Polyoxy Tetramethylene Glycol Market - Current Analysis and Forecast [2028]
According to TechSci Research report, “ Polyoxy Tetramethylene Glycol Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Polyoxy Tetramethylene Glycol Market stood at 1.05 million tonnes in 2022 and is anticipated to grow with a CAGR of 4.87% in the forecast period, 2023-2028. The initiatives taken by the government based on polyoxy tetramethylene glycol have led to favorable market conditions for the Global Polyoxy Tetramethylene Glycol Market. Several factors contribute to the growth of various polyoxy tetramethylene glycol products. Governments worldwide are actively promoting the adoption of electric vehicles (EVs) as part of their efforts to reduce reliance on crude oil and improve environmental quality. Polytetramethylene glycol (PTMG) plays a crucial role in the production of polyurethane, a key component in EVs, particularly in battery technology and insulation. As the global adoption o...