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The global 1,6-hexanediol market is anticipated to expand from USD 1064 million in 2022 to USD 1668 million by 2028, growing at a CAGR of 7.9% during the forecast period of 2023-2028.
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The global 1,6-hexanediol market is witnessing a robust growth due to its increasing demand in various end-use markets, such as polyurethane, coatings, and acrylates, among others. R&D is highly imperative for 1,6-hexanediol market as new applications such as UV curable resins, epoxy resins, and alkyd resins are potentially huge industries and can drive the industry growth in the future.
1,6 Hexanediol is a colourless crystalline solid, which is soluble in water. The global 1,6-hexanediol market can be segmented into applications and regions.
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Based on its applications, the 1,6-hexanediol market is segmented into:
The EMR report looks into the regional 1,6-hexanediol markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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The growing global demand for polyurethanes (PU) from key end-use industries such as infrastructure and furniture is expected to be a major driving factor for the growth of 1,6-hexanediol market over the forecast period of 2023-2028. PU is used to produce flexible foams, which are further used in furniture applications like carpet, seat cushions, and mattress padding. Infrastructure and furniture applications account for approximately half of the total PU industry demand. The rising demand for different polyurethane grades, in turn, results in the increased demand for its upstream chemical, which is 1,6 hexanediol. Further, the increasing demand for protective-industrial coatings is expected to aid 1,6-hexanediol market in the future.
The report presents a detailed analysis of the following key players in the global 1,6-hexanediol market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the 1,6-hexanediol market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Region |
Breakup by Application | Polyurethanes, Coatings, Acrylates, Adhesives, Polyester Resin, Others |
Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Price Analysis | Historical and Forecast Price Trends- Regional |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered | BASF S.E. (BAS (ETR)),Lanxess AG, Ube Industries,Ltd. (TYO), Lishui Nanming Chemical Co., Ltd., Zhengzhou Meiya Chemical Products Co., Ltd., Hefei TNJ Chemical Industry Co., Ltd., Others |
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global 1,6-Hexanediol Market Analysis
8.1 Key Industry Highlights
8.2 Global 1,6-Hexanediol Historical Market (2018-2022)
8.3 Global 1,6-Hexanediol Market Forecast (2023-2028)
8.4 Global 1,6-Hexanediol Market Market by Application
8.4.1 Polyurethanes
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Coatings
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Acrylates
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.4.4 Adhesives
8.4.4.1 Historical Trend (2018-2022)
8.4.4.2 Forecast Trend (2023-2028)
8.4.5 Polyester Resin
8.4.5.1 Historical Trend (2018-2022)
8.4.5.2 Forecast Trend (2023-2028)
8.4.6 Others
8.5 Global 1,6-Hexanediol Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2022)
8.5.5.2 Forecast Trend (2023-2028)
9 North America 1,6-Hexanediol Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe 1,6-Hexanediol Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific 1,6-Hexanediol Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America 1,6-Hexanediol Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa 1,6-Hexanediol Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 BASF SE
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Ube Industries, Ltd.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Lishui Nanming Chemical Co., Ltd.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Zhengzhou Meiya Chemical Products Co., Ltd.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Hefei TNJ Chemical Industry Co., Ltd.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Lanxess AG
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.3.7 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global 1,6-Hexanediol Market: Key Industry Highlights, 2018 and 2028
2. Global 1,6-Hexanediol Historical Market: Breakup by Application (USD Million), 2018-2022
3. Global 1,6-Hexanediol Market Forecast: Breakup by Application (USD Million), 2023-2028
4. Global 1,6-Hexanediol Historical Market: Breakup by Region (USD Million), 2018-2022
5. Global 1,6-Hexanediol Market Forecast: Breakup by Region (USD Million), 2023-2028
6. North America 1,6-Hexanediol Historical Market: Breakup by Country (USD Million), 2018-2022
7. North America 1,6-Hexanediol Market Forecast: Breakup by Country (USD Million), 2023-2028
8. Europe 1,6-Hexanediol Historical Market: Breakup by Country (USD Million), 2018-2022
9. Europe 1,6-Hexanediol Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Asia Pacific 1,6-Hexanediol Historical Market: Breakup by Country (USD Million), 2018-2022
11. Asia Pacific 1,6-Hexanediol Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Latin America 1,6-Hexanediol Historical Market: Breakup by Country (USD Million), 2018-2022
13. Latin America 1,6-Hexanediol Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Middle East and Africa 1,6-Hexanediol Historical Market: Breakup by Country (USD Million), 2018-2022
15. Middle East and Africa 1,6-Hexanediol Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Global 1,6-Hexanediol Market Structure
In 2022, the global 1,6-hexanediol market attained a value of nearly USD 1064 million.
The market is projected to grow at a CAGR of 7.9% between 2023 and 2028.
The market is estimated to grow in the forecast period of 2023-2028 to reach about USD 1668 million by 2028.
The major drivers of the market include the growing demand for polyurethane, rising disposable incomes, growing sales of furniture, and the increasing demand for coatings and adhesives.
The key trends guiding the market include the growing research and development activities and the surging production of UV-curable resins and enhanced epoxy resins.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Polyurethanes, coatings, acrylates, adhesives, and polyester resin, among others, represent the significant applications of the product in the market.
BASF SE, Ube Industries, Ltd., Lishui Nanming Chemical Co., Ltd., Zhengzhou Meiya Chemical Products Co., Ltd., Hefei TNJ Chemical market Co., Ltd., and Lanxess AG, among others, are the key players in the market.
The global 1,6-hexanediol market attained a value of USD 1064 million in 2022 driven by rapid urbanisation and growing demand for polyurethanes. Aided by the growing investment in the research and development activities, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 7.9%. The 1,6-hexanediol market is projected to reach USD 1668 million by 2028.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on applications, the 1,6-hexanediol industry can be segmented into polyurethanes, coatings, acrylates, adhesives, and polyester resin, among others. The major regional markets for 1,6-hexanediol are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include BASF S.E., Lanxess AG, Ube Industries, Ltd., Lishui Nanming Chemical Co., Ltd., Zhengzhou Meiya Chemical Products Co., Ltd., and Hefei TNJ Chemical Industry Co., Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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