Tetrahydrofuran (THF) Market


Posted October 15, 2018 by rdagade

Global Tetrahydrofuran (THF) Market is expected to reach USD 4.33 Billion by 2024 from USD 2.79 Billion in 2016 at a CAGR of 6.5 %.

 
Tetrahydrofuran (THF) Market – Industry Analysis and Forecast (2017-2024) _ by Technology (Reppe Process, Propylene Oxide Process, Davy Process and Butadiene Process), by Application (Polytetramethylene Ether Glycol (PTMEG), Solvents and Others), and by Geography (North America, Europe, Asia Pacific, Middle East & Africa and Latin America)

Tetrahydrofuran (THF) Market is a colorless, water miscible and highly volatile organic solvent. THF exhibits very good solvent power for various organic substances and is used as a starting material for several syntheses.


Tetrahydrofuran (THF) Market valued USD 2.79 Billion in 2016 and expected to reach USD 4.33 Billion by 2024, at a CAGR of 6.5%.

Report includes assessment of Tetrahydrofuran (THF) Market definition along with the identification of key players and analysis of their strategies, complete quantitative analysis of the industry from 2016 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities, market analysis and comprehensive segmentation with respect to the technology, application, and geography to assist in strategic business planning.

The increasing demand for spandex fiber, rising demand for polyurethane (PU) is expected to propel the Tetrahydrofuran (THF) Market growth during the forecast period.

The Reppe process segment is expected to witness significant market growth:

The growth of this segment is attributed to the high production efficiency of Reppe process and safety allied with this process.

The PTMEG application segment is expected to grow at a high CAGR during the forecast period:

The growth of this segment is attributed to the extensive use of PTMEG in the production of polyurethane and spandex.

Asia Pacific is expected to hold a major chunk of the market during the forecast period:

Tetrahydrofuran (THF) Market is due to their packaging, automotive, flourishing textile and chemical industries.

Scope of the Report:

Tetrahydrofuran Market, By Technology: Reppe Process, Propylene Oxide, Davy Process, and Butadiene Process

Tetrahydrofuran Market, By Application: Polytetramethylene Ether Glycol (PTMEG), Solvents, and Others

Tetrahydrofuran Market, By Geography: North America, Europe, Asia Pacific, Middle East, Africa and Latin America.

Tetrahydrofuran Market, By Technology: Reppe Process, Propylene Oxide, Davy Process, and Butadiene Process

Tetrahydrofuran Market, By Application: Polytetramethylene Ether Glycol (PTMEG), Solvents, and Others

Tetrahydrofuran Market, By Geography: North America, Europe, Asia Pacific, Middle East, Africa and Latin America
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Market research company
Phone 02066303320
Business Address Omkar Heights,
Sinhagad Road,
Country India
Categories Business
Tags market research company , tetrahydrofuran thf market
Last Updated October 15, 2018