#16-Hexanediol Market research

[medicalnewstoday]

1,6-HexanediolAccounting for US$ 800 Mn by 2027

1,6-Hexanediol Market: Key Research Findings

Global sales of 1,6-Hexanediol closed in on US$ 780 Mn in 2018.

1,6-Hexanediol market revenues slated to expand at a healthy CAGR during 2019-2027.

Application of 1,6-Hexanediol in coatings industry is poised to remain prominent.

Asia Pacific (APEJ) is likely to remain a highly lucrative investment pocket for the manufacturers and investors active in the 1,6-Hexanediol industry.

APEJ’s 1,6-Hexanediol market is expected to demonstrate nearly 2X growth between 2019 and 2027.

FMI research attributes this growth of APEJ market to the notably increasing demand for biocompatible products.

Medical devices are likely to develop into an attractive end use area for 1,6-Hexanediol manufacturers.

Top Influencers Shaping the 1,6-Hexanediol Industry

Coatings Industry Remains among the Prime Consumers of 1,6-Hexanediol

Among the valued intermediate products, 1,6-Hexanediol has been applicable in specialty chemicals synthesis, in addition to the production of a variety of polymeric systems. Research however highlights that the 1,6-Hexanediol market will be prominently driven by sustained adoption for industrial applications such as acrylates, coatings and polyester (PE) resins, and PU (polyurethane)among others. A sizeable share of the overall consumption of 1,6-Hexanediol is accounted by its application in the manufacturing of coatings and coating materials, followed by that of PE and PU plasticizers.

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In recent years, the consumption volume of 1,6-Hexanediol is on a constant high, particularly in the wind energy sector. While this has been particularly observed in the case of Asia Pacific region, it is highly likely that while catering to this bulging demand, the manufacturers will continue to face challenges such as volatile raw material pricing and higher availability of better and cost-effective substitutes such as Pentanediol and Butanediol.

Growth of Polymer Industry to Trigger Innovations in 1,6-Hexanediol Market

One of the top selling polymers in the industry, PU has been registering remarkable adoption of 1,6-Hexanediol for its production. With the number of new players entering the PU manufacturing space, it is highly likely that consumption of 1,6-Hexanediol will also experience a significant boost in forthcoming years.

To complement the requisites of the ever-competitive space of polymer production, 1,6-Hexanediol manufacturers are particularly investing in innovative technology platforms, which are likely to offer them an edge over the globally leading Chinese brands as well as fast-progressing local manufacturing companies.

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1,6-Hexanediol Consumption Continues to be Healthy in Emerging Economies

The global market for 1,6 Hexanediol is estimated to witness steady growth in developing regions such as Asia Pacific excluding Japan (APEJ). Increasing penetration of new players and a substantial presence of Chinese manufacturers in the 1,6-Hexanediol market are cited as prime factors impacting the overall production rate in the region.

The PU industry is expected to grow in the North American region, owing to the rise in R&D, government regulations, cost advantage, skilled workforce and better manufacturing facilities, thereby, fostering the consumption rate of 1,6-Hexanediol market.

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While BASF, Lanxess, Ube Industries, and Shandong Yuanli Science and Technology are cited as the leading companies competing in the global 1,6-Hexanediol marketplace, BASF has been a major shareholder in the industry.

Research reveals that the 1,6-Hexanediol industry continues to be governed by a relatively lesser number of manufacturing companies.

One of the prominent challenges hitting others investing efforts in entering the mainstream market is their inability to combat the presence of higher number of technical barriers.

Despite this consolidated scenario, 1,6-Hexanediol continues to receive strong demand from downstream consumer groups, which plays an important role in maintaining the frequency of overall trade flow of 1,6-Hexanediol in the global market.

To align strategic efforts with the current demand trends, a majority of 1,6 Hexanediol manufacturers are focusing on catering to key application areas such as acrylates, PU, coatings and adhesives, and PE resins and plasticizers.

In addition to production capacity expansion, some of the leading manufacturers are also augmenting investments in the R&D of bio-based 1,6 Hexanediol variants, as a sustainable step toward greenhouse gas reduction.

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“1,6-Hexanediol Market” report provides a detailed analysis of global market size, regional and country-level market size, segmentation, market growth, market share, and competitive landscape.

