Global 1,6-Hexanediol Market 2021 to 2027 Qualitative and Quantitative Assessment by Industry Analysis across the Value Chain
The 1,6-hexanediol is a natural compound and it is a dull water-dissolvable strong. It is a reasonable substance and is monetarily accessible for the reception of different modern use. It is taken on for the assembling of modern polyester and polyurethane. Also, it has low poisonousness and low combustibility, which is for the most part considered as protected. It is additionally used to work on the hardness and adaptability of polyesters.
The development of the 1,6-hexanediol market is basically determined by the expansion in the utilization of 1,6-Hexanediol in polyurethanes across arising countries and an increment in the innovative work from driving players. Additionally, the expansion in progression in innovations and improvement of bio-based unrefined substances are relied upon to set out open doors for the producers in the worldwide market over the conjecture time frame.
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ChemIntel360’s global 1,6-Hexanediol Market study is a 160+ slide report containing in-depth analysis on historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from a global, regional, and applications perspective. The industry is expected to grow at a CAGR of 8.9% during the forecast period mainly due to growing demand of 1,6-Hexanediol as a base materials for polyurethane related products such as polyurethane sealants, coatings and elastomers.
Scope
This study contains global and regional market size data - value and volume. The numbers are broken down by application (Polyurethane, Coatings, Acrylates, Adhesives, Polyester Resins, Plasticizers, and Others).The historical period runs through 2015-2020 and the forecasted period from 2021-2026.
Market Overview
The global 1,6-Hexanediol market, which grew from US$X.X billion in 2015 to US$X.X billion in 2019, dropped marginally to US$0.87 billion in 2020, due to the ongoing COVID-19 pandemic. Spending is expected to recover in 2021 to value US$X.X billion and increase to US$X.X billion in 2026 at a CAGR of X.X%. Cumulatively the market is expected to value US$X.X billion during the forecast period as compared to US$X.X billion during the historical period.
The development of polyurethanes is credited to the appeal for paint and coatings, elastomers, froths. 1,6-hexanediol is utilized as a chain extender in the polyurethane's application portion. It changes over the polyurethane into an adjusted polyurethane with significantly high erosion opposition.
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Key Companies
The major manufactures in the global 1,6-hexanediol market are BASF SE, Prasol Chemicals Pvt. Ltd., Fushun Tianfu Chemicals Co., Ltd., Perstorp AB, Linshui Nanming Chemical Co., Ltd., Ube Industries, Ltd., Shandong Yuanli Science and Technology Co., Ltd, Zhengzhou Meiya Chemical Products Co., Ltd, Lanxess Aktiengesellschaft, and Hefei TNJ Chemical Industry Co., Ltd. among others.
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