세계의 폴리테트라메틸렌 에테르 글리콜 시장 : 기회, 성장 촉진요인, 산업 동향 분석 및 예측(2025-2034년)

The Global Polytetramethylene Ether Glycol Market reached USD 2.7 billion in 2024 and is projected to grow at 8.1% CAGR from 2025 to 2034. PTMEG is a valuable raw material that plays a crucial role in the production of various thermoplastic urethane elastomers, including polyurethanes, polyesters, and polyamide elastomers. The market's growth is largely driven by the increasing demand for high-performance materials across several industries, including automotive, apparel, and medical textiles.

One of the key factors contributing to the market growth is the rising demand for spandex fibers used in products such as activewear, medical bandages, and hygiene products. The versatility of PTMEG in the production of thermoplastic urethane elastomers further supports its expanding use in automotive interiors, home furnishings, and other applications. However, the market faces challenges due to the high production costs of PTMEG and environmental concerns surrounding its manufacturing processes. As a result, the industry is focusing on innovation and the development of more sustainable production methods to address these challenges.

In 2024, the spandex segment of the polytetramethylene ether glycol market was valued at USD 1.9 billion and is expected to grow at a CAGR of 8.4% during 2025-2034. The demand for high-performance fabrics, especially in activewear and sports apparel, is driving the growth of this segment. Spandex is also widely used in medical textiles, where its flexibility and stretchability are crucial. The increased focus on fitness and wellness has heightened the need for comfortable, stretchable fabrics, further boosting the demand for PTMEG. Additionally, advancements in spandex production are improving the durability, flexibility, and moisture-wicking properties of these fabrics.

The textiles segment, valued at USD 1.1 billion in 2024, is also experiencing significant growth, with an expected CAGR of 8.5% from 2025 to 2034. The increasing demand for high-quality, durable textiles in sectors such as home furnishings, automotive interiors, and industrial applications is driving the growth of PTMEG in this area. PTMEG is essential in producing thermoplastic polyurethanes (TPUs) and elastomers that enhance the flexibility, strength, and wear resistance of textiles.

U.S. polytetramethylene ether glycol market was valued at USD 350.6 million in 2024 and is anticipated to grow at a CAGR of 7.9% through 2034. The U.S. remains a dominant player in the North American PTMEG market, driven by a robust chemical manufacturing sector, significant investments in research and development, and access to essential raw materials for PTMEG production. These factors contribute to the region's continued growth in the global market.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Market scope & definitions
• 1.2 Base estimates & calculations
• 1.3 Forecast calculations
• 1.4 Data sources
  • 1.4.1 Primary
  • 1.4.2 Secondary
    • 1.4.2.1 Paid sources
    • 1.4.2.2 Public sources

Chapter 2 Executive Summary

• 2.1 Industry synopsis, 2021-2034

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Factor affecting the value chain
  • 3.1.2 Profit margin analysis
  • 3.1.3 Disruptions
  • 3.1.4 Future outlook
  • 3.1.5 Manufacturers
  • 3.1.6 Distributors
• 3.2 Supplier landscape
• 3.3 Profit margin analysis
• 3.4 Key news & initiatives
• 3.5 Regulatory landscape
• 3.6 Impact forces
  • 3.6.1 Growth drivers
    • 3.6.1.1 Rising demand for spandex fibers in apparel and medical applications
    • 3.6.1.2 Increasing use of thermoplastic urethane elastomers in automotive textiles
    • 3.6.1.3 Expanding applications of PTMEG in textiles products
  • 3.6.2 Industry pitfalls & challenges
    • 3.6.2.1 High production costs of PTMEG
• 3.7 Growth potential analysis
• 3.8 Porter's analysis
• 3.9 PESTEL analysis

Chapter 4 Competitive Landscape, 2024

• 4.1 Introduction
• 4.2 Company market share analysis
• 4.3 Competitive positioning matrix
• 4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Application, 2021-2034 (USD Billion) (Kilo Tons)

• 5.1 Key trends
• 5.2 Spandex
• 5.3 Thermoplastic urethane elastomer
• 5.4 Co-polyester ether elastomers
• 5.5 Others

Chapter 6 Market Estimates & Forecast, By End User, 2021-2034 (USD Billion) (Kilo Tons)

• 6.1 Key trends
• 6.2 Coatings
• 6.3 Construction
• 6.4 Adhesives & sealants
• 6.5 Textiles
• 6.6 Artificial leather
• 6.7 Automotive
• 6.8 Industrial
• 6.9 Leisure & sports
• 6.10 Others

Chapter 7 Market Estimates & Forecast, By Region, 2021-2034 (USD Billion) (Kilo Tons)

• 7.1 Key trends
• 7.2 North America
  • 7.2.1 U.S.
  • 7.2.2 Canada
• 7.3 Europe
  • 7.3.1 UK
  • 7.3.2 Germany
  • 7.3.3 France
  • 7.3.4 Italy
  • 7.3.5 Spain
  • 7.3.6 Russia
• 7.4 Asia Pacific
  • 7.4.1 China
  • 7.4.2 India
  • 7.4.3 Japan
  • 7.4.4 South Korea
  • 7.4.5 Australia
• 7.5 Latin America
  • 7.5.1 Brazil
  • 7.5.2 Mexico
• 7.6 MEA
  • 7.6.1 South Africa
  • 7.6.2 Saudi Arabia
  • 7.6.3 UAE

Chapter 8 Company Profiles

• 8.1 BASF
• 8.2 Dairen Chemical Corporation
• 8.3 Dupont
• 8.4 Formosa Asahi Spandex
• 8.5 Hyosung
• 8.6 Invista
• 8.7 Jianfeng Chemical
• 8.8 Korea PTG
• 8.9 LyondellBasell Industries
• 8.10 Mitsubishi Chemical Corporation
• 8.11 Sanlong New Materials
• 8.12 Sipchem
• 8.13 Sichuan Lutianhua
• 8.14 Shanxi Sanwei Group
• 8.15 Shanxi Shanhua