Hexamethylenediamine Market: A Deep Dive into Competitive Analysis
Hexamethylenediamine (HMDA) is a chemical compound used in the production of resins. It is a key component in manufacturing unmodified resins, #watertreatment resins, resins for #paper production, and #adhesive resins. HMDA is crucial in the production of nylon 66, a popular thermoplastic, and is also used in water purification, paper sizing, and adhesive formulation. Its versatility makes it an essential ingredient in various industries. The global hexamethylenediamine market size is projected to grow from USD 8.9 billion in 2022 to USD 11.6 billion by 2027, at a CAGR of 5.4% from 2022 to 2027. With the rise of nylon as a major substitute for a variety of applications, particularly in the automotive industry, where nylon has replaced metals in many applications, the hexamethylenediamine market is expected to expand rapidly.
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Browse 286 market data Tables and 33 Figures spread through 151 Pages and in-depth TOC on "Hexamethylenediamine Market by Application (Nylon Synthesis, Curing Agents, Lubricants, Biocides, Coatings Intermediate, Adhesives), End-Use Industry (Automotive, Textile, Paints & Coatings, Petrochemical) and Region - Global Forecast to 2027"
A few of the key players in the hexamethylenediamine market are BASF SE (Germany), Merck KGaA (Germany), Toray Industries, Inc. (Japan), Evonik (Germany), and DuPont de Nemours (Deutschland) GmbH(US) among others.
BASF SE has 11 divisions and operates under business segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, #Nutrition & Care, and #Agricultural Solutions. The major end-use markets for the company’s products and services are automotive & transportation, chemicals, electrical & electronics, construction, energy & resources, #pharmaceuticals, papers coating & carpet, and packaging & prints, among others. The company has a presence in Europe, Asia Pacific, North America, Central America, South America, and the Middle East & Africa. It has a presence in 90 countries globally. It has six Verbund sites and 232 additional production sites around the world.
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Automotive segment is estimated to be the fastest-growing market
Automotive is the biggest end-use industry segment for hexamethylenediamine. Hexamethylenediamine is majorly used in the synthesis of nylon 6-6, widely used in the automotive end-use industry for making various products and components such as connectors & housing, under-the-hood components, wheel well, and lighting components, including headlamp structural housings, headlamp & fog lamp, and reflectors & lighting sockets.
The automobile industry prefers nylon-based plastic products & components, which are lightweight and high-performance materials. Hence, the growth of the automotive industry across regions is expected to drive demand for nylon-based products & components, which is expected to further drive the hexamethylenediamine market.
North America is the largest and fastest market for hexamethylenediamine
#northamerica is expected to hold the largest share of the global hexamethylenediamine market in 2021. The United States and Mexico dominate the regional hexamethylenediamine market. The North American hexamethylenediamine market is expanding as a result of the regions expanding automotive industry. During the forecast period, the Asia-Pacific hexamethylenediamine market is expected to grow at the fastest CAGR.
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 17)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
FIGURE 1 HEXAMETHYLENEDIAMINE MARKET SEGMENTATION
1.3.1 REGIONS COVERED
1.4 YEARS CONSIDERED
1.5 CURRENCY
1.6 UNIT CONSIDERED
1.7 LIMITATIONS
1.8 STAKEHOLDERS
2 RESEARCH METHODOLOGY (Page No. - 20)
2.1 RESEARCH DATA
FIGURE 2 HEXAMETHYLENEDIAMINE MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
FIGURE 3 LIST OF STAKEHOLDERS INVOLVED AND BREAKDOWN OF PRIMARY INTERVIEWS
2.2 MARKET SIZE ESTIMATION
FIGURE 4 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
FIGURE 5 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
FIGURE 6 HEXAMETHYLENEDIAMINE MARKET: DATA TRIANGULATION
2.4 ASSUMPTIONS
2.5 LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 26)
FIGURE 7 NYLON SYNTHESIS APPLICATION TO LEAD MARKET DURING FORECAST PERIOD
FIGURE 8 AUTOMOTIVE SEGMENT TO BE LEADING END-USE INDUSTRY OF HEXAMETHYLENEDIAMINE DURING FORECAST PERIOD
FIGURE 9 NORTH AMERICA LED HEXAMETHYLENEDIAMINE MARKET IN 2021
Continued...
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