The new report by Expert Market Research titled, ‘Global 1,6-Hexanediol Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the global 1,6-hexanediol market, assessing the market based on its segments like applications and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/1-6-hexanediol-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

• Historical Market Size (2020):  USD 906 million
• Forecast CAGR (2021-2026): 7.8%

The 1,6-hexanediol market is being driven by the thriving polyurethanes segment. The rising demand for 1,6 hexanediol can be attributed to the increasing adoption of polyurethanes by the furniture industry to produce flexible foams utilised in furniture applications such as mattress padding, carpets, and seat cushions. Furthermore, the demand for polyurethanes in developing countries like China and India has significantly increased its production propelling the 1,6 hexanediol industry. Meanwhile, the rising application of the product in the infrastructure industry for insulation is likely to provide an impetus to the market.

Industry Definition and Major Segments

1,6-hexanediol is a colourless organic compound that is soluble in water. It is produced by hydrogenation of adipic acid or its esters and is extensively utilised to produce polyurethane and industrial polyester. 1,6-hexanediol enhances the flexibility and hardness of polyester because it has a relatively long hydrocarbon chain and is employed as a chain extender in polyurethane.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/1-6-hexanediol-market

On the basis of application, the market can be categorised into:

• Polyurethanes
• Coatings
• Acrylates
• Adhesives
• Polyester Resin
• Others

The regional markets for 1,6-hexanediol include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Among these, Asia Pacific is projected to represent a significant share in the 1,6-hexanediol market.

Market Trends

The increasing demand for protective coatings will likely aid the market in the forecast period due to 1,6-hexanediol’s higher affinity towards water. This has led to extensive application in acrylics, paints, plasticizers, and glues, which is expected to further enhance product demand. Furthermore, industrial protective coating in cars, machines and other apparatus has increased the demand for 1,6-hexanediol as it significantly improves their utilisation period by defending them against climatic factors and contaminants. The rapid technological advancements and increasing investments by the key players to develop innovative solutions are also anticipated to significantly contribute to the market growth.

Key Market Players

The major players in the market are BASF S.E., Lanxess Aktiengesellschaft, Ube Industries, Ltd., Lishui Nanming Chemical Co., Ltd., Zhengzhou Meiya Chemical Products Co., Ltd., Hefei TNJ Chemical Industry Co., Ltd., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Related Reports:

Global Steel Casting Market: https://www.expertmarketresearch.com/reports/steel-casting-market

Global Static Mixer Market: https://www.expertmarketresearch.com/reports/static-mixer-market

Global Stadium Lighting Market: https://www.expertmarketresearch.com/reports/stadium-lighting-market

Global Speciality Plastic Films Market: https://www.expertmarketresearch.com/reports/specialty-plastic-films-market-report

Global Solar Central Inverters Market: https://www.expertmarketresearch.com/reports/solar-central-inverters-market

Global Software-Defined Storage Market: https://www.expertmarketresearch.com/reports/software-defined-storage-market

Global Software-Defined Networking (SDN) Market: https://www.expertmarketresearch.com/reports/software-defined-networking-market

Global Software-Defined Data Centre Market: https://www.expertmarketresearch.com/reports/software-defined-data-center-market

Global Smart TV Market: https://www.expertmarketresearch.com/reports/smart-tv-market

Global Smart Glass Market: https://www.expertmarketresearch.com/reports/smart-glass-market

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: EMR Inc.
Contact Person: Mathew Williams, Business Consultant
Email: [email protected]
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com

To get more insights on the topic, click here: https://expertmarketresearch-emr.blogspot.com/

Also, Check Procurement Intelligence which provides you Infallible research solutions.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Leave a Reply

Your email address will not be published. Required fields are marked *