MarketResearchNest.com adds: "2018-2023 Global 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) Consumption report"New report in her research database The records are divided over 135 with more than one table and figures in it.
In this report, the research team deals with the current scenario (with the reference year 2017) and the growth prospects for the global 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) market for 2018-2023.
Hydroxymethylfurfural (HMF), also 5- (hydroxymethyl) furfural, is an organic compound formed by the dehydration of certain sugars. It is a white low-melting solid (although commercial samples are often yellow), which is highly soluble in both water and organic solvents. The molecule consists of a furan ring containing both aldehyde and alcohol functional groups.
In the future, eight years, we predict that the CAGR of global revenues will be 1.45%. Although the scope of 5-Hydroxymethylfurfural (5-HMF) is very wide, the price of 5-Hydroxymethylfurfural (5-HMF) is much higher than the price of its alternatives in its scope, so the global market is not very large, and mainly used in the taste and scent industry.
Europe has the largest worldwide export volume and manufacturers in 5-Hydroxymethylfurfural (5-HMF) market, while China is the second sales volume market for 5-Hydroxymethylfurfural (5-HMF) in 2017.
In the industry AVA Biochem benefits most from 2016 and the past years, while Robinson Brothers and Penta have ranked Manufacturer 2 and 3. Its market share is 82.03%, 4.45% and 3.57% in 2017. The difference in market share has continued to increase because of different strategy.
Nowadays there are two main types of 5-Hydroxymethylfurfural (5-HMF), including Industrial Grade and Food Grade. And Industrial Grade is the main type for 5-Hydroxymethylfurfural (5-HMF), and the Industrial Grade reached a sales volume of approximately 34086 Kg in 2017, with 72.11% of global sales volume.
5-Hydroxymethylfurfural (5-HMF) technology is already mature and new companies can not surpass existing brands in the short term on reputation or design. The study group therefore recommends that newcomers must be carefully considered before they enter this field.
Over the next five years, Research Team is projecting that 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) will generate a turnover of 1.4% CAGR and by 2023 will reach US $ 61 million from $ 56 million in 2017.
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This report also divides the market per region:
America, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, the Middle East and Africa, Egypt, South Africa, Israel, Turkey, GCC countries
Segmentation by product type:
- Industrial quality
- Nutritional value
Segmentation on request:
- Taste and fragrance industry
- Pharmaceutical industry
The report also presents the market competition landscape and a corresponding detailed analysis of the most important suppliers / manufacturers on the market. The main manufacturers covered in this report:
- AVA Biochem
- Robinson Brothers
- Penta manufacturer
- NBB Company
- Beijing Lys Chemicals
- Xuzhou Ruisai Technology
- Wutong Aroma chemicals
In addition, this report discusses the most important factors that influence market growth, opportunities, the challenges and the risks that major manufacturers and the market as a whole are faced with. It also analyzes important emerging trends and their impact on current and future development.
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Study and analyze the global 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) (value and volume) by key region's / countries, product type and application, history data from 2013 to 2017 and forecast to 2023 .
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