Market Analysis and Insights: Global 2,5-Furandicarboxylic Acid (FDCA) Market
Data Bridge Market Research analyses that the 2,5-furandicarboxylic acid (FDCA) market will witness a CAGR of 8.9% for the forecast period of 2021-2028 and is likely to reach at USD 873.28 million by 2028.
2,5-furandicarboxylic acid (FDCA) is defined as a chemical compound which is manufactured from the two classes of carboxylic acids and these acids are bound to a central furan channel. Various carbohydrates are used in the production of FDCA. Sharp melting point and stable nature are the properties of FDCA. They are utilized in various applications including polycarbonates, plasticizers, polyester, polyamides and others. In the manufacturing of succinic acid, FDCA is used as an initial compound.
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Surge in the application of FDCA and rise in the use of range of petrochemical are the major drivers that will influence the growth of 2,5-furandicarboxylic acid (FDCA) market. Furthermore, growth in the demand of bio-based PET, stringent regulations related with the use of phthalate based plasticizers and rise in the utilization of FDCA as an alternative for bio based adipic acid are the market drivers that will accelerate the 2,5-furandicarboxylic acid (FDCA) market growth rate.
Also, growing investments for R&D activities and emerging new markets will provide beneficial opportunities for the 2,5-furandicarboxylic acid (FDCA) market growth.
However, lack in the availability of raw materials and unviable manufacturing process will hamper the growth of market and will further challenge the 2,5-furandicarboxylic acid (FDCA) market growth rate.
Competitive Landscape and 2,5-Furandicarboxylic Acid (FDCA) Market Share Analysis
The 2,5-furandicarboxylic acid (FDCA) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to 2,5-furandicarboxylic acid (FDCA) market.
Key Market Competitors Covered in the report
- Avantium Technologies BV
- V & V Pharma Industries
- TCI Chemicals (India) Pvt. Ltd
- AVA Biochem AG
- Alfa Aesar
- Thermo Fisher Scientific Inc.
- AstaTech, Inc.
- Novamont S.p.A.
- Eastman Chemical Company
- Merck KGaA
- Sai Carbohydrates.
- GODAVARI BIOREFINERIES LTD.
- BASF SE
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This 2,5-furandicarboxylic acid (FDCA) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on 2,5-furandicarboxylic acid (FDCA) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global 2,5-Furandicarboxylic Acid (FDCA) Market Scope and Market Size
The 2,5-furandicarboxylic acid (FDCA) market is segmented on the basis of type, application, method and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the 2,5-furandicarboxylic acid (FDCA) market is segmented into 0.99 and 0.98.
- On the basis of application, the 2,5-furandicarboxylic acid (FDCA) market is segmented into PET, polyamides, polycarbonates, plasticizers, polyester polyols and others.
- On the basis of method, the 2,5-furandicarboxylic acid (FDCA) market is segmented into dehydration Of hexose derivatives, oxidation of 2,5-disubstituted furans, catalytic conversions of various furan derivatives, and biological conversion of HMF.
- On the basis of end-user, the 2,5-furandicarboxylic acid (FDCA) market is segmented into chemical, pharmaceutical and scientific research.
2,5-Furandicarboxylic Acid (FDCA) Market Country Level Analysis
The 2,5-furandicarboxylic acid (FDCA) market is analysed and market size, volume information is provided by country, type, application, method and end-user as referenced above.
The countries covered in the 2,5-furandicarboxylic acid (FDCA) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America and Europe dominate the 2,5-furandicarboxylic acid (FDCA) market and will continue to flourish its dominance during the forecast period due to the presence of major key players, use of bio-based materials in chemical industries and growing consumer awareness about green products. Asia-Pacific will continue to however project the highest CAGR for this period because of the rapid industrialization and growing preferences towards bio-based options in chemical manufacturing enterprises in this region.
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Table of Contents:
2,5-Furandicarboxylic Acid (FDCA) Market Research Report 2028
Chapter 1 2,5-Furandicarboxylic Acid (FDCA) Market Overview
Chapter 2 Economic Impact on Industry
Chapter 3 Market Competition by Manufacturers
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 2,5-Furandicarboxylic Acid (FDCA) Market Forecast
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