

Tetrahydrofuran (THF) Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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The Tetrahydrofuran (THF) market research reports indicate a steady growth trajectory driven by increasing demand from various industries such as pharmaceuticals, polymers, and textiles. The market size is expected to reach $1.5 billion by 2025, propelled by technological advancements and expanding applications in different sectors.
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◍ Ashland, Inc. (US)
◍ BASF SE (Germany)
◍ BioAmber, Inc. (Canada)
◍ Dairen Chemical Corporation (China)
◍ Invista (US)
The Tetrahydrofuran (THF) market is highly competitive with key players such as Ashland, Inc., BASF SE, Mitsubishi Chemical Corporation, and others offering THF for various applications such as pharmaceuticals, polymers, and solvents. These companies drive market growth through product innovation, strategic partnerships, and expanding global presence.
- Ashland, Inc. had sales revenue of $2.04 billion in 2020.
- BASF SE had sales revenue of $61.72 billion in 2020.
◍ Mitsubishi Chemical Corporation (Japan)
◍ Penn A Kem LLC (US)
◍ Saudi International Petrochemical Company (Saudi Arabia)
◍ Shanxi Sanwei Group Co., Ltd. (China)
◍ Sigma-Aldrich Corp. (US)
- BioAmber, Inc. specializes in bio-based THF production.
- Dairen Chemical Corporation is a major THF producer in China.
◍ Sinochem International Corporation (China)
◍ TCC Chemical Corporation (Taiwan)
◍ Zibo Linzi Bingqing Fine Chemical Factory (China)
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Solvent
Organic Material
Anticorrosive Coatings
Printing Ink
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Chemical Grade
Reagent Grade
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$ X Billion USD