The report offers detailed coverage of Polyoxytetramethylene (PTMG) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Polyoxytetramethylene (PTMG) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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%.
The report forecast global Polyoxytetramethylene (PTMG) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
First, this report covers the present status and the future prospects of the global Polyoxytetramethylene (PTMG) market for 2015-2027.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
BASF
Invista
Mitsubishi Chemical
Korea PTG
DCC
Formosa Asahi Spandex
Sanwei
Hyosung
Qingyun
Guodian Younglight
Tianhua Fubang
Jianfeng
Shanxi Coal and Chemical
At the same time, we classify Polyoxytetramethylene (PTMG) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
PTMG 650
PTMG 1000
PTMG 1800
PTMG 2000
Market by Application
Spandex Fiber
PU Resin
TPEE
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Polyoxytetramethylene (PTMG) market for the forecast period 2021 - 2027?
• What are the driving forces in the Polyoxytetramethylene (PTMG) market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Polyoxytetramethylene (PTMG) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?