1,6-Hexanediol

1,6-Hexanediol Market by Raw Material (Adipic Acid, Cyclohexane), Application (Acrylates, Adhesives, Coatings) - Global Forecast 2024-2030

SKU
MRR-0376B2CAB01E
Region
Global
Publication Date
February 2024
Delivery
Immediate
2023
USD 1.23 billion
2030
USD 2.20 billion
2024
USD 1.33 billion
CAGR
8.66%
360iResearch Analyst
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[189 Pages Report] The 1,6-Hexanediol Market size was estimated at USD 1.23 billion in 2023 and expected to reach USD 1.33 billion in 2024, at a CAGR 8.66% to reach USD 2.20 billion by 2030.

1,6-Hexanediol Market
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1,6-Hexanediol is an organic compound, a colorless crystalline solid with the formula HO(CH2)6OH. It is a diol, meaning it possesses two hydroxyl functional groups, which make it a versatile chemical intermediate used in the manufacture of polymers including polyurethanes, acrylates, and polyesters. It is coveted for its low water absorption, better durability, and high chemical resistance. The adoption of 1,6-Hexanediol is primarily driven by its growing demand in the production of industrial coatings due to its advantageous properties, such as high tensile strength and excellent permeability. Additionally, its usage in the production of polyurethane, nylon, adhesives, and paint additive industries fuels their adoption. However, their adoption can be inhibited by the volatile price of raw materials and stringent environmental regulations governing the production and disposal of chemicals, which incur significant costs and limit manufacturing capabilities. A significant challenge facing 1,6-Hexanediol includes the need for technological advancements to ensure sustainable and environmentally sound production processes. Opportunities for increased adoption of 1,6-Hexanediol are expected to arise from increasing demand for high-quality, eco-friendly polymers and the potential for developing new application areas through research and innovation. Advancements in chemical recycling technologies present another avenue through which the demand for 1,6-Hexanediol is expected to increase in the future.
1,6-Hexanediol Market - Global Forecast 2024-2030
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FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the 1,6-Hexanediol Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the 1,6-Hexanediol Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the 1,6-Hexanediol Market, highlighting leading vendors and their innovative profiles. These include BASF SE, Chongqing JianFeng Chemical Co., Ltd., Evonik Industries AG, Fushun Tianfu Chemicals Co. Ltd, Hefei TNJ Chemical Industry Co., Ltd, Kowa India Pvt.Ltd, Lanxess AG, LG Chem Ltd., Liaoyang Tianhua Chemical Co.,Ltd., PETRONAS Chemicals Group Berhad, Prasol Chemicals Ltd., TCI Chemicals (India) Pvt. Ltd., Thermo Fisher Scientific, Inc., Tokyo Chemical Industry Co. Ltd., and UBE Corporation.

Market Segmentation & Coverage

This research report categorizes the 1,6-Hexanediol Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Raw Material
    • Adipic Acid
    • Cyclohexane
  • Application
    • Acrylates
    • Adhesives
    • Coatings
    • Plasticizers
    • Polyester Resin
    • Polyurethanes

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the 1,6-Hexanediol Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the 1,6-Hexanediol Market?
  3. What are the technology trends and regulatory frameworks in the 1,6-Hexanediol Market?
  4. What is the market share of the leading vendors in the 1,6-Hexanediol Market?
  5. Which modes and strategic moves are suitable for entering the 1,6-Hexanediol Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. 1,6-Hexanediol Market, by Raw Material
  7. 1,6-Hexanediol Market, by Application
  8. Americas 1,6-Hexanediol Market
  9. Asia-Pacific 1,6-Hexanediol Market
  10. Europe, Middle East & Africa 1,6-Hexanediol Market
  11. Competitive Landscape
  12. Competitive Portfolio
  13. List of Figures [Total: 20]
  14. List of Tables [Total: 200]
  15. List of Companies Mentioned [Total: 15]
1-6-Hexanediol: A Promising Compound for the Wind Sector
December 29, 2023
BLOG
1-6-Hexanediol: A Promising Compound for the Wind Sector
The world is slowly but steadily transitioning towards cleaner and sustainable energy sources. The wind sector specifically has seen immense growth in recent years, and it is expected to continue growing in the coming years. As the demand for wind energy increases, it also drives the demand for materials that support this sector's growth. This is where 1-6-Hexanediol comes in. This promising compound possesses several properties that make it an excellent material for use in the wind sector. This blog dives deeper into the scope and potential of 1-6-Hexanediol in the wind sector.

Hexanediol 101:

1-6-Hexanediol is an organic compound with six carbon atoms and two hydroxyl groups. It is an excellent solvent that is mainly used in the production of polyester resins, coatings, and adhesives, among other applications. Its properties include low toxicity, high reactivity, thermal stability, and excellent water solubility. Additionally, it is a renewable resource derived from plant sugars.

Augmenting Demand from the Wind Sector:

1-6-Hexanediol is highly valued for its ability to improve the performance of wind turbine blades. It can be used as a building block in the production of specialty polyurethane applications that can make turbine blades more durable and resistant to harsh weather conditions. This compound's ability to improve the blades' strength and durability makes it an ideal component in the production of wind turbine blades.

Green Value of 1-6-Hexanediol:

1-6-Hexanediol is derived from plant sugars, making it a renewable resource. Compared to other compounds used in the wind sector, 1-6-Hexanediol has a lower carbon footprint and is more eco-friendly. It is biodegradable and does not discharge harmful chemicals during production or disposal, making it a sustainable and environmentally conscious choice for the wind industry.

The wind sector's growth has created opportunities for new and innovative materials to support its growth. 1-6-Hexanediol is one such compound that holds immense potential in the wind sector. Its unique properties, renewable nature, and eco-friendly attributes make it a promising material for improving wind turbine blade performance. Given the rising demand for wind energy, the market outlook for 1-6-Hexanediol is positive, and its applications are expected to expand even further in the coming years.

Frequently Asked Questions
  1. How big is the 1,6-Hexanediol Market?
    Ans. The Global 1,6-Hexanediol Market size was estimated at USD 1.23 billion in 2023 and expected to reach USD 1.33 billion in 2024.
  2. What is the 1,6-Hexanediol Market growth?
    Ans. The Global 1,6-Hexanediol Market to grow USD 2.20 billion by 2030, at a CAGR of 8.66%
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