1 6-Hexanediol Market Size Was Valued at USD 0.89 Billion in 2022 and is Projected to Reach USD 1.52 Billion by 2030, Growing at a CAGR of 6.96% From 2023-2030
The worldwide 1,6-hexanediol market is seeing consistent expansion, fueled by rising usage in a range of sectors including polyurethane, nylon, and pharmaceuticals. Factors that are driving market growth include improvements in manufacturing technology, increasing consumer knowledge about eco-friendly materials, and the rising demand for high-quality polymers. Nevertheless, the market is impacted by changes in raw material costs and competition from substitute products.
Key Prominent Players In The 1 6-Hexanediol Market:
· BASF SE (Germany)
· Evonik Industries (Germany)
· Lanxess Aktiengesellschaft (Germany)
· Perstorp AB (Sweden)
· Solvay (Belgium)
· Fushun Tianfu Chemicals Co. Ltd. (China)
· Hefei TNJ Chemical Industry Co. Ltd. (China)
· Henan Tianfu Chemical Co. Ltd. China)
· Linshui Nanming Chemical Co. Ltd. (China)
· YUANLI SCIENCE AND TECHNOLOGY (China)
· Zhejiang Lishui Nanming Chemical Co. Ltd. (China)
· Zhengzhou Meiya Chemical Products Co. Ltd. (China)
· Shandong Yuanli Science and Technology Co. Ltd. (China)
· Muby Chemicals (India)
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Global 1 6-Hexanediol Market Segmentation:
· Adipic Acid
· Cyclohexane
By Grade
· Purity Grade 99%
· Purity Grade 99.7%
By Application
· Coating
· Acrylates
· Polyurethane
· Polyester Resins
· Plasticizers
· Adhesives
By End-User
· Marine
· Automotive & Transportation
· Pipe & Tanks
· Electrical & Electronics
· Wind Energy
Geographic Segment Covered in the Report:
· North America (US, Canada, Mexico)
· Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
· Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
· Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
· Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
· South America (Brazil, Argentina, Rest of SA)
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This study conducts a SWOT analysis to evaluate the strengths and weaknesses of key players in the 1 6-Hexanediol market. Additionally, the report performs a complex inspection of drivers and restraints operating in the market. The report also evaluates the observed trends in the parent market along with macroeconomic indicators, dominant factors and market attractiveness in relation to other segments. The report forecasts the impact of various industry aspects on the 1 6-Hexanediol market segments and regions.
The report offers varied descriptions about the segmentation of the market on the basis of the segmented global Powder Eyeshadows market and leads with a descriptive structure of the trends and restrictions of the various segments and sub-segments. It also provides the market size and estimates a forecast from the year 2024 to 2032. The report delivers information about the market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
1 6-Hexanediol Market Trend Analysis
Increasing demand in various industries: 1,6-hexanediol is used in a wide range of applications, including the production of polyurethane, nylon, and pharmaceuticals, driving demand in these sectors.
Advancements in production technology: Improvements in production technology are making 1,6-hexanediol more efficient and cost-effective to produce, contributing to market growth.
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