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Global Hexamine Market: By Grade: Stabilized, Unstabilized; By Application: Polymer and Plastics, Personal Care, Pharmaceuticals, Adhesives and Sealants, Leather and Textile, Paper, Mining Explosives; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments
Global Hexamine Market Outlook
The global hexamine market is expected to grow at a CAGR of 3.3% in the forecast period of 2021-2026.
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Growing Applications of the Product to Aid the Hexamine Industry Growth
Hexamine has applications in a wide range of sectors. It is widely used as a curing agent for resins and plastics and also serves as a foaming agent and a promoter for rubber vulcanisation. Other applications of hexamine involve its use as a catalyst for aminoplasts and as an anti-shrinking agent for textiles, among others. Based on grade, hexamine is available in stabilized (95% to 98%) and unstabilized (99%) form, each of which has a different set of applications. While unstabilized form is preferred for coating and adhesive and sealant applications, the stabilized form is most widely utilised as a chemical intermediate in the process industry. The growth of the process industry and expanding applications of the product are boosting the sales of hexamine, thus, aiding the growth of the industry.
The Asia Pacific to Significantly Contribute to the Growth of the Hexamine Industry
The Asia Pacific is expected to account for a significant share in the industry over the forecast period. The growth can be attributed to the robust expansion of the major end use sectors, particularly rubber, chemical, and pharmaceutical industries. The global market for hexamine is dominated by the North America region. The growing demand of hexamine from emerging nations like India and China is significantly contributing to the industry growth. Moreover, the growing construction activities in the region are driving the demand for adhesives and sealants, which will also propel the growth of the hexamine industry. Other significant regions for the product include Europe.
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Hexamine: Industry Definition and Segmentation
Hexamine, also known as hexamethylenetetramine (HMTA), is a heterocyclic organic compound. It is available in the form of a white crystalline powder and has a cage-like structure resembling adamantane. It is highly soluble in water and is used as a building block in the synthesis of various compounds. It is obtained via the reaction between ammonia and formaldehyde.
By grade, the market is bifurcated into:
- Stabilized
- Unstabilized
Based on application, the industry can be segmented into:
- Polymer and Plastics
- Personal Care
- Pharmaceuticals
- Adhesives and Sealants
- Leather and Textile
- Paper
- Mining Explosives
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Expanding Pharmaceutical Industry to Bolster the Hexamine Industry Growth
The thriving pharmaceutical industry is driving the demand for hexamine, which is commonly used in treating urinary tract infection. The increased utilisation of hexamine in the production of various organic compounds is driving the hexamine industry growth. Moreover, the growing demand for rubber, particularly in emerging regions like the Asia Pacific, is significantly contributing to the industry growth. Other driving factors include the increasing utilisation of polymer and plastics, growing per capita expenditure on personal care products, rapid urbanisation, and growing construction activities. Over the forecast period, the growing investments by the key players in mergers and acquisitions and capacity expansion are expected to have a positive effect on the expansion of the global hexamine industry. However, the stringent government regulations regarding the use of hexamine, particularly in developed nations, may restrain the industry growth in the coming years.
Key Industry Players in the Global Hexamine Market
The report gives a detailed analysis of the following key players in the global hexamine market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Kanoria Chemicals & Industries Ltd
- Mitsubishi Gas Chemical Company, Inc.
- Hexion Inc.
