Tetrahydrofuran Market - Forecast(2020 - 2025)

Report Code: CMR 0829 Report Format: PDF + Excel (Delivery in 48 Hrs)
The market for THF is large and spread globally due its importance in plastics and rubbers. Most of its application lie within its use for polymerization to manufacture PTMEG and as a polar solvent. Though the PTMEG market is stable, THF is facing competition in the solvents market from other similar chemicals with better chemical properties. The report describes the product and its application. It also talk about a few trends in the market and the key players involved In the market.

What is Tetrahydrofuran (THF)?
Tetrahydrofuran is an organic compound, having the chemical formula C4H8O. It is classified as a cyclic ether with an ethereal scent. It is a colorless, water miscible liquid. It is also highly volatile and flammable.  It is highly polar in nature and hence, is an excellent solvent for many organic substances. Due to its mutagenic properties and flammability it is highly hazardous and must be handled with extreme care and caution.

What are the applications of Tetrahydrofuran?
Industrial applications of Tetrahydrofuran (THF) include the manufacture of polytetramethylene ether glycol (PTMEG), solvent in paints, ink, dyes and solvent for organic compounds like resin and polymers and during chromatography. It is also used as a treatment agent for surface treatment. It is also used as intermediates in the pharmaceutical sector for manufacturing other API’s and as a solvent for Grignard reagents and in lithium aluminum hydride reductions. It is also used in smaller labs as a solvent reagent.

Market Research and Market Trends of Nitrile Elastomers Market
  • Due to the volatile nature of THF and its ready peroxide formation, which can lead to explosions, there have been a number of accidents involving THF. Added to this is the toxicity of it on inhalation. The government of Canada has also concluded recently that its use in paints and varnishes may be harmful to the users and hence map pass regulation against it. These factors are sure to effect the market negatively.
  • Tetrahydrofuran has two primary applications, its use in the manufacture of PTMEG and its use as a polar solvent. Companies like Zeon and Sigma Aldrich have begum promoting substitutes for THF, as greener and safer alternatives for use in the Pharmaceutical Industry and for its application as a solvent. The competing chemicals are 2-Methytetrehydrofuran (2-MeTHf) and Cyclo pentyl methyl ether (CPME).  They boast of better chemical properties and lesser impurities than THF which can be essential in cost optimization. The growth of the market for CPME and 2-MeTHF will be a potential restraint in the market share of THF. Further, the research on similar chemicals by other competitors could also eat away at THF’s market share thus reducing its market size substantially.
  • The positive for the THF market is its use in the manufacture of PTMEG, which is used in the production of polyurethane elastomers and spandex and many more products. With the market for polyurethanes rising in various industrial sectors the demand for THF is likely to be stable or grow a little as long as the offset from the solvent industry is not major.

Who are the Major Players Tetrahydrofuran Market?
Key players in this market include: Ashland Inc., BASF, Dairen Chemicals, Mitsubishi Chemicals, Sigma Aldrich, CCP Group, TCI Chemicals, LOBA Chemie, Honeywell, Avantor and many more

What is our report scope?
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2023.

All our reports are customizable to your company needs to a certain extent, we do provide 20 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.

