The Tetrahydrofuran (THF) Market is expected to reach USD 6.41 Bn. by 2029, at a CAGR of 6.60% during the forecast period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.To know about the Research Methodology:- Request Free Sample Report Escalating demand for spandex fibers and polyurethane across the world is driving the growth of the tetrahydrofuran market. Tetrahydrofuran is said to cause eye irritation, skin problems, nausea, dizziness, etc. under conditions of prolonged exposure and substitute for tetrahydrofuran, called 2-methyl tetrahydrofuran (2-MeTHF), is being used in industries as well which in turn restraining the tetrahydrofuran market. Tetrahydrofuran market based on technology has been segmented into Reppe process, propylene oxide process, Davy process and butadiene process. High production efficiency of Reppe process and safety allied with this process has led this segment as leading technology segment. Tetrahydrofuran based on application has been segmented into polytetramethylene ether glycol (PTMEG), solvents and others. PTMEG application segment is expected to grow at a high CAGR during the forecast period attributed to the extensive use of PTMEG in the production of polyurethane and spandex. Geographically, the tetrahydrofuran market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia Pacific is expected to be one of the largest markets for tetrahydrofuran during the forecast period. Packaging, automotive, flourishing textile and chemical industries has uplifted the Asia Pacific growth market.
Tetrahydrofuran (THF) Market Scope: Inquire before buying
Tetrahydrofuran (THF) Market Base Year 2021 Forecast Period 2023-2029 Historical Data CAGR Market Size in 2022 Market Size in 2029 2018 to 2022 6.6% US$ 4.10 Bn US$ 6.41 Bn Segments Covered by Technology Reppe Process Propylene Oxide Davy Process Butadiene Process by Application Polytetramethylene Ether Glycol (PTMEG) Solvents Others by End-User Industry Polymer Textile Pharmaceutical Paints and Coatings Other End-User Industries Regions Covered North America United States Canada Mexico Europe UK France Germany Italy Spain Sweden Austria Rest of Europe Asia Pacific China S Korea Japan India Australia Indonesia Malaysia Vietnam Taiwan Bangladesh Pakistan Rest of APAC Middle East and Africa South Africa GCC Egypt Nigeria Rest of ME&A South America Brazil Argentina Rest of South America Tetrahydrofuran (THF) Market Key Players:
1 BASF (Germany) 2 Ashland (US) 3 Dairen Chemical (Taiwan) 4 INVISTA (US) 5 LyondellBasell (the Netherlands) 6 Mitsubishi Chemical (Japan) 7 Sipchem (Saudi Arabia) 8 Nova Molecular Technologies (US) 9 Penn A Kem (US) 10 BioAmber (US) 11 Sinochem Qingdao (China) 12 Tcc Chemical (US) 13 Bluestar New Chemical Materials (China) 14 Shanxi Sanwei (China) 15 Nan Ya Plastics (Taiwan) 16 Banner Chemicals Limited 17 BASF SE 18 BHAGWATI CHEMICALS 19 DCC 20 Hefei TNJ Chemical Industry Co.,Ltd. 21 Henan GP Chemicals Co.,Ltd 22 Mitsubishi Chemical Corporation Frequently Asked Questions: 1. Which region has the largest share in Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Market? Ans: The Global Tetrahydrofuran (THF) Market is expected to grow at a CAGR of 6.60% during forecasting period 2023-2029. 3. What is scope of the market report? Ans: Global Tetrahydrofuran (THF) Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What is the study period of this market? Ans: The Global Tetrahydrofuran (THF) Market is studied from 2022 to 2029.
1. Global Tetrahydrofuran (THF) Market: Research Methodology 2. Global Tetrahydrofuran (THF) Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Tetrahydrofuran (THF) Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Tetrahydrofuran (THF) Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Tetrahydrofuran (THF) Market Segmentation 4.1 Global Tetrahydrofuran (THF) Market, by Technology (2022-2029) • Reppe Process • Propylene Oxide • Davy Process • Butadiene Process 4.2 Global Tetrahydrofuran (THF) Market, by Application (2022-2029) • Polytetramethylene Ether Glycol (PTMEG) • Solvents • Others 4.3 Global Tetrahydrofuran (THF) Market, by End-User Industry (2022-2029) • Polymer • Textile • Pharmaceutical • Paints and Coatings • Other End-User Industries 5. North America Tetrahydrofuran (THF) Market(2022-2029) 5.1 North America Tetrahydrofuran (THF) Market, by Technology (2022-2029) • Reppe Process • Propylene Oxide • Davy Process • Butadiene Process 5.2 North America Tetrahydrofuran (THF) Market, by Application (2022-2029) • Solvents • Others 5.3 North America Tetrahydrofuran (THF) Market, by End-User Industry (2022-2029) • Polymer • Textile • Pharmaceutical • Paints and Coatings • Other End-User Industries 5.4 North America Tetrahydrofuran (THF) Market, by Country (2022-2029) • United States • Canada • Mexico 6. Europe Tetrahydrofuran (THF) Market (2022-2029) 6.1. European Tetrahydrofuran (THF) Market, by Technology (2022-2029) 6.2. European Tetrahydrofuran (THF) Market, by Application (2022-2029) 6.3. European Tetrahydrofuran (THF) Market, by End-User Industry (2022-2029) 6.4. European Tetrahydrofuran (THF) Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Tetrahydrofuran (THF) Market (2022-2029) 7.1. Asia Pacific Tetrahydrofuran (THF) Market, by Technology (2022-2029) 7.2. Asia Pacific Tetrahydrofuran (THF) Market, by Application (2022-2029) 7.3. Asia Pacific Tetrahydrofuran (THF) Market, by End-User Industry (2022-2029) 7.4. Asia Pacific Tetrahydrofuran (THF) Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Tetrahydrofuran (THF) Market (2022-2029) 8.1 Middle East and Africa Tetrahydrofuran (THF) Market, by Technology (2022-2029) 8.2. Middle East and Africa Tetrahydrofuran (THF) Market, by Application (2022-2029) 8.3. Middle East and Africa Tetrahydrofuran (THF) Market, by End-User Industry (2022-2029) 8.4. Middle East and Africa Tetrahydrofuran (THF) Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Tetrahydrofuran (THF) Market (2022-2029) 9.1. South America Tetrahydrofuran (THF) Market, by Technology (2022-2029) 9.2. South America Tetrahydrofuran (THF) Market, by Application (2022-2029) 9.3. South America Tetrahydrofuran (THF) Market, by End-User Industry (2022-2029) 9.4 South America Tetrahydrofuran (THF) Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 BASF (Germany) 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Ashland (US) 10.3 Dairen Chemical (Taiwan) 10.4 INVISTA (US) 10.5 LyondellBasell (the Netherlands) 10.6 Mitsubishi Chemical (Japan) 10.7 Sipchem (Saudi Arabia) 10.8 Nova Molecular Technologies (US) 10.9 Penn A Kem (US) 10.10 BioAmber (US) 10.11 Sinochem Qingdao (China) 10.12 Tcc Chemical (US) 10.13 Bluestar New Chemical Materials (China) 10.14 Shanxi Sanwei (China) 10.15 Nan Ya Plastics (Taiwan) 10.16 Banner Chemicals Limited 10.17 BASF SE 10.18 BHAGWATI CHEMICALS 10.19 DCC 10.20 Hefei TNJ Chemical Industry Co.,Ltd. 10.21 Henan GP Chemicals Co.,Ltd 10.22 Mitsubishi Chemical Corporation