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1,6-Hexanediol Global Market Insights 2024, Analysis and Forecast to 2029, by Manufacturers, Regions, Technology, Application

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    Report

  • 83 Pages
  • November 2024
  • Region: Global
  • Prof Research
  • ID: 5726195
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Quick Summary:

In the ever-evolving chemical industry, staying informed and ahead of trends is crucial. As such, our report on the global market of 1,6-Hexanediol proves to be an essential tool in understanding and harnessing the potential for growth in this dynamic market sector. The comprehensive analysis provides valuable insights into the market size and growth, carefully extrapolated forecasts up to the next decade, and detailed regional supply and demand data.

The report goes beyond mere numbers. It paints a holistic picture of the competitive landscape, profiling key market players and newcomers alike. Stakeholders gain invaluable information on these companies - from SWOT analysis, production volumes, revenue, price, and gross margin to their market shares. Deep dives into applications ranging from polyurethane coatings to epoxy resins are given considerable attention. Regions covered extend from North America and Europe to Asia Pacific and MEA, including key countries like the United States, China, Germany, and Brazil. Fulfill your strategic goals and excel in the 1,6-Hexanediol market using the findings from this detailed report.

The 1,6-Hexanediol market has witnessed significant growth in recent years, primarily driven by its extensive application in various industries, including plastics, coatings, adhesives, and cosmetics. This chemical compound serves as a versatile building block for the production of polyurethanes and other polymeric substances. Its unique properties, such as low volatility and high boiling point, make it a preferred choice in formulations requiring stability and durability.

Market Size

The global 1,6-Hexanediol market was valued at approximately $550 million in 2023 and is projected to reach around $800 million by 2029, growing at a CAGR of 6.5% during the forecast period (2024-2029). The robust growth is attributed to increasing demand from various applications, particularly in the automotive and construction sectors.

Share & Trends Analysis Report

By Products Type

The market can be segmented based on product types, including:
  • Industrial Grade 1,6-Hexanediol: Used primarily in polymer production and as a solvent.
  • Pure Grade 1,6-Hexanediol: Utilized in pharmaceuticals and personal care products.
Industrial Grade 1,6-Hexanediol holds the majority share due to its extensive applications in coatings and adhesives, contributing approximately 70% of the market revenue, while Pure Grade accounts for around 30%.

By Key Players

Key players in the 1,6-Hexanediol market include:
  • BASF SE
  • Invista
  • Lanxess AG
  • Huntsman Corporation
  • Mitsubishi Chemical Corporation
These companies dominate the market through strategic acquisitions, product innovations, and expansion of manufacturing capabilities.

By Process

The manufacturing processes for 1,6-Hexanediol include:
  • Hydrogenation of Adipic Acid: This is the primary method used in commercial production.
  • Other processes: Methods like cyclization and dehydration are also explored for synthesis.
The hydrogenation process accounts for more than 80% of the total production, attributed to its cost-effectiveness and efficiency.

By Application

1,6-Hexanediol is widely used in various applications, such as:
  • Polyurethanes: Utilized as a soft segment in thermoplastic and thermoset polyurethanes.
  • Coatings: Acts as a solvent and provides improved flow and finish.
  • Adhesives: Enhances bonding strength and stability.
  • Cosmetics and Personal Care: Used as a humectant and a solvent.
Polyurethanes represent the largest application segment, accounting for over 50% of global consumption.

By End-Use

The end-use industries driving the demand for 1,6-Hexanediol include:
  • Construction: For sealants, adhesives, and coatings.
  • Automotive: Used in automotive coatings and adhesives.
  • Chemicals: As intermediates in the chemical industry.
  • Electronics: In encapsulants and coatings for electronic components.
The construction sector is projected to remain a key driver, with a share of approximately 40% of the overall market.

By Region

The market for 1,6-Hexanediol is segmented geographically into:
  • North America: A significant market due to the presence of major manufacturing companies.
  • Europe: Dominated by sustainable innovations in chemical production.
  • Asia-Pacific: Fastest-growing region, thanks to rapid industrialization and increasing demand from the automotive sector.
  • Latin America & Middle East and Africa: Emerging markets with a moderate growth rate.
Asia-Pacific currently holds the largest market share, accounting for about 35% of the global consumption driven by increasing industrial activities in countries like China and India.

