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  • 1,6-Hexanediol Market Analysis | 2023-2028

    1,6-Hexanediol Market Analysis | 2023-2028

    1,6-Hexanediol Market Analysis | 2023-2028
    Report code - SR2592 Delivery - 2 Weeks
    1,6-Hexanediol Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Oppor See more...

    "The 1,6-Hexanediol Market is likely to grow at a promising CAGR of 7.6% during the forecast period". 

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    Market Dynamics

    Introduction

    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 market during 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 market during 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.

    Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    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?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    Research Methodology

    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.

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research:

    Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

    Frequently Asked Questions (FAQ)

    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.

    Polyurethane is estimated to be the dominant application type in the market during the forecast period.

    BASF SE, Fushun Tianfu Chemicals Co., Ltd., Lanxess AG, Linshui Nanming Chemical Co., Ltd., Perstorp Holding AB, UBE Industries, Ltd., Shandong Yuanli Science and Technology Co., Ltd., Prasol Chemical Ltd., Hefei TNJ Chemical Industry Co., Ltd., and Zhengzhou Meiya Chemical Products Co., Ltd.

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