1, 6-Hexanediol (C6H12O2) is a versatile chemical compound that is essential in various industrial applications. It is a colorless, hygroscopic, and crystalline solid that is highly soluble in water. With a melting point of 42°C and a boiling point of 250°C, this diol compound is primarily used as an intermediate in chemical manufacturing processes. Its linear structure consists of two terminal hydroxyl groups (-OH), which are integral in the production of polyurethanes, coatings, and other specialty chemicals.
In the industrial sector, 1, 6-Hexanediol plays a significant role in the production of high-performance polyurethanes, which are used in coatings, adhesives, and plastics. It is also an important ingredient in the manufacturing of polyester plasticizers and other niche products, making it highly sought after in industries like automotive, construction, and consumer goods.
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Market Size
The Global 1, 6-Hexanediol Market was valued at approximately US$ 1287 Million in 2024 and is projected to reach US$ 1889 Million by 2030, growing at a robust CAGR of 6.6% during the forecast period. This growth is a result of expanding applications across various end-use industries and the increasing demand for performance materials that enhance the durability and functionality of products.
Historical trends show a steady upward trajectory for the market, primarily driven by the increasing adoption of polyurethane materials and rising demand in sectors such as automotive, construction, and textiles. The market is expected to experience substantial growth in the coming years, supported by innovations in chemical manufacturing and an evolving demand for sustainable and highperformance materials.
Market Dynamics (Drivers, Restraints, Opportunities, and Challenges)
Drivers
• Growing Demand for Polyurethanes: Polyurethanes, made from 1, 6-Hexanediol, are widely used in coatings, adhesives, and foams, with increased demand coming from the automotive, furniture, and construction industries. As these industries grow, so does the demand for 1, 6-Hexanediol.
• Expanding Application in Automotive and Electronics: The need for durable and lightweight materials in the automotive and electronics industries has accelerated the demand for 1, 6Hexanediol, particularly for use in coatings and insulation materials.
• Sustainability and Green Chemistry: The shift towards more environmentally friendly and sustainable materials is fueling the demand for green solvents, adhesives, and plastics, in which 1, 6-Hexanediol plays a crucial role due to its non-toxic nature.
Growing Demand for Polyurethanes: Polyurethanes, made from 1, 6-Hexanediol, are widely used in coatings, adhesives, and foams, with increased demand coming from the automotive, furniture, and construction industries. As these industries grow, so does the demand for 1, 6-Hexanediol.
1, 6-HEXANEDIOL MARKET
Expanding Application in Automotive and Electronics: The need for durable and lightweight materials in the automotive and electronics industries has accelerated the demand for 1, 6Hexanediol, particularly for use in coatings and insulation materials.
Sustainability and Green Chemistry: The shift towards more environmentally friendly and sustainable materials is fueling the demand for green solvents, adhesives, and plastics, in which 1, 6Hexanediol plays a crucial role due to its non-toxic nature.
Restraints
• High Production Costs: The production of 1, 6-Hexanediol is relatively costly due to its complex manufacturing process. This can hinder its widespread adoption in price-sensitive markets.
• Volatility in Raw Material Prices: Fluctuations in the prices of raw materials used in the synthesis of 1, 6-Hexanediol, such as petrochemical derivatives, can impact its production cost and market pricing, leading to potential instability in the market.
High Production Costs: The production of 1, 6-Hexanediol is relatively costly due to its complex manufacturing process. This can hinder its widespread adoption in price-sensitive markets.
Volatility in Raw Material Prices: Fluctuations in the prices of raw materials used in the synthesis of 1, 6-Hexanediol, such as petrochemical derivatives, can impact its production cost and market pricing, leading to potential instability in the market.
Opportunities
• Emerging Markets: The demand for 1, 6-Hexanediol is increasing in emerging markets such as China and India, driven by the growing construction, automotive, and industrial sectors.
