Global 16 Hexanediol
Market Report
2025
1,6-Hexanediol market was valued at USD 1.23 billion in 2022 and is projected to reach USD 2.24 billion by 2030, registering a CAGR of 7.8 % for the forecast period 2023-2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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The global 1,6-Hexanediol market was valued at USD 1.23 billion in 2022 and is projected to reach USD 2.24 billion by 2030, registering a CAGR of 7.8 % for the forecast period 2023-2030.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global 16 Hexanediol Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 7.8% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Synthesis |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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16 Hexanediol Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
1,6-Hexanediol also known as hexamethylene glycol, is an organic compound with the formula (CH2CH2CH2OH)2 and is manufactured by the hydrogenation of adipic acid or cyclohexane. Although 1-6- Hexanediol is commonly used to manufacture polyurethane and polyester and is also used as raw material for polyurethane coating, polycarbonate diol resins, and polyester resins. It offers several properties like flexibility and hardness, due to this it is utilized in the manufacturing of consumer applications like toner, color products, ink, paints, and coating products. Moreover, It is generally considered safe because of its low toxicity and flammability hence it is used as a reactive thinner for the production of epoxy systems which are utilized for the manufacturing of rotor blades for wind turbines. However, the other names of 1,6-Hexanediol are Hexane-1,6, Hexamethylene glycol, Hexamethylenediol, 629-11-8, and 1,6- Dihydroxyhexane.
Increasing the use of 1,6- hexanediol in polyurethane propels the growth of the market. Polyurethane is used in several applications like furniture, elastomers, footwear, coating, straps, medical instruments, building & construction, packaging, electronics, and others. Further, a robust increase in demand for medical devices and the automotive sector help to expand the polyurethane market. Because of its resistance to extreme temperatures microbes, it is broadly used in several applications also it improves hardness and flexibility, rising the demand for 1,6-HDO in polyurethane.
Difficulties in the storage and transportation of 1,6-Hexanediol are expected to hinder the growth of the market. Due to its high hygroscopicity, 1,6-HDO is difficult for both storage and transportation. For that, strong precautions are required to prevent it from humidity. The material must be stored in warm, dry areas. It needs a temperature of around 55 °C. It has to be kept in cold and dry places because it is sensitive to high temperatures. To avoid material degradation, it should also be kept away from the light because it is sensitive to light, especially UV radiation. Moreover, it needs proper measures to handle because it may irritate the eyes, mucous membranes, and respiratory tract.
The outbreak of Covid-19 has adverse impact on the 1,6-Hexanediol market growth. The pandemic causes significant disruption in the supply chains due to lockdown measures, and travel restrictions. This restriction affected the availability and transportation of raw materials necessary for the production of 1,6-HDO. Industries like automotive, and construction, experienced a slowdown due to economic uncertainty, which led to a decline in the demand for polyurethane and 1,6-HDO.
1,6-HDO manufacture and use have now resumed as 1,6-HDO consumer industries like automobile, construction, and packaging are restarted. The government released border restriction laws and regulations, which lessened the disturbance to business operations and the supply chain. Distribution, supply chain, and production of polyurethane, as well as 1,6-HDO also returned to their pre-pandemic level.
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LANXESS increased the price of Hexanediol
Specialty chemical company LANXESS has raised prices for 1,6- Hexanediol globally. The increased amount is EUR 1200 per metric ton.
BASF increased the capacity for Hexanediol at its Ludwigshafen site.
BASF increased the production capacity of 1,6-hexanediol at its Ludwigshafen, Germany site by more than 50 percent. The increased capacity of production of HDO is 70,000 metric tons per year as its production facilities are in Ludwigshafen, Germany, and Freeport, Texas, United States. High-performance and environmentally friendly technology in the furniture, automotive, and packaging sectors were responsible for the expansion.
BASF increased prices for 1,6-Hexanediol in Europe.
With the immediate effect of the existing contract permit, BASF increased the prices for 1,6-HDO in Europe. The price was increased by 1000 EUR per metric ton.
Top Companies Market Share in 16 Hexanediol Industry: (In no particular order of Rank)
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The Asia Pacific 1,6-HDO market is expected to grow at the fastest growth rate during the forecast period.
