Global Poly Tetramethylene Ether Glycol (PTMG) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Poly Tetramethylene Ether Glycol (PTMG) market size was valued at US$ 5710 million in 2024 and is forecast to a readjusted size of USD 7083 million by 2031 with a CAGR of 3.3% during review period.

Poly Tetramethylene Ether Glycol (PTMG) is white waxy solid, it is dissoluble in alcohol, ester, ketone, aromatic hydrocarbons and chlorinated hydrocarbon and is insoluble aliphatic hydrocarbon and water. When the temperature exceeds Poly Tetramethylene Ether Glycol (PTMG) would become transparent liquid beyond room temperature. It is used to make high specification polyurethanes with enhanced properties such as hydrolysis and microbe resistance, good low temperature performance and excellent resistance to abrasion and physical wear. The Poly Tetramethylene Ether Glycol (PTMG) market covers PTMG 650, PTMG 1000, PTMG 1800/2000, Others, etc. The typical players include BASF, The Lycra Company, Mitsubishi Chemical, Korea PTG, DCC, Formosa Asahi Spandex, Sanwei, Hyosung, etc.

Poly Tetramethylene Ether Glycol (PTMG) is white waxy solid, it is dissoluble in alcohol, ester, ketone, aromatic hydrocarbons and chlorinated hydrocarbon and is insoluble aliphatic hydrocarbon and water. Poly Tetramethylene Ether Glycol (PTMG) would become transparent liquid beyond room temperature.

It is used to make high specification Spandex Fibers with enhanced properties such as hydrolysis and microbe resistance, good low temperature performance and excellent resistance to abrasion and physical wear.

The Poly Tetramethylene Ether Glycol (PTMG) market covers PTMG 650, PTMG 1000, PTMG 1800/2000, Others, etc. The typical players include BASF, Mitsubishi Chemical, Korea PTG, DCC, Formosa Asahi Spandex, Sanwei, Hyosung, etc.

China is the largest spandex production region, accounting for a large proportion of PTMG consumption. In addition, Southeast Asian countries such as Vietnam and Thailand also have good spandex production capacity and export base, which further promotes the consumption of PTMG products.

Market Challenges and Risks

Fluctuations in raw material supply and prices are one of the main obstacles to the growth of the PTMG market. Rising raw material prices will lead to increased production costs, which in turn affects the market competitiveness of products.

The PTMG market is limited by production processes and high costs. Some companies may not be able to achieve efficient production due to limited technical research and development capabilities, thereby reducing market competitiveness.

Increasingly stringent environmental protection policies have put forward higher requirements for pollutant emissions in the PTMG production process. Some small factories that do not meet environmental protection requirements may be forced to suspend or reduce production, which to a certain extent affects the overall market supply scale and market pattern.

Market Prospects and Trends

With the acceleration of global industrialization and the development of emerging economies, the market demand for PTMG will continue to grow. In particular, driven by the rapid development of industries such as textiles, automobiles, construction and medical care, the PTMG market has broad prospects.

When facing market challenges, companies need to pay close attention to market dynamics and technological development trends, strengthen technological research and development and innovation capabilities to reduce costs and improve product quality. At the same time, we also need to actively respond to the requirements of environmental protection policies and strengthen pollution control and emission reduction to achieve sustainable development.

This report is a detailed and comprehensive analysis for global Poly Tetramethylene Ether Glycol (PTMG) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Poly Tetramethylene Ether Glycol (PTMG) market size and forecasts, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (USD/MT), 2020-2031

Global Poly Tetramethylene Ether Glycol (PTMG) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (USD/MT), 2020-2031

Global Poly Tetramethylene Ether Glycol (PTMG) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (USD/MT), 2020-2031

Global Poly Tetramethylene Ether Glycol (PTMG) market shares of main players, shipments in revenue ($ Million), sales quantity (Kilotons), and ASP (USD/MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Poly Tetramethylene Ether Glycol (PTMG)

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Poly Tetramethylene Ether Glycol (PTMG) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BASF, The Lycra Company, Mitsubishi Chemical, Korea PTG, DCC, Formosa Asahi Spandex, Sanwei, Hyosung, Qingyun, Sinopec Great Wall Energy, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Poly Tetramethylene Ether Glycol (PTMG) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
PTMG 650
PTMG 1000
PTMG 1800/2000
Others

Market segment by Application
Spandex Fiber
COPE
PU Elastomer
Others

Major players covered
BASF
The Lycra Company
Mitsubishi Chemical
Korea PTG
DCC
Formosa Asahi Spandex
Sanwei
Hyosung
Qingyun
Sinopec Great Wall Energy
Tianhua Fubang
Jianfeng
Shanxi Coal & Chemical

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Poly Tetramethylene Ether Glycol (PTMG) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Poly Tetramethylene Ether Glycol (PTMG), with price, sales quantity, revenue, and global market share of Poly Tetramethylene Ether Glycol (PTMG) from 2020 to 2025.

Chapter 3, the Poly Tetramethylene Ether Glycol (PTMG) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Poly Tetramethylene Ether Glycol (PTMG) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Poly Tetramethylene Ether Glycol (PTMG) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Poly Tetramethylene Ether Glycol (PTMG).

Chapter 14 and 15, to describe Poly Tetramethylene Ether Glycol (PTMG) sales channel, distributors, customers, research findings and conclusion.