Global Furandicarboxylic Acid Market 2018-2022

Below are some of the key findings from this furandicarboxylic acid market research report

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Global furandicarboxylic acid industry overview

The rising demand from the carbonated soft drink market is one of the primary factors driving the furandicarboxylic acid market growth. The carbonated soft drink segment is the largest consumer of bio-based PET and is expected to retain its dominance in the next five years. Bio-based PET is expected to be heavily adopted as key packaging material in the BRICS nations. This will further trigger the demand for bio-based PET and aid the market growth.

The growth in R&D activities is a key furandicarboxylic acid market trend expected to aid expansion of this industry. R&D investment has increased significantly for the optimization and extraction process of furandicarboxylic acid. Many players are constantly focusing on developing technologically advanced, cost-effective alternatives for the production process of FDCA. Moreover, to stay competitive, the vendors are investing heavily to diversify their product portfolio and introduce technologically advanced innovations. The furandicarboxylic acid market report forecasts growth at a CAGR of over 28% during the forecast period.

Top furandicarboxylic acid companies covered in this market research report

The furandicarboxylic acid market is highly concentrated. The market has recently entered the growth phase and will continue to expand throughout the forecast period, thereby creating opportunities for the players. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this furandicarboxylic acid industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

• AVA Biochem
• Avantium
• Corbion
• SynbiaS
• Tokyo Chemical Industry
• V & V Pharma Industries

Furandicarboxylic acid market segmentation based on geographic regions

• Americas
• APAC
• EMEA

According to global furandicarboxylic acid market forecast, the Americas will hold the largest furandicarboxylic acid market share, while APAC region will account for the highest growth of this market throughout the forecast period.

Furandicarboxylic acid market segmentation based on applications

• PET
• Polyamides
• Polycarbonates
• Plasticizers
• Polyols
• Others

The application of furandicarboxylic acid for production of PET will account for the highest furandicarboxylic acid market share while polyamide applications will witness the highest furandicarboxylic acid market growth. Additionally, the report also provides an accurate prediction of the contribution of the various application segments to the growth of the furandicarboxylic acid market size.

Key highlights of the global furandicarboxylic acid market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the furandicarboxylic acid market during the next five years
• Precise estimation of the global furandicarboxylic acid market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the furandicarboxylic acid industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of furandicarboxylic acid companies

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