HEXAMETHYLENE DIISOCYANATE
MARKET OVERVIEW
Hexamethylene Diisocyanate (HDI) is a key aliphatic diisocyanate used in highperformance coatings, adhesives, and elastomers. Its applications span automotive, aerospace, and construction industries, driven by demand for durable, UV-resistant, and abrasionresistant materials.
MARKET SIZE AND GROWTH
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MARKET SIZE (2024):
APPROXIMATELY USD 2.15 BILLION
PROJECTED MARKET SIZE (2032): AROUND USD 3.99 BILLION
COMPOUND ANNUAL GROWTH RATE (CAGR): 7.1% DURING THE FORECAST PERIOD.
By Type Purity ≥ 99.9% Other Grades
MARKET SEGMENTATION
REGIONAL ANALYSIS
Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.
MIDDLE EAST & AFRICA
Growth driven by infrastructure development projects and increasing construction activities.
NORTH AMERICA
Driven by aerospace industry demand.
EUROPE
Significant market share, led by companies like Covestro and BASF SE, fueled by automotive sector growth.
ASIA-PACIFIC
Rapid industrialization and urbanization in countries like China, Japan, and India, with companies like WANHUA expanding their presence.
KEY PLAYERS
Covestro
BASF SE WANHUA
Vencorex
Tosoh
