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Newstrail
Newstrail
According to IMARC Group latest report titled” Furfural Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market exhibited moderate growth during 2015-2020. The global furfural market size to grow at a CAGR of around 6% during 2021-2026. Furfural refers to a naturally occurring chemical compound produced by dehydrating carbon sugars and obtained from the hemicellulose fraction of lignocellulosic biomass. It is a versatile chemical, which is commonly used as a raw ingredient in producing phenol-furfural-resins. Furfural can also be converted into furf…