Hexamethylenediamine Market is Surge to Witness Huge Demand at a CAGR of 4.55% during the forecast period 2028

Hexamethylenediamine Market is Surging to Witness Huge Demand at a CAGR of 4.55% during the forecast period 2028

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Global Hexamethylenediamine Market - Industry Trends and Forecast to 2028
Chemical and MaterialsUpcoming ReportMay 2021Global350 PagesNo of Tables: 60No of Figures: 220
REPORT DESCRIPTION
TABLE OF CONTENT
LIST OF TABLE
LIST OF FIGURE
Global Hexamethylenediamine Market By Application (Nylon Synthesis, Curing Agents, Water Treatment Chemicals, Chemical Synthesis, Medical Applications, Adhesives, and Others), End User (Automotive, Textile, Paints and Coatings, Petrochemical, and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

Hexamethylenediamine Market
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Market Analysis and Insights of Hexamethylenediamine Market
Data Bridge Market Research analyses that the hexamethylenediamine market will witness a CAGR of 4.55% for the forecast period of 2021-2028. Rising demand for hexamethylenediamine by nylon 66 resin industries globally, rising industrialization and increasing demand for polyamides from the 3D printing are the major factors attributable to the growth of the hexamethylenediamine market.

Having a chemical formula H2N (CH2)6NH2, hexamethylenediamine is an organic compound, colourless in nature and having a strong amine odour. Having a wide range of application, hexamethylenediamine is synthesized from adiponitrile. More than 90% of the produced hexamethylenediamine is used in the manufacturing of nylon 66 along with adipic acid. Apart from that, hexamethylenediamine is used for the production of nylon 69, nylon 610, and nylon 612. More than 1 billion kilograms of hexamethylenediamine are manufactured annually.

Increasing demand and consumption of nylon products as a catalyst is the root cause fuelling up the hexamethylenediamine market growth rate. Growth and expansion of automobile industry and other end user verticals is another factor responsible for propelling growth in the hexamethylenediamine market value. Upsurge in the automobile production that incorporates the use of nylon will further create lucrative growth opportunities for the hexamethylenediamine market. Rising demand for cyclohexane by oil and gas industry will further accelerate the cyclohexane market growth rate. Rising industrialization coupled with low cost of production of cyclohexane will also directly and positively impact the growth rate of cyclohexane market. Rise in the demand for bio based nylon resins will further propel growth in the demand for hexamethylenediamine.
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