Hydroxymethylfurfural Market Overview:
Hydroxymethylfurfural Market is
expected to grow at a CAGR of 3.0%, the market value projected to increase is
from US $70m million by 2030.
The market of hydroxymethylfurfural (HMF) is segmented on the basis of grade, application, and geography. In terms of grade, the market can be classified into industrial grade and food grade. On the basis of end-use, the market is segmented into the flavor and fragrance industry, pharmaceutical industry, and others. Furthermore, the market’s geographical presence includes North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa.
Market Snapshot:
Hydroxymethylfurfural Market - Report
Coverage:
The “Hydroxymethylfurfural Market
- Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the
following segments in the Black garlic market.
Attribute |
Segment |
By Grade
|
·
Industrial Grade ·
Food Grade ·
Others |
By End-use
|
·
Flavor and Fragrance ·
Pharmaceutical ·
Others |
By Application
|
·
High Polymer Material ·
Medicines Intermediates ·
Alkane Fuel |
By Geography |
·
North America (U.S., Canada) ·
Europe (Germany, France, UK, Italy, Spain, Russia, and
Rest of Europe), ·
Asia-Pacific (China, Japan, South Korea, India,
Australia & New Zealand, and Rest of Asia-Pacific), ·
South America (Brazil, Argentina, Chile, Colombia, and
Rest of South America) ·
Rest of the World (Middle East and Africa). |
Hydroxymethylfurfural Market - Top Trends:
Increased
Demand in the Food Industry: HMF has applications as a food
additive and flavor enhancer, especially in bakery products and confectionery.
The demand for clean-label and natural food ingredients was driving interest in
HMF as a natural sweetener and preservative.
Bioplastics
and Sustainable Materials: HMF is used as a precursor in
the production of bio-based plastics and resins. As sustainability became a
more significant concern, the demand for HMF as a key ingredient in the
development of biodegradable and renewable plastics was on the rise.
Alternative
Sweeteners: HMF has the potential to serve as an alternative
sweetener to conventional sugars like sucrose and high-fructose corn syrup. It
has applications in reduced-calorie and sugar-free food and beverage products.
Research
and Development: The ongoing research into the development of
efficient and sustainable production methods for HMF was a prominent trend.
This included exploring new catalysts and renewable feedstocks, which could
impact the cost and environmental sustainability of HMF production.
Application
in Energy Storage: HMF was being researched for its potential use in
energy storage devices, such as batteries and supercapacitors, due to its
electrochemical properties. This trend was linked to the growing interest in
renewable energy and energy storage technologies.
Hydroxymethylfurfural Market - Company Analysis
Avantium
N.V.:
Avantium is a Dutch renewable chemicals company known for its focus on
sustainable processes, including the production of HMF. They have been involved
in the development of HMF-based products and applications.
Thermo
Fisher Scientific: Thermo Fisher is a major player in the scientific
research and analytical instruments sector. They offer technologies and
equipment used in HMF analysis and research.
Shanghai
Ruihong Chemical: This Chinese company is involved in the production
and distribution of HMF. They have a significant presence in the HMF market and
provide various grades of HMF.
Formosa
Plastics Corporation: Formosa Plastics is a Taiwanese company with
operations in various chemicals and plastics-related industries. They have been
involved in the production of HMF for use in various applications.
Key Market Players:
Product/Service launches, approvals,
patents and events, acquisitions, partnerships, and collaborations are key
strategies adopted by players in the Hydroxymethylfurfural Market Report. The
top 10 companies in this industry are listed below:
- Avantium N.V.
