Global Tetrahydrofuran Market Growth 2023-2029

Global Tetrahydrofuran Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Tetrahydrofuran Industry Forecast” looks at past sales and reviews total world Tetrahydrofuran sales in 2022, providing a comprehensive analysis by region and market sector of projected Tetrahydrofuran sales for 2023 through 2029. With Tetrahydrofuran sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tetrahydrofuran industry.
This Insight Report provides a comprehensive analysis of the global Tetrahydrofuran landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Tetrahydrofuran portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Tetrahydrofuran market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tetrahydrofuran and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Tetrahydrofuran.
The global Tetrahydrofuran market size is projected to grow from US$ 2637.4 million in 2022 to US$ 3579.6 million in 2029; it is expected to grow at a CAGR of 3579.6 from 2023 to 2029.
The major players in global Tetrahydrofuran market include BASF, Invista, etc. The top 2 players occupy about 40% shares of the global market. Asia is the main market, and occupies about 50% of the global market. The Dehydration of 1,4-Butanediol is the main type, with a share about 70%. PTMEG is the main application, which holds a share about 80%.
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.
Market Segmentation:
Segmentation by type
The Dehydration of 1,4-Butanediol
Maleic Anhydride Method
Furfural Method
Others
Segmentation by application
PTMEG
Adhesives
Pharmaceutical
Coatings
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BASF
Invista
Penn A Kem
LyondellBasell
Ashland
Mitsubishi
Korea PTG
Sipchem
Dairen Chem
Bluestar Chem
Qianguo Chem
Markor Chem
Shanxi Sanwei Group
Zibo Hualiyuan
Key Questions Addressed in this Report
What is the 10-year outlook for the global Tetrahydrofuran market?
What factors are driving Tetrahydrofuran market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Tetrahydrofuran market opportunities vary by end market size?
How does Tetrahydrofuran break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.