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Title: 2,5-Furandicarboxylic Acid (FDCA) Market Report Analysis, Research Studies- Thermo Fisher Scientific, Merck KGaA and Avantium

India, 19th Aug 2024 - The global 2,5-Furandicarboxylic Acid (FDCA) market is on a rapid growth trajectory, with a market valuation of US$ 312.10 million in 2023, expected to surge to US$ 1991.82 million by 2031. This represents a robust compound annual growth rate (CAGR) of 26.4% over the forecast period, driven by rising demand for sustainable alternatives in the chemical industry.2,5-Furandicarboxylic acid (FDCA) is a versatile green chemical, primarily synthesized through the dehydration of hexose derivatives or the catalytic conversion of furan derivatives. As a chemically stable compound with a high melting point of 342 °C, FDCA is increasingly recognized as a renewable substitute for terephthalic acid (PTA) in the production of polyesters and polyamides, as well as in niche applications like pharmaceutical intermediates and scientific research.Get a Free Sample Research PDF - https://www.datamintelligence.com/download-sample/2-5-furandicarboxylic-acid-marketGrowing Demand for BioplasticsThe increasing environmental concerns associated with conventional plastics have fueled a significant shift towards bioplastics, boosting the demand for 2,5-Furandicarboxylic Acid (FDCA). Unlike traditional plastics derived from non-renewable sources such as natural gas and crude oil, bioplastics present a more eco-friendly solution. FDCA, sourced from natural origins, serves as a critical organic compound in this transition, substituting hydrocarbon-derived terephthalic acid in bioplastics production.Market Segmentation by Raw Material and ApplicationThe FDCA market's raw material segment is led by renewable biomass, valued at US$ 46.55 million in 2023 and projected to reach US$ 415.63 million by 2031, growing with a CAGR of 32.0%. Biomass-derived FDCA is an attractive alter...

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