Furfuryl, Alcohol

Furfuryl Alcohol Market Size to Hit USD 2115.5 Million by 2034 Amid Shift toward Bio-based Chemicals | Future Market Insights, Inc.

07.08.2025 - 18:06:11

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is projected to be worth USD 6.7 billion in 2023. The market is likely to surpass USD 8.9 billion by 2033 at a CAGR of 2.9% during the assessment period 2023 to 2033.

The market is expected to register a CAGR of 3.7% by garnering a market value of USD 338.8 million by the end of 2033. As of 2023, sales of isooctyl alcohol are expected to be valued at USD 235.6 million.

Europe polyvinyl alcohol industry is set to be valued at USD 829.7 million in 2024 and is projected to reach USD 1,418 million by 2034. The sector will likely witness a modest CAGR of 5.5% over the forecast period 2024 to 2034. 

The global renewable methanol market share is slated to expand at a CAGR of 6.6% during the forecast period surpassing USD 398.1 million by 2033.

The ethanol market growth is anticipated to increase from USD 114.02 billion in 2023 to USD 178.78 billion in 2033, with a CAGR of 4.6% between 2023 and 2033. 

The rising demand for solvent-free and bio-based hot melt adhesives across various end-user sectors is creating lucrative hot melt adhesives market opportunities. These adhesives offer environmental benefits and meet the growing preference for sustainable solutions, driving their adoption in packaging, woodworking, automotive, and other industries.

The driveline additive market revenue is estimated to be valued at USD 9.3 billion in 2023. The market is expected to reach USD 15.2 billion by 2033, developing at a CAGR of 5.1%.

The global alumina trihydrate market is likely to reach a valuation of USD 5,324.6 million in 2023. From 2023 to 2033, it is projected to register significant acceleration at a positive CAGR of 7.7%. 

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