Analysis of Furan Dicarboxylic Methyl Ester market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Speculations over demand growth could be observed since 2018 and price has plunged by nearly two folds since the inception of the production in the market. Key manipulative strings in the market which are set to dip the synthetic market shares and enhances the shares of bio-based polymers are set to bolster the market of FDME over the assessed forecast period. Premiumized FDME prices are set to decline slowly with the rising consumers in a monopolistic market. Over the short-term forecast period supplier of FDME could earn marginal profits over the batch sold.
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COVID-19 or Novel coronavirus has a major impact on the polymers market. The market has declined by near three folds in the 2nd and 3rd quarters of FY2020. The decline in demand for polymers has cascaded the effect to the monomers market and is set to resurrect by the 3rd quarter of FY2021. FDME market is at its infant stage and COVID-19 has hurt the growth of the market in FY2020. Contracted sales volume of ADM and DuPont has been observed over the same period of Q2 and Q3 of FY2020.
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From regional perspective, North America holds majority of the market share owing to the presence of manufacturers of FDME in the region. Demand spread of FDME is low in other regions except North America. In the forecast period, East Asia is set to gain the dominance of demand mix over the long-run forecast period. South Asia & Oceania is projected to be the fastest growing FDME market.
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Global Furan dicarboxylic methyl ester (FDME) market is monopolistic in nature with manufacturers positioned in North America. Key players in market are focused towards collaborative approach with the polymer manufacturers. Key players in global Furan dicarboxylic methyl ester (FDME) market are DuPont and ADM who laid the foundation to the FDME market in 2018.
The research report presents a comprehensive assessment of the Furan dicarboxylic methyl ester (FDME) market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.
The Furan dicarboxylic methyl ester (FDME) report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The Furan dicarboxylic methyl ester (FDME) report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The Furan dicarboxylic methyl ester (FDME) report also maps the qualitative impact of various market factors on market segments and geographies.
The global Furan dicarboxylic methyl ester (FDME) market is bifurcated into two major segments: application, end-use industry and region.
On the basis of application, Furan dicarboxylic methyl ester (FDME) market has been segmented as follows:
On the basis of End-use industry, Furan dicarboxylic methyl ester (FDME) market has been segmented as follows:
On the basis of geographic regions, Furan dicarboxylic methyl ester (FDME) market is segmented as
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