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Global 1,6-Hexanediol Diacrylate (HDDA, CAS 13048-33-4) Market Outlook 2019-2024.

The analysts forecast the global 1,6-hexanediol diacrylate market to exhibit a CAGR of 2.2% during the period 2019-2024. The report covers the present scenario and the growth prospects of the global 1,6-hexanediol diacrylate for 2019-2024. To calculate the market size, the report considers the 1,6-hexanediol diacrylate sales volume and revenue.

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The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: regional markets and applications.

 Geographically, the global 1,6-hexanediol diacrylate market is segmented into North America, Asia Pacific, Europe, Middle East & Africa and South America. This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2019 to 2024.

- North America (U.S., Canada, Mexico, etc.)

- Asia-Pacific (China, Japan, India, Korea, Australia, Indonesia, Taiwan, Thailand, etc.)

- Europe (Germany, UK, France, Italy, Russia, Spain, etc.)

- Middle East & Africa (Turkey, Saudi Arabia, Iran, Egypt, Nigeria, UAE, Israel, South Africa, etc.)

- South America (Brazil, Argentina, Colombia, Chile, Venezuela, Peru, etc.)

 Based on application, the 1,6-hexanediol diacrylate market is segmented into:

- Adhesives

- Coatings

- Inks

 The report also includes a discussion of the key vendors operating in this market. Some of the leading players in the global 1,6-hexanediol diacrylate market are:

- Arkema S.A.

- Ashland Global Holdings Inc.

- Green Chemicals Co., Ltd. (formerly KPX Green Chemical Co., Ltd.)

- Koninklijke DSM N.V.

- Osaka Organic Chemical Industry Ltd.

- Shin Nakamura Chemical Co., Ltd.

- Tianjin Jiuri New Material Co., Ltd.

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 Objective of the study:

- To analyze and forecast the market size of global 1,6-hexanediol diacrylate market.

- To classify and forecast global 1,6-hexanediol diacrylate market based on application and region.

- To identify drivers and challenges for global 1,6-hexanediol diacrylate market.

- To examine competitive developments such as expansions, mergers & acquisitions, etc., in global 1,6-hexanediol diacrylate market.

- To conduct pricing analysis for global 1,6-hexanediol diacrylate market.

- To identify and analyze the profile of leading players operating in global 1,6-hexanediol diacrylate market.

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The report is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Key target audience are:

- Manufacturers of 1,6-hexanediol diacrylate

- Raw material suppliers

- Market research and consulting firms

- Government bodies such as regulating authorities and policy makers

- Organizations, forums and alliances related to 1,6-hexanediol diacrylate

 The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with 1,6-hexanediol diacrylate suppliers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports, and proprietary databases.

[palebearwombat-blog]

2012-2022 Report on Global 1,6-Hexanediol Market Competition, Status and Forecast, Market Size by Players, Regions, Type, Application

Qyresearchreports include new market research report "1,6-Hexanediol" to its huge collection of research reports.

The 1,6-Hexanediol, is being discussed in this report, from the point of view of all its current trends and factors of influence. It is necessary to comprehend this data to generate a highly sound solution for your business strategies. These trends are based on the movements within the market’s socioeconomic, geographical, economic, political, consumer, and cultural aspects. The report gauges their overall effect for a client or consumer and enlists the various preferences that will have a major say in what the shape of this market is likely to be in the years to come.

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The report – similar to all reports that are added to this repository – is a holistic snapshot of the 1,6-Hexanediol and descriptive view market. It elaborates on the dynamics of the market, and extrapolates the statistics relevant to the scope of growth in its key segments and regions, as well as other parameters that have been so far effective during its expansion in terms of value addition and calculation of size. This study is therefore a quantitative and qualitative one, focused on providing a clear vision of all conceivable situations in the 1,6-Hexanediol for the given forecast period.

The 1,6-Hexanediol is also presented in such a way as to create a 360 degree perspective of the competitive landscape that currently exists, and is likely to exist within the given forecast period. It presents a comparative analysis of the leaders as well as the regions they operate in, thereby giving readers a better awareness of the segments where they can appoint their existing resources and judge the priority of a particular region or segment to shuttle their standing upwards in the overall market.

