2,5-Furandicarboxylic Acid (FDCA) Market Size, Competitive Landscape, Revenue Analysis, 2021–2028 | Reports And Data
The global 2,5-Furandicarboxylic Acid (FDCA) market is expected to reach USD 857.3 Million by 2028, according to a new report by Reports and Data. The extensive application of this chemical is accounted for its demand in the synthesis of renewably sourced polyesters as the monomer replaces terephthalic acid. The characteristics of biodegradability and biocompatibility make 2,5-Furandicarboxylic Acid (FDCA) the most preferred material for making polyesters like PET and PBT.
The promising applications of FDCA in the production of bio-based plastics have resulted in a substantial commercial value in the packaging industries across the globe. The use of this chemical is strengthened by increasing the swing of governments in various countries for bio-based plastics to combat the escalating problem triggered by plastics pollution. Governments have also been active in offering incentives, mainly providing tax rebates, to companies in the chemical industry for the production of green packaging.
Increasing consumer awareness regarding the escalating concern of inadequate disposal of bio-plastics has played a vital role in driving the applications of 2,5-Furandicarboxylic Acid (FDCA) in the production of eco-friendly plastics. The growing demand for bio-based and sustainable packaging in across the globe is propelling the usage in numerous bio-based applications. Additionally, frequent variations in the prices of petrochemicals used in the plastics manufacturing industry have also had considerable prospects in the market.
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Material is a substance or a mixture of substances that make up an object. In the manufacturing process, materials are employed as inputs to make items or more complicated materials. Businesses that create industrial chemicals make up the chemical industry. In this industry, chemical reactions and refining technologies are utilized to transform fundamental resources such as oil, air, water, natural gas, metals, and minerals into thousands of various products. The materials and chemicals industry trends range from solutions for surface engineering, lightweight, sustainability, nano-formulations (biomaterials), 3D printing, and developing advanced composites to meet the changing industry demands.
The global 2,5-Furandicarboxylic Acid (FDCA) market research report has been formulated with extensive primary and secondary research and also covers SWOT examination and Porter’s Five Forces Analysis to offer a detailed analysis of the leading companies. The report also offers a detailed analysis of market share, market size, market volume and value, product portfolio, product development and advancement, technological upgrades, and segmentation based on types, application, end-use, and region.
Key participants include Avantium Holdings NV, Synbias, V&V Pharma Industries, Carbone Scientific, Tokyo Chemical Industry, Chemsky, Avalon Industries AG, Novamont SPA, AstaTech Inc., and Corbion NV among others.
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The report focuses on market share, market size, revenue share, industry growth rate, regional bifurcation, and overall industry outlook.
The study provides pinpoint analysis for changing competitive dynamics.
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PEST analysis of the market in the five major regions.
Regional analysis covers:
North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Application Outlook (Volume, Kilo Tons; 2020-2028 and Revenue, USD Million; 2020-2028)
End-User Outlook (Volume, Kilo Tons; 2020-2028 and Revenue, USD Million; 2020-2028)
Method Outlook (Volume, Kilo Tons; 2020-2028 and Revenue, USD Million; 2020-2028)
Dehydration of Hexose Derivatives
Oxidation of 2,5-Distributed Furans
Catalytic Conversions of Various Furan Derivatives
Biological Conversion of HMF
Channel Outlook (Volume, Kilo Tons; 2020-2028 and Revenue, USD Million; 2020-2028)
In addition to corporate strategy, the 2,5-Furandicarboxylic Acid (FDCA) market throws light on different properties to curb the progress of fuel or industry. The focus is more on applicable sales strategies to increase the company’s productivity to achieve higher economic performance. It also covers research and development activities, online and offline activities, the latest product launches, and some of the competitive expansion adopted by major global companies. Research reports use effective graphical presentation techniques such as tables, charts, graphs, diagrams, and infographics.
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