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Furfural alcohol is a colourless to pale yellow liquid with a mildly sweet odour. It is an organic substance generated from furfural, which is a result of agricultural waste processing such as maize cobs and sugarcane bagasse.
Furfural alcohol is utilised in a variety of sectors as a solvent, chemical intermediary, and resin binder. It is also utilised in the food and beverage industries as a flavour and fragrance ingredient.
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It is a highly reactive compound that can undergo a variety of chemical reactions to provide a diverse range of derivatives, making it a valuable compound for a variety of applications. However, because of the potential health risks, such as skin and eye irritation and respiratory difficulties, it should be treated with caution.
China, Belgium, Netherlands, the United States, and Thailand are the leading producing countries in the furfuryl alcohol market.
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 used in the manufacturing of foundry sands, which are utilised in the casting of metal parts, as a resin binder. It is also utilised as a binder in the manufacture of refractory materials for high-temperature applications.
It is a versatile solvent that is used in the manufacture of a variety of chemicals, including adhesives, coatings, and paints. It is also employed as a solvent in the production of nitrocellulose, resins, and other polymers.
It is a chemical intermediary in the synthesis of several organic compounds, including furfuryl amine, furan, and tetrahydrofurfuryl alcohol. It's also used to make medications and agrochemicals.
It is utilised in the food and beverage industries as a flavour and fragrance ingredient. It's used to give baked goods, coffee, and other products a nutty or caramel flavour.
It is used in the oil and gas industry as a corrosion inhibitor. It is added to drilling muds to protect metal components in oil and gas wells from corroding.
Key Players:
- Linzi Organic Chemical Inc. Ltd.
- TransFurans Chemicals bvba
- DalinYebo, Hebeichem
- SilvateamS.p.a.
- Shandong Crownchem Industries Co., Ltd
- Hongye Holdings Group Corp., Ltd.
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