5-Hydroxymethylfurfural Market
5-Hydroxymethylfurfural Market Share & Trends Analysis, By Grade (Industrial Grade, Food Grade), By Purity, By Packet Size (100 MG, 1 G, 25 G, 100 G, 1 KG), By End-use Industry (Chemical Industry, Flavor & Fragrance Industry), By Region - Global Insights 2021 to 2031
Analysis of 5-Hydroxymethylfurfural Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
5-Hydroxymethylfurfural Market Forecast and CAGR
According to the latest research by Fact MR., the 5-Hydroxymethylfurfural market is anticipated to witness moderate growth during 2021-2031 with a CAGR of 2.51%. An upsurge in demand for bio-based chemicals will mean extensive opportunities in near future, however, sales of 5-Hydroxymethylfurfural for the synthesis of bio-based polyester provide momentum.
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What is Driving Demand for 5-Hydroxymethylfurfural?
5-Hydroxymethylfurfural has been identified as the key intermediate in the production of polymers and biomass-derived fuels. It is a platform chemical that has been intensively used in research & development. 5-HMF is considered one of the important chemicals in biochemistry because of its unique properties. It is also used as a principal ingredient for several potential products. 5-HMF has a promising application as an active pharmaceutical ingredient (API) as well as a chemical base for the production of 2,5 dimethylfuran, liquid biofuel.
Additionally, the growing demand for 2,5-dimethylfuran (DMF) is causing an escalation in the requirement of 5-Hydroxymethylfurfural, because it can be converted to 2,5-dimethylfuran (DMF), a biofuel with the potential to replace bioethanol due to greater energy content. Furthermore, increasing adoption of 5-HMF in several other applications such as formaldehyde replacement in resins, coatings and adhesives and as active natural ingredients in the nutraceuticals and dietary foods is fuelling the overall 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) Market demand.
Demand for Polyethylene Furanoate (PEF) Likely to Augment 5-Hydroxymethylfurfural Demand
An upsurge in demand for polyethylene furanoate (PEF) drives the demand for 5-Hydroxymethylfurfural. The oxidation of 5-Hydroxymethylfurfural to FDCA (2,5-furandicarboxylic acid) forms the basis for the production of PEF (polyethylene furanoate).
The reason behind the growing utilization of polyethylene furanoate is growing awareness towards a bio-based economy. Polyethylene furanoate is considered as next-generation polyester which is 100% recyclable and has the potential to replace widely used polymers such as PET (polyethylene terephthalate), a polymer derived from conventional synthetic resources.
The packaging of food and beverages witness the high volume consumption of several polymers. Among all the polymers used in food & beverage packaging industry, PET accounts for the majority market share. Besides, a gradual shift towards bio-based economy, is causing an escalation in the requirement of bio-based polymer such as PEF, which in turn is fuelling the demand for 5-Hydroxymethylfurfural.
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Europe 5-Hydroxymethylfurfural Market Outlook
Europe is one of the leading consumers and producers of bio-based chemicals across the globe. Europe bio-based chemicals business is set to witness substantial growth during the forecast period. 5-Hydroxymethylfurfural (HMF) is one of the emerging “platform of chemicals” obtained from biomass in the region. 5-HMF became the centre of attraction in Europe after it had been included in the top 10 list of chemicals obtained from biomass.
Additionally, the region is the base of a world-leading manufacturer of 5-HMF named “AVA BIOCHEM”. The company produced over 65% of the 5-HMF in 2018. Currently, Europe has the world’s largest export volume along with the highest production globally.
The region produces both industrial and food-grade 5-Hydroxymethylfurfural. Out of the two, industrial grade’s production is higher in comparison to food grade. The region had also accounted for over 45% of the market share in terms of revenue generation from industrial grade in which over 35% revenue was generated from the regional market and approx. 10% of the revenue was generated from exports to other regions.
