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Hexamethylene Diisocyanate - Market: Size, Share, Growth, Analysis, Key Players, Revenue, | Valuates Reports
Hexamethylene Diisocyanate - Market SizeThe global market for Hexamethylene Diisocyanate was estimated to be worth US$ 2149.6 million in 2023 and is forecast to a readjusted size of US$ 3494 million by 2030 with a CAGR of 7.1% during the forecast period 2024-2030
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Hexamethylene Diisocyanate - Market
Hexamethylene diisocyanate (HDI) is an organic compound in the class known as isocyanates. More specifically, it is an aliphatic diisocyanate. Aliphatic diisocyanates are used in special applications, such as enamel coatings which are resistant to abrasion and degradation from ultraviolet light. These properties are particularly desirable in, for instance, the exterior paint applied to aircraft and vessels.
Hexamethylene diisocyanate is widely used in automotive paint and adhesive industry. The most proportion of hexamethylene diisocyanate is automotive paint and with 66% market share. The trend of automotive paint is increasing.
Asia Pacific is the largest consumption region of hexamethylene diisocyanate, with a consumption value market share nearly 49%. Europe is the second largest consumption region of hexamethylene diisocyanate, enjoying consumption value market share nearly 27%.
The market is much focused. Covestro, Vencorex and Tosoh are the leaders of the industry, with about 71% market shares.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Hexamethylene Diisocyanate, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Hexamethylene Diisocyanate by region & country, by Purity, and by Application.
The Hexamethylene Diisocyanate market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hexamethylene Diisocyanate.
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Segment by Purity:
• 0.999
• 0.995
• Others
Segment by Application
• Coating
• Adhesive
• Others
By Company
Covestro, Vencorex, Tosoh, WANHUA, Asahi Kasei Corporation, BASF SE
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