2-Methyltetrahydrofuran Market to 2021- Capacity, Production, Revenue Analysis and Market Share by Region
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2-<strong>Methyltetrahydrofuran</strong> <strong>Market</strong> <strong>to</strong> <strong>2021</strong>- <strong>Capacity</strong>,<br />
<strong>Production</strong>, <strong>Revenue</strong> <strong>Analysis</strong> <strong>and</strong> <strong>Market</strong> <strong>Share</strong> <strong>by</strong><br />
<strong>Region</strong><br />
“Global 2-<strong>Methyltetrahydrofuran</strong> market is anticipated <strong>to</strong> rise<br />
at a positive CAGR in the predicted period. 2-<br />
<strong>Methyltetrahydrofuran</strong> (2-MeTHF) is a multipurpose aprotic<br />
solvent <strong>and</strong> an excellent substitute for tetrahydrofuran <strong>and</strong><br />
other organometallic reactions. MeTHF possesses a number of<br />
properties that enables as a preferred solvent.”<br />
Global 2-<strong>Methyltetrahydrofuran</strong> market is anticipated <strong>to</strong> rise at a positive CAGR in the predicted period. 2-<br />
<strong>Methyltetrahydrofuran</strong> (2-MeTHF) is a multipurpose aprotic solvent <strong>and</strong> an excellent substitute for tetrahydrofuran<br />
<strong>and</strong> other organometallic reactions. MeTHF possesses a number of properties that enables as a preferred solvent. A<br />
property such as limited miscibility with water easing in<strong>to</strong> product recovery, lower recycle costs, cleaner phase<br />
separations in comparison with other processes <strong>and</strong> is also useful for generating high concentrations of homogenous<br />
solutions. Additional features such as high yielding of benzyl <strong>and</strong> allyl Grignard reagents, enhanced yielding of<br />
additional products in systems in which THF gives higher yields of reduction product <strong>and</strong> also it allows higher reaction<br />
temperature <strong>and</strong> lower losses.<br />
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2-MeTHF is much effective solvent in case of biphasic reactions particularly for reaction with aqueous sodium<br />
hydroxide such as amidation, nucleophilic <strong>and</strong> alkylation reactions. MeTHF exhibits clean phasic separations in these<br />
reactions <strong>and</strong> high reactivity. The compound should be h<strong>and</strong>led with utmost care since it is a flammable liquid with a<br />
mildly irritating pungent smell. It is even flammable when mixed with air or when exposed <strong>to</strong> explosive sources.<br />
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Fac<strong>to</strong>rs such as growing dem<strong>and</strong> for eco-friendly corncobsis expected <strong>to</strong> drive market growth in the future. Moreover,<br />
features of methyltetrahydrofuransuch volatility, general purpose organic solvent <strong>and</strong> outst<strong>and</strong>ing solvent strength<br />
for several organic substances adds <strong>to</strong> the market growth. In addition, growth in the methyltetrahydrofuran market is<br />
propelled <strong>by</strong> extensive applications of MeTHF in various verticals. Overall, the global market growth is expected <strong>to</strong> rise<br />
at a higher CAGR in the upcoming years owing <strong>to</strong> driving fac<strong>to</strong>rs across the globe.<br />
Geographically, the 2-<strong>Methyltetrahydrofuran</strong> market spans North America, Latin America, Europe, Asia-Pacific,<br />
Middle-East <strong>and</strong> Africa. APAC market is expected <strong>to</strong> witness a higher CAGR growth in the predicted period. China is<br />
expected <strong>to</strong> grow at a robust rate owing <strong>to</strong> largest producer in the market. The key players in the 2-<br />
<strong>Methyltetrahydrofuran</strong> market include Dairen Chemical Corporation, Ashl<strong>and</strong> Inc, Mitsubishi Chemical Corporation,<br />
Saudi International Petrochemical company, Shanxi Sanwei Group Co Ltd, Sigma-Aldrich Corp, Sinochem International<br />
Corporation, TCC Chemical Corporation.<br />
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This report studies 2-MethylTetrahydrofuran in Global market, especially in North America, Europe, China, Japan,<br />
Southeast Asia <strong>and</strong> India, focuses on <strong>to</strong>p manufacturers in global market, with capacity, production, price, revenue<br />
<strong>and</strong> market share for each manufacturer, covering<br />
• Ashl<strong>and</strong><br />
• BASF<br />
• Avantium<br />
• Mitsubishi Chemical<br />
• Avantium<br />
• DynaChem
<strong>Market</strong> Segment <strong>by</strong> <strong>Region</strong>s, this report splits Global in<strong>to</strong> several key <strong>Region</strong>s, with production, consumption,<br />
revenue, market share <strong>and</strong> growth rate of 2-MethylTetrahydrofuran in these regions, from 2011 <strong>to</strong> <strong>2021</strong> (forecast),<br />
like<br />
• North America<br />
• Europe<br />
• China<br />
• Japan<br />
• Southeast Asia<br />
• India<br />
Split <strong>by</strong> product type, with production, revenue, price, market share <strong>and</strong> growth rate of each type, can be divided<br />
in<strong>to</strong><br />
• Type I<br />
• Type II<br />
• Type III<br />
Split <strong>by</strong> application, this report focuses on consumption, market share <strong>and</strong> growth rate of 2-MethylTetrahydrofuran<br />
in each application, can be divided in<strong>to</strong><br />
• Application 1<br />
• Application 2<br />
• Application 3
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