Press release
Tetrahydrofuran Market: Competitive Dynamics & Global Outlook 2023
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.
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Global Tetrahydrofuran Market: Forecast by Type / Application / Region
Currently, tetrahydrofuran market has a certain potential in USA, Europe, China and Asia (Ex: China). These areas demand grows stably. During these years, China's tetrahydrofuran industry maintains a rapid growth.
There are some technologies of tetrahydrofuran production. All manufacturers in the world are committed to the improvement of product. At the same time, Chinese manufacturers are improving their technology.
Over the next five years, LPI(LP Information) projects that Tetrahydrofuran will register a 5.7% CAGR in terms of revenue, reach US$ 3050 million by 2023, from US$ 2180 million in 2017.
Global Tetrahydrofuran Market: Key Players
BASF
Invista
Penn A Kem
LyondellBasell
Ashland
Mitsubishi
Korea PTG
Sipchem
Dairen Chem
Bluestar Chem
Qianguo Chem
Markor Chem
Shanxi Sanwei Group
Zibo Hualiyuan
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Related Information:
United States Tetrahydrofuran Market Research Report 2018
Europe Tetrahydrofuran Market Research Report 2018
North America Tetrahydrofuran Market Research Report 2018
Asia-Pacific Tetrahydrofuran Market Research Report 2018
China Tetrahydrofuran Market Research Report 2018
EMEA Tetrahydrofuran Market Research Report 2018
Global Tetrahydrofuran Market Research Report 2018
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Introduction:
Tetrahydrofuran (THF) is a colorless, water-miscible organic solvent with the chemical formula C4H8O. It is a cyclic ether commonly used in the production of polymers, especially as a precursor to polytetramethylene ether glycol (PTMEG), and as a solvent in various industrial applications due to its excellent solvating properties. THF is valued for its ability to dissolve a wide range of nonpolar and polar compounds, making it essential in chemical synthesis…
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