1,6 Hexanediol Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2022

Market Highlights
1, 6 Hexanediol Market has witnessed high growth along with its end use markets such as polyurethane, coatings and acrylates among others over the last few years. The compound has made significant progress with the end use industries which is helped by the fact that 1, 6 hexanediol can be customized in order to suit the standards and safety requirements of the end use product. 1, 6 hexanediol is basically a colorless crystalline solid with high affinity towards water.
The advancements of technologies, and development of bio based raw materials are expected to influence the growth of the 1,6 hexanediol market for the forecasted period. However, there are a few restraints to the 1,6 hexanediol market. 1,6 hexanediol is highly hygroscopic in nature and measures need to be taken in order to minimize its interaction with air or moisture. Temperature of the product should be maintained between 55°C and 70°C at all times to optimize its utility. It causes eye irritation and diffuse opacity of cornea upon contact with eyes. Vapors or dust of 1,6 hexanediol also causes respiratory tract irritation. Proper protective garments should be worn by people handing the substance so as to minimize skin contact. In-addition, Storage and transportation is a major challenge for this chemically active substance.

Global 1,6 Hexanediol Market is expected to grow with the CAGR 8.22 % of more than from 2016 to 2022, and with this it is predictable to cross USD 1,500 Million by 2022

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Key Players
The key players in market includes
• BASF SE,
• Ube Industries,
• Perstop AB,
• Lishui Nanming,
• Shandong Yuanli Science and Technology Co.,
• Fushun Tianfu Chemicals Co., Ltd.,
• Lanxess, Ltd. and others.

Segment insights
The market for 1, 6 hexanediol has been segmented into application such as polyurethane, paints & coatings, acrylics, adhesive, polyester resins, unsaturated, and plasticizers. 1, 6 Hexanediol market is segmented into by application: polyurethane, paints & coatings, acrylics, adhesive, polyester resins, and unsaturated, plasticizers. 1, 6 Hexanediol is used in polyurethane, polyurethane had the largest market share in 2016 owing to rising energy conversation importance due to increasing cost along with shift in preference towards high efficiency and low GHG material. Paints & Coatings are the second largest segment in 2016, the market is anticipated to touch down in millions for the forecasted period.

Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global 1,6 Hexanediol Market Research Report- Forecast to 2022”

Regional analysis:
Asia-Pacific and Europe created huge global demand for 1,6 Hexanediol. APAC is one of the growing region due to its economies, cheap labor cost in APAC and economical material used for production process. Moreover, Asia Pacific is projected to be the fastest growing market mainly due to fertilizers, pharmaceuticals, refrigerants, household, food and others applications. While, Middle East & Africa regions are at the emerging stage in the 1,6 Hexanediol market.

Geographically, North-America is expected to be the largest market for 1,6 Hexanediol accounting more than one third of the total market. North-America is most prominent market and its market share has accounted for second largest share in 2015, North America has been growing at faster pace due to rising manufacturing industries and demand for refractories will aid in rise in growth of 1,6 Hexanediol market. U.S has accounted for the largest share in 2016.

Scope of the study
The scope of the study categorizes the 1,6 Hexanediols market as application.
By Application
• Polyurethane
• Acrylics
• Adhesive
• Paints & Coatings
• Polyester Resins
• Plasticizers

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