This XploreMR study on the Tetrahydrofuran (THF) market offers an eight-year forecast for the global Tetrahydrofuran (THF) market between 2018 and 2026. The Tetrahydrofuran (THF) market study considers 2017 as the base year with market values estimated for 2018 and a forecast developed for the duration 2018 to 2026. The Compound Average Growth Rate (CAGR) for the Tetrahydrofuran (THF) market study has been represented from 2018 to 2026. This Tetrahydrofuran (THF) market study covers various perspectives of the market, including market dynamics, value chain and pricing analysis, competition analysis, regional and segmental growth comparison and macro-economic and industry growth analysis, along with segment-level projections in a comprehensive manner. As per the findings of the study and perspectives of industry participants, the global Tetrahydrofuran (THF) market is projected to grow at a CAGR of 7.8% between 2018 and 2026, in terms of value. The growing spandex industry and increasing demand for Tetrahydrofuran (THF) from solvent applications are some of the factors positively impacting the uptake of Tetrahydrofuran (THF) in the global market.
Tetrahydrofuran (THF), a chemical compound with the molecular formula C4H8O, is majorly derived from 1, 4-Butanediol. Its major use is as a precursor of polymer and solvent for Grignard reaction. The primary global application of Tetrahydrofuran (THF) is in the production of PTMEG, which is used in the production of a spandex fibre. Tetrahydrofuran (THF) is also used as a solvent in the manufacturing of PVC and as a preferred solvent for the Grignard reaction in various pharmaceutical applications.
The XploreMR report on the Tetrahydrofuran (THF) market carefully analyses the market at a global and regional level through market segmentation on the basis of key parameters such as application and region. This Tetrahydrofuran (THF) market report is structured to facilitate the reader to develop a thorough understanding of the market. The report begins with market definitions, which are followed by market background, market dynamics and market analysis by key segments, regional analysis and competition landscape. Each section of the Tetrahydrofuran (THF) report covers a qualitative and quantitative assessment of the market on the basis of facts, historical developments and key opinions collected from industry participants through dedicated interviews and trends in the market.
Global Market Study on Tetrahydrofuran (THF): Increasing Demand for PTMEG from Spandex Manufacturing Expected to Drive Revenue GrowthBuy Now
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