Furfural Derivatives Market Dynamics: Growth Drivers and Challenges...

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2025-09-23 06:49:15 -

Furfural Derivatives Market Dynamics: Growth Drivers and Challenges (2023–2030)

The global furfural derivatives market size was estimated at USD 12.48 billion in 2022 and is projected to reach USD 21.84 billion by 2030, growing at a CAGR of 7.24% from 2024 to 2030. The market’s growth is largely driven by the critical role of furfural derivatives in the production of biofuels, including biodiesel and biojet fuel, which are increasingly important in the...

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