Hexamethylenediamine Market by - (Polyamide 66, Coatings and Biocides)


Posted May 26, 2015 by MicroMktM

The global hexamethylenediamine market was valued at $2,904.2 million in 2014, and is projected to reach $3,425.6 million by 2019, at a CAGR of 3.4% from 2014 to 2019.

 
Hexamethylenediamine (HMDA) is an industrial intermediate, which is used principally to manufacture polyamide. The molecule is a diamine, consisting of a hex methylene hydrocarbon chain terminated with amine functional groups. As an industrial intermediate, HMDA is also used to react with other chemicals to form reactive coating components, scale and corrosion inhibitors, and other chemical products such as: HMD Isocyanate – reactive coating additive 1, 6-Hexanediol – a monomer in the manufacture of polyurethanes and polyesters.

Hexamethylenediamine (HMDA)/Download Complet Report
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In 2014, around 1,257 KT of polyamide 66 was accounted globally, with a projected demand growth of 2.5% from 2014 to 2019. North America is the leading consumer of polyamide 66 globally as it accounted for 89% of the total global demand in 2014. In 2014, the polyamide 66 market size globally was valued at $2,586.1 million, and is projected to reach $3,049.5 million by 2019, at a CAGR of 3.4% from 2014 and 2019. Among the key regions, North America and Europe were the largest contributors to the hexamethylenediamine market.

The hexamethylenediamine market is experiencing enormous growth which is expected to continue in the near future, mainly driven by the high growth in regions such as Asia Pacific, Europe and North America, as well as intense efforts at country level to promote environment-friendly and recyclable products. Considerable amount of investments are made by various market players to serve the end-user application industries in the future. The North America region is the main hexamethylenediamine market that accounted for about 41% market share of the total global demand in 2014. The region is further expected to show a high growth in the future, mainly due to the potential of the agriculture market in the U.S. and Canada.

Competitive scenarios of the top players in the hexamethylenediamine market have been discussed in detail. We have also profiled leading players of this industry with their recent developments and other strategic industry activities. These include: key hexamethylenediamine manufacturers such as BASF SE (Germany), Arkema (France), Asahi Kasei Corporation (Japan), Ivonik Industries AG (Germany), Formosa Plastic Corporation (Taiwan) and others.
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Tags hexamethylenediamine , hexamethylenediamine market , polyamide 66
Last Updated May 26, 2015