2-Furoic Acid Market Size By Application, Industry Analysis Report, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
3057 | Date :
Jan, 2023 | Pages :
180 | Region : Global |
Publisher : 99 Strategy
2-Furoic acid is a heterocyclic carboxylic acid, consisting of a five-membered aromatic ring and a carboxylic acid group.
The market for 2-furoic acid was mainly driven by food manufacturing sector. 2-furoic acid is also used as a starting material in furoate esters production. The derivatives of 2-furoic acid are used in medicinal preparations and biological research. The major opportunity for 2-furoic acid market is optic technology. 2-Furoic acid crystals can be used in optical devices due to its favorable properties such as non linear optical material (NLO). However, health hazards related to 2-furoic acid such as mutagenic effects are likely to inhibit the market growth.
North America was the leading region for 2-furoic acid market in 2012. The demand for 2-furoic acid is huge due to growing consumption from food industry. North America was followed by Europe, owing to huge demand of 2-furoic acid in medical applications.
The Global 2-Furoic Acid Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023-2030.
As the report focuses on global 2-Furoic Acid Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
Lotus Enterprise
Meryer Chemical Technology
Alfa Aesar
J & K Scientific
In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
2-Furoic Acid 98%
2-Furoic Acid 97%
Others
In Market segmentation by applications :
Food
Optic Technologies
Nylon Preparation
Pharmaceutical Industry
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the 2-Furoic Acid Market for the forecast period 2023-2030?
• What are the driving forces in the 2-Furoic Acid Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the 2-Furoic Acid industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
Table of Contents
1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global 2-Furoic Acid Market Size Growth Rate by Type (2020-2030)
1.3.2 2-Furoic Acid 98%
1.3.3 2-Furoic Acid 97%
1.3.4 Others
1.4 Market Segment by Application
1.4.1 Global 2-Furoic Acid Market Share by Application (2020-2030)
1.4.2 Food
1.4.3 Optic Technologies
1.4.4 Nylon Preparation
1.4.5 Pharmaceutical Industry
1.4.6 Others
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global 2-Furoic Acid Production Value 2015-2030
2.1.2 Global 2-Furoic Acid Production 2015-2030
2.1.3 Global 2-Furoic Acid Capacity 2015-2030
2.1.4 Global 2-Furoic Acid Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2020-2030
2.2.1 Global 2-Furoic Acid Market Size CAGR of Key Regions
2.2.2 Global 2-Furoic Acid Market Share of Key Regions
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
3 Market Share by Manufacturers
3.1 Capacity and Production by Manufacturers
3.1.1 Global 2-Furoic Acid Capacity by Manufacturers
3.1.2 Global 2-Furoic Acid Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 2-Furoic Acid Revenue by Manufacturers (2018 - 2022)
3.2.2 2-Furoic Acid Revenue Share by Manufacturers (2018 - 2022)
3.2.3 Global 2-Furoic Acid Market Concentration Ratio (CR5 and HHI)
3.3 2-Furoic Acid Price by Manufacturers
3.4 Key Manufacturers 2-Furoic Acid Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into 2-Furoic Acid Market
3.6 Key Manufacturers 2-Furoic Acid Product Offered
3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
4.1 Production and Production Value for Each Type
4.1.1 2-Furoic Acid 98% Production and Production Value (2018 - 2022)
4.1.2 2-Furoic Acid 97% Production and Production Value (2018 - 2022)
4.1.3 Others Production and Production Value (2018 - 2022)
4.2 Global 2-Furoic Acid Production Market Share by Type
4.3 Global 2-Furoic Acid Production Value Market Share by Type
4.4 2-Furoic Acid Ex-factory Price by Type
5 Market Size by Application
5.1 Overview
5.2 Global 2-Furoic Acid Consumption by Application
6 Production by Regions
