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Tetrahydrofuran (THF) is a colorless, water-miscible organic solvent with a wide range of applications. It is used in the production of polymers, pharmaceuticals, and agrochemicals, as well as in the extraction of natural products. THF is also used as a solvent for paints, coatings, and inks, and as a reagent in organic synthesis. It is a versatile solvent due to its low boiling point, low viscosity, and high solubility in both polar and non-polar compounds.
The THF market is driven by the increasing demand for solvents in various industries, such as pharmaceuticals, agrochemicals, and paints and coatings. The growing demand for polymers and the increasing use of THF as a reagent in organic synthesis are also contributing to the growth of the market.
Some of the major companies in the THF market include BASF, Dow Chemical, Eastman Chemical, ExxonMobil, and Shell. Show Less Read more