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Table of Contents

1 Methodology/Research Approach 1.1 Research Programs/Design 1.2 Market Size Estimation 1.3 Market Breakdown and Data Triangulation 2 Data Source 2.1 Secondary Sources 2.2 Primary Sources 3 Disclaimer 1 1,6-Hexanediol Market Overview 1.1 Product Overview and Scope of 1,6-Hexanediol 1.2 1,6-Hexanediol Segment by Types (Product Category) 1.2.1 Global 1,6-Hexanediol Production and CAGR (%) Comparison by Types (Product Category) (2012-2022) 1.2.2 Global 1,6-Hexanediol Production Market Share by Types (Product Category) in 2016 1.2.3 Purity grade 99% 1.2.4 Purity grade 99.7% 1.2.5 Other 1.3 Global 1,6-Hexanediol Segment by Applications 1.3.1 Global 1,6-Hexanediol Consumption (Sales) Comparison by Applications (2012-2022) 1.3.2 Coating 1.3.3 Polyurethane 1.3.4 Polyester Plasticizers 1.3.5 Others 1.4 Global 1,6-Hexanediol Market by Regions (2012-2022) 1.4.1 Global 1,6-Hexanediol Market Size (Value) and CAGR (%) Comparison by Regions (2012-2022) 1.4.2 North America 1,6-Hexanediol Status and Prospect (2012-2022) 1.4.3 China 1,6-Hexanediol Status and Prospect (2012-2022) 1.4.4 Europe 1,6-Hexanediol Status and Prospect (2012-2022) 1.4.5 Japan 1,6-Hexanediol Status and Prospect (2012-2022) 1.4.6 Southeast Asia 1,6-Hexanediol Status and Prospect (2012-2022) 1.5 Global Market Size (Value) of 1,6-Hexanediol (2012-2022) 1.5.1 Global 1,6-Hexanediol Revenue Status and Outlook (2012-2022) 1.5.2 Global 1,6-Hexanediol Capacity, Production Status and Outlook (2012-2022) 2 Global 1,6-Hexanediol Market Competition by Manufacturers 2.1 Global 1,6-Hexanediol Capacity, Production and Share by Manufacturers (2012-2017) 2.1.1 Global 1,6-Hexanediol Capacity and Share by Manufacturers (2012-2017) 2.1.2 Global 1,6-Hexanediol Production and Share by Manufacturers (2012-2017) 2.2 Global 1,6-Hexanediol Revenue and Share by Manufacturers (2012-2017) 2.3 Global 1,6-Hexanediol Average Price by Manufacturers (2012-2017) 2.4 Manufacturers 1,6-Hexanediol Manufacturing Base Distribution, Sales Area, Product Types 2.5 1,6-Hexanediol Market Competitive Situation and Trends 2.5.1 1,6-Hexanediol Market Concentration Rate 2.5.2 1,6-Hexanediol Market Share of Top 3 and Top 5 Manufacturers 2.5.3 Mergers & Acquisitions, Expansion 3 Global 1,6-Hexanediol Capacity, Production, Revenue (Value) by Regions (2012-2017) 3.1 Global 1,6-Hexanediol Capacity and Market Share by Regions (2012-2017) 3.2 Global 1,6-Hexanediol Production and Market Share by Regions (2012-2017) 3.3 Global 1,6-Hexanediol Revenue (Value) and Market Share by Regions (2012-2017) 3.4 Global 1,6-Hexanediol Capacity, Production, Revenue, Price and Gross Margin (2012-2017) 3.5 North America 1,6-Hexanediol Capacity, Production, Revenue, Price and Gross Margin (2012-2017) 3.6 Europe 1,6-Hexanediol Capacity, Production, Revenue, Price and Gross Margin (2012-2017) 3.7 China 1,6-Hexanediol Capacity, Production, Revenue, Price and Gross Margin (2012-2017) 3.8 Japan 1,6-Hexanediol Capacity, Production, Revenue, Price and Gross Margin (2012-2017) 3.9 Southeast Asia 1,6-Hexanediol Capacity, Production, Revenue, Price and Gross Margin (2012-2017) 3.10 India 1,6-Hexanediol Capacity, Production, Revenue, Price and Gross Margin (2012-2017) 4 Global 1,6-Hexanediol Supply (Production), Consumption, Export, Import by Regions (2012-2017) 4.1 Global 1,6-Hexanediol Consumption by Regions (2012-2017) 4.2 North America 1,6-Hexanediol Production, Consumption, Export, Import (2012-2017) 4.3 Europe 1,6-Hexanediol Production, Consumption, Export, Import (2012-2017) 4.4 China 1,6-Hexanediol Production, Consumption, Export, Import (2012-2017) 4.5 Japan 1,6-Hexanediol Production, Consumption, Export, Import (2012-2017) 4.6 Southeast Asia 1,6-Hexanediol Production, Consumption, Export, Import (2012-2017) 4.7 India 1,6-Hexanediol Production, Consumption, Export, Import (2012-2017) 5 Global 1,6-Hexanediol Production, Revenue (Value), Price Trend by Types 5.1 Global 1,6-Hexanediol Production and Market Share by Types (2012-2017) 5.2 Global 1,6-Hexanediol Revenue and Market Share by Types (2012-2017) 5.3 Global 1,6-Hexanediol Price by Type (2012-2017) 5.4 Global 1,6-Hexanediol Production Growth by Type (2012-2017) 6 Global 1,6-Hexanediol Market Analysis by Applications 6.1 Global 1,6-Hexanediol Consumption and Market Share by Applications (2012-2017) 6.2 Global 1,6-Hexanediol Consumption Growth Rate by Applications (2012-2017) 6.3 Market Drivers and Opportunities 6.3.1 Potential Applications 6.3.2 Emerging Markets/Countries 7 Global 1,6-Hexanediol Manufacturers Profiles/Analysis 7.1 BASF 7.1.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 7.1.2 1,6-Hexanediol Product Category, Application and Specification 7.1.3 BASF 1,6-Hexanediol Capacity, Production, Revenue, Price and Gross Margin (2012-2017) 7.1.4 Main Business/Business Overview 7.2 Ube Industries 7.2.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 7.2.2 1,6-Hexanediol Product Category, Application and Specification 7.2.3 Ube Industries 1,6-Hexanediol Capacity, Production, Revenue, Price and Gross Margin (2012-2017) 7.2.4 Main Business/Business Overview 7.3 Lanxess 7.3.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 7.3.2 1,6-Hexanediol Product Category, Application and Specification 7.3.3 Lanxess 1,6-Hexanediol Capacity, Production, Revenue, Price and Gross Margin (2012-2017) 7.3.4 Main Business/Business Overview 7.4 Perstorp 7.4.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 7.4.2 1,6-Hexanediol Product Category, Application and Specification 7.4.3 Perstorp 1,6-Hexanediol Capacity, Production, Revenue, Price and Gross Margin (2012-2017) 7.4.4 Main Business/Business Overview 7.5 Lishui Nanming Chemical 7.5.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 7.5.2 1,6-Hexanediol Product Category, Application and Specification 7.5.3 Lishui Nanming Chemical 1,6-Hexanediol Capacity, Production, Revenue, Price and Gross Margin (2012-2017) 7.5.4 Main Business/Business Overview

