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1,6-Hexanediol Market

Global 1,6-Hexanediol Market Analysis, Share, Forecast: By Application: Polyurethanes, Coatings, Acrylates, Adhesives, Polyester Resin, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Analysis; Competitive Landscape; 2024-2032

Global 1,6-Hexanediol Market Outlook

The global 1,6-hexanediol market is anticipated to expand from USD 1,148.06 million in 2023 to USD 2,260.90 million by 2032, growing at a CAGR of 7.8% during the forecast period of 2024-2032.

 

Global 1,6-Hexanediol Market

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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.

 

Global 1,6-Hexanediol Market: Properties and Applications

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.

 

Global 1,6-Hexanediol Market

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Based on its applications, the 1,6-hexanediol market is segmented into:

  • Polyurethanes 
  • Coatings 
  • Acrylates 
  • Adhesives
  • Polyester Resin 
  • Others

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.

 

Global 1,6-Hexanediol Market Analysis

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 2024-2032. 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.

 

Global 1,6-Hexanediol Market

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Global 1,6-Hexanediol Market: Competitive Landscape

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:

  • BASF S.E. 
  • Lanxess AG
  • Ube Industries, Ltd. 
  • Lishui Nanming Chemical Co., Ltd.
  • Zhengzhou Meiya Chemical Products Co., Ltd.
  • Hefei TNJ Chemical Industry Co., Ltd.
  • Others

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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • BASF SE
  • Ube Industries, Ltd.
  • Lishui Nanming Chemical Co., Ltd.
  • Zhengzhou Meiya Chemical Products Co., Ltd.
  • Hefei TNJ Chemical Industry Co., Ltd.
  • Lanxess AG
  • Others
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*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 (2018-2023) 
    8.3    Global 1,6-Hexanediol Market Forecast (2024-2032)
    8.4    Global 1,6-Hexanediol Market Market by Application
        8.4.1    Polyurethanes   
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Coatings   
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Acrylates   
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Adhesives
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Polyester Resin    
            8.4.5.1    Historical Trend (2018-2023)
            8.4.5.2    Forecast Trend (2024-2032)
        8.4.6    Others   
    8.5    Global 1,6-Hexanediol Market by Region
        8.5.1    North America
            8.5.1.1    Historical Trend (2018-2023) 
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Europe
            8.5.2.1    Historical Trend (2018-2023) 
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Asia Pacific
            8.5.3.1    Historical Trend (2018-2023) 
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Latin America
            8.5.4.1    Historical Trend (2018-2023) 
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Middle East and Africa
            8.5.5.1    Historical Trend (2018-2023) 
            8.5.5.2    Forecast Trend (2024-2032)
9    North America 1,6-Hexanediol Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe 1,6-Hexanediol Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific 1,6-Hexanediol Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America 1,6-Hexanediol Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa 1,6-Hexanediol Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    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                
        17.2.7    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 2032
2.    Global 1,6-Hexanediol Historical Market: Breakup by Application (USD Million), 2018-2023
3.    Global 1,6-Hexanediol Market Forecast: Breakup by Application (USD Million), 2024-2032
4.    Global 1,6-Hexanediol Historical Market: Breakup by Region (USD Million), 2018-2023
5.    Global 1,6-Hexanediol Market Forecast: Breakup by Region (USD Million), 2024-2032
6.    North America 1,6-Hexanediol Historical Market: Breakup by Country (USD Million), 2018-2023
7.    North America 1,6-Hexanediol Market Forecast: Breakup by Country (USD Million), 2024-2032
8.    Europe 1,6-Hexanediol Historical Market: Breakup by Country (USD Million), 2018-2023
9.    Europe 1,6-Hexanediol Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Asia Pacific 1,6-Hexanediol Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Asia Pacific 1,6-Hexanediol Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Latin America 1,6-Hexanediol Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Latin America 1,6-Hexanediol Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Middle East and Africa 1,6-Hexanediol Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Middle East and Africa 1,6-Hexanediol Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Global 1,6-Hexanediol Market Structure

Key Questions Answered in the Report

In 2023, the global 1,6-hexanediol market attained a value of nearly USD 1,148.06 million.

The market is projected to grow at a CAGR of 7.8% between 2024 and 2032.

The market is estimated to grow in the forecast period of 2024-2032 to reach about USD 2,260.90 million by 2032.

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.

Analyst Review

The global 1,6-hexanediol market attained a value of USD 1,148.06 million in 2023 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 2024-2032, growing at a CAGR of 7.8%. The 1,6-hexanediol market is projected to reach USD 2,260.90 million by 2032.

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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