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Date Submitted: 08/22/2016 11:49 PM
BDO –PTMEG - Spandex Market Share, Size, Growth and
Trends Report to 2024: According To Radiant Insights
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.
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.
Click Here for Complete Report @ http://www.radiantinsights.com/research/global-bdo-ptmeg-spandex-market
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...