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Furfuryl alcohol is an organic substance that is generated from furfuryl, which is a result of agricultural waste processing such as sugarcane bagasse and maize cobs.
It is a colorless to pale yellow-colored liquid with a very mild sweet odour. It is primarily employed in various industries such as resin binders, chemical intermediaries, and solvents. It is a highly reactive compound that undergoes many chemical reactions.
It is denser than water. The molecular weight of furfuryl alcohol is 98.098 g/mol. It has excellent solvent properties and has low viscosity. The boiling and flash points of furfuryl alcohol are 171 °F and 167 °F, respectively.
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The leading furfuryl alcohol-producing countries are the Netherlands, the United States, Thailand, China, and Belgium.
Key Details About the Furfuryl Alcohol Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Furfuryl Alcohol price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The furfuryl alcohol price chart, including India’s Furfuryl Alcohol price, USA’s Furfuryl Alcohol price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Furfuryl Alcohol Price Trend:
Furfuryl alcohol is a versatile compound that is employed in the production of various chemicals which include adhesives, coatings, and paints. It is also employed as a solvent in the manufacturing of nitrocellulose, resins, and other polymers.
Additionally, it is used to make agrochemicals and medications. It is also employed as a chemical intermediary in the synthesis of various organic compounds, such as furfuryl amine, and tetrahydrofurfuryl alcohol.
Other than that, it is employed in the production of foundry sand, which is used in the casting of metal parts, as a resin binder. It is also utilised in the production of refractory materials for high-temperature applications.
It finds its application as a fragrance ingredient in the food and beverage industries. It is also utilised in the oil and gas industry as a corrosion inhibitor.
Key Players:
- ILLOVO SUGAR AFRICA (PTY) LTD
- Linzi Organic Chemical Inc. Ltd
- TransFurans Chemicals bvb
- DalinYebo
- Hebeichem, Silvateam S.p. a
- Shandong Crownchem Industries Co., Ltd
- Hongye Holdings Group Corp., Ltd.
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We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.
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