Hexamethylenediamine Market - Forecast(2023 - 2028)
Global Hexamethylenediamine Market: Overview
Hexamethylenediamine market will witness high demand with applications in plastics, textiles, automotive, petrochemicals, and paints & coatings. Hexamethylenediamine (HMDA) is a crucial material that are used for manufacturing nylon 6, 6. As per the report released by American Chemistry Society (ACS), nylon 6, 6 market value is $3 billion in 2018 and market value is estimated to double by 2026. Owing to the fact that nylon demand will accelerate growth prospects of HMDA, the hexamethylenediamine market size is $5545 million in 2018 and it is estimated to grow with compound annual growth rate (CAGR) of 4.86% during the forecast period of 2019-2025.
APAC is the leading region to hold the major market share. Owing to high consumption of nylon along with growing automotive and textile industry is enhancing the market structure in the region. The growth is supported by the investments, technology advancements and expansion by various end user industries. China, India, Taiwan, and South Korea are the major consumers of hexamethylenediamine market. The region is accounted with the market share of 47% in 2018 and it will emerge in the near future.
Global Hexamethylenediamine Market: Outlook
Hexamethylenediamine is a low melting solid, colorless organic compound that are used in various commercial and industrial sector. It is used as the curing agent, chemical intermediate and corrosion inhibitor. Sulfated ethoxylated hexamethylenediamine quaternized is a compound used in as an ingredient in fabric detergents. It is corrosive compound that can severely impact the eyes, skin, may damage liver and kidneys if consumed. Workers are advised to wear protective work clothing to prevent from hexamethylenediamine hazards.
Automotive is the leading application in the hexamethylenediamine market. Increasing focus to reduce the vehicle weight in order to reduce the fuel efficiency and lower emission is leveraging the production of lightweight vehicles and heavy duty commercial vehicles worldwide. The production growth will also enhance the demand for HMDA lubricants and nylon vehicles tire in the market. The automotive sector in hexamethylenediamine market is estimated to grow with a CAGR of 4.11% through to 2025.
Global Hexamethylenediamine Market: Drivers
· The growing stringent laws to reduce the emission rate is demanding for low weight vehicles. The replacement of metal with HMDA in the automotive industry is driving the hexamethylenediamine market.
· Due to its properties such as durability, high temperature resistance, and flexibility in design is positively impacting the production of nylon from aerospace industry. The utilization of nylon is boosting the HMDA market.
· Based on the end user segmentation, hexamethylenediamine is used in paint and coatings industries for curing agents and coating intermediates. The nascent share of paints and coatings industry will drive the HMDA market.
· Growing usage of HMDA in water treatment process will add the revenue in the HMDA market.
· Textile industry holds the significant share in HMDA market with its usage for manufacturing carpets and other apparels.
Global Hexamethylenediamine Market: Trends
· The rising use of hexamethylenediamine in the petrochemical industry to manufacture polyamides will grow the business. Polyamides are used in 3D printing and the emerging trend of 3D printing shall enhance the consumption of it which will influence the HMDA market.
· One of the leading player Asahi Kasei, on January 2018, decided to expand the capacity for Leona nylon 66 filament is the major step to gain the high revenue. The increasing demand for airbag in the automotive sector attributed with the high rate of installations will help to boost the company as the demand continues to grow.
· On February 2019, Invista and the Shanghai Chemical Industry signed a memorandum to build a 400, 00 ton adiponitrile (ADN) plant with investment of around $1 billion. ADN is the crucial ingredient in production of Nylon 6, 6. The company is estimated to gain the high profit with the investments in the ADN plant.
Global Hexamethylenediamine Market: Challenges
The hexamethylenediamine is highly corrosive chemical and a hazardous substance which can affect breathe, and can damage liver, kidneys and lungs. The regulations governing the manufacturing of products from HMDA and emerging need to research and develop better substitutes is challenge in the HMDA market. The growing focus of companies towards bio based production technology for manufacturing hexamethylenediamine and nylon 66 is spurring the HMDA market.
Global Hexamethylenediamine Market: Key Players Prespective
Some of the major players in the hexamethylenediamine market are Oray Industries, Inc., BASF SE, Solvay Group, Asahi Kasei Corporation, Ashland Global Holdings Inc, DowDupont Inc., Evonik AG, East Chemical Company, Rennovia, Invista, and Genomatica.
