8% Growth Rate for 1,6-Hexanediol Market by 2025 | Global Forecast, Trends, Opportunity and Industry Analysis

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A Fresh report titled “1,6-Hexanediol Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 176 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.

The 1,6-Hexanediol Market size is projected to grow from US$ 902 Million in 2019 to US$ 1,401 Million by 2025, at a CAGR of 8%, during the forecast period. This report spread across 176 Pages, Profiling 10 Companies and Supported with 62 Tables and 24 Figures is now available in this research.

The Demand for 1,6-hexanediol has improved in the recent years due to its increased consumption in the APAC region. In addition, the increasing use of 1,6-hexanediol in varied applications, such as coatings, PU, acrylates, and polyester resins, has further contributed to the growth of this market. The newer, high-growth applications of 1,6-hexanediol include alkyd resins, epoxy resins, thermoplastic polyurethane elastomers, PU dispersions, polycarbonate diols, and wood & coil coatings.

“APAC to record the highest growth rate during the forecast period.”
The APAC 1,6-hexanediolmarket is projected to register the highest CAGR during the forecast period, due to the rising demand for 1,6-hexanediol from Japan, India, China, and South Korea. China is expected to lead the demand for 1,6-hexanedioldue to the increase in the production of polyurethane and coatings due to increase in construction activities. The construction industry is expected to witness significant growth in the next five years, owing to huge investments in new infrastructure developments, new housing projects, and renovation/repaint of residential and commercial buildings in the US, China, India, and Brazil.

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Report Highlights:
• To analyze and forecast the 1,6-hexanediol market based on application

• To analyze and forecast the market size, with respect to five main regions (along with their respective key countries), namely, North America, Europe, APAC, the Middle East & Africa, and South America

• To define, describe, and forecast the global 1,6-hexanediol market, in terms of value and volume

• To provide information about the factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market

• To strategically analyze micro markets with respect to individual growth trends, prospects, and their contribution to the overall market

• To analyze competitive developments, for instance, investment & expansion, in the market

• To analyze opportunities in the market for stakeholders and provide details of a competitive landscape of the market leaders

• To strategically profile the key players in the market and comprehensively analyze their core competencies

Most Popular Companies profiled in the 1,6-Hexanediol Market include are BASF SE (Germany), Fushun Tianfu Chemicals Co., Ltd. (China), Lanxess Aktiengesellschaft (Germany), Linshui Nanming Chemical Co., Ltd (China), Perstorp AB (Sweden), Ube Industries, Ltd. (Japan), Shandong Yuanli Science and Technology Co., Ltd. (China), Zhengzhou Meiya Chemical Products Co.,Ltd (China), Hefei TNJ Chemical Industry Co.,Ltd. (China and Prasol Chemicals Pvt. Ltd (India).

Reason to purchase this report:
The Report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall 1,6-hexanediolmarket and the sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.

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This release was published on openPR.