Global Polytetrahydrofuran (PTMEG) Market to Witness a Pronounce Growth During 2023

New report published by Market Research Report Store (MRRS) which offers insights on the global Polytetrahydrofuran (PTMEG) market.

Polytetrahydrofuran (PTMEG) is a type of polycol prepared from tetrahydrofuran (THF) with the repeat unit [–CH2(CH2)3O–].

It is easily soluble in alcohols, esters, ketones, aromatic and chlorinated hydrocarbons, and insoluble in fatty hydrocarbons or water, white waxy solid at room temperature, when the temperature exceeds room temperature, it becomes transparent liquid.

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Global Polytetrahydrofuran (PTMEG) Market: Forecast by Type / Application / Region

First, the polytetrahydrofuran (PTMEG) industry concentration is not high; there are less than 50 manufacturers in the world, and high-end products are mainly from America, Germany, Taiwan and Japan.

In the world wide, giant manufactures mainly distribute in American, Taiwan and Europe. America and Germany have long history and unshakable status in this industry. In China, the manufactures focus in Jiangsu, Shanxi and Zhejiang province.

Second, many company have several plants, usually close to aimed demand market. There are international companies setting up factories in China too. Some companies usually take a joint venture enter into aim market, like BASF who takes their advantage merge with Markorchem, who is located in Southwestern of China.

Third, all manufactures in the world are committed to the improvement of product. These two years, some of Chinese manufactures can almost catch up with the world's leading technology too.

Fourth, the import and export percent of this industry is not high. Because many international manufactures expand their business through building factories or investments.

Fifth, company mergers and acquisitions, and inter-companies cooperation have occurred for development and growth. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas’ company prefers investing to underdevelopment regions these years.

Sixth, this industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of polytetrahydrofuran (PTMEG) will increase.

Seventh, we tend to believe this industry now is close to mature, and the demand increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

Over the next five years, LPI(LP Information) projects that Polytetrahydrofuran (PTMEG) will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

Global Polytetrahydrofuran (PTMEG) Market: Key Players
BASF
Dairen Chemical Corporation
Mitsubishi Chemical Corporation
Invista
Korea PTG
Formosa Asahi Spandex
BASF Greater China
Dairen Chemical Corporation
Hyosung Chemical Fiber (Jiaxing)
Shanxi Sanwei Group
Sanlong New Materials
Mitsubishi Chemical Corporation (China)
Jianfeng Chemical
Sichuan Lutianhua
Shanxi Shanhua

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Related Information:
United States Polytetrahydrofuran (PTMEG) Market Research Report 2018
Europe Polytetrahydrofuran (PTMEG) Market Research Report 2018
North America Polytetrahydrofuran (PTMEG) Market Research Report 2018
Asia-Pacific Polytetrahydrofuran (PTMEG) Market Research Report 2018
China Polytetrahydrofuran (PTMEG) Market Research Report 2018
EMEA Polytetrahydrofuran (PTMEG) Market Research Report 2018
Global Polytetrahydrofuran (PTMEG) Market Research Report 2018

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