Global 1,6-Hexanediol Diacrylate Market Size Study, by Grade (Monomer, Acrylates, Di-functional), by Application (Adhesives, Coatings, Castings, UV Cured Inks, Others), and Regional Forecasts 2022-2032

Global 1,6-Hexanediol Diacrylate Market Size Study, by Grade (Monomer, Acrylates, Di-functional), by Application (Adhesives, Coatings, Castings, UV Cured Inks, Others), and Regional Forecasts 2022-2032

The Global 1,6-Hexanediol Diacrylate Market is poised for substantial growth, projected to expand from USD 582.31 million in 2023 to an impressive USD 1002.1 million by 2032, reflecting a robust CAGR of 6.2% over the forecast period. 1,6-Hexanediol diacrylate, known for its superior mechanical, thermal, and chemical properties, is gaining traction as industries seek high-performance materials. The adoption of 3D printing technology across various industries further propels market growth, with 1,6-hexanediol diacrylate being a key component in photopolymer resins used in advanced printing processes. The market is driven by the increasing demand for advanced acrylate-based formulations in diverse sectors such as aerospace, electronics, and healthcare. The market's growth is also bolstered by the rising interest in bio-based alternatives due to environmental sustainability concerns. The development of bio-based 1,6-hexanediol diacrylate offers a promising avenue for market expansion, catering to the demand for renewable and biodegradable products.

The growing need for advanced acrylate-based formulations is significantly driving the demand for the global 1,6-Hexanediol Diacrylate (HDDA) market. HDDA is a vital crosslinking agent used in the production of high-performance polymers and resins, which are essential in various industries such as coatings, adhesives, and electronics. Its superior properties, including enhanced flexibility, chemical resistance, and durability, make it a preferred choice for developing advanced acrylate-based products. The surge in demand for UV-cured coatings and inks, driven by their environmental benefits and superior performance, further propels the HDDA market. Additionally, the rising need for high-quality adhesives in automotive and construction applications, where robust bonding and longevity are crucial, boosts HDDA consumption. As industries continue to seek innovative materials to enhance product performance and sustainability, the demand for HDDA in advanced acrylate formulations is expected to grow steadily.

The key regions considered for the Global 1,6-Hexanediol Diacrylate Market study include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2023, North America dominates the market in terms of revenue. North America boasts a well-developed industrial base with a high demand for HDDA in various applications, including coatings, adhesives, and electronics. The region is at the forefront of technological innovations, enabling the development and adoption of advanced acrylate-based formulations that require HDDA for enhanced performance. The robust automotive and construction industries in North America drive the demand for high-performance adhesives and coatings, which rely on HDDA for their superior properties. The Asia-Pacific region anticipated to exhibit the highest CAGR during the forecast period 2024-2032.

Major Market Players Included in this Report:

Tetrahedron Scientific Inc.

Biosynth

Chemotechnique

Shin Nakamura Chemical

Kowa

Arkema

BASF SE

Lanxess Aktiengesellschaft

Linshui Nanming Chemical Co., Ltd

Perstorp AB

Ube Industries, Ltd.

The Detailed Segments and Sub-Segment of the Market are Explained Below:

By Grade:

Monomer

Acrylates

Di-functional

By Application:

Adhesives

Coatings

Castings

UV Cured Inks

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Italy

Spain

Rest of Europe

Asia-Pacific

China

Japan

India

South Korea

Rest of Asia-Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

Saudi Arabia

South Africa

Rest of Middle East & Africa

Years considered for the study are as follows:

Historical year – 2022

Base year – 2023

Forecast period – 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.

Annualized revenues and regional level analysis for each market segment.

Detailed analysis of geographical landscape with country-level analysis of major regions.

Competitive landscape with information on major players in the market.

Analysis of key business strategies and recommendations on future market approach.

Analysis of competitive structure of the market.

Demand-side and supply-side analysis of the market.

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