Expanding use of 1, 4-Butanediol (BDO) in drug formulations will
positively impact the market growth over the forecast period. Chief
derivative for 1, 4- butanediol is Tetrahydrofuran (THF). Additionally,
THF undergoes catalyze polymerization and forms a white waxy liquid
known as polytetramethylene ether glycol (PTMEG). It is further used in
polyesters, urethane elastomers and polyamides production. Moreover,
PTMEG is essentially being used in Lycra/spandex/elastene fiber
production. In terms of value chain, PTMEG may act as an intermediate
chemical in production of elastene. BDO plays a key role as a primary
feedstock in the process.
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PTMEG market accounted for significant share in 2014 and will grow lucratively over the forecast period. The industry is regulated by several agencies associated with policies & regulations. Key regulatory policymakers in the market are European Commission, European Chemicals Agency (ECHA) and U.S Food& Drug Administration.
The BDO-PTMEG-Spandex market is fragmented in applications and regions. BDO applications include Tetrahydrofurane, Polybutylene terephthalate, Polyurethane and gamma-butyrolactone (GBL). Additionally, THF dominated the market accounting for the major share in 2014.
PTMEG applications consist of urethanes, spandex and copolyesters eslatomers. Spandex led the market contributing for the highest share in 2014. Also, rising scope of latter in hygiene products, automotive interiors, textiles and medical wear is credited to market expansion.
Textiles were the major end-user for elastene. Medical & hygiene was the second largest application segment. Escalating safety & hygiene standards in medical facilities in emerging countries will positively affect the segment growth. In addition, automotive interior is likely to experience substantial gains over the coming years.
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Click Here for Complete Report @ http://www.radiantinsights.com/research/global-bdo-ptmeg-spandex-market
PTMEG market accounted for significant share in 2014 and will grow lucratively over the forecast period. The industry is regulated by several agencies associated with policies & regulations. Key regulatory policymakers in the market are European Commission, European Chemicals Agency (ECHA) and U.S Food& Drug Administration.
The BDO-PTMEG-Spandex market is fragmented in applications and regions. BDO applications include Tetrahydrofurane, Polybutylene terephthalate, Polyurethane and gamma-butyrolactone (GBL). Additionally, THF dominated the market accounting for the major share in 2014.
PTMEG applications consist of urethanes, spandex and copolyesters eslatomers. Spandex led the market contributing for the highest share in 2014. Also, rising scope of latter in hygiene products, automotive interiors, textiles and medical wear is credited to market expansion.
Textiles were the major end-user for elastene. Medical & hygiene was the second largest application segment. Escalating safety & hygiene standards in medical facilities in emerging countries will positively affect the segment growth. In addition, automotive interior is likely to experience substantial gains over the coming years.
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Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
28 2nd Street,
Suite 3036 San Francisco,
CA 94105 United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Website: http://www.radiantinsights.com/
Email: sales@radiantinsights.com
Visit our Blog: http://chemicalsandmaterialsri.blogspot.com/
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