Tetrahydrofuran Market Research Report - Forecast to 2027

Tetrahydrofuran Market information: by Manufacturing Process (reppe, furfural, butadiene, davy and others), Application (polytetramethylene ether glycol, solvents, and others), and Global Region;

ID: MRFR/CnM/4348-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2016-2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Overview:
Tetrahydrofuran is a highly volatile organic solvent used as a raw material for various syntheses such as for the formulation of ether chemicals with high molecular mass by polymerization. It is derived from dehydrating BDO, which can be produced using various processes including reppe, furfural, butadiene, and davy process. It finds application in resin and reaction solvents and polytetramethylene ether glycol (PTMEG). It is widely used in the production of spandex fibres and polyurethane elastomers. It is also used as a solvent due to a strong dissolving agent of synthetic and natural resins such as polyvinylchloride & vinylidene chloride copolymers.


Increasing use of artificial leather in various applications such as clothing, footwear, upholstery, and fabrics is set to remain a key driving factor for market growth over the forecast period. The product demand has increased in textile and garments, especially for skin-tight garments due to elasticity and faster drying properties. Rising fitness activities due to health consciousness among the consumers are fuelling sportswear demand. Growing use in the manufacturing of coatings, adhesives & speciality coating systems is driving the market growth across the globe. Increasing production of numerous organic substances is stimulating the product demand. Escalating demand for printing ink from packaging industry is propelling the market growth. Rising automobile, defence & aerospace industries in the developing nations such as India, China, and Japan are driving the paints and coatings market. Tetrahydrofuran use in building and construction industry is increasing due to rising population and improving living standard.


However, organic substance increases the carbon emission, which affects the environment and health of the consumers. Tetrahydrofuran should not be exposed to atmospheric oxygen due to its flammability. The product causes irritation to eyes, skin, and mucous membranes due to which its use has been restricted by the regulatory norms in North America and Europe.


Global Tetrahydrofuran Market Share, by the Application (%)


 Tetrahydrofuran Market


Key Players


Some of the prominent manufacturers in the global Tetrahydrofuran market are BASF Corporation (USA), Dairen Chemical Corporation (Taiwan), Merck KGaA (Germany), Technical Chemical Company (U.S.), Mitsubishi  Chemical Corporation (Japan), Ashland (U.S.), INVISTA (U.S.), BioAmber Inc. (U.S.), LyondellBase (Netherlands), and Credence Chem Private Limited (India),


Regional Analysis


Asia Pacific emerged as the fastest growing region in Tetrahydrofuran as a result of growing industrial base in India, China, and Japan. Surging demand for apparels mainly in India and China are driving the textile industry growth coupled with rising aspiration based purchase by the consumers. Increasing use of synthetic fibre in clothing, shoes, and furniture is driving the market growth. Furthermore, as per the Indian Economic Survey, Government of India is focusing on the expansion of labor-intensive industries such as textile and apparel to create more employment opportunities. Rising demand for coatings from various industries due to corrosion resistance is propelling the market growth in this region.


North America is expected to drive the market growth owing to rising apparel industry coupled with changing trends. Growing demand from the pharmaceutical industry due to rising geriatric population and rising disposable income is increasing the market growth. However, due to health and environmental issues, its usage has been limited by the Food and Drug Association (FDA). Furthermore, FDA has also recommended revising the permitted daily exposure limit of Tetrahydrofuran to reduce the extent of carbon emission.


The European region is likely to increase the market for Tetrahydrofuran due to rising demand from building and construction industries. Rising purchasing power and improving living standard of the people are fuelling the demand for the construction industry in the remodelling of houses. The product demand from the textile and apparel industry is growing substantially due to changing fashion trends and increasing aspiration based purchase.


Market Segmentation


The global Tetrahydrofuran market is segmented on the basis of application and region.


On the basis of application, the global Tetrahydrofuran market is categorized into polytetramethylene ether glycol, solvents,s and others.


Based on the manufacturing process, the market is segregated as reppe, furfural, butadiene, davy, and others.


Geographically, the global Tetrahydrofuran market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.


Intended Audience



  • Tetrahydrofuran Manufacturers

  • Traders and distributors of Tetrahydrofuran

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratory



Frequently Asked Questions (FAQ) :


Tetrahydrofuran is a highly volatile organic solvent used for various chemical syntheses.

Major applications of tetrahydrofuran are polytetramythelene ether glycol, solvents, and others.

The increasing demand for artificial leather is likely to be a major driver for the tetrahydrofuran market over the forecast period.

North America and Asia Pacific are likely to be important regional markets for the tetrahydrofuran industry.