Market News on Policy and Companies

Several policies and industry developments have shaped the 1,6-Hexanediol market landscape:
  • The European Union's stringent regulations concerning chemical production have pushed companies to adopt sustainable practices.
  • Innovations in bio-based production methods are gaining traction, with companies like BASF investing in eco-friendly alternatives.
  • Acquisitions and mergers among key players like Huntsman and invite new technologies, leading to enhanced production efficiency.
Additionally, governmental initiatives promoting the use of sustainable chemicals are expected to support market growth.

Segment Forecasts, 2024-2029

Based on comprehensive market analysis, the forecast segments for the 1,6-Hexanediol market from 2024 to 2029 are as follows:
  • The overall market is expected to grow at a CAGR of 6.5%.
  • North America is anticipated to witness a 5% growth rate driven by robust demand from the automotive sector.
  • The Asia-Pacific region is projected to grow over 7%, becoming the leading consumer by 2029.
  • Polyurethane applications are expected to maintain their dominance, with a projected growth rate of 6.8%.
  • Regulatory compliance in Europe will enhance market opportunities for sustainable products.
The 1,6-Hexanediol market is poised for robust growth, fueled by increasing industrial applications, strategic player initiatives, and strong demand across various end-use sectors. Companies that focus on innovation and sustainability will likely gain a competitive edge in the evolving market landscape.


