Global Hexamethylenediamine Market Size study, By Application (Nylon Synthesis, Curing Agents, Lubricants, Biocides, Adhesives, Water Treatment Chemicals, Others), By End-Use Industry (Automotive, Textile, Paint & Coatings, Petrochemicals, Others), and Regional Forecasts 2022-2028
Global Hexamethylenediamine Market is valued at approximately USDXX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Hexamethylenediamine {H₂N(CH₂) ₆NH₂} is a colorless organic solid with a strong amine odor. Hexamethylenediamine is created from a hexamethylene hydrocarbon chain with an amine functional group at the end. It is used as a corrosion inhibitor, chemical intermediate, and curing agent in industries such as automotive, textile, paint & coatings, petrochemicals, and many others. Factors such as the extensive use of hexamethylenediamine in manufacturing nylon 66 (PA 66), surging demand for polyamides in 3D printing, and growing need in the automotive and textile industries are the key factors contributing to the market demand around the world. For instance, according to Statista, in 2019, the market size of the PA 66 or Nylon 66 segment was estimated to account for USD 12,131 million and it is projected that the segment grows and reach USD 16,302.1 million by 2025. Thereby, the demand for Nylon 66 is bolstering the growth of the Hexamethylenediamine Market in the impending years. However, rising environmental concerns and increasing R&D activities to find a replacement for hexamethylenediamine impede the growth of the market over the forecast period of 2022-2028. Also, the growth of bio-based hexamethylenediamine and increasing initiatives by the key market players are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global Hexamethylenediamine Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rapid expansion of automotive industry and high production of nylon 66. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the availability of cheap labor and raw materials, as well as growth of end-use industry, would create lucrative growth prospects for the Hexamethylenediamine Market across the Asia-Pacific region.
Major market players included in this report are:
BASF SE
DuPont
Asahi Kasei Corporation
Toray Industries, Inc.
Merck KGaA
Evonik Industries AG
Solvay S.A.
Ashland Global Holdings, Inc.
Invista
Ascend Performance Materials
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Nylon Synthesis
Curing Agents
Lubricants
Biocides
Adhesives
Water Treatment Chemicals
Others
By End-Use Industry:
Automotive
Textile
Paint & Coatings
Petrochemicals
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Hexamethylenediamine Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
BASF SE
DuPont
Asahi Kasei Corporation
Toray Industries, Inc.
Merck KGaA
Evonik Industries AG
Solvay S.A.
Ashland Global Holdings, Inc.
Invista
Ascend Performance Materials
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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