According to ChemAnalyst report, ?Global Tetrahydrofuran (THF) Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030?, global Tetrahydrofuran market has shown a promising growth in the past five years and is projected to achieve a CAGR of 6.85% during the forecast period. Growing demand for spandex and paints and coatings coupled with the increasing demand from other end use industries is expected to drive the demand of tetrahydrofuran for the forecast period. Tetrahydrofuran is an organic, volatile, and water-soluble compound, manufactured through several processes such as Reppe process, Davy process, Propylene Oxide process, Butadiene process. Among these processes, the Reppe process leads the global market for tetrahydrofuran due to its industrial viability and low cost.