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[alwaystenacioustiger-blog]

The global market for 1,6-hexanediol (HDO, CAS 629-11-8) will grow at a CAGR of 7.68% by 2022.

[rdagade]

Global 1, 6-Hexanediol Market

Global 1, 6-Hexanediol Market

was valued at US$ 851.24 million in 2018 and is expected to reach US$ 1554.7 million by 2026 at a CAGR of 7.82%.

Polyurethane holds the largest market share owing to rising energy conversation importance due to increasing cost along with a shift in preference towards high efficiency and low greenhouse gases material. Paints & Coatings is the second largest segment.

Shifting of European players to emerging countries such as India, and China along with the growth of the automotive market in the Asia-Pacific. Middle East Region will likely help in the growth of 1, 6-Hexanediol market. North America and Europe formed the two largest regions contributing to the growth with the Asia Pacific accounting one of the fastest growth rates globally.

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Scope of 1,6-Hexanediol Market

1,6-Hexanediol Market, by Application:

• Polyurethanes

• Polyester Resins

• Coatings

• Acrylates

• Adhesives

• Plasticizers

• Others

1,6-Hexanediol Market, by Geography:

• North America

• Europe

• Asia Pacific

• Middle East & Africa

• Latin America

Key Players Operating in the 1,6-Hexanediol Market:

• Basf S.E

• Fushan Tianfu Chemical Co. Ltd.

