2, 5-Furandicarboxylic Acid Market - Share, Growth, Trends And Forecast 2015 - 2023.
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2, 5 Furandicarboxylic acid (FDCA) is an oxidized furan derivative. It is an important renewable organic compound which can be used as a substitute for terephthalic acid (PTA) in the production of polyesters. FDCA can be synthesized in four stages viz. dehydrahation of hexose derivatives, oxidation of 2, 5-disubstituted furans, catalytic conversions of various furan derivatives and biological conversion of HMF. In addition, FDCA is detected in human unrine. A human body produces 3-5 mg/day. 2, 5 furandicarboxylic acid is also known as dehydromucic acid. FDCA is a stable compound with high melting point. Synthesis of FDCA is a patented process.
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FDCA is expected to be a potential substitute for petroleum derived chemicals such as terephthalic acid, adipic acid, phthalic anhydride and bisphenol A among others. PET, polyamides, polyester polyols and others are expected to be the application segments of FDCA with PET and PBT being the application segments. There are a very few companies producing 2, 5 Furandicarboxylic acid primarily for scientific purposes. The current estimated production of FDCA is around 4 metric MT a year with revenue of USD 10 million.
FDCA has applications in pharmacology. Additionally, FDCA derived anilides exhibit strong anti-bacterial action. Furthermore, HMF is metabolized via FDCA in mammals including humans. A diluted solution of FDCA is used for preparing artificial veins for transplantation. Moreover, 2, 5 Furandicarboxylic acid can be used as an ingredient of fire foams which help to extinguish fires in a short time caused by polar and non-polar solvents. The FDCA monomer offers opportunities to create a variety of polymers such as polyesters, polyamides and polyurethanes, plasticizers and coating resins.
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FDCA is used in making polyesters, PEF fibers, PEF films and polyamides among others. Thus, the growing packaging industry coupled with the increasing demand for engineering plastics and coating resins, is expected to boost the FDCA market substantially within the forecast period. However, there are very few companies which procure and sell FDCA as there is no economic viability behind its usage. Research and development including development of cost effective oxidation technology FDCA formation may open new avenues for the 2, 5 Furandicarboxylic acid market.
In 2011, Avantium produced 40 ton/year of FDCA monomer at a pilot plant for scientific applications. In addition, it has also developed a cost-effective route to produce FDCA. Moreover, Avantium is currently working in collaboration with the Coca Cola Company, ALPLA and Danone to make 100% biobased PEF bottles in the market with the help of FDCA. The company is expected to open its first commercial purpose FDCA plant with a capacity of 300-500 kilo tons by 2016. .
Europe dominated the 2, 5 Furandicarboxylic acid market in 2012. Avatium Technologies B.V headquartered in Netherlands has been the major company contributing to the FDCA market. Asia Pacific is expected to be the fastest growing market on account of the high demand for packaging in this region owing to the rising disposable income. Emerging economies in South America, the Middle East and Africa are expected to witness substantial growth on account of the industrial development taking place in these regions. In addition, the growing population and disposable income is expected to fuel the 2, 5 Furandicarboxylic acid market within the forecast period.
Some of the key players in the 2, 5 Furandicarboxylic acid market are Avantium Technologies B.V, Satachem Co.Ltd., Synbias , Carbone Scientific Tokyo Chemical Industry, V & V Pharma Industries, Chemsky and Good Scents Company among others. There are a very few companies producing 2, 5 Furandicarboxylic acid. These companies produce FDCA primarily for scientific purposes.
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This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Middle East and Africa
Latin America
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments
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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Mr.Nachiket Ghumare
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
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FDCA is expected to be a potential substitute for petroleum derived chemicals such as terephthalic acid, adipic acid, phthalic anhydride and bisphenol A among others. PET, polyamides, polyester polyols and others are expected to be the application segments of FDCA with PET and PBT being the application segments. There are a very few companies producing 2, 5 Furandicarboxylic acid primarily for scientific purposes. The current estimated production of FDCA is around 4 metric MT a year with revenue of USD 10 million.
FDCA has applications in pharmacology. Additionally, FDCA derived anilides exhibit strong anti-bacterial action. Furthermore, HMF is metabolized via FDCA in mammals including humans. A diluted solution of FDCA is used for preparing artificial veins for transplantation. Moreover, 2, 5 Furandicarboxylic acid can be used as an ingredient of fire foams which help to extinguish fires in a short time caused by polar and non-polar solvents. The FDCA monomer offers opportunities to create a variety of polymers such as polyesters, polyamides and polyurethanes, plasticizers and coating resins.
Enquiry Before Buying @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2014
FDCA is used in making polyesters, PEF fibers, PEF films and polyamides among others. Thus, the growing packaging industry coupled with the increasing demand for engineering plastics and coating resins, is expected to boost the FDCA market substantially within the forecast period. However, there are very few companies which procure and sell FDCA as there is no economic viability behind its usage. Research and development including development of cost effective oxidation technology FDCA formation may open new avenues for the 2, 5 Furandicarboxylic acid market.
In 2011, Avantium produced 40 ton/year of FDCA monomer at a pilot plant for scientific applications. In addition, it has also developed a cost-effective route to produce FDCA. Moreover, Avantium is currently working in collaboration with the Coca Cola Company, ALPLA and Danone to make 100% biobased PEF bottles in the market with the help of FDCA. The company is expected to open its first commercial purpose FDCA plant with a capacity of 300-500 kilo tons by 2016. .
Europe dominated the 2, 5 Furandicarboxylic acid market in 2012. Avatium Technologies B.V headquartered in Netherlands has been the major company contributing to the FDCA market. Asia Pacific is expected to be the fastest growing market on account of the high demand for packaging in this region owing to the rising disposable income. Emerging economies in South America, the Middle East and Africa are expected to witness substantial growth on account of the industrial development taking place in these regions. In addition, the growing population and disposable income is expected to fuel the 2, 5 Furandicarboxylic acid market within the forecast period.
Some of the key players in the 2, 5 Furandicarboxylic acid market are Avantium Technologies B.V, Satachem Co.Ltd., Synbias , Carbone Scientific Tokyo Chemical Industry, V & V Pharma Industries, Chemsky and Good Scents Company among others. There are a very few companies producing 2, 5 Furandicarboxylic acid. These companies produce FDCA primarily for scientific purposes.
Latest Press Release Reports : http://www.transparencymarketresearch.com/press-releases.htm
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Middle East and Africa
Latin America
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments
Latest Articles Reports: http://www.transparencymarketresearch.com/articles.htm
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Mr.Nachiket Ghumare
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Visit : http://globalresearchanalysis.blogspot.in/