In its database of market research reports, Kenneth Research has recently added a report on ‘Hexamethylene Diamine Market’ that focuses on the key strategies developed by the key players operating in the market, along the growth factors, opportunities and the challenges associated with the growth of the market for the projected period of 2021 2025. The report also provides a full assessment of the micro- and macro-environmental factors by utilizing tools such as PESTEL and Porter’s five forces analysis to analyze the market growth. Additionally, the report consists of the numerical data in terms of value and volume, and also includes detailed analysis on the impact of COVID-19 on the Hexamethylene Diamine Market during the forecast period.
The global hexamethylene diamine market was valued at USD 5.35billion in 2017 and is projected to reach USD 7.84billion by 2025, growing at a CAGR of 4.9% from 2017 to 2025.
Hexamethylene diamine is a diamine comprising of hexamethylene hydrocarbon chain and amine functional groups. The bi-functional nature of this compound has resulted in huge applications. However, it is majorly used in plastic manufacturing. The demand is expected to remain high over the forecast period owing to growing usage in the manufacture of epoxy resins.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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1. Market Drivers
1.1 Rising demand from Nylon 66 resin market
1.2 Increasing demand for polyamides
2. Market Restraints
2.1 Slow market penetration in emerging economies
2.2 Environmental issues in manufacturing
The global hexamethylene diamine market is segmented on the basis of application, end-use, and region.
1. By Application:
1.4 Curing Agents
1.5 Coating Intermediates
1.6 Nylon Synthesis
1.7 Water Treatment Chemical
2. By End-Use:
2.1 Paints & Coatings
2.1.3 Specialty Coatings
2.2.2 Industrial Clothing
2.2.3 Sewing Threads
2.5.1 Electrical & Electronics
3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa
The major players in the market are as follows:
1. Toray Industries
2. BASF SE
3. Merck KGaa
4. EI Du Pont De Nemours
9. Rennovia Inc.
10. Compass Chemical
11. Ascend Performance Materials
14. Suzhou Sibian Chemicals Co., Ltd.
15. Chengdu Dacheng Chemical Co., Ltd.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the hexamethylenediaminemarket was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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