1,The 6-hexanediol market is projected to grow at a CAGR 7.54% rate during the forecast period. Increasing demand for 1,6-hexanediol due to increased consumption by manufacturers in APAC region. 1,6-hexanediol is a multi-characteristic material used in polyurethanes, coatings, acrylates, and polyester resins, and others. It is used as an intermediate in preparation of coatings, PU, and acrylates. The high performance and low environmental impacts during operational exposure to workers are the key factors contributing to the high consumption of 1,6-hexanediol.
The global polyurethanes is projected to register significant growth and is the largest market in the overall market. It is the largest application of 1,6-hexanediol. Increasing demand for thermoplastic polyurethanes elastomers, coatings, foams, and so on has led to growth of polyurethanes market. 1,6-hexanediol converts the polyurethane into a modified polyurethane with substantially high corrosion resistance. It permeates different properties including high mechanical strength, low glass transition temperature, and high heat resistance into polyurethanes.
Europe is predicted to be the dominating region in market, in terms of value and volume, during the forecast period. Consumption of adhesives, softening agents, lacquers, acrylics, and others by manufacturers acts as a driving factor for the growth of the market. The use of chemicals in the manufacturing of acrylates is expected to grow further particularly in European region during the forecast period.
Key 1,6-Hexanediol market players are BASF SE (Germany), Fushun Tianfu Chemicals Co., Ltd. (China), Lanxess Aktiengesellschaft (Germany), Linshui Nanming Chemical Co., Ltd. (China), Perstorp AB (Sweden), Ube Industries, Ltd. (Japan), Shandong Yuanli Science and Technology Co., Ltd. (China), Zhengzhou Meiya Chemical Products Co., Ltd. (China), Hefei TNJ Chemical Industry Co., Ltd. (China), and Prasol Chemicals Pvt. Ltd. (India).
Key Questions Addressed by the Report
- What are the major developments impacting the market?
- What are the new high growth applications in the market?
- What will be the major factors impacting the market growth during the forecast period?
- What are the driving factors, opportunities, restraints, and challenges that affect the growth of the market?
2. Research Methodology
Limitation and Assumptions
3. Executive Overview
4. Market Overview
5. 1,6-Hexanediol Market, By Application
6. 1,6-Hexanediol Market, By Region
Rest of Europe
Rest of APAC
Rest of Middle East
Rest of the World
7. Company Profiles
Fushun Tianfu Chemicals Co. Ltd
Linshui Nanming Chemical Co., Ltd
UBE Industries, Ltd
Prasol Chemical Ltd
Zhengzhou Meiya Chemical Products Co., Ltd
Perstorp Holding AB
Shandong Yuanli Science and Technology Co., Ltd.
Hefei TNJ Chemical Industry Co., Ltd