1,6-Hexanediol Trends, Share, Industry Size, Growth, Demand, Opportunities and Global Forecast By 2030
According to 1,6-Hexanediol market research report, global market is anticipated to witness a relatively higher growth rate during the forecast period. This market report covers many business strategies such as new product launches, expansions, agreements, partnerships, joint ventures, acquisitions, and others that help to amplify their footprints in the market. The market drivers and restraints have been explained in the report using SWOT analysis. The market share of major competitors on global level is also studied in the world class 1,6-Hexanediol report where key areas such as Europe, North America, Asia Pacific and South America are covered in this market research report.
A dependable 1,6-Hexanediol market report comprises of data that can be pretty indispensable when it is about dominating the market or making a mark in the market as a latest emergent. The report studies and evaluates market drivers, market restraints, challenges, opportunities and key developments in the market. It also includes strategic profiling of top players in the market, wide-ranging analysis of their core competencies, and their strategies such as new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions which are applicable for the businesses. An all-inclusive 1,6-Hexanediol market research report consists of the systematic and comprehensive market research study that provides the facts and figures in the field of marketing.
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Data Bridge Market Research analyses that the global 1, 6 hexanediol market which was USD 1,134.00 million in 2022, is expected to reach USD 2,081.91 million by 2030, and is expected to undergo a CAGR of 7.89% during the forecast period of 2023 to 2030. “Polyurethanes” dominates the application segment of the global 1, 6 hexanediol market because it is utilized as a chain extender in polyurethanes, and the modified polyurethane that results has a low glass transition temperature but a strong resistance to hydrolysis.
1, 6 hexanediol has the chemical formula (CH2CH2CH2OH)2. It is a colourless, water-soluble solid. Industrially, it is an organic chemical that is created by the catalytic hydrogenation of adipic acid. At 250 °C, the organic compound boils. Since it is also employed in the manufacture of specialty chemicals, 1, 6 hexanediol is a useful intermediate product for the chemical industry. 1, 6 hexanediol are quite porous by nature and have excellent thermal and physical stability at high pressures.
Some of the major players operating in the global 1, 6 hexanediol market are:
- BASF SE (Germany)
- LANXESS (Germany)
- UBE Corporation (Japan)
- Zhejiang Lishui Nanming Chemical Co.,Ltd. (China)
- Hefei TNJ Chemical Industry Co.,Ltd. (China)
- Perstorp (Sweden)
- Technolog Ltd (U.K.)
- Zhengzhou Meiya Chemical Products Co.,Ltd (China)
- Prasol Chemicals Limited. (India)
- Henan Tianfu Chemical Co., Ltd (China)
- YUANLI SCIENCE AND TECHNOLOGY (China)
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1, 6 Hexanediol Market Scope:
The global 1, 6 hexanediol market is segmented on the basis of type, application, and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Purity Grade 99%
- Purity Grade 99.7%
- Others
Application
- Polyurethanes
- Coatings
- Acrylates
- Adhesives
- Polyester Resin
- Plasticizers
- Others
End User Industry
- Marine
- Automotive and Transportation
- Pipe and Tanks
- Electrical and Electronics
- Wind Energy
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