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Global Polyoxytetramethylene (PTMG) Market Growth 2019-2024

03-31-2019 08:06 PM CET | Science & Education

Press release from: Accurate Research Goal LLP

/ PR Agency: Global Polyoxytetramethylene (PTMG) Market Growth 2019-2024
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Accurate Researchgoal Market

Polyoxytetramethylene (PTMG) is white waxy solid, it is dissoluble in alcohol, ester, ketone, aromatic hydrocarbons and chlorinated hydrocarbon and is insoluble aliphatic hydrocarbon and water. When the temperature exceeds Polyoxytetramethylene (PTMG) would become transparent liquid beyond room temperature.

It is used to make high specification polyurethanes with enhanced properties such as hydrolysis and microbe resistance, good low temperature performance and excellent resistance to abrasion and physical wear.
Polyoxytetramethylene (PTMG) production has relatively low technology barrier and is labor intensive industry. Currently, there are many producing companies in the world polyoxytetramethylene (PTMG) industry. The main market players are BASF, DCC, Invista, Mitsubishi Chemical, Hyosung and Korea PTG. The polyoxytetramethylene (PTMG) industry has a relatively high concentration and the top three accounted for 49.67% in 2015. BASF is the leader in the global market and the production reached 245 K MT then.

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The production of polyoxytetramethylene (PTMG) increases to 1150 K MT in 2016 from 648.4 K MT in 2011 with an average growth rate of about 13.50%. The production market is concentrated in China, USA, Europe, Japan and Asia Other. China is the largest production region and the share reached 40.36% in 2015. The shares of USA, Europe, Japan and Asia Other were 8.50%, 15.05%, 3.14% and 24.95%.
In consumption market, the global sales value decreased with the 13% average descent rate. China is the mainly consumption region due to the bigger demand of downstream applications. This region occupied 35.12% of the global consumption of polyoxytetramethylene (PTMG) in 2015. The sales shares of USA, Europe, Japan and Asia Other were 12.04%, 16.66%, 3.15% and 25.36%.

According to this study, over the next five years the Polyoxytetramethylene (PTMG) market will register a 3.3% CAGR in terms of revenue, the global market size will reach US$ 4580 million by 2024, from US$ 3780 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Polyoxytetramethylene (PTMG) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Polyoxytetramethylene (PTMG) market by product type, application, key manufacturers and key regions and countries.

This study considers the Polyoxytetramethylene (PTMG) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
PTMG 650
PTMG 1000
PTMG 1800
PTMG 2000
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Spandex Fiber
PU Resin
TPEE
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
BASF
Invista
Mitsubishi Chemical
Korea PTG
DCC
Formosa Asahi Spandex
Sanwei
Hyosung
Qingyun
Guodian Younglight
Tianhua Fubang
Jianfeng
Shanxi Coal and Chemical

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Research objectives
To study and analyze the global Polyoxytetramethylene (PTMG) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Polyoxytetramethylene (PTMG) market by identifying its various subsegments.
Focuses on the key global Polyoxytetramethylene (PTMG) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Polyoxytetramethylene (PTMG) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the consumption of Polyoxytetramethylene (PTMG) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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Researchgoal Market Insights is a leading market intelligence company that Sales reports of top publishers in the technology industry.
Our extensive research reports cover detailed market assessments that include major technological improvements in the industry. Researchgoal Market Insights also specializes in analyzing hi-tech systems and current processing systems in its expertise.
We have a team of experts that compile precise research reports and actively advise top companies to improve their existing processes. Our experts have extensive experience in the topics that they cover.
Researchgoal Market Insights provides you the full spectrum of services related to market research, and corroborate with the clients to increase the revenue stream, and address process gaps.

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"Polyoxytetramethylene (PTMG) is white waxy solid, it is dissoluble in alcohol, ester, ketone, aromatic hydrocarbons and chlorinated hydrocarbon and is insoluble aliphatic hydrocarbon and water. When the temperature exceeds Polyoxytetramethylene (PTMG) would become transparent liquid beyond room temperature.It is used to make high specification polyurethanes with enhanced properties such as hydrolysis and microbe resistance, good low temperature performance and excellent resistance to abrasion and physical wear." Published by: GIR (GlobalInfoResearch) Catalog: Chemical