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.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for 2-Furoic Acid.
This report studies the global market size of 2-Furoic Acid, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the 2-Furoic Acid production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
In 2019, the market size of 2-Furoic Acid is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
- Lotus Enterprise
- Meryer Chemical Technology
- Alfa Aesar
- J & K Scientific
Market Segment by Product Type
- 2-Furoic Acid 98%
- 2-Furoic Acid 97%
Market Segment by Application
- Optic Technologies
- Nylon Preparation
- Pharmaceutical Industry
Key Regions split in this report: breakdown data for each region.
- United States
- European Union
- Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
- To analyze and research the 2-Furoic Acid status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
- To present the key 2-Furoic Acid manufacturers, presenting the sales, revenue, market share, and recent development for key players.
- To split the breakdown data by regions, type, companies and applications
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends, drivers, influence factors in global and regions
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of 2-Furoic Acid are as follows:
- History Year: 2014-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2025
Table of content
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 (2019-2025)
1.3.2 2-Furoic Acid 98%
1.3.3 2-Furoic Acid 97%
1.4 Market Segment by Application
1.4.1 Global 2-Furoic Acid Market Share by Application (2019-2025)
1.4.3 Optic Technologies
1.4.4 Nylon Preparation
1.4.5 Pharmaceutical Industry
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 2014-2025
2.1.2 Global 2-Furoic Acid Production 2014-2025
2.1.3 Global 2-Furoic Acid Capacity 2014-2025
2.1.4 Global 2-Furoic Acid Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2019-2025
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
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