Polyoxytetramethylene (PTMG) Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030
Report Overview
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Polyoxytetramethylene (PTMG) market including various factors related to and dependent influencing the market growth.
Polyoxytetramethylene (PTMG) is white waxy solid, it is dissoluble in alcohol, ester, ketone, aromatic hydrocarbons and chlorinated hydrocarbon and is insoluble aliphatic hydrocarbon and water. When the temperature exceeds Polyoxytetramethylene (PTMG) would become transparent liquid beyond room temperature.
It is used to make high specification polyurethanes with enhanced properties such as hydrolysis and microbe resistance, good low temperature performance and excellent resistance to abrasion and physical wear.
Polyoxytetramethylene (PTMG) production has relatively low technology barrier and is labor intensive industry. Currently, there are many producing companies in the world polyoxytetramethylene (PTMG) industry. The main market players are BASF, DCC, Invista, Mitsubishi Chemical, Hyosung and Korea PTG. The polyoxytetramethylene (PTMG) industry has a relatively high concentration and the top three accounted for 49.67% in 2015. BASF is the leader in the global market and the production reached 245 K MT then.
The production of polyoxytetramethylene (PTMG) increases to 1150 K MT in 2016 from 648.4 K MT in 2011 with an average growth rate of about 13.50%. The production market is concentrated in China, USA, Europe, Japan and Asia Other. China is the largest production region and the share reached 40.36% in 2015. The shares of USA, Europe, Japan and Asia Other were 8.50%, 15.05%, 3.14% and 24.95%.
In consumption market, the global sales value decreased with the 13% average descent rate. China is the mainly consumption region due to the bigger demand of downstream applications. This region occupied 35.12% of the global consumption of polyoxytetramethylene (PTMG) in 2015. The sales shares of USA, Europe, Japan and Asia Other were 12.04%, 16.66%, 3.15% and 25.36%.
Global Polyoxytetramethylene (PTMG) market size will increase to 4780 Million US$ by 2030, from 3780 Million US$ in 2020, at a CAGR of 3.0% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Polyoxytetramethylene (PTMG).
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Polyoxytetramethylene (PTMG) market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Polyoxytetramethylene (PTMG) market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Polyoxytetramethylene (PTMG) market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Polyoxytetramethylene (PTMG) Market:
The major competitors working in the market are:
, BASF, Invista, Mitsubishi Chemical, Korea PTG, DCC, Formosa Asahi Spandex, Sanwei, Hyosung, Qingyun, Guodian Younglight, Tianhua Fubang, Jianfeng, Shanxi Coal and Chemical
Market by Order Type
PTMG 650
PTMG 1000
PTMG 1800
PTMG 2000
Polyoxytetramethylene (PTMG) Data by Application
Spandex Fiber
PU Resin
TPEE
Others
Polyoxytetramethylene (PTMG) Production Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
The information about the Polyoxytetramethylene (PTMG) market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Polyoxytetramethylene (PTMG) Market Report:
- To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
- To provide an in-depth analysis of the Polyoxytetramethylene (PTMG) market with information on various segment and sub-segments
- To provide a regional analysis and global analysis for the Polyoxytetramethylene (PTMG) market size and their forecasts
- To provide strategic profiles of the key players operating in the Polyoxytetramethylene (PTMG) market, their key competencies, and market competition
- To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
- The impact of COVID-19 pandemic on the Polyoxytetramethylene (PTMG) market
Target Audiences for Polyoxytetramethylene (PTMG) Market:
- Investors
- Investment Bankers
- Key Consulting Companies and Advisors
- Venture Capitalists
- Large, Medium-sized, and Small enterprises
Customization:
We also provide customized reports according to customer\'s specific requirements. We also provide customization for regional and country-level reports individually.
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