Tetrahydrofuran (THF) Prices, News, Market Analysis | ChemAnalyst

1. Tetrahydrofuran Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Market Overview Quarterly Update on Global Tetrahydrofuran (THF) Market Asia In Asia, solid demand from several downstream sectors and tight supply pushed up the prices of THF during Q1 2021. Europe-Asia route congestion created shortage of feedstock BDO (1,4-butanediol) as well as THF. In the Indian market, price of THF surged from USD 2436.2 per MT in January to USD 2597.4 per MT in March, under global inflation in petrochemical prices. Get more info : https://www.chemanalyst.com/Pricing- data/tetrahydrofuran-1213

2. Tetrahydrofuran Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Meanwhile, the global market was facing huge crisis of BDO, that sky-rocketed the prices of BDO and its derivative products including THF. In addition, container shortage from Europe to Asia and Chinese Lunar holidays left adverse impact on the supply fundamentals across the region. North America The North American THF supply remained curtailed due to shortage of feedstock BDO across the region during Q1 2021. LyondellBasell’s upstream Propylene Oxide (PO) manufacturing plant at Texas faced force majeure in Feb., which sent ripples to the production volumes of BDO across the region. In addition, BASF also increased the prices of BDO and THF by USD 330 per MT and USD 440.5 per MT respectively in North America. The price increase will be implemented with effect from 1stApril 2021 in the region respectively. Europe The European region faced challenges like other regions of the globe. The region was heard dealing with acute shortage of the feedstock BDO due to multiple reasons, one of them being shortage of shipping containers. LyondellBasell’s upstream PO manufacturing unit in Rotterdam faced force majeure due to technical instability, which affected the production of THF across the region, thereby strengthening its prices. BASF was heard positively increasing the prices of BDO and THF in Europe in both the months of January and March. How we can help ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on.

3. Tetrahydrofuran Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion- dollar projects globally. Methodology ChemAnalyst gathers information through primary research surveys conducted with various Tetrahydrofuran (THF) the domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market. manufacturers, spread across Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Tetrahydrofuran (THF) market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility. Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe. Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Tetrahydrofuran (THF) market.

4. Tetrahydrofuran Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on weekly, monthly and yearly basis. Finally, region-specific markets for Tetrahydrofuran (THF) are analyzed and region-wise demand pattern is tracked. About Tetrahydrofuran (THF), also known as Oxolane, is an organic compound having transparent liquid appearance at room temperature. THF is a polar versatile solvent which can be mixed in water and have lower viscosity. There are several methods available to produce THF including a traditional one which is not feasible to be used these days. One commercial method is the Reppe synthesis. In this process 1,4-butanediol is dehydrogenated in the presence of acid catalyst to yield THF. Another less popular method is hydroformylation of allyl alcohol. Some manufacturers like DuPont have their own method to produce THF, DuPont uses n-butane for the production. THF has multiple industrial applications like it is widely used as solvent for polymer, resins, fat oils, protective coatings etc. In addition, it is utilised in paints, adhesives, coating, pharmaceuticals, agrochemicals, making polyurethane spandex etc.