6.1 Global 2-Furoic Acid Production (History Data) by Regions 2018 - 2022
6.2 Global 2-Furoic Acid Production Value (History Data) by Regions
6.3 United States
6.3.1 United States 2-Furoic Acid Production Growth Rate 2018 - 2022
6.3.2 United States 2-Furoic Acid Production Value Growth Rate 2018 - 2022
6.3.3 Key Players in United States
6.3.4 United States 2-Furoic Acid Import & Export
6.4 European Union
6.4.1 European Union 2-Furoic Acid Production Growth Rate 2018 - 2022
6.4.2 European Union 2-Furoic Acid Production Value Growth Rate 2018 - 2022
6.4.3 Key Players in European Union
6.4.4 European Union 2-Furoic Acid Import & Export
6.5 China
6.5.1 China 2-Furoic Acid Production Growth Rate 2018 - 2022
6.5.2 China 2-Furoic Acid Production Value Growth Rate 2018 - 2022
6.5.3 Key Players in China
6.5.4 China 2-Furoic Acid Import & Export
6.6 Rest of World
6.6.1 Japan
6.6.2 Korea
6.6.3 India
6.6.4 Southeast Asia
7 2-Furoic Acid Consumption by Regions
7.1 Global 2-Furoic Acid Consumption (History Data) by Regions
7.2 United States
7.2.1 United States 2-Furoic Acid Consumption by Type
7.2.2 United States 2-Furoic Acid Consumption by Application
7.3 European Union
7.3.1 European Union 2-Furoic Acid Consumption by Type
7.3.2 European Union 2-Furoic Acid Consumption by Application
7.4 China
7.4.1 China 2-Furoic Acid Consumption by Type
7.4.2 China 2-Furoic Acid Consumption by Application
7.5 Rest of World
7.5.1 Rest of World 2-Furoic Acid Consumption by Type
7.5.2 Rest of World 2-Furoic Acid Consumption by Application
7.5.1 Japan
7.5.2 Korea
7.5.3 India
7.5.4 Southeast Asia
8 Company Profiles
8.1 Lotus Enterprise
8.1.1 Lotus Enterprise Company Details
8.1.2 Company Description and Business Overview
8.1.3 Production and Revenue of 2-Furoic Acid
8.1.4 2-Furoic Acid Product Introduction
8.1.5 Lotus Enterprise Recent Development
8.2 Meryer Chemical Technology
8.2.1 Meryer Chemical Technology Company Details
8.2.2 Company Description and Business Overview
8.2.3 Production and Revenue of 2-Furoic Acid
8.2.4 2-Furoic Acid Product Introduction
8.2.5 Meryer Chemical Technology Recent Development
8.3 Alfa Aesar
8.3.1 Alfa Aesar Company Details
8.3.2 Company Description and Business Overview
8.3.3 Production and Revenue of 2-Furoic Acid
8.3.4 2-Furoic Acid Product Introduction
8.3.5 Alfa Aesar Recent Development
8.4 J & K Scientific
8.4.1 J & K Scientific Company Details
8.4.2 Company Description and Business Overview
8.4.3 Production and Revenue of 2-Furoic Acid
8.4.4 2-Furoic Acid Product Introduction
8.4.5 J & K Scientific Recent Development
9 Market Forecast
9.1 Global Market Size Forecast
9.1.1 Global 2-Furoic Acid Capacity, Production Forecast 2020-2030
9.1.2 Global 2-Furoic Acid Production Value Forecast 2020-2030
9.2 Market Forecast by Regions
9.2.1 Global 2-Furoic Acid Production and Value Forecast by Regions 2020-2030
9.2.2 Global 2-Furoic Acid Consumption Forecast by Regions 2020-2030
9.3 United States
9.3.1 Production and Value Forecast in United States
9.3.2 Consumption Forecast in United States
9.4 European Union
9.4.1 Production and Value Forecast in European Union
9.4.2 Consumption Forecast in European Union
9.5 China
9.5.1 Production and Value Forecast in China
9.5.2 Consumption Forecast in China
9.6 Rest of World
9.6.1 Japan
9.6.2 Korea
9.6.3 India
9.6.4 Southeast Asia
9.7 Forecast by Type
9.7.1 Global 2-Furoic Acid Production Forecast by Type
9.7.2 Global 2-Furoic Acid Production Value Forecast by Type
9.8 Consumption Forecast by Application
10 Value Chain and Sales Channels Analysis
10.1 Value Chain Analysis
10.2 Sales Channels Analysis
10.2.1 2-Furoic Acid Sales Channels
10.2.2 2-Furoic Acid Distributors
10.3 2-Furoic Acid Customers
11 Opportunities & Challenges, Threat and Affecting Factors
11.1 Market Opportunities
11.2 Market Challenges
11.3 Porters Five Forces Analysis
12 Key Findings
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
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