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Tetrahydrofu ran Market to Reach USD 5.11 Billion By 2026
Market Summary According to the current analysis of Reports and Data, the Tetrahydrofuran market was globally valued at USD 3.00 Billion in 2018 and is expected to reach USD 5.11 Billion by the year 2026, at a CAGR of 6.8%. Tetrahydrofuran (THF) is a colorless, volatile, and water-miscible liquid. Tetrahydrofuran is a highly stable compound with a relatively low boiling point and excellent solvency. THF is widely utilized as the reaction and dissolution of many substances as well as feedstock for the synthesis of polytetramethylene ether glycol (PTMEG). The tetrahydrofuran is the saturated derivative of furan. Tetrahydrofuran works as an excellent solvent for higher molecular compounds like polyvinyl chloride, and other copolymers at ambient temperature. The tetrahydrofuran, in combination with methyl-ethyl-ketone helps to increase the solvancy of various polymer compunds. Further key findings from the report suggest: •The tetrahydrofuran market is growing at a CAGR of 0% in the Asia Pacific, followed by North America and Europe, with 6.9% and 6.7% CAGR, respectively. Extensive Usage across industries is the key factor to accelerate market growth during the forecast period across all regions •As of 2018, the Solvent application is the dominating Tetrahydrofuran market which holds 54.1% of the global market. Asia Pacific market is the chief revenue-generating source for this product segment, followed by North America and Europe regions
Market Summary Key Players: BASF SE, Dairen Chemical Corporation, INVISTA, Mitsubishi Chemical Holdings Corporation, LyondellBasell Industries N.V., Saudi International Petrochemical Company, Penn A Kem LLC, Ashland Global Specialty Chemicals Inc., Nova Molecular Technologies, and BioAmber Inc. Segmentation: Process Type (Revenue in USD Million; Volume in Tons, 2016–2026) Acetylene-based Process Butadiene-based Process Maleic Anhydride-based Process Propylene-Based Process via Allyl Alcohol Propylene Oxide-based Process Application (Revenue in USD Million; Volume in Tons, 2016–2026) Polytetramethylene ether glycol (PTMEG) Solvent applications Other Applications Fill in your details to get your hands on an Exclusive Sample of this Report @ https://www.reportsanddata.com/sample-enquiry-form/2108
Market Summary End-Use (Revenue in USD Million; Volume in Tons, 2016–2026) Polymer PVC Pharmaceutical Sealants & Adhesives Others Regional Outlook for Industrial Filters Market analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Avail this report at Attractive Discount rates! Click here to know more @ https://www.reportsanddata.com/discount-enquiry-form/2108
Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market
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