Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Poly Tetrahydrofuran Market by Type (Pharmaceutical Grade, Industrial Grade, Others), By Application (Medicine, Chemical Industry, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Poly Tetrahydrofuran Market by Type (Pharmaceutical Grade, Industrial Grade, Others), By Application (Medicine, Chemical Industry, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 144161 3300 Chemical & Material 377 249 Pages 4.6 (34)

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.

Global Poly Tetrahydrofuran Industry Outlook

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


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


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:


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.


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:

  1. Ashland
  2. DynaChem Inc
  3. Hongye Chemical
  4. Mitsubishi Chemical
  5. Sinochem Qingdao

Global Poly Tetrahydrofuran Market Overview

Highlights of The Poly Tetrahydrofuran Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Pharmaceutical Grade
    2. Industrial Grade
    3. Others
  1. By Application:

    1. Medicine
    2. Chemical Industry
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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

Global Poly Tetrahydrofuran Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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 Overview Financials Developments Strategic Outlook
      14.4.2. DynaChem Inc Overview Financials Developments Strategic Outlook
      14.4.3. Hongye Chemical Overview Financials Developments Strategic Outlook
      14.4.4. Mitsubishi Chemical Overview Financials Developments Strategic Outlook
      14.4.5. Sinochem Qingdao Overview Financials Developments Strategic Outlook
      14.4.6. COMPANY6 Overview Financials Developments Strategic Outlook
      14.4.7. COMPANY7 Overview Financials Developments Strategic Outlook
      14.4.8. COMPANY8 Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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