Hydroxymethylfurfural (HMF) is an organic chemical having the molecular formula C6H6O3. It is a furan derivative also known as 5-hydroxymethylfurfural.
It is a yellow-to-brown crystalline solid that is soluble in water and polar organic solvents. It is produced dehydration and subsequent rearrangement events.
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It offers a wide range of industrial and commercial uses, including the manufacturing of chemicals, medicines, and biofuels. It is employed as a precursor in the production of a variety of compounds, including levulinic acid, 2,5-furan dicarboxylic acid, and furfural alcohol.
The melting point of hydroxymethylfurfural ranges between 30 to 34 °C (86 to 93 °F; 303 to 307 K). The density of hydroxymethylfurfural is 1.29 g/cm3. The boiling point ranges between 114 to 116 °C (237 to 241 °F; 387 to 389 K).
Germany, the United States, Spain, and China are the leading exporting countries in the hydroxymethylfurfural market across the world.
Key Details About the Hydroxymethylfurfural Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Hydroxymethylfurfural price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Hydroxymethylfurfural Price chart, including India Hydroxymethylfurfural price, USA Hydroxymethylfurfural price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Hydroxymethylfurfural Price Trend:
In the food business, HMF is utilised as a food ingredient and flavouring agent. It is typically found in baked goods, coffee, and honey and is used to improve the flavour and aroma of culinary products.
It’s used to make bioplastics, which are plastics made from renewable materials. HMF can be transformed into 2,5-furan dicarboxylic acid (FDCA), which is used to make bioplastics such as polyethylene furanoate (PEF) and polyamides.
Owing to its high energy density and compatibility with existing infrastructure, it is seen as a promising renewable feedstock for the manufacturing of biofuels and bio-based chemicals. It may be turned into a variety of biofuels, including 2,5-dimethylfuran (DMF), a petrol replacement.
It is utilised in the manufacture of pharmaceuticals such as anti-cancer medications and antibiotics. HMF compounds are also being investigated as potential therapies for disorders such as diabetes and Alzheimer’s.
It is a versatile chemical building block that is used to make a variety of compounds, including levulinic acid, which is used as a solvent, plasticizer, and intermediary in the manufacturing of pharmaceuticals and agrochemicals. HMF derivatives are also utilised in the synthesis of numerous compounds as catalysts, solvents, and intermediates.
Key Players:
- AVA Biochem
- Robinson Brothers
- Penta Manufacturer
- NBB Company
- Sugar Energy,
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