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Global Polytetrahydrofuran (PTMEG) Market Insights, Forecast to 2026

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. Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Polytetrahydrofuran (PTMEG) 3900 market in 2020. COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future. This report also analyses the impact of Coronavirus COVID-19 on the Polytetrahydrofuran (PTMEG) 3900 industry. Based on our recent survey, we have several different scenarios about the Polytetrahydrofuran (PTMEG) 3900 YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ 3176.6 million in 2019. The market size of Polytetrahydrofuran (PTMEG) 3900 will reach xx in 2026, with a CAGR of xx% from 2020 to 2026. With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Polytetrahydrofuran (PTMEG) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Polytetrahydrofuran (PTMEG) market in terms of both revenue and volume. Players, stakeholders, and other participants in the global Polytetrahydrofuran (PTMEG) market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on sales (volume), revenue and forecast by each application segment in terms of sales and revenue and forecast by each type segment in terms of revenue for the period 2015-2026. Sales and Pricing Analyses Readers are provided with deeper sales analysis and pricing analysis for the global Polytetrahydrofuran (PTMEG) market. As part of sales analysis, the report offers accurate statistics and figures for sales and revenue by region, by each type segment for the period 2015-2026. In the pricing analysis section of the report, readers are provided with validated statistics and figures for the price by players and price by region for the period 2015-2020 and price by each type segment for the period 2015-2020. Regional and Country-level Analysis The report offers an exhaustive geographical analysis of the global Polytetrahydrofuran (PTMEG) market, covering important regions, viz, North America, Europe, China and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc. The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of sales for the period 2015-2026. Competition Analysis In the competitive analysis section of the report, leading as well as prominent players of the global Polytetrahydrofuran (PTMEG) market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on sales by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020. On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Polytetrahydrofuran (PTMEG) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Polytetrahydrofuran (PTMEG) market. The following manufacturers are covered in this report: 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 Polytetrahydrofuran (PTMEG) Breakdown Data by Type Spandex Use Other Polytetrahydrofuran (PTMEG) Breakdown Data by Application Spandex Polyurethanes Copolyester-ether elastomers Other
1 Study Coverage 1.1 Polytetrahydrofuran (PTMEG) Product Introduction 1.2 Market Segments 1.3 Key Polytetrahydrofuran (PTMEG) Manufacturers Covered: Ranking by Revenue 1.4 Market by Type 1.4.1 Global Polytetrahydrofuran (PTMEG) Market Size Growth Rate by Type 1.4.2 Spandex Use 1.4.3 Other 1.5 Market by Application 1.5.1 Global Polytetrah
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About this Report
Report ID 335891
Category
  • Chemicals and Materials
Published on 16-Jun
Number of Pages 115
Publisher Name QY Research
Editor Rating
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