The global market for tetrahydrofuran is rapidly increasing and is expected to reach 8.1 billion USD by 2031.
The global tetrahydrofuran (THF) market is on a remarkable growth trajectory, with sales reaching approximately $4.19 billion in 2022. Forecasts suggest that the market is expected to reach an astonishing $8.1 billion by 2031. This rapid growth is supported by a robust compound annual growth rate (CAGR) of 7.6% during the forecast period from 2023 to 2031. Tetrahydrofuran is a key chemical compound with diverse applications, and there is an increasing demand across several industries, pushing the market to new heights. For application methods, please check the [PDF download] button or apply directly through the related links.
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Overview of Segmentation The global tetrahydrofuran market is classified based on application, Indian users, and region. By Application Polytetramethylene ether glycol (PTMEG) Solvents Others By Indian Users Textiles Pharmaceuticals Paints and Coatings Polymers Others Key Companies: BioAmber Inc Mitsubishi Chemical Holdings Honeywell International Inc Eastman Chemical Company Oakwood Products Inc Merck KGaA LyondellBasell Industries Holdings B.V. Otto Chemie Pvt Ltd Toray Industries Inc Solventis BASF SE Univar Solutions Inc Ashland Global Holdings Inc TCI America Alfa Aesar
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