Polytetrahydrofuran (PTMEG) Market Expanding At A CAGR Of 3.6%, Reaching USD 3,437.29 Mn by 2027
Research Viewpoint on Polytetrahydrofuran (PTMEG) Market Outlook: The ring-opening reaction of the monomer tetrahydrofuran to form polytetrahydrofuran gives rise to polytetrahydrofuran, a polymer. This monomer has the formula (CH2)4O. Polytetrahydrofuran, a polyether made from 1,4-butanediol, is well-known. Polytetramethylene glycol (PTMEG), or Polytetramethylene oxygen are other names for it. The product is sold commercially as a white, solid waxy substance. Polytetrahydrofuran can be used to make elastic fibers such as spandex (elastane), for stretchable fabrics, and polyurethane resins. Expected Growth: The global Polytetrahydrofuran (PTMEG) market size was valued at USD 2,649.3 Million in 2019 and is projected to reach USD 3,437.29 Million by 2027, expanding at a CAGR of 3.6% during the…
- Date: November 24, 2022
- Author: Thomas Bretz
- Category: Taiwan News