1, 6-Hexanediol market was valued at US$ 1287 million in 2024 and is projected to reach US$ 1889 million by 2030, growing at a robust CAGR of 6.6%

PUNE, MAHARASHTRA, INDIA, January 22, 2025 /EINPresswire.com/ -- The global 1, 6-Hexanediol market was valued at approximately US$ 1287 million in 2024 and is projected to reach US$ 1889 million by 2030, growing at a robust CAGR of 6.6% during the forecast period. This growth is a result of expanding applications across various end-use industries and the increasing demand for performance materials that enhance the durability and functionality of products.

Historical trends show a steady upward trajectory for the market, primarily driven by the increasing adoption of polyurethane materials and rising demand in sectors such as automotive, construction, and textiles. The market is expected to experience substantial growth in the coming years, supported by innovations in chemical manufacturing and an evolving demand for sustainable and high-performance materials.

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➡️Regional Analysis

North America

North America holds a significant share in the global 1, 6-Hexanediol market, largely due to the presence of major industrial players in the region, such as BASF and Lanxess. The U.S. and Canada are key markets for 1, 6-Hexanediol, driven by the demand for polyurethane-based products in construction, automotive, and consumer goods. The region is also witnessing increased investments in green and sustainable chemicals, which will support future market growth.

Europe

Europe is the largest market for 1, 6-Hexanediol, accounting for about 45% of the total global share. Countries like Germany, the U.K., and France are central to the European market, where 1, 6-Hexanediol is used in automotive, coatings, and construction industries. The region's strong focus on sustainable chemical production and eco-friendly alternatives positions it for continued growth in the coming years.

Asia-Pacific

Asia-Pacific, led by China, India, and Japan, is expected to exhibit strong growth due to the rapid industrialization and increasing demand for durable, high-performance materials in sectors such as automotive, construction, and electronics. The region is expected to see a CAGR higher than the global average, driven by both domestic demand and export opportunities.

South America

The demand for 1, 6-Hexanediol in South America is driven by growth in the automotive, construction, and consumer goods industries. Brazil and Argentina are the primary contributors to the regional market, although growth is tempered by limited manufacturing capacity and reliance on imports.

Middle East & Africa

The Middle East and Africa (MEA) region shows moderate growth, with key markets in Saudi Arabia, the UAE, and South Africa. Demand for 1, 6-Hexanediol in the region is growing due to an increasing focus on industrial development, particularly in construction and automotive manufacturing.

➡️Competitor Analysis

The global 1, 6-Hexanediol market is dominated by key players such as BASF, Lanxess, Ube Industries, Shandong Yuanli, and Zhejiang Boadge Chemical, which collectively hold a market share of approximately 90%. These companies maintain strong market positions through technological advancements, extensive production capacities, and strategic partnerships. For instance, BASF and Lanxess are actively investing in R&D to develop more sustainable and efficient production methods for 1, 6-Hexanediol. Smaller players and regional manufacturers are focusing on niche markets and competitive pricing strategies to capture a portion of the market.

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➡️Global 1, 6-Hexanediol: Market Segmentation Analysis:

This report provides a deep insight into the global 1, 6-Hexanediol market, covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and assessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global 1, 6-Hexanediol. This report introduces in detail the market share, market performance, product situation, operation situation, etc., of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the 1, 6-Hexanediol in any manner.

➡️Market Segmentation (by Application)

Coating: 1, 6-Hexanediol is widely used in coatings due to its excellent adhesion, flexibility, and durability properties.
Polyurethane: This is the largest segment, driven by demand for high-performance materials in industries such as automotive, construction, and furniture.
Polyester Plasticizers: Used in the production of flexible materials such as plastics, this segment continues to grow as demand for high-quality plasticizers rises.
Others: Includes applications in adhesives, lubricants, and specialty chemicals.

➡️Market Segmentation (by Type)
Purity Grade 99%
Purity Grade 99.7%
Others

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➡️Key Company

BASF, Lanxess, Ube Industries, Shandong Yuanli, and Zhejiang Boadge Chemical.

➡️Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Colombia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

➡️Outline of Major Chapters:

Chapter 1: Introduces the definition of 1, 6-Hexanediol, market overview.

Chapter 2: Global 1, 6-Hexanediol market size in revenue and volume.

Chapter 3: Detailed analysis of 1, 6-Hexanediol manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of 1, 6-Hexanediol in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global 1, 6-Hexanediol capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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