Key Takeaways from this Report
  • Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
  • Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
  • Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.
  • Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes. 
  • Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years. 
  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market. 
1. Tetrahydrofuran Market - Overview
1.1. Definitions and Scope
2. Tetrahydrofuran Market - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. Tetrahydrofuran Market 
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis 
4. Tetrahydrofuran Market – Startup companies Scenario Premium
4.1. Top 10 startup company Analysis by
4.1.1. Investment
4.1.2. Revenue
4.1.3. Market Shares
4.1.4. Market Size and Application Analysis
4.1.5. Venture Capital and Funding Scenario
5. Tetrahydrofuran Market – Industry Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing business index
5.3. Case studies of successful ventures
5.4. Customer Analysis – Top 10 companies
6. Tetrahydrofuran Market Forces
6.1. Drivers
6.2. Constraints
6.3. Challenges
6.4. Porters five force model
6.4.1. Bargaining power of suppliers
6.4.2. Bargaining powers of customers
6.4.3. Threat of new entrants
6.4.4. Rivalry among existing players
6.4.5. Threat of substitutes 
7. Tetrahydrofuran Market -Strategic analysis
7.1. Value chain analysis
7.2. Opportunities analysis
7.3. Product life cycle
7.4. Suppliers and distributors Market Share
8. Tetrahydrofuran Market – By Production Method (Market Size -$Million / $Billion)
8.1. Market Size and Market Share Analysis 
8.2. Application Revenue and Trend Research
8.3. Product Segment Analysis
8.3.1. Furfural Route
8.3.2. Reppe Process
8.3.3. Butadiene  Acetoxylation
8.3.4. Propylene Oxide Process
8.3.5. Maleic-Anhydride Route
8.3.6. 1,4-Dichlorobutabe route
8.3.7. n-Butane Maleic Anhydride Process
8.3.8. Others
9. Title Market – By test method (Market Size -$Million / $Billion)
9.1. ASTM
9.2. Gas Chromatography (GC)
9.3. Others
10. Title Market – By Grade (Market Size -$Million / $Billion)
10.1. HPLC Grade
10.2. ACS Grade
10.3. Industrial Grade
10.4. Gradient Grade
10.5. Isocratic Grade
10.6. Others
11. Title Market – By Packaging (Market Size -$Million / $Billion)
11.1. Amber Glass bottle
11.2. Aluminum Bottles
11.3. Fiber Carton
11.4. Steel Drums
11.5. Others
12. Title Market – By Application Type (Market Size -$Million / $Billion)
12.1. Production of polytetramethylene ether glycol (PTMEG)
12.2. Solvent for Polymers and Resins
12.3. Solvent in Dyes, inks and paints
12.4. Chemical Intermediate
12.5. Laboratory reagent
12.6. Surface Treatment Reagent
12.7. Chromatography
12.8. Odorizing Agent
12.12. Others
13. Tetrahydrofuran Market – By End User Industry (Market Size -$Million / $Billion)
13.1. Market Size and Market Share Analysis 
13.2. Application Revenue and Trend Research
13.3. Product Segment Analysis
13.3.1. Pharmaceutical Industry
13.3.2. Construction Industry
13.3.3. Adhesives and Sealants Industry
13.3.4. Plastics and Rubber Industry
13.3.5. Academic Research
13.3.6. Specialty Chemicals Industry
13.3.7. Others
14. Tetrahydrofuran- By Geography (Market Size -$Million / $Billion)
14.1. Tetrahydrofuran Market - North America Segment Research
14.2. North America Market Research (Million / $Billion)
14.2.1. Segment type Size and Market Size Analysis 
14.2.2. Revenue and Trends
14.2.3. Application Revenue and Trends by type of Application
14.2.4. Company Revenue and Product Analysis
14.2.5. North America Product type and Application Market Size U.S. Canada Mexico Rest of North America
14.3. Tetrahydrofuran- South America Segment Research
14.4. South America Market Research (Market Size -$Million / $Billion)
14.4.1. Segment type Size and Market Size Analysis 
14.4.2. Revenue and Trends
14.4.3. Application Revenue and Trends by type of Application
14.4.4. Company Revenue and Product Analysis
14.4.5. South America Product type and Application Market Size Brazil Venezuela Argentina Ecuador Peru Colombia Costa Rica Rest of South America
14.5. Tetrahydrofuran- Europe Segment Research
14.6. Europe Market Research (Market Size -$Million / $Billion)
14.6.1. Segment type Size and Market Size Analysis 
14.6.2. Revenue and Trends
14.6.3. Application Revenue and Trends by type of Application
14.6.4. Company Revenue and Product Analysis
14.6.5. Europe Segment Product type and Application Market Size U.K Germany Italy France Netherlands Belgium Spain Denmark Rest of Europe
14.7. Tetrahydrofuran– APAC Segment Research
14.8. APAC Market Research (Market Size -$Million / $Billion)
14.8.1. Segment type Size and Market Size Analysis 
14.8.2. Revenue and Trends
14.8.3. Application Revenue and Trends by type of Application
14.8.4. Company Revenue and Product Analysis
14.8.5. APAC Segment – Product type and Application Market Size China Australia Japan South Korea India Taiwan Malaysia Hong Kong Rest of APAC
14.9. Tetrahydrofuran– Middle East Segment and Africa Segment Research
14.10. Middle East & Africa Market Research (Market Size -$Million / $Billion)
14.10.1. Segment type Size and Market Size Analysis 
14.10.2. Revenue and Trend Analysis
14.10.3. Application Revenue and Trends by type of Application 
14.10.4. Company Revenue and Product Analysis
14.10.5. Middle East Segment Product type and Application Market Size Israel Saudi Arabia UAE
14.10.6. Africa Segment Analysis South Africa Rest of Middle East & Africa
15. Tetrahydrofuran Market - Entropy
15.1. New product launches
15.2. M&A's, collaborations, JVs and partnerships
16. Tetrahydrofuran Market – Industry / Segment Competition landscape Premium
16.1. Market Share Analysis
16.1.1. Market Share by Country- Top companies
16.1.2. Market Share by Region- Top 10 companies
16.1.3. Market Share by type of Application – Top 10 companies
16.1.4. Market Share by type of Product / Product category- Top 10 companies
16.1.5. Market Share at global level- Top 10 companies
16.1.6. Best Practices for companies
17. Tetrahydrofuran Market – Key Company List by Country Premium
18. Tetrahydrofuran Market Company Analysis
18.1. Market Share, Company Revenue, Products, M&A, Developments
18.2. Ashland Inc.
18.3. BASF
18.4. Dairen Chemicals
18.5. Mitsubishi Chemicals
18.6. Sigma Aldrich
18.7. CCP Group
18.8. Company 7
18.9. Company 8
18.10. Company 9 and more
"*Financials would be provided on a best efforts basis for private companies"
19. Tetrahydrofuran Market -Appendix
19.1. Abbreviations
19.2. Sources
20. Tetrahydrofuran Market -Methodology Premium
20.1. Research Methodology
20.1.1. Company Expert Interviews
20.1.2. Industry Databases
20.1.3. Associations
20.1.4. Company News
20.1.5. Company Annual Reports
20.1.6. Application Trends
20.1.7. New Products and Product database
20.1.8. Company Transcripts
20.1.9. R&D Trends
20.1.10. Key Opinion Leaders Interviews
20.1.11. Supply and Demand Trends