The Global Hexamethylenediamine Market is expected to expand at a compound annual growth rate of 4.55 % over the forecast period of 2021 to 2028.
As per the market report analysis, Having a chemical formula H2N (CH2)6NH2, hexamethylenediamine is an organic compound, colourless in nature and having a strong amine odour. Having a wide range of application, hexamethylenediamine is synthesized from adiponitrile. More than 90% of the produced hexamethylenediamine is used in the manufacturing of nylon 66 along with adipic acid. Apart from that, hexamethylenediamine is used for the production of nylon 69, nylon 610, and nylon 612. More than 1 billion kilograms of hexamethylenediamine are manufactured annually.
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Some of the most important key factors driving the growth of the Global Hexamethylenediamine Market are increasing demand for hexamethylenediamine by nylon 66 resin industries globally, rising industrialization, increasing demand for polyamides from the 3D printing, rising demand and consumption of nylon products as a catalyst and expansion of automobile industry and other end user verticals.
Regional analysis, North America dominates the Hexamethylenediamine Market and will continue to flourish its trend of dominance during the forecast period as well. Rising production of nylon 66 and increased demand for fibre are the major factors fostering the market growth in this region. APAC on the other hand will score the highest CAGR during the forecast period. Emerging economies like India and China are the major contributors from this region owing to the economies rapidly undergoing economic changes. Increased focus of the manufacturers to manufacture lightweight automotive parts and components is fostering the market growth in this region. Increasing set up of manufacturing units by the major players in this region is another important factor inducing growth in the demand for hexamethylenediamine.
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Global Key Players:
1 Evonik Industries AG
2 BASF SE
3 Asahi Kasei Corporation
4 Solvay
5 Ashland
6 Merck KGaA
7 DuPont
8 TORAY INDUSTRIES, INC
9 INVISTA
10 Radici Partecipazioni SpA
11 DAEJUNGCHE CHEMICAL & METALS CO., LTD
12 Genomatica, Inc
13 Junsei Chemical Co.,Ltd
14 Suzhou Sichang Learning Technology Co., Ltd
15 Alfa Aesar
16 Thermo Fisher Scientific
17 Eastman Chemical Company
18 Arkema
19 Ascend Performance Materials
20 Formosa Plastics Corporation
21 Huntsman International LLC
Global Hexamethylenediamine Market Segmentation:
Application Segmentation:
1 Nylon Synthesis
2 Curing Agents
3 Water Treatment Chemicals
4 Chemical Synthesis
5 Medical Applications
6 Adhesives
7 Others
End-User Segmentation:
1 Automotive
2 Textile
3 Paints and Coatings
4 Petrochemical
5 Others
Report contents include
1 Analysis of the Hexamethylenediamine Market including revenues, future growth, market outlook
2 Historical data and forecast
3 Regional analysis including growth estimates
4 Analyses the end user markets including growth estimates
5 Profiles on Hexamethylenediamine including products, sales/revenues, and market position
6 Hexamethylenediamine Market structure, market drivers and restraints
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