Global Hexamethylenediamine Market Research Scope:
The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the hexamethylenediamine Market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of hexamethylenediamine market, and its segmentation on the basis of application that includes nylon synthesis, curing agents, lubricants, biocides, coatings intermediate, adhesives, and water treatment chemical.
1.1 Definitions and Scope
2. Hexamethylenediamine Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Hexamethylenediamine Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Hexamethylenediamine Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Hexamethylenediamine Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Hexamethylenediamine Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Hexamethylenediamine Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Hexamethylenediamine Market - By Application (Market Size -$Million / $Billion)
8.1 Nylon Synthesis
9.1 Hexamethylenediamine Market By End-Use Industry
9.1.1 Automotive
9.1.1.1 Powertrain
9.1.2 Textile
9.1.2.1 Apparels
9.1.2.2 Industrial Clothing
9.1.2.3 Sewing Threads
9.1.3 Paints & Coatings
9.1.3.1 Industrial
9.1.3.2 Architectural
9.1.3.3 Specialty Coatings
9.1.4 Petrochemicals
9.1.5 Others
9.1.5.1 Electrical & Electronics
9.1.5.2 Aerospace
9.1.5.3 Adhesives
9.1.5.4 Lubricants
10. Hexamethylenediamine- By Geography (Market Size -$Million / $Billion)
10.1 Hexamethylenediamine Market - North America Segment Research
10.2 North America Market Research (Million / $Billion)
10.2.1 U.S
10.2.2 Canada
10.2.3 Mexico
10.3 Hexamethylenediamine- South America Segment Research
10.4 South America Market Research (Market Size -$Million / $Billion)
10.4.1 Brazil
10.4.2 Argentina
10.4.3 Colombia
10.4.4 Rest of South America
10.5 Hexamethylenediamine- Europe Segment Research
10.6 Europe Market Research (Market Size -$Million / $Billion)
10.6.1 U.K
10.6.2 Germany
10.6.3 Italy
10.6.4 France
10.6.5 Rest of Europe
10.7 Hexamethylenediamine - APAC Segment Research
10.8 APAC Market Research (Market Size -$Million / $Billion)
10.8.1 China
10.8.2 Japan
10.8.3 South Korea
10.8.4 India
10.8.5 Rest of APAC
10.9 Hexamethylenediamine - Middle East Segment and Africa Segment Research
10.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
10.10.1 Middle East Segment Analysis
10.10.1.2 UAE
10.10.2 Africa Segment Analysis
10.10.2.1 South Africa
10.10.2.2 Rest of Middle East & Africa
11. Hexamethylenediamine Market - Entropy
11.1 New product launches
11.2 M&A s, collaborations, JVs and partnerships
12. Hexamethylenediamine Market - Industry / Segment Competition landscape Premium
12.1 Market Share Analysis
12.1.1 Market Share by Country- Top companies
12.1.2 Market Share by Region- Top 10 companies
12.1.3 Market Share by type of Application - Top 10 companies
12.1.4 Market Share by type of Product / Product category- Top 10 companies
12.1.5 Market Share at a global level - Top 10 companies
12.1.6 Best Practises for companies
13. Hexamethylenediamine Market - Key Company List by Country Premium
14. Hexamethylenediamine Market Company Analysis
14.1 Market Share, Company Revenue, Products, M&A, Developments
14.2 Asahi Kasei Corporation
14.3 Ascend Performance Materials
14.4 BASF SE
14.5 Compass Chemical
14.6 E. I. Du Pont De Nemours
14.7 Evonik Industries AG
14.8 Invista
14.9 Merck KGaA
14.11 Other Leading Players
14.11.1 Aladdin Industrial Corporation
14.11.2 Alfa Aesar
14.11.3 Genomatica
14.11.4 Lanxess
14.11.5 Liaoyang Petrochemical Company
14.11.6 Radici Partecipazioni Spa
14.11.7 Sinopharm Chemical Reagent Co. Ltd
