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Tetrahydrofuran-Global Market Insights and Sales Trends 2025
Synopsis
Tetrahydrofuran (THF), also known as tetramethylene oxide, diethylene oxide, is five-membered cyclic ether. It is an industrial solvent widely recognized for its unique combination of useful properties. THF is a stable compound with relatively low boiling point and excellent solvency. It is widely-used for dissolution and reaction of various substances. Also it is used as a starting material for the synthesis of poly (tetramethylene ether) glycol (PTMG), etc.
The global Tetrahydrofuran market size is expected to reach US$ 3632.7 million by 2029, growing at a CAGR of 4.3% from 2023 to 2029. The market is mainly driven by the significant applications of Tetrahydrofuran in various end use industries. The expanding demands from the PTMEG, Adhesives, Pharmaceutical and Coatings, are propelling Tetrahydrofuran market. The Dehydration of 1,4-Butanediol, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Maleic Anhydride Method segment is estimated at % CAGR for the next seven-year period.
The major players in global Tetrahydrofuran market include BASF, Invista, etc. The top 2 players occupy about 40% shares of the global market. Asia is the main market, and occupies about 50% of the global market. The Dehydration of 1,4-Butanediol is the main type, with a share about 70%. PTMEG is the main application, which holds a share about 80%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Tetrahydrofuran, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Tetrahydrofuran market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Tetrahydrofuran market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Tetrahydrofuran sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Tetrahydrofuran covered in this report include BASF, Invista, Penn A Kem, LyondellBasell, Ashland, Mitsubishi, Korea PTG, Sipchem and Dairen Chem, etc.
The global Tetrahydrofuran market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
Invista
Penn A Kem
LyondellBasell
Ashland
Mitsubishi
Korea PTG
Sipchem
Dairen Chem
Bluestar Chem
Qianguo Chem
Markor Chem
Shanxi Sanwei Group
Zibo Hualiyuan
Global Tetrahydrofuran market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Tetrahydrofuran market, Segment by Type:
The Dehydration of 1,4-Butanediol
Maleic Anhydride Method
Furfural Method
Others
Global Tetrahydrofuran market, by Application
PTMEG
Adhesives
Pharmaceutical
Coatings
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Tetrahydrofuran manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Tetrahydrofuran in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Tetrahydrofuran (THF), also known as tetramethylene oxide, diethylene oxide, is five-membered cyclic ether. It is an industrial solvent widely recognized for its unique combination of useful properties. THF is a stable compound with relatively low boiling point and excellent solvency. It is widely-used for dissolution and reaction of various substances. Also it is used as a starting material for the synthesis of poly (tetramethylene ether) glycol (PTMG), etc.
The global Tetrahydrofuran market size is expected to reach US$ 3632.7 million by 2029, growing at a CAGR of 4.3% from 2023 to 2029. The market is mainly driven by the significant applications of Tetrahydrofuran in various end use industries. The expanding demands from the PTMEG, Adhesives, Pharmaceutical and Coatings, are propelling Tetrahydrofuran market. The Dehydration of 1,4-Butanediol, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Maleic Anhydride Method segment is estimated at % CAGR for the next seven-year period.
The major players in global Tetrahydrofuran market include BASF, Invista, etc. The top 2 players occupy about 40% shares of the global market. Asia is the main market, and occupies about 50% of the global market. The Dehydration of 1,4-Butanediol is the main type, with a share about 70%. PTMEG is the main application, which holds a share about 80%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Tetrahydrofuran, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Tetrahydrofuran market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Tetrahydrofuran market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Tetrahydrofuran sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Tetrahydrofuran covered in this report include BASF, Invista, Penn A Kem, LyondellBasell, Ashland, Mitsubishi, Korea PTG, Sipchem and Dairen Chem, etc.