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Table of Contents

Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 1,6-Hexanediol Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of 1,6-Hexanediol by Region
8.2 Import of 1,6-Hexanediol by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast 1,6-Hexanediol Market in North America (2019-2029)
9.1 1,6-Hexanediol Market Size
9.2 1,6-Hexanediol Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast 1,6-Hexanediol Market in South America (2019-2029)
10.1 1,6-Hexanediol Market Size
10.2 1,6-Hexanediol Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast 1,6-Hexanediol Market in Asia & Pacific (2019-2029)
11.1 1,6-Hexanediol Market Size
11.2 1,6-Hexanediol Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Southeast Asia
11.5.6 Australia
Chapter 12 Historical and Forecast 1,6-Hexanediol Market in Europe (2019-2029)
12.1 1,6-Hexanediol Market Size
12.2 1,6-Hexanediol Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast 1,6-Hexanediol Market in MEA (2019-2029)
13.1 1,6-Hexanediol Market Size
13.2 1,6-Hexanediol Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global 1,6-Hexanediol Market (2019-2024)
14.1 1,6-Hexanediol Market Size
14.2 1,6-Hexanediol Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global 1,6-Hexanediol Market Forecast (2024-2029)
15.1 1,6-Hexanediol Market Size Forecast
15.2 1,6-Hexanediol Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
16.1 BASF
16.1.1 Company Profile
16.1.2 Main Business and 1,6-Hexanediol Information
16.1.3 SWOT Analysis of BASF
16.1.4 BASF 1,6-Hexanediol Sales, Revenue, Price and Gross Margin (2019-2024)
16.2 Lanxess
16.2.1 Company Profile
16.2.2 Main Business and 1,6-Hexanediol Information
16.2.3 SWOT Analysis of Lanxess
16.2.4 Lanxess 1,6-Hexanediol Sales, Revenue, Price and Gross Margin (2019-2024)
16.3 UBE Corporation
16.3.1 Company Profile
16.3.2 Main Business and 1,6-Hexanediol Information
16.3.3 SWOT Analysis of UBE Corporation
16.3.4 UBE Corporation 1,6-Hexanediol Sales, Revenue, Price and Gross Margin (2019-2024)
16.4 Zhejiang Boadge Chemical
16.4.1 Company Profile
16.4.2 Main Business and 1,6-Hexanediol Information
16.4.3 SWOT Analysis of Zhejiang Boadge Chemical
16.4.4 Zhejiang Boadge Chemical 1,6-Hexanediol Sales, Revenue, Price and Gross Margin (2019-2024)
16.5 Yuanli
16.5.1 Company Profile
16.5.2 Main Business and 1,6-Hexanediol Information
16.5.3 SWOT Analysis of Yuanli
16.5.4 Yuanli 1,6-Hexanediol Sales, Revenue, Price and Gross Margin (2019-2024)
List of Tables and Figures
Table Abbreviation and Acronyms List
Table Research Scope of 1,6-Hexanediol Report
Table Data Sources of 1,6-Hexanediol Report
Table Major Assumptions of 1,6-Hexanediol Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure 1,6-Hexanediol Picture
Table 1,6-Hexanediol Classification
Table 1,6-Hexanediol Applications List
Table Drivers of 1,6-Hexanediol Market
Table Restraints of 1,6-Hexanediol Market
Table Opportunities of 1,6-Hexanediol Market
Table Threats of 1,6-Hexanediol Market
Table Raw Materials Suppliers List
Table Different Production Methods of 1,6-Hexanediol
Table Cost Structure Analysis of 1,6-Hexanediol
Table Key End Users List
Table Latest News of 1,6-Hexanediol Market
Table Merger and Acquisition List
Table Planned/Future Project of 1,6-Hexanediol Market
Table Policy of 1,6-Hexanediol Market
Table 2019-2029 Regional Export of 1,6-Hexanediol
Table 2019-2029 Regional Import of 1,6-Hexanediol
Table 2019-2029 Regional Trade Balance
Figure 2019-2029 Regional Trade Balance
Table 2019-2029 North America 1,6-Hexanediol Market Size and Market Volume List
Figure 2019-2029 North America 1,6-Hexanediol Market Size and CAGR
Figure 2019-2029 North America 1,6-Hexanediol Market Volume and CAGR
Table 2019-2029 North America 1,6-Hexanediol Demand List by Application
Table 2019-2024 North America 1,6-Hexanediol Key Players Sales List
Table 2019-2024 North America 1,6-Hexanediol Key Players Market Share List
Table 2019-2029 North America 1,6-Hexanediol Demand List by Type
Table 2019-2024 North America 1,6-Hexanediol Price List by Type
Table 2019-2029 United States 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 United States 1,6-Hexanediol Import & Export List
Table 2019-2029 Canada 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 Canada 1,6-Hexanediol Import & Export List
Table 2019-2029 Mexico 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 Mexico 1,6-Hexanediol Import & Export List
Table 2019-2029 South America 1,6-Hexanediol Market Size and Market Volume List
Figure 2019-2029 South America 1,6-Hexanediol Market Size and CAGR
