Tetrahydrofuran Market Size & Share, by Application {Solvent, Polytetramethylene Ether Glycol (PTMEG)}; Technology (Davy, Reppe, Butadiene, Propylene Oxide Process); End-user (Textile, Pharmaceutical, Paints, Coatings, Polymer) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 3166
  • Published Date: Mar 06, 2023
  • Report Format: PDF, PPT

Companies Dominating the Tetrahydrofuran Landscape

top-features-companies
    • BASF

      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Mitsubishi Chemical Corporation
    • Banner Chemicals Limited
    • Ashland Global Holdings Inc.
    • DCC plc
    • Dairen Chemical Corporation
    • LyondellBasell Industries Holdings B.V.
    • Koch Industries, Inc.
    • Nova Molecular Technologies, Inc.
    • PENNAKEM, LLC

Browse Key Market Insights with Data Illustration:

In-the-news

In The News

  • BASF announced that it will increase the selling prices for butanediol and its derivatives, including tetrahydrofuran in the European Union. These products are widely used for producing solvents, polyurethanes and elastic spandex.

  • Ashland Global Holdings, Inc. releases the new prices of various chemical products, including 1,4 butanediol, tetrahydrofuran, gamma-butyrolactone, n-methyl-pyrrolidone, and others. the price of tetrahydrofuran increases by USD 0.15 per pound.


Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 3166
  • Published Date: Mar 06, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing construction and chemical industry, rising consumption of medicines, and higher production of plastics are the major factors driving the market growth.

The market is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2023-2035.

Harmful effect of tetrahydrofuran on health, and they are highly inflammable and carcinogenic in nature are estimated to be the growth hindering factors for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The market is anticipated to attain a CAGR of ~8% over the forecast period, i.e., 2023 – 2035.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by application, technology, end user, and by region.

The polytetramethylene ether glycol (PTMEG) segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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