Tetrahydrofuran (THF) is a transparent organic compound that is widely used as an intermediate in organic synthesis. It is a volatile, water-miscible biofluid that has an ethereal odor, liquid consistency, flammability, and low viscosity. THF is generally produced through the Rebbe process. However, it can also be produced through the acid-catalyzed dehydration of 1,4-butanediol in the presence of an acidic ion exchange resin. Tetrahydrofuran exhibits excellent solubility as well as diffusion properties and provides various benefits, such as low-temperature flexibility, stability, high conductivity, etc. As a result, it finds wide-ranging applications as a solvent, chemical intermediate, coating agent, and reaction medium across several end-use industries, including paints and coatings, food packaging, plastic, etc.Browse complete production cost analysis report with TOC and list of figures & tables: https://bit.ly/3Br82Ik
The increasing utilization of THF in the manufacture of polytetramethylene ether glycol (PTMEG), which is further used in the production of activewear and sportswear, is primarily driving the tetrahydrofuran market across the globe. In line with this, the growing number of individuals participating in sports and gyms, which is further bolstering the demand for premium quality sportswear, is also contributing to the market growth.
Moreover, the rising need for plastic and polyvinyl chloride (PVC) products in various end-use industries is positively influencing the global market. Besides this, the increasing adoption of polyurethane (PU) leather, which is made using THF, in automotive and luxury goods is acting as another significant growth-inducing factor. Furthermore, the growing usage of THF as a solvent in the pharmaceutical industry to formulate cough syrups, rifamycin, progesterone, etc., is anticipated to propel the global tetrahydrofuran market in the coming years.
Download a free sample report to get more insight about the report: https://www.syndicatedanalytics.com/request?type=report&id=1002&flag=B
Key Benefits for Stakeholders:
The report by Syndicated Analytics presents a thorough quantitative analysis of the tetrahydrofuran market from 2017-2028, including various market segments, market forecasts, historical and current market trends, and dynamics.
This study offers up-to-date insights on the market dynamics, including the driving forces, changing trends, market challenges, and growth opportunities, in the tetrahydrofuran market.
The research study identifies and maps out the leading and fastest-growing regional markets. This enables stakeholders to differentiate the primary country-level markets within each region.
About Us: Syndicated Analytics, a subsidiary of IMARC Group, offers consulting services and provides comprehensive market intelligence in the form of research reports, production cost reports and feasibility studies.
Contact Info:
Katherine Shields
Senior Sales & Marketing Manager
74 State St
Albany, New York 12207
United States of America
Phone No.: +1-213-316-7435
Website: https://www.syndicatedanalytics.com/
Email Address: sales@syndicatedanalytics.com