The global Polyoxytetramethylene (PTMG) market was valued at US$ 2319 million in 2020 and it is expected to reach US$ 2890.4 million by the end of 2027, growing at a CAGR of 3.1% during 2021-2027.
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.
The major players in global Polyoxytetramethylene (PTMG) market include BASF, DCC, etc. The top 2 players occupy about 45% shares of the global market. APAC is the main market, and occupies about 80% of the global market. PTMG 1800/2000 is the main type, with a share about 50%. Spandex Fiber is the main application, which holds a share about 85%.
Global Polyoxytetramethylene (PTMG) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Polyoxytetramethylene (PTMG) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Basf, The Lycra Company, Mitsubishi Chemical, Korea PTG, DCC, Formosa Asahi Spandex, Sanwei, Hyosung, Qingyun, Sinopec Great Wall Energy, Tianhua Fubang, Jianfeng, Shaanxi Coal & Chemical and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- PTMG 650
- PTMG 1000
- PTMG 1800/2000
Segment by Application
- Spandex Fiber
- PU Resin
Table of Content:
1 Polyoxytetramethylene (PTMG) Market Overview
2 Polyoxytetramethylene (PTMG) Market Competition by Manufacturers
3 Polyoxytetramethylene (PTMG) Retrospective Market Scenario by Region
4 Global Polyoxytetramethylene (PTMG) Historic Market Analysis by Type
5 Global Polyoxytetramethylene (PTMG) Historic Market Analysis by Application
6 Key Companies Profiled
7 Polyoxytetramethylene (PTMG) Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Polyoxytetramethylene (PTMG) Market Dynamics
10 Global Polyoxytetramethylene (PTMG) Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta