Industry: Chemical & Material
Published Date: 2025-10-20
Pages: 100 Pages
Report ld: 5185465
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Industrial-grade Furfural Market Size(US$)

CAGR 2025-2031
3.8%
Market Size,2031
USD 1,753
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Industrial-grade Furfural was valued at US$ 1350 million in the year 2024 and is projected to reach a revised size of US$ 1753 million by 2031, growing at a CAGR of 3.8% during the forecast period.
The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Industrial-grade Furfural competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.
In 2024, global Industrial-grade Furfural production reached approximately 1,000,000 tons, with an average global market price of around US$ 1,350 per ton.
The gross profit margin of major companies in the industry is between 20% – 30%.
Single-line production capacity is 15,000 – 25,000 tons/year.
Industrial-grade Furfural is an organic compound derived from the dehydration of pentose sugars found in agricultural byproducts such as corncobs, sugarcane bagasse, and oat hulls. It is a colorless to yellowish liquid with a characteristic almond-like odor, used primarily as a solvent in petroleum refining and as a chemical intermediate for producing furfuryl alcohol, tetrahydrofuran (THF), and other furan derivatives.
North American market for Industrial-grade Furfural is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Industrial-grade Furfural is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Industrial-grade Furfural include Hongye Chemical, Lenzing, Penn A Kem, Central Romana, Illovo Sugar, Hebei Xingtai Chunlei, Silvateam, Shijiazhuang Guangxin Weiye, Zhucheng Taisheng Chemical, Zibo Huaao Chemical, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Industrial-grade Furfural, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial-grade Furfural.
The Industrial-grade Furfural market size, estimations, and forecasts are provided in terms of output/shipments (Kilotons) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Industrial-grade Furfural market comprehensively. Regional market sizes, concerning products by Type, by Application, by Raw Material Source and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Industrial-grade Furfural manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, by Raw Material Source and by regions.
By Company
Hongye Chemical
Lenzing
Penn A Kem
Central Romana
Illovo Sugar
Hebei Xingtai Chunlei
Silvateam
Shijiazhuang Guangxin Weiye
Zhucheng Taisheng Chemical
Zibo Huaao Chemical
Henan Huilong Chemical
Pingquan Fengsheng Chemical
Segment by Type
Purity 99%
Purity 98.5%
Others
Segment by Raw Material Source
Corn Cob Source
Sugarcane Bagasse Source
Oat Hull Source
Segment by Application
Furfural Alcohol
Solvent
Others
Production by Region
North America
Europe
China
Japan
India
Southeast Asia
Consumption by Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East and Africa
Turkey
Saudi Arabia
UAE
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, by Raw Material Source etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Industrial-grade Furfural manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Industrial-grade Furfural by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Industrial-grade Furfural in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
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TABLE OF CONTENTS
1 Industrial-grade Furfural Market Overview
1.1 Product Definition
1.2 Industrial-grade Furfural by Type
1.2.1 Global Industrial-grade Furfural Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Purity 99%
1.2.3 Purity 98.5%
1.2.4 Others
1.3 Industrial-grade Furfural by Raw Material Source
1.3.1 Global Industrial-grade Furfural Market Value Growth Rate Analysis by Raw Material Source: 2024 VS 2031
1.3.2 Corn Cob Source
1.3.3 Sugarcane Bagasse Source
1.3.4 Oat Hull Source
1.4 Industrial-grade Furfural by Application
1.4.1 Global Industrial-grade Furfural Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.4.2 Furfural Alcohol
1.4.3 Solvent
1.4.4 Others
1.5 Global Market Growth Prospects
1.5.1 Global Industrial-grade Furfural Production Value Estimates and Forecasts (2020-2031)
1.5.2 Global Industrial-grade Furfural Production Capacity Estimates and Forecasts (2020-2031)
1.5.3 Global Industrial-grade Furfural Production Estimates and Forecasts (2020-2031)
1.5.4 Global Industrial-grade Furfural Market Average Price Estimates and Forecasts (2020-2031)
1.6 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Industrial-grade Furfural Production Market Share by Manufacturers (2020-2025)
2.2 Global Industrial-grade Furfural Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Industrial-grade Furfural, Industry Ranking, 2023 VS 2024
