Furfural is produced from agricultural waste biomass that contain pentosans, which are aldose to sugars, composed of small rings formed from short five-member chains, that constitute a class of complex carbohydrates, present in cellulose of many woody plants such as corn cobs, sugar cane bagasse, rice, wheat bran, sawdust and oat hulls etc. Furfural is a clear, colorless motile liquid with a characteristic ‘almond-Benz aldehyde’ odor and it is an aldehyde of furan. Any material containing pentosans can be used for the production of furfural. Technically furfural is produced by acid hydrolysis of the pentosan contained in woody biomass. Furfural is the only organic compound derived from biomass that can replace the crude oil based organics used in industry. Furfural can be used for the production of lubricants; specialist adhesives and plastics; and nylons. It is the starting material for cycling shorts. The rapid furfural test is a chemical test used to distinguish between glucose and fructose. The rapid furfural test is similar to Molisch's test but uses concentrated hydrochloric acid instead of concentrated sulfuric acid and the solution is boiled.
The global furfural market was valued at US$1.3 bn by 2013,US$450 million in 2014,$663.5 million in 2015 and In 2016, the market was valued USD 557.4 Million in terms of revenue. By Regions, 2017-2025” is expected to reach USD 1393.9 Million by 2025 in terms of revenue. In terms of volume, is estimated to reach by 464.5 Kiloton in 2016, $1,434.1 million by 2022 and expected to reach $1184.8 Kilo ton by 2025 and registering a CAGR of 11.6% during the forecast period. The Furfural market is expected to grow at a high rate during 2017 to 2025. As a whole you can invest in this project without risk and earn profit.
Few Indian major players are as under
· K R B L Ltd.
· M A C Agro Inds. Ltd.
· Mahavir Expochem Ltd.
· Southern Agrifurane Inds. Ltd.
· Southern Agrosynthese Ltd.
· Sri Kusuma Haranadha Agro Fural Ltd.
%PDF-1.4 % 2 0 obj <>stream x{TT]X)>@`3"Xh}TIZ cLqc0' V1Ǧ 6jæMQ*`ϭ-QDw^,*:~s{ RH+,ܳtZw.$2Zxԯ\H5yUA۵\Hmq)Mobm`y!yW^JlB