Market Overview:
However, volatility in prices of raw materials may restrain the growth of this market during the forecast period.
Product Definition:
It is a colorless liquid that is soluble in water and ethanol. It occurs naturally in some fruits and vegetables.
Analysis Grade:
It has a pyrrolizidine ring with five carbon atoms and one hydroxyl group. Its salts include 3-hydroxypropionate (HP), 3-hydroxybutyrate (HB), and 3 - hydroxyvalerate (HV).
Industrial Grade:
It has applications as a solvent in paints & coatings industry and for cleaning glass bottles.
Application Insights:
The other segment that includes plasticizers, adhesives and coatings accounted for a significant share in 2017. Increasing demand for these products from various industries such as automotive, construction and packaging is expected to drive the segment growth over the forecast period.
Pesticide intermediate was another prominent segment that accounted for a substantial share in 2017 owing to increasing demand from emerging economies such as China, India and Brazil which are at an early stage of industrialization coupled with high agricultural production globally has led to increased consumption of pesticides globally. This trend is projected to continue over the forecast period thus driving product demand in this application significantly by 2030 ¢â‚¬â€œ 2030 thereby contributing towards overall market growth across all regions during this period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth of this region can be attributed to increasing demand for 3HTHF in China and India on account of rising pharmaceutical industry coupled with rapid expansion of chemical manufacturing sector in these countries. In addition, growing pesticide industry in Asia Pacific is anticipated to drive market growth over the next eight years.
The product demand in Europe was valued at USD X million in 2017 and is projected to grow at a significant rate over the forecast period owing to extensive research activities carried out by major companies operating within this region pertaining to application specific products based on 3HTHF as a raw material. Furthermore, presence of key manufacturers such as BASF SE; Bayer AG; Roquette S.A.; Agrium Inc.
Growth Factors:
- Increasing demand for 3-hydroxytetrahydrofuran in the pharmaceutical and agrochemical industries as a solvent and intermediate.
- Growing popularity of green solvents owing to their environmental benefits over traditional solvents.
- Rising demand from emerging markets such as China and India due to increasing industrialization and growth in the middle-class population.
- Technological advancements that have led to the development of new applications for 3-hydroxytetrahydrofuran, such as its use as a fuel additive or precursor for biofuels production.
Scope Of The Report
Report Attributes
Report Details
Report Title
3-Hydroxytetrahydrofuran Market Research Report
By Type
Analysis Grade, Industrial Grade
By Application
Pharmaceutical Intermediates, Pesticide Intermediates, Others
By Companies
Zhejiang Regen Chemical, Jiangsu Yutian Pharmaceutical, Chireach, Changmao Biochemical Engineering, Costrong, Wisdom Drugs
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global 3-Hydroxytetrahydrofuran Market Report Segments:
The global 3-Hydroxytetrahydrofuran market is segmented on the basis of:
Types
Analysis Grade, Industrial Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical Intermediates, Pesticide Intermediates, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zhejiang Regen Chemical
- Jiangsu Yutian Pharmaceutical
- Chireach
- Changmao Biochemical Engineering
- Costrong
- Wisdom Drugs
Highlights of The 3-Hydroxytetrahydrofuran Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Analysis Grade
- Industrial Grade
- By Application:
- Pharmaceutical Intermediates
- Pesticide Intermediates
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 3-Hydroxytetrahydrofuran Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
3-Hydroxytetrahydrofuran is a chemical compound with the molecular formula HTHF. It is a colorless, volatile liquid that has a sweet odor. 3-Hydroxytetrahydrofuran is used in the manufacture of pharmaceuticals and other chemicals.
Some of the major companies in the 3-hydroxytetrahydrofuran market are Zhejiang Regen Chemical, Jiangsu Yutian Pharmaceutical, Chireach, Changmao Biochemical Engineering, Costrong, Wisdom Drugs.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 3-Hydroxytetrahydrofuran Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 3-Hydroxytetrahydrofuran Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 3-Hydroxytetrahydrofuran Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the 3-Hydroxytetrahydrofuran Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global 3-Hydroxytetrahydrofuran Market Size & Forecast, 2020-2028 4.5.1 3-Hydroxytetrahydrofuran Market Size and Y-o-Y Growth 4.5.2 3-Hydroxytetrahydrofuran Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Analysis Grade
5.2.2 Industrial Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmaceutical Intermediates
6.2.2 Pesticide Intermediates
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 3-Hydroxytetrahydrofuran Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 3-Hydroxytetrahydrofuran Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Analysis Grade
9.6.2 Industrial Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmaceutical Intermediates
9.10.2 Pesticide Intermediates
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Analysis Grade
10.6.2 Industrial Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmaceutical Intermediates
10.10.2 Pesticide Intermediates
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Analysis Grade
11.6.2 Industrial Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmaceutical Intermediates
11.10.2 Pesticide Intermediates
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Analysis Grade
12.6.2 Industrial Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmaceutical Intermediates
12.10.2 Pesticide Intermediates
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Analysis Grade
13.6.2 Industrial Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmaceutical Intermediates
13.10.2 Pesticide Intermediates
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 3-Hydroxytetrahydrofuran Market: Competitive Dashboard
14.2 Global 3-Hydroxytetrahydrofuran Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zhejiang Regen Chemical
14.3.2 Jiangsu Yutian Pharmaceutical
14.3.3 Chireach
14.3.4 Changmao Biochemical Engineering
14.3.5 Costrong
14.3.6 Wisdom Drugs