India Furfural Market Size & Outlook, 2023-2030

The furfural market in India is expected to reach a projected revenue of US$ 12.0 thousand by 2030. A compound annual growth rate of 3.6% is expected of India furfural market from 2024 to 2030.
Revenue, 2023 (US$K)
$9.4
Forecast, 2030 (US$K)
$12.0
CAGR, 2024 - 2030
3.6%
Report Coverage
India

India furfural market highlights

  • The India furfural market generated a revenue of USD 9.4 thousand in 2023 and is expected to reach USD 12.0 thousand by 2030.
  • The India market is expected to grow at a CAGR of 3.6% from 2024 to 2030.
  • In terms of segment, chinese batch process was the largest revenue generating process in 2023.
  • Chinese Batch Process is the most lucrative process segment registering the fastest growth during the forecast period.

Furfural market data book summary

Market revenue in 2023USD 9.4 thousand
Market revenue in 2030USD 12.0 thousand
Growth rate3.6% (CAGR from 2023 to 2030)
Largest segmentChinese batch process
Fastest growing segmentChinese Batch Process
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD thousand
Market segmentationQuaker Batch Process, Chinese Batch Process, Rosenlew Continuous Process
Key market players worldwideKRBL Limited, Lenzing AG, Illovo Sugar Africa, TransFurans Chemicals, Central Romana, Silvateam

Other key industry trends

  • In terms of revenue, India accounted for 2.0% of the global furfural market in 2023.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China furfural 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 465.5 thousand by 2030.

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Furfural Market Companies

Name Profile # Employees HQ Website

India furfural 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 market will help companies and investors design strategic landscapes.


Chinese batch process was the largest segment with a revenue share of 82.98% in 2023. Horizon Databook has segmented the India furfural market based on quaker batch process, chinese batch process, rosenlew continuous process covering the revenue growth of each sub-segment from 2018 to 2030.


  • India Furfural Process Outlook (Revenue, USD Thousand, 2018-2030)
    • Quaker Batch Process
    • Chinese Batch Process
    • Rosenlew Continuous Process
    • Others
  • India Furfural Raw Material Outlook (Revenue, USD Thousand, 2018-2030)
    • Corn Cob
    • Sugar Cane Bagasse
    • Sunflower Hull
    • Rice Husk
    • Others
  • India Furfural Application Outlook (Revenue, USD Thousand, 2018-2030)
    • Furfuryl Alcohol
    • Solvent
    • Intermediate
    • Others
  • India Furfural End Use Outlook (Revenue, USD Thousand, 2018-2030)
    • Agriculture
    • Paints & Coatings
    • Pharmaceutical
    • Food & Beverage
    • Refineries
    • Others

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Target buyers of India furfural market databook

  • Our clientele includes a mix of furfural 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 India furfural market , including forecasts for subscribers. This country databook contains high-level insights into India furfural market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India furfural market size, by process, 2018-2030 (US$K)

India Furfural Market Outlook Share, 2023 & 2030 (US$K)

India furfural market size, by process, 2018-2030 (US$K)

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