Hexanediol Market Forecast to 2022 - Scalar Market Research
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Hexanediols or 1, 6 Hexanediols is hygroscopic colorless crystalline solid, industrially produced by the hydrogenation of Adipic acid. It contains hydroxyl group which undergoes in dehydration, substitution and esterification in the chemical process. Multi characteristic nature of 1, 6 Hexanediols makes it an ideal material in coatings, polyurethanes, acrylates, and polyester resins etc. and consumed in a wide range of industrial verticals. It is biodegradable and has low negative impact on the environment. New technological advancement and demand to use bio-based raw material is going to influence the growth in future.
The report on the global hexanediol market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.
KEY PREMIUM INDUSTRY INSIGHTS:
The key reasons driving the growth of the Hexanediol market includes increasing demand from polyurethane, acrylic and coating application and rising demand from Asia-Pacific region.
Growing automotive market in Asia-Pacific region is one of the key growth opportunity drivers for this market.
However, factors like volatile raw material price, availability of product substitution may restrict the growth of the Hexanediol market.
The research methodology for Scalar Market Research’s hexanediol market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.
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