Figure 2019-2029 South America 1,6-Hexanediol Market Volume and CAGR
Table 2019-2029 South America 1,6-Hexanediol Demand List by Application
Table 2019-2024 South America 1,6-Hexanediol Key Players Sales List
Table 2019-2024 South America 1,6-Hexanediol Key Players Market Share List
Table 2019-2029 South America 1,6-Hexanediol Demand List by Type
Table 2019-2024 South America 1,6-Hexanediol Price List by Type
Table 2019-2029 Brazil 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 Brazil 1,6-Hexanediol Import & Export List
Table 2019-2029 Argentina 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 Argentina 1,6-Hexanediol Import & Export List
Table 2019-2029 Chile 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 Chile 1,6-Hexanediol Import & Export List
Table 2019-2029 Peru 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 Peru 1,6-Hexanediol Import & Export List
Table 2019-2029 Asia & Pacific 1,6-Hexanediol Market Size and Market Volume List
Figure 2019-2029 Asia & Pacific 1,6-Hexanediol Market Size and CAGR
Figure 2019-2029 Asia & Pacific 1,6-Hexanediol Market Volume and CAGR
Table 2019-2029 Asia & Pacific 1,6-Hexanediol Demand List by Application
Table 2019-2024 Asia & Pacific 1,6-Hexanediol Key Players Sales List
Table 2019-2024 Asia & Pacific 1,6-Hexanediol Key Players Market Share List
Table 2019-2029 Asia & Pacific 1,6-Hexanediol Demand List by Type
Table 2019-2024 Asia & Pacific 1,6-Hexanediol Price List by Type
Table 2019-2029 China 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 China 1,6-Hexanediol Import & Export List
Table 2019-2029 India 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 India 1,6-Hexanediol Import & Export List
Table 2019-2029 Japan 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 Japan 1,6-Hexanediol Import & Export List
Table 2019-2029 South Korea 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 South Korea 1,6-Hexanediol Import & Export List
Table 2019-2029 Southeast Asia 1,6-Hexanediol Market Size List
Table 2019-2029 Southeast Asia 1,6-Hexanediol Market Volume List
Table 2019-2029 Southeast Asia 1,6-Hexanediol Import List
Table 2019-2029 Southeast Asia 1,6-Hexanediol Export List
Table 2019-2029 Australia 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 Australia 1,6-Hexanediol Import & Export List
Table 2019-2029 Europe 1,6-Hexanediol Market Size and Market Volume List
Figure 2019-2029 Europe 1,6-Hexanediol Market Size and CAGR
Figure 2019-2029 Europe 1,6-Hexanediol Market Volume and CAGR
Table 2019-2029 Europe 1,6-Hexanediol Demand List by Application
Table 2019-2024 Europe 1,6-Hexanediol Key Players Sales List
Table 2019-2024 Europe 1,6-Hexanediol Key Players Market Share List
Table 2019-2029 Europe 1,6-Hexanediol Demand List by Type
Table 2019-2024 Europe 1,6-Hexanediol Price List by Type
Table 2019-2029 Germany 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 Germany 1,6-Hexanediol Import & Export List
Table 2019-2029 France 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 France 1,6-Hexanediol Import & Export List
Table 2019-2029 United Kingdom 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 United Kingdom 1,6-Hexanediol Import & Export List
Table 2019-2029 Italy 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 Italy 1,6-Hexanediol Import & Export List
Table 2019-2029 Spain 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 Spain 1,6-Hexanediol Import & Export List
Table 2019-2029 Belgium 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 Belgium 1,6-Hexanediol Import & Export List
Table 2019-2029 Netherlands 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 Netherlands 1,6-Hexanediol Import & Export List
Table 2019-2029 Austria 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 Austria 1,6-Hexanediol Import & Export List
Table 2019-2029 Poland 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 Poland 1,6-Hexanediol Import & Export List
Table 2019-2029 Russia 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 Russia 1,6-Hexanediol Import & Export List
Table 2019-2029 MEA 1,6-Hexanediol Market Size and Market Volume List
Figure 2019-2029 MEA 1,6-Hexanediol Market Size and CAGR
Figure 2019-2029 MEA 1,6-Hexanediol Market Volume and CAGR
Table 2019-2029 MEA 1,6-Hexanediol Demand List by Application
Table 2019-2024 MEA 1,6-Hexanediol Key Players Sales List
Table 2019-2024 MEA 1,6-Hexanediol Key Players Market Share List
Table 2019-2029 MEA 1,6-Hexanediol Demand List by Type
Table 2019-2024 MEA 1,6-Hexanediol Price List by Type
Table 2019-2029 Egypt 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 Egypt 1,6-Hexanediol Import & Export List
