1,2-Hexanediol Market Size, Share, Trends, and Forecast: 2024-2031 - BASF SE, Solvay, Celanese Corporation.

Global 1,2-Hexanediol Market reached US$ 102.5 million in 2023 and is expected to reach US$ 157.3 million by 2031, growing with a CAGR of 5.5% during the forecast period 2024-2031.

1,2-Hexanediol Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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1,2-Hexanediol is a multifunctional glycol widely used in cosmetics, personal care products, and industrial applications. It functions as a humectant, solvent, and antimicrobial agent, improving product stability and texture. This compound is commonly found in skincare formulations, hair care products, and preservatives for cosmetics. Due to its low toxicity and skin-friendly properties, 1,2-hexanediol is a preferred ingredient in many dermatological applications. The increasing demand for high-performance cosmetic ingredients has contributed to the growth of its market.

List of the Key Players in the 1,2-Hexanediol Market:

BASF SE, Solvay, Celanese Corporation, Eastman Chemical Company, Hefei TNJ Chemical Industry Co.,Ltd., CHUNGDO FINE CHEMICAL CO LTD, Sabinsa Corporation, Kowa Europe, Knowde and Saiper Chemicals Pvt Ltd.

Industry Development:

In November 2022, Symrise expanded its product line with Hydrolite 6 Green, a 6-carbon 1,2-alkanediol.This product is marketed as the first green 1,2-hexanediol in the cosmetics industry.

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Growth Forecast Projected:

The Global 1,2-Hexanediol Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global 1,2-Hexanediol Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the 1,2-Hexanediol Market:

By Type: Pharmaceutical Grade, Chemical Grade, Others

By Source: Bio-based 1,2-Hexanediol, Petrochemical-based 1,2-Hexanediol

By End-User: Cosmetic & Personal Care, Inks & Coatings, Medicine, Adhesives, Others

Regional Analysis for 1,2-Hexanediol Market:

The regional analysis of the 1,2-Hexanediol Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the 1,2-Hexanediol market?

➠ Who are the leading manufacturers in the global 1,2-Hexanediol industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global 1,2-Hexanediol industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the 1,2-Hexanediol market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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