• Product Innovation and Diversification: With ongoing research and development, there is potential for innovations in the applications of 1, 6-Hexanediol, particularly in the development of bio-based and eco-friendly alternatives.
Emerging Markets: The demand for 1, 6-Hexanediol is increasing in emerging markets such as China and India, driven by the growing construction, automotive, and industrial sectors.
Product Innovation and Diversification: With ongoing research and development, there is potential for innovations in the applications of 1, 6-Hexanediol, particularly in the development of bio-based and eco-friendly alternatives.
Challenges
• Environmental Regulations: Stricter environmental regulations and policies regarding chemical production and emissions may pose a challenge to manufacturers, potentially leading to increased costs for compliance and operational changes.
• Competition from Alternative Chemicals: The market faces competition from alternative chemicals, such as ethylene glycol and other diols, which may provide similar benefits at a lower cost.
Environmental Regulations: Stricter environmental regulations and policies regarding chemical production and emissions may pose a challenge to manufacturers, potentially leading to increased costs for compliance and operational changes.
1, 6-HEXANEDIOL MARKET
Competition from Alternative Chemicals: The market faces competition from alternative chemicals, such as ethylene glycol and other diols, which may provide similar benefits at a lower cost.
Regional Analysis
North America
North America holds a significant share in the global 1, 6-Hexanediol market, largely due to the presence of major industrial players in the region, such as BASF and Lanxess. The U.S. and Canada are key markets for 1, 6-Hexanediol, driven by the demand for polyurethane-based products in construction, automotive, and consumer goods. The region is also witnessing increased investments in green and sustainable chemicals, which will support future market growth.
Europe
Europe is the largest market for 1, 6-Hexanediol, accounting for about 45% of the total global share. Countries like Germany, the U.K., and France are central to the European market, where 1, 6Hexanediol is used in automotive, coatings, and construction industries. The region's strong focus on sustainable chemical production and eco-friendly alternatives positions it for continued growth in the coming years.
Asia-Pacific
Asia-Pacific, led by China, India, and Japan, is expected to exhibit strong growth due to the rapid industrialization and increasing demand for durable, high-performance materials in sectors such as automotive, construction, and electronics. The region is expected to see a CAGR higher than the global average, driven by both domestic demand and export opportunities.
South America
The demand for 1, 6-Hexanediol in South America is driven by growth in the automotive, construction, and consumer goods industries. Brazil and Argentina are the primary contributors to the regional market, although growth is tempered by limited manufacturing capacity and reliance on imports.
Middle East & Africa
The Middle East and Africa (MEA) region shows moderate growth, with key markets in Saudi Arabia, the UAE, and South Africa. Demand for 1, 6-Hexanediol in the region is growing due to an increasing focus on industrial development, particularly in construction and automotive manufacturing.
Competitor Analysis
The global 1, 6-Hexanediol market is dominated by key players such as BASF, Lanxess, Ube Industries, Shandong Yuanli, and Zhejiang Boadge Chemical, which collectively hold a market share of approximately 90%. These companies maintain strong market positions through technological advancements, extensive production capacities, and strategic partnerships. For instance, BASF and Lanxess are actively investing in R&D to develop more sustainable and efficient production methods for 1, 6-Hexanediol. Smaller players and regional manufacturers are focusing on niche markets and competitive pricing strategies to capture a portion of the market.
Global 1, 6-Hexanediol: Market Segmentation Analysis
1, 6-HEXANEDIOL MARKET
This report provides a deep insight into the global 1, 6-Hexanediol market, covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and assessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global 1, 6-Hexanediol. This report introduces in detail the market share, market performance, product situation, operation situation, etc., of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the 1, 6-Hexanediol in any manner.
Market Segmentation (by Application)
• Coating: 1, 6-Hexanediol is widely used in coatings due to its excellent adhesion, flexibility, and durability properties.
• Polyurethane: This is the largest segment, driven by demand for high-performance materials in industries such as automotive, construction, and furniture.
