Specialty and Fine Chemicals Reports BDO-PTMEG-Spandex Market Research Report | Page 2
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Chief governmental policymakers controlling market dynamics are EPA, FDA, REACH,
European Commission, and ECHA. The BDO-PTMEG-Spandex market is classified as per
applications and regions. BDO applications comprise polyurethanes, tetrahydrofuran (THF)
and gamma-butyrolactone (GBL), among some others.
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THF was the biggest BDO segment in 2014. It occupied nearly half of the total volumes the
same year. Urethanes, spandex, and copolysters eslatomers (COPE) are the applications
of PTMEG. Spandex dominated the PTMEG market in 2014, with over 75% of the global
incomes. Textiles were the leading end-user of elastene in 2014.
‘Medical & hygiene’ followed textiles that year. Augmenting hygiene & safety standards
across healthcare amenities should complement this segment in the near future. Regions
wise, the market is divided into Asia Pacific, North America, Europe, and Central & South
America.
In 2014, North America contributed 11.6%, 17%, and 11.3% of the overall PTMEG, BDO,
and spandex volumes respectively. The region is marked by adherent policies on human
health & ecology. Asia Pacific dominated the market in 2014 regarding the largest sales &
consumer base.
Key companies in the global BDO-PTMEG-Spandex market consist of Invista, Dairen
Chemicals, DuPont, BASF, and Ashland. Market earnings are shared by highly integrated
firms. By placing themselves through the value chain, these firms meet the requirements of
different end-users and application segments.
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