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BDO-PTMEG-Spandex Market Size, Share Research Report, 2024 | Hexa Research

The global BDO-PTMEG-Spandex market is expected to grow at significant CAGR of over 5.0% between 2016 to 2024, with the global market size estimated at over USD 4.00 billion in 2014. This chemical is primarily used to manufacture polyurethane, GBL, polybutylene terepthalate, tetrahydrofuran, and solvents among few other downstream chemicals.

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BDO-PTMEG-Spandex Market Size, Share Research Report, 2024 | Hexa Research

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  1. Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future BDO-PTMEG-Spandex Market Research Report - Global Industry Analysis, Size, Growth and Forecast to 2024 | Hexa Research The 1, 4-butanediol (BDO) markets stood around USD 4.1 billion in 2014. BDO is growingly used in drug formulations. The worldwide BDO-PTMEG-Spandex market witnesses regulation from several agencies, with either financial or environmental guidelines. BDO has attracted many legislative policies & actions regarding its safe adoption. THF is a key BDO derivative. It experiences catalyzed polymerization to produce polytetramethylene ether glycol (PTMEG). PTMEG refers to a wax-like white solid. It finds applications in the production of polymers like urethane elastomers, polyamides, polymaides, etc. However, one of the key PTMEG uses is the production of elastene/spandex/lycra fiber. The PTMEG market garnered about USD 2.7 billion in 2014. With regards to value chain, BDO is a key raw material in the production of elastene, with PTMEG as the transitional Contact: +1-800-489-3075 Email : sales@hexaresearch.com Website: http://www.hexaresearch.com/

  2. Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future chemical. Globally, spandex produced about USD 2.1 billion in 2014, with China grabbing nearly 30% volumes that year. Chief governmental policymakers controlling market dynamics are EPA, FDA, REACH, European Commission, and ECHA. The BDO-PTMEG-Spandex market is classified as per applications and regions. BDO applications comprise polyurethanes, tetrahydrofuran (THF) and gamma-butyrolactone (GBL), among some others. Browse Details of Report@ https://www.hexaresearch.com/research-report/butanediol-polytetramethylene-ether- glycol-spandex-market THF was the biggest BDO segment in 2014. It occupied nearly half of the total volumes the same year. Urethanes, spandex, and copolysters eslatomers (COPE) are the applications of PTMEG. Spandex dominated the PTMEG market in 2014, with over 75% of the global incomes. Textiles were the leading end-user of elastene in 2014. ‘Medical & hygiene’ followed textiles that year. Augmenting hygiene & safety standards across healthcare amenities should complement this segment in the near future. Regions wise, the market is divided into Asia Pacific, North America, Europe, and Central & South America. In 2014, North America contributed 11.6%, 17%, and 11.3% of the overall PTMEG, BDO, and spandex volumes respectively. The region is marked by adherent policies on human health & ecology. Asia Pacific dominated the market in 2014 regarding the largest sales & consumer base. Key companies in the global BDO-PTMEG-Spandex market consist of Invista, Dairen Chemicals, DuPont, BASF, and Ashland. Market earnings are shared by highly integrated Contact: +1-800-489-3075 Email : sales@hexaresearch.com Website: http://www.hexaresearch.com/

  3. Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future firms. By placing themselves through the value chain, these firms meet the requirements of different end-users and application segments. Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/renewable-chemicals-industry About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/ Follow us on Linkedin: https://www.linkedin.com/company/hexa-research Contact: +1-800-489-3075 Email : sales@hexaresearch.com Website: http://www.hexaresearch.com/

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