Asia Pacific Demand Outlook for 5-Hydroxymethylfurfural
The Asia Pacific region is considered to be the second-largest marketplace for 5- Hydroxymethylfurfural. China along with other Asian countries such as Japan, South Korea, India and Indonesia has the largest number of consumers of PET in the food and beverage packaging industry.
To reduce the use of PET, countries across Asia have already started finding an alternative solution, and are investing heavily to support the ongoing researches in the market. China had already started using PEF (Polyethylene furanoate), which is being obtained indirectly from 5-HMF.
Talking about the market share of 5-HMF, China holds over 60% of the regional share followed by Japan (19%), South Korea (12%) and the rest of the Asian countries which accounts for approx. 8% of the regional market share.
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Who are the Key Manufacturers and Suppliers of 5-Hydroxymethylfurfural?
Some of the leading manufacturers and suppliers of 5-Hydroxymethylfurfural include
- Merck
- Zhejiang Sugar Energy Technology Co. Ltd.
- AVA Biochem
- Penta Manufacturer
- Robinson Brothers
- Nowa pharmaceuticals Co. Ltd.
- NBB Company
Globally, the 5-Hydroxymethylfurfural business is partially fragmented in nature. The majority of the leading manufacturers and suppliers have focused on investment, acquisitions, capacity & portfolio expansion, and brand development to meet the emerging as well as deficit demand. Besides, they are also focusing on longstanding contracts with consumers from associated industries.
5-Hydroxymethylfurfural Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Key Segments
-
By Grade:
- Industrial Grade
- Food Grade
-
By Purity:
- ≥ 99%
- ≥ 95%
- ≥ 80%
-
By Packet Size:
- 100 MG
- 1 G
- 25 G
- 100 G
- 1 KG
-
By End-use Industry:
- Chemical Industry
- Flavor & Fragrance Industry
- Pharmaceutical Industry
- Others
-
By Region:
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Argentina & Rest of Latin America
- Europe
- Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
- East Asia
- China, Japan, South Korea
- South Asia
- India, Thailand, Malaysia, Indonesia and Rest of South Asia
- Oceania
- Australia and New Zealand
- Middle East and Africa
- GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa
- North America
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
NOTE: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may time to reflect in the analysis.
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Grade 6.2. Purity 6.3. Packet Size 6.4. End-Use Industry 7. Global Market Analysis and Forecast, By Grade 7.1. Industrial Grade 7.2. Food Grade 8. Global Market Analysis and Forecast, By Purity 8.1. 0.99 8.2. 0.95 8.3. 0.8 9. Global Market Analysis and Forecast, By Packet Size 9.1. 100 MG 9.2. 1 G 9.3. 25 G 9.4. 100 G 9.5. 1 KG 10. Global Market Analysis and Forecast, By End-Use Industry 10.1. Chemical Industry 10.2. Flavor & Fragrance Industry 10.3. Pharmaceutical Industry 10.4. Others 11. Global Market Analysis and Forecast, By Region 11.1. North America 11.2. Latin America 11.3. Western Europe 11.4. Eastern Europe 11.5. East Asia 11.6. South Asia & Pacific 11.7. MEA 12. North America Sales Analysis and Forecast, by Key Segments and Countries 13. Latin America Sales Analysis and Forecast, by Key Segments and Countries 14. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries 17. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 18. MEA Sales Analysis and Forecast, by Key Segments and Countries 19. Sales Forecast by Grade, Purity, Packet Size, and End-Use Industry for 30 Countries 20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 21. Company Profile 21.1. Merck 21.2. Zhejiang Sugar Energy Technology Co. Ltd. 21.3. AVA Biochem 21.4. Penta Manufacturer 21.5. Robinson Brothers 21.6. Nowa pharmaceuticals Co. Ltd. 21.7. NBB Company
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Grade
Table 3: Global Market US$ Mn Forecast by Purity
Table 4: Global Market US$ Mn Forecast by Packet Size
Table 5: Global Market US$ Mn Forecast by End-Use Industry
Table 6: North America Market US$ Mn Forecast by Country
Table 7: North America Market US$ Mn Forecast by Grade
Table 8: North America Market US$ Mn Forecast by Purity
Table 9: North America Market US$ Mn Forecast by Packet Size
Table 10: North America Market US$ Mn Forecast by End-Use Industry
Table 11: Latin America Market US$ Mn Forecast by Country
Table 12: Latin America Market US$ Mn Forecast by Grade
Table 13: Latin America Market US$ Mn Forecast by Purity
Table 14: Latin America Market US$ Mn Forecast by Packet Size
Table 15: Latin America Market US$ Mn Forecast by End-Use Industry
Table 16: Western Europe Market US$ Mn Forecast by Country
Table 17: Western Europe Market US$ Mn Forecast by Grade
Table 18: Western Europe Market US$ Mn Forecast by Purity
Table 19: Western Europe Market US$ Mn Forecast by Packet Size
Table 20: Western Europe Market US$ Mn Forecast by End-Use Industry
Table 21: Eastern Europe Market US$ Mn Forecast by Country
Table 22: Eastern Europe Market US$ Mn Forecast by Grade
Table 23: Eastern Europe Market US$ Mn Forecast by Purity
Table 24: Eastern Europe Market US$ Mn Forecast by Packet Size
Table 25: Eastern Europe Market US$ Mn Forecast by End-Use Industry
Table 26: East Asia Market US$ Mn Forecast by Country
Table 27: East Asia Market US$ Mn Forecast by Grade
Table 28: East Asia Market US$ Mn Forecast by Purity
Table 29: East Asia Market US$ Mn Forecast by Packet Size
Table 30: East Asia Market US$ Mn Forecast by End-Use Industry
Table 31: South Asia & Pacific Market US$ Mn Forecast by Country
Table 32: South Asia & Pacific Market US$ Mn Forecast by Grade
Table 33: South Asia & Pacific Market US$ Mn Forecast by Purity
Table 34: South Asia & Pacific Market US$ Mn Forecast by Packet Size
Table 35: South Asia & Pacific Market US$ Mn Forecast by End-Use Industry
Table 36: MEA Market US$ Mn Forecast by Country
Table 37: MEA Market US$ Mn Forecast by Grade
Table 38: MEA Market US$ Mn Forecast by Purity
Table 39: MEA Market US$ Mn Forecast by Packet Size
Table 40: MEA Market US$ Mn Forecast by End-Use Industry
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Grade
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Purity
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packet Size
Figure 4: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 5: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Grade
Figure 7: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Purity
Figure 8: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packet Size
Figure 9: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 10: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Grade
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Purity
Figure 13: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packet Size
Figure 14: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 15: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Grade
Figure 17: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Purity
Figure 18: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packet Size
Figure 19: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 20: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Grade
Figure 22: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Purity
Figure 23: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packet Size
Figure 24: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 25: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 26: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Grade
Figure 27: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Purity
Figure 28: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packet Size
Figure 29: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 30: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 31: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Grade
Figure 32: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Purity
Figure 33: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packet Size
Figure 34: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 35: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 36: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Grade
Figure 37: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Purity
Figure 38: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packet Size
Figure 39: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 40: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
At what rate will 5-Hydroxymethylfurfural market grow from 2021 to 2031?
The 5-Hydroxymethylfurfural market is expected to grow at a 2.51% CAGR from 2021 to 2031
What is the expected market value for the 5-Hydroxymethylfurfural market in 2031?
By 2031-end, 5-Hydroxymethylfurfural sales are likely to reach US$ 96.80 Billion
Which are some leading players in the 5-Hydroxymethylfurfural market?
Merck, Zhejiang Sugar Energy Technology Co. Ltd., AVA Biochem, Penta Manufacturer, and Robinson Brothers are some leading 5-Hydroxymethylfurfural market players.
5-Hydroxymethylfurfural Market