Tetrahydrofuran (THF), also known as tetramethylene oxide, diethylene oxide, is five-membered cyclic ether. It is an industrial solvent widely recognized for its unique combination of useful properties. THF is a stable compound with relatively low boiling point and excellent solvency. It is widely-used for dissolution and reaction of various substances. Also it is used as a starting material for the synthesis of poly (tetramethylene ether) glycol (PTMG), etc.
Currently, tetrahydrofuran market has a certain potential in USA, Europe, China and Asia (Ex: China). These areas demand grows stably. During these years, China's tetrahydrofuran industry maintains a rapid growth.
There are some technologies of tetrahydrofuran production. All manufacturers in the world are committed to the improvement of product. At the same time, Chinese manufacturers are improving their technology.
According to this study, over the next five years the Tetrahydrofuran market will register a 5.7% CAGR in terms of revenue, the global market size will reach US$ 3050 million by 2024, from US$ 2180 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Tetrahydrofuran business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Tetrahydrofuran market by product type, application, key manufacturers and key regions and countries.
This study considers the Tetrahydrofuran value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
The dehydration of 1,4-Butanediol
Maleic anhydride method
Furfural method
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
PTMEG
Adhesives
Pharmaceutical
Coatings
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
BASF
Invista
Penn A Kem
LyondellBasell
Ashland
Mitsubishi
Korea PTG
Sipchem
Dairen Chem
Bluestar Chem
Qianguo Chem
Markor Chem
Shanxi Sanwei Group
Zibo Hualiyuan
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Tetrahydrofuran consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Tetrahydrofuran market by identifying its various subsegments.
Focuses on the key global Tetrahydrofuran manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Tetrahydrofuran with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Tetrahydrofuran submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Tetrahydrofuran . Industry analysis & Market Report on Tetrahydrofuran is a syndicated market report, published as Global Tetrahydrofuran Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Tetrahydrofuran market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.