2.4 Global Industrial-grade Furfural Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Industrial-grade Furfural Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Industrial-grade Furfural, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Industrial-grade Furfural, Product Offered and Application
2.8 Global Key Manufacturers of Industrial-grade Furfural, Date of Enter into This Industry
2.9 Industrial-grade Furfural Market Competitive Situation and Trends
2.9.1 Industrial-grade Furfural Market Concentration Rate
2.9.2 Global 5 and 10 Largest Industrial-grade Furfural Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Industrial-grade Furfural Production by Region
3.1 Global Industrial-grade Furfural Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Industrial-grade Furfural Production Value by Region (2020-2031)
3.2.1 Global Industrial-grade Furfural Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Industrial-grade Furfural by Region (2026-2031)
3.3 Global Industrial-grade Furfural Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Industrial-grade Furfural Production Volume by Region (2020-2031)
3.4.1 Global Industrial-grade Furfural Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Industrial-grade Furfural by Region (2026-2031)
3.5 Global Industrial-grade Furfural Market Price Analysis by Region (2020-2025)
3.6 Global Industrial-grade Furfural Production and Value, Year-over-Year Growth
3.6.1 North America Industrial-grade Furfural Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Industrial-grade Furfural Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Industrial-grade Furfural Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Industrial-grade Furfural Production Value Estimates and Forecasts (2020-2031)
3.6.5 India Industrial-grade Furfural Production Value Estimates and Forecasts (2020-2031)
3.6.6 Southeast Asia Industrial-grade Furfural Production Value Estimates and Forecasts (2020-2031)
4 Industrial-grade Furfural Consumption by Region
4.1 Global Industrial-grade Furfural Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Industrial-grade Furfural Consumption by Region (2020-2031)
4.2.1 Global Industrial-grade Furfural Consumption by Region (2020-2025)
4.2.2 Global Industrial-grade Furfural Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Industrial-grade Furfural Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Industrial-grade Furfural Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Industrial-grade Furfural Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Industrial-grade Furfural Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Industrial-grade Furfural Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Industrial-grade Furfural Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Industrial-grade Furfural Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Industrial-grade Furfural Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Industrial-grade Furfural Production by Type (2020-2031)
5.1.1 Global Industrial-grade Furfural Production by Type (2020-2025)
5.1.2 Global Industrial-grade Furfural Production by Type (2026-2031)
5.1.3 Global Industrial-grade Furfural Production Market Share by Type (2020-2031)
5.2 Global Industrial-grade Furfural Production Value by Type (2020-2031)
5.2.1 Global Industrial-grade Furfural Production Value by Type (2020-2025)
5.2.2 Global Industrial-grade Furfural Production Value by Type (2026-2031)
5.2.3 Global Industrial-grade Furfural Production Value Market Share by Type (2020-2031)
5.3 Global Industrial-grade Furfural Price by Type (2020-2031)
6 Segment by Application
6.1 Global Industrial-grade Furfural Production by Application (2020-2031)
6.1.1 Global Industrial-grade Furfural Production by Application (2020-2025)
6.1.2 Global Industrial-grade Furfural Production by Application (2026-2031)
6.1.3 Global Industrial-grade Furfural Production Market Share by Application (2020-2031)
6.2 Global Industrial-grade Furfural Production Value by Application (2020-2031)
6.2.1 Global Industrial-grade Furfural Production Value by Application (2020-2025)
6.2.2 Global Industrial-grade Furfural Production Value by Application (2026-2031)
6.2.3 Global Industrial-grade Furfural Production Value Market Share by Application (2020-2031)
6.3 Global Industrial-grade Furfural Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Hongye Chemical
7.1.1 Hongye Chemical Industrial-grade Furfural Company Information
7.1.2 Hongye Chemical Industrial-grade Furfural Product Portfolio
7.1.3 Hongye Chemical Industrial-grade Furfural Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Hongye Chemical Main Business and Markets Served
7.1.5 Hongye Chemical Recent Developments/Updates
7.2 Lenzing
