Furfural is a liquid derived from sugarcane bagasse and corncobs that undergoes catalytic reduction to form furfuryl alcohol. It is an organic compound consisting of a furan substituted by a hydroxymethyl group. It is a colorless liquid, but it can appear amber when aged. It is considered to be highly reactive and plays an active role in the production of binder compounds. It possesses low viscosity and excellent solvent characteristics. It is mainly used as a chemical intermediate in the production of several chemical products, including wetting agents, adhesives, and foundry resins.
The global market is majorly driven by the increasing demand for the product for the synthesis of furan resins. In line with this, the growing requirement for the furfuryl alcohol in the formulation of thermoset polymer matrix compounds, cement, adhesives, coatings, and casting resins is significantly contributing to the market. Furthermore, the rising popularity of the product as a pesticide is positively influencing the market across the globe. Apart from this, several market players are heavily investing in research and development activities in rocket fuel, thereby creating a positive outlook for the market. Moreover, the augmenting demand for furfuryl alcohol in the formulation of molds for metal casting is propelling the product uptake. Besides this, rapid industrialization, especially in the developing economies, is also favorably impacting the market on the global level. Additionally, the expanding construction activities, coupled with continual technological advancements in the industrial chemical manufacturing process, are providing a boost to the market growth worldwide.
This production cost analysis report by Syndicated Analytics is the result of a comprehensive examination of the furfuryl alcohol manufacturing process. The study covers all the requisite aspects that one needs to know while making a foray into the furfuryl alcohol industry. It is based on the latest economic data and presents exhaustive insights about the primary process flow, raw material requirements, reactions involved, utility costs, operating costs, capital investments, pricing, margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the furfuryl alcohol industry.
The following technical and economic aspects are included in the report:
- Market Trends
- Impact of COVID-19
- Major Regions
- Key Manufacturers
- Price Trends
- Mass Balance and Raw Material Requirements
- Various Types of Unit Operations Involved
- Raw Material Costs
- Utility Costs
- Labor Costs
- Packaging Costs
- Transportation Costs
- Land and Construction Costs
- Machinery Costs
- Profit Margins
- Product Pricing
Key Questions Answered in This Report-
- What are the various unit operations involved in manufacturing furfuryl alcohol?
- What are the raw material requirements and costs in manufacturing furfuryl alcohol?
- What are the utility requirements and costs in manufacturing furfuryl alcohol?
- What are the manpower requirements and costs in manufacturing furfuryl alcohol?
- What are the packaging requirements and costs in manufacturing furfuryl alcohol?
- What are the transportation requirements and costs in manufacturing furfuryl alcohol?
- What are the land requirements and costs in manufacturing furfuryl alcohol?
- What are the construction requirements and costs in manufacturing furfuryl alcohol?
- What are the profit margins in furfuryl alcohol?
- What should be the pricing mechanism of furfuryl alcohol?
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- The report can be customized based on the country/region that you plan to set up your plant.
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- Machinery suppliers and costs can be customized based on your requirements.
