Global Hexamethylene Diisocyanate Market Growth 2023-2029

Global Hexamethylene Diisocyanate Market Growth 2023-2029

Hexamethylene diisocyanate (HDI) is an organic compound in the class known as isocyanates. More specifically, it is an aliphatic diisocyanate. Aliphatic diisocyanates are used in special applications, such as enamel coatings which are resistant to abrasion and degradation from ultraviolet light. These properties are particularly desirable in, for instance, the exterior paint applied to aircraft and vessels.

LPI (LP Information)' newest research report, the “Hexamethylene Diisocyanate Industry Forecast” looks at past sales and reviews total world Hexamethylene Diisocyanate sales in 2022, providing a comprehensive analysis by region and market sector of projected Hexamethylene Diisocyanate sales for 2023 through 2029. With Hexamethylene Diisocyanate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hexamethylene Diisocyanate industry.

This Insight Report provides a comprehensive analysis of the global Hexamethylene Diisocyanate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hexamethylene Diisocyanate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hexamethylene Diisocyanate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hexamethylene Diisocyanate and breaks down the forecast by purity, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hexamethylene Diisocyanate.

The global Hexamethylene Diisocyanate market size is projected to grow from US$ 2102.8 million in 2022 to US$ 3458.2 million in 2029; it is expected to grow at a CAGR of 3458.2 from 2023 to 2029.

Hexamethylene diisocyanate is widely used in automotive paint and adhesive industry. The most proportion of hexamethylene diisocyanate is automotive paint and with 66% market share. The trend of automotive paint is increasing.

Asia Pacific is the largest consumption region of hexamethylene diisocyanate, with a consumption value market share nearly 49%. Europe is the second largest consumption region of hexamethylene diisocyanate, enjoying consumption value market share nearly 27%.

The market is much focused. Covestro, Vencorex and Tosoh are the leaders of the industry, with about 71% market shares.

This report presents a comprehensive overview, market shares, and growth opportunities of Hexamethylene Diisocyanate market by product purity, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by purity

0.999

0.995

Others

Segmentation by application

Coating

Adhesive

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Covestro

Vencorex

Tosoh

WANHUA

Asahi Kasei Corporation

BASF SE

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hexamethylene Diisocyanate market?

What factors are driving Hexamethylene Diisocyanate market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hexamethylene Diisocyanate market opportunities vary by end market size?

How does Hexamethylene Diisocyanate break out purity, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.