Global 1,4-Cyclohexanedicarboxylic Acid (CHDA) Market 2022 - Industry Briefing
1,4-Cyclohexanedicarboxylic Acid (CHDA) is a dicarboxylic acid with the formula of C8H12O4. CHDA offers many unique performance properties to polyester resins for coatings and fiberglass-reinforced plastics. Its symmetrical, 1,4-substituted cycloaliphatic ring brings properties ideally suited for high-performance applications in automotive, transportation, industrial maintenance, aerospace, architectural, appliance, and general metal coatings, and gel coats. It is used as synthetic drug for digestive ulcers in medicine, and as modified monomers for polyester resin, to improve its etiolation, and improve its flexibility without changing its hardness. According to market research study published by Gen Consulting Company, the market size of the global 1,4-cyclohexanedicarboxylic acid sector is expected to rise by USD 77 million with a CAGR of 5.5% by the end of 2028.
This industry report offers market estimates of the global market, followed by a detailed analysis of the application, and region. The global market data on 1,4-cyclohexanedicarboxylic acid can be segmented by application: pharmaceutical intermediates, resins & coatings, others. In 2021, the resins & coatings segment made up the largest share of revenue generated by the 1,4-cyclohexanedicarboxylic acid market. 1,4-cyclohexanedicarboxylic acid market is further segmented by region: Asia Pacific, Europe, North America, Rest of the World (RoW). Asia Pacific was the largest contributor to the global 1,4-cyclohexanedicarboxylic acid market in 2021.
The global 1,4-cyclohexanedicarboxylic acid market is highly competitive. The report also includes the profiles of leading companies such as Eastman Chemical Company, Jiangsu Hengxiang Chemical Co. Ltd., Jiangsu Qingquan Chemical Co. Ltd., New Japan Chemical Co. Ltd., Nikko Rica Corporation, SK Chemicals Co. Ltd., Valiant Co. Ltd.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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