Global Polytetramethylene Ether Glycol (PTMEG) Market Insights, Forecast to 2028

Polytetramethylene ether glycol (PTMG) is hygroscopic polymer made up of liner diols with a backbone of repeating tetramethylene units which are connected by ether linkages, are produced by polymerizing tetrahydrofuran (THF). PTMG is a waxy, white solid that melts to a clear, colorless, viscous liquid near room temperature.
PTMEG is main soft segments of Thermoplastic polyurethane elastomers (TPE-U, TPU), thermoplastic polyester elastomers (TPE-E), Polyurethane fibers (Elastane), Spandex fiber, Polyurethane cast elastomers, thermoplastic polyamide elastomers (TPE-A), Polyurethane coatings, Polyurethane adhesives.

Market Analysis and Insights: Global Polytetramethylene Ether Glycol (PTMEG) Market
Due to the COVID-19 pandemic, the global Polytetramethylene Ether Glycol (PTMEG) market size is estimated to be worth US$ 16350 million in 2022 and is forecast to a readjusted size of US$ 21170 million by 2028 with a CAGR of 4.4% during the review period. Fully considering the economic change by this health crisis, PTMEG 250 accounting for % of the Polytetramethylene Ether Glycol (PTMEG) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Paints and Coatings segment is altered to an % CAGR throughout this forecast period.
China Polytetramethylene Ether Glycol (PTMEG) market size is valued at US$ million in 2021, while the US and Europe Polytetramethylene Ether Glycol (PTMEG) are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Polytetramethylene Ether Glycol (PTMEG) landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Polytetramethylene Ether Glycol (PTMEG) include BASF, Chang Chun Group, Hyosung, The LYCRA Company, Mitsubishi Chemical, KOREA PTG (Yongsan Chemicals), Sinopec, Lyondell Chemical and Sichuan Tianhua Fubang Chemical, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Polytetramethylene Ether Glycol (PTMEG) capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Polytetramethylene Ether Glycol (PTMEG) by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Polytetramethylene Ether Glycol (PTMEG) Scope and Segment
Polytetramethylene Ether Glycol (PTMEG) market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Polytetramethylene Ether Glycol (PTMEG) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
PTMEG 250
PTMEG 650
PTMEG 1000
PTMEG 1400
PTMEG 1800
PTMEG 2000
PTMEG 3000
Others
Segment by Application
Paints and Coatings
Automotive
Textiles
Other
By Company
BASF
Chang Chun Group
Hyosung
The LYCRA Company
Mitsubishi Chemical
KOREA PTG (Yongsan Chemicals)
Sinopec
Lyondell Chemical
Sichuan Tianhua Fubang Chemical
Hangzhou Sanlong New Materials
Markor Meiou Chemical
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E