Global 2,5-Furandicarboxylic Acid (FDCA) Industry

Global 2,5-Furandicarboxylic Acid (FDCA) Industry

  • April 2021 •
  • 182 pages •
  • Report ID: 5960562 •
  • Format: PDF
Abstract:
- Global 2,5-Furandicarboxylic Acid (FDCA) Market to Reach $521.8 Million by 2027
- Amid the COVID-19 crisis, the global market for 2,5-Furandicarboxylic Acid (FDCA) estimated at US$325.3 Million in the year 2020, is projected to reach a revised size of US$521.8 Million by 2027, growing at a CAGR of 7% over the analysis period 2020-2027. Polyesters, one of the segments analyzed in the report, is projected to record a 7.8% CAGR and reach US$235 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Polyamides segment is readjusted to a revised 6% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $88 Million, While China is Forecast to Grow at 10.7% CAGR
- The 2,5-Furandicarboxylic Acid (FDCA) market in the U.S. is estimated at US$88 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$115.5 Million by the year 2027 trailing a CAGR of 10.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 6.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.
- Polycarbonates Segment to Record 6.4% CAGR
- In the global Polycarbonates segment, USA, Canada, Japan, China and Europe will drive the 5.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$48.6 Million in the year 2020 will reach a projected size of US$72.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$71.2 Million by the year 2027, while Latin America will expand at a 7.7% CAGR through the analysis period.

- Select Competitors (Total 38 Featured) -
  • AstaTech Inc
  • Avalon Industries AG
  • Avantium Holdings NV
  • Carbone Scientific
  • Chemsky
  • Corbion NV
  • Novamont SPA
  • Synbias;Tokyo Chemical Industry
  • V&V Pharma Industries