openPR Logo
Press release

Tetrahydrofuran Market Latest Trends 2018 | Top Manufacturers - BASF Corporation, Dairen Chemical Corporation, Merck KGaA, Technical Chemical Company, Mitsubishi Chemical Corporation, Ashland, INVISTA, BioAmber and Credence Chem Private Limited

07-13-2018 08:33 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Tetrahydrofuran Market is segmented on the basis of Application and Region

Tetrahydrofuran Market is segmented on the basis of Application and Region

Tetrahydrofuran Market – Market Overview

Tetrahydrofuran (THF) is a highly volatile organic substance used as raw material for ether formulation by polymerization. It is synthesized by dehydrating butanediol (BDO) using any of the following processes which includes reppe, furfural, butadiene, and davy process. THF is widely used in the synthesis of other organic substances. The product finds application in resin, solvents, and polytetramethylene ether glycol (PTMEG). Polytetramethylene accounted for the largest market share owing to increasing demand for the skin –tight garments. PTMEG is widely used in the production of spandex fibres and polyurethane elastomers.

Growing textile industry with surging demand for the sportswear, trendy garments and casuals coupled with changing fashion trends is driving the market growth. Rising fitness activities as a result of health consciousness among the consumers is fuelling the product demand. The product use is increasing in adhesives, coatings, and inks owing to enlarging demand from the end use industries such as automotive, construction, paints & coatings, and packaging industry. Growing sports industry with rising interest of the consumers towards adventure sports, tracking and other activities for fitness is uplifting the market growth. The product consumption is increasing in automobiles and building & construction industry owing to greater load bearing capacity, high impact strength and abrasion resistance.

Get a Sample Report for Brief Overview @ https://www.marketresearchfuture.com/sample_request/5804

Asia Pacific accounted for the largest market share in the Tetrahydrofuran Market as a result of rapidly expanding textile industry in the developing economies such as India and China. Additionally, during 2016-17, total fibre exports of India reached to USD 598 billion. However, rising imports post GST implementation are affecting the growth of textile industry in India. Increasing spending on sportswear by the consumers is driving the market growth in India further.

Tetrahydrofuran Market – Competitive Analysis

Tetrahydrofuran is at the growth stage and is expanding rapidly across the globe especially in the Asia pacific region owing to the expanding textile industry. Some of the growing trends noticed among the market players are acquisition. However, some market players have stopped production of THF and butanediol as a result of fire incidences happened at their manufacturing plants. For instance, BASF SE is expanding its manufacturing capacity of the Tetrahydrofuran under the brand name Cellasto in Gujarat. This is with respect to the growing demand for the product from the automotive industry coupled with increasing spending on the vehicles by the middle income group in India.

Industry/ Innovation/ Related News:

January, 2018 - BASF Corporation closed its THF and butanediol plant in North America post two events that happened at Geismar, Louisiana, manufacturing facility.

October, 2017– INVISTA, a leading integrated producer of chemical intermediates, polymers, and fibers, signed aggrement to sell its apparel and advanced textiles business to Shandong Ruyi Investment Holding. INVISTA will retain intellectual property rights for 1.4 butanediol (BDO), tetrahydrofuran (THF), and polytetramethylene ether glycol (PTMEG) technologies.

August, 2017– Ashland has stopped production of 1.4 butanediol and tetrahydrofuran (THF) in Europe after the fire incidence took place at its manufacturing facility at Marl, Germany.

Access Complete Report @ https://www.marketresearchfuture.com/reports/tetrahydrofuran-market-5804

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Tetrahydrofuran Market Latest Trends 2018 | Top Manufacturers - BASF Corporation, Dairen Chemical Corporation, Merck KGaA, Technical Chemical Company, Mitsubishi Chemical Corporation, Ashland, INVISTA, BioAmber and Credence Chem Private Limited here

News-ID: 1124004 • Views:

