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Global Tetrahydrofuran (THF) Markets, 2024: Increasing Focus on Green Chemistry: A Strong Growth Driver for 2-MeTHF

THIS POST WAS ORIGINALLY PUBLISHED ON THIS SITE Click Here To Read Entire Article

The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research.

This report analyzes the worldwide markets for Tetrahydrofuran (THF) in Metric Tons by the following End-Use Segments:

PTMEG Poly Tetra Methylene Ether Glycol Solvent

The report profiles 30 companies including many key and niche players such as:

Ashland, Inc. (USA) BASF SE (Germany) BioAmber, Inc. (Canada) Dairen Chemical Corporation (China) INVISTA (USA) MilliporeSigma (USA) Mitsubishi Chemical Corporation (Japan) Penn A Kem LLC (USA) Saudi International Petrochemical Company (Saudi Arabia) Shanxi Sanwei Group Co., Ltd. (China) TCC Chemical Corporation (Taiwan)

Key Topics Covered:

1. INDUSTRY OVERVIEW
Tetrahydrofuran (THF): Expanding Applications Fuel Market Growth
Myriad Uses of Tetrahydrofuran in Varied Forms Benefit Market Expansion
PTMEG: The Largest and the Fastest Growing End-Use Segment of Tetrahydrofuran
THF as a Resin Solvent
Magnetic Tape
Coatings
Adhesives
PVC Cements
Cellophane and Vinyl Films
Specialty Coating-Systems
THF as a Reaction Solvent
Pharmaceutical Solvent Applications
Laboratory Usage
Reaction Medium
Extractant
Starting Material in Syntheses
Asia-Pacific at the Forefront of THF Consumption
Stable Chemical Industry Provides Opportunities for THF Market
Production Scenario
Competitive Landscape

2. MARKET TRENDS, ISSUES & DRIVERS
Increasing Focus on Green Chemistry: A Strong Growth Driver for 2-MeTHF
ecoMeTHF: A Truly Green and Cost-Saving Alternative
Bio-based Poly (Tetrahydrofuran) THF1000: Advantages Over Petro-based THF
THF Fortunes Intrinsically Tied to Dynamics in Butanediol (BDO) Market
Production Scenario
Major End-Use Market Segments
Polybutylene Terephthalate (PBT)
Gamma-Butyrolactone (GBL)
Major End-use Application Industries
Growing Use of Spandex in Textile and Other Applications Drives Demand for THF-Derived PTMEG
Favorable Trends in Succinic Acid Strengthens Market Prospects for Derivatives THF and BDO
Major Applications of Succinic Acid and Succinic Acid Derivatives
Cyclopentyl Methyl Ether (CPME): An Eco-Friendly Alternative for THF?

3. PRODUCT OVERVIEW
Introduction
Chemical Properties of THF
Stability & Reactivity of THF
Production Processes
THF Recovery
Extractive Distillation Process
THF Peroxides
Hazards Associated with THF Peroxide
Stabilizers
Applications of THF
Possible Harmful Effects
Environmental Effects
Storage, Handling & Transportation Precautions
General Precautions
Protection against Fire
Peroxide Formation
Spills/Leaks
Toxicity
Personal Protection
Storage Precautions
Storage Tanks
Pumps
Seals and Lubricants
Vacuum and Pressure Relief
Vapor Return-Line and Level Indicators
Precautions during Environmental Disposal

4. RECENT INDUSTRY ACTIVITY
BASF Suspends PolyTHF Production in North America
Ashland Announces Force Majeure for German Facility
BASF and Xinjiang Markor Chemical Establish PolyTHF Unit in Xinjiang
Comet Biorefining and BioAmber Ink Supply Agreement
Merck Acquires Sigma-Aldrich
BioAmber Inks Technology Licensing Agreement with JM Davy
Ashland Performance Enters into Distribution Agreement with Bfa Group
HORN Extends Distribution Partnership with BASF
BASF and Markor Receives Approval for Two Joint Ventures in China

5. FOCUS ON SELECT GLOBAL

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