1 6 Hexanediol Market Status, Demand [2023-2030]

The Global 1, 6 Hexanediol Market Size was estimated at USD 477.83 million in 2023 and, exhibiting a CAGR of 4.30% during the forecast period 2023 to 2030.

The two glass sheets that make up hexanediol are joined by a protective interlayer. The major hurricane barrier in impact-resistant windows is laminated glass. The windscreens of autos also employ laminated glass.

In 2022, Asia Pacific accounted for the largest market for 1, 6 hexanediol. Due to expanding infrastructural development, increased auto production, and rising solar panel installations in both nations, India and China are significant markets for 1, 6 hexanediol.

This research offers a thorough analysis of the global 1, 6 Hexanediol market, covering all relevant areas. This includes everything from a broad market overview to specifics on the market's size, competitive environment, development trend, niche market, main market drivers, and difficulties.

Recent Development:
• In September 2018, BASF SE announced to increase the production capacity of 1,6-Hexanediol at its Ludwigshafen Verbund site by more than 50% after the start-up in 2021. After this expansion, the production capacity of 1,6-Hexanediol will be more than 70,000 metric tons per year. 1,6-Hexanediol produced from the facility will be used in high growth sectors such as automotive, furniture, and packaging.
• In April 2017, Lanxess invested USD 111.96 million for the expansion of intermediates production. Advanced Industrial Intermediates, the business segment of Lanxess is expanding its production facility and is expected to complete by 2020. Around USD 44.78 million is expected to be invested in the Leverkusen and Krefeld-Uerdingen sites. At the Krefeld-Uerdingen site, the company plans to expand the production facility of trimethylolpropane, hexanediol, benzylalcohol, and menthols to meet the demand of the global market.

How This Report Can Add Value?
Assuming that the reader is a manufacturer of 1, 6 Hexanediol Market, the report will assist them in the following ways:
• Understand your company's position relative to other major players in the market
• Stay up to date with new technology integrations, features and the latest developments in the market
• Understanding the impact of COVID-19 on the high 1, 6 Hexanediol and barriers to entry for new businesses
• Gain insight into end-user perceptions of the 1, 6 Hexanediol market
• Identify key players in the market and understand their valuable contributions

Key Questions Answered in the Report
• What impact has COVID-19 had on the growth of the global 1, 6 Hexanediol market?
• What are the key regulations driving the 1, 6 Hexanediol market in key regions?
• What technological developments are expected to have an impact?
• Who are the key players with significant advantages in the global 1, 6 Hexanediol market?
• Which growth opportunities can market participants take advantage of?
• What are the drivers and constraints of the global 1, 6 Hexanediol market?
• Which region has the highest growth rate in the 1, 6 Hexanediol market?
• The fastest growing countries in the global 1, 6 Hexanediol market What are the key strategies followed by market players in the global 1, 6 Hexanediol market?
• Who are the emerging players in the global 1, 6 Hexanediol market?

Research Methodology