Introduction

• The global furfuryl alcohol market is poised for significant growth, with its valuation expected to rise from approximately USD 692.5 million in 2024 to over USD 1,120 million by 2032, reflecting a steady CAGR of around 6.4%.
• Increasing demand across industrial applications, particularly in the production of foundry resins, adhesives, and corrosion-resistant materials, is driving market expansion and highlighting the compound’s critical role in modern manufacturing.
• Technological advancements, sustainable production methods, and a focus on green chemistry are shaping the market landscape, positioning furfuryl alcohol as a versatile chemical for a wide range of high-value industrial applications.

Risk Analysis section - Global furfuryl alcohol Market

• Volatility in Raw Material Prices: Fluctuating costs of key feedstocks such as agricultural residues and furfural can impact production margins and overall market profitability.
• Regulatory Compliance Challenges: Strict environmental and safety regulations regarding chemical handling, emissions, and disposal may increase operational costs and restrict market growth in certain regions.
• Health and Safety Concerns: Exposure to furfuryl alcohol can pose health risks to workers, requiring stringent safety measures, training, and investment in protective equipment.
• Supply Chain Disruptions: Dependence on specific raw material sources and potential logistical bottlenecks can lead to production delays and affect timely market supply.
• Market Competition and Price Pressure: Increasing competition from alternative chemical compounds and bio-based substitutes may put pressure on pricing and reduce profit margins.
• Technological Risk: Limited adoption of advanced production technologies or process inefficiencies could hinder scalability and operational optimization.

Segment and Key Players

1. By Product Type / Segment
 1.1 Furan-Based Furfuryl Alcohol
 1.2 Non-Furan-Based Furfuryl Alcohol

2. By Application / Segment
 2.1 Foundry Resins
 2.2 Adhesives & Coatings
 2.3 Corrosion-Resistant Materials
 2.4 Others

3. By Region / Segment
 3.1 North America
  3.1.1 USA
  3.1.2 Canada
  3.1.3 Mexico
 3.2 Europe
  3.2.1 Germany
  3.2.2 France
  3.2.3 UK
  3.2.4 Italy
  3.2.5 Spain
  3.2.6 Rest of Europe
 3.3 Asia-Pacific
  3.3.1 China
  3.3.2 Japan
  3.3.3 India
  3.3.4 South Korea
  3.3.5 Southeast Asia
 3.4 Middle East & Africa (MEA)
  3.4.1 Saudi Arabia
  3.4.2 UAE
  3.4.3 South Africa
  3.4.4 Rest of MEA
 3.5 South America
  3.5.1 Brazil
  3.5.2 Argentina
  3.5.3 Rest of South America

4. Key Players
 4.1 BASF SE
 4.2 Nippon Shokubai Co., Ltd.
 4.3 Arkema Group
 4.4 ADM (Archer Daniels Midland Company)
 4.5 LyondellBasell Industries
 4.6 Mitsubishi Chemical Corporation
 4.7 Sinochem International Corporation