7.2.1 Lenzing Industrial-grade Furfural Company Information
7.2.2 Lenzing Industrial-grade Furfural Product Portfolio
7.2.3 Lenzing Industrial-grade Furfural Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Lenzing Main Business and Markets Served
7.2.5 Lenzing Recent Developments/Updates
7.3 Penn A Kem
7.3.1 Penn A Kem Industrial-grade Furfural Company Information
7.3.2 Penn A Kem Industrial-grade Furfural Product Portfolio
7.3.3 Penn A Kem Industrial-grade Furfural Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Penn A Kem Main Business and Markets Served
7.3.5 Penn A Kem Recent Developments/Updates
7.4 Central Romana
7.4.1 Central Romana Industrial-grade Furfural Company Information
7.4.2 Central Romana Industrial-grade Furfural Product Portfolio
7.4.3 Central Romana Industrial-grade Furfural Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Central Romana Main Business and Markets Served
7.4.5 Central Romana Recent Developments/Updates
7.5 Illovo Sugar
7.5.1 Illovo Sugar Industrial-grade Furfural Company Information
7.5.2 Illovo Sugar Industrial-grade Furfural Product Portfolio
7.5.3 Illovo Sugar Industrial-grade Furfural Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Illovo Sugar Main Business and Markets Served
7.5.5 Illovo Sugar Recent Developments/Updates
7.6 Hebei Xingtai Chunlei
7.6.1 Hebei Xingtai Chunlei Industrial-grade Furfural Company Information
7.6.2 Hebei Xingtai Chunlei Industrial-grade Furfural Product Portfolio
7.6.3 Hebei Xingtai Chunlei Industrial-grade Furfural Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Hebei Xingtai Chunlei Main Business and Markets Served
7.6.5 Hebei Xingtai Chunlei Recent Developments/Updates
7.7 Silvateam
7.7.1 Silvateam Industrial-grade Furfural Company Information
7.7.2 Silvateam Industrial-grade Furfural Product Portfolio
7.7.3 Silvateam Industrial-grade Furfural Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Silvateam Main Business and Markets Served
7.7.5 Silvateam Recent Developments/Updates
7.8 Shijiazhuang Guangxin Weiye
7.8.1 Shijiazhuang Guangxin Weiye Industrial-grade Furfural Company Information
7.8.2 Shijiazhuang Guangxin Weiye Industrial-grade Furfural Product Portfolio
7.8.3 Shijiazhuang Guangxin Weiye Industrial-grade Furfural Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Shijiazhuang Guangxin Weiye Main Business and Markets Served
7.8.5 Shijiazhuang Guangxin Weiye Recent Developments/Updates
7.9 Zhucheng Taisheng Chemical
7.9.1 Zhucheng Taisheng Chemical Industrial-grade Furfural Company Information
7.9.2 Zhucheng Taisheng Chemical Industrial-grade Furfural Product Portfolio
7.9.3 Zhucheng Taisheng Chemical Industrial-grade Furfural Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Zhucheng Taisheng Chemical Main Business and Markets Served
7.9.5 Zhucheng Taisheng Chemical Recent Developments/Updates
7.10 Zibo Huaao Chemical
7.10.1 Zibo Huaao Chemical Industrial-grade Furfural Company Information
7.10.2 Zibo Huaao Chemical Industrial-grade Furfural Product Portfolio
7.10.3 Zibo Huaao Chemical Industrial-grade Furfural Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Zibo Huaao Chemical Main Business and Markets Served
7.10.5 Zibo Huaao Chemical Recent Developments/Updates
7.11 Henan Huilong Chemical
7.11.1 Henan Huilong Chemical Industrial-grade Furfural Company Information
7.11.2 Henan Huilong Chemical Industrial-grade Furfural Product Portfolio
7.11.3 Henan Huilong Chemical Industrial-grade Furfural Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Henan Huilong Chemical Main Business and Markets Served
7.11.5 Henan Huilong Chemical Recent Developments/Updates
7.12 Pingquan Fengsheng Chemical
7.12.1 Pingquan Fengsheng Chemical Industrial-grade Furfural Company Information
7.12.2 Pingquan Fengsheng Chemical Industrial-grade Furfural Product Portfolio
7.12.3 Pingquan Fengsheng Chemical Industrial-grade Furfural Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Pingquan Fengsheng Chemical Main Business and Markets Served
7.12.5 Pingquan Fengsheng Chemical Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Industrial-grade Furfural Industry Chain Analysis
8.2 Industrial-grade Furfural Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Industrial-grade Furfural Production Mode & Process Analysis
8.4 Industrial-grade Furfural Sales and Marketing
8.4.1 Industrial-grade Furfural Sales Channels
8.4.2 Industrial-grade Furfural Distributors
8.5 Industrial-grade Furfural Customer Analysis
9 Industrial-grade Furfural Market Dynamics
9.1 Industrial-grade Furfural Industry Trends
9.2 Industrial-grade Furfural Market Drivers
9.3 Industrial-grade Furfural Market Challenges
9.4 Industrial-grade Furfural Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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