Global 2-Methylfuran
Market Report
2025
2 Methyl Furan Market will register a compound annual growth rate of ~4.45% for the forecast period 2023- 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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The Global 2 Methyl Furan Market will register a compound annual growth rate of ~4.45% for the forecast period 2023- 2030.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global 2-Methylfuran Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Grade |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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2-Methylfuran Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Introduction to Cash in transit services market
2 Methyl Furan is a member of the class of furan, which is used as a human urinary metabolite, hepatotoxic agent, and volatile organic compound. The 2 Methyl furan is a colorless liquid with a sweet odor. It is used as an intermediate in the production of pharmaceuticals and other chemicals.2 Methyl Furan is used in the production of pharmaceuticals, agrochemicals, and industrial chemicals. It is also used for making pesticides, flavours, or fragrances, and has a narcotic effect.
The growing demand for 2 methyl furans, as an alternative fuel, drives the growth of the 2-methyl furan market:
There is a growing trend for the use of methyl furan as a biofuel in several sectors such as chemicals, pharmaceuticals, and others. The development of alternative and green energy sources has high demand, owing to environmental degradation. Thus, the production of biomass is increasingly adopted in several sectors. The 2-methyl furan has properties similar to fossil fuels, thus, it is used as an alternative fuel during the production in the chemical and pharmaceutical sector. For instance, International Furan Chemicals B.V. offers 2 methyl furans in its portfolio, which is used as an oxygenated fuel additive and dop in biofuels in the pharmaceutical sector. Furthermore, the US Department of Energy spent USD 61.4 million on technologies that develop biofuels. (Source: Department of Energy, 2021). Thus, an increase in spending and preference towards the use of bio-fuels drives the 2-methyl furan market.
Restriction on the Usage of 2 Methyl Furan, owing to its toxicity, restraints the growth of 2 Methyl Furan Market
Furan is an intermediate, which may pose health risks on exposure, the 2-methyl furan and 3 methyl furans have shown toxicity similar to furan, Thus, the Canadian Food Inspection Agency, Government of Canada focuses on the surveys and health routine monitoring programs that evaluate and surveys the target population to avoid hazardous side effects to the consumer. The health risk and carcinogenic risk associated with furan limits its usage in the end-use sector, which in turn inhibits the growth of 2 methyl furan market
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The key market players included in the report include Carl Roth GmbH + Co KG, Toronto Research Chemicals, Capot Chemical Co., Ltd, Angene Chemical, Tokyo Chemical Industry (India) Pvt. Ltd., Merck KGaA, Darmstadt, Germany and/or its affiliates, and Shandong Yino Biologic Materials Co Ltd.
The major companies in the 2 Methyl Furan market focus on acquisition and R&D investments.
The company also focuses on the launch of different products, which expands the product line in the market.
The unprecedented cases of COVID-19 disrupted the supply chain of 2 methyl furan. The pandemic resulted in limited availability of 2 methyl furan among end-use sectors. Industries such as chemical, and agricultural faced a negative impact, as the preference towards the supply of raw materials was high in the pharmaceutical sector. China is one of the major countries that export 2 methyl furans to other locations. The unprecedented cases of COVID-19 affected its supply during the pandemic. Moreover, the demand for 2 methyl furan was high, as this intermediate is used for the production of vitamins, and other pharmaceutical drugs. Overall, these factors had a moderately negative impact on the 2 methyl furan market.
