Market Overview:
The global poly tetrahydrofuran 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 poly tetrahydrofuran from various applications such as pharmaceuticals, chemicals, and others. Poly tetrahydrofuran is also used as a solvent in various industries such as pharmaceuticals, agrochemicals, and others. North America dominates the global poly tetrahydrofuran market followed by Europe and Asia Pacific.
Product Definition:
A polymer of tetrahydrofuran, a cyclic ether. Poly tetrahydrofuran is used as a plasticizer, especially in polyvinyl chloride products.
Pharmaceutical Grade:
Pharmaceutical grade is a product that has passed the test of quality and purity as per the international standards. It is used in various pharmaceutical products such as vaccines, antibiotics, enzymes, hormones and others. Pharmaceutical grade HFE/TPO can be extracted from human blood by plasma separation techniques which separate it from other components like proteins and RBCs (red blood cells).
HFE/TPO have been studied extensively for their potential use in cancer therapy.
Industrial Grade:
Industrial grade is a type of poly tetrahydrofuran (PTHF) that has been processed to remove impurities. It is used in various applications such as construction, electronics, and textile industries. Industrial grade PTHF has higher purity levels which makes it suitable for the above-mentioned application industries.
The industrial process to produce high purity PTHF involves two major steps i.e.
Application Insights:
The others segment includes the automotive industry, construction industry and packaging. The demand for PTHF in this application is expected to witness a CAGR of XX% from 2018 to 2030 owing to its properties such as low water solubility, high thermal stability and excellent chemical resistance that are likely to drive its demand in industrial applications over other types of poly tetrahydrofuran.
In terms of volume, the medicine application dominated the global market with a share of 55.1% in 2017 on account of extensive usage as an active pharmaceutical ingredient (API) in various drugs including analgesic tablets & capsules, anti-diabetic & antidiabetic pills/caplets/tablespoons and blood glucose regulators among others across the globe.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to maintain its position over the forecast period. The region is also projected to be one of the fastest-growing markets for poly tetrahydrofuran during the same period. This can be attributed to increasing demand from countries, such as China, India, Japan and South Korea. In addition, rising healthcare awareness coupled with growing pharmaceutical industry in these countries will drive product demand further.
The Asia Pacific market was followed by Europe which accounted for a share of more than 20% in terms of revenue in 2017 owing to high consumption levels across several end-use industries including construction & housing; automotive; electronics & appliances; textile machinery; food processing equipment among others.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and electronics
- Growing awareness about the benefits of poly tetrahydrofuran among consumers
- Rising investments by key players in research and development activities to develop new applications for poly tetrahydrofuran
- Expansion of manufacturing capacities by key players to cater to the growing demand for poly tetrahydrofuran globally
- Growing popularity of green solvents owing to their environmental friendly nature
Scope Of The Report
Report Attributes
Report Details
Report Title
Poly Tetrahydrofuran Market Research Report
By Type
Pharmaceutical Grade, Industrial Grade, Others
By Application
Medicine, Chemical Industry, Others
By Companies
Ashland, DynaChem Inc, Hongye Chemical, Mitsubishi Chemical, Sinochem Qingdao
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Poly Tetrahydrofuran Market Report Segments:
The global Poly Tetrahydrofuran market is segmented on the basis of:
Types
Pharmaceutical Grade, Industrial Grade, Others
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
Medicine, Chemical Industry, 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:
- Ashland
- DynaChem Inc
- Hongye Chemical
- Mitsubishi Chemical
- Sinochem Qingdao
Highlights of The Poly Tetrahydrofuran 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:
- Pharmaceutical Grade
- Industrial Grade
- Others
- By Application:
- Medicine
- Chemical Industry
- 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 Poly Tetrahydrofuran 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?
Poly Tetrahydrofuran is a chemical compound with the formula H 2 (CH 2 ) 10 C. It is a colorless liquid that has a sweet odor. Poly Tetrahydrofuran is used in manufacturing polyurethanes and other plastics.
