1,6-Hexanediol Market is segmented by Application Type (Polyurethanes, Coatings, Acrylates, Adhesives, Polyester Resin, Plasticizers, and Others), and by Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Italy, Spain, Russia, Turkey, The Netherlands, Belgium, and Rest of Europe], Asia-Pacific [China, Japan, South Korea, India, Singapore, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific], and Rest of the World [Brazil, Argentina, South Africa, Saudi Arabia, and Others]).
1,6-Hexanediol Market is segmented by Application Type (Polyurethanes, Coatings, Acrylates, Adhesives, Polyester Resin, Plasticizers, and Others), and by Region (North America [The USA...
1,6-Hexanediol is a colorless, water-soluble organic compound. It’s a raw material for polyurethane coatings, polycarbonate diol resins, and polyester resins and is majorly utilized to produce industrial polyester and polyurethane.
Market Drivers
The increasing utilization of 1,6-hexanediol in various applications, such as coatings, acrylates, and polyester resins, is expected to be the major factor driving the market's growth during the forecast period.
Segments Analysis
Segmentations
List of Sub-Segments
Dominant and Fastest-Growing Segments
Application-Type Analysis
Polyurethanes, Coatings, Acrylates, Adhesives, Polyester Resin, Plasticizers, and Others
Polyurethane is expected to account for the major share of the market during the forecast period.
Regional Analysis
North America, Europe, Asia-Pacific, and Rest of the World
Asia-Pacific is estimated to be the dominant and fastest-growing region in the market during the forecast period.
By Application Type
“Polyurethane is expected to account for the major share of the marketduring the forecast period”.
The market is segmented into polyurethane, coatings, acrylates, adhesives, polyester resins, plasticizers, and others. Polyurethane is expected to account for the major share of the market during the forecast period. The demand for sub-applications or derivatives, such as thermoplastic polyurethane elastomers, coatings, and foams, is fueling the segment's growth across various regions.
Regional Analysis
“Asia-Pacific is estimated to be the dominant and fastest-growing region in the marketduring the forecast period”.
The market is broken down geographically into areas, namely North America, Europe, Asia-Pacific, and the Rest of the World (RoW). In terms of regions, Asia-Pacific is estimated to be the dominant and fastest-growing region in the market during the forecast period, with China, Japan, South Korea, and India being the major growth engines of the region.
Factors such as the growing construction industry and rising demand for 1,6-hexanediol from the key countries in the region are expected to fuel the regional market growth over the forecast period.
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Key Players
The market is highly populated, with the presence of several local, regional, and global players. Most of the major players compete on some of the governing factors, including price, product offerings, regional presence, etc.
The following are the key players in the 1,6-hexanediol market (arranged alphabetically)
BASF SE
Fushun Tianfu Chemicals Co., Ltd.
Hefei TNJ Chemical Industry Co., Ltd.
Lanxess AG
Linshui Nanming Chemical Co., Ltd.
Perstorp Holding AB
Prasol Chemical Ltd.
Shandong Yuanli Science and Technology Co., Ltd.
UBE Industries, Ltd.
Zhengzhou Meiya Chemical Products Co., Ltd.
Note: The above list does not necessarily include all the top players in the market.
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Report Features
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Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth Analysis of the 1,6-Hexanediol Market
How lucrative is the future?
The market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and Forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
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10% free customization
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This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.
We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
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1,6-Hexanediol is basically an organic compound that is colorless and a water-soluble solid. It’s a raw material for polyurethane coatings, polycarbonatediol resins, and polyester resins and is majorly utilized to produce industrial polyester and polyurethane.
The 1,6-Hexanediol Market is estimated to grow at a CAGR of 7.6% by 2028, primarily driven by an increase in the utilization of 1,6-hexanediol in various applications, such as coatings, acrylates, and polyester resins.
Asia-Pacific is estimated to remain dominant in the 1,6-Hexanediol market in the foreseeable future. China, Japan, South Korea, and India are the key economies driving the region’s demand.