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Polytetramethylene Ether Glycol Market Industry Analysis, Trend, Growth, Opportunity, Forecast 2018-2025

Author : Rahul Varpe | Published Date : 2019-10-18 

In the coatings industry, the use of polytetramethylene ether glycol improves surface finishing, water resistance hence which makes them suitable for breather fabrics and other applications. Polytetramethylene ether glycol forms an important building blocks for thermoplastic polyurethane and polyetherester elastomers which are widely used in transmission boots, seals and gaskets, air bag covers, covers, hoses and CV joints in automobiles.

In terms of end-users, the global PTMEG market is classified into coatings, adhesives & sealants, textiles, artificial leather, automotive, industrial and leisure & sports. Among the aforementioned segments, textile and sports segment shall generate maximum revenue over the forecast timespan. The product offers excellent properties such as hardness and high resistance at low temperatures hence are widely preferred over conventional polymers.

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Polytetramethylene Ether Glycol (PTMEG) Market size is projected to show tremendous growth owing to its increasing use in the production of polyurethanes, co-polyether esters and co-polyetheramides. Polytetramethylene ether glycol (PTMEG) also known as polytetrahydrofuran is a white waxy substance produced by polymerization of tetrahydrofuran.

 Steadily growing product application in textiles, adhesives & sealants, coatings and automotive industry will be augmenting global PTMEG market size during the assessment period. The product is also widely used in producing spandex fibers which are being extensively used in modern sportswear.

 Some of the niche industrial applications of PTMEG market include gears, conveyor belts, escalator wheels, grain chute liners, tires for fork-lift trucks, pipe linings, marine hoses, printer rolls, mining screens and others. The growing industrialization in the developing economies is anticipated to further boost the polytetramethylene ether glycol market during the forecast period.

PTMEG forms a vital part in the production of essential elastomers such as polyurethanes which are further possessed into finish products via fiber spinning and extrusion process. The growing demand for polyurethanes in electrical & electronics, packaging and construction industries is anticipated to generate substantial revenue for the global polytetramethylene ether glycol market during the review period. Polytetramethylene ether glycol offers excellent properties such as high resiliency, low temperature flexibility, high abrasion resistance that makes them suitable for the use in production of elastomers. Moreover, the growing use of PTMEG in textile industries shall further boost the market growth during the review period.

Partial Chapter of the Table of Content:

Polytetramethylene Ether Glycol (PTMEG) Market, By Application, 2014-2025 (Tons) (USD Million)

  • Spandex
  • Thermoplastic urethane elastomers
  • Co-polyester ether elastomers
  • Others

Polytetramethylene Ether Glycol (PTMEG) Market, By End-user, 2014-2025 (Tons) (USD Million)

  • Coatings
  • Adhesives & sealants
  • Textiles
  • Artificial leather
  • Automotive
  • Industrial
  • Leisure and sports
  • Others

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Some of the key market players in polytetramethylene ether glycol market include BASF SE, INVISTA, Mitsubishi Chemical, Dairen Chemical Corporation, LyondellBasell, DuPont and Sipchem.

Read More:

Carbon black market Growth Analysis By Regional Players | 2019-2025

https://www.marketwatch.com/press-release/carbon-black-market-analysis-and-demand-with-forecast-overview-to-2025-2019-10-17

Piezoelectric Polymers Market Growth Analysis By Regional Players | 2019-2025

https://www.marketwatch.com/press-release/piezoelectric-polymers-market-2019-2025-growth-forecast-industry-share-report-2019-10-17

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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