Global Furandicarboxylic Acid Market, By Application, By End User, By Geography .

Description

Global furandicarboxylic acid market size is expected to reach US$ 66.9 Bn by 2031 from US$ 8.61 Bn in 2024 exhibiting a compound annual growth rate (CAGR) of 34% during the forecast period.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2023/2024:	US$ 8.61 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 - 2031
Forecast Period 2023/2024 to 2030/2031 CAGR:	34.00%	2030/2031 Value Projection:	US$ 66.9 Bn

Figure 1. Global Furandicarboxylic Acid Market Share (%), By Region, 2024

Global Furandicarboxylic Acid Market - IMG1

Furandicarboxylic acid (FDCA) is a promising bio-based building block chemical derived from biomass. It is gaining significance due to its potential to serve as a biomass-derived substitute for petroleum-based terephthalic acid, which is widely used in the production of polyesters and polyethylene furanoate (PEF). FDCA can be polymerized into bio-based polyester and are used to produce fibers, resins, and packaging materials. Global furandicarboxylic acid market is driven by growing emphasis on replacing fossil fuel-based chemicals with sustainable bio-based alternatives to reduce dependence on petroleum and address climate change concerns.

Furandicarboxylic acid (FDCA) is an organic chemical compound consisting of two carboxylic acid groups that are attached to a central furan ring. It can be produced from certain carbohydrates and is considered a renewable resource. FDCA is a significant molecule for the formation of various products, including surfactants, epoxy resins, and the next-generation polymer PEF (polyethylene furanoate). It has a very high melting point (it melts at 342 °C) and undergoes reactions typical for carboxylic acids, such as halogen substitution, di-ester formation, and the formation of amides. The molecular formula of 2,5-furandicarboxylic acid is C6H4O5, and its molecular weight is 156.09 g/mol. It is partly soluble in water, with a water solubility of 0.899 g/L at 20 °C (68 °F).

Market Dynamics:

Food & beverage is the leading end use industry segment for the furandicarboxylic acid market due to the increasing use of FDCA-based polyesters in producing bio-based bottles, food packaging films and containers. Positive steps by governments worldwide to promote bio-economy and adopt strict environmental regulations regarding use of plastics are creating new growth opportunities. However, high costs that are associated with FDCA production through biomass refining methods restrict wider market adoption. But ongoing research and development (R&D) towards developing optimized catalytic and fermentation processes can help lower production costs in future.

Key features of the study:

This report provides in-depth analysis of the global furandicarboxylic acid market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global furandicarboxylic acid market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Tokyo Chemical Industry Co. Ltd., Chemsky (shanghai) International Co. Ltd, Avantium, Synbias Pharma, V & V Pharma Industries, and Carbone Scientific Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global furandicarboxylic acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global furandicarboxylic acid market

Detailed Segmentation:

Global Furandicarboxylic Acid Market

By Application
- PET
- Polysters
- Polyamides
- Polycarbonates
- Plasticizers
By End User
- Textiles
- Packaging
- Carpets
- Automotives
- Electronics
Top Companies in the Global Furandicarboxylic Acid Market :
- Tokyo Chemical Industry Co. Ltd.
- Chemsky (shanghai) International Co. Ltd,
- Avantium
- Synbias Pharma
- V & V Pharma Industries
- Carbone Scientific

Product Code: CMI6648

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Overview

Report Description
- Market Definition and Scope
Executive Summary
- Global Furandicarboxylic Acid Market ,By Application
- Global Furandicarboxylic Acid Market, By End User
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Driver
Increasing demand from PET plastic production
Growing application in pharmaceutical industry
Restraint
Opportunities
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Furandicarboxylic Acid Market- Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Impact Space Medicine Market

5. Furandicarboxylic Acid Market, By Application, 2019 - 2031 ( US$ Million)

Introduction
- Market Size and Forecast 2024 - 2031
- Y-o-Y Growth Analysis, 2019 - 2031, (US$ Million)
- Segment Trends
Polysters , 2019 - 2031 (US$ Million)
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis, 2019 - 2031, ( US$ Million)
Polyamides, 2019 - 2031 (US$ Million)
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis, 2019 - 2031, ( US$ Million)
Polycarbonates, 2019 - 2031 (US$ Million)
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis, 2019 - 2031, ( US$ Million)
Plasticizers, 2019 - 2031 (US$ Million)
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis, 2019 - 2031, ( US$ Million)
PET , 2019 - 2031 (US$ Million)
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis, 2019 - 2031, ( US$ Million)
Others, 2019 - 2031 (US$ Million)
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis, 2019 - 2031, ( US$ Million)

6. Furandicarboxylic Acid Market, By End User , 2019 - 2031 ( US$ Million)

Introduction
- Market Size and Forecast 2024 - 2031
- Y-o-Y Growth Analysis, 2019 - 2031, (US$ Million)
- Segment Trends
Textiles , 2019 - 2031 (US$ Million)
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis, 2019 - 2031, ( US$ Million)
Packaging , 2019 - 2031 (US$ Million)
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis, 2019 - 2031, ( US$ Million)
Carpets, 2019 - 2031 (US$ Million)
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis, 2019 - 2031, ( US$ Million)
Automotive , 2019 - 2031 (US$ Million)
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis, 2019 - 2031, ( US$ Million)
Electronics , 2019 - 2031 (US$ Million)
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis, 2019 - 2031, ( US$ Million)

7. Furandicarboxylic Acid Market, By Region, 2019 - 2031 ( US$ Million)

Introduction
- Market Share Analysis, 2024 - 2031, ( US$ Million)
- Y-o-Y Growth Analysis, For Region 2019 -2031
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, ( US$ Million)
- Market Size and Forecast, and Y-o-Y Growth ,By Country, 2019 - 2031, ( US$ Million)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, ( US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, ( US$ Million)
U.K.
Germany
Italy
France
Spain
Russia
Rest Of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth ,By Application, 2019 - 2031, ( US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, ( US$ Million)
China
India
Japan
Australia
South Korea
ASEAN
Rest Of Asia Pacific
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, ( US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, ( US$ Million)
GCC
Israel
Rest Of Middle East
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, ( US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, ( US$ Million)
Brazil
Mexico
Argentina

8. Company Profiles - Furandicarboxylic Acid Market

Avantium
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Synbias Pharma
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
V & V Pharma Industries
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Carbone Scientific
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Tokyo Chemical Industry Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Chemsky (shanghai) International Co., Ltd
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies

9. References and Research Methodology

References
Research Methodology