Top Companies Market Share in 2-Methylfuran Industry: (In no particular order of Rank)
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The Asia Pacific accounts for a major share of XX% of the market, due to the rising usage of 2methyl furan in pharmaceutical intermediates in this region. The 2-methyl furan is used in the manufacturing of drugs such as atropine, sodium acetate, furasantine, anisodamine, and thiamine furan, the 2-methyl furan is also used as a tool for screening lung cancer and production of antimalarial drugs. The high adoption of 2 methyl furan in the production of pharmaceutical drugs, increases its demand in the pharmaceutical sector. For instance, the Dalian Sky Pharmaceutical Co., Ltd. uses 2 methyl furans in the development of vitsminB1 chloroquine phosphate and primaquine phosphate, synthesizing pyrethroid pesticides and flavors and fragrances, owing to its properties. China supplies 80% of the intermediates, and API to other countries such as India. The presence of pharmaceutical companies and their investment in the development and export of intermediates boosts the demand for pharmaceutical intermediates in this region. According to data published by Sino Health in 2021, China invested USD 41.24 Billion in the pharmaceutical market. India relies on China for the supply of pharmaceutical intermediates. Thus, the presence of large manufacturing facilities and investment in pharmaceuticals boost the demand for 2 methyl furans in this region.
The current report Scope analyzes 2-Methylfuran Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global 2-Methylfuran Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing 2-Methylfuran Industry growth. 2-Methylfuran market has been segmented with the help of its Grade, Application , and others. 2-Methylfuran market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The industrial grade accounts for a significant share of XX % of the market, as the industrial grade 2 methyl furan is used in the chemicals, agricultural, and food sectors. The presence of the manufacturer focuses on the adoption of technologies for the usage of 2-methyl furan production in different sectors. The demand for 2 methyl furans as a biofuel is increasing in the industrial sector. The furans are used as a biofuel in the transportation sector, as 2,5-dimethylfuran has a high energy density of 30 MJ/L and better resistance The furan is used to modify the combustion behavior of conventional fuels, resulting in high energy efficiency, and low emissions. Furthermore, the 2 methyl furan and 3 methyl furan are used for thermal processing in food and beverage sector. Thus, increasing the application of this intermediate in different industries boosts the demand for industrial grade 2 methyl furan.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of 2-Methylfuran Industry. Request a Free Sample PDF!
Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the 2-Methylfuran Market.
Some of the key Application of 2-Methylfuran are:
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global 2-Methylfuran Market is witnessing significant growth in the near future.
In 2023, the Industrial Grade segment accounted for noticeable share of global 2-Methylfuran Market and is projected to experience significant growth in the near future.
The Pharmaceutical segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Carl Roth GmbH + Co KG , Capot Chemical Co. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Grade | Industrial Grade, Pharmaceutical Grade, Others |
Application | Pharmaceutical, Industrial, Agricultural, Others |
List of Competitors | Carl Roth GmbH + Co KG, Toronto Research Chemicals, Capot Chemical Co., Ltd, Angene Chemical, Tokyo Chemical Industry (India) Pvt. Ltd., Merck KGaA, Darmstadt, Germany and/or its affiliates, Shandong Yino Biologic Materials Co Ltd |
This chapter will help you gain GLOBAL Market Analysis of 2-Methylfuran. Further deep in this chapter, you will be able to review Global 2-Methylfuran Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of 2-Methylfuran. Further deep in this chapter, you will be able to review North America 2-Methylfuran Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of 2-Methylfuran. Further deep in this chapter, you will be able to review Europe 2-Methylfuran Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of 2-Methylfuran. Further deep in this chapter, you will be able to review Asia Pacific 2-Methylfuran Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of 2-Methylfuran. Further deep in this chapter, you will be able to review South America 2-Methylfuran Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of 2-Methylfuran. Further deep in this chapter, you will be able to review Middle East and Africa 2-Methylfuran Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of 2-Methylfuran. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Grade Analysis 2019 -2031, will provide market size split by Grade. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Grade Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global 2-Methylfuran market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Industrial Grade have a significant impact on 2-Methylfuran market? |
What are the key factors affecting the Industrial Grade and Pharmaceutical Grade of 2-Methylfuran Market? |
What is the CAGR/Growth Rate of Pharmaceutical during the forecast period? |
By type, which segment accounted for largest share of the global 2-Methylfuran Market? |
Which region is expected to dominate the global 2-Methylfuran Market within the forecast period? |
Segmentation Level Customization |
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Company Level |
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Additional Qualitative Data |
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Additional Quantitative Data |
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