Leading players in the tetrahydrofuran market include BASF, Merck, and Mitsubishi, among others.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Tetrahydrofuran Market

5 Industry Overview of Global Tetrahydrofuran Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Tetrahydrofuran Market by Application

7.1 Introduction

7.2 Polytetramethylene Ether Glycol

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Solvents

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Others

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2020-2027

8. Global Tetrahydrofuran Market by Manufacturing Process

8.1 Introduction

8.2 Reppe

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Furfural

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

8.4 Butadiene

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Region, 2020-2027

8.5 Davy

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by Region, 2020-2027

8.6 Others

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast by Region, 2020-2027

9. Global Tetrahydrofuran Market by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Application, 2020-2027

9.2.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.2.4 U.S.

9.2.4.1 Market Estimates & Forecast, 2020-2027

9.2.4.2 Market Estimates & Forecast by Application, 2020-2027

9.2.4.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.2.5 Canada

9.2.5.1 Market Estimates & Forecast, 2020-2027

9.2.5.2 Market Estimates & Forecast by Application, 2020-2027

9.2.5.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Application, 2020-2027

9.3.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.3.4 Germany

9.3.4.1 Market Estimates & Forecast, 2020-2027

9.3.4.2 Market Estimates & Forecast by Application, 2020-2027

9.3.4.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.3.5. France

9.3.5.1 Market Estimates & Forecast, 2020-2027

9.3.5.2 Market Estimates & Forecast by Application, 2020-2027

9.3.5.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.3.6 Italy

9.3.6.1 Market Estimates & Forecast, 2020-2027

9.3.6.2 Market Estimates & Forecast by Application, 2020-2027

9.3.6.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.3.7 Spain

9.3.7.1 Market Estimates & Forecast, 2020-2027

9.3.7.2 Market Estimates & Forecast by Application, 2020-2027

9.3.7.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.3.8 U.K

9.3.8.1 Market Estimates & Forecast, 2020-2027

9.3.8.2 Market Estimates & Forecast by Application, 2020-2027

9.3.8.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.3.9 Russia

9.3.9.1 Market Estimates & Forecast, 2020-2027

9.3.9.2 Market Estimates & Forecast by Application, 2020-2027

9.3.9.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.3.10 Poland

9.3.10.1 Market Estimates & Forecast, 2020-2027

9.3.10.2 Market Estimates & Forecast by Application, 2020-2027

9.3.10.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast by Application, 2020-2027

9.4.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.4.4 China

9.4.4.1 Market Estimates & Forecast, 2020-2027

9.4.4.2 Market Estimates & Forecast by Application, 2020-2027

9.4.4.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.4.5 India

9.4.5.1 Market Estimates & Forecast, 2020-2027

9.4.5.2 Market Estimates & Forecast by Application, 2020-2027

9.4.5.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.4.6 Japan

9.4.6.1 Market Estimates & Forecast, 2020-2027

9.4.6.2 Market Estimates & Forecast by Application, 2020-2027

9.4.6.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.4.7 Australia

9.4.7.1 Market Estimates & Forecast, 2020-2027

9.4.7.2 Market Estimates & Forecast by Application, 2020-2027

9.4.7.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.4.8 New Zealand

9.4.8.1 Market Estimates & Forecast, 2020-2027

9.4.8.2 Market Estimates & Forecast by Application, 2020-2027

9.4.8.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.4.9 Rest of Asia Pacific

9.4.9.1 Market Estimates & Forecast, 2020-2027

9.4.9.2 Market Estimates & Forecast by Application, 2020-2027

9.4.9.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.5 Middle East & Africa

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast by Application, 2020-2027

9.5.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.5.4 Turkey

9.5.4.1 Market Estimates & Forecast, 2020-2027

9.5.4.2 Market Estimates & Forecast by Application, 2020-2027

9.5.4.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.5.5 Israel

9.5.5.1 Market Estimates & Forecast, 2020-2027

9.5.5.2 Market Estimates & Forecast by Application, 2020-2027

9.5.5.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.5.6 North Africa

9.5.6.1 Market Estimates & Forecast, 2020-2027

9.5.6.2 Market Estimates & Forecast by Application, 2020-2027

9.5.6.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.5.7 GCC

9.5.7.1 Market Estimates & Forecast, 2020-2027

9.5.7.2 Market Estimates & Forecast by Application, 2020-2027

9.5.7.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.5.8 Rest of Middle East & Africa