• Polyester Plasticizers: Used in the production of flexible materials such as plastics, this segment continues to grow as demand for high-quality plasticizers rises.
• Others: Includes applications in adhesives, lubricants, and specialty chemicals.
Market Segmentation (by Type)
• Purity Grade 99%
• Purity Grade 99.7%
• Others
Key Company
Key companies operating in the global 1, 6-Hexanediol market include
BASF, Lanxess, Ube Industries, Shandong Yuanli, and Zhejiang Boadge Chemical Geographic Segmentation
• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
• South America (Brazil, Argentina, Colombia, Rest of South America)
• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
1, 6-HEXANEDIOL MARKET
FAQ: 1, 6-Hexanediol Market
What is the current market size of the 1, 6-Hexanediol Market?
⣠The 1, 6-Hexanediol market is valued at US$ 1287 million in 2024, with a projected growth to US$ 1889 million by 2030, growing at a CAGR of 6.6%.
Which are the key companies operating in the 1, 6-Hexanediol Market?
⣠Key companies include BASF, Lanxess, Ube Industries, Shandong Yuanli, and Zhejiang Boadge Chemical.
What are the key growth drivers in the 1, 6-Hexanediol Market?
⣠The key growth drivers include the increasing demand for polyurethanes, expanding automotive and electronics industries, and the push for sustainable, green chemistry solutions.
Which regions dominate the 1, 6-Hexanediol Market?
⣠Europe is the largest market, followed by North America and Asia-Pacific, with China and India showing strong growth potential.
What are the emerging trends in the 1, 6-Hexanediol Market?
⣠Emerging trends include advancements in green chemistry, sustainability initiatives, and expanding applications in automotive and electronics industries.
Competitor Analysis
The report also provides analysis of leading market participants including:
• Key companies 1, 6-Hexanediol revenues in global market, 2018-2023 (Estimated), ($ millions)
• Key companies 1, 6-Hexanediol revenues share in global market, 2022 (%)
• Key companies 1, 6-Hexanediol sales in global market, 2018-2023 (Estimated), (MT)
• Key companies 1, 6-Hexanediol sales share in global market, 2022 (%)
Key Players Include:
• BASF
• Ube Industries
• Lanxess
• Perstorp
• Shandong Yuanli
• Lishui Nanming Chemical
Chapter 1: Introduces the definition of 1, 6-Hexanediol, market overview.
Chapter 2: Global 1, 6-Hexanediol market size in revenue and volume.
1, 6-HEXANEDIOL MARKET
Chapter 3: Detailed analysis of 1, 6-Hexanediol manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of 1, 6-Hexanediol in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global 1, 6-Hexanediol capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports
1.1 1, 6-Hexanediol Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global 1, 6-Hexanediol Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global 1, 6-Hexanediol Overall Market Size
2.1 Global 1, 6-Hexanediol Market Size: 2022 VS 2029
2.2 Global 1, 6-Hexanediol Revenue, Prospects & Forecasts: 2018-2029
2.3 Global 1, 6-Hexanediol Sales: 2018-2029
3 Company Landscape
1, 6-HEXANEDIOL MARKET
3.1 Top 1, 6-Hexanediol Players in Global Market
3.2 Top Global 1, 6-Hexanediol Companies Ranked by Revenue
3.3 Global 1, 6-Hexanediol Revenue by Companies
3.4 Global 1, 6-Hexanediol Sales by Companies
3.5 Global 1, 6-Hexanediol Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 1, 6-Hexanediol Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers 1, 6-Hexanediol Product Type
3.8 Tier 1, Tier 2 and Tier 3 1, 6-Hexanediol Players in Global Market
3.8.1 List of Global Tier 1 1, 6-Hexanediol Companies
3.8.2 List of Global Tier 2 and Tier 3 1, 6-Hexanediol Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global 1, 6-Hexanediol Market Size Markets, 2022 & 2029
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