneswar, Orissa, India, Asia | https://www.abentp.com |
| Pennakem LLC | View profile | 101-250 | Memphis, Tennessee, United States, North America | http://pennakem.com |
| Pyran Inc. | View profile | 11-50 | Madison, Wisconsin, United States, North America | https://pyranco.com/ |
| Hefei TNJ Chemical Industry Co. | View profile | 51-100 | Hefei, Anhui, China, Asia | http://www.tnjchem.com |
| TransFurans Chemicals | View profile | 11-50 | Geel, Antwerpen, Belgium, Europe | https://www.transfurans.be |
| Ube Corp | View profile | 8019 | Seavans North Building, 1-2-1, Shibaura, Minato-Ku, Tokyo, Japan, 105-8449 | https://www.ube.co.jp |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
South Korea furfural derivatives market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to furfural derivatives market will help companies and investors design strategic landscapes.
Tetrahydrofuran was the largest segment with a revenue share of 37.48% in 2022. Horizon Databook has segmented the South Korea furfural derivatives market based on 1-5 pentanediol, furoic acid, tetrahydrofuran, 2 methyl tetrahydrofuran, 2 methylfuran, maleic anhydride, cyclopentanone, tetrahydrofurfuyl alcohol covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to South Korea furfural derivatives market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea furfural derivatives market databook
-
Our clientele includes a mix of furfural derivatives market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea furfural derivatives market , including forecasts for subscribers. This country databook contains high-level insights into South Korea furfural derivatives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea furfural derivatives market size, by application, 2018-2030 (US$M)
South Korea Furfural Derivatives Market Outlook Share, 2022 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