The global Tetrahydrofuran market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
Invista
Penn A Kem
LyondellBasell
Ashland
Mitsubishi
Korea PTG
Sipchem
Dairen Chem
Bluestar Chem
Qianguo Chem
Markor Chem
Shanxi Sanwei Group
Zibo Hualiyuan
Global Tetrahydrofuran market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Tetrahydrofuran market, Segment by Type:
The Dehydration of 1,4-Butanediol
Maleic Anhydride Method
Furfural Method
Others
Global Tetrahydrofuran market, by Application
PTMEG
Adhesives
Pharmaceutical
Coatings
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Tetrahydrofuran manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Tetrahydrofuran in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Tetrahydrofuran Market Overview
1.1 Tetrahydrofuran Product Overview
1.2 Tetrahydrofuran Market Segment by Type
1.2.1 The Dehydration of 1,4-Butanediol
1.2.2 Maleic Anhydride Method
1.2.3 Furfural Method
1.2.4 Others
1.3 Global Tetrahydrofuran Market Size by Type
1.3.1 Global Tetrahydrofuran Market Size Overview by Type (2018-2029)
1.3.2 Global Tetrahydrofuran Historic Market Size Review by Type (2018-2023)
1.3.3 Global Tetrahydrofuran Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Tetrahydrofuran Sales Breakdown by Type (2018-2023)
1.4.2 Europe Tetrahydrofuran Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Tetrahydrofuran Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Tetrahydrofuran Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Tetrahydrofuran Sales Breakdown by Type (2018-2023)
2 Global Tetrahydrofuran Market Competition by Company
2.1 Global Top Players by Tetrahydrofuran Sales (2018-2023)
2.2 Global Top Players by Tetrahydrofuran Revenue (2018-2023)
2.3 Global Top Players by Tetrahydrofuran Price (2018-2023)
2.4 Global Top Manufacturers Tetrahydrofuran Manufacturing Base Distribution, Sales Area, Product Type
2.5 Tetrahydrofuran Market Competitive Situation and Trends
2.5.1 Tetrahydrofuran Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Tetrahydrofuran Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Tetrahydrofuran as of 2022)
2.7 Date of Key Manufacturers Enter into Tetrahydrofuran Market
2.8 Key Manufacturers Tetrahydrofuran Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Tetrahydrofuran Status and Outlook by Region
3.1 Global Tetrahydrofuran Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Tetrahydrofuran Historic Market Size by Region
3.2.1 Global Tetrahydrofuran Sales in Volume by Region (2018-2023)
3.2.2 Global Tetrahydrofuran Sales in Value by Region (2018-2023)
3.2.3 Global Tetrahydrofuran Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Tetrahydrofuran Forecasted Market Size by Region
3.3.1 Global Tetrahydrofuran Sales in Volume by Region (2024-2029)
3.3.2 Global Tetrahydrofuran Sales in Value by Region (2024-2029)
3.3.3 Global Tetrahydrofuran Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Tetrahydrofuran by Application
4.1 Tetrahydrofuran Market Segment by Application
4.1.1 PTMEG
4.1.2 Adhesives
4.1.3 Pharmaceutical
4.1.4 Coatings
4.1.5 Others
4.2 Global Tetrahydrofuran Market Size by Application
4.2.1 Global Tetrahydrofuran Market Size Overview by Application (2018-2029)
4.2.2 Global Tetrahydrofuran Historic Market Size Review by Application (2018-2023)
4.2.3 Global Tetrahydrofuran Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Tetrahydrofuran Sales Breakdown by Application (2018-2023)
4.3.2 Europe Tetrahydrofuran Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Tetrahydrofuran Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Tetrahydrofuran Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Tetrahydrofuran Sales Breakdown by Application (2018-2023)
5 North America Tetrahydrofuran by Country
5.1 North America Tetrahydrofuran Historic Market Size by Country
5.1.1 North America Tetrahydrofuran Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Tetrahydrofuran Sales in Volume by Country (2018-2023)
5.1.3 North America Tetrahydrofuran Sales in Value by Country (2018-2023)
5.2 North America Tetrahydrofuran Forecasted Market Size by Country
5.2.1 North America Tetrahydrofuran Sales in Volume by Country (2024-2029)
5.2.2 North America Tetrahydrofuran Sales in Value by Country (2024-2029)
6 Europe Tetrahydrofuran by Country
6.1 Europe Tetrahydrofuran Historic Market Size by Country
6.1.1 Europe Tetrahydrofuran Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Tetrahydrofuran Sales in Volume by Country (2018-2023)
6.1.3 Europe Tetrahydrofuran Sales in Value by Country (2018-2023)
6.2 Europe Tetrahydrofuran Forecasted Market Size by Country
6.2.1 Europe Tetrahydrofuran Sales in Volume by Country (2024-2029)
6.2.2 Europe Tetrahydrofuran Sales in Value by Country (2024-2029)
7 Asia-Pacific Tetrahydrofuran by Region
7.1 Asia-Pacific Tetrahydrofuran Historic Market Size by Region
7.1.1 Asia-Pacific Tetrahydrofuran Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Tetrahydrofuran Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Tetrahydrofuran Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Tetrahydrofuran Forecasted Market Size by Region
7.2.1 Asia-Pacific Tetrahydrofuran Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Tetrahydrofuran Sales in Value by Region (2024-2029)
8 Latin America Tetrahydrofuran by Country
8.1 Latin America Tetrahydrofuran Historic Market Size by Country