• Lanxess Aktiengesellschaft

• Lishui Naming

• Perstop AB

• UBE Industries

• Shandong Yuanli Science

•Technolog Co., Ltd. 

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“1,6-Hexanediol Market” report provides a detailed analysis of global market size, regional and country-level market size, segmentation, market growth, market share, and competitive landscape.

[getmarketresearch]

1, 6-Hexanediol (HO CH2 (CH2)4CH2OH) is a colorless crystalline solid that melts at 42 °C and boils at 250 °C. It is soluble in water and is hygroscopic. 1, 6-Hexanediol is a valuable intermediate product for the chemical industry. It finds applications in a variety of polymeric systems and is also used in the synthesis of specialty chemicals. This linear diol contains two primary hydroxyl groups which are terminally located. Scope of the Report: This report focuses on the 1,6-Hexanediol in EMEA market, covering Europe, Middle East and Africa, This report categorizes the market based on manufacturers, regions, type and application. Market Segment by Manufacturers, this report covers BASF Ube Industries Lanxess Perstorp Lishui Nanming Chemical Shandong Yuanli Science and Technology Fushun Tianfu Chemicals Market Segment by Regions, regional analysis covers Europe (Germany, France, UK, Russia, Italy and Turkey) Middle East (Saudi Arabia, Israel, UAE and Iran) Africa (South Africa, Nigeria, Egypt and Algeria) Market Segment by Type, covers Purity grade 99% Purity grade 99.7% Others Market Segment by Applications, can be divided into Coating Polyurethane Polyester Plasticizers Others There are 13 Chapters to deeply display the EMEA 1,6-Hexanediol market. Chapter 1, to describe 1,6-Hexanediol Introduction, product scope, market overview, market opportunities, market risk, market driving force; Chapter 2, to analyze the top manufacturers of 1,6-Hexanediol, with sales, revenue, and price of 1,6-Hexanediol, in 2016 and 2017; Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017; Chapter 4, to show the EMEA market by regions, with sales, revenue and market share of 1,6-Hexanediol, for each region, from 2012 to 2017; Chapter 5, 6, 7, to analyze the market by regions, manufacturers, type and application, with sales, revenue and market share by key countries in these regions; Chapter 8 and 9, to show the market by type and application, with sales market share and growth rate by type, application, from 2012 to 2017; Chapter 10, 1,6-Hexanediol market forecast, by regions, type and application, with sales and revenue, from 2017 to 2022; Chapter 11, 12 and 13, to describe 1,6-Hexanediol research findings and conclusion, sales channel, distributors, traders, dealers, appendix and data source

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EMEA 1,6 Hexanediol Market to Make Great Impact in Near Future by 2022

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 Report Overview:

Geographically, this report split EMEA into Europe, the Middle East and Africa, With sales (K Units), revenue (Million USD), market share and growth rate of 1,6 Hexanediol for these regions, from 2012 to 2022 (forecast)

Europe: Germany, France, UK, Russia, Italy and Benelux;

Middle East: Saudi Arabia, Israel, UAE and Iran;

Africa: South Africa, Nigeria, Egypt and Algeria.

 EMEA 1,6 Hexanediol market competition by top manufacturers/players, with 1,6 Hexanediol sales volume (K Units), price (USD/Unit), revenue (Million USD) and market share for each manufacturer/player; the top players including

BASF SE

Ube Industries

Perstop AB

Lishui Nanming

Shandong Yuanli Science and Technology Co

Fushun Tianfu Chemicals Co

Lanxess

...

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 On the basis of product, this report displays the sales volume, revenue, product price, market share and growth rate of each type, primarily split into

Liquid

Powder

 On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including

Polyurethane

Paints & Coatings

Acrylics

Adhesive

Polyester Resins

Unsaturated

Plasticizers

 Table of Contents:

