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1,6-Hexanediol Market by Application, and Region - Global Forecasts to 2021

1: Global Forecasts until 2021

  • February 2017
  • 176 pages
  • ID: 4690346
In this report:
The consumption of ##,##-hexanediol in Brazil is estimated to be ##.## kilotons in 2016 and is projected to reach ##.## kilotons by 2021, at a CAGR of ##.##% during the forecast period.
The market size for ##,##-hexanediol in the acrylates segment was ##.## kilotons in 2015 and is expected to register a CAGR of ##.##% between 2016 and 2021 to reach ##.## kilotons by 2021.

Summary

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"The overall 1,6-Hexanediol market is estimated to rise at a compound annual growth rate of ~7.4 percent between 2016 and 2021"

The overall 1,6-Hexanediol market is forecasted to reach $1042.10M by 2021, at a compound annual growth rate of ~7.4 percent between 2016 and 2021. The sector demand for 1,6-Hexanediol has improved in recent years due to its increased consumption in the APAC region. Additionally, the growing use of 1,6-Hexanediol in varied applications, including coatings, PU, acrylates, and polyester resins, among others, has further contributed to the increase of this market. The newer, high-growth applications of 1,6-Hexanediol contain alkyd resins, epoxy resins, thermoplastic polyurethane elastomers, PU dispersions, polycarbonate diols, and wood & coil coatings. For example, there is a sharp increase in demand for polycarbonate diol-based polyurethanes that are increasingly favored as new high-performance materials for automotive interior and electronic materials applications.

"The polyurethanes application segment recorded for the biggest share of the overall 1,6-Hexanediol market"

The polyurethanes segment is the biggest application segment of the overall 1,6-Hexanediol market, in terms of value importance and quantity. A principal factor for rise of polyurethanes is the market demand for its sub-applications or derivatives, including thermoplastic polyurethanes elastomers, coatings, and foams, across different regions. The Asia-Pac area with the increasing demand for polyurethanes further propels the rise of the overall 1,6-Hexanediol market. Moreover, emerging countries in the Asia-Pac region, such as china (CN), Korea (KR/KP), India (IN), and Vietnam (VN) have witnessed a rise in polyurethane production. Therefore, growing demand for polyurethanes across varied industry verticals has contributed to the rise of the polyurethanes segment.

"The coatings application segment recorded for the second-largest share of the overall 1,6-Hexanediol market"

The construction industry is anticipated to witness significant increase in the upcoming five years, owing to huge investments in new infrastructure developments, new housing projects, and renovation/repaint of residential and commercial buildings in the U.S.A, China (CN), India (IN), and Brazil (BR). The industry demand for coatings in the Asia Pacific (APAC) area has increased significantly, and this forecast is expected to progress in the upcoming future. The coatings sector is moving towards consolidation as top coating actors are acquiring other local and foreign actors. Carlyle Group acquired DuPont to form Axalta, the decorative coatings business of Sherwin Williams being acquired by Berger Paints, and PPG's acquisition of AkzoNobel are examples of significant acquisitions that took place in the overall 1,6-Hexanediol market.

Breakup of primary interviews:

- By Company Type - Tier 1 - 58.0 percent, Tier 2 - 33.0 percent, and 1/3 3 - 9.0 percent

- By Designation - C-level - 50.0 percent, D-level - 33.0 percent, and Others - 17.0 percent

- By area - North america (NA) - 33.0 percent, Europe - 30.0 percent, Asia-Pacific - 16.0 percent, South America -14.0 percent, and Middle East & Africa - 7.0 percent

Key firms decribed in this business report contain BASF SE, Fushun Tianfu Chemicals Co., Limited, Lanxess Aktiengesellschaft, Lishui Nanming, Perstorp AB, Ube Sectors, Incorporated,, and Shandong Yuanli Science and Technology Co., Limited.

Segment Research

This industry report includes a in-depth segmentation of the overall 1,6-Hexanediol market established on application and area. With respect to application, the industry has been divided into polyurethanes, coatings, acrylates, adhesives, polyester resins, and plasticizers. On the basis of area, the sector has been broken down into Europe, Asia Pacific (APAC), North America continent, South America region, and Middle East (ME) & African continent.

Why acquiring this study can help you

From an insight prospect, this market research has emphasized several levels of analyses - industry, market share review of top 1,6-Hexanediol actors, value chain study, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape; coming out and the high-development segments of the overall 1,6-Hexanediol market; high-growth areas; and sector drivers, market restraints, and alternatives.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on 1,6-Hexanediol provided by key players in the overall 1,6-Hexanediol market

- Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the overall 1,6-Hexanediol market

- Industry development: Highlighted information about profitable emerging sectors - the market research examines the industries for 1,6-Hexanediol across different regions

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall 1,6-Hexanediol market

- Opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of key players in the overall 1,6-Hexanediol market

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