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2 Scope and Methodology
2.1 Objectives of the Study
2.3 Research Methodology
3 Executive Summary
4 Global Furfuryl Alcohol Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Impact of COVID-19
4.4 Market Forecast
4.5 Market Breakup by Segment
4.6 Market Breakup by Region
4.7 Price Trends
4.7.1 Furfuryl Alcohol Price Trends
4.7.2 Product Margins
5 Furfuryl Alcohol Manufacturing Process
5.1 Product Overview
5.2 Detailed Process Flow
5.3 Various Types of Unit Operations Involved
5.4 Mass Balance and Raw Material Requirements
6 Production Cost Analysis
6.1 Raw Material Cost Analysis
6.1.1 Price Trend of Raw Materials Required
6.1.2 Total Expense on Raw Materials
6.2 Utility Cost Analysis
6.2.1 Electricity Costs
6.2.2 Steam Costs
6.2.3 Process Water Costs
6.2.4 Total Expense on Utilities
6.3 Operating Cost Analysis
6.3.1 Salaries and Wages
6.3.2 Plant Overheads
6.3.3 Tax and Insurance
6.3.4 Packaging Costs
6.3.5 Transportation Costs
6.3.6 Sales and Administration Costs
6.3.7 Total Operating Costs
6.4 Capital Cost Analysis
6.4.1 Land and Site Development Costs
6.4.2 Civil Work Costs
6.4.3 Plant Machinery and Commissioning Costs
184.108.40.206 Plant Machinery Costs
220.127.116.11 Auxiliary Equipment Cost
18.104.22.168 Electrical Works and Piping Costs
22.214.171.124 Other Fixed Costs
6.4.4 Working Capital Requirements for Plant Operation
6.4.5 Total Capital Investment Required
6.5 Total Production Cost
7.1 Raw Material Suppliers
7.2 Pant Machinery Suppliers
List of Figures
Figure 1: Global: Furfuryl Alcohol Market: Major Drivers and Challenges
Figure 2: Global: Furfuryl Alcohol Market: Value Trends (in Million US$), 2016-2021
Figure 3: Global: Furfuryl Alcohol Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 4: Global: Furfuryl Alcohol Market: Breakup by Segment (in %), 2021
Figure 5: Global: Furfuryl Alcohol Market: Breakup by Region (in %), 2021
Figure 6: Furfuryl Alcohol: Price Trends, 2016 & 2021
Figure 7: Furfuryl Alcohol: Margins Across Various Stages of the Supply Chain
Figure 8: Furfuryl Alcohol: Breakup of Costs
Figure 9: Furfuryl Alcohol Price Structure
Figure 10: Furfuryl Alcohol: Manufacturing Process Flow
Figure 11: Furfuryl Alcohol: Manufacturing Process: Conversion Rate of Raw Materials
Figure 12: Furfuryl Alcohol: Raw Material Price Trends, 2016 & 2021
List of Tables
Table 1: Furfuryl Alcohol Manufacturing: Raw Material Requirements
Table 2: Furfuryl Alcohol Manufacturing: Raw Material Costs
Table 3: Furfuryl Alcohol Manufacturing: Electricity Costs
Table 4: Furfuryl Alcohol Manufacturing: Steam Costs
Table 5: Furfuryl Alcohol Manufacturing: Process Water Costs
Table 6: Furfuryl Alcohol Manufacturing: Total Utility Costs
Table 7: Furfuryl Alcohol Manufacturing Plant: Costs Related to Salaries and Wages
Table 8: Furfuryl Alcohol Manufacturing: Packaging Costs
Table 9: Furfuryl Alcohol Manufacturing: Transportation Costs
Table 10: Furfuryl Alcohol Manufacturing: Sales and Administration Costs
Table 11: Furfuryl Alcohol Manufacturing: Total Operating Costs
Table 12: Furfuryl Alcohol Manufacturing: Costs Related to Land and Site Development
Table 13: Furfuryl Alcohol Manufacturing: Costs Related to Civil Works
Table 14: Furfuryl Alcohol Manufacturing: Costs Related to Plant Machinery
Table 15: Furfuryl Alcohol Manufacturing: Costs Related to Auxiliary Equipment
Table 16: Furfuryl Alcohol Manufacturing: Costs Related to Electrical works and Piping
Table 17: Furfuryl Alcohol Manufacturing: Total Costs Related to Plant Machinery and Commissioning
Table 18: Furfuryl Alcohol Manufacturing: Working Capital Requirements
Table 19: Furfuryl Alcohol Manufacturing: Total Capital Investment Required
Table 20: Furfuryl Alcohol Manufacturing: Total Production Cost
Table 21: Furfuryl Alcohol Manufacturing: Raw Material Suppliers
Table 22: Furfuryl Alcohol Manufacturing: Machinery Suppliers
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