India THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market - Industry Trends and Forecast to 2027

India THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market - Industry Trends and Forecast to 2027

Short Description

India THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market By Purity (Industrial Class (5 wt. %), Common Class (8 wt. %), Electric Capacitance Class (9 wt. %), Process (Acetylene-Based Process, Butadiene-Based Process, Butadiene-Based Process, Maleic Anhydride-Based Process, Propylene Oxide-Based Process), Application (THF (Tetrahydrofuran), POLY THF, GBL (Gamma Butyrolactone)) Market Trends and Forecast to 2027

Market Definition
THF and GBL are the colourless chemical liquids miscible in water which acts as a solvent in the variety of products. GBL is a chemical that is mainly used in the manufacturing of medicines, which is also used to improve the performance in athletes and in order to get relief from stress. THF acts as a solvent in variety of products that is used in the production of spandex fibres and PVC, this makes product more elastic which increases the productivity of the product. THF and GBL have a vast demand in production procedures as it provides more efficiency and longevity to the products in the production procedure.

Market Segmentation
India THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market is segmented into three notable segments which are based on the basis of purity, process and application.
• On the basis of purity, the market is segmented into (industrial class (5 wt. %), common class (8 wt. %) and electric capacitance class (9 wt. %)
• On the basis of process, the market is segmented into acetylene-based process, butadiene-based process, maleic anhydride-based process and propylene oxide-based process
• On the basis of application, the market is segmented into THF (tetrahydrofuran), POLY THF, GBL (gamma butyrolactone)

Market Players
• BASF SE
• Mitsubishi Chemical Corporation
• Merck KGaA
• LyondellBasell Industries Holdings B.V.
• TORAY INDUSTRIES INC.Standard Reagents Pvt. Ltd.
• Pennakem, LLC
• Dairen Chemical Corporation
• Sipchem
• Ashland

