Whether in the textiles, paints and coatings, energy sector, polymers, plastics, woods, sugar chemistry, pharmacy, aerospace and auto industries, the multiplicity of applications of furans and their derivatives have made impressive and progressive impacts over the last 7 decades. After World War II, due to the shift in focus towards petroleum-based chemical feedstock, research and development studies of these impressive class of lignocellulosic-derived chemicals, slowed down markedly. The trend, however, has reversed remarkably in recent time, due to the pursuit for “green” and eco-sustainable chemical feedstock, coupled with increasing concerns over climate change, volatile oil prices and the attendant undesirable environmental issues associated with fossil hydrocarbons. Furthermore, chemicals obtained from “green” inedible lignocellulosic biomass, such as the furans and their derivatives, still rank amongst the most promising, sustainable and industrially applicable alternatives to various petroleum-derived chemicals. With intensive and extensive researches and studies, through the years, demonstrating that inedible lignocellulosic biomass offers an enormous assortment of derivable chemical compounds, capable of producing materials analogous to and even exceeding those derived from fossil hydrocarbons [1]. This article reviews the advances and progresses, so far made in the field of furans and its derivatives and their manifold applications. However, the review puts in perspective, the contributions of Drs F.N. Peters and A.P. Dunlop, who in no small measures, advanced the furan chemical industry during their research efforts at the Oat Hull Research Centre at the Quaker Oats Company, Cedar Rapids, USA. Keywords: lignocellulosic biomass, hemicellulose, the furans, furan polymers, furan derivatives, eco-sustainable chemical feedstock, F.N. Peters, A.P. Dunlop [1] Iroegbu AO, Hlangothi SP (2019) Furfuryl Alcohol a Versatile, Eco-Sustainable Compound in Perspective. Chemistry Africa 2:223–239 . doi: 10.1007/s42250-018-00036-9