The global demand for Cyclohexane Dimethanol Market is presumed to reach the valuation of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period of 2021 - 2027. Whereas with regards to volume, the market was calculated XX KMT in 2020 and foreseen to touch XX KMT by 2027 with a CAGR of XX% during 2021-2027.
Cyclohexane dimethanol (CHDM) is defined as a mixture of isomeric organic compounds. The chemical formula of CHDM is C6H10 (CH2OH)2. It has a low melting colorless solid used in polyester resins production. The cyclohexane dimethanol thermoplastic polyesters have significant properties such as clarity, solvent resistance, and toughness. CHDM is made by catalytic hydrogenation of dimethyl teraphthalate. The commercial CHDM has a cis/trans ratio of 30:70. It is symmetrical in nature and has high molecular weight cycloaliphatic glycol that is utilized to make unsaturated and saturated polyester resins. It is most generally used as a glycol modifier for resins.
The wide adoption as an intermediate in the various end-user industries such as cosmetic, pharmaceutical, construction is the primary factor driving the cyclohexane dimethanol market. The growing production of unsaturated polyester resins leads to an increase in CHDM demand due to its usage in unsaturated polyester resins for sheet molding compounds, gel coats, and injection moldable fiberglass reinforced plastics. Also, the high adoption by chemical manufacturers for the production of polyethylene terephthalate (PET), or polyethylene terephthalic ester (PETE), thus positively impacts the growth of the cyclohexane dimethanol market. Moreover, the growing construction sector, rising urban population, and growth in the composite industry are certain factors expected to provide profitable growth opportunities for key players of the cyclohexane dimethanol market in the coming years.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each segment in the global market of cyclohexane dimethanol.
This section of the cyclohexane dimethanol market report provides detailed data on the segments by analyzing them geographically, thereby assisting the strategist in identifying the target demographics for the respective product or service.
- Cis/Trans Ratio: 30:70
- Cis/Trans Ratio: 25:75
- Polyester Materials
- Coating Materials
This section covers regional segmentation which accentuates on current and future demand for cyclohexane dimethanol market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Cyclohexane Dimethanol Market by Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the cyclohexane dimethanol market include Eastman, SK NJC, Kangheng Chemical and Feixiang GroupS. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.