Table 2019-2029 Israel 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 Israel 1,6-Hexanediol Import & Export List
Table 2019-2029 South Africa 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 South Africa 1,6-Hexanediol Import & Export List
Table 2019-2029 Gulf Cooperation Council Countries 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 Gulf Cooperation Council Countries 1,6-Hexanediol Import & Export List
Table 2019-2029 Turkey 1,6-Hexanediol Market Size and Market Volume List
Table 2019-2029 Turkey 1,6-Hexanediol Import & Export List
Table 2019-2024 Global 1,6-Hexanediol Market Size List by Region
Table 2019-2024 Global 1,6-Hexanediol Market Size Share List by Region
Table 2019-2024 Global 1,6-Hexanediol Market Volume List by Region
Table 2019-2024 Global 1,6-Hexanediol Market Volume Share List by Region
Table 2019-2024 Global 1,6-Hexanediol Demand List by Application
Table 2019-2024 Global 1,6-Hexanediol Demand Market Share List by Application
Table 2019-2024 Global 1,6-Hexanediol Capacity List
Table 2019-2024 Global 1,6-Hexanediol Key Vendors Capacity Share List
Table 2019-2024 Global 1,6-Hexanediol Key Vendors Production List
Table 2019-2024 Global 1,6-Hexanediol Key Vendors Production Share List
Figure 2019-2024 Global 1,6-Hexanediol Capacity Production and Growth Rate
Table 2019-2024 Global 1,6-Hexanediol Key Vendors Production Value List
Figure 2019-2024 Global 1,6-Hexanediol Production Value and Growth Rate
Table 2019-2024 Global 1,6-Hexanediol Key Vendors Production Value Share List
Table 2019-2024 Global 1,6-Hexanediol Demand List by Type
Table 2019-2024 Global 1,6-Hexanediol Demand Market Share List by Type
Table 2019-2024 Regional 1,6-Hexanediol Price List
Table 2024-2029 Global 1,6-Hexanediol Market Size List by Region
Table 2024-2029 Global 1,6-Hexanediol Market Size Share List by Region
Table 2024-2029 Global 1,6-Hexanediol Market Volume List by Region
Table 2024-2029 Global 1,6-Hexanediol Market Volume Share List by Region
Table 2024-2029 Global 1,6-Hexanediol Demand List by Application
Table 2024-2029 Global 1,6-Hexanediol Demand Market Share List by Application
Table 2024-2029 Global 1,6-Hexanediol Capacity List
Table 2024-2029 Global 1,6-Hexanediol Key Vendors Capacity Share List
Table 2024-2029 Global 1,6-Hexanediol Key Vendors Production List
Table 2024-2029 Global 1,6-Hexanediol Key Vendors Production Share List
Figure 2024-2029 Global 1,6-Hexanediol Capacity Production and Growth Rate
Table 2024-2029 Global 1,6-Hexanediol Key Vendors Production Value List
Figure 2024-2029 Global 1,6-Hexanediol Production Value and Growth Rate
Table 2024-2029 Global 1,6-Hexanediol Key Vendors Production Value Share List
Table 2024-2029 Global 1,6-Hexanediol Demand List by Type
Table 2024-2029 Global 1,6-Hexanediol Demand Market Share List by Type
Table 2024-2029 1,6-Hexanediol Regional Price List
Table BASF Information
Table SWOT Analysis of BASF
Table 2019-2024 BASF 1,6-Hexanediol Product Capacity Production Price Cost Production Value
Figure 2019-2024 BASF 1,6-Hexanediol Capacity Production and Growth Rate
Figure 2019-2024 BASF 1,6-Hexanediol Market Share
Table Lanxess Information
Table SWOT Analysis of Lanxess
Table 2019-2024 Lanxess 1,6-Hexanediol Product Capacity Production Price Cost Production Value
Figure 2019-2024 Lanxess 1,6-Hexanediol Capacity Production and Growth Rate
Figure 2019-2024 Lanxess 1,6-Hexanediol Market Share
Table UBE Corporation Information
Table SWOT Analysis of UBE Corporation
Table 2019-2024 UBE Corporation 1,6-Hexanediol Product Capacity Production Price Cost Production Value
Figure 2019-2024 UBE Corporation 1,6-Hexanediol Capacity Production and Growth Rate
Figure 2019-2024 UBE Corporation 1,6-Hexanediol Market Share
Table Zhejiang Boadge Chemical Information
Table SWOT Analysis of Zhejiang Boadge Chemical
Table 2019-2024 Zhejiang Boadge Chemical 1,6-Hexanediol Product Capacity Production Price Cost Production Value
Figure 2019-2024 Zhejiang Boadge Chemical 1,6-Hexanediol Capacity Production and Growth Rate
Figure 2019-2024 Zhejiang Boadge Chemical 1,6-Hexanediol Market Share
Table Yuanli Information
Table SWOT Analysis of Yuanli
Table 2019-2024 Yuanli 1,6-Hexanediol Product Capacity Production Price Cost Production Value
Figure 2019-2024 Yuanli 1,6-Hexanediol Capacity Production and Growth Rate
Figure 2019-2024 Yuanli 1,6-Hexanediol Market Share

Companies Mentioned

  • BASF
  • Lanxess
  • UBE Corporation
  • Zhejiang Boadge Chemical
  • Yuanli

Methodology

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