2,5-Furandicarboxylic acid is a renewable, greener substitute for terephthalate to produce polyesters. It is extensively utilized as a precursor for synthesizing bio-based polyesters and numerous other polymers. The biocompatibility and biodegradability characteristics of 2,5-Furandicarboxylic acid, makes it the most preferred material for the manufacturing of polyesters such as PBT, PET and, and plastics. It is extensively used in the production of polyamides, polyurethanes, and polyesters.
MARKET DYNAMICS
The increasing consumer consciousness regarding the alarming concern of inadequate disposal of plastics is anticipated to drive the demand for 2,5-Furandicarboxylic acid to produce eco-friendly plastics. The rising preference for sustainable and bio-based packaging worldwide is increasing the application scope of 2,5-Furandicarboxylic acid in various bio-based applications.
MARKET SCOPE
The "Global 2,5-Furandicarboxylic Acid Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the 2,5-Furandicarboxylic acid market with detailed market segmentation by application. The global 2,5-Furandicarboxylic acid market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading 2,5-Furandicarboxylic acid of market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global 2,5-Furandicarboxylic acid market is segmented into application. By application, the 2,5-Furandicarboxylic acid market is classified into Polyamides, Polyesters, Plasticizers, Polycarbonates, Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global 2,5-Furandicarboxylic acid market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The 2,5-Furandicarboxylic acid market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the 2,5-Furandicarboxylic acid market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the 2,5-Furandicarboxylic acid market in these regions.
MARKET PLAYERS
The reports cover vital developments in the 2,5-Furandicarboxylic acid market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the 2,5-Furandicarboxylic acid market are anticipated to lucrative growth opportunities in the future with the rising demand for 2,5-Furandicarboxylic acid in the global market. Below mentioned is the list of few companies engaged in the 2,5-Furandicarboxylic acid market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the 2,5-Furandicarboxylic acid market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Tokyo Chemical Industry Co., Ltd.
- R&D Synbias Ltd
- Eastman Chemical Company
- SATACHEM
- Toronto Research Chemicals Inc.
- Avantium Technologies
- Biosynth Carbosynth.
- Alfa Aesar GmbH & Co KG
- Toronto Research Chemicals Inc
- Corbion NV
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.