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Global 1,4-Cyclohexanedicarboxylic Acid Market to Witness a Pronounce Growth During 2024– Top Key players like Eastman,SK Chemicals,Nikko Rica,Inc.
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1,4-Cyclohexanedicarboxylic acid (1,4-CHDA) has cyclohexane based structure. CHDA has better weatherability, higher impact strength, and faster stress relaxation.
Terephthalic acid (TPA) and dimethyl terephthalate (DMT) are consumed primarily to produce linear, saturated polyester resins, fibers, and films by reaction with glycols. CHDM is produced by catalytic hydrogenation of dimethyl terephthalate (DMT). The reaction conducted in two steps beginning with the conversion of DMT to the diester dimethyl 1,4-cyclohexanedicarboxylate (DMCD). In the second step DMCD is further hydrogenated to CHDM.
Since Eastman invented CHDM, the DMT synthesis process has been the mainstream CHDM synthesis process. Both Eastman and SK Chemicals' early CHDM production lines used DMT synthesis. In 1990s, Eastman developed the PTA hydrogenation synthesis CHDM process. Since the production cost of PTA is lower than DMT, which makes manufacturers more willing to choose lower cost PTA as raw material. After 2000s, both Eastman and SK Chemicals' new CHDM production lines use the PTA hydrogenation synthesis process. CHDA is an intermediate in the PTA hydrogenation synthesis process and CHDA is considered to be the core intermediate of CHDM.
The global 1,4-Cyclohexanedicarboxylic Acid market is valued at 361.4 million US$ in 2018 is expected to reach 428.7 million US$ by the end of 2025, growing at a CAGR of 2.5% during 2019-2025.
Market Segment by Manufacturers, this report covers
Eastman
SK Chemicals
Nikko Rica
Kellin Chemicals
Global Other
Market Segment by Type, covers
Industrial Grade
Pharmaceutical Grade
Market Segment by Applications, can be divided into
CHDM
Coatings
Polyester Resin
Others
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Related Information:
North America 1,4-Cyclohexanedicarboxylic Acid Market Growth 2019-2024
United States 1,4-Cyclohexanedicarboxylic Acid Market Growth 2019-2024
Asia-Pacific 1,4-Cyclohexanedicarboxylic Acid Market Growth 2019-2024
Europe 1,4-Cyclohexanedicarboxylic Acid Market Growth 2019-2024
EMEA 1,4-Cyclohexanedicarboxylic Acid Market Growth 2019-2024
Global 1,4-Cyclohexanedicarboxylic Acid Market Growth 2019-2024
China 1,4-Cyclohexanedicarboxylic Acid Market Growth 2019-2024
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