Tetrahydrofuran Market Size

  • Report ID: 3166
  • Published Date: Sep 08, 2025
  • Report Format: PDF, PPT

Tetrahydrofuran Market Outlook:

Tetrahydrofuran Market size was over USD 4.73 billion in 2025 and is poised to exceed USD 8.88 billion by 2035, witnessing over 6.5% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of tetrahydrofuran is evaluated at USD 5.01 billion.

The market growth is driven by increasing demand for tetrahydrofuran (THF) from end user industries, rising number of construction and infrastructural development projects in the world. In 2020, the revenue of the construction industry in the United States alone reached to USD 1.3 billion. The value was almost USD 1 billion in 2018.

In addition, the market revenue is propelled by growing requirement for spandex from textile industry. Tetrahydrofuran is highly used for the manufacturing of the chemical that are used for manufacture swimsuits, sportswear and casual wear. Moreover, rise in usage of THF as adhesive, coating agent and reaction medium is expected to boost the market growth. Furthermore, high demand for polyvinyl chloride (PVC) and polyurethane manufacturing is projected to offer lucrative opportunities to the market.


Tetrahydrofuran Market Size

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2026, the industry size of tetrahydrofuran is evaluated at USD 5.01 billion.

The global tetrahydrofuran market size was worth more than USD 4.73 billion in 2025 and is poised to witness a CAGR of over 6.5%, crossing USD 8.88 billion revenue by 2035.

Asia Pacific tetrahydrofuran market will hold around 58.8% share by 2035, driven by rising plastic production and construction activities.

Key players in the market include Mitsubishi Chemical Corporation, Banner Chemicals Limited, Ashland Global Holdings Inc., DCC plc, Dairen Chemical Corporation, LyondellBasell Industries Holdings B.V., Koch Industries, Inc., Nova Molecular Technologies, Inc., PENNAKEM, LLC.
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