8.1.1 Latin America Tetrahydrofuran Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Tetrahydrofuran Sales in Volume by Country (2018-2023)
8.1.3 Latin America Tetrahydrofuran Sales in Value by Country (2018-2023)
8.2 Latin America Tetrahydrofuran Forecasted Market Size by Country
8.2.1 Latin America Tetrahydrofuran Sales in Volume by Country (2024-2029)
8.2.2 Latin America Tetrahydrofuran Sales in Value by Country (2024-2029)
9 Middle East and Africa Tetrahydrofuran by Country
9.1 Middle East and Africa Tetrahydrofuran Historic Market Size by Country
9.1.1 Middle East and Africa Tetrahydrofuran Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Tetrahydrofuran Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Tetrahydrofuran Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Tetrahydrofuran Forecasted Market Size by Country
9.2.1 Middle East and Africa Tetrahydrofuran Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Tetrahydrofuran Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 BASF
10.1.1 BASF Company Information
10.1.2 BASF Introduction and Business Overview
10.1.3 BASF Tetrahydrofuran Sales, Revenue and Gross Margin (2018-2023)
10.1.4 BASF Tetrahydrofuran Products Offered
10.1.5 BASF Recent Development
10.2 Invista
10.2.1 Invista Company Information
10.2.2 Invista Introduction and Business Overview
10.2.3 Invista Tetrahydrofuran Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Invista Tetrahydrofuran Products Offered
10.2.5 Invista Recent Development
10.3 Penn A Kem
10.3.1 Penn A Kem Company Information
10.3.2 Penn A Kem Introduction and Business Overview
10.3.3 Penn A Kem Tetrahydrofuran Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Penn A Kem Tetrahydrofuran Products Offered
10.3.5 Penn A Kem Recent Development
10.4 LyondellBasell
10.4.1 LyondellBasell Company Information
10.4.2 LyondellBasell Introduction and Business Overview
10.4.3 LyondellBasell Tetrahydrofuran Sales, Revenue and Gross Margin (2018-2023)
10.4.4 LyondellBasell Tetrahydrofuran Products Offered
10.4.5 LyondellBasell Recent Development
10.5 Ashland
10.5.1 Ashland Company Information
10.5.2 Ashland Introduction and Business Overview
10.5.3 Ashland Tetrahydrofuran Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Ashland Tetrahydrofuran Products Offered
10.5.5 Ashland Recent Development
10.6 Mitsubishi
10.6.1 Mitsubishi Company Information
10.6.2 Mitsubishi Introduction and Business Overview
10.6.3 Mitsubishi Tetrahydrofuran Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Mitsubishi Tetrahydrofuran Products Offered
10.6.5 Mitsubishi Recent Development
10.7 Korea PTG
10.7.1 Korea PTG Company Information
10.7.2 Korea PTG Introduction and Business Overview
10.7.3 Korea PTG Tetrahydrofuran Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Korea PTG Tetrahydrofuran Products Offered
10.7.5 Korea PTG Recent Development
10.8 Sipchem
10.8.1 Sipchem Company Information
10.8.2 Sipchem Introduction and Business Overview
10.8.3 Sipchem Tetrahydrofuran Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Sipchem Tetrahydrofuran Products Offered
10.8.5 Sipchem Recent Development
10.9 Dairen Chem
10.9.1 Dairen Chem Company Information
10.9.2 Dairen Chem Introduction and Business Overview
10.9.3 Dairen Chem Tetrahydrofuran Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Dairen Chem Tetrahydrofuran Products Offered
10.9.5 Dairen Chem Recent Development
10.10 Bluestar Chem
10.10.1 Bluestar Chem Company Information
10.10.2 Bluestar Chem Introduction and Business Overview
10.10.3 Bluestar Chem Tetrahydrofuran Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Bluestar Chem Tetrahydrofuran Products Offered
10.10.5 Bluestar Chem Recent Development
10.11 Qianguo Chem
10.11.1 Qianguo Chem Company Information
10.11.2 Qianguo Chem Introduction and Business Overview
10.11.3 Qianguo Chem Tetrahydrofuran Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Qianguo Chem Tetrahydrofuran Products Offered
10.11.5 Qianguo Chem Recent Development
10.12 Markor Chem
10.12.1 Markor Chem Company Information
10.12.2 Markor Chem Introduction and Business Overview
10.12.3 Markor Chem Tetrahydrofuran Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Markor Chem Tetrahydrofuran Products Offered
10.12.5 Markor Chem Recent Development
10.13 Shanxi Sanwei Group
10.13.1 Shanxi Sanwei Group Company Information
10.13.2 Shanxi Sanwei Group Introduction and Business Overview
10.13.3 Shanxi Sanwei Group Tetrahydrofuran Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Shanxi Sanwei Group Tetrahydrofuran Products Offered
10.13.5 Shanxi Sanwei Group Recent Development
10.14 Zibo Hualiyuan
10.14.1 Zibo Hualiyuan Company Information
10.14.2 Zibo Hualiyuan Introduction and Business Overview
10.14.3 Zibo Hualiyuan Tetrahydrofuran Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Zibo Hualiyuan Tetrahydrofuran Products Offered
10.14.5 Zibo Hualiyuan Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Tetrahydrofuran Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Tetrahydrofuran Industrial Chain Analysis
11.4 Tetrahydrofuran Market Dynamics
11.4.1 Tetrahydrofuran Industry Trends
11.4.2 Tetrahydrofuran Market Drivers
11.4.3 Tetrahydrofuran Market Challenges
11.4.4 Tetrahydrofuran Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Tetrahydrofuran Distributors
12.3 Tetrahydrofuran Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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