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 global Polytetrahydrofuran (PTMEG) market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.
This report studies the Polytetrahydrofuran (PTMEG) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Polytetrahydrofuran (PTMEG) in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Formosa Asahi Spandex
Hyosung Chemical Fiber
Shanxi Sanwei Group
Sanlong New Materials
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Polytetrahydrofuran (PTMEG) market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Polytetrahydrofuran (PTMEG) market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Polytetrahydrofuran (PTMEG) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Polytetrahydrofuran (PTMEG) with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Polytetrahydrofuran (PTMEG) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Polytetrahydrofuran (PTMEG) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Polytetrahydrofuran (PTMEG) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Polytetrahydrofuran (PTMEG) market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.