Cyclohexane Dimethanol (CHDM) Market Expected to Witness Steady Growth with a Forecast CAGR of 5.7% by 2030

Cyclohexane Dimethanol (CHDM) Market Overview -

According to QYResearch New Study Report ' The global Cyclohexane Dimethanol (CHDM) market is projected to grow from US$ 613 million in 2024 to US$ 853 million by 2030, at a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period.' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular difficulty. The correct methodology and staff will be matched to the company need through marketing reports, which may involve survey work, in-depth interviews, or a combination of methodologies. also qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global Cyclohexane Dimethanol (CHDM) market. We have also focused on SWOT, PESTLE, and Porter's Five Forces analyses of the global Cyclohexane Dimethanol (CHDM) market.

Download Full PDF Sample Copy @ https://www.qyresearch.com/sample/3323917

As a white waxy solid, CHDM is an important organic chemical raw material. Its molecular formula is C8H16O2 and its molecular weight is 144.21. CHDM has two isomers, namely, cis and trans. The trans proportion structure is relatively symmetric, the lattice structure is regular, the lattice energy is high, the melting point is high, and the heat resistance of the product is good. When it is used in the production of pet products such as PETG, the higher the trans proportion is, the higher the heat resistance of the pet will be. In industrial production, 1,4-cyclohexanedimethanol uses dimethyl terephthalate (DMT) as raw material, and the benzene ring is hydrogenated to produce dimethyl 1,4-cyclohexanedicarboxylate (DMCD), and DMCD is further hydrogenated to produce CHDM.

As the core raw material for the production of high-end polyester, the production technology of 1,4-cyclohexanedimethanol has long been mastered by companies in the United States, South Korea and other countries, including Eastman Company of the United States and SK Chemical of South Korea. The synthesis of 1,4-cyclohexanedimethanol is difficult. Due to the limitations of technology and raw materials, there are currently few companies in my country that have truly achieved large-scale production of 1,4-cyclohexanedimethanol, and market demand still relies on imports. Enterprises and scientific research institutions in my country that are engaged in the research and production of 1,4-cyclohexanedimethanol include Kellin Chemicals, Kangheng Chemical, etc.

1,4-cyclohexanedimethanol has the advantages of wear resistance, transparency, corrosion resistance, impact resistance, etc. It is an important material for the production of polyester in industry. It is currently mainly used to produce new polyesters such as PCT, PETG, and PCTG. At present, PCT, PCTG, and PETG are widely used in food packaging. The development of 1,4-cyclohexanedimethanol will effectively improve the national food safety problem. 1,4-cyclohexanedimethanol is also used in powder coatings. With the development of the home appliance and furniture markets, people's demand for environmentally friendly high-performance coatings is also increasing. Therefore, the demand for 1,4-cyclohexanedimethanol is constantly increasing. North America is the world's largest market, accounting for about 44% of the market share, followed by Europe and Asia Pacific, accounting for 15% and 37% respectively.

Market The Driving Factors:-

Growing customer demand for the product, effective marketing strategies in new states, and significant investments in product development are some of the major reasons that are driving the Cyclohexane Dimethanol (CHDM) industry. One of the biggest problems the Cyclohexane Dimethanol (CHDM) industry is facing is easy access to rivals. The inexpensive cost of alternatives is another barrier to the Cyclohexane Dimethanol (CHDM) market. Companies believe they can overcome this obstacle, though, by keeping pricing in check and expanding the market for their goods through the introduction of chemicals, specialized chemicals, polymers, metals, ceramics, composites, and new materials. Furthermore, market participants need to overcome significant obstacles in order to reduce risks, adjust their plans, and carry on with business as usual. As a result, businesses will have the ability to deploy their resources efficiently without sacrificing timely market supply or product quality.

Global Cyclohexane Dimethanol (CHDM) Market Trends:-

Cyclohexane Dimethanol (CHDM) The pre- and post-period regulatory situation plays an important role in shaping market dynamics. As governments introduce and refine regulations governing the production, distribution, and sale of Cyclohexane Dimethanol (CHDM) products, businesses must navigate complex compliance requirements to ensure lawful operations. Regulatory clarity and consistency are key factors that positively impact markets, providing certainty for businesses and giving people confidence in product safety and quality standards. Additionally, regulatory developments such as the approval of Cyclohexane Dimethanol (CHDM) chemical and material products and the establishment Cyclohexane Dimethanol (CHDM) of cultivation programs are opening up new opportunities for market expansion while setting standards for best practices in the industry.

Detailed of Cyclohexane Dimethanol (CHDM) Market Segmentation: -

Segmentation By Type :-

Cis/Trans Ratio: 35:65
Cis/Trans Ratio: 50:50
Others

Segmentation By Application : -

Polyester Materials
Coating Materials

Who are the World's Largest Manufacturers of Cyclohexane Dimethanol (CHDM)?

Eastman
SK Chemicals
Kangheng Chemical
Kellin Chemicals

Request for Pre-Order Enquiry On This Report @ https://www.qyresearch.com/customize/3323917

Regional Insights and Growth Opportunities :-

The Cyclohexane Dimethanol (CHDM) Market is witnessing dynamic growth globally, but the market expansion is not uniform across regions. Our comprehensive report breaks down the Cyclohexane Dimethanol (CHDM) market performance into key regions, providing detailed insights and growth forecasts for each area.

Key Regions Covered in the Report:
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Highlights the following key factors:

Business description - An in-depth description of the businesses and the divisions of the company.

Corporate strategy - Business strategy of the company as summarized by analysts.

SWOT Analysis - An in-depth analysis of the company's advantages, disadvantages, strengths, and threats.

Company history - progression of significant company-related events.

Major products and services - A list of the company's major products, services, and brands.

Key competitors - A list of the primary competitors of the company.

Important locations and subsidiaries - A list of the company's key locations and subsidiaries, along with contact details.

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of Cyclohexane Dimethanol (CHDM) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Sales, revenue of Cyclohexane Dimethanol (CHDM) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Sales, revenue of Cyclohexane Dimethanol (CHDM) in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

Contact Us:

QY Research, INC.
17890 Castleton, Suite 369,
Los Angeles, CA - 91748
USA: +1 626 539 9760
India: +91 8669986909
Emails - arshad@qyresearch.com/arshad@qyrinc.com

About Us:

QYResearch established as a research firm in 2007 and have since grown into a trusted brand amongst many industries. Over the years, we have consistently worked toward delivering high-quality customized solutions for wide range of clients ranging from ICT to healthcare industries. With over 50,000 satisfied clients, spread over 80 countries, we have sincerely strived to deliver the best analytics through exhaustive research methodologies.

This release was published on openPR.