DUBLIN, May 12, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/ts7wvq/16hexanediol) has announced the addition of the "1,6-Hexanediol Market by Application (Polyurethanes, Coatings, Acrylates, Adhesives, Unsaturated Polyester Resins, Plasticizers, and Others) and By Geography (NA, Europe, Asia-Pacific, & ROW) - Trends and Forecasts to 2019" report to their offering.
The global 1,6-Hexanediol market is projected to account for 186 kilotons of market volume by 2019 signifying a robust growth rate of over 6.2% during the period of study.
The global 1,6-Hexanediol market, along with its end products, has witnessed an intense growth in the past few years and this growth is estimated to continue in the coming years. High demand for 1,6-Hexanediol from end-user industry from the emerging economies, such as China, Japan, and India is the only driver as per the current market dynamics. Also, such demand is backed by newer applications. The upcoming technological advancements, bio raw material developments, and innovative techniques developed for the use of 1,6-Hexanediol will be the key influencing factors for the global market with the increased emphasis on the current cost and their applications.
Currently, Europe is the largest consumer of 1,6-Hexanediol. Among all the countries in the region, China and India are important consumers of 1,6-Hexanediol. China held the largest share in the regional consumption in terms of volume of 1,6-Hexanediol in 2013. The market size of 1,6-Hexanediol in terms of volume is comparatively low in the ROW region, but is estimated to have a developing CAGR from 2014 to 2019.
Almost, 25.3% of the total 1,6-Hexanediol demand in 2013 was for the production of polyurethane products. This is due to its polyurethanes manufacturing demand and the use of same in the various end-user industries.
The Asia-Pacific and the European regions are the most active markets in terms of strategic initiatives, owing to their emerging and mature market demands, respectively. The superior end-user industry growth, amplified local manufacturing, and increased number of domestic players in vertical market segments, such as coatings, polyurethanes, acrylates, and others in the Asia-Pacific region can be the important drivers in terms of consumption of the 1,6-Hexanediol.
The important 1,6-Hexanediol manufacturers include BASF (Germany), Ube Industries (Japan), Lanxess (Germany), Lishui Nanming Co., Ltd. (China), Fushun Tianfu Chemicals Co., Ltd. (China), and Perstorp AB (Sweden).
Key Topics Covered:
2 EXECUTIVE SUMMARY
3 PREMIUM INSIGHTS
4 MARKET OVERVIEW
5 MARKET ASSESSMENT
6 MARKET ASSESSMENT, BY TYPE
7 MARKET ASSESSMENT, BY APPLICATIONS
8 MARKET ASSESSMENT, BY GEOGRAPHY
9 BURNING ISSUES & WINNING IMPERATIVES
10 COMPETITIVE LANDSCAPE & STRATEGIES
11 COMPANY PROFILES
- BASF S.E.
- Fushun Tianfu Chemicals Co. Ltd.
- Lishui Nanming
- Perstorp AB
- Ube Industries
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SOURCE Research and Markets