About ASSO International Consulting
ASSO regards each project as the best communication bridge between us and our customers. ASSO solemnly promises that ASSO will treat each project as our most important customer project.
Expert Opinion: Global 5-hydroxymethylfurfural Market
ASSO International Consulting points out that the market for 5-hydroxymethylfurfural is growing moderately and is expected to reach USD 80 million by 2028!Hydroxymethylfurfural (HMF), also 5-(hydroxymethyl) furfural, is an organic compound formed by the dehydration of certain sugars. It is a white low-melting solid (although commercial samples are often yellow) which is highly soluble in both water and organic solvents. The molecule consists of a furan ring, containing both aldehyde and alcohol functional groups. HMF can form in sugar-containing food, particularly as a result of heating or cooking and this formation has been the topic of significant study as HMF is regarded as being potentially carcinogenic to humans. Hydroxymethylfurfural is a marker of poor or overlong storage of foods such as honey. It is produced industrially on a modest scale as a carbon-neutral feedstock for the production of fuels and other chemicals. Analysts at ASSO International Consulting pointed out that the market for Hydroxymethylfurfural (HMF) has shown moderate growth in recent years and is expected to increase to US$ 79.8 million from US$ 63 million in 2022.
Figure 5-hydroxymethylfurfural Product
Source: ASSO International Consulting
The application field of 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) is very broad, the price of 5-hydroxymethylfurfural (5-HMF) (CAS 67-47-0) is much higher than the price of its alternatives in its application field, so its global market is not very large, and mainly used in flavor and fragrance industry. Due to environmental issues in production, there are currently no production supplies in several factories, such as Xuzhou Ruisai Technology, Wutong Aroma Chemicals and NBB Company, etc. Globally, AVA Biochem, Robinson Brothers, Penta Manufacturer and NBB Company are the existing players.
Figure 5-hydroxymethylfurfural Market Size (US$ Million) (2017-2028)
Source: ASSO International Consulting
Click to view the full report TOC, figure and tables：
The Global 5-hydroxymethylfurfural Market Research Report 2022-2030 report released by ASSO Consulting Company provides a basic overview of the 5-hydroxymethylfurfural industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures. The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the 5-hydroxymethylfurfural industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.
Request for more information：
Contact ASSO: sales@assointernational.com
http://www.assointernationalconsulting.com/
Phone: +(86) 18519734165
ASSO regards each project as the best communication bridge between us and our customers. ASSO solemnly promises that ASSO will treat each project as our most important customer project. We will go all out and never give up. ASSO regards each other's excellence as the purpose of our service. ASSO's services involve regional analysis, market data, player share, market decision-making, marketing and product positioning
– Allen King
Leave a comment
All fields marked with an asterisk (*) are required