1 1,6 Hexanediol Overview

1.1 Product Overview and Scope of 1,6 Hexanediol

1.2 Classification of 1,6 Hexanediol

1.2.1 EMEA 1,6 Hexanediol Market Size (Sales) Comparison by Type (2012-2022)

1.2.2 EMEA 1,6 Hexanediol Market Size (Sales) Market Share by Type (Product Category) in 2016

1.2.3 Liquid

1.2.4 Powder

1.3 EMEA 1,6 Hexanediol Market by Application/End Users

1.3.1 EMEA 1,6 Hexanediol Sales (Volume) and Market Share Comparison by Application (2012-2022

1.3.2 Polyurethane

1.3.3 Paints & Coatings

1.3.4 Acrylics

1.3.5 Adhesive

1.3.6 Polyester Resins

1.3.7 Unsaturated

1.3.8 Plasticizers

1.4 EMEA 1,6 Hexanediol Market by Region

1.4.1 EMEA 1,6 Hexanediol Market Size (Value) Comparison by Region (2012-2022)

1.4.2 Europe Status and Prospect (2012-2022)

1.4.3 Middle East Status and Prospect (2012-2022)

1.4.4 Africa Status and Prospect (2012-2022)

 2 EMEA 1,6 Hexanediol Competition by Manufacturers/Players/Suppliers, Region, Type and Application

2.1 EMEA 1,6 Hexanediol Market Competition by Players/Manufacturers

2.1.1 EMEA 1,6 Hexanediol Sales Volume and Market Share of Major Players (2012-2017)

2.1.2 EMEA 1,6 Hexanediol Revenue and Share by Players (2012-2017)

2.1.3 EMEA 1,6 Hexanediol Sale Price by Players (2012-2017)

2.2 EMEA 1,6 Hexanediol (Volume and Value) by Type/Product Category

2.2.1 EMEA 1,6 Hexanediol Sales and Market Share by Type (2012-2017)

2.2.2 EMEA 1,6 Hexanediol Revenue and Market Share by Type (2012-2017)

2.2.3 EMEA 1,6 Hexanediol Sale Price by Type (2012-2017)

2.3 EMEA 1,6 Hexanediol (Volume) by Application

2.4 EMEA 1,6 Hexanediol (Volume and Value) by Region

2.4.1 EMEA 1,6 Hexanediol Sales and Market Share by Region (2012-2017)

2.4.2 EMEA 1,6 Hexanediol Revenue and Market Share by Region (2012-2017)

2.4.3 EMEA 1,6 Hexanediol Sales Price by Region (2012-2017)

 3 Europe 1,6 Hexanediol (Volume, Value and Sales Price), by Players, Countries, Type and Application

3.1 Europe 1,6 Hexanediol Sales and Value (2012-2017)

3.1.1 Europe 1,6 Hexanediol Sales Volume and Growth Rate (2012-2017)

3.1.2 Europe 1,6 Hexanediol Revenue and Growth Rate (2012-2017)

3.2 Europe 1,6 Hexanediol Sales and Market Share by Type

3.3 Europe 1,6 Hexanediol Sales and Market Share by Application

3.4 Europe 1,6 Hexanediol Sales Volume and Value (Revenue) by Countries

…..

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North America 1,6-Hexanediol Market- BASF, Ube Industries, Lanxess, Perstorp, Fushun Tianfu Chemicals

North America 1,6-Hexanediol Market- BASF, Ube Industries, Lanxess, Perstorp, Fushun Tianfu Chemicals

This report studies the 1,6-Hexanediol Market in North America , analyzes and research the 1,6-Hexanediol development status and forecast [ in United States, Canada and Mexico ] . 1,6-Hexanediol industry report focuses on the top players in North America industry, shown below. The report covers 1,6-Hexanediol North America sales and North America 1,6-Hexanediol market growth rate [2017 to 2022].…

[witherpro3355]

“1,6-Hexanediol Market” report provides a detailed analysis of global market size, regional and country-level market size, segmentation, market growth, market share, and competitive landscape.

[witherpro3355]

“1,6-Hexanediol Market” report provides a detailed analysis of global market size, regional and country-level market size, segmentation, market growth, market share, and competitive landscape.

[medicalnewstoday]

1,6-Hexanediol Market Gain Impetus due to the Growing Demand over 2027

Nearly 185 Th Tons of 1,6-Hexanediol was consumed by the end of 2018, globally. As indicated by a recent research study of Research Report Insights (RRI), the global consumption rate of 1,6-Hexanediol will observe a healthy 5% Y-o-Y growth in 2019 and ahead – primarily driven by sustained demand from building and construction, and automotive industries.

While both the aforementioned industries continue to register the collective share of over half of the overall consumed 1,6-Hexanediol, thriving demand for coatings, adhesives, and polymeric materials from consumer goods and medical devices industries will be a major highlight boosting market revenues in the forthcoming years.

