Global Tetrahydrofuran Market Size & Outlook, 2023-2030
The tetrahydrofuran industry worldwide is expected to reach a projected revenue of US$ 7,130.0 million by 2030. A compound annual growth rate of 6.7% is expected of the worldwide tetrahydrofuran industry from 2024 to 2030.
Revenue, 2023 (US$M)
$4,528.5
Forecast, 2030 (US$M)
$7,130.0
CAGR, 2024 - 2030
6.7%
Report Coverage
Worldwide
Global tetrahydrofuran market, 2018-2030 (US$M)
Global tetrahydrofuran market highlights
- The global tetrahydrofuran market generated a revenue of USD 4,528.5 million in 2023 and is expected to reach USD 7,130.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.7% by 2030.
- In terms of segment, reppe process accounted for a revenue of USD 4,528.5 million in 2023.
- Reppe Process is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 4,528.5 million |
| Market revenue in 2030 | USD 7,130.0 million |
| Growth rate | 6.7% (CAGR from 2023 to 2030) |
| Largest segment | Reppe process |
| Fastest growing segment | Reppe Process |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reppe Process |
Other key industry trends
- In terms of revenue, the North America accounted for 19.4% of the global tetrahydrofuran market in 2023.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Tetrahydrofuran Market Scope
Tetrahydrofuran market segmentation & scope
Application
Polytetramethylene Ether Glycol (PTMEG)
Solvents
Others
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Norway
Sweden
Denmark
South Africa
Saudi Arabia
UAE
Kuwait
China
India
Japan
South Korea
Thailand
Australia
Brazil
Argentina
Tetrahydrofuran Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global tetrahydrofuran market size, by regions, 2018-2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
