2-Methyl Tetrahydrofuran Market, Global Outlook and Forecast 2023-2032
2-Methyl Tetrahydrofuran, also known as tetrahydro-2-methyl furan, is used as a solvent for resins, natural rubber, ethyl cellulose, and chloroacetic acid-vinyl acetate copolymers.It is also the raw material of pharmaceutical industry and can be used in the synthesis of hemorrhoid drug primaquine phosphate.2-Methyltetrahydrofuran is an organic compound with the molecular formula CH3C4H7O. It is a highly flammable mobile liquid. It is mainly used as a replacement for THF in specialized applications for its better performance.
This report aims to provide a comprehensive presentation of the global market for 2-Methyl Tetrahydrofuran, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding 2-Methyl Tetrahydrofuran. This report contains market size and forecasts of 2-Methyl Tetrahydrofuran in global, including the following market information:
Global 2-Methyl Tetrahydrofuran Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global 2-Methyl Tetrahydrofuran Market Sales, 2018-2023, 2024-2032, (K MT)
Global top five 2-Methyl Tetrahydrofuran companies in 2022 (%)
The global 2-Methyl Tetrahydrofuran market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Purity Over 98% Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of 2-Methyl Tetrahydrofuran include Ashland, BASF, Avantium, Mitsubishi Chemical, DynaChem, Corbion NV, Penn A Kem LLC Company, Nova Molecular Technologies and Hongye Chemical, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the 2-Methyl Tetrahydrofuran manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global 2-Methyl Tetrahydrofuran Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global 2-Methyl Tetrahydrofuran Market Segment Percentages, by Type, 2022 (%)
Purity Over 98%
Purity Over 99%
Global 2-Methyl Tetrahydrofuran Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global 2-Methyl Tetrahydrofuran Market Segment Percentages, by Application, 2022 (%)
Chemical
Electronic
Medicine
Oil
Other
Global 2-Methyl Tetrahydrofuran Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global 2-Methyl Tetrahydrofuran Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies 2-Methyl Tetrahydrofuran revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies 2-Methyl Tetrahydrofuran revenues share in global market, 2022 (%)
Key companies 2-Methyl Tetrahydrofuran sales in global market, 2018-2023 (Estimated), (K MT)
Key companies 2-Methyl Tetrahydrofuran sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Ashland
BASF
Avantium
Mitsubishi Chemical
DynaChem
Corbion NV
Penn A Kem LLC Company
Nova Molecular Technologies
Hongye Chemical
TCC Chemical Corporation
Sinochem International Corporation
Dairen Chemical Corporation
Saudi International Petrochemical Company
Shanxi Sanwei Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of 2-Methyl Tetrahydrofuran, market overview.
Chapter 2: Global 2-Methyl Tetrahydrofuran market size in revenue and volume.
Chapter 3: Detailed analysis of 2-Methyl Tetrahydrofuran manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of 2-Methyl Tetrahydrofuran in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global 2-Methyl Tetrahydrofuran capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
