Market Overview:
The global THF-OL market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for THF-OL in pharmaceutical intermediates and pesticide intermediates applications. North America is expected to dominate the global THF-OL market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
THF-OL is an abbreviation for Tetrahydrofuran-2-One. It is a colorless liquid that has a sweet odor. THF-OL is important because it can be used as a solvent in many different applications.
R-3-THF-OL:
R-3-THF-OL, also known as 3,5-dimethylhexane oleate is a chemical intermediate used in the production of THF (Tetrahydrofuran) which is an organic liquid. It's major application is in producing polyurethanes and other elastomers.
S-3-THF-OL:
S-3-THF-OL is a special type of THF that has three carbon atoms in the molecule.
Application Insights:
The global THF-OL market has been segmented on the basis of application into pharmaceutical intermediates, pesticides intermediates and other products such as industrial chemicals and lubricants. The other products segment held the largest share in 2017 due to increasing demand for lubricants from various industries including automotive, construction equipment and food machinery among others.
Pesticides intermediate is anticipated to be one of the fastest growing segments over the forecast period owing to high product demand in this industry. Pesticide intermediate is used as a raw material for manufacturing several pesticides which are further utilized across different applications such as agricultural chemicals, herbicides/weedkillers among others. Increasing use of weedkillers containing chlorinated hydrocarbon derivatives along with an increase in awareness regarding health hazards associated with these compounds is expected to drive overall product demand from pesticide intermediates over next few years thereby fueling growth across all regions under consideration during analysis period (2016 -2030).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of major chemical manufacturing companies, such as Nippon Paint Holdings Co., Ltd.; Lanxess AG; and Sinopec Shanghai Petrochemical Corporation, has resulted in high demand for THF-OL across Asia Pacific. In addition, increasing production capacities of various end-use industries coupled with rising R&D expenditure by key players is anticipated to drive regional growth over the coming years.
Europe accounted for a significant share owing to growing demand from several major end-use industries including agrochemicals and pharmaceuticals. Stringent regulations on reducing Greenhouse Gas (GHG) emissions have resulted in increased focus on biofuels which are expected to positively impact product consumption across Europe during the forecast period.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and furniture owing to its properties such as low toxicity, non-flammability, and environmental friendliness.
- Rising awareness about the benefits of THF-OL among consumers due to increasing marketing and promotional activities by market players.
- Growing investments by key market players in research & development (R&D) activities to develop new applications for THF-OL products.
- Expansion of production capacities by key manufacturers to cater to the growing demand for THF-OL products worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
THF-OL Market Research Report
By Type
R-3-THF-OL, S-3-THF-OL, Rac-3-THF-OL
By Application
Pharmaceutical Intermediates, Pesticide Intermediates
By Companies
Zhejiang Regen Chemical, Jiangsu Yutian Pharmaceutical, Chireach, Changmao Biochemical Engineering, Costrong, Zhejiang Regen Chemical
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
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global THF-OL Market Report Segments:
The global THF-OL market is segmented on the basis of:
Types
R-3-THF-OL, S-3-THF-OL, Rac-3-THF-OL
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
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
- Zhejiang Regen Chemical
Highlights of The THF-OL 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:
- R-3-THF-OL
- S-3-THF-OL
- Rac-3-THF-OL
- By Application:
- Pharmaceutical Intermediates
- Pesticide Intermediates
- 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 THF-OL 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?
THF-OL is a mixture of tetrahydrofuran and oleic acid. It is used as a solvent and in the production of plastics.
Some of the major players in the thf-ol market are Zhejiang Regen Chemical, Jiangsu Yutian Pharmaceutical, Chireach, Changmao Biochemical Engineering, Costrong, Zhejiang Regen Chemical.
The thf-ol market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 THF-OL 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 THF-OL Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 THF-OL 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 THF-OL 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 THF-OL Market Size & Forecast, 2020-2028
4.5.1 THF-OL Market Size and Y-o-Y Growth
4.5.2 THF-OL 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 R-3-THF-OL
5.2.2 S-3-THF-OL
5.2.3 Rac-3-THF-OL
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
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global THF-OL 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 THF-OL 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 R-3-THF-OL
9.6.2 S-3-THF-OL
9.6.3 Rac-3-THF-OL
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
9.11 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 R-3-THF-OL
10.6.2 S-3-THF-OL
10.6.3 Rac-3-THF-OL
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
10.11 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 R-3-THF-OL
11.6.2 S-3-THF-OL
11.6.3 Rac-3-THF-OL
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
11.11 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 R-3-THF-OL
12.6.2 S-3-THF-OL
12.6.3 Rac-3-THF-OL
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
12.11 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 R-3-THF-OL
13.6.2 S-3-THF-OL
13.6.3 Rac-3-THF-OL
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
13.11 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 THF-OL Market: Competitive Dashboard
14.2 Global THF-OL 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 Zhejiang Regen Chemical
