5-HMF is a bio-based stage synthetic containing both, an aldehyde and a liquor practical gathering. The exceptional qualities of 5-HMF include its wide-scope of uses in various industries. For instance: the oxidation of 5-HMF to FDCA (furandicarboxylic corrosive) forms the basis for production of PEF (polyethylene furanoate). PEF is a bio-based substitute for oil based PET and can, among different applications, be utilized in production of containers for soda pops or for sustenance bundling. It can likewise be utilized in the material business or the medicinal innovation division. 5-HMF has applications in pharmaceutical business, as an API (active pharmaceutical ingredient), and furthermore find use in foodstuffs and in the agrochemical segment.
HMF is a very versatile platform chemical and is intensively used in research & development. It finds applications well beyond bio-based, or bio-plastics resins. The unique characteristics of 5-HMF make it a vital chemical in biochemistry and a significant ingredient in a large number of potential future products. Besides 5-HMF has promising applications as an active pharmaceutical ingredient (API) and as a base chemical for production of 2,5 dimethyl furan, a liquid biofuel. All these applications of 5-HMF across different industries are driving the market in this segment.
Industrial grade was the biggest segment, holding around 70% of the overall market share in 2017. From application segment, flavor & fragrance industry held the most prime piece in the overall market in 2017, and is anticipated to continue its growth throughout the forecasting phase. One of the key factor driving the demand for 5-hydroxymethylfurfural is its use in flavor & fragrance industry in various end applications. In food industry, 5-HMF is utilized as a flavoring agent for food products. Further, it is also being used in fragrance industry as an aromatic agent.
The market research study on “5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) Market (Type: Industrial Grade, Food Grade; Application: Flavor & Fragrance Industry, Pharmaceutical Industry, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2025” offers detailed insights on the global 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights on global 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) market, its type, application, and major geographic regions. Secondly, the report covers global 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) market size and volume, and segment markets by type, application, and geography along with the information on companies operating in the market. The 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) market analysis is provided for major regional markets including North America, Europe, China, Japan, India, Southeast Asia, and RoW. For each region, the market size and volume for different segments has been covered under the scope of report. The players profiled in the report include Robinson Brothers, Xuzhou Ruisai Technology, AVA Biochem AG, Wutong Aroma Chemicals, Penta Manufacturer, Treatt (PVT) LTD., Ningbo Boes Biotechnology Co., Beijing Lys Chemicals GmbH, and others.
The global 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) market is segmented as below:
Market By Type
Market By Application
Market By Geography