Polytetramethylene ether glycol (PTMEG) is a linear polyether glycol with hydroxyl groups on both ends and characterized by properties such as waxy, white solid that melts to a clear, colorless viscous liquid near room temperature. PTMEG is produced by the catalyzed polymerization of tetrahydrofuran (THF).
PTMEG is intensively used as raw material for Spandex Fibers, Polyurethane Elastomers, and Copolyester-ether Elastomers.
Spandex is the largest end use for PTMEG, accounting for more than XX% of global demand annually. This elastomeric fiber is used mainly in apparel, including undergarments, hosiery and athletic outfits, as well as in baby diapers, bandages, and home furnishings. PTMEG demand for spandex is expected to increase at about XX% per year through 2019. PTMEG-based urethanes offer resistance to hydrolysis and fungus, flexibility at low temperatures, low heat buildup, high resiliency, low viscosity and very low noise characteristics, making them suitable for such diverse markets as automotive hoses and gaskets, forklift tires, roller skate wheels, industrial belts, tank and pipe liners, shoes (e.g., athletic shoes), and medical prostheses, catheters and other medical devices.
COPE are high-performance engineering materials relatively easy to process, resistant to oil and many chemicals, and have low-temperature-flexibility characteristics. COPE are used in many automotive applications, such as seating, airbag deployment, air intake ducts, hoses and tubing, as well as in breathable films for medical applications.
Asia-Pacific is the major consumer of PTMEG, due to the demand of major end user segments the emerging economies such as India and China. China contributes XX% of total global consumption in 2014, and is expected to grow at XX % CAGR by 2019. The majority of major players are presence in the region and witnessing new plants and capacity expansions in China, to supply the country's rapidly growing market for spandex. North America has accounted for XX % market share followed by Asia-Pacific in 2014.
The market is projected to grow at a CAGR of XX.X% during 2014-2019.
This market research study provides a detailed qualitative and quantitative analysis of the global PTMEG market. Various secondary sources, such as encyclopedia, directories, industry journals, and databases are used to identify and collect information useful for this extensive commercial study of the fatty acid market. The primary sources include experts from related industries and suppliers who have been interviewed to obtain and verify critical information as well as to assess the future prospects of the market.
Competitive scenarios of the top players in the PTMEG market have been discussed in detail. Leading players of this industry with their recent developments and other strategic industry activities are also covered in the report. Companies, such as BASF SE (Germany), Mitsubishi Chemical Corp (Japan), Dairen Chemical Corporation (China) band other are operating in this market.
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