Press release
Global Cyclohexane Dimethanol (CHDM) Market Expected to Witness a Sustainable Growth over 2023
Cyclohexane dimethanol (CHDM) is an organic compound with formula C6H10 (CH2OH)2. It is a reactive diol having a cycloaliphatic structure containing two primary hydroxyl sites. Commercial samples consist of a mixture of cis and trans isomers, as seen for other disubstituted derivatives of cyclohexane. It is commonly used to make saturated and unsaturated polyester resins.
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Global Cyclohexane Dimethanol (CHDM) Market: Forecast by Type / Application / Region
Global market demand is more than supply, as there are mainly four suppliers, and their capacity is also not easy to expand at a fast rate. USA is the largest regional market for cyclohexane dimethanol (CHDM), with production exceeding 125 K MT in 2015.
In application, CHDM downstream is wide and recently CHDM has acquired increasing significance in various fields of polyester materials and others. Globally, the CHDM market is mainly driven by growing demand for polyester materials which accounts for nearly 92.48% of total downstream consumption of CHDM in global in 2015.
Over the next five years, LPI(LP Information) projects that Cyclohexane Dimethanol (CHDM) will register a 4.8% CAGR in terms of revenue, reach US$ 1350 million by 2023, from US$ 1070 million in 2017.
Global Cyclohexane Dimethanol (CHDM) Market: Key Players
Eastman
SK NJC
Kangheng Chemical
Feixiang Group
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Related Information:
United States Cyclohexane Dimethanol (CHDM) Market Research Report 2018
Europe Cyclohexane Dimethanol (CHDM) Market Research Report 2018
North America Cyclohexane Dimethanol (CHDM) Market Research Report 2018
Asia-Pacific Cyclohexane Dimethanol (CHDM) Market Research Report 2018
China Cyclohexane Dimethanol (CHDM) Market Research Report 2018
EMEA Cyclohexane Dimethanol (CHDM) Market Research Report 2018
Global Cyclohexane Dimethanol (CHDM) Market Research Report 2018
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