Specialty & Fine Chemicals Industry BDO-PTMEG-Spandex Market Size, Growth and Trends
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BDO-PTMEG-Spandex Market Share, Size, Analysis, Growth, Industry
Trends and Forecasts, 2016 to 2024 - Report by Hexa Research
The 1, 4-butanediol (BDO) market stood around USD 4.1 billion in 2014. BDO is growingly
used in drug formulations. The worldwide BDO-PTMEG-Spandex market witnesses
regulation from several agencies, with either financial or environmental guidelines. BDO has
attracted many legislative policies & actions regarding its safe adoption.
THF is a key BDO derivative. It experiences catalyzed polymerization to produce
polytetramethylene ether glycol (PTMEG). PTMEG refers to a wax-like white solid. It finds
applications in the production of polymers like urethane elastomers, polyamides,
polymaides, etc. However, one of the key PTMEG uses is the production of
elastene/spandex/lycra fiber.
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