The report offers detailed coverage of Polytetrahydrofuran (PTMEG) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Polytetrahydrofuran (PTMEG) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Polytetrahydrofuran (PTMEG) is a type of polycol prepared from tetrahydrofuran (THF) with the repeat unit [–CH2(CH2)3O–].
It is easily soluble in alcohols, esters, ketones, aromatic and chlorinated hydrocarbons, and insoluble in fatty hydrocarbons or water, white waxy solid at room temperature, when the temperature exceeds room temperature, it becomes transparent liquid.
When its molecular weight increases, its solubility drops.
At room temperature, PTMEG is a good absorbent of water up to its molecular weight or maximum up to 2%.
First, the polytetrahydrofuran (PTMEG) industry concentration is not high; there are less than 50 manufacturers in the world, and high-end products are mainly from America, Germany, Taiwan and Japan.
In the world wide, giant manufactures mainly distribute in American, Taiwan and Europe. America and Germany have long history and unshakable status in this industry. In China, the manufactures focus in Jiangsu, Shanxi and Zhejiang province.
Second, many company have several plants, usually close to aimed demand market. There are international companies setting up factories in China too. Some companies usually take a joint venture enter into aim market, like BASF who takes their advantage merge with Markorchem, who is located in Southwestern of China.
Third, all manufactures in the world are committed to the improvement of product. These two years, some of Chinese manufactures can almost catch up with the world's leading technology too.
Fourth, the import and export percent of this industry is not high. Because many international manufactures expand their business through building factories or investments.
Fifth, company mergers and acquisitions, and inter-companies cooperation have occurred for development and growth. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas\' company prefers investing to underdevelopment regions these years.
Sixth, this industry is affected by the economy and policy, so it\'s important to put an eye to economic indexes and leaders\' prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of polytetrahydrofuran (PTMEG) will increase.
Seventh, we tend to believe this industry now is close to mature, and the demand increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The report forecast global Polytetrahydrofuran (PTMEG) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Polytetrahydrofuran (PTMEG) market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
BASF
Dairen Chemical
Mitsubishi Chemical
Invista
Korea PTG
Formosa Asahi Spandex
Hyosung Chemical Fiber
Shanxi Sanwei Group
Sanlong New Materials
Jianfeng Chemical
Sichuan Lutianhua
Shanxi Shanhua
At the same time, we classify Polytetrahydrofuran (PTMEG) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Spandex Use
Other
Market by Application
Spandex
Polyurethanes
Copolyester-ether elastomers
Other
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Polytetrahydrofuran (PTMEG) market for the forecast period 2021 - 2025?
• What are the driving forces in the Polytetrahydrofuran (PTMEG) market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Polytetrahydrofuran (PTMEG) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?