London, UK (PRWEB) February 05, 2015
5-Hydroxymethylfurfural (5-HMF) is considered to be a promising renewable platform chemical that is capable of replacing fossil-derived alternatives and thus decarbonising the worldwide economy. The global 5-hydroxymethylfurfural market is estimated at 100 tonnes. The sector is relatively small and is inhabited with an array of small-sized producers. One of the largest 5-HMF producers, Switzerland-based AVA Biochem, accounts for a share of 20% of the total market. In 2014, the company commenced industrial production of 5-hydroxymethylfurfural from biomass.
The 5-hydroxymethylfurfural market is expected to gain traction in the years to come, with the production of the compound from biomass being a key trend in the near-term. AVA Biochem mulls over boosting its market share in the offing.The latest technological advances in the mass scale production of 5-HMF gives the green light to large-scale industrial application of a broad scope of renewable chemical products, biobased materials and products. However, the prices for the product can be reduced only in the event of the construction of large-scale 5-HMF production facilities. It is important to widen the range of applications of 5-hydroxymethylfurfural uses on a global scale. 5-HMF has a lot of applications in the bioplastics marketplace, which is a promising future avenue. 5-HMF intermediate FDCA can also reploace PET, via bio-based polyethylene furanoate (PEF).
New research report “5-Hydroxymethylfurfural (CAS 67-47-0) Market Research Report 2015” worked out by BAC Reports is now available at MarketPublishers.com
Title: 5-Hydroxymethylfurfural (CAS 67-47-0) Market Research Report 2015
Published: February, 2015
Price: US$ 2,650.00
The report presents an all-round analysis and forecast of the global 5-hydroxymethylfurfural market. It includes a granular description of the product, identifies major application areas, as well as looks at the variety of methods of 5-hydroxymethylfurfural production. A brief summary of patents in the area is also provided. It sheds light on the current situation and trends in the 5-hydroxymethylfurfural market, examines leading manufacturers & suppliers as well as users of the product. Information on the actual 5-hydroxymethylfurfural prices in the market is available. The research publication gives an overview of the top manufacturers, assesses the market size globally and across specific regions, examines the trends and prospects in the downstream markets.
- Comprehensive profile for 5-hydroxymethylfurfural, including the product’s key characteristics, methods of production, applications, etc.
- Insight into the present-day landscape of the 5-hydroxymethylfurfural market worldwide.
- Comprehensive data on the 5-hydroxymethylfurfural supply including profiles of the leading manufacturers.
- In-depth analysis of the existing technologies and patents.
- Analysis of pricing trends.
- Foreign trade analysis, detailing exports and imports.
- In-depth market analyses for key regions.
- Extensive end-use sector analysis.
- Future outlook for the 5-hydroxymethylfurfural market with granular forecasts.
More new studies by the publisher can be found at BAC Reports page.