Some of the major companies in the poly tetrahydrofuran market are Ashland, DynaChem Inc, Hongye Chemical, Mitsubishi Chemical, Sinochem Qingdao.
The poly tetrahydrofuran market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Poly Tetrahydrofuran Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Poly Tetrahydrofuran Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Poly Tetrahydrofuran Market - Supply Chain
4.5. Global Poly Tetrahydrofuran Market Forecast
4.5.1. Poly Tetrahydrofuran Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Poly Tetrahydrofuran Market Size (000 Units) and Y-o-Y Growth
4.5.3. Poly Tetrahydrofuran Market Absolute $ Opportunity
5. Global Poly Tetrahydrofuran Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Poly Tetrahydrofuran Market Size and Volume Forecast by Type
5.3.1. Pharmaceutical Grade
5.3.2. Industrial Grade
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Poly Tetrahydrofuran Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Poly Tetrahydrofuran Market Size and Volume Forecast by Application
6.3.1. Medicine
6.3.2. Chemical Industry
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Poly Tetrahydrofuran Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Poly Tetrahydrofuran Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Poly Tetrahydrofuran Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Poly Tetrahydrofuran Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Poly Tetrahydrofuran Demand Share Forecast, 2019-2026
9. North America Poly Tetrahydrofuran Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Poly Tetrahydrofuran Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Poly Tetrahydrofuran Market Size and Volume Forecast by Application
9.4.1. Medicine
9.4.2. Chemical Industry
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Poly Tetrahydrofuran Market Size and Volume Forecast by Type
9.7.1. Pharmaceutical Grade
9.7.2. Industrial Grade
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Poly Tetrahydrofuran Demand Share Forecast, 2019-2026
10. Latin America Poly Tetrahydrofuran Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Poly Tetrahydrofuran Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Poly Tetrahydrofuran Market Size and Volume Forecast by Application
10.4.1. Medicine
10.4.2. Chemical Industry
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Poly Tetrahydrofuran Market Size and Volume Forecast by Type
10.7.1. Pharmaceutical Grade
10.7.2. Industrial Grade
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Poly Tetrahydrofuran Demand Share Forecast, 2019-2026
11. Europe Poly Tetrahydrofuran Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Poly Tetrahydrofuran Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Poly Tetrahydrofuran Market Size and Volume Forecast by Application
11.4.1. Medicine
11.4.2. Chemical Industry
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Poly Tetrahydrofuran Market Size and Volume Forecast by Type
11.7.1. Pharmaceutical Grade
11.7.2. Industrial Grade
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Prjections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Poly Tetrahydrofuran Demand Share, 2019-2026
12. Asia Pacific Poly Tetrahydrofuran Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Poly Tetrahydrofuran Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Poly Tetrahydrofuran Market Size and Volume Forecast by Application
12.4.1. Medicine
12.4.2. Chemical Industry
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Poly Tetrahydrofuran Market Size and Volume Forecast by Type
12.7.1. Pharmaceutical Grade
12.7.2. Industrial Grade
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Poly Tetrahydrofuran Demand Share, 2019-2026
13. Middle East & Africa Poly Tetrahydrofuran Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Poly Tetrahydrofuran Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Poly Tetrahydrofuran Market Size and Volume Forecast by Application
13.4.1. Medicine
13.4.2. Chemical Industry
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Poly Tetrahydrofuran Market Size and Volume Forecast by Type
13.7.1. Pharmaceutical Grade
13.7.2. Industrial Grade
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Poly Tetrahydrofuran Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Poly Tetrahydrofuran Market: Market Share Analysis
14.2. Poly Tetrahydrofuran Distributors and Customers
14.3. Poly Tetrahydrofuran Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ashland
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DynaChem Inc
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hongye Chemical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mitsubishi Chemical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sinochem Qingdao
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