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1 Introduction 10
1.1 Objectives Of The Study 10
1.2 Market Definition 10
1.3 Overview Of India Thf (Tetrahydrofuran) And Gbl (Gamma Butyrolactone) Market 10
1.4 Limitation 11
1.5 Markets Covered 11
2 Market Segmentation 13
2.1 Markets Covered 13
2.2 Geographical Scope 14
2.3 Years Considered For The Study 14
2.4 Currency And Pricing 14
2.5 Dbmr Tripod Data Validation Model 15
2.6 Technology Life Line Curve 18
2.7 Multivariate Modelling 19
2.8 Primary Interviews With Key Opinion Leaders 20
2.9 Dbmr Market Position Grid 22
2.10 Market Application Coverage Grid 23
2.11 Dbmr Market Challenge Matrix 24
2.12 Import-export Data 25
2.13 Secondary Sources 26
2.14 Assumptions 27
3 Executive Summary 28
4 Premium Insights 30
4.1 End-users In India 31
4.2 Manufacturers In India 33
4.3 Suppliers In India 34
4.4 Call Transcripts 35
4.4.1 A. B. Enterprises 35
4.4.2 Alpha Chemika 35
4.4.3 B.S. Mehra & Sons 35
4.4.4 Central Drug House (P) Ltd 36
4.4.5 Gayatri Industries 36
4.4.6 Harshil Chem 36
4.4.7 Hridaan Pharma Chem 36
4.4.8 Kip Chemicals 37
4.4.9 Loba Chemic Pvt Ltd 37
4.4.10 Manas Petrochemical 37
4.4.11 Meru Chem Pvt Ltd 37
4.4.12 Oc Specialities Private Limited 37
4.4.13 Shalimar Petrochemical 38
4.4.14 Solchem Enterprise 38
4.4.15 Vizag Chemical 38
5 Market Overview 39
5.1 Drivers 41
5.1.1 Growing Demand Of Thf In Spandex Fibers 41
5.1.2 Increasing Consumption Of Thf As Resin Solvent In Pvc & Cpvc Pipes 41
5.1.3 Growing Application Of Thf And Gbl In Co-polyester-ether Elastomers 41
5.2 Restraints 42
5.2.1 Harmful Health Impact Of Gbl 42
5.2.2 High Toxicity And Flammability Of Thf 42
5.3 Opportunity 43
5.3.1 Development Of Thf And Gbl Via Bio-succinic Acid Technology 43
5.4 Challenges 43
5.4.1 High Emission Of Pollutants In Furfural Method 43
5.4.2 High Toxicity Leads To Harmful Environment For Workers In Manufacturing Facilities 44
6 India Thf (Tetrahydrofuran) And Gbl (Gamma Butyrolactone) Market, By Purity 45
6.1 Overview 46
6.2 Industrial Class (5 Wt.%) 47
6.3 Common Class (8 Wt.%) 47
6.4 Electric Capacitance Class (9 Wt.%) 47
7 India Thf (Tetrahydrofuran) And Gbl (Gamma Butyrolactone) Market, By Process 48
7.1 Overview 49
7.2 Acetylene-based Process 50
7.3 Maleic Anhydride-based Process 50
7.4 Butadiene-based Process 50
7.5 Propylene Oxide-based Process 50
8 India Thf (Tetrahydrofuran) And Gbl (Gamma Butyrolactone) Market, By Application 51
8.1 Overview 52
8.2 Poly Thf 53
8.2.1 Spandex 53
8.2.2 Tpu 53
8.2.3 Melt Elastomers 53
8.2.4 Tpee 53
8.3 Gbl (Gamma Butyrolactone) 54
8.3.1 By Application 54
8.3.1.1 Pharmaceuticals 54
8.3.1.2 Solvents 54
8.3.1.3 Phytosanitary 54
8.3.2 By End-user 55
8.3.2.1 Medical Products 55
8.3.2.2 Industrial Applications 55
8.3.2.3 Cosmetics 55
8.3.2.4 Others 55
8.4 Thf (Tetrahydrofuran) 56
8.4.1 By Application 56
8.4.1.1 Solvents 56
8.4.1.2 Pharmaceuticals 56
8.4.2 By End-user 56
8.4.2.1 Chemical Manufacturing Processes 57
8.4.2.2 Plasticizers 57
8.4.2.3 Adhesives And Sealants 57
8.4.2.4 Paints And Coatings 57
8.4.2.5 Building/Construction Materials 57
8.4.2.6 Laboratory Chemicals 57
8.4.2.7 Others 57
9 India Thf (Tetrahydrofuran) And Gbl (Gamma Butyrolactone) Market, Company Landscape 58
9.1 Merger & Acquisition 59
9.2 Expansions 59
9.3 Partnership And Strategic Developments 59
10 Swot Analysis And Databridge Market Research Analysis 60
10.1 Swot Analysis 60
10.2 Databridge Market Research Analysis 62
11 Company Profiles 63
11.1 Basf Se 63
11.1.1 Company Snapshot 63
11.1.2 Revenue Analysis 63
11.1.3 Product Portfolio 64
11.1.4 Recent Development 64
11.2 Mitsubishi Chemical Corporation 65
11.2.1 Company Snapshot 65
11.2.2 Revenue Analysis 65
11.2.3 Product Portfolio 66
11.2.4 Recent Development 66
11.3 Merck Kgaa 67
11.3.1 Company Snapshot 67
11.3.2 Revenue Analysis 67
11.3.3 Product Portfolio 68
11.3.4 Recent Development 69
11.4 Lyondellbasell Industries Holdings B.V. 70
11.4.1 Company Snapshot 70
11.4.2 Revenue Analysis 70
11.4.3 Product Portfolio 71
11.4.4 Recent Development 71
11.5 Toray Industries, Inc. 72
11.5.1 Company Snapshot 72
11.5.2 Revenue Analysis 72
11.5.3 Product Portfolio 73
11.5.4 Recent Development 73
11.6 Pennakem, Llc 74
11.6.1 Company Snapshot 74
11.6.2 Product Portfolio 74
11.6.3 Recent Development 74
11.7 Standard Reagents Pvt. Ltd 75
11.7.1 Company Snapshot 75
11.7.2 Product Portfolio 75
11.7.3 Recent Development 75
11.8 Dairen Chemical Corporation 76
11.8.1 Company Snapshot 76
11.8.2 Product Portfolio 76
11.8.3 Recent Development 76
11.9 Sipchem 77
11.9.1 Company Snapshot 77
11.9.2 Product Portfolio 77
11.9.3 Recent Developments 78
11.10 Ashland 79
11.10.1 Company Snapshot 79
11.10.2 Revenue Analysis 79
11.10.3 Product Portfolio 80
11.10.4 Recent Development 80
12 Questionnaire 81
13 Conclusion 83
14 Related Reports 84

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