9.5.8.1 Market Estimates & Forecast, 2020-2027

9.5.8.2 Market Estimates & Forecast by Application, 2020-2027

9.5.8.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2020-2027

9.6.2 Market Estimates & Forecast by Application, 2020-2027

9.6.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.6.4 Brazil

9.6.4.1 Market Estimates & Forecast, 2020-2027

9.6.4.2 Market Estimates & Forecast by Application, 2020-2027

9.6.4.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.6.5 Argentina

9.6.5.1 Market Estimates & Forecast, 2020-2027

9.6.5.2 Market Estimates & Forecast by Application, 2020-2027

9.6.5.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.6.6 Mexico

9.6.6.1 Market Estimates & Forecast, 2020-2027

9.6.6.2 Market Estimates & Forecast by Application, 2020-2027

9.6.6.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

9.6.7 Rest of Latin America

9.6.7.1 Market Estimates & Forecast, 2020-2027

9.6.7.2 Market Estimates & Forecast by Application, 2020-2027

9.6.7.3 Market Estimates & Forecast by Manufacturing Process, 2020-2027

10. Company Landscape

11. Company Profiles

11.1 BASF Corporation

11.1.1 Company Overview

11.1.2 Application/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 Dairen Chemical Corporation

11.2.1 Company Overview

11.2.2 Application/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 Merck KGaA

11.3.1 Company Overview

11.3.2 Application/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 Technical Chemical Company

11.4.1 Company Overview

11.4.2 Application/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 Mitsubishi Chemical Corporation

11.5.1 Company Overview

11.5.2 Application/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 Ashland

11.6.1 Company Overview

11.6.2 Application/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 INVISTA

11.7.1 Company Overview

11.7.2 Application/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 BioAmber Inc.

11.8.1 Company Overview

11.8.2 Application/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 LyondellBase

11.9.1 Company Overview

11.9.2 Application/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

11.10 Credence Chem Private Limited

11.10.1 Company Overview

11.10.2 Application/Business Segment Overview

11.10.3 Financial Updates

11.10.4 Key Developments

12. Conclusion

LIST OF TABLES

Table 1 World Population by Major Regions (2020 To 2027)

Table 2 Global Tetrahydrofuran Market: By Region, 2020-2027

Table 3 North America Tetrahydrofuran Market: By Country, 2020-2027

Table 4 Europe Tetrahydrofuran Market: By Country, 2020-2027

Table 5 Asia-Pacific Tetrahydrofuran Market: By Country, 2020-2027

Table 7 Middle East & Africa Tetrahydrofuran Market: By Country, 2020-2027

Table 6 Latin America Tetrahydrofuran Market: By Country, 2020-2027

Table 8 Global Tetrahydrofuran by Applications Market: By Regions, 2020-2027

Table 9 North America Tetrahydrofuran by Applications Market: By Country, 2020-2027

Table 10 Europe Tetrahydrofuran by Applications Market: By Country, 2020-2027

Table11 Asia-Pacific Tetrahydrofuran by Applications Market: By Country, 2020-2027

Table13 Middle East & Africa Tetrahydrofuran by Applications Market: By Country, 2020-2027

Table12 Latin America Tetrahydrofuran by Applications Market: By Country, 2020-2027

Table14 North America Tetrahydrofuran for Manufacturing Process Market: By Country, 2020-2027

Table13 Europe Tetrahydrofuran for Manufacturing Process Market: By Country, 2020-2027

Table14 Asia-Pacific Tetrahydrofuran for Manufacturing Process Market: By Country, 2020-2027

Table16 Middle East & Africa Tetrahydrofuran for Manufacturing Process Market: By Country, 2020-2027

Table15 Latin America Tetrahydrofuran for Manufacturing Process Market: By Country, 2020-2027

Table23 Global Applications Market: By Region, 2020-2027

Table24 Global Manufacturing Process Market: By Region, 2020-2027

Table25 North America Tetrahydrofuran Market, By Country

Table26 North America Tetrahydrofuran Market, By Applications

Table27 North America Tetrahydrofuran Market, By Manufacturing Process

Table28 Europe: Tetrahydrofuran Market, By Country

Table29 Europe: Tetrahydrofuran Market, By Applications

Table30 Europe: Tetrahydrofuran Market, By Manufacturing Process

Table31 Asia-Pacific: Tetrahydrofuran Market, By Country

Table32 Asia-Pacific: Tetrahydrofuran Market, By Applications

Table33 Asia-Pacific: Tetrahydrofuran Market, By Manufacturing Process

Table36 Middle East & Africa: Tetrahydrofuran Market, By Country

Table37 Middle East & Africa Tetrahydrofuran Market, By Applications

Table33 Middle East & Africa: Tetrahydrofuran Market, By Manufacturing Process

Table34 Latin America: Tetrahydrofuran Market, By Country

Table35 Latin America Tetrahydrofuran Market, By Applications

Table33 Latin America: Tetrahydrofuran Market, By Manufacturing Process

LIST OF FIGURES

FIGURE 1 Global Tetrahydrofuran Market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Tetrahydrofuran Market

FIGURE 4 Value Chain of Global Tetrahydrofuran Market

FIGURE 5 Share of Global Tetrahydrofuran Market in 2020, by country (in %)

FIGURE 6 Global Tetrahydrofuran Market, 2020-2027,

FIGURE 7 Sub segments of Application

FIGURE 8 Global Tetrahydrofuran Market size by Application, 2020

FIGURE 9 Share of Global Tetrahydrofuran Market by Application, 2020-2027

FIGURE 10 Sub segments of Manufacturing Process

FIGURE 11 Global Tetrahydrofuran Market size by Manufacturing Process, 2020

FIGURE 12 Share of Global Tetrahydrofuran Market by Manufacturing Process, 2020-2027