Global Furandicarboxylic Acid (FDCA) Market Grows on Rising Demand for Bio-Based Polymers and Sustainable Packaging
https://dataintelo.com/report/....furandicarboxylic-ac
The Furandicarboxylic Acid (FDCA) Market is gaining significant momentum as industries worldwide accelerate their shift toward renewable and sustainable alternatives. FDCA, a key building block in the production of bio-based plastics such as polyethylene furanoate (PEF), is witnessing increasing adoption as a green substitute for petroleum-derived materials.
Valued at USD 690 million in 2024, the global FDCA market is projected to grow at a robust CAGR of 10.4%, reaching approximately USD 1.66 billion by 2032. This growth is driven by mounting concerns about plastic pollution and regulatory support for the use of eco-friendly materials across packaging, automotive, textiles, and other industrial sectors.
