The global demand for Hexamine Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2019 and foreseen to touch XX Kilo Tons by 2026 with a CAGR of XX% during 2020-2026.
Hexamine also is known as Hexamethylenetetramine or methenamine, is a white crystalline material prepared from reacting formaldehyde and ammonia. It is used as a curing agent, rubber cross-linker, antiseptic agent, corrosion inhibitor, food preservative, adhesive, sealant, binder, and for manufacturing of other chemicals used in industries such as plastics, pharmaceuticals, rubber manufacturing industries.
The market is driven by growing demand from end-use industries such as the chemical industry, agrochemical, and pharmaceutical, among others. The main use of hexamine is in organic chemical synthesis: production of explosives and plastics, pesticides, production of powdery or liquid preparations of phenolic resins and phenolic resin moulding compounds. Rapid consumption of organic and agrochemical is predicted to propel the growth of the market. There has been an increasing demand for hexamine in the resurging resin-coated proppant market. Attributed to this, manufacturers are expanding their production capacities that allow serving more demands and customer. The market will grow at a significant rate during the forecast period depending on the changing trends of consumer industries. However, stringent regulation of associated with hexamine and hazardous caused due to its application is hampering its use across industries.
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 application/product segment in the global market of hexamine.
The entire hexamine market has been sub-categorized into purity, functionality, and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- ≤ 95%
- > 95% to < 99%
- ≥ 99%
- Chemical Intermediates
- Polymer & Plastics
- Leather and Textile
- Adhesives & Sealants
- Metal Industry
- Oil & gas
This section covers regional segmentation which accentuates on current and future demand for hexamine 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.
Global Hexamine 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 hexamine market include Iran Petrochemical Commercial Company, kanoria chemicals & industries ltd, Kothari Phytochemicals & Industries Ltd, Newton Engineering & Chemicals Ltd., PJSC Metafrax. 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.