The global demand for Hexamethylenediamine Market is presumed to reach the market size of nearly USD 22.12 BN by 2030 from USD 11.52 BN in 2022 with a CAGR of 7.52% under the study period 2023 - 2030.Regarding volume, the market was calculated XX Kilo Ton in 2022 and forecast to touch XX Kilo Ton by 2030 with a CAGR of XX% during 2023-2030.
Hexamethylenediamine is a precursor used to make nylon 6-6 and is also known as a corrosion inhibitor, chemical intermediary, and curing agent. It has many uses in various end-use sectors, including textile, water treatment, and automotive. Furthermore, it is widely used in making resins for adhesives and paints. Domestic and technical fabrics are both made from this material.
Market Dynamics
The worldwide hexamethylenediamine market has significantly benefited from the rise in demand for nylon 66 fibres. The market is anticipated to expand quickly due to nylon's increasing use as an effective alternative in various applications, particularly in the automotive sector, where nylon has replaced metals in several benefits. A significant market limitation, however, is the gradually growing R&D focused on creating a superior replacement to replace the use of hexamethylenediamine during the production of nylon 6-6. Nonetheless, a rise in demand for bio-based hexamethylenediamine products could offer possibilities for market players.
The research 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 an inclusive assessment of each segment in the global market of hexamethylenediamine. The growth and trends of hexamethylenediamine industry provide a holistic approach to this study.
Market Segmentation
This section of the hexamethylenediamine market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Application
- Nylon Synthesis
- Curing Agents
- Lubricants
- Biocides
- Intermediate For Coatings
- Adhesives
- Water Treatment Chemicals
- Others
By End-Use Industry
- Automotive
- Textile
- Paint & Coatings
- Petrochemicals
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Hexamethylenediamine market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Hexamethylenediamine Market Share by Region (Representative Graph)
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 hexamethylenediamine market include BASF SE (Germany), Merck KGaA (Germany), TORAY INDUSTRIES, INC. (Japan), Evonik (Germany), and DuPont de Nemours, Inc.(US). This section consists of 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.
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