Furandicarboxylic Acid Market Analysis, Growth, Survey Report 2032 | Emergen Research
The global Furandicarboxylic Acid (FDCA) market size was USD 110.4 Million in 2022 and is expected to register a steady revenue CAGR of 23.2% during the forecast period, according to latest analysis by Emergen Research. Significant investments in Research & Development (R&D) activities and rising environmental awareness in various countries are major factors driving market revenue growth. Biodegradable polymers are widely adopted as an alternative to conventional plastic materials. These polymers enable disposal in safe and environmentally sound manner via waste management processes such as composting, biological wastewater treatment, and others. Governments in various countries are focusing on assessing degradation pattern of various polymers. In addition, end-use industries are incorporating innovative technologies to comply with environmental regulations imposed on various countries. In addition, technological advancements in various countries is another factor driving...