Published on : Apr 30, 2018
Albany, New York, April 30, 2018: A new study, focusing on the global demand for 2,5-Furandicarboxylic Acid (FDCA) has been publicized to the wide repository of Market Research Hub (MRH), which is titled as “2,5-Furandicarboxylic Acid (FDCA) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2025”. This 179-page report offers a detailed overview and in-depth analysis of the key factors that are driving the growth of the 2, 5 furandicarboxylic acid market. A holistic assessment of the qualitative and quantitative factors has been included in the report, and a detailed competitive landscape has been included for the perusal of readers. Overall, the report is a valuable source of guidance and analysis for stakeholders looking to understand the future trends in this market.
Market Overview and Forecast Assumptions
FDCA is a natural di-acid, first noticed in the human body. It has been analyzed that it can substitute terephthalic acid (TPA) in the manufacture of polyesters such as PET, thus constitute higher demand. It can be used in the production of a new class of polyethylene furanoate (PEF) polymers and bio-based recyclable plastic bottles. Analysts of the report have found that the global 2, 5 furandicarboxylic acid market is expected to expand at a significant rate driven by an increase in demand from the packaging industry.
According to the research key findings, the 2, 5 furandicarboxylic acid market is projected to expand at a CAGR of 8.2% during the forecast period. In 2016, the overall market was valued at about US$ 300 Mn. It has been analyzed that this expansion of the global 2,5-furandicarboxylic acid market is mainly driven by the rise in demand from the carbonated soft drink industry and legislative support.
Furthermore, the geographical segmentation is also encompassed in the report which analyzes the scope of the market in different regions including North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. As per the study evaluations, the 2, 5-furandicarboxylic acid market in the Asia Pacific is expected to expand at a CAGR of over 9.0% during the forecast period. Favorable government regulations, development and expansion of new plants by global manufacturers, and increased demand for biobased packaging are likely to propel the 2, 5-furandicarboxylic acid market in the region.
Moreover, the market has the report offers detailed segment-wise analysis and forecast. The market has been categorized on the basis of application. In terms of application, the 2,5-furandicarboxylic acid market can be divided into polyesters, polyamides, polycarbonates, plasticizers, and others. Of these, the polyesters segment is anticipated to dominate the market during the forecast period.
This intelligent report concludes with the analysis of the key players from the global flight data monitoring and analysis market. Few of the major players from the sector include Chemsky (Shanghai) International Company Limited, AVALON Industries AG, Corbion NV, Toronto Research Chemicals Inc, Alfa Aesar GmbH & Co KG, Avantium Holding BV, Synvina, Asta Tech Inc, Novamont SpA, and V & V Pharma Industries. A list of key developments in the 2,5-furandicarboxylic acid market made by these key players is also outlined.
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