Tetrahydrofuran Market
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Transparency <strong>Market</strong> Research<br />
<strong>Tetrahydrofuran</strong> <strong>Market</strong> - Global<br />
Industry Analysis, Size, Share, Growth,<br />
Trends and Forecast 2016 - 2024<br />
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REPORT DESCRIPTION<br />
Transparency <strong>Market</strong> Research Reports incorporated a definite business overview and investigation inclines on<br />
“<strong>Tetrahydrofuran</strong> <strong>Market</strong> - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024” This<br />
report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and<br />
worldwide business sector industry structure.<br />
<strong>Tetrahydrofuran</strong> (THF) is a general-purpose, highly volatile organic solvent. It is a colorless, water-miscible, and mobile liquid.<br />
THF offers very good solvent power for numerous organic substances and is used as a starting material for various syntheses.<br />
At present, THF is produced by either of two methods: the Reppe process and the furfural process. The Reppe process is<br />
preferred over the furfural process as the former is completely synthetic, and thus unlike its counterpart, the availability of raw<br />
materials is not dependent on agricultural conditions.<br />
In spite of being used as a starting material for various syntheses, THF can even be used as a coating agent, adhesive, reaction<br />
medium, or extractant.<br />
The chemical is highly volatile and flammable, so care must be taken that it is stored and handled in an environment where<br />
atmospheric oxygen is excluded or limited. Also due to its volatile nature, care must be taken that the contents are used quickly<br />
once the container is opened, as it is said to have limited shelf life post exposure to the environment.<br />
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<strong>Tetrahydrofuran</strong> <strong>Market</strong>: <strong>Market</strong> Trends<br />
THF distilled pure has many applications as a solvent, reaction medium, or starting product for syntheses. It can be used alone<br />
or along with other solvents in the leather industry as part of coating systems. The magnetic tapes used in electronic devices<br />
such as computers can be made abrasion resistant by applying a coat of THF.
The chemical is also used for the production of PVC adhesives as well as for the fabrication of PVC pipe systems that are used in<br />
industrial processes in heating and cooling systems.<br />
THF can be used for the production of highly concentrated solutions, due to its high solvent power.<br />
It is used on a wide scale in the pharmaceutical industry as a reaction medium for the synthesis of organometallic compounds.<br />
THF is said to cause eye irritation, skin problems, nausea, dizziness, etc. under conditions of prolonged exposure.<br />
Of late, a substitute for THF, called 2-methyl tetrahydrofuran (2-MeTHF), is being used in industries as well. The latter is said to<br />
be better than THF in terms of its chemical properties such as its stability in acidic conditions, less impurities, lower volatility,<br />
higher saturation concentrations, higher reaction yields, etc. This compound may be a potential restraint in the market for<br />
tetrahydrofuran in the coming days.<br />
Keeping in mind the present applications of THF as well the development of its substitute like 2-MeTHF, it can be said that the<br />
market may face a gradual downfall in the near future due to the development of substitutes having better physical and<br />
chemical properties.<br />
<strong>Tetrahydrofuran</strong> <strong>Market</strong>: Region-wise Outlook<br />
THF is being widely used in Asia Pacific due to the large number of industries in developing countries like China, Japan, and<br />
India. China is said to be an important market of tetrahydrofuran due to the establishment of various end-use industries like<br />
PVC, coatings, adhesives, etc.<br />
The region of North America also has a significant market for THF due to its use in the petroleum industry, followed by Europe<br />
and then Rest of the World.<br />
<strong>Tetrahydrofuran</strong> <strong>Market</strong>: Key Players<br />
Some of the key players in the market for THF are Sigma-Aldrich Corp., TCC Chemical Corporation, Mitsubishi Chemical<br />
Corporation, Dairen Chemical Corporation, Saudi International Petrochemical Company, and Ashland Inc.
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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and<br />
verifiable projections about market size. The projections featured in the report have been derived using proven research<br />
methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every<br />
facet of the market, including but not limited to: Regional markets, technology, types, and applications.<br />
The study is a source of reliable data on:<br />
• <strong>Market</strong> segments and sub-segments<br />
• <strong>Market</strong> trends and dynamics<br />
• Supply and demand<br />
• <strong>Market</strong> size<br />
• Current trends/opportunities/challenges<br />
• Competitive landscape<br />
• Technological breakthroughs<br />
• Value chain and stakeholder analysis<br />
The regional analysis covers:<br />
• North America (U.S. and Canada)<br />
• Latin America (Mexico, Brazil, Peru, Chile, and others)<br />
• Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
• Eastern Europe (Poland and Russia)<br />
• Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)<br />
• Middle East and Africa (GCC, Southern Africa, and North Africa)<br />
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned<br />
analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The<br />
report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and<br />
market participants across key points in the industry’s value chain.<br />
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and<br />
mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment<br />
over the forecast period.<br />
Highlights of the report:<br />
• A complete backdrop analysis, which includes an assessment of the parent market<br />
• Important changes in market dynamics<br />
• <strong>Market</strong> segmentation up to the second or third level<br />
• Historical, current, and projected size of the market from the standpoint of both value and volume<br />
• Reporting and evaluation of recent industry developments<br />
• <strong>Market</strong> shares and strategies of key players<br />
• Emerging niche segments and regional markets<br />
• An objective assessment of the trajectory of the market
• Recommendations to companies for strengthening their foothold in the market<br />
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