2 Methylfuran Market

2-Methylfuran Market: Global Industry Analysis and Opportunity Assessment 2016-2026

  • Ongoing
  • April 2020
  • REP-GB-1832
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2 Methylfuran Market
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This 2 Methylfuran market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving 2 Methylfuran market.


The global pharmaceuticals market is expected to increase at a CAGR of over 4-5% during forecast period. 2-Methylfuran is expected to gain traction in the near future as it is primarily used in pharmaceuticals industry. It is a light yellowish green volatile organic compound with an ethereal odor and is also known as sylvan. 2-Methylfuran changes its shading to black or yellow when exposed to sunlight. It is highly flammable and hence is stored in a ventilated, cool dry place far from heat & fire. 2-Methylfuran is widely used in manufacturing of drugs like atropine, sodium acetate, furadantine, anisodamine and thiamine furan. In pharmaceuticals industry, synthesis of vitamin B1 is done using 2-Methylfuran. It is less dense than water but its vapors are heavier when contrastedwith air. 2-Methylfuran also finds application as a tool for screening of lung cancer and production of anti-malarial drug like chloroquine. It is also used to produce methyl furfural, aliphatic compounds and sulfur and nitrogen heterocycles. Moreover, 2-Methylfuran is also used for making pesticides, flavors or fragrances and has narcotic effect.  Hence, the global 2-Methylfuran market is expected to grow at a moderate CAGR during the forecast period.

Global 2-Methylfuran Market Dynamics:

Market Growth Analysis

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

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2-Methyl furan is soluble in alcohol and ether and has the potential to be used as an alternative fuel. This factor is expected to drive the demand for 2-Methylfuran in chemical industry. The growing pharmaceutical industry is also anticipated to be the major driving factor for the growth of global 2-Methylfuran market. Moreover, increasing demand for pesticides coupled with growing agricultural sector is expected to set an opportunity for the growth of 2-Methyl furan market. One of the major factor restricting the growth of the global 2-Methylfuran market is its high flammability and lower flash point. This makes the transportation of 2-Methylfuran difficult, which in turn is expected to restrain the growth of 2-methylfuran market in the near future. Moreover, environmental regulation are imposed for limited usage of 2-Methylfuran because of its toxic effects and thus expected to challenge the overall growth of the market. Additionally, the key players are responding to the challenges and are expanding their global presence in order to sustain their share in the global 2-Methylfuran market.

Global 2-Methylfuran Market: Segmentation

The global 2-Methylfuran market can be segmented on the basis of applications and regions. On the basis of applications, the global 2-Methylfuran market is segmented into pharmaceuticals, agricultural and chemical industry. Pharmaceutical industry is estimated to account the largest share in global 2-Methylfuran market. On the basis of regions, the global 2-Methylfuran market can be segmented into North America, Western Europe, Middle East and Africa, Latin America, Asia Pacific, Japan and Eastern Europe.

Global 2-Methylfuran Market: Region wise Outlook

North America is expected to be the most dominant region in global 2-Methylfuran market. Asia Pacific is anticipated to be the most promising revenue generating region for 2-Methylfuran and is expected to grow at significant rate. Due to availability of labor and low cost of raw material, China is projected to be one of the highest revenue generating country in Asia Pacific region in 2-Methylfuran market. Middle East & Africa and Latin America are also expected to show positive growth in the near future.

Global 2-Methylfuran Market: Key Players

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.

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Some of the major key players identified in the global 2-Methylfuran market are as follows:

  • Capot Chemical Co. Ltd.
  • Angene Chemical
  • A&J Pharmtech Co. Ltd.
  • Sigma-Aldrich
  • Finetech Industry Ltd.
  • ChemExper Inc.
  • MP Biomedicals, LLC.
  • Amadis Chemical Co. Ltd.
  • AN PharmaTech Co. Ltd.
  • Tractus Company Ltd.
  • Haihang Industry Co. Ltd.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
Frequently Asked Questions

What research methodology is used to develop the 2 Methylfuran Market report?
  • FMI utilizes three branched methods to derive market measurements used to compile any report study (data derivation, triangulation and validation).
  • These approaches include accumulating data from both primary and secondary sources
  • Primary research involves interviews with industry operators and FMI's network of contacts spanning the world's value chain of the 2 Methylfuran Market. This is supported by a comprehensive literature analysis of information gathered through secondary sources
  • Analysis of several middle market stakeholders for country-wise data

In addition to up-to-date market figures and customized of the 2 Methylfuran Market, FMI offer consulting services to help businesses within industry navigate challenges and take well-informed decisions amidst the breakneck competition.

  • Most of the competitors are segregated according to their market share in 'Tier' wise statures.
  • Global market participants are scrutinized and global competition metrics are included with numerous competitor profiles referring to their business background and go-to market strategies.
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Harish Tiwari

Harish Tiwari

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Pranay Mhaisekar

Pranay Mhaisekar

Business Development

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