- Methanol Chemicals Company (Chemanol)
- Simalin Chemical Industries Pvt Ltd
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
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 Industry Opportunities and Challenges
8 Global Hexamine Market Analysis
8.1 Key Industry Highlights
8.2 Global Hexamine Historical Market (2016-2020)
8.3 Global Hexamine Market Forecast (2021-2026)
8.4 Global Hexamine Market by Grade
8.4.1 Stabilized
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Unstabilized
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.5 Global Hexamine Market by Application
8.5.1 Polymer and Plastics
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Personal Care
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Pharmaceuticals
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.5.4 Adhesives and Sealants
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2016-2020)
8.5.4.3 Forecast Trend (2021-2026)
8.5.5 Leather and Textile
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2016-2020)
8.5.5.3 Forecast Trend (2021-2026)
8.5.6 Paper
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2016-2020)
8.5.6.3 Forecast Trend (2021-2026)
8.5.7 Mining Explosives
8.5.7.1 Market Share
8.5.7.2 Historical Trend (2016-2020)
8.5.7.3 Forecast Trend (2021-2026)
8.5.8 Others
8.6 Global Hexamine Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.2 Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.3 Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.4 Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.5 Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Kanoria Chemicals & Industries Ltd
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Mitsubishi Gas Chemical Company, Inc.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Hexion Inc.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Methanol Chemicals Company (Chemanol)
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Simalin Chemical Industries Pvt Ltd
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Others
14 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Figures and Tables
1. Global Hexamine Market: Key Industry Highlights, 2016 and 2026
2. Global Hexamine Historical Market: Breakup by Grade (USD Billion), 2016-2020
3. Global Hexamine Market Forecast: Breakup by Grade (USD Billion), 2021-2026
4. Global Hexamine Historical Market: Breakup by Application (USD Billion), 2016-2020
5. Global Hexamine Market Forecast: Breakup by Application (USD Billion), 2021-2026
6. Global Hexamine Historical Market: Breakup by Region (USD Billion), 2016-2020
7. Global Hexamine Market Forecast: Breakup by Region (USD Billion), 2021-2026
8. North America Hexamine Historical Market: Breakup by Country (USD Billion), 2016-2020
9. North America Hexamine Market Forecast: Breakup by Country (USD Billion), 2021-2026
10. Europe Hexamine Historical Market: Breakup by Country (USD Billion), 2016-2020
11. Europe Hexamine Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Asia Pacific Hexamine Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Asia Pacific Hexamine Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Latin America Hexamine Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Latin America Hexamine Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Middle East and Africa Hexamine Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Middle East and Africa Hexamine Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. North America Historical Price Trends and Forecast 2016-2026
19. Europe Historical Price Trends and Forecast 2016-2026
20. Asia Pacific Historical Price Trends and Forecast 2016-2026
21. Latin America Historical Price Trends and Forecast 2016-2026
22. Middle East and Africa Historical Price Trends and Forecast 2016-2026
23. Global Hexamine Market Structure
Key Questions Answered in the Report
The global hexamine market is projected to grow at a CAGR of 3.3% between 2021 and 2026.
The major drivers of the industry, such as the thriving pharmaceutical sector, rising demand for rubber vulcanisation, growing construction activities, increasing demand for personal care products, expanding chemical industry, and growing technological advancements, are expected to aid the market growth.
The key market trends guiding the growth of the hexamine market include the growing mergers and acquisitions by the key players along with the expansion of the production capacity.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading grades of hexamine in the market are stabilized and unstabilized.
The major application segments in the industry are polymer and plastics, personal care, pharmaceuticals, adhesives and sealants, leather and textile, paper, and mining explosives, among others.
The major players in the industry are Kanoria Chemicals & Industries Ltd, Mitsubishi Gas Chemical Company, Inc., Hexion Inc., Methanol Chemicals Company (Chemanol), and Simalin Chemical Industries Pvt Ltd, among others.
Analyst Review
The global hexamine market is being driven by the rising demand from the pharmaceutical industry. Aided by the growing production expansion, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 3.3%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on grade, the market is divided into stabilized and unstabilized. By application, the industry is segmented into polymer and plastics, personal care, pharmaceuticals, adhesives and sealants, leather and textile, paper, and mining explosives, among others. The major regional markets for hexamine are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Kanoria Chemicals & Industries Ltd, Mitsubishi Gas Chemical Company, Inc., Hexion Inc., Methanol Chemicals Company (Chemanol), and Simalin Chemical Industries Pvt 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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