1,6 Hexanediol Market Challenges, Key Players, Industry Segments, Opportunities, Forecast Report 2022

Market Highlights
1,6 hexanediol market has witnessed significant growth owing to end use markets such as polyurethane, coatings and acrylates among others. 1,6 hexanediol are used in various industries as it is easily available, colorless crystalline solid with high affinity towards water in-addition to this 1,6 hexanediol can be customized.
The applications of 1,6 hexanediol are diverse namely  in the production of polyurethanes, acrylates, coatings, adhesives, plasticizers, and unsaturated polyester resins and others . Polyurethane, acrylic and coating applications account for the largest share of the global demand. The advancements technology, and development of bio based raw materials are expected to influence the growth of the 1, 6 hexanediol market. 1,6 hexanediol market. Storage and transportation is a major challenge for this chemically active substance. 1,6 hexanediol is highly hygroscopic in nature and measures need to be taken in order to minimize its interaction with air or moisture. Temperature of the product should be maintained between 55°C and 70°C at all times to optimize its utility. 1,6 hexanediol has been found to exhibit low toxicity and proper precautions need to be undertaken while handling the chemical. It causes eye irritation and diffuse opacity of cornea upon contact with eyes.
 
Global 1,6 Hexanediol Market is expected to grow with the CAGR 8.22 % of more than from 2016 to 2022, and with this it is predictable to cross USD 1,500 Million by 2022
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Key Players
The key players in market includes

• BASF SE,
• Ube Industries,
• Perstop AB,
• Lishui Nanming,
• Shandong Yuanli Science and Technology Co., 
• Fushun Tianfu Chemicals Co., Ltd.,
• Lanxess, Ltd. and others. 

Segment insights
The market for 1, 6 hexanediol has been segmented into application such as polyurethane, paints & coatings, acrylics, adhesive, polyester resins, unsaturated, and plasticizers. 1, 6 Hexanediol market is segmented into by application: polyurethane, paints & coatings, acrylics, adhesive, polyester resins, and unsaturated, plasticizers. 1, 6 Hexanediol is used in polyurethane, polyurethane had the largest market share in 2016 owing to rising energy conversation importance due to increasing cost along with shift in preference towards high efficiency and low GHG material. Paints & Coatings are the second largest segment in 2016, the market is anticipated to touch down in millions for the forecasted period.
 
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Regional insights
“Asia-Pacific is projected to be the largest market during the forecast period”
The APAC region Coated Abrasives market is expected to grow due to rapid industrializations, favorable government regulations and increase in per captia income. The rapid growth of end user industry such as automotive, fabrication and transportation in China, India and Japan is anticipated to drive the Asia-Pacific market for paint and coatings for the forecasted period. Major players are also targeting developing regions in order to maximize the profit and meet the growing demand in those regions. 
European witnessed a significant growth owing to being prominent player of automobile sector and consumer appliances. After economic downturn, the government is focusing more on non-woven fabric which significantly increase the product demand in this region. 
 
Scope of the study
The scope of the study categorizes the 1,6 Hexanediols market as application.
By Application

• Polyurethane
• Acrylics
• Adhesive
• Paints & Coatings
• Polyester Resins
• Plasticizers

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Table of Content
1         Executive Summary    
2         Scope of The Report    
2.1       Market Definition    
2.2       Scope of The Study    
2.2.1    Research Objectives    
2.2.2    Assumptions & Limitations    
2.3    Markets Structure    
3       Market Research Methodology    
3.1    Research Process    
3.2    Secondary Research    
3.3    Primary Research    
3.4    Forecast Model    
4       Market Landscape    
Continue……..
 
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