- Shanghai Ruihong Chemical
- Formosa Plastics Corporation
- Sigma-Aldrich
- Avalon Industries
- Robinson Brothers Limited
- Toronto Research Chemicals
- Penta Manufacturer
- Tokyo Chemical Industry
- Tokyo Kasei Kogyo
Scope of Report:
1. Hydroxymethylfurfural Market - Overview
1.1. Definitions and Scope
2. Hydroxymethylfurfural Market -
Executive Summary
3. Hydroxymethylfurfural Market -
Comparative Analysis
3.1. Company Benchmarking - Key Companies
3.2. Global Financial Analysis - Key Companies
3.3. Market Size Analysis - Key Companies
3.4. Patent Analysis
3.5. Pricing Analysis
4. Hydroxymethylfurfural Market -
Start-up Companies Scenario
4.1. Key Start-up Company Analysis by
4.1.1. Investment
4.1.2. Revenue
4.1.3. Venture Capital and Funding
Scenario
5. Hydroxymethylfurfural Market –
Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing Business Index
5.3. Case Studies of Successful Ventures
6. Hydroxymethylfurfural Market -
Forces
6.1. Market Drivers
6.2. Market Constraints
6.3. Market Challenges
6.4. Porter's Five Force Model
6.4.1. Bargaining Power of Suppliers
6.4.2. Bargaining Powers of Customers
6.4.3. Threat of New Entrants
6.4.4. Rivalry Among Existing Players
6.4.5. Threat of Substitutes
7. Hydroxymethylfurfural Market –
Strategic Analysis
7.1. Value Chain Analysis
7.2. Opportunities Analysis
7.3. Market Life Cycle
8. Hydroxymethylfurfural Market – By
Grade (Market Size – $Million/$Billion)
8.1. Industrial Grade
8.1.1. Market Trends by Region
8.1.2. Market Size & Forecast by
Region
8.2. Food Grade
8.2.1. Market Trends by Region
8.2.2. Market Size & Forecast by
Region
8.3. Others
8.3.1. Market Trends by Region
8.3.2. Market Size & Forecast by
Region
9. Hydroxymethylfurfural Market – By
End-use (Market Size – $Million/$Billion)
9.1. Flavor and Fragrance
9.1.1. Market Trends by Region
9.1.2. Market Size & Forecast by
Region
9.2. Pharmaceutical
9.2.1. Market Trends by Region
9.2.2. Market Size & Forecast by
Region
9.3. Others
9.3.1. Market Trends by Region
9.3.2. Market Size & Forecast by
Region
10. Hydroxymethylfurfural Market – By
Application (Market Size – $Million/$Billion)
10.1. High Polymer Material
10.1.1. Market Trends by Region
10.1.2. Market Size & Forecast by
Region
10.2. Medicines Intermediates
10.2.1. Market Trends by Region
10.2.2. Market Size & Forecast by
Region
10.3. Alkane Fuel
10.3.1. Market Trends by Region
10.3.2. Market Size & Forecast by
Region
11. Hydroxymethylfurfural Market – By
Geography (Market Size – $Million/$Billion)
11.1. North America
11.1.1. The U.S.
11.1.2. Canada
11.2. Europe
11.2.1. UK
11.2.2. Germany
11.2.3. France
11.2.4. Italy
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Asia-Pacific
11.3.1. China
11.3.2. India
11.3.3. Japan
11.3.4. South Korea
11.3.5. Australia & New Zealand
11.3.6. Rest of Asia-Pacific
11.4. South America
11.4.1. Brazil
11.4.2. Argentina
11.4.3. Chile
11.4.4. Colombia
11.4.5. Rest of South America
11.5. Rest of the World
11.5.1. Middle East
11.5.2. Africa
12. Hydroxymethylfurfural Market –
Entropy
12.1. New product launches
12.2. M&A’s, collaborations, JVs and partnerships
13. Hydroxymethylfurfural Market –
Industry/Segment Competition Landscape
13.1. Market Size Analysis
13.1.1. Market Size by Product Type –
Key Companies
13.1.2. Market Size by Region – Key
Companies
13.1.3. Market Size by Country – Key Companies
13.2. Competition Matrix
13.3. Best Practices for Companies
14. Hydroxymethylfurfural Market –
Key Company List by Country Premium
15. Hydroxymethylfurfural Market -
Company Analysis
15.1. Hello Products
15.2. Curaprox
15.3. Carbon&Clay
15.4. SCHMIDT’S
15.5. Carbon Coco
15.6. CALI WHITE
15.7. FineVine
15.8. Moon Oral Care
15.9. Dental Expert
15.10. ECCO PURE
15.11. Colgate-Palmolive
15.12. Sheffield Pharmaceuticals
15.13. Davids Natural Toothpaste
15.14. Magic Mud
15.15. BUCCOTHERM
15.16. Pro Teeth Whitening Co
15.17. Georganics
15.18. TJ Smile Bio-Tech
15.19. Trisa
"Financials to the Private Companies would be provided on best-effort basis." Connect with our experts to get customized reports that best suit your requirements. Our reports include global-level data, niche markets and competitive landscape.
Hydroxymethylfurfural Market is forecast to grow at 3.0% CAGR during the forecast period 2023-2030.
Hydroxymethylfurfural Market size is estimated to be US $70 million in 2030.
The Top Companies in the Hydroxymethylfurfural Market are Hello Products, Curaprox, Carbon&Clay, SCHMIDT’S, Carbon Coco, CALI WHITE, FineVine, Moon Oral Care, Dental Expert, ECCO PURE.