Global Hexamethylene Diamine Market is growing at a CAGR of 4.9% from 2017 to 2025.

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Summary

The global hexamethylene diamine market was valued at USD 5.35billion in 2017 and is projected to reach USD 7.84billion by 2025, growing at a CAGR of 4.9% from 2017 to 2025. 

Press Release

The global hexamethylene diamine market was valued at USD 5.35billion in 2017 and is projected to reach USD 7.84billion by 2025, growing at a CAGR of 4.9% from 2017 to 2025. 

Market Definition:
Hexamethylene diamine is a diamine comprising of hexamethylene hydrocarbon chain and amine functional groups. The bi-functional nature of this compound has resulted in huge applications. However, it is majorly used in plastic manufacturing. The demand is expected to remain high over the forecast period owing to growing usage in the manufacture of epoxy resins.

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Market Dynamics:
1. Market Drivers
1.1 Rising demand from Nylon 66 resin market
1.2 Increasing demand for polyamides 
2. Market Restraints
2.1 Slow market penetration in emerging economies
2.2 Environmental issues in manufacturing

Market Segmentation:
The global hexamethylene diamine market is segmented on the basis of application, end-use, and region.
1. By Application:
1.1 Biocides
1.2 Adhesives
1.3 Lubricants
1.4 Curing Agents
1.5 Coating Intermediates
1.6 Nylon Synthesis
1.7 Water Treatment Chemical
1.8 Others

2. By End-Use:
2.1 Paints & Coatings
2.1.1 Industrial
2.1.2 Architectural
2.1.3 Specialty Coatings
2.2 Textiles
2.2.1 Apparels
2.2.2 Industrial Clothing
2.2.3 Sewing Threads
2.3 Automotive

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2.3.1 Interior 
2.3.2 Exterior
2.3.3 Powertrain
2.4 Petrochemicals
2.5 Others
2.5.1 Electrical & Electronics
2.5.2 Aerospace
2.5.3 Adhesives 
2.5.4 Lubricants

3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America) 
3.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Toray Industries
2. BASF SE
3. Merck KGaa
4. EI Du Pont De Nemours
5. Evonik
6. Solvay
7. Invista
8. Ashland 
9. Rennovia Inc.
10. Compass Chemical
11. Ascend Performance Materials
12. Lanxess
13. Genomatica
14. Suzhou Sibian Chemicals Co., Ltd.
15. Chengdu Dacheng Chemical Co., Ltd.

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These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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