Furfural Market worth $767 million by 2028 – Exclusive Report by MarketsandMarkets™

The furfural industry refers to the production and commercialization of furfural, a chemical compound derived from various agricultural wastes such as corncobs, oat hulls, and sawdust. Furfural is produced by acid hydrolysis of pentosans, which are complex carbohydrates found in lignocellulosic biomass.

The furfural market size is projected to grow from USD 662 million in 2023 to USD 767 million by 2028, at a CAGR of 2.9% from 2023 to 2028.