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East, and Africa. The 1,6-Hexanediol is estimated to witness steady growth in developing countries of APAC like India, China, and Japan. The increasing number of manufacturing units in China is one of the critical driving factors to increase the growth of the 1,6-HDO market. However, the rising R&D, government support policy, manufacturing facilities, cost-effectiveness, low manufacturing cost, and availability of raw materials drive the growth of the polyurethane market in the region. Although, the rising automobile and pharmaceutical industry in APAC has witnessed an increased consumption rate of 1,6-HDO. In recent years, countries like South Korea, India, Vietnam, and China increased the production of polyurethane, resulting in increased demand for 1,6-HDO.
The current report Scope analyzes 16 Hexanediol Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global 16 Hexanediol Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing 16 Hexanediol Industry growth. 16 Hexanediol market has been segmented with the help of its Synthesis, Application , and others. 16 Hexanediol market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The cyclohexane segment is estimated to hold the highest market share in the 1,6-Hexanediol market.
Based on synthesis, the market is bifurcated into cyclohexane and adipic acid. The cyclohexane segment has dominated the market and will continue to grow over the forecast period attributed to it being easy to use as compared to other segments. Additionally, Cyclohexane is abundant and inexpensive, making it the choice for the manufacturing of 1,6-hexanediol. Cyclohexane has high purity grade than other segments which makes it effective to use in the manufacturing of 1,6-HDO.
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The polyurethane segment has dominated the market in 2022 and will continue to rise over the projected period.
Based on application, the 1,6-HDO market is segmented into Polyurethane, Acrylates, Polyester Resins, Adhesives, Coating, and Plasticizers. The polyurethane segment generates the lead in terms of revenue in 2022 and is expected to rise over the projection period. PU is a material that is used to resist extreme temperature growth of microbes, so it is broadly used in several applications like automobiles, construction, furniture, coating, packaging, and others. Moreover, 1,6-HDO is employed as a chain extender in polyurethanes leading to good hydrolysis resistance, thermal resistance as well as mechanical strength. It also improves hardness and flexibility, and increases the demand for the polyurethane segment in the 1,6-HDO market.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global 16 Hexanediol Market is witnessing significant growth in the near future.
In 2023, the Adipic Acid segment accounted for noticeable share of global 16 Hexanediol Market and is projected to experience significant growth in the near future.
The Polyurethane segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies BASF SE , Lishui Nanming Chemical Co. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Synthesis | Adipic Acid, Cyclohexane |
Application | Polyurethane, Acrylates, Polyester Resins, Adhesives, Coating, Plasticizers |
List of Competitors | BASF SE, UBE INDUSTRIES LTD., Lishui Nanming Chemical Co., Henan Tianfu Chemical Co., LANXESS, Hefei TNJ Chemical Industry Co. Ltd., Technolog Ltd, Zhengzhou Meiya Chemical Products Co. Ltd, Prasol Chemicals Pvt., Perstorp, Shandong Yuanli Science and Technology Co. Ltd. |
This chapter will help you gain GLOBAL Market Analysis of 16 Hexanediol. Further deep in this chapter, you will be able to review Global 16 Hexanediol Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of 16 Hexanediol. Further deep in this chapter, you will be able to review North America 16 Hexanediol Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of 16 Hexanediol. Further deep in this chapter, you will be able to review Europe 16 Hexanediol Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of 16 Hexanediol. Further deep in this chapter, you will be able to review Asia Pacific 16 Hexanediol Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of 16 Hexanediol. Further deep in this chapter, you will be able to review South America 16 Hexanediol Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of 16 Hexanediol. Further deep in this chapter, you will be able to review Middle East and Africa 16 Hexanediol Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of 16 Hexanediol. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 7 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 8 Qualitative Analysis (Subject to Data Availability)
Segmentation Synthesis Analysis 2019 -2031, will provide market size split by Synthesis. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 9 Market Split by Synthesis Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global 16 Hexanediol market
Chapter 11 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 12 Research Methodology and Sources
Why Adipic Acid have a significant impact on 16 Hexanediol market? |
What are the key factors affecting the Adipic Acid and Cyclohexane of 16 Hexanediol Market? |
What is the CAGR/Growth Rate of Polyurethane during the forecast period? |
By type, which segment accounted for largest share of the global 16 Hexanediol Market? |
Which region is expected to dominate the global 16 Hexanediol Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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