More Releases from Market Research Future

Logistics & Supply Chain Market By Business Top Key Players, Growth, Trend, Segmentation, Revenue and Industry Expansion Forecast Report
Logistics & Supply Chain Market By Business Top Key Players, Growth, Trend, Segm …
The logistics and supply chain market is a critical backbone of global commerce, ensuring the seamless flow of goods from production to consumption. It encompasses a vast network of processes, technologies, and providers working together to deliver products to customers efficiently and cost-effectively. Logistics & Supply Chain Market was valued at USD 9.1 Billion in 2024 and is expected to reach USD 14.72 Billion by 2032, registering a CAGR of 6.20%
Green Steel Market Overview, Growth, Trends, Demand, Types, Technology, Industry Analysis and Forecasts Research Report 2032 Trends, and Forecast 2024 - 2032
Green Steel Market Overview, Growth, Trends, Demand, Types, Technology, Industry …
Steel, a fundamental material in modern infrastructure and industry, has long been associated with high carbon emissions and environmental impact. However, as the world transitions towards a more sustainable future, the steel industry is undergoing a significant transformation, driven by the emergence of green steel. The Green Steel Market was valued US$ 0.41 Bn in 2024 and is expected to reach US$ 171.40 Bn by 2032, at a CAGR of 112.5%
Contract Logistics Market Share 2024 Global Future Regional Trend, Leading Players Forecast to 2032
Contract Logistics Market Share 2024 Global Future Regional Trend, Leading Playe …
In the intricate landscape of global commerce, logistics stands as the backbone, ensuring the seamless movement of goods from point of origin to the final destination. Within this domain, contract logistics emerges as a pivotal sector, offering tailored solutions to businesses aiming to optimize their supply chain operations. As the world witnesses exponential growth in e-commerce, globalization, and customer expectations, the contract logistics market has experienced a surge in demand
GDust Suppression Control Market Trends, Recent Developments and Technology, Size, Share, Future Growth, Forecast Research Report 2032 
GDust Suppression Control Market Trends, Recent Developments and Technology, Siz …
Dust suppression control has become a crucial aspect of various industries, ranging from construction and mining to agriculture and manufacturing. The market for dust suppression control is driven by the need to comply with environmental regulations, protect worker health, and improve overall operational efficiency. This article explores the key drivers, trends, restraints, and opportunities in the dust suppression control market. The Dust Suppression Control Market is estimated at US$ 13.65 billion

All 5 Releases


More Releases for Tetrahydrofuran

Tetrahydrofuran Market: Competitive Dynamics & Global Outlook 2023
New report published by Market Research Report Store (MRRS) which offers insights on the global Tetrahydrofuran market. 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
Tetrahydrofuran Market to observe high growth by 2024
Tetrahydrofuran Market: Overview Tetrahydrofuran (THF) is a general-purpose, highly volatile organic solvent. It is a colorless, water-miscible, and mobile liquid. THF offers very good solvent power for numerous organic substances and is used as a starting material for various syntheses. At present, THF is produced by either of two methods: the Reppe process and the furfural process. The Reppe process is preferred over the furfural process as the former is completely
Tetrahydrofuran Market to observe high growth by 2024
Tetrahydrofuran Market: Overview Tetrahydrofuran (THF) is a general-purpose, highly volatile organic solvent. It is a colorless, water-miscible, and mobile liquid. THF offers very good solvent power for numerous organic substances and is used as a starting material for various syntheses. At present, THF is produced by either of two methods: the Reppe process and the furfural process. The Reppe process is preferred over the furfural process as the former is completely
Tetrahydrofuran Market Trends,Outlook and Opportunity | 2024
Tetrahydrofuran (THF) is a general-purpose, highly volatile organic solvent. It is a colorless, water-miscible, and mobile liquid. THF offers very good solvent power for numerous organic substances and is used as a starting material for various syntheses. Read Report Overview @ https://www.transparencymarketresearch.com/tetrahydrofuran-market.html At present, THF is produced by either of two methods: the Reppe process and the furfural process. The Reppe process is preferred over the furfural process as the former is completely
Tetrahydrofuran Market - Industry Analysis and Forecast 2016 - 2024
Tetrahydrofuran Market: Overview Tetrahydrofuran (THF) is a general-purpose, highly volatile organic solvent. It is a colorless, water-miscible, and mobile liquid. THF offers very good solvent power for numerous organic substances and is used as a starting material for various syntheses. At present, THF is produced by either of two methods: the Reppe process and the furfural process. The Reppe process is preferred over the furfural process as the former is completely
Global Tetrahydrofuran Market Outlook and Forecast by 2022
Summary Orbis Research released a new research report of 110 pages on title ‘Global Tetrahydrofuran Detailed Analysis Report 2017-2022’ with detailed analysis, forecast and strategies. Description The Global Tetrahydrofuran Detailed Analysis Market report offers a comprehensive evaluation of the Global Tetrahydrofuran Detailed Analysis industry. This report evaluates the Global market for " Global Tetrahydrofuran Detailed Analysis". The Global Tetrahydrofuran Detailed Analysis Market report provides complete analysis of the Global Tetrahydrofuran Detailed Analysis