Application in Manufacturing of Acrylates & Polymer Resins Remains Noteworthy

The demand for polyester resin is significantly increased due to its substantial use in building panels, concrete forming pans, household structures, and in the building & construction sector for roofing. Further, polyester resins, which are widely used in the manufacturing of kayaks, powerboats, sailboats, and a number of automobile parts, which remains a significant booster for the demand for 1,6 Hexanediol in the global market.

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The 1,6 Hexanediol market is primarily driven by the rise in the demand for acrylates, and plasticizers among the manufacturing industries, which is prevailing 1,6 Hexanediol market throughout the forecast period. Increase in demand for 1,6 Hexanediol for variety of application is being noticed worldwide and is expected to grow further during the forecast period, 2019-2027. The 1,6 Hexanediol market is moderately driven by the automotive industry and consumer goods, which in turn helps to increase the sales of 1,6 Hexanediol across the globe.

Moreover, steady consumption by manufacturers of adhesives, softening agents, lacquers, acrylics, and several other consumer products will translate into modest growth in the revenues of 1,6-Hexanediol market. Application of the chemical in manufacturing of acrylates will be particularly notable.

China to Remain at the Vanguard of Global Market Growth

Several companies engaged in the production and distribution of 1,6-Hexanediol are strategically planning to amplify their 1,6-Hexanediol production footprint across emerging regional markets. APEJ, envisaged to remain in the forefront of the global market, will account for over 2/5th of the global consumption volume in 2019, according to the report. MEA and Latin America regions are slated to present multiple incremental opportunities for 1,6-Hexanediol manufacturers owing to increasing business footprint of key manufacturing companies in these regions. According to RRI’s analysis, China, owing to the cost benefit and strong presence of manufacturers implementing innovative manufacturing technologies, will be the leading market for 1,6-Hexanediol.

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Bio-based Innovations to Remain in the Focal Point for Manufacturers

In an effort to achieve a surge in the overall sales of 1,6-Hexanediol, several manufacturing companies are strategizing on manufacturing plant expansion and R&D of bio-compatible variants of 1,6-Hexanediol. Rennovia Inc., one of the leading bio-chemicals producers, announced the commencement of the new plant (2017) exclusively for processing bio-based 1,6 Hexanediol. The company believes that the recent hike in raw material prices and multiple environmental concerns regarding conventional 1,6 Hexanediol production processes and end products have reinforced the need for bio-based variants. This, according to RRI study, will be among the trendsetters and direct a mass shift to bio-based 1,6 Hexanediol processing practices, across the 1,6 Hexanediol industry.

More recently, in 2018, BASF announced that plan for a massive increase in the 1,6 Hexanediol production capacity, i.e. by almost 50% of the current, at its Ludwigshafen site. While the company aspires the new facility to start post 2021, the estimated total 1,6 Hexanediol production capacity of 70 Kilo Tons is expected to serve fast-growing Asian markets as well as European, which has been providing a significantly strong customer base. Leading chemical companies such as BASF and UBE industries are also increasing their production footprint of 1,6-Hexanediol across various countries such as Germany, Thailand, and the US owing to availability of better infrastructure, and manufacturing facilities.

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Further, the high demand for various grades of polyurethane indirectly impacts the demand for 1,6-Hexanediol. The manufacturers are also capitalizing on emerging applications of 1,6-Hexanediol such as epoxy resins system, alkalyd resins, and UV curable resins. Currently, some companies are prominently manufacturing 1,6-Hexanediol for synthetic lubricants, laminations, and textile industry.

This study examines global 1,6-Hexanediol market between 2019 and 2027. More insights on the same can be availed.

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Asia-Pacific 1,6-Hexanediol Market- BASF, Ube Industries, Lanxess, Perstorp

Asia-Pacific 1,6-Hexanediol Market- BASF, Ube Industries, Lanxess, Perstorp

This report studies the 1,6-Hexanediol Market in Asia-Pacific , analyzes and research the 1,6-Hexanediol development status and forecast [ in China, Japan, Korea, Taiwan, Southeast Asia, India and Australia] . 1,6-Hexanediol industry report focuses on the top players in Asia-Pacific industry, shown below. The report covers 1,6-Hexanediol Asia-Pacific sales and Asia-Pacific 1,6-Hexanediol market…