15. Hexamethylenediamine Market - Appendix
15.1 Abbreviations
15.2 Sources
16. Hexamethylenediamine Market - Methodology
16.1 Research Methodology
16.1.1 Company Expert Interviews
16.1.2 Industry Databases
16.1.3 Associations
16.1.4 Company News
16.1.5 Company Annual Reports
16.1.6 Application Trends
16.1.7 New Products and Product database
16.1.8 Company Transcripts
16.1.9 R&D Trends
16.1.10 Key Opinion Leaders Interviews
16.1.11 Supply and Demand Trends
LIST OF TABLES
1.Global Hexamethylenediamine Market By End-Use Industry Market 2019-2024 ($M)1.1 Automotive Market 2019-2024 ($M) - Global Industry Research
1.1.1 Powertrain Market 2019-2024 ($M)
1.2 Textile Market 2019-2024 ($M) - Global Industry Research
1.2.1 Apparels Market 2019-2024 ($M)
1.2.2 Industrial Clothing Market 2019-2024 ($M)
1.2.3 Sewing Threads Market 2019-2024 ($M)
1.3 Paints & Coatings Market 2019-2024 ($M) - Global Industry Research
1.3.1 Industrial Market 2019-2024 ($M)
1.3.2 Architectural Market 2019-2024 ($M)
1.3.3 Specialty Coatings Market 2019-2024 ($M)
1.4 Petrochemicals Market 2019-2024 ($M) - Global Industry Research
2.Global Hexamethylenediamine Market By End-Use Industry Market 2019-2024 (Volume/Units)
2.1 Automotive Market 2019-2024 (Volume/Units) - Global Industry Research
2.1.1 Powertrain Market 2019-2024 (Volume/Units)
2.2 Textile Market 2019-2024 (Volume/Units) - Global Industry Research
2.2.1 Apparels Market 2019-2024 (Volume/Units)
2.2.2 Industrial Clothing Market 2019-2024 (Volume/Units)
2.2.3 Sewing Threads Market 2019-2024 (Volume/Units)
2.3 Paints & Coatings Market 2019-2024 (Volume/Units) - Global Industry Research
2.3.1 Industrial Market 2019-2024 (Volume/Units)
2.3.2 Architectural Market 2019-2024 (Volume/Units)
2.3.3 Specialty Coatings Market 2019-2024 (Volume/Units)
2.4 Petrochemicals Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America Hexamethylenediamine Market By End-Use Industry Market 2019-2024 ($M)
3.1 Automotive Market 2019-2024 ($M) - Regional Industry Research
3.1.1 Powertrain Market 2019-2024 ($M)
3.2 Textile Market 2019-2024 ($M) - Regional Industry Research
3.2.1 Apparels Market 2019-2024 ($M)
3.2.2 Industrial Clothing Market 2019-2024 ($M)
3.2.3 Sewing Threads Market 2019-2024 ($M)
3.3 Paints & Coatings Market 2019-2024 ($M) - Regional Industry Research
3.3.1 Industrial Market 2019-2024 ($M)
3.3.2 Architectural Market 2019-2024 ($M)
3.3.3 Specialty Coatings Market 2019-2024 ($M)
3.4 Petrochemicals Market 2019-2024 ($M) - Regional Industry Research
4.South America Hexamethylenediamine Market By End-Use Industry Market 2019-2024 ($M)
4.1 Automotive Market 2019-2024 ($M) - Regional Industry Research
4.1.1 Powertrain Market 2019-2024 ($M)
4.2 Textile Market 2019-2024 ($M) - Regional Industry Research
4.2.1 Apparels Market 2019-2024 ($M)
4.2.2 Industrial Clothing Market 2019-2024 ($M)
4.2.3 Sewing Threads Market 2019-2024 ($M)
4.3 Paints & Coatings Market 2019-2024 ($M) - Regional Industry Research
4.3.1 Industrial Market 2019-2024 ($M)
4.3.2 Architectural Market 2019-2024 ($M)
4.3.3 Specialty Coatings Market 2019-2024 ($M)
4.4 Petrochemicals Market 2019-2024 ($M) - Regional Industry Research
5.Europe Hexamethylenediamine Market By End-Use Industry Market 2019-2024 ($M)
5.1 Automotive Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Powertrain Market 2019-2024 ($M)
5.2 Textile Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Apparels Market 2019-2024 ($M)
5.2.2 Industrial Clothing Market 2019-2024 ($M)
5.2.3 Sewing Threads Market 2019-2024 ($M)
5.3 Paints & Coatings Market 2019-2024 ($M) - Regional Industry Research
5.3.1 Industrial Market 2019-2024 ($M)
5.3.2 Architectural Market 2019-2024 ($M)
5.3.3 Specialty Coatings Market 2019-2024 ($M)
5.4 Petrochemicals Market 2019-2024 ($M) - Regional Industry Research
6.APAC Hexamethylenediamine Market By End-Use Industry Market 2019-2024 ($M)
6.1 Automotive Market 2019-2024 ($M) - Regional Industry Research
6.1.1 Powertrain Market 2019-2024 ($M)
6.2 Textile Market 2019-2024 ($M) - Regional Industry Research
6.2.1 Apparels Market 2019-2024 ($M)
6.2.2 Industrial Clothing Market 2019-2024 ($M)
6.2.3 Sewing Threads Market 2019-2024 ($M)
6.3 Paints & Coatings Market 2019-2024 ($M) - Regional Industry Research
6.3.1 Industrial Market 2019-2024 ($M)
6.3.2 Architectural Market 2019-2024 ($M)
6.3.3 Specialty Coatings Market 2019-2024 ($M)
6.4 Petrochemicals Market 2019-2024 ($M) - Regional Industry Research
7.MENA Hexamethylenediamine Market By End-Use Industry Market 2019-2024 ($M)
7.1 Automotive Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Powertrain Market 2019-2024 ($M)
7.2 Textile Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Apparels Market 2019-2024 ($M)
7.2.2 Industrial Clothing Market 2019-2024 ($M)
7.2.3 Sewing Threads Market 2019-2024 ($M)
7.3 Paints & Coatings Market 2019-2024 ($M) - Regional Industry Research
7.3.1 Industrial Market 2019-2024 ($M)
7.3.2 Architectural Market 2019-2024 ($M)
7.3.3 Specialty Coatings Market 2019-2024 ($M)
7.4 Petrochemicals Market 2019-2024 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Hexamethylenediamine Market Revenue, 2019-2024 ($M)2.Canada Hexamethylenediamine Market Revenue, 2019-2024 ($M)
3.Mexico Hexamethylenediamine Market Revenue, 2019-2024 ($M)
4.Brazil Hexamethylenediamine Market Revenue, 2019-2024 ($M)
5.Argentina Hexamethylenediamine Market Revenue, 2019-2024 ($M)
6.Peru Hexamethylenediamine Market Revenue, 2019-2024 ($M)
7.Colombia Hexamethylenediamine Market Revenue, 2019-2024 ($M)
8.Chile Hexamethylenediamine Market Revenue, 2019-2024 ($M)
9.Rest of South America Hexamethylenediamine Market Revenue, 2019-2024 ($M)
10.UK Hexamethylenediamine Market Revenue, 2019-2024 ($M)
11.Germany Hexamethylenediamine Market Revenue, 2019-2024 ($M)
12.France Hexamethylenediamine Market Revenue, 2019-2024 ($M)
13.Italy Hexamethylenediamine Market Revenue, 2019-2024 ($M)
14.Spain Hexamethylenediamine Market Revenue, 2019-2024 ($M)
15.Rest of Europe Hexamethylenediamine Market Revenue, 2019-2024 ($M)
16.China Hexamethylenediamine Market Revenue, 2019-2024 ($M)
17.India Hexamethylenediamine Market Revenue, 2019-2024 ($M)
18.Japan Hexamethylenediamine Market Revenue, 2019-2024 ($M)
19.South Korea Hexamethylenediamine Market Revenue, 2019-2024 ($M)
20.South Africa Hexamethylenediamine Market Revenue, 2019-2024 ($M)
21.North America Hexamethylenediamine By Application
22.South America Hexamethylenediamine By Application
23.Europe Hexamethylenediamine By Application
24.APAC Hexamethylenediamine By Application
25.MENA Hexamethylenediamine By Application
26.BASF SE, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.E. I. Du Pont De Nemours, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Asahi Kasei Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Merck KGaA, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Evonik Industries AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Solvay SA, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Invista, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Ascend Performance Materials, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Compass Chemical, Sales /Revenue, 2015-2018 ($Mn/$Bn)