United States Tetrahydrofuran (THF) Market 2031 | Growth Drivers, Trends & Market Forecast, Competitive Landscape & Investment Opportunities

Market Size and Growth

The Tetrahydrofuran (THF) Market is forecast to reach at a high CAGR during the forecast period (2024-2031)

Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://www.datamintelligence.com/download-sample/tetrahydrofuran-market?sb

Key Development:

United States: Recent Industry Developments (THF)

✅ In November 2025, BASF announced a structural consolidation of its global polytetrahydrofuran (PolyTHF) operations shifting Asian production to China and maintaining THF/PolyTHF supply to customers via its U.S. site in Geismar, Louisiana.

✅ In March 2025, BASF raised the price of THF (and select diols/derivatives) in the United States and Canada by US$ 0.10/lb, effective April, reflecting supply‐cost and market conditions.

✅ In July 2025, a major U.S. chemical company announced plans to expand its THF production capacity by 20%, targeting rising demand from battery‐grade electrolytes and specialty polymer applications.

✅ In September 2025, spot‐price indexes for THF in North America showed a modest quarterly price increase, driven by steady demand from downstream PTMEG, coatings, and polymers indicating resilience despite broader market volatility.

Japan: Recent Industry Developments (THF)

✅ In late 2025, Japanese chemical players reportedly increased supply of low‐emission and "sustainable" THF grades in response to growing demand from battery‐electrolyte, electronics and specialty polymer segments.

✅ In Q3 2025 (September), the THF price index in Northeast Asia was reported at ~ USD 1.59/kg, with a slight downward shift reflecting balanced supply conditions and cautious procurement amidst weaker downstream demand.

✅ In 2025, Asia‐Pacific demand (including Japan) for THF as precursor to polymer and PTMEG for spandex and elastomer applications remained strong, supporting continued THF production and supply stability in Japanese markets.

✅ In 2025, regional regulatory and sustainability trends in Japan prompted interest in certified/bio‐balanced chemical intermediates encouraging suppliers to promote THF grades aligned with lower‐emission and "green chemistry" practices.

Buy Now & Unlock 360° Market Intelligence: https://www.datamintelligence.com/buy-now-page?report=tetrahydrofuran-market

Key Players:

=> INVISTA, Sipchem, Penn A Kem, Mitsubishi Chemical, BASF, Dairen Chemical, Ashland, LyondellBasell, Nova Molecular Technologies, BioAmber, and others.

Key Segments:

By Technology

The Reppe Process holds 30% share, driven by its cost-effectiveness and strong adoption in PTMEG production for elastomers and polyurethane applications. The Davy Process accounts for 25%, supported by its reliability in producing high-purity intermediates for specialty chemicals. The Propylene Oxide Process contributes 28%, reflecting its widespread use in solvent production and intermediate chemicals for polyurethanes and coatings. The Butadiene Process makes up 17%, fueled by demand in rubber manufacturing, synthetic elastomers, and industrial chemicals.

By Application

Polytetramethylene Ether Glycol (PTMEG) dominates with 45% share, driven by growing demand in spandex fibers, elastomers, and high-performance polyurethane applications. Solvents account for 35%, supported by extensive usage in coatings, adhesives, pharmaceuticals, and industrial chemicals. Other applications contribute 20%, including specialty chemicals, intermediates, and emerging green chemical technologies.

Speak to Our Analyst and Get Customization in the report as per your requirements: https://www.datamintelligence.com/customize/tetrahydrofuran-market?sb

By Region

Asia Pacific - 40% Share
Asia Pacific leads with 40%, driven by large-scale chemical manufacturing, rapid industrialization, and high demand for PTMEG and solvents in China, India, Japan, and Southeast Asia.

North America - 25% Share
North America holds 25%, supported by well-established chemical industries, innovation in specialty chemicals, and strong end-user demand in automotive, construction, and industrial sectors.

Europe - 20% Share
Europe accounts for 20%, fueled by stringent quality standards, expanding polyurethane and elastomer industries, and adoption of eco-friendly chemical processes in Germany, France, and Italy.

Latin America - 7% Share
Latin America represents 7%, driven by industrial chemical growth in Brazil and Argentina and increasing adoption of high-performance polymers and solvents.

Middle East & Africa - 8% Share
Middle East & Africa hold 8%, supported by expanding chemical manufacturing, oil & gas-based intermediates, and rising demand for industrial solvents and PTMEG in emerging markets.

Unlock 360° Market Intelligence with DataM Subscription Services: https://www.datamintelligence.com/reports-subscription?sb

Power your decisions with real-time competitor tracking, strategic forecasts, and global investment insights all in one place.

✅ Competitive Landscape
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Unmet Needs & Positioning, Pricing & Market Access Snapshots
✅ Market Volatility & Emerging Risks Analysis
✅ Quarterly Industry Report Updated
✅ Live Market & Pricing Trends
✅ Import-Export Data Monitoring

Have a look at our Subscription Dashboard: https://www.youtube.com/watch?v=x5oEiqEqTWg?sb

Contact Us -

Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.