NEW YORK, April 10, 2018 /PRNewswire/ -- About Furandicarboxylic Acid Market
Furandicarboxylic acid (FDCA) is a furan derivative. It is a renewable organic compound that can be used as a substitute for many organic chemicals such as terephthalic acid, adipic acid, phthalic anhydride, and bisphenol A.
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Technavio's analysts forecast the Global Furandicarboxylic Acid Market to grow at a CAGR of 28.05% during the period 2017-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the Global Furandicarboxylic Acid Market 2018-2022. To calculate the market size, the report considers the increasing application of FDCA in various end-user industries such as packaging, pharmaceuticals, and polymers has increased the demand for FDCA. The production of FDCA is increasing due to the R&D activities undertaken for the development of effective technologies. Based on application, PET is the largest segment of the global FDCA market. Polyamides is expected to be the fastest-growing application segment during the forecast period.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Furandicarboxylic Acid Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• AVA Biochem
• Avantium
• Corbion
• SynbiaS
• Tokyo Chemical Industry
• V & V Pharma Industries.
Market driver
• Rising demand from carbonated soft drink (CSD) market.
• For a full, detailed list, view our report
Market challenge
• Availability of raw materials.
• For a full, detailed list, view our report
Market trend
• Increase in R&D activities
